Future-Industry

  Market overview: The  Residential Boiler Market  was worth USD 8.57 billion in 2020 and is expected to be worth USD 13.74 billion by 2028, growing at a CAGR of 6.16 per cent between 2021 and 2028. As more commercial and residential buildings use heat pumps to generate heat and coolness, there is a greater demand for energy-efficient boilers. Because heat pumps are known to be more energy efficient than older systems like furnaces and radiators, advancements in heat pump technology are a driving force in the market. This is expected to lead to an increase in the number of buildings switching to heat pumps. The government's emphasis on energy efficiency is another factor that is expected to contribute to the rising demand for energy-efficient boilers. Furthermore, ongoing investments in the green building industry will boost the market growth. Furthermore, rising efforts to reduce GHG emissions and the increasing adoption of stringent regulatory measures are some of the s...

     Market Highlights Digital oilfields encompass variety of tools, tasks and disciplines altogether. Advanced software and data analysis procedures used to improve the profitability of oil and gas operations. The main aim of digital oilfield is to minimize the non-productive time, maximize the oilfield recovery and increase the profitability. The digital oilfield includes production optimization, operational efficiency, decision support, collaboration, data integration, the melding of operation with information technology and Internet of things. It comprises a combination of network sensors, cloud computing, advanced big data analytics, and artificial intelligence. Based on process, this segment includes Reservoir, Production, and Drilling Optimization. Among them production is estimated to have faster growth and largest market share in the forecast period because the growing demand of oil and gas. Based on solution, this segment includes Hardware, Software and Data Sto...

    Market Highlights Digital oilfields encompass variety of tools, tasks and disciplines altogether. Advanced software and data analysis procedures used to improve the profitability of oil and gas operations. The main aim of digital oilfield is to minimize the non-productive time, maximize the oilfield recovery and increase the profitability. The digital oilfield includes production optimization, operational efficiency, decision support, collaboration, data integration, the melding of operation with information technology and Internet of things. It comprises a combination of network sensors, cloud computing, advanced big data analytics, and artificial intelligence. Based on process, this segment includes Reservoir, Production, and Drilling Optimization. Among them production is estimated to have faster growth and largest market share in the forecast period because the growing demand of oil and gas. Based on solution, this segment includes Hardware, Software and Data Storage. ...

   Market Highlights Digital oilfields encompass variety of tools, tasks and disciplines altogether. Advanced software and data analysis procedures used to improve the profitability of oil and gas operations. The main aim of digital oilfield is to minimize the non-productive time, maximize the oilfield recovery and increase the profitability. The digital oilfield includes production optimization, operational efficiency, decision support, collaboration, data integration, the melding of operation with information technology and Internet of things. It comprises a combination of network sensors, cloud computing, advanced big data analytics, and artificial intelligence. Based on process, this segment includes Reservoir, Production, and Drilling Optimization. Among them production is estimated to have faster growth and largest market share in the forecast period because the growing demand of oil and gas. Based on solution, this segment includes Hardware, Software and Data Storage. A...

  Market Highlights Digital oilfields encompass variety of tools, tasks and disciplines altogether. Advanced software and data analysis procedures used to improve the profitability of oil and gas operations. The main aim of digital oilfield is to minimize the non-productive time, maximize the oilfield recovery and increase the profitability. The digital oilfield includes production optimization, operational efficiency, decision support, collaboration, data integration, the melding of operation with information technology and Internet of things. It comprises a combination of network sensors, cloud computing, advanced big data analytics, and artificial intelligence. Based on process, this segment includes Reservoir, Production, and Drilling Optimization. Among them production is estimated to have faster growth and largest market share in the forecast period because the growing demand of oil and gas. Based on solution, this segment includes Hardware, Software and Data Storage. Among t...