Wellhead Equipment Market Research 2020-2024- Featuring Aker Solutions ASA, Baker Hughes Co., Dril-Quip Inc., Among Others to Contribute to the Market Growth | Technavio

The wellhead equipment market is poised to grow by USD 0.61 bn during 2020-2024, progressing at a CAGR of over 2% during the forecast period.

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Technavio has announced its latest market research report titled Global Wellhead Equipment Market 2020-2024 (Graphic: Business Wire)

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The report on the wellhead equipment market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by rising oil and gas consumption.

The wellhead equipment market analysis includes application segment and geography landscape. This study identifies the increasing number of deep and ultra-deepwater drilling projects as one of the prime reasons driving the wellhead equipment market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The wellhead equipment market covers the following areas:

Wellhead Equipment Market Sizing

Wellhead Equipment Market Forecast

Wellhead Equipment Market Analysis

Companies Mentioned

• Aker Solutions ASA
• Baker Hughes Co.
• Dril-Quip Inc.
• Forum Energy Technologies Inc.
• Nabors Industries Ltd.
• National Oilwell Varco Inc.
• Oil States International, Inc.
• TechnipFMC Plc
• The Weir Group Plc
• Wellhead Systems Inc.

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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
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• MEA - 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

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Aker Solutions ASA
• Baker Hughes Co.
• Dril-Quip Inc.
• Forum Energy Technologies Inc.
• Nabors Industries Ltd.
• National Oilwell Varco Inc.
• Oil States International Inc.
• TechnipFMC Plc
• The Weir Group Plc
• Wellhead Systems Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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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View source version on businesswire.com: https://www.businesswire.com/news/home/20201221005401/en/