Emerging Markets in Well Testing Services: Regional Analysis and Growth Potential
The well-testing services market is poised for significant growth, driven by rising demand for efficient oil and gas extraction methods worldwide. According to Stratview Research, the market was estimated at US$ 6.5 billion in 2022 and is projected to expand at a CAGR of 6.6% from 2023 to 2028, reaching US$ 9.57 billion by 2028. This growth is largely attributed to technological advancements and increased investment in oil exploration across emerging markets.
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