For the smooth conduction of the US economy, oil and gas has been playing leading roles in its energy sector for decades. Oil and gas supplied about two-thirds of the energy used by Americans in 2016, according to the US Energy Information Administration (EIA), natural gas and oil will account for nearly 70% of the…
The global oil drilling industry continues to experience a growing demand, as the world’s fuel consumption continues to rise. In order to achieve better operational efficiency, automation has become increasingly prominent in the oil and gas drilling industry. The widely implementation of automated drilling technologies is set to transform the performances of various of segments…
Regarded as one of the most viable options to meet the energy demands of a mushrooming population, the global biorefinery market is all set to record a double-digit CAGR over the next five years. The fact that governments from emerging economies too are encouraging investments in biorefinery plants, further explains the growth and amount of…
Experts at Technavio expect the global gas meter market to grow up to $6.45 billion by 2020.
The fourth industrial revolution is an exciting time, especially for the global energy sector. In 2017, we witnessed that the global energy landscape has outgrown the traditional centers of demand and has turned its focus to emerging economies. Additionally, here is a brief analysis of how this industry performed in the past year. Economize and innovate–…
As a leading market research company, Technavio is regularly cited in the media. Our research analysts are frequently quoted in a wide variety of business publications and trade journals as well. Here are some press highlights from January 2017, with short excerpts included in each article. Technavio in the News Daily Mail: Sex toys ‘safer to use’…
