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Automation Solutions Market in the Oil and Gas Industry to grow by USD 1.73 Billion during 2021-2025


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NEW YORK, March 4, 2021 /PRNewswire/ The global automation solutions market in the oil and gas industry is expected to grow by USD 1.73 billion during 2021-2025, as per Technavio. This marks a significant market slow down compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of over 3%.
Automation Solutions Market in the Oil and Gas Industry by Product and Geography - Forecast and Analysis 2021-2025 ....

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$11.56 Million Growth in Global Circuit Tracer Market During 2021-2025 | Featuring Key Vendors Including Emerson Electric Co., ETCON Corp., and FLIR Systems Inc.


Circuit Tracer Market- Forecast and Analysis 2021-2025
Circuit Tracer Market: Key Findings
Circuit tracer market value to grow by USD 11.56 million at almost 2% CAGR during 2021-2025
31% of market growth to originate from
APAC during the forecast period
Based on the end-user, the
service providers segment will offer maximum opportunities for vendors during the forecast period
Circuit tracer market is expected to have a
negative impact due to the spread of COVID-19
Circuit Tracer Market: Growth Drivers
Timely identification of faults with circuit tracers is one of the prime factors driving the growth of the market. Circuit tracers ensure a safe, quick, and dependable way to identify faults in an electrical circuit. Other benefits include ease in tracing wires, identifying insulation leakage, and identifying dead circuits. For example, in old buildings, identifying dead circuits is not easy. However, with the help of circuit tracers, the ....

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