Description

The market for prime movers in the oil and gas industry in North America presents exciting opportunities for the key players involved. Moreover, the market is entering into a steady growth phase, which is expected to continue over the forecast period. The principal driver for the market is the higher oil prices, which have remained between $60-70 per barrel. With economists and end-users forecasting that oil prices will remain strong, even in a worst case scenario, investment is expected to continue. The present research service analyzed these trends along with the revenues, unit shipment and output forecasts. Supported by identifying the drivers and restraints, as well as challenges, facing by these markets.