North America is anticipated to be the leading market for drill bits with increased horizontal drilling and unconventional drilling activities. There are various driving factors that are responsible for the growth of drilling bit market such as increasing number of investigation and activities, both in offshore and onshore oilfields. In addition, enlargement of unconventional hydrocarbon …
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The power monitoring market is driven by factors such as the need to control the price of electricity, the need for efficient utilization of power resources and maximize the reliability of electrical infrastructure. Replacement of exciting power systems also boost the power monitoring market. Increasing the adoption of smart grid technologies and a growing focus …
Steel is one of the major raw materials used in manufacturing natural gas pipelines and the cost of steel amounts to approximately 16% of the total cost for manufacturing one mile of gas pipeline. As a result, the current trend of decreasing steel prices will substantially drive the growth of the natural gas pipeline market …
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The global automotive paint additives market size was valued at $3.29 billion in 2018, and is projected to reach $5.63 billion by 2026, registering a CAGR of 7.0% from 2019 to 2026. North America accounted for the highest share in 2018, and is expected to be the highest contributor to the global automotive paint additives …
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Allied Market Research published a new report, titled, “Building Energy Management Systems Market by Component, End user and Region: Global Opportunity Analysis and Industry Forecast, 2022-2029” The global Building Energy Management Systems market study depicts the current key trends, market analysis, competitors’ strategy, and impending market & technology forecast. Moreover, the study also embodies the revenue …
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The aviation industry has keen interest on bringing down the carbon footprint to achieve a sustainable environment and meet the stringent regulatory standards on emission. The rise in air travel and the expansion of the commercial airlines across the entire aviation industry led to the increase in the demand for sustainable aviation fuel as long …
Allied Market Research published a new report, titled, “Solar Control Window Films Market by Type, by Application and Region: Global Opportunity Analysis and Industry Forecast, 2022-2029” The global Solar Control Window Films market study depicts the current key trends, market analysis, competitors’ strategy, and impending market & technology forecast. Moreover, the study also embodies the revenue …
Allied Market Research published a new report, titled, “Marine Diesel Market by Distribution Channel, by End user, by Application and Region: Global Opportunity Analysis and Industry Forecast, 2022-2029” The global Marine Diesel market study depicts the current key trends, market analysis, competitors’ strategy, and impending market & technology forecast. Moreover, the study also embodies the revenue …
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The global industrial boilers market is studied across major four regional markets including North America, Europe, Asia-Pacific, and LAMEA. Europe is expected to be the largest market over the coming years in response to several factors including rapid industrialization and growing industries including FMCG, food & beverages, and power. In addition, strict regulations established by …
Growth in unconventional resources, mainly shale gas and oil reserves along with large investments in exploration and production activities are driving the market for downhole tools. Predominance of downhole apparatuses over the conventional drilling devices lies in the ability of improving the efficiency of production from oil wells. Increasing use of downhole tools in bottom …
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