AC Drives Market By Voltage,Power Rating,Applications,End-Use Industry And By Region - 2021
The global #power #quality #equipment market is valued at USD 29.74 Billion in 2017, and is expected to grow at a CAGR of 6.56%, from 2017 to 2022. The growing demand for protection systems for electronic devices, non-uniform power quality and network reliability issues, rise in alternative energy programs, and power quality standardization are the major factors driving the power quality equipment market.
The #oilfield #equipment rental market is expected to be valued at USD 16.99 Billion in 2017 and is projected to be worth USD 20.55 Billion by 2022, at a CAGR of 3.87%. The oilfield equipment rental market is driven by factors such as technological advancement in oilfield equipment that has enabled the progress of non-conventional oil & gas fields, which were considered economically unviable, with techniques like horizontal drilling and ultra-deep drilling.
The global #oilfield services market was valued at USD 103.26 Billion in 2016 and is expected to grow at a CAGR of 3.35%, from 2017 to 2022. Increase in oil & gas exploration, growing efforts in exploring new oilfield reserves, shale gas exploration, and lifting of Iranian oil export sanction are major drivers that would trigger the oilfield services market.
Tube Packaging Market by Type (Squeeze Tubes, Twist Tubes), Application (Cosmetics & Oral Care, Food & Beverages, Pharmaceuticals, Cleaning Products), Material (Laminated, Aluminum, Plastic), and Region - Global Forecast to 2021
The #synchronous #condensers market was valued at USD 473.8 Million in 2015, and is expected to grow at a CAGR of 2.1% from 2016 to 2021. Increasing renewable power generation, long service life, and rising need for power factor correction are the major factors driving the synchronous condensers market.
#Smart #Water #Metering Market by Type (AMR and AMI), by Component (Meters & Accessories, Communication, and IT Solution), by Application (Water Utilities and Industries) and by Region - Global Trends & Forecast to 2021