The non-automotive engine and turbine sector encapsulates a diverse range of machinery, excluding those specifically designed for aircraft, vehicles, and cycles. This broad category entails industrial turbines, marine engines, and generators, among other machinery. These engines and turbines play a pivotal role in numerous sectors including oil and gas, power...
Discover more insightsThe machinery market in Americas, encompassing both North and South continents, has exhibited robust growth in recent years. This is largely due to accelerated industrialization, strategic innovations, and infrastructure development across various sectors. Many industries, including agriculture, construction, and manufacturing have seen an increased demand for advanced and efficient machinery,...
Discover more insightsThe oilfield roller chain market is marked by intense competition with several key players, each striving to gain a competitive edge. Among these competitors, both international and regional players manifest their presence. The competition is driven by an unexpected alignment of product development, technological advancement and rigorous pursuit of operational...
Discover more insightsThe oil and gas sector is witnessing an unprecedented pace of change. Advances in technology, combined with a drive for greater sustainability, have created a fertile environment for transformative innovations. High-tech solutions such as artificial intelligence, blockchain, and Internet of Things are being embraced by industry leaders to enhance efficiencies...
Discover more insightsGlobal geopolitical instability, environmental concerns, and market volatility are exerting significant effects on the wholesale market of oil industry machinery. Concurrently, the worldwide economic downturn partly associated with the COVID-19 pandemic has prompted substantial cutbacks in oil industry investments. These events influence both supply and demand sides of the oil...
Discover more insightsThe gas equipment industry is presently going through a transformative phase, driven by the rise in the exploration and production activities of unconventional resources such as shale gas. There is also increasing demand for portable gas equipment, given the growing industrialization and urbanization in developing countries. In addition, technological advancements...
Discover more insightsFlow computers have become an indispensable tool in the oil and gas industry. Essentially, they gather, process and record data related to various operations such as production, transportation and refining. These devices play a particularly critical role in accounting for the movement of hydrocarbon products, a complex task due to...
Discover more insightsThe Internet of Things (IoT) has gradually been making its way into different sectors, and the oil and gas industry is no exception. The adoption of Industrial Internet of Things (IIoT) sensors in this sector is a nod towards revolutionary transformation as these devices allow real-time, remote tracking of variables...
Discover more insightsA plethora of dynamics are shaping the two-wheeler sector today. The rise in urbanization is a prime driver, making two-wheelers an ideal mode of transportation due to their cost-effectiveness and convenience. Technological advancements too, are playing a pivotal role, with the advent of electric and autonomous mobility solutions. The industry...
Discover more insightsSwift technological transformations in the use of machinery for exploring and mining natural resources - particularly minerals, oil, and gas - have been observed in recent years. Artificial intelligence (AI) and automation, owing to their capacity for boosting efficiency, reducing downtime and enhancing worker safety, are driving some of these...
Discover more insightsThe contemporary motors industry is gravitating towards efficiency enhancement, as witnessed in the scaling adoption of both high and low voltage motor technologies. With the increasing digitization and industrial processes automation, the industry has displayed a marked preference for high voltage motors due to their superior performance metrics. These motors...
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