23 September 2019
Transmission Sales Market Report 2019-2029: Forecasts by Compression Media (Air Compression, Gas Compression), Type (Reciprocating, Rotary, Centrifugal, Axial Flow), Application (Artificial Lift, Gas Processing Station, LNG & FPS, Storage & Facilities), End Users (Oil and Gas, Power Generation, Water and Wastewater, Others), by Region and Analysis of Leading Companies indicates that the Global Transmission Sales Market was valued at $20 billion by 2029.
The oil and gas industry has developed into a highly profitable industry. The complexity of activities across the oil industry has resulted to customized, state-of - the-art techniques being developed. Oilrigs safety concerns have led operators to induce state-of - the-art techniques. This factor has resulted in enhanced demand on the worldwide transmission sales sector. Oil mines displacement dynamics play an significant role in deciding which technology needs to be deployed immediately. Consequently, the multifaceted usefulness of transmission sales equipment across oilfields also helped the development of the industry.
Transmission sales equipment is a key element of the oilfield-wide safety and control system. The need to avert the incidence of oil spills in the worldwide transmission sales industry has produced tremendous demand. In addition, the oil and gas industry's pollution has also produced worldwide outrage. This has forced oilfield operators to induce sales machinery for transmission. It is anticipated that the complete quantity of profits in this market will rise as the oil industry becomes an investment brewing avenue.
Power generation plants involve gas turbine power plant compressors, ash conveyor and fly ash handling to ensure maximum effectiveness and operational reliability. The need for extra power generation is triggered by rising power demand. This has led in the comprehensive use of gas turbine power plants, combined with the need to substitute and modernize current power plants. Compressors are used in the electricity generation industry to keep pipeline pressure. In addition, retrofit and upgrade initiatives in Europe and North America are likely to increase the transmission sales market segment of power plants.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to firstname.lastname@example.org or call her on +44 (0) 207 336 6100.
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
The global Waste Heat Recovery market was valued at US$77.1 billion in 2023 and is projected to grow at a CAGR of 9.2% during the forecast period 2024-2034.
23 February 2024
The global Next Generation Energy Storage Technologies (EST) market was valued at US$20.3 billion in 2023 and is projected to grow at a CAGR of 9.7% during the forecast period 2024-2034.
16 February 2024
The global Green Hydrogen market was valued at US$2.3 billion in 2023 and is projected to grow at a CAGR of 46.5% during the forecast period 2024-2034.
14 February 2024
The global Thermal Enhanced Oil Recovery (EOR) market is expected to surpass US$30 billion in 2023. The market is projected to reach a market value of US$43.6 billion by 2034.