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Last Updated: January 26, 2017
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Last week in the world oil:

Prices

-News of a strong recovery in US oil drilling offset optimism that OPEC and its non-OPEC allies were on track to meet their output reduction goals, leading oil prices to start the week slightly lower after gains last week. Saudi Arabia notched up its highest exports in 13 years in November, but numbers are expected to fall by nearly 400 kb/d in January as the supply cuts kick in. The push-pull relationship between OPEC and free market producers in the US highlights the difficulties in the race to raise prices.

Upstream & Midstream

-In a move that could potentially revolutionise oil trading, Mercurialis testing out an oil cargo contract sale based on the digital blockchain technology. Working together with banks ING and Societe Generale, the cargo of African crude sold to ChemChina is based on the technology that powers bitcoins a permanent digital ledger of all transaction history known as a blockchain that could replace the current complex system of clearing and settlement that require massive amounts of paperwork.

-The US oil rig count leapt by 35 last week, the largest rise since 2011, as US drillers responded to price signals, potentially hampering OPECs attempt to strengthen prices. Some 29 new oil rigs and 6 new gas rigs were restarted, and more additions are expected.

Downstream

-A fire has halted output at Adnocs Ruwais refinery in Abu Dhabi, shutting down half of the sites 800 kb/d capacity. The outage at the newer section, is expected to be short, with production resuming next week.

Natural Gas & LNG

-In an attempt to reduce heavy reliance on Russian natural gas, Serbia and Bulgaria are cooperating on a natural gas pipeline project. The 150km pipeline is scheduled to begin construction in May 2019 and operational by the end of 2020, linking Sofia with the Serbian city of Nis. This could draw supplies from pipelines in Greece and Turkey, and possibly volumes from Israels Leviathan field. Poland, too, is plotting reducing dependence on Russia, aiming to have a gas pipeline to Norway in place by 2022.

-Brazil's Odebrecht group, embroiled in the country's largest ever graft scandal, has missed a financing deadline that will see it exit a US$5 billion natural gas pipeline in Peru, potentially derailing the entire project. The bribery scandal has brought the once powerhouse to its knees, which will now see it focus on divesting assets in all but two sectors to survive, retaining only its construction arm and petrochemical producer Braskem.

Corporate

-Frances Technip and FMC Technologies have completed their merger, now operating as unified service provider TechnipFMC. The merger comes partially due to the slump in upstream investment, but also to consolidate developing technology to access hard-to-reach assets.

-Shell will have a new Head of Exploration next month, with current upstream strategy vice president Marc Gerrits taking over the role from Ceri Powell, who moves on to become the managing director of Brunei Shell Petroleum. The move is part of a broader reshuffle of executives following the acquisition of the BG Group, with upstream moving away from risky frontier areas like Alaska to existing production sites like Brunei and Malaysia.

Last week in Asian oil:

Upstream & Midstream

-Indonesia's Pertamina has unveiled an ambitious plan to invest US$54 billion in upstream production through 2025, aiming to raise its oil, gas and geothermal output by 185% to 1.91 million barrels. Pertamina's upstream output has slumped over the last decade, hitting its lowest point of 670 kb/d in November 2016, with the company struggling to acquire even domestic fields. The goals are at odds with OPECs wider objectives, leading Indonesia to withdraw temporarily from the organisation in November to focus on an upstream spending spree.

-A week after extending a storage deal with Saudi Aramco, Japan has done the same with the UAEs Adnoc. The two-year extension will allow Adnoc to continue storing up to 6.29 million barrels of crude oil in theKiireterminal in Kagoshima until 2019 at no cost in return for first dibs on the supplies in the case of emergencies. Adnoc uses the storage facilities as a convenient way to distribute crude across East Asia.


Downstream & Shipping

-Iran and China have agreed to a US$3 billion deal that will see China support Iran financially as its moves to upgrade its ailing oil refining infrastructure. The agreement will focus on the 430 kb/d Abadan refinery, Irans largest, that is in dire need of upgrades after years of sanctions prevented access to parts and new technology. It is an indication that the rest of the world is still prepared to deal with Iran, even as the new American administration is prepared to be more hostile.

-Bangladesh has reversed its decision to slash fuel prices as global crude prices rise. The phased prices cuts which would reduce the controlled prices of gasoline, diesel and LPG began in April 2015, after a two-year freeze to help state-owned player Bangladesh Petroleum Corp recover losses and were meant to be extended over 2017. However, the government has now decided that raising oil prices pose too much of a risk to move ahead with another 10% cut, freezing gasoline prices at around 86 taka (US$1.10) per litre.

-Singapore's struggling Jurong Aromatic Corp (JAC) might have found a buyer in South Koreas Lotte Chemical Corp. After going into receivership in September 2015 due to debt issues as global commodity prices were routed, JAC also had to deal with an 18-month outage as its petrochemical complex to fix issues and has been searching for a possible suitor. Lotte, which currently operates two naphtha crackers in Daesan and Yeosu along with a condensate splitter shared with Hyundai Oilbank, has been looking at potential overseas assets and JAC would be a suitable target to establish itself as one of Asia's largest condensate buyers.

Natural Gas & LNG

-Pakistan is in need of natural gas, a reason why Asian LNG prices have spiked over the last two weeks. While there is no short-term solution, it has secured some long-term security with a Gunvor deal to receive 60 LNG cargoes over the next five years and an Eni deal for 180 cargoes over the next 15 years. More tenders are expected, as Pakistan works towards bringing two more LNG terminals online over the next two years.

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Gunshot Detection Systems Market Trends, Analysis, Business Opportunities and Global Forecast to 2028

According to MarketDigits Gunshot Detection Systems Market was valued USD Billion in 2021 and estimated to reach USD 1,413 Million by 2028, growing at a CAGR of 10.5% during the forecast period of 2022-2028.

Top Key Players of Gunshot Detection Systems market: -

Information System Technology, Acoem Group, ELTA Systems Ltd, Louroe Electronics, Compagine Industries Des Lasers (CILAS), MicroflownAvisa B.V, Rheinmetall AG, Databuoy Corporation among others.

Gunshot Detection Systems Market Insights: 

Gunshot Detection Systems Market expansion is estimated to be fueled by rising expenses in border security. The use of these tools can help border security personnel identify and foil attempts at smuggling, infiltration, and illegal immigration. Manufacturers might also be able to help law enforcement identify criminals and find illegal entrances even in the absence of gunfire with a small system adjustment. To counteract the escalating number of mass shooting occurrences, various law enforcement organizations are currently using a variety of strategies, creating new market prospects for cutting-edge gunfire detection systems.Major American cities are seeing an increase in the number of public gun shootings. The precise location of the gunshot can be determined using gunshot detection equipment. Schools, hospitals, and universities can all install this technology. The market for gunshot detection may be driven by the need to ensure the safety of residents and pupils.The gunshot detection system market is highly competitive with a large number of players offering various products and services. Some of the key players in the market include Information System Technology, Acoem Group, ELTA Systems Ltd, Louroe Electronics. These companies have a strong presence in the market and have been investing heavily in research and development to develop advanced and innovative products.

Regional Market Insights:

Because of the development of nations like China, India, and Southeast Asia, the Asia Pacific region is estimated to account for a sizeable portion of global sales. The region's development of smart city initiatives has made a substantial contribution to market expansion. Thailand has the highest rate of firearm fatalities in Asia-Pacific. Gunshot detection systems now have a chance to take advantage of the LEMEA region's apparent trend toward safe cities.

Request for quick sample PDF of the Gunshot Detection Systems Market Report @ https://marketdigits.com/gunshot-detection-systems-market/sample

The report on Gunshot Detection Systems Market covers segments By Application (Defense, Commercial), Installation Type (Soldier Mounted, Vehicle Installations, Fixed Installations), Solution Type (System, Saas) & Geography and Forecast to 2028. The report was put together after watching and researching a number of elements, including the region's economic, environmental, social, technological, and political condition, that affect regional growth. Analysts have examined each region's data on sales, output, and manufacturers. The revenue and volume breakdown by region for the forecast period of 2022 to 2028 is analyzed in this section. The reader will gain insight into the possible value of investment in a specific area thanks to these evaluations.

Pre-Post Impact of Covid-19 on Gunshot Detection Systems market: -

The COVID-19 pandemic, which has affected businesses from all sectors of industry, has had an influence on both personal and professional lives. Public sector businesses and government organizations, as well as the IT, telecommunications, and healthcare industries, heavily invested in IoT technology to manage the unique COVID-19 pandemic catastrophe and get the best results in saving a life. Therefore, increased IoT investment during the pandemic is a significant contributor to the market's growth.

Gunshot Detection Systems Market Scope and Market Size:

The main outputs of this analysis are market data with thorough classifications and revenue breakdowns. Revenues from the Gunshot Detection Systems Market are broken down by service type, deployment style, sector, and geography. Players, stakeholders, and other market participants will be able to establish a strong position as a result of this report's benefits for their marketing plans. In terms of revenue and forecast for the years 2022–2028, the market study focuses on revenue and forecast by region/countries and by application. In-depth market share analysis with individual revenue, market shares, and company rankings. Detailed competitive landscape with identification of the important players in relation to each type of market.

The Report also looks at the market's current state of development, its prospects, and the global Gunshot Detection Systems market trend. Additionally, it divides the Gunshot Detection Systems Market into segments according to service type, deployment methodology, industry, and region to allow for in-depth analysis and the disclosure of market characteristics and prospects.

Purchase this single Gunshot Detection Systems Market user report @ https://marketdigits.com/gunshot-detection-systems-market/buy

Segmentations Analysis of Gunshot Detection Systems Market: -

Major Segmentations Are Distributed as follows:

By Application

  • Defense
  • Commercial

By Installation Type

  • Soldier Mounted
  • Vehicle Installations
  • Fixed Installations

By Solution Type

  • System
  • Saas

Gunshot Detection Systems Market Report Gives Answers to Following Key Questions:

  • What will be the Gunshot Detection Systems Market’s Trends & growth rate? What analysis has been done of the prices, sales, and volume of the top producers in the Gunshot Detection Systems market?
  • What are the main forces behind the worldwide Gunshot Detection Systems market? Which companies dominate the Gunshot Detection Systems market?
  • Which companies dominate the Gunshot Detection Systems Market? Which business possibilities, dangers, and tactics did they embrace in the market?
  • What are the global Gunshot Detection Systems industry's suppliers' opportunities and dangers in the Gunshot Detection Systems market?
  • What is the Gunshot Detection Systems industry's regional sales, income, and pricing analysis? In the Gunshot Detection Systems market, who are the distributors, traders, and resellers?
  • What are the main geographic areas for various trades that are anticipated to have astounding expansion over the Gunshot Detection Systems Market?
  • What are the main geographical areas for various industries that are anticipated to observe astounding expansion for the Gunshot Detection Systems Market?
  • What are the dominant revenue-generating regions for the Gunshot Detection Systems Market, as well as regional growth trends?
  • By the end of the forecast period, what will the market size and growth rate be?
  • What are the main Gunshot Detection Systems Market trends that are influencing the market's expansion?
  • Which key product categories dominate the Gunshot Detection Systems market? What are the Gunshot Detection Systems Market's main applications?
  • In the coming years, which Gunshot Detection Systems Market technology will dominate the market?

Request for quick sample PDF of the Gunshot Detection Systems Market Report @ https://marketdigits.com/gunshot-detection-systems-market/sample

About us:

MarketDigits is one of the leading business research and consulting companies that helps clients to tap new and emerging opportunities and revenue areas, thereby assisting them in operational and strategic decision-making. We at MarketDigits believe that market is a small place and an interface between the supplier and the consumer, thus our focus remains mainly on business research that includes the entire value chain and not only the markets.

 We offer services that are most relevant and beneficial to the users, which help businesses to sustain in this competitive market. Our detailed and in-depth analysis of the markets catering to strategic, tactical, and operational data analysis & reporting needs of various industries utilize advanced technology so that our clients get better insights into the markets and identify lucrative opportunities and areas of incremental revenues.

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Pet Wearable Market Analysis, Latest Trends, Technological Innovations and Global Forecast to 2028

According to MarketDigits Pet Wearable Market was valued USD Billion in 2021 and estimated to reach USD 5.80 Billion by 2028, growing at a CAGR of 13.7% during the forecast period of 2022-2028.

Top Key Players of Pet Wearable market: -

Fitbark, Datamars, Avid Identification Systems, Link AKC, Voyce, Invisible Fence, Garmin Ltd, Whistle Labs Inc, PetPace LLC among others.

Pet Wearable Market Insights: 

Because more people are adopting pets as companions for mental stability and enjoyment, pet care costs are also rising. Moreover, the global pet wearable market is estimated to expand rapidly during the forecast period due to the increasing accessibility and popularity of wearable devices. Additionally, improvements in wireless area networks, reasonably priced and effective wireless sensors, the use of digital maps, and the creation of mobile applications all contribute to the rising demand for pet wearables. Another important aspect that is expected to fuel the market's expansion is the expanding Internet of Things trend. Last but not least, the usage of and demand for pet wearables advised by insurance companies would be another significant factor influencing the industry for pet wearables.The worldwide pet wearable market is still in its beginning, and established and growing businesses are engaged in heated competition. The leading market players place a strong emphasis on research and development to create cutting-edge items in order to increase their product offerings. To improve their position globally, companies are concentrating on strategic alliances, growth, and acquisitions.

Regional Market Insights:

The worldwide pet wearable market is divided into six regions based on geography: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. A rising trend in pet adoption and humanization, rising disposable income, and rising per capita income all contribute to North America's market dominance in terms of revenue. The market for pet wearables in North America is also expanding as a result of rising pet health awareness, product innovation, and advanced technology. Additionally, a high concentration of important enterprises in the area and an increase in product releases are expected to fuel the market.

Request for quick sample PDF of the Pet Wearable Market Report @ https://marketdigits.com/pet-wearable-market/sample

The report on Pet Wearable Market covers segments By Application (Fitness Monitoring, Medical Diagnosis, Treatment, Identification & Tracking), Product (Smart Vest, Smart Camera, Smart Collar, Smart Harness), Technology (GPS, Bluetooth, Sensors) & Geography and Forecast To 2028. The report was put together after watching and researching a number of elements, including the region's economic, environmental, social, technological, and political condition, that affect regional growth. Analysts have examined each region's data on sales, output, and manufacturers. The revenue and volume breakdown by region for the forecast period of 2022 to 2028 is analyzed in this section. The reader will gain insight into the possible value of investment in a specific area thanks to these evaluations.

Pre-Post Impact of Covid-19 on Pet Wearable market: -

The COVID-19 pandemic, which has affected businesses from all sectors of industry, has had an influence on both personal and professional lives. Public sector businesses and government organizations, as well as the IT, telecommunications, and healthcare industries, heavily invested in IoT technology to manage the unique COVID-19 pandemic catastrophe and get the best results in saving a life. Therefore, increased IoT investment during the pandemic is a significant contributor to the market's growth.

Pet Wearable Market Scope and Market Size:

The main outputs of this analysis are market data with thorough classifications and revenue breakdowns. Revenues from the Pet Wearable Market are broken down by service type, deployment style, sector, and geography. Players, stakeholders, and other market participants will be able to establish a strong position as a result of this report's benefits for their marketing plans. In terms of revenue and forecast for the years 2022–2028, the market study focuses on revenue and forecast by region/countries and by application. In-depth market share analysis with individual revenue, market shares, and company rankings. Detailed competitive landscape with identification of the important players in relation to each type of market.

The Report also looks at the market's current state of development, its prospects, and the global Pet Wearable market trend. Additionally, it divides the Pet Wearable Market into segments according to service type, deployment methodology, industry, and region to allow for in-depth analysis and the disclosure of market characteristics and prospects.

Purchase this single Pet Wearable Market user report @ https://marketdigits.com/pet-wearable-market/buy

Segmentations Analysis of Pet Wearable Market: -

Major Segmentations Are Distributed as follows:

By Application

  • Fitness Monitoring
  • Medical Diagnosis
  • Treatment
  • Identification & Tracking

By Product

  • Smart Vest
  • Smart Camera
  • Smart Collar
  • Smart Harness

By Technology

  • GPS
  • Bluetooth
  • Sensors

Pet Wearable Market Report Gives Answers to Following Key Questions:

  • What will be the Pet Wearable Market’s Trends & growth rate? What analysis has been done of the prices, sales, and volume of the top producers in the Pet Wearable market?
  • What are the main forces behind the worldwide Pet Wearable market? Which companies dominate the Pet Wearable market?
  • Which companies dominate the Pet Wearable Market? Which business possibilities, dangers, and tactics did they embrace in the market?
  • What are the global Pet Wearable industry's suppliers' opportunities and dangers in the Pet Wearable market?
  • What is the Pet Wearable industry's regional sales, income, and pricing analysis? In the Pet Wearable market, who are the distributors, traders, and resellers?
  • What are the main geographic areas for various trades that are anticipated to have astounding expansion over the Pet Wearable Market?
  • What are the main geographical areas for various industries that are anticipated to observe astounding expansion for the Pet Wearable Market?
  • What are the dominant revenue-generating regions for the Pet Wearable Market, as well as regional growth trends?
  • By the end of the forecast period, what will the market size and growth rate be?
  • What are the main Pet Wearable Market trends that are influencing the market's expansion?
  • Which key product categories dominate the Pet Wearable market? What are the Pet Wearable Market's main applications?
  • In the coming years, which Pet Wearable Market technology will dominate the market?

Request for quick sample PDF of the Pet Wearable Market Report @ https://marketdigits.com/pet-wearable-market/sample

About us:

MarketDigits is one of the leading business research and consulting companies that helps clients to tap new and emerging opportunities and revenue areas, thereby assisting them in operational and strategic decision-making. We at MarketDigits believe that market is a small place and an interface between the supplier and the consumer, thus our focus remains mainly on business research that includes the entire value chain and not only the markets.

We offer services that are most relevant and beneficial to the users, which help businesses to sustain in this competitive market. Our detailed and in-depth analysis of the markets catering to strategic, tactical, and operational data analysis & reporting needs of various industries utilize advanced technology so that our clients get better insights into the markets and identify lucrative opportunities and areas of incremental revenues.

Contact Us:

MarketDigits

USA: +1 847 450 0808

Email: [email protected]

January, 23 2023