The Wellhead System market is expected to be around US$ 7.90 Billion by 2027 at a CAGR of 3.3% in the given forecast period.
Declining oil prices have temporarily impacted the market but rising demand is expected to invite fresh investments in the oil and gas exploration. Increasing interest in exploration of unconventional resources such as shale oil, coal bed methane etc. will also drive the global wellhead equipment market.
A wellhead is the component at the surface of an oil or gas well that provides the structural and pressure-containing interface for the drilling and production equipment. While drilling the oil well, surface pressure control is provided by a blowout preventer. If the pressure is not contained during drilling operations by the column of drilling fluid, casings, wellhead, and BOP, a well blowout could occur.
The global Wellhead System market is segregated on the basis of Application as Gas Drilling Well and Oil Drilling Well. Based on Type the global Wellhead System market is segmented in Choke, Flanges, Hangers, Master Valve, and Others.
The global Wellhead System market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Wellhead System market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
FMC Technologies, Baker Hughes, Aker Solutions, Nabors Industries, Oil States International, Cameron-Schlumberger, Wellhead Systems, GE Grid Solutions, Stream-Flo Industries, National Oilwell Varco, and others are among the major players in the global Wellhead System market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Wellhead System Market has been segmented as below:
Wellhead System Market, By Application
Wellhead System Market, By Type
Wellhead System Market, By Region
Wellhead System Market, By Company
The report covers:
Report Scope:
The global Wellhead System market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Wellhead System market share. Major industry players with significant revenue share include FMC Technologies, Baker Hughes, Aker Solutions, Nabors Industries, Oil States International, Cameron-Schlumberger, Wellhead Systems, GE Grid Solutions, Stream-Flo Industries, National Oilwell Varco, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Wellhead System Market, By Application
5.1 Introduction
5.2 Gas Drilling Well
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Oil Drilling Well
5.3.1 Market Overview
5.3.2 Market Size and Forecast
6. Wellhead System Market, By Type
6.1 Introduction
6.2 Choke
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Flanges
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Hangers
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Master Valve
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Others
6.6.1 Market Overview
6.6.2 Market Size and Forecast
7. Wellhead System Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 North America Wellhead System, By Application
7.2.2 North America Wellhead System, By Type
7.3 Europe
7.3.1 Europe Wellhead System, By Application
7.3.2 Europe Wellhead System, By Type
7.4 Asia-Pacific
7.4.1 Asia-Pacific Wellhead System, By Application
7.4.2 Asia-Pacific Wellhead System, By Type
7.5 Rest of the World
7.5.1 Rest of the World Wellhead System, By Application
7.5.2 Rest of the World Wellhead System, By Type
8. Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9. Company Profiles
9.1 FMC Technologies
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Baker Hughes
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Aker Solutions
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Nabors Industries
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Oil States International
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Cameron-Schlumberger
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 Wellhead Systems
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 GE Grid Solutions
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Stream-Flo Industries
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 National Oilwell Varco
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
The Wellhead System Market has been segmented as below:
Wellhead System Market, By Application
Wellhead System Market, By Type
Wellhead System Market, By Region
Wellhead System Market, By Company
