LONDON–(BUSINESS WIRE)–The oil well Christmas tree market is expected to grow by USD 307.30 million, accelerating at a CAGR of about 2% during the forecast period. Download Free Sample Report
Increasing investment in the upstream sector is one of the major factors propelling market growth. However, the rapid spread of COVID-19, resulting in the suspension of industrial activities will hamper market growth.
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Global Oil Well Christmas Tree Market: Application Landscape
Based on the application, the onshore segment will see lucrative growth during the forecast period. The segment is mainly driven by the technological advances in oil and gas E&P activities in onshore platforms. In addition, factors such as increasing investments in oil and gas E&P activities, rising global energy demands, and the recovery of crude oil prices are contributing to the growth of the segment.
Global Oil Well Christmas Tree Market: Geographic Landscape
By geography, MEA is going to witness lucrative growth during the forecast period due to the rising focus on capacity expansion by prominent players in the region. Also, the rising number of subsea oil and gas projects in MEA will contribute to the growth of the oil well Christmas tree market.
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Companies Covered
- Aker Solutions ASA
- Baker Hughes Co.
- Delta Corp.
- Dril-Quip Inc.
- Halliburton Co.
- Schlumberger Ltd.
- Solar Alert Sdn Bhd
- TechnipFMC Plc
- The Weir Group Plc
- Worldwide Oilfield Machine
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, 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
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Onshore – Market size and forecast 2019-2024
- Offshore – Market size and forecast 2019-2024
- Market opportunity by Application
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Aker Solutions ASA
- Baker Hughes Co.
- Delta Corp.
- Dril-Quip Inc.
- Halliburton Co.
- Schlumberger Ltd.
- Solar Alert Sdn Bhd
- TechnipFMC Plc
- The Weir Group Plc
- Worldwide Oilfield Machine
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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