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Equipment and devices play crucial role in increasing production and finish work in stipulated time in oil reservoirs and mines. With increasing demand for energy across the globe, improving efficiencies, and rising subsea drilling activities, the market for equipment & devices is booming. Technological advancements have enabled manufacturers to introduce new features that would simplify work and increase precision. Companies are implementing various strategies, such as renting equipment for cost optimization and deep offshore activities. Allied Market Research has an array of research reports on various equipment & devices markets that would help investors & businesses to make better decisions.
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The cryogenic pump market was valued at $456 million in 2016, and is expected to reach $592 million by 2023, registering a CAGR of 3.9 % from 2017 to 2023. Cryogenic pump can be defined as a vacuum pump that ...
Cable Glands Market generated revenue of $1,667 million in 2016 and is projected to reach $2,513 million by 2023, registering a CAGR of 6.1% during the forecast period, i.e. from 2017 to 2023. In 2016, the armored segment is anticipated to grow at the highest rate during the forecast period.
Global Solar Photovoltaic (PV) Installations Market was valued at $131,818 million in 2016 and is expected to reach $393,594 million by 2023, registering a CAGR of 17.4% from 2017 to 2023. Photovoltaic devices directly convert sunlight into electricity. The key ...
Solar panels generate electricity by using photovoltaic (PV) technology. The solar energy is stored and converted into electricity in the photovoltaic panels. The global solar energy market is expected to grow at a CAGR of 13.7% during 2012 to 2017, ...
Global Rooftop Solar Photovoltaic (PV) Installation Market was valued at $29,770 million in 2016, and is expected to reach $64,671 million by 2023, registering a CAGR of 11.2% from 2017 to 2023. Rooftop solar PV installation is an electrical installation ...
The Pressure Vessel Market for alternative fuels was valued at $3,038 million in 2016, and is expected to reach at $8,529 million by 2023, growing at a CAGR of 16.6% from 2017 to 2023. CNG pressure vessels are widely used ...
The global LNG bunkering market was valued at $214 million in 2016, and is expected to reach $10,185 million by 2023, registering a CAGR of 58.5% from 2017 to 2023. The global shipping industry faced an IMO legislation to significantly ...
The global heat exchangers market was valued at $12,611 million in 2015, and is expected to reach $20,118 million by 2022, registering a CAGR of 6.9% from 2016 to 2022. A heat exchanger is a device employed to transfer thermal ...
In 2015, the global offshore mooring market was valued at $1,037 million and is expected to witness a steady growth to reach $1,408 million by 2022, growing at a CAGR of 5.0% during the forecast period. A mooring system comprise ...
the world artificial lift system market generated revenue of $16,449 million, however, due to increase demand of energy across the world in conjunction with the improving production efficiencies at mature fields, the market revenue is expected to reach $34,569 million through 2022.
High Voltage Cables (HVC) is used for electric power transmission at high voltage over long distances to meet the electricity demand at the respective loads. The market is anticipated to grow at a CAGR of 6.7 % from 2016 - 2022.
Global Medium Voltage Cables Market is expected to garner $54.2 billion by 2022, registering a CAGR of 6.5% during the forecast period 2016-2022. Medium voltage cable is a necessary component for power transmission and distribution in the voltage range of ...
Global Oilfield Auxiliary Rental Equipment Market is expected to garner $35 Billion by 2020, registering a CAGR of 9.4% during the forecast period 2014-2020.
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