Energy & Power

Sensors for Sustainability: Navigating Environmental Challenges in Oil & Gas According to Stratview Research, the Oil & Gas Sensors Market is expected to grow from USD 7.08 Billion in 2022 to USD 9.45 Billion by 2028 at a healthy CAGR of 4.93% during the forecast period of 2023-2028. Sensors have wide applications in oil & gas processing and production.

Drilling and Completion Fluids Market is likely to witness an impressive CAGR of 6.0% during the forecast period. The growth of the drilling & completion fluids market is majorly driven by the surge in drilling activities and increase in drilling and exploration of shale gas. The demand for the drilling and completion fluids market snowballs with the rise in drilling and exploration activities.

Carbon Capture and Storage Market is likely to witness an impressive CAGR of 6.5% during the forecast period. Rising industrialization along with growing concern towards increasing emission is likely to boost the growth of carbon capture and storage market.