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The global diving suit market size was valued at USD 498.2 million in 2018, with an estimated 1.3 million units sold in the same year. Growing number of people engaging in recreational activities globally is expected to drive demand for diving suits over the forecast period. These suits are gaining immense popularity owing to their diversified applications in sea rescue and other commercial operations.The market has been witnessing continuous product developments and innovations in material technology over the last few years. Manufacturers are investing in R&D in order to enhance the overall consumer experience. Read More »
The global digital oilfield market size was valued at USD 29.11 billion in 2018 and is anticipated to record a 4.7% CAGR from 2019 to 2025. Rising oil and gas exploration and production activities and growing focus on operational efficiency resulting in reduced OPEX will drive market demand. The integration of smart technology and digitalization has raised concerns over protection of sensitive data and reduction of potential cyber threats. Increasing share of unconventional oil and gas reserves, coupled with declining production for existing wells, is driving demand for digitization in oilfields. Read More »
The global digital oilfield market size is expected to reach USD 40.21 billion by 2025, expanding at a CAGR of 4.7%, according to a new report by Grand View Research, Inc. Expected gr... Read More »
The global diving suit market size is expected to reach USD 721.0 million by 2025, expanding at a CAGR of 6.2% over the forecast period, according to a new report by Grand View Research, Inc. Rising number of individuals participa... Read More »