Global Electric Top Drives Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Electric Top Drives Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Electric Top Drives market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Electric top drives use the power of the existing rig generator to perform the necessary tasks required for drilling applications. Advantages to using an electric top drive include the following benefits: low maintenance, improved performance efficiency, higher torque capacity, and more environmentally friendly.

This report is a detailed and comprehensive analysis for global Electric Top Drives market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Electric Top Drives market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global Electric Top Drives market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global Electric Top Drives market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global Electric Top Drives market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Electric Top Drives

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Electric Top Drives market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include National Oilwell Varco, Canrig Drilling Technology Limited, Tesco Corporation, Cameron International Corporation and Aker Solutions AS, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Electric Top Drives market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

Portable Electric Top Drives

Integrated Electric Top Drives

Market segment by Application

Offshore Rigs

Onshore Rigs

Major players covered

National Oilwell Varco

Canrig Drilling Technology Limited

Tesco Corporation

Cameron International Corporation

Aker Solutions AS

Axon Energy Products

Bentec GMBH Drilling & Oilfield Systems

Daqing Jinghong Petroleum Equipment Corporation

Honghua Group Limited

Warrior Manufacturing Service Limited

Drillmec

Market segment by region, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Electric Top Drives product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Electric Top Drives, with price, sales, revenue and global market share of Electric Top Drives from 2018 to 2023.

Chapter 3, the Electric Top Drives competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Electric Top Drives breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Electric Top Drives market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Top Drives.

Chapter 14 and 15, to describe Electric Top Drives sales channel, distributors, customers, research findings and conclusion.