Group items tagged

An extensive gas turbine market research on the global gas turbine market size and gas turbine market size in over 50 different countries hints at a rapid development of the product groups and markets. Segmentation of the market into different kinds of products offers a perspective on the current scenario of gas turbine market growth. Forecasts and future gas turbine market outlook opens up new business development avenues in potential countries and markets. Key product segments include gas turbines and parts of gas turbines.

The natural gas sector in Kuwait will benefit from the strong financial deals in the gas sector of the country. Information relating to natural gas assets in Kuwait, historic and forecast data on production and consumption and the latest news on the sector provides vital clues on how the market will progress in the coming years. Companies operating in the natural gas sector can benefit by planning strategies based on the latest operational, financial, and regulatory events in the industry.

Rising competition, retention or recruitment of skilled staff, market uncertainty, and responding to pricing pressure were the leading business concerns for the global oil and gas industry in 2013. Middle East, Brazil, India, China and Indonesia were forecasted to be the important emerging markets to offer growth in 2013. Capital expenditure towards facility expansion, machinery and equipment purchase and new product development was estimated to increase in 2013. The top three priorities for global oil and gas industry upstream oil and gas companies in 2013 were to expand in current market, improve operational efficiency and focus on sustainability.

According to gas and oil industry analysis, the present economic conditions in Africa and East Europe are deemed to be unfavorable. New government proposals in addition to legislation and the state of the global economy are the key concerns among global oil and gas industry executives. Optimism towards industry and company growth has reduced due to factors such as continuation of the Euro-zone crisis, rising exploration costs, new competition, and lack of political stability or social unrest in areas of operation.

The global propylene industry is witnessing a change in the feedstock scenario in various parts of the world. In North America, propylene supply from steam crackers is expected to decrease in coming years as abundant and inexpensive natural gas liquids (NGLs) feedstock form shale gas is slowly replacing heavy feedstock in steam crackers.

The increased availability of wireless sensor networking technology in SCADA-based industrial control systems is one of the major emerging trends in the global process automation market. With this technology, the deployment of sensors in SCADA-based industrial control systems becomes easier as it provides wireless networking access.

The global commercial helicopter sector is expected to experience a growth of 3.08% growth during 2013 to 2023. The commercial helicopter market grows on the back of several sectors worldwide including offshore oil and gas exploration and production, HEMS, VIP transport, law enforcement and public safety etc. Emerging markets of Asia Pacific, Latin America and Middle East are expected to provide the necessary boost to the industry during 2013 to 2023.