Press Release

Middle East & Africa Reverse Engineering Schematic Design Market to Grow at a CAGR of over 13% through 2021

Revamping of refineries and petrochemical plant projects to drive Middle East & Africa reverse engineering schematic design market through 2021

According to TechSci Research report Middle East & Africa Reverse Engineering Schematic Design Market By Type, By Application, By Country, Competition Forecast & Opportunities, 2011 – 2021, reverse engineering schematic design market in Middle East & Africa is forecast to grow at a CAGR of 13% during 2016-2021, due to increasing demand for upgradation and revamping of legacy data and pre-computer-era built aging infrastructure, implementation of stringent emission control norms, changing product quality and specifications, and increasing business productivity and agility. Kuwait intends to expand the Al-Zour Refinery and clean fuels project. The project is envisaged to be developed at a capital expenditure of $30.5 billion and is due to be completed by 2018. Saudi Arabia is also developing the Jazan refinery at an estimated cost of $16 billion by 2017. Both of these mega projects are expected to positively influence the region’s reverse engineering schematic design market in the coming years.

Browse 17 market data Tables and 45 Figures spread through 150 Pages and an in-depth TOC on "Middle East & Africa Reverse Engineering Schematic Design Market "

https://www.techsciresearch.com/report/middle-east-africa-reverse-engineering-schematic-design-market-by-type-p-id-electrical-civil-mechanical-by-application-oil-gas-power-marine-etc-by-country-saudi-arabia-uae-etc-competition-forecast-and-opportunities/845.html

In 2015, Saudi Arabia dominated Middle East & Africa reverse engineering schematic design market, on account of growing demand from end use industries such as oil & gas, and power. The country has the largest refining capacity in the region, and consequently, would continue to maintain its dominance over the next five years. UAE has also been witnessing increasing demand for reverse engineering schematic design services due to revamping and capacity expansion projects lined up in oil & gas and petrochemical sectors. Intergraph, a subsidiary of Hexagon AB, and AVEVA Group plc are the major 3D designing software players operating in Middle East & Africa reverse engineering schematic design market. AVEVA has increased its presence in the Middle East & Africa region by collaborating with domestic solution providers to capitalize on emerging market opportunities in the region.

Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=845

Customers can also request for 10% free customization on this report.

“Demand for reverse engineering solutions in the region is on the rise owing to major revamping and upgradation projects at refineries and other petroleum related infrastructure developments being undertaken across the region. Moreover, advent of modern technology is driving use of reverse engineering schematic design to improve energy efficiency and ensure seamless plan implementation.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Middle East & Africa Reverse Engineering Schematic Design Market By Type, By Application, By Country, Competition Forecast & Opportunities, 2011 – 2021has evaluated the future growth potential of reverse engineering schematic design market in the Middle East & Africa and provides statistics and information on market structure, size, and trends of reverse engineering schematic design market in the region. The report includes market projections and demand forecasting. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes emerging trends along with essential drivers, challenges, and opportunities available in the Middle East & Africa reverse engineering schematic design market.


About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

 

Tel: +1-646-360-1656

 

Email: [email protected]

Relevant Reports

Middle East & Africa Reverse Engineering Schematic Design Market By Type (P&ID, Electrical, Civil & Mechanical), By Application (Oil & Gas, Power, Marine, etc.), By Country (Saudi Arabia, UAE, etc.), Competition Forecast and Opportunities, 2011-2021

Oil and Gas | Nov, 2016

Revamping of refineries and petrochemical plant projects to drive Middle East & Africa reverse engineering schematic design market through 2021

Relevant News