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Challenges and Future Prospects for the Submersible Pumps Market Market Overview The submersible pumps market is expected to grow from USD 15.23 billion in 2022 to USD 24.80 billion by 2030, at a CAGR of 7.22% during the forecast period. A submersible pump has a sealed motor tightly connected to the pump body. The entire pump is submerged in the water. The fact that this pump is fully submerged in the water usually eliminates the need for fuelling. This top-n..
Global Oilfield Equipment Market Trends and Forecasts 2023-2032 The global oilfield equipment market was valued at USD 85.5 billion in 2022 and is expected to reach USD 116.5 billion by 2032, growing at a CAGR of 3.50% during the forecast period. Besides, these services ensure timely delivery on-site, saving a lot of time spent during purchase and delivery, allowing operators to start the production immediately and profitability. Convenience is a major facto..
Global Oil Country Tubular Goods Market Size, Share, Trends, and Analysis, 2023-2032 Market Research Future Insights: The OCTG market is expected to grow at a compound annual growth rate (CAGR) of 5.95% during the forecast period of 2023-2032, reaching a value of USD 29.61 billion by 2032. During the review period, the market for oilfield services is anticipated to expand significantly. The expansion of the oil and gas sector and the quickly expanding shale gas exploration are m..

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