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A gas insulated switchgear (GIS), typically housed in a high voltage substation, is a critical component in the substations of the transmission network of utilities or in energy-intensive industrial units. In general, GIS structures are contained in a metal-sealed environment with sulfur hexafluoride gas (SF6) as the insulating medium. A GIS’s basi...

Leasing companies are expected to capitalise on the demand for fleets amongst SMEs to drive operational leasing registrations in Finland. Finland is open to adopting alternate mobility solutions such as carsharing, ride hailing, and subscription services. Mobile-based mobility management is at the centre of attention in Finland, with companies such...

The South African leasing market is constantly evolving as leasing companies and OEMs continue to develop products to meet the ever-changing needs of their customers. Significant growth within the operational leasing market in South Africa is expected as consumers become increasingly aware of the benefits of leasing. The market will be marked by in...

Digital Pathology encompasses the use of optmized pathology workstations, whole slide imaging, image analysis, image management, laboratory information management system, use of machine learning, data handling and storage. Pathology is one of the most important fields in medicine, as the service provides investigation and validation platform in lie...

3D Integrated Circuit technology enables the development of high performing microchips with small form factor and low-power consumption capability. With the growing demand for miniaturization in industries like consumer electronics and information and communication technology, 3D ICs are actively being considered as the ideal solution. The key requ...

Economies across the Americas are undergoing intense disruption. Digital transformation, competitive complexities, and changing customer demands are fostering new business models and strategic responses. This offers visionary CEOs the prospect of reshaping the business landscape and accelerating unique growth and innovation opportunities. Frost & S...

Wound assessment and monitoring systems are devices or digital aids that enable the measurement, imaging, and documentation of wounds by providing 3D assessment of a wound with EMR software integration. With inadequate wound care resulting in various debilitating healthcare-associated infections and adding to the cost burden of patients, modern dig...

PXI-based instrumentation is the fastest-growing segment in the automated electronic test market. The PXI market is valued at $834.9 million as of 2018 and expected to reach $1,883.9 million in 2025, recording a compound annual growth rate (CAGR) of 12.3%. With rapid advances in technology, T&M vendors are facing growing customer skepticism on the ...

04 Apr 2018  |  North America  |  Market Research

Global Pumps Market in the Oil and Gas Industry, Forecast to 2024

Oil Price Recovery will Drive the Market in the Short Term and Digital Transformation will Disrupt the Market in the Long Term

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Key Issues Addressed

The oil price crash had sparked economic turmoil and shaken the entire oil and gas industry value chain. Pump manufacturers were severely impacted during the price rout. As the oil price is expected to range between $60 and $70 for the year, there is increased optimism in the market. This is expected to drive a large amount of activities, especiall...