Press release
Global Wellhead Equipment Market is Expected to grow at a CAGR of 3.06% to 2021
About Wellhead Equipment
Oil and gas is one of the largest industries in the world in terms of the revenue generation. The industry has a substantial share of the government as it includes the majority of the national oil companies that generate billions of dollars contributing significantly toward the economic development of a country. Several industries are dependent either directly or indirectly on the oil and gas sector as they require the final petroleum product or are involved in manufacturing the tools and equipment that are used in the oil and gas industry. This industry is responsible for providing thousands of jobs, and its success or failure has a huge impact on the majority of the industries.
Technavios analysts forecast the global wellhead equipment market to grow at a CAGR of 3.06% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global wellhead equipment market for 2017-2021. To calculate the market size, the report considers the new installations and exclude spares and aftermarket.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Wellhead Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Aker Solutions
GENERAL ELECTRIC
National Oilwell Varco
Schlumberger
TechnipFMC
Weir Group
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Other prominent vendors
Schlumberger
Dril-Quip
Forum Energy Technologies
Nabors Industries
Oil States International
Shanghai Elim Petroleum Machinery
Stream-Flo
Wellhead Systems
Market driver
Increasing number of deep and ultra-deepwater drilling projects
For a full, detailed list, view our report
Market challenge
Fluctuations in oil and gas prices
For a full, detailed list, view our report
Market trend
Varying reservoir characteristics
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
Market outline
PART 05: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 06: MARKET SIZING
Market definition
Market sizing 2016
Market size and forecast 2016-2021
PART 07: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 08: MARKET SEGMENTATION BY APPLICATION
Segmentation by application
Comparison by application
Onshore Market size and forecast 2016-2021
Offshore Market size and forecast 2016-2021
Market opportunity by application
PART 09: MARKET SEGMENTATION BY COMPONENTS
Segmentation by components
PART 10: CUSTOMER LANDSCAPE
PART 11: REGIONAL LANDSCAPE
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