Hectic Exploration Activities Make A Case For Electrical Equipment In The Oil And Gas Industry, Finds Frost & Sullivan
"In due course, the market will expand when the held up capital is released and the tendered projects recommence," noted Satheesh. "The price hikes in petroleum products will be an added incentive to increase production from existing oil wells and develop the newly discovered reserves, which, in turn, will boost the prospects of the electrical equipment and solutions market."
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Electrical Equipment and Solution for Oil and Gas Markets in the Asia-Pacific is part of the Energy & Power Growth Partnership Services program, which also includes research on the North American electrical equipment for oil and gas market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
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