“Global Transmission Sales Market was valued at $20 billion by 2029”, says Visiongain

23 September 2019
Energy

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 sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

About Visiongain
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.

Recent News

The Battery Energy Storage Systems Market is Booming

Storing alternative forms of energy is certainly not a new idea. However, for those invested in the battery energy storage sector, there’s going to be big growth in the coming years. Due to the increasing adoption of electric vehicles and favorable government initiatives, such as tax rebates and subsidies, the demand for Lithium-ion batteries is only going to increase. As …

09 October 2019

Read

“Global circuit breaker and fuse market is anticipated to reach more than USD 13 billion by 2030 at a CAGR of 6.0%”, says Visiongain

Increasing the need to upgrade to efficient networks along with renewable energy connectivity and increasing demand for advanced equipment in the electronics, automotive and telecommunications segments are key factors contributing to the growth of the Circuit Breaker & Fuse market.

03 October 2019

Read

“Natural Gas Hydraulic Fracturing market worth $27.9 billion in 2019” says Visiongain report

The global natural gas hydraulic fracturing market is majorly driven by increasing demand for oil and gas, and various benefits offered by this technique.

03 October 2019

Read

“Xenon Flash Lamp Market spending will reach $32.1 million in 2020”, says Visiongain

Mercury-xenon bulbs in the UV region are intended to supply elevated radiant energy. These bulbs are covered with an optimal mercury and xenon gas mix that offers both xenon lamps and super-high-pressure mercury bulbs the finest features.

30 September 2019

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever