Global Landing String Equipment Market 2021-2025
Technavio has been monitoring the landing string equipment market and it is poised to grow by $ 310.00 mn during 2021-2025 progressing at a CAGR of 6% during the forecast period. Our report on landing string equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rise in deepwater and ultra-deepwater E&P activities and growing demand for oil and natural gas. In addition, advances in landing string control systems is anticipated to boost the growth of the market as well.
The landing string equipment market analysis includes application segment and geographical landscapes.
Technavio's landing string equipment market is segmented as below:
- Shallow water
By Geographical Landscapes
- North America
- South America
This study identifies the increase in global offshore rig count as one of the prime reasons driving the landing string equipment market growth during the next few years.
Technavio 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. Our report on landing string equipment market covers the following areas:
- Landing string equipment market sizing
- Landing string equipment market forecast
- Landing string equipment market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading landing string equipment market vendors that include Enovate Systems Ltd., Expro Holdings UK2 Ltd., National Oilwell Varco Inc., Quail Tools LP, Schlumberger Ltd., Superior Energy Services Inc., thyssenkrupp AG, Vallourec SA, WellPartner AS, and Yantai Enerserva Machinery Co. Ltd.. Also, the landing string equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio 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 such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.