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Global Electric Top Drive Systems Market 2018-2022

Global Electric Top Drive Systems Market 2018-2022

About Electric Top Drive Systems

A top drive system that is electrically powered and used in oil and gas rigs for drilling applications is known as an electric top drive system.

Technavio’s analysts forecast the global electric top drive systems market to grow at a CAGR of 3.04% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global electric top drive systems market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of electric top drive systems across oil and gas industry

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Electric Top Drive Systems Market 2018-2022, 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
  • Akastor
  • Honghua America
  • KCA Deutag
  • Nabors Industries
  • National Oilwell Varco
  • Schlumberger
Market driver
  • Evolving unconventional oil and gas resources
  • For a full, detailed list, view our report
Market challenge
  • Uncertainties associated with low crude oil prices
  • For a full, detailed list, view our report
Market trend
  • Rising investments in shale industry
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 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?


  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Related market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global electric top drive systems market – Market size and forecast 2017-2022 ($ mn)
      • Table Global electric top drive systems market – Year-over-year growth 2018-2022 (%)
      • Table Reasons for low crude oil prices
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Application – Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Onshore – Market size and forecast 2017-2022
      • Table Onshore – Market size and forecast 2017-2022 ($ mn)
      • Table Onshore – Year-over-year growth 2018-2022 (%)
    • Offshore – Market size and forecast 2017-2022
      • Table Offshore – Market size and forecast 2017-2022 ($ mn)
      • Table Offshore – Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer Landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global – Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas – Market size and forecast 2017-2022
      • Table Americas – Market size and forecast 2017-2022 ($ mn)
      • Table Americas – Year-over-year growth 2018-2022 (%)
    • EMEA – Market size and forecast 2017-2022
      • Table EMEA – Market size and forecast 2017-2022 ($ mn)
      • Table EMEA – Year-over-year growth 2018-2022 (%)
    • APAC – Market size and forecast 2017-2022
      • Table APAC – Market size and forecast 2017-2022 ($ mn)
      • Table APAC – Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global liquid fuel consumption 2016-2019 (mbpd)
      • Table Global dry natural gas consumption 2010-2015 (bcf)
      • Table Comparison of conventional and unconventional sources
    • Market challenges
      • Table WTI crude oil prices 2016-2019 ($/barrel)
  • Market trends
    • Upstream oil and gas companies resorting to alternative business strategies
      • Table Emerging business models and strategic approaches by oil and gas companies
    • New oil and gas discoveries
    • Rising investments in shale industry
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Akastor
      • Table Akastor: Overview
      • Table Akastor – Business segments
      • Table Akastor – Organizational developments
      • Table Akastor – Geographic focus
      • Table Akastor – Segment focus
      • Table Akastor – Key offerings
    • Honghua America
      • Table Honghua America: Overview
      • Table Honghua America – Key offerings
    • KCA Deutag
      • Table KCA Deutag: Overview
      • Table KCA Deutag – Business segments
      • Table KCA Deutag – Organizational developments
      • Table KCA Deutag – Geographic focus
      • Table KCA Deutag – Segment focus
      • Table KCA Deutag – Key offerings
    • Nabors Industries
      • Table Nabors Industries: Overview
      • Table Nabors Industries – Business segments
      • Table Nabors Industries – Organizational developments
      • Table Nabors Industries – Geographic focus
      • Table Nabors Industries – Segment focus
      • Table Nabors Industries – Key offerings
    • National Oilwell Varco
      • Table National Oilwell Varco: Overview
      • Table National Oilwell Varco – Business segments
      • Table National Oilwell Varco – Organizational developments
      • Table National Oilwell Varco – Geographic focus
      • Table National Oilwell Varco – Segment focus
      • Table National Oilwell Varco – Key offerings
    • Schlumberger
      • Table Schlumberger: Overview
      • Table Schlumberger – Business segments
      • Table Schlumberger – Organizational developments
      • Table Schlumberger – Geographic focus
      • Table Schlumberger – Segment focus
      • Table Schlumberger – Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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