The Global AC Electric Motor Sales in Oil and Gas Market is expected to grow by $ 3106.16 mn during 2020-2024 progressing at a CAGR of 5% during the forecast period
NEW YORK, May 11, 2020 /PRNewswire/ --
Global AC electric motor sales in oil and gas market 2020-2024
The analyst has been monitoring the AC electric motor sales in oil and gas market and it is poised to grow by $ 3106.16 mn during 2020-2024 progressing at a CAGR of 5% during the forecast period. Our reports on AC electric motor sales in oil and gas market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
Read the full report: https://www.reportlinker.com/p05892922/?utm_source=PRN
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in oil and gas demand and growing investments in refineries. In addition, increase in oil and gas demand is anticipated to boost the growth of the market as well.
The AC electric motor sales in oil and gas market analysis includes type segment and geographic landscapes
The AC electric motor sales in oil and gas market is segmented as below:
By Type
• Induction motor
• Synchronous motor
By Geographic Landscapes
• APAC
• MEA
• North America
• Europe
• South America
This study identifies the rising number of E&P activities as one of the prime reasons driving the AC electric motor sales in oil and gas market growth during the next few years.
"The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our AC electric motor sales in oil and gas market covers the following areas:
• AC electric motor sales in oil and gas market sizing
• AC electric motor sales in oil and gas market forecast
• AC electric motor sales in oil and gas market industry analysis"
Read the full report: https://www.reportlinker.com/p05892922/?utm_source=PRN
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001
SOURCE Reportlinker
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article