Home > Blossary: Oil condition monitoring market in the Americas to grow at a high rate between 2017 and 2023
The oil condition monitoring market in the Americas is expected to grow at the highest CAGR of 9.4% between 2017 and 2023. The highly integrated supply chain network in the Americas links producers and consumers through multiple transportation modes, including air and express delivery services, freight rail, maritime transport, and truck transport. The power industry is a capital-intensive industry in the Americas. For instance, in 2016, the Edison Electric Institute (EEI) member companies invested USD 120.8 billion to build smarter energy infrastructure and to transition to even cleaner generation sources. This growth in the transportation and power industry would boost the growth of the oil condition monitoring market in the Americas. https://www.marketsandmarkets.com/Market-Reports/oil-condition-monitoring-market-62105661.html

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