The global digital oilfield market was valued USD 20.10 Billion in 2016; it is projected to reach USD 27.10 Billion by 2024, growing at a CAGR of 5.09%, from 2017 to 2024. Investment for digitization of oil & gas fields are increasing for enhancing their workflow process, for optimizing production, thereby meeting the product forecast and improving profitability.
Solar pumps also are known as Solar PV water pumping system are anticipated to witness a rapid growth during the eight-year assessment period. The pump generally works on electricity produced by thermal energy which is collected from sunlight or else photovoltaic panels, a process of transferring solar energy into electricity.
Water treatment is a process that purifies water, turns it into its natural state and makes water suitable for drinking or other applications. Due to the massive water pollution, nowadays it has become a basic requirement to human being for both residential and commercial usage.
Research Report Insights offers a 10-year forecast for Global Positive Displacement Pumps market between 2016 and 2026. In terms of value, the market is expected to register a CAGR of 4.3% during the forecast period (2026)
According to the report by Research Report Insights (RRI), the global solar micro inverter market is growing due to the increasing awareness about Module Level Power Electronics (MLPE) technology.
The biggest drawback of plastic products is that they are unrecyclable and can only be disposed of thereby causing pollution. However, waste plastic to fuel conversion is on the rise. Waste plastic-to-fuel conversion minimizes the dumping of plastic waste and turns it into a useful product.
Growth in the construction industry is giving rise to Aerial Work Platforms (AWP), providing access to inaccessible areas. global Aerial Work Platforms market is anticipated to reach $15.3 billion market value by the end of 2028
The global market for top load cartoning machines is segmented on the basis of product type, capacity, end use industry, and region. On the basis of product type, the market is segmented into horizontal and vertical. Horizontal top load cartoning machines are likely to be one of the top-selling products. By 2026 end, horizontal top load cartoning machines are estimated to exceed US$ 600 million revenue.
Industrial metal detectors assist in demonstrating the existence of metallic contaminations in non-conductive resources with textiles, glasses & ceramics, concrete, oils, plastics and rubber. Industrial metal detectors are utilized for deciding neatness or checking nonexistence of metal parts in mass or unrelenting products and reused materials. Uses of mechanical metal locators incorporate needles in texture sheets, identifying metal bits in pharmaceutical arrangements and nails or staples in wood.
The market is segmented based on molded pulp type, product type, end use and region. Based on molded pulp type, the market is sub-segmented into thick wall, transfer molded, thermoformed fiber, and processed pulp.
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