The Global Seismic Survey Equipment Market is poised to experience strong growth during the forecast period of 2024-2028, according to the TechSci Research report titled “Seismic Survey Equipment Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028.”
Mining Technology & Minerals Market Research News
Casa Minerals Inc. Provides Update on the 2023 Congress Gold Mine Exploration and Drilling Program
The market's growth in historical years was fueled by technologically advanced machinery and equipment, and this trend is expected to continue in the next five years.
United States' Digital Oilfield Market: Opportunities, size and growth projections in upcoming years
The United States digital oilfield market is segmented based on processes, solutions, application, technology, service, end-use, country, and company.
The demand for the drilling process, which has high efficiency and productivity, is rising due to its low installation costs and faster installation, supported by high oil prices, further driving the demand for the global directional drilling market.
The widespread use of oil shale across multiple industries is fueling the growth of the United States oil shale market. Nonetheless, the high cost of mining equipment and large initial investment may impede the market's progress during the forecast period.
This growth is driven by the increasing demand for oil and gas due to robust economic activities and the growth of various industries such as automotive, construction, and manufacturing worldwide.
The demand for oil & gas is also on the rise, which is propelling the growth of the global mud bucket for oil & gas market in the next five years.
Extended Reach Drilling Market 2027: Future growth and opportunities edited by leading research firm
This growth is attributed to the increasing demand for oil and the utilization of advanced technologies such as rotary steerable systems and friction reduction tools to hasten the drilling process.
As per the TechSci Research report titled "Rotary Drilling Rig Market - Global Industry Size, Share, Trends, Opportunity, and Forecast. 2018–2028F," the global Rotary Drilling Rig market is expected to experience robust growth during the projection period of 2024-2028.
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