The United States MV Inverters Market in Oil & Gas Industry Report 2023, provided by Astute Analytica, offers an extensive analysis of the market’s technical and financial data for both the present and foreseeable future. This report serves as a valuable addition to the market research archive, providing a thorough investigation and analysis of crucial aspects of the United States MV Inverters Market in the Oil & Gas Industry.
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US MV inverters market in oil & gas industry was valued at US$ 41,997.1 million in 2022 and is projected to surpass the market valuation of US$ 69,166.2 million by 2031 at a CAGR of 5.7% during the forecast period 2023–2031. It analyses the market’s regional trends, size, expansion prospects, and important factors in each region. Additionally, it acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. Both the direct and indirect effects of the pandemic on related industries are taken into account and discussed in the report.
The report gives a thorough analysis of the United States MV Inverters Market in Oil & Gas Industry, covering regional trends, market size, prospects for expansion, and important market factors in each region. In 2021, the United States Gross Domestic Product (GDP) value was US$ 23,315.08 billion, according to verified data from the World Bank. In terms of GDP, the United States accounts for 10.41% of the global economy. The mixed economy of the United States is very advanced. By nominal GDP, it has the largest economy in the world, and by purchasing power parity (PPP), it is second only to China in size.
The leading companies mentioned are
- ABB Ltd
- Eaton Corporation
- Fuji Electric Co. Ltd.
- Hitachi, Ltd.
- Hyosung Corporation
- Inovance Technology Europe GmbH
- Mitsubishi Electric Corporation
- Schneider Electric SE
- Siemens AG
- Toshiba Corporation
- Other Prominent Player
The report also acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. It considers both the direct impact of the pandemic and the indirect influence on related industries. The observations on the pandemic’s impact are included in the report.
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Furthermore, the report divides geographical regions into several major categories for production, consumption, revenue (in US dollars), and market share analysis. It discusses the predicted growth of the market in these regions between 2021 and 2031.
Highlights of this Report: | |
| Historic Year | 2018 – 2021 |
| Base Year | 2022 |
| Forecast Year | 2023 – 2031 |
| No of Pages | 139 |
| Total Figures | 60 |
| Total tables | 70 |
The segmentation overview of the United States MV Inverters Market in the Oil & Gas Industry includes
By Application
- Upstream Operations
- Gas Lift
- Gas Gathering
- Reinjection of Gas for Pressure Maintenance
- Electric Submersible
- Chemical Reinjection
- Others
- Midstream Operations
- Gas Processing Operations
- Transmission and Distribution System
- Reducing the Gas Volume for Shipments or for Storage
- Transportation and Storage of Petroleum & Petrochemical Products
- Others
- Downstream Operations
- Heat Trains
- Oil Transfer
- Treating Cooling Water in the Processes
- Others
By Substations
- Outdoor
- Indoor
By Pumps
- Centrifugal Pumps
- Reciprocating Pumps
- Positive Displacement Pumps
- Piston Pumps (Lift, Force Pump)
- Rotary pumps (Coil, Gear or Wing Pump)
- Diaphragm Pumps
- Others
By Compressors
- Positive Displacement Compressor
- Reciprocating Compressor (Diaphragm, Double and Single Acting)
- Rotary Compressor (Lobe, Screw, Liquid Ring, Scroll, Vane)
- Dynamic Compressor
- Centrifugal Compressor
- Axial Flow Compressor
- Others
By End Users
- Oil and Gas
- Mining and Aggregate
- Chemical and Petrochemical
- Hoisting Machinery
- Others
Overall, Astute Analytica’s report on the United States MV Inverters Market in Oil & Gas Industry appears to be a comprehensive resource for businesses seeking to understand the current state of the market and its future growth prospects.
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