Impact of Technological Advancements on the Static and Rotating...

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2024-12-19 20:48:12 -

Impact of Technological Advancements on the Static and Rotating Equipment Market in Oil and Gas

The global static and rotating equipment (oil and gas) market, valued at US$ 19.3 billion in 2020, is projected to experience significant growth over the next decade. The market is estimated to expand at a CAGR of 4.8% from 2021 to 2031, with expectations of reaching US$ 35.6 billion by the end of 2031. This growth is driven by the increasing demand for energy, advancements in technology, and...

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