Global Oilfield Catwalks Market, By Type (Mechanized, Hydraulic, Automated), By Location (Onshore, Offshore), By Application (Rod Handling, Productivity, Cycle Time, Rapid Rig-Up, Wireless Control System), By Region, Competition Forecast and Opportunities, 2017-2027
Global oilfield catwalks market is expected to grow at a significant rate during the forecast period. The market growth can be attributed to the growing need for maximizing output of the oil reserves and rapidly increasing demand for oil and gas around the globe. Oilfield catwalks are elongated platforms utilized for the transportation of tubular objects and ancillary equipment. Rising energy demands from various end-user industries and rapidly increasing number of discovered wells are contributing to the growth of the global oilfield catwalks market. Besides, growing exploration and production activities and advancements in oil machinery are further driving the growth of the global oilfield catwalk market during the forecast period. Additionally, added advantages of the oilfield catwalks such as reduced manual handling, enhanced safety, overload protection, emergency load lowering, etc. are fueling the growth of the global oilfield catwalks market. Moreover, rising number of market players involved in the evolution and advancements of the oil machinery and equipment are expected to drive the adoption of oilfield catwalks during the forecast period. Stringent safety measures at the oilfields to enhance workers’ safety during operations and growing advancements in the oil machinery are further expected to drive the growth of the global oilfield catwalks market.
The global oilfield catwalks market segmentation is based on type, location, application, regional distribution, and competitive landscape. Based on location, the market is divided into onshore and offshore. Onshore locations are anticipated to dominate the global oilfield catwalks market during the forecast period on account of increasing excavations of oil and gas. On the basis of location, the market is differentiated between onshore and offshore. Based on application, the market is further segmented into rod handling, productivity, cycle time, rapid rig-up, and wireless control system. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific region, North American region, European region, South American region, and Middle East & African region.
Major players operating in the global oilfield catwalks market are Forum Energy Technologies Inc., National Oilwell Varco, Bentec GmbH Drilling & Oilfield Systems, Axiom Oilfield Solutions Ltd., Schlumberger Limited, WYCE Innovations, Weatherford International, etc.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F–2027F
Objective of the Study:
- To analyze the historical growth in the market size of global oilfield catwalks market from 2017 to 2021.
- To estimate and forecast the market size of global oilfield catwalks market from 2022E to 2027F and growth rate until 2027F.
- To classify and forecast global oilfield catwalks market based on type, location, application, region, and competitive landscape.
- To identify dominant region or segment in the global oilfield catwalks market.
- To identify drivers and challenges for global oilfield catwalks market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global oilfield catwalks market.
- To identify and analyze the profile of leading players operating in the global oilfield catwalks market.
- To identify key sustainable strategies adopted by market players in the global oilfield catwalks market.
Report Scope:
In this report, global oilfield catwalks market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Oilfield Catwalks Market, By Type:
- Mechanized
- Hydraulic
- Automated
- Oilfield Catwalks Market, By Location:
- Onshore
- Offshore
- Oilfield Catwalks Market, By Application:
- Rod Handling
- Productivity
- Cycle Time
- Rapid Rig-Up
- Wireless Control System
- Oilfield Catwalks Market, By Region:
- North America
- United States
- Mexico
- Canada
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- Poland
- Denmark
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Turkey
- Iraq
- South America
- Brazil
- Argentina
- Colombia
- Peru
- Chile
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global oilfield catwalks market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Oilfield catwalks manufacturing companies/partners
- Suppliers/Distributers
- End-Users
- Government bodies such as regulating authorities and policy makers
- Organizations, industry associations, forums and alliances related to global oilfield catwalks market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, partners, end users, etc. besides allowing them in strategizing investments and capitalizing on market opportunities.
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global oilfield catwalks market.
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
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