Global Pressure Control Equipment Market Size study, by Component (Valves, Control Heads, Wellhead Flanges, Christmas Trees, Adapter Flanges, Quick Unions, Others {Frac Tee, Hydraulic Chokes, and Crossover Adapters}), Type (High Pressure {Above 10,000 psi}, Low Pressure {Below 10,000 psi}), Application (Onshore and Offshore), and Regional Forecasts 2021-2027
Global Pressure Control Equipment Market is valued approximately USD 6.36 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.6% over the forecast period 2021-2027.... もっと見る
SummaryGlobal Pressure Control Equipment Market is valued approximately USD 6.36 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.6% over the forecast period 2021-2027.Pressure control equipment is that equipment that assists the efficient uphold of the optimal pressure levels. It is used in the intervention process to manage the pressure in arduous circumstances. The continuous technological developments aids in minimizing the risk associated with work, offer better safety, along with increasing investment for the Exploration & Production (E&P), and the rising government support to the key market players are the factors that may accelerate the market demand across the globe. For instance, In June 2018, Baker Hughes, a GE company, was awarded an integrated well services contract to support a large proportion of Equinor’s drilling and well construction activities in the Norwegian sector of the North Sea for an initial period of 4 years with options to extend up to 10 years. However, decreasing number of drilling activities and rig counts impedes the growth of the market over the forecast period of 2021-2027. Also, emerging offshore opportunities are anticipated to act as a catalyzing factor for the market demand during the forecast period. The key regions considered for the global Pressure Control Equipment market study includes Asia Pacific, North America, Europe, Latin America and the Rest of the World. North America is the leading region across the world in terms of market share owing to the bolstering manufacturing activities in both deep water exploration, and shale operation, and the rising number of federal offshore projects that propel the demand for the drilling activities, which, in turn, surge the demand of the pressure control equipment. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2021-2027. Factors such as growing demand for pressure control equipment across various verticals, as well as growing investments, would create lucrative growth prospects for the Pressure Control Equipment market across the Asia-Pacific region. Major market player included in this report are: National Oilwell Varco Weatherford GE Company Lee Specialties Schlumberger The Weir Group Hunting PLC Baker Hughes TIS Manufacturing Allied Valves, Inc. The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: By Component: Valves Control Heads Wellhead Flanges Christmas Trees (Flow Tee) Adapter Flanges Quick Unions Others (Frac Tee, Hydraulic Chokes, and Crossover Adapters) By Type: High Pressure (Above 10,000 psi) Low Pressure (Below 10,000 psi) By Application: Onshore Offshore By Region: North America U.S. Canada Europe UK Germany France Spain Italy ROE Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico Rest of the World Furthermore, years considered for the study are as follows: Historical year – 2018, 2019 Base year – 2020 Forecast period – 2021 to 2027 Target Audience of the Global Pressure Control Equipment Market in Market Study: Key Consulting Companies & Advisors Large, medium-sized, and small enterprises Venture capitalists Value-Added Resellers (VARs) Third-party knowledge providers Investment bankers Investors Table of ContentsChapter 1. Executive Summary1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion) 1.2.1. Pressure Control Equipment Market, by Region, 2019-2027 (USD Billion) 1.2.2. Pressure Control Equipment Market, by Component, 2019-2027 (USD Billion) 1.2.3. Pressure Control Equipment Market, by Type, 2019-2027 (USD Billion) 1.2.4. Pressure Control Equipment Market, by Application, 2019-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Pressure Control Equipment Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Pressure Control Equipment Market Dynamics 3.1. Pressure Control Equipment Market Impact Analysis (2019-2027) 3.1.1. Market Drivers 3.1.1.1. Technological developments in oilfield equipment 3.1.1.2. Increasing Investments in Exploration & Production (E&P) activities 3.1.2. Market Challenges 3.1.2.1. Decline in drilling activities and rig counts 3.1.3. Market Opportunities 3.1.3.1. Emerging offshore opportunities Chapter 4. Global Pressure Control Equipment Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion 4.5. Top investment opportunity 4.6. Top winning strategies Chapter 5. Risk Assessment: COVID-19 Impact 5.1.1. Assessment of the overall impact of COVID-19 on the industry 5.1.2. Pre COVID-19 and post COVID-19 market scenario Chapter 6. Global Pressure Control Equipment Market, by Component 6.1. Market Snapshot 6.2. Global Pressure Control Equipment Market by Component, Performance - Potential Analysis 6.3. Global Pressure Control Equipment Market Estimates & Forecasts by Component 2018-2027 (USD Billion) 6.4. Pressure Control Equipment Market, Sub Segment Analysis 6.4.1. Valves 6.4.2. Control Heads 6.4.3. Wellhead Flanges 6.4.4. Christmas Trees (Flow Tee) 6.4.5. Adapter Flanges 6.4.6. Quick Unions 6.4.7. Others (Frac Tee, Hydraulic Chokes, and Crossover Adapters) Chapter 7. Global Pressure Control Equipment Market, by Type 7.1. Market Snapshot 7.2. Global Pressure Control Equipment Market by Type, Performance - Potential Analysis 7.3. Global Pressure Control Equipment Market Estimates & Forecasts by Type 2018-2027 (USD Billion) 7.4. Pressure Control Equipment Market, Sub Segment Analysis 7.4.1. High Pressure (Above 10,000 psi) 7.4.2. Low Pressure (Below 10,000 psi) Chapter 8. Global Pressure Control Equipment Market, by Application 8.1. Market Snapshot 8.2. Global Pressure Control Equipment Market by Industry, Performance - Potential Analysis 8.3. Global Pressure Control Equipment Market Estimates & Forecasts by Application2018-2027 (USD Billion) 8.4. Pressure Control Equipment Market, Sub Segment Analysis 8.4.1. Onshore 8.4.2. Offshore Chapter 9. Global Pressure Control Equipment Market, Regional Analysis 9.1. Pressure Control Equipment Market, Regional Market Snapshot 9.2. North America Pressure Control Equipment Market 9.2.1. U.S. Pressure Control Equipment Market 9.2.1.1. Component breakdown estimates & forecasts, 2018-2027 9.2.1.2. Type breakdown estimates & forecasts, 2018-2027 9.2.1.3. Application breakdown estimates & forecasts, 2018-2027 9.2.2. Canada Pressure Control Equipment Market 9.3. Europe Pressure Control Equipment Market Snapshot 9.3.1. U.K. Pressure Control Equipment Market 9.3.2. Germany Pressure Control Equipment Market 9.3.3. France Pressure Control Equipment Market 9.3.4. Spain Pressure Control Equipment Market 9.3.5. Italy Pressure Control Equipment Market 9.3.6. Rest of Europe Pressure Control Equipment Market 9.4. Asia-Pacific Pressure Control Equipment Market Snapshot 9.4.1. China Pressure Control Equipment Market 9.4.2. India Pressure Control Equipment Market 9.4.3. Japan Pressure Control Equipment Market 9.4.4. Australia Pressure Control Equipment Market 9.4.5. South Korea Pressure Control Equipment Market 9.4.6. Rest of Asia Pacific Pressure Control Equipment Market 9.5. Latin America Pressure Control Equipment Market Snapshot 9.5.1. Brazil Pressure Control Equipment Market 9.5.2. Mexico Pressure Control Equipment Market 9.6. Rest of The World Pressure Control Equipment Market Chapter 10. Competitive Intelligence 10.1. Top Market Strategies 10.2. Company Profiles 10.2.1. National Oilwell Varco 10.2.1.1. Key Information 10.2.1.2. Overview 10.2.1.3. Financial (Subject to Data Availability) 10.2.1.4. Product Summary 10.2.1.5. Recent Developments 10.2.2. Weatherford 10.2.3. GE Company 10.2.4. Lee Specialties 10.2.5. Schlumberger 10.2.6. The Weir Group 10.2.7. Hunting PLC 10.2.8. Baker Hughes 10.2.9. TIS Manufacturing 10.2.10. Allied Valves, Inc. Chapter 11. Research Process 11.1. Research Process 11.1.1. Data Mining 11.1.2. Analysis 11.1.3. Market Estimation 11.1.4. Validation 11.1.5. Publishing 11.2. Research Attributes 11.3. Research Assumption
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