Wellhead Equipment Market 2019 is Trending with Top Key Players- Cameron International, Oil States International, GE Energy, Baker Hughes, Nabors Industries Limited

Industry Highlights
Global Wellhead Equipment market is expected to grow at a CAGR of 5.2% by 2026. Wellheads equipments provide the end point of casing and tubing strings. These equipments also control pressure and give’s access to the main casing /tubing. Some of the key drivers favoring to the market growth include increasing demand for exploration and production activities by oil and gas companies, instability in operational rigs growing deepwater and ultra-deepwater exploration and various reservoir characteristics. On the contrary, decreasing oil prices, environmental risk, scarcity of skilled labor are some factors which are inhibiting the market growth.

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Market Top Player’s
Some of the key players in this market include Cameron International Corporation, Oil States International, Inc., GE Energy , Baker Hughes Inc, Nabors Industries Limited, Forum Energy Technologies, Aker Solutions , National Oil well Varco Inc., Weir Group Plc., Stream Flo, FMC Technologies, Drill Quip, Sensus, Shanghai Wellhead Equipment Manufacture and Wellhead System.

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Market Segments
Based on application, offshore fields segment commanded the largest market share attributed to recent advancements in several offshore reserves across the globe. Also, these wells are mostly large reservoirs with high volume and pressure which instigate major oil key players to focus more on offshore field explorations rather than on reservoirs onshore. In terms of geography, North America commanded the largest market share during the forecast period owing to rising government support across many countries, especially in US is anticipated to grow the market over the forecast period.
Components Covered:
• Choke
• Flanges
• Master valve
• Hangers
• Other Components
Applications Covered:
• Offshore
• Onshore
Regions Covered:
• North America
• US
• Canada
• Mexico
• Europe
• Germany
• UK
• Italy
• France
• Spain
• Rest of Europe

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This release was published on openPR.