Precision Meets Innovation: Beatbot Welcomes Matthieu Pavon as New Ambassador of AquaSense 2 Series
"Precision, data, cutting-edge technology, what high-level sport demands, Beatbot delivers. Proud to join the Beatbot team and share this pursuit of excellence on the course and beyond," said Matthieu Pavon.
"We're excited to work with Matthieu Pavon, whose discipline and attention to detail align perfectly with our brand," said York Guo, CMO at Beatbot. "His pursuit of excellence mirrors our approach to creating high-performance pool cleaning solutions."
Just as Pavon demands perfection in every swing, Beatbot engineers its robotic cleaners to deliver unmatched cleaning accuracy and efficiency. This partnership highlights the shared values of precision, innovation, and a drive to achieve the best possible results.
About Beatbot
Beatbot is the fastest-growing robotic pool cleaning brand globally, revolutionizing swimming pool care through cutting-edge automation. Founded by industry experts with decades of experience in robotics, Beatbot combines sleek, durable design with unmatched engineering, earning global acclaim, including the prestigious iF Design Award and Red Dot Award for its premium aesthetics and user-centric innovation.
With offices worldwide and a powerhouse R&D Team (70% of its workforce), Beatbot pioneers core technologies like brushless water pumps, AUV spatial locomotion, sonar laser SLAM, and AI-powered mapping algorithms. The company holds 221+ patents (128 for inventions), cementing its leadership in redefining pool maintenance.
From award-winning product design to hassle-free smart solutions, Beatbot is committed to transforming how the world cleans its pools—elevating performance, sustainability, and luxury.
Learn more: www.beatbot.com
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Yahoo
26 minutes ago
- Yahoo
Managed Services Market to Reach USD 990,611.47 Million by 2032, Growing at a CAGR of 14.5%: Credence Research
PUNE, India, July 21, 2025 /PRNewswire/ -- The Managed Services Market is poised for substantial growth, with its value projected to increase from USD 335,320 million in 2024 to USD 990,611.47 million by 2032, registering a CAGR of 14.5%. This robust expansion is driven by the growing need for businesses to optimize IT operations, reduce operational costs, and enhance cybersecurity resilience. As digital transformation accelerates across industries, organizations are increasingly outsourcing IT infrastructure, cloud management, network monitoring, and security services to managed service providers (MSPs) to focus on core business functions while ensuring scalability and operational efficiency. The surge in remote work models, cloud adoption, and complex IT environments further amplifies demand for managed services that offer 24/7 monitoring, compliance management, and disaster recovery solutions. Enterprises are also leveraging MSPs to bridge the IT skills gap and gain access to cutting-edge technologies like AI, automation, and analytics. The market outlook remains favorable, with rising investments in managed security services, data center outsourcing, and hybrid cloud management expected to create new growth opportunities through 2032. Browse the report and understand how it can benefit your business strategy - Key Growth Determinants – Managed Services Market The global managed services market is witnessing robust expansion, projected to reach substantial figures in the coming years. This growth is primarily fueled by the evolving technological landscape, increasing operational complexities, and a strategic shift in business priorities. Increasing Complexity of IT Infrastructure and Operations: As businesses adopt advanced technologies like cloud computing (multi-cloud and hybrid cloud environments), Artificial Intelligence (AI), Machine Learning (ML), and the Internet of Things (IoT), their IT environments become increasingly complex. Managing these intricate systems, ensuring seamless integration, and maintaining optimal performance requires specialized expertise that many organizations lack in-house. Managed Service Providers (MSPs) offer this specialized knowledge, making them indispensable for effective IT infrastructure management. Growing Demand for Cost Optimization and Operational Efficiency: Organizations are constantly under pressure to reduce operational expenditures while maintaining high service quality and scalability. Outsourcing IT operations to MSPs allows businesses to convert capital expenditures (CapEx) into predictable operational expenditures (OpEx), leading to significant cost savings. MSPs help streamline processes, reduce downtime, and improve overall operational efficiency, enabling businesses to allocate their internal resources more strategically. Heightened Cybersecurity Threats and Regulatory Pressures: The escalating sophistication and frequency of cyber threats (e.g., phishing, ransomware, data breaches) necessitate robust and proactive cybersecurity measures. Simultaneously, stringent data privacy regulations (e.g., GDPR, HIPAA) impose significant compliance burdens on businesses. Managed Security Services (MSSs) offered by MSPs provide end-to-end protection, including threat intelligence, incident response, firewall management, and compliance adherence, mitigating risks and ensuring data security. Shortage of Skilled IT Professionals: There is a persistent global shortage of skilled IT professionals, particularly in specialized areas like cybersecurity, cloud management, and AI. This talent gap makes it challenging for organizations to build and maintain in-house teams capable of managing modern IT infrastructures. MSPs bridge this gap by providing access to a pool of certified experts, allowing businesses to leverage high-level technical skills without the overhead of hiring and training. Focus on Core Business Functions: By offloading non-core IT operations to MSPs, businesses can redirect their internal teams and resources to focus on strategic initiatives, innovation, and core business objectives. This allows companies to enhance their competitive advantage and drive growth in their primary domains. Key Growth Barriers – Managed Services Market 1. Cybersecurity and Evolving Threats: The constant evolution of cyber threats (ransomware, phishing, DDoS, APTs) poses a significant challenge. MSPs must continuously update their security measures and knowledge to protect client data and systems, which can be resource-intensive. MSPs are high-value targets for cybercriminals as a breach of an MSP can grant access to multiple client networks. This puts immense pressure on MSPs regarding liability and reputational damage in case of a breach. Some MSPs may offer inadequate security services or operate with fragmented security tools and siloed data, leading to vulnerabilities and inefficiencies. 2. Talent Shortages and Skill Gaps: There's a persistent shortage of skilled IT professionals, especially in specialized areas like cybersecurity and AI. This makes it difficult for MSPs to attract, hire, and retain top talent, impacting their ability to handle complex IT infrastructures and scale operations. Many MSPs experience employee churn, losing skilled technicians to in-house IT departments of end-user organizations. 3. Maintaining Profit Margins and Pricing Pressures: The MSP market is increasingly saturated, with many providers offering similar services. This intensifies competition and leads to price pressure, making it challenging for MSPs to maintain profitability while offering competitive pricing. In the quest to win contracts, some MSPs may undervalue their services or construct pricing models that don't drive maximum profit, making it difficult to raise prices later. Unexpected costs like cyber insurance premiums, compliance requirements, and the need for additional services or hardware upgrades can impact margins. 4. Scalability and Resource Management: Smaller MSPs, in particular, struggle to expand services without overwhelming resources or compromising service quality. Rapid client growth can strain MSP resources. Managing a variety of solutions across different clients increases complexity. Integrating new IT services with existing legacy systems can lead to compatibility issues, disruptions, and additional expenses. Failure to effectively forecast demand and allocate resources can lead to being swamped, delayed responses, and a decline in service quality. 5. Regulatory Compliance and Data Sovereignty: Compliance with various data privacy regulations (GDPR, CCPA, HIPAA) is non-negotiable and constantly evolving. MSPs face a continuous challenge to ensure client compliance, which can be resource-intensive and incur hefty fines for non-compliance. Mandates requiring localized data processing can force providers to duplicate infrastructure in each jurisdiction, reducing economies of scale and complicating global service delivery. Key Market Opportunities – Managed Services (IBC) Market 1. Cybersecurity and Evolving Threats: The constant evolution of cyber threats (ransomware, phishing, DDoS, APTs) poses a significant challenge. MSPs must continuously update their security measures and knowledge to protect client data and systems, which can be resource-intensive. MSPs are high-value targets for cybercriminals as a breach of an MSP can grant access to multiple client networks. This puts immense pressure on MSPs regarding liability and reputational damage in case of a breach. Some MSPs may offer inadequate security services or operate with fragmented security tools and siloed data, leading to vulnerabilities and inefficiencies. 2. Talent Shortages and Skill Gaps: There's a persistent shortage of skilled IT professionals, especially in specialized areas like cybersecurity and AI. This makes it difficult for MSPs to attract, hire, and retain top talent, impacting their ability to handle complex IT infrastructures and scale operations. Many MSPs experience employee churn, losing skilled technicians to in-house IT departments of end-user organizations. 3. Maintaining Profit Margins and Pricing Pressures: The MSP market is increasingly saturated, with many providers offering similar services. This intensifies competition and leads to price pressure, making it challenging for MSPs to maintain profitability while offering competitive pricing. In the quest to win contracts, some MSPs may undervalue their services or construct pricing models that don't drive maximum profit, making it difficult to raise prices later. Unexpected costs like cyber insurance premiums, compliance requirements, and the need for additional services or hardware upgrades can impact margins. 4. Scalability and Resource Management: Smaller MSPs, in particular, struggle to expand services without overwhelming resources or compromising service quality. Rapid client growth can strain MSP resources. Managing a variety of solutions across different clients increases complexity. Integrating new IT services with existing legacy systems can lead to compatibility issues, disruptions, and additional expenses. Failure to effectively forecast demand and allocate resources can lead to being swamped, delayed responses, and a decline in service quality. Segmentation By Service Type Managed Network Services Managed Security Services Managed Data Center Services Managed Infrastructure Services Managed Mobility Services Managed Communication and Collaboration Services Managed IT Support Services Managed Cloud Services Managed Application Services Managed Backup and Disaster Recovery Services By Deployment Model On-Premise Cloud-Based By Organization Size Small and Medium-Sized Enterprises (SMEs) Large Enterprises By End-User Industry BFSI (Banking, Financial Services, and Insurance) IT and Telecom Healthcare Manufacturing Retail and E-commerce Government and Public Sector Energy and Utilities Education Media and Entertainment Transportation and Logistics By Region North America Europe Asia Pacific Latin America Middle East & Africa Preview the report with a detailed sample and understand how it can benefit your business strategy. Request a free sample today - Regional Analysis – Managed Services Market 1. North America Market Dominance: North America currently holds the largest share of the global managed services market in terms of revenue. This dominance is attributed to the early adoption of cloud computing, robust IT infrastructure, and high IT spending by enterprises. Key Drivers: Trends: A shift towards more specialized and outcome-based services, with a focus on delivering measurable business results. 2. Asia Pacific (APAC) Fastest Growing Market: APAC is projected to be the fastest-growing region in the managed services market, exhibiting a high Compound Annual Growth Rate (CAGR). Key Drivers: Trends: Significant opportunities in managed data center and IT infrastructure services, as well as managed security services. India and China are key growth markets within the region. 3. Europe Significant Market Share: Europe holds a substantial share of the global managed services market. Key Drivers: Trends: Managed security is a highly lucrative and fast-growing segment. Countries like Germany, the UK, and France are expected to show strong growth. There's also a growing interest in nearshore services for cost efficiency and collaboration. 4. Middle East & Africa (MEA) Considerable Growth Rate: The MEA region is estimated to grow at a considerable rate in the managed services market. Key Drivers: Trends: Managed data center and hosting services hold a significant share, while managed security services are experiencing rapid growth due to heightened attack frequencies. 5. Latin America High Growth Potential: Latin America is also expected to exhibit a strong CAGR in the managed services market. Key Drivers: Trends: Managed security services are a fast-growing segment, and Brazil is expected to be a key growth country within the region. Credence Research's Competitive Landscape Analysis – Managed Services Market Credence Research's Competitive Landscape Analysis of the Managed Services Market highlights the dominance of global IT and cloud leaders such as IBM, Microsoft, Cisco, and Google Cloud, who command significant market share due to their extensive service portfolios, technological expertise, and global delivery capabilities. These players offer a comprehensive range of managed services including infrastructure management, cloud migration, cybersecurity, and application support. Strategic partnerships, AI integration, and end-to-end digital transformation services further strengthen their competitive positions in both mature and emerging markets. Alongside global leaders, the market features strong competition from specialized and regional players like Secureworks, Lumen Technologies, and MetTel, who focus on niche segments such as cybersecurity, network services, and industry-specific solutions. These firms differentiate through deep customer engagement, localized service delivery, and tailored offerings that meet regulatory and operational requirements. According to Credence Research, competition in the managed services market is shaped by the ability to deliver scalable, secure, and cost-effective solutions while adapting quickly to evolving technology demands and client expectations. Tailor the report to align with your specific business needs and gain targeted insights. Request Key Player Analysis Accenture ARYAKA NETWORKS, INC. AT&T Inc. Atera Networks Ltd. BMC Software, Inc. Broadcom Cisco Systems, Inc. DXC Technology Company Fujitsu HCL Technologies Limited HP Development Company, L.P. International Business Machines Corporation Lenovo Recent Industry Developments April 2025: Accenture Federal Services secured a USD 1.6 billion task order to enhance the U.S. Air Force Cloud One environment, focusing on automation and financial governance. March 2025: Arrow Electronics introduced an AI platform for North American channel partners, expanding its portfolio with managed AI deployments across security and cloud services. December 2024: Accenture reported USD 17.7 billion in Q1 FY2025 revenue, with managed services contributing USD 8.6 billion, reflecting 11% growth. November 2024: Dell broadened its edge and 5G ecosystem through expanded collaborations with Ericsson and Nokia to strengthen its edge-management capabilities. September 2024: IBM unveiled new services integrating generative AI and Oracle cloud applications to support Oracle clients' digital transformation. September 2024: IBM and NTT DATA launched SimpliZCloud, a fully managed cloud platform for financial institutions built on IBM LinuxONE, enabling AI/ML adoption and improved infrastructure performance through a subscription-based model. September 2024: TCS introduced two AI-powered cybersecurity offerings—Managed Detection and Response (MDR) and Secure Cloud Foundation—in partnership with Google Cloud to improve hybrid cloud security posture. June 2024: DXC Technology and Dell launched Enterprise Intelligence Services (EIS), combining AI, data analytics, and cloud to deliver advanced multi-cloud managed services for operational optimization. June 2024: Telefónica Tech partnered with IBM to advance enterprise-level AI, data analytics, and data management solutions. May 2024: Lenovo collaborated with Cisco to offer integrated infrastructure and networking solutions aimed at accelerating enterprise digital transformation. May 2024: Elitery, an Indonesian cloud services provider, was recognized as a Google Cloud Managed Services Provider, enabling it to deliver generative AI solutions to local governments. May 2024: Dell Technologies and CrowdStrike expanded their partnership to deliver Managed Detection and Response (MDR) services using the CrowdStrike Falcon XDR platform. March 2024: Cognizant extended its partnership with Pon IT to continue delivering cloud managed services and optimizing cloud platforms across Pon Holdings' subsidiaries. January 2024: Accenture acquired NaviSite to bolster its managed services capabilities in application and infrastructure management for North American clients. January 2024: Kyndryl and Cisco collaborated on a new security edge service designed to strengthen customers' cybersecurity posture and response capabilities. January 2024: GTT partnered with JOVO to provide inspection, maintenance, repair, and engineering consultancy through two new technical services. October 2023: Logicalis introduced its Intelligent Connectivity suite—featuring SASE, SSE, SD-WAN, and Private 5G—powered by Cisco and supported by the Logicalis Digital Fabric Platform. September 2023: Cloud5 Communications launched a managed services division targeting IT needs across hospitality, student housing, and senior living sectors. May 2023: Alfar Capital and Walter Capital Partners acquired MSP Corp in Canada and merged it with Groupe Access to enhance IT and cybersecurity offerings. January 2023: Rackspace Technology launched Modern Operations, a managed public cloud service for Azure, AWS, and GCP, offering 24/7 support and cloud optimization capabilities. Reasons to Purchase this Report: Gain a comprehensive understanding of the market through qualitative and quantitative analyses, considering both economic and non-economic factors, with segmentation and sub-segmentation details provided in terms of market value (USD Billion). Identify regions and segments expected to experience the fastest growth or dominate the market, with a detailed analysis of geographic consumption patterns and the factors driving or hindering market performance in each region. 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Browse the report and understand how it can benefit your business strategy - Discover additional reports tailored to your industry needs Managed Printing Services (MPS) Market - Managed Pressure Drilling Market - Managed Blockchain Services Market - Managed Workplace Services Market- Managed Database Services Market - Full Body Scanners Market - Satellite Dish Market - Digital Mining Market - Follow Us: About Us: Credence Research is a viable intelligence and market research platform that provides quantitative B2B research to more than 2000 clients worldwide and is built on the Give principle. The company is a market research and consulting firm serving governments, non-legislative associations, non-profit organizations, and various organizations worldwide. We help our clients improve their execution in a lasting way and understand their most imperative objectives. Contact Us Mitul DeanTower C-1105 , S 25, Akash Tower,Vishal Nahar, Pimple Nilakh, Haveli,Pune – 411027, Indiasales@ Logo - View original content to download multimedia: SOURCE Credence Research Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
an hour ago
- Associated Press
AV-Comparatives Publishes World's Largest Independent Enterprise Cybersecurity Solution Test
17 Top-Tier Enterprise EPP, EDR, and XDR Solutions Evaluated in the Most Comprehensive ISO 9001:2015-Certified Public Assessment to Date INNSBRUCK, Austria, July 21, 2025 /PRNewswire/ -- AV-Comparatives, the globally recognised authority in independent cybersecurity testing, has released its Enterprise Security Test 2025 (March to June). This is the most extensive public evaluation to date of enterprise endpoint protection platforms (EPP), endpoint detection and response (EDR), and extended detection and response (XDR) solutions. Seventeen high-performing enterprise-grade cybersecurity products were rigorously evaluated using real-world attack simulations and scientifically sound methodologies, offering a comprehensive view of modern endpoint defence capabilities. The report includes individual product descriptions that outline key strengths and capabilities to help IT decision-makers select the most suitable solution based on their organisation's size, infrastructure, and security priorities. What Sets This Test Apart? Unmatched Scope: This is the largest public comparative test of enterprise EPP, EDR, and XDR solutions globally. Only mature, high-performing products were included. These had already demonstrated consistent reliability and strong protection in previous assessments. Holistic Analysis: Each product was evaluated across four mission-critical dimensions: To support enterprise IT leaders, the report includes an extensive feature matrix (page 57) detailing the core and advanced capabilities of each tested solution. This includes management interfaces, deployment models, threat response tools, and third-party integration support, helping organisations make informed side-by-side comparisons. All evaluated products represent enterprise-ready solutions that meet modern protection standards. Each product received the AV-Comparatives Approved Enterprise Product Seal, recognising their proven security effectiveness, operational reliability, and readiness for large-scale deployment. Peter Stelzhammer, co-founder of AV-Comparatives, commented: 'CISOs and IT leaders face complex, fast-evolving threats. Independent validation is not a luxury – it is essential. This test series provides evidence-based insights into how EPP, EDR, and XDR solutions perform in the field. We apply strict, scientifically grounded methodologies to help enterprises choose wisely.' Access the full test report: AV-Comparatives' enterprise test series is ISO 9001:2015 certified for the scope of Independent Tests of Cybersecurity Solutions. It is globally trusted by CISOs, analysts, and IT leaders as the benchmark for unbiased, rigorous cybersecurity evaluation. Cybersecurity and antivirus test results are available at for leading vendors including: Avast, AVG, Avira, Bitdefender, Check Point, Cisco, CrowdStrike, Elastic, Fortinet, F-Secure, ESET, G DATA, Gen Digital, Google, Intego, K7 Computing, Kaspersky, Malwarebytes, ManageEngine, McAfee, Microsoft, NetSecurity, Nord Security, Norton, Palo Alto Networks, Rapid7, SenseOn, Sophos, Total Defense, TotalAV, Trellix, Trend Micro, VIPRE, WithSecure, and many more. Media contact: Peter Stelzhammer, [email protected] +43512287788 Photo: Logo: View original content to download multimedia: SOURCE AV-Comparatives
Yahoo
2 hours ago
- Yahoo
Oil Country Tubular Goods Market Size to Grow by USD 37.26 billion by 2031, Growth Due to Increasing Oil & Gas Exploration and Production (E&P) Activities
NEW YORK, July 21, 2025 /PRNewswire/ -- According to a new comprehensive report from The Insight Partners, the global Oil Country Tubular Goods Market is observing significant growth owing to increasing oil & gas exploration and production (E&P) activities. The Oil Country Tubular Goods Market was valued at US$25.50 billion in 2024 and is projected to reach US$37.26 billion by 2031; it is expected to register a CAGR of 5.6% during 2025–2031. The global Oil Country Tubular Goods Market is observing substantial growth and is expected to maintain its upward trajectory in the foreseeable future. This growth is attributed to the increasing focus on the increasing oil & gas exploration and production activities. The increased drilling and exploration activities in regions such as North America, the Middle East & Africa, and Asia Pacific significantly propel the oil country tubular goods market growth during the forecast period. The report runs an in-depth analysis of market trends, key players, and future opportunities. The Oil Country Tubular Goods Market analysis focuses on a vast array of applications that are expected to determine market strength in the coming years. To explore the valuable insights in the Oil Country Tubular Goods Market report, you can easily download a sample PDF of the report. - Overview of Report Findings In April 2025, the Minister of Energy and Natural Resources, Turkey and the Petroleum and Mineral Resources Minister signed a hydrocarbon exploration and production agreement in onshore fields. Turkey discovered up to 20 billion barrels of crude oil in Somalia. The demand for oil & gas is rising worldwide owing to the increasing demand for energy. As per the information from the International Energy Agency (IEA) in October 2024, global oil demand is projected to increase by 900 thousand barrels/day (kb/d) in 2024 and by 1 million barrels/day in 2025. China's demand for crude oil witnessed continuous growth, setting a record in March 2023 at 16 mb/d. Furthermore, the Russian Federation's aggression in Ukraine has threatened the energy supply, and it tends to drive oil & gas prices up. North America is among the largest crude oil and natural gas producers across the world. The US is the largest oil producer globally, with a crude oil production share of more than 20%. The country's oil & gas sector is proliferating year-on-year owing to the discovery of new oil & gas rigs. In addition, natural gas production in the US has grown significantly in recent years as improvements in drilling technologies have made it commercially viable to recover oil trapped in mature oil well. In April 2023, BP commenced oil production at its Argos platform located in the Gulf of Mexico. For Detailed Oil Country Tubular Goods Market Insights, Visit: In May 2023, the Abu Dhabi National Oil Company (ADNOC) granted three contracts totaling US$ 4 billion to reduce carbon emissions and reach a production capacity of 5 million barrels per day by 2030. The contracts can cover ADNOC's onshore and offshore operations for five years with a two-year extension option. Thus, the growing adoption of carbon-neutral oil & gas production is expected to offer lucrative growth opportunities to the oil country tubular goods market in the coming years. In January 2024, TotalEnergies, along with its partners, started production of oil and gas from the Akpo West Floating Production Storage and Offloading (FPSO) facility on the PML2 license in Nigeria. The offshore field is expected to add 14,000 bbl of condensate production by Mid-2024 and up to 4 million cubic feet of gas per day by 2028. Geographical Insights: In 2024, North America led the market with a substantial revenue share, followed by Middle East and Africa and Asia Pacific. Further, Middle East and Africa is expected to register the highest CAGR during the forecast period. Stay Updated on The Latest Oil Country Tubular Goods Market Trends: Market Segmentation Based on process, the market is categorized into seamless and welded. The seamless segment dominated the market in 2024. Based on product, the market is categorized into drill pipe, well casing, production tubing. The well casing segment dominated the market in 2024. Based on application, the market is categorized into onshore and offshore. The onshore segment dominated the market in 2024 The Oil Country Tubular Goods Market is segmented into five major regions: North America, Europe, APAC, Middle East and Africa, and South and Central America. Competitive Strategy and Development Key Players: A few major companies operating in the Oil Country Tubular Goods Market are Corpac, ArcelorMittal SA, Vallourec SA, Tenaris SA, Jacob Tubing L.P., Nippon Steel Corp, United States Steel Corp, Kelly Pipe Co. LLC, TMK Group, Tianjin Pipe Corporation (TPCO), NOV Inc, Sumitomo Corporation, JFE Steel Corp, ILJIN STEEL CO., LTD., SB International, Inc., Weatherford International Plc Trending Topics: Offshore Oil and Gas, Oil and Gas Production, Managed Pressure Drilling. Purchase Premium Copy of Global Oil Country Tubular Goods Market Size and Growth Report (2025-2031) at: Global Headlines on Oil Country Tubular Goods NOV and have announced a strategic partnership to distribute Keystone's OPEN and RMS applications through NOV's Max data platform. This collaboration advances the industry's ability to make data-driven decisions for increased operational efficiency, safety, and productivity across all rig activities. (August, 2024). Vallourec has received a notice of award to supply Oil Country Tubular Goods (OCTG) to SONATRACH, Algeria's National Oil and Gas company. (April, 2025). ArcelorMittal Tubular Products Jubail has successfully secured full financial support from top-tier commercial banks in Saudi Arabia for the expansion of its heat treatment and advanced premium OCTG finishing line (May, 2025) Conclusion The market is expected to witness tremendous growth in the coming years owing to the rise in demand for oil and gas production and exploration, rising energy demand. Further, an increasing number of overall oil and gas rigs is one of the major factors driving the integration of large volumes of oil country tubular goods across the globe. In addition, increasing crude oil production is another major factor expected to generate new demand for the installation of oil country tubular goods in the coming years. The report from The Insight Partners, therefore, provides several stakeholders—including component providers, system technology integrators, system manufacturers, and others—with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities. Trending Related Reports: The Hydrocarbon Solvents Market Size is expected to register a CAGR of 4% from 2025 to 2031 The Drill Pipe Market Size is expected to register a CAGR of 4.2% from 2025 to 2031 Well Casing and Cementing Market Size, Trends, Shares, and Forecast - 2031 Production Chemicals Market Growth, Trends, and Forecast by 2031 Battery Production Machine Market Analysis, Size, and Share by 2031 Virtual Production Market Share and Forecast by 2031 The energy recovery ventilator market size is projected to reach US$8,128.52 million by 2031 The battery energy storage system market size is projected to reach US$143.28 billion by 2031 About Us: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials. Contact Us:If you have any queries about this report or if you would like further information, please contact us:Contact Person: Ankit MathurE-mail: +1-646-491-9876Press Release - For More Latest Energy and Power Research Reports & Industry Reports - Logo: View original content to download multimedia: SOURCE The Insight Partners Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
