Landing String Equipment Market | Evolving Opportunities with Enovate Systems Ltd. and Expro Holdings UK2 Ltd. | Technavio

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Jun 21, 2022, 21:15 ET

NEW YORK, June 21, 2022 /PRNewswire/ -- The Landing String Equipment market size is expected to grow by USD 310 million at a CAGR of over 6.21% during the forecast period. APAC will account for 40% of market growth. In APAC, China is the primary market for landing string equipment. This region's market will grow more quickly than other regions' markets.

Over the forecast period, the abundance of deepwater and ultra-deepwater oil and gas projects will support the expansion of the landing string equipment market in APAC.

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An important element influencing the growth of the global market for landing strong equipment is the increase in deepwater and ultra-deepwater E&P activities. Due to significant undeveloped assets, oil and gas corporations have changed their attention to offshore E&P from shallow waters to deepwater and ultra-deepwater resources. Over the past few years, there has been an increase in deepwater and ultra-deepwater oil and gas developments.

However, the rise of renewable energy will be a major challenge for the global landing string equipment market share growth during the forecast period.

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Major Five Landing String Equipment Companies:

Enovate Systems Ltd.- The company offers landing string equipment for various industrial applications.
National Oilwell Varco Inc.- The company offers landing string equipment under the brand, Grant Prideco.
Quail Tools LP- The company offers rental tools such as blowout preventers, pressure controllers, gate valves, drill pipes, landing strings, drill collars, tubing, and associated handling tools to the oil and gas industry.
Schlumberger Ltd.- The company offers subsea landing string services including exploration, appraisal, development, and production.
WellPartner AS- The company offers various products such as riser systems, tension systems, casing landing assembly, umbilical deployment systems, and other products.

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Landing String Equipment Market Application Outlook (Revenue, USD mn, 2021-2025)

Deepwater - size and forecast 2021-2025
Ultra-deepwater - size and forecast 2021-2025
Shallow water - size and forecast 2021-2025

Landing String Equipment Market Geography Outlook (Revenue, USD mn, 2021-2025)

APAC - size and forecast 2021-2025
MEA - size and forecast 2021-2025
Europe - size and forecast 2021-2025
North America - size and forecast 2021-2025
South America - size and forecast 2021-2025

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Landing String Equipment Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of 6.21%
Market growth 2021-2025	$ 310 million
Market structure	Fragmented
YoY growth (%)	4.54
Regional analysis	APAC, MEA, Europe, North America, and South America
Performing market contribution	APAC at 40%
Key consumer countries	China, US, Saudi Arabia, Germany, and UK
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	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.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

2 Market Landscape

2.1 Market ecosystem

Exhibit 01: Parent market
Exhibit 02: Market characteristics

2.2 Value chain analysis

Exhibit 03: Value Chain analysis- Oil and Gas Equipment and Services

3 Market Sizing

3.1 Market definition

Exhibit 04: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 05: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021 - 2025

Exhibit 06: Global - Market size and forecast 2021 - 2025 ($ million)
Exhibit 07: Global market: Year-over-year growth 2021 - 2025 (%)

4 Five Forces Analysis

4.1 Five force summary

Exhibit 08: Five forces analysis 2021 & 2025

4.2 Bargaining power of buyers

Exhibit 09: Bargaining power of buyers

4.3 Bargaining power of suppliers

Exhibit 10: Bargaining power of suppliers

4.4 Threat of new entrants

Exhibit 11: Threat of new entrants

4.5 Threat of substitutes

Exhibit 12: Threat of substitutes

4.6 Threat of rivalry

Exhibit 13: Threat of rivalry

4.7 Market condition

Exhibit 14: Market condition - Five forces 2021

5 Market Segmentation by Application

5.1 Market segments

Exhibit 15: Application - Market share 2021-2025 (%)

5.2 Comparison by Application

Exhibit 16: Comparison by Application

5.3 Deepwater - Market size and forecast 2021-2025

Exhibit 17: Deepwater - Market size and forecast 2021-2025 ($ million)
Exhibit 18: Deepwater - Year-over-year growth 2021-2025 (%)

5.4 Ultra-deepwater - Market size and forecast 2021-2025

Exhibit 19: Ultra-deepwater - Market size and forecast 2021-2025 ($ million)
Exhibit 20: Ultra-deepwater - Year-over-year growth 2021-2025 (%)

5.5 Shallow water - Market size and forecast 2021-2025

Exhibit 21: Shallow water - Market size and forecast 2021-2025 ($ million)
Exhibit 22: Shallow water - Year-over-year growth 2021-2025 (%)

5.6 Market opportunity by Application

Exhibit 23: Market opportunity by Application

6 Customer landscape

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 25: Market share by geography 2021-2025 (%)

7.2 Geographic comparison

Exhibit 26: Geographic comparison

7.3 APAC - Market size and forecast 2021-2025

Exhibit 27: APAC - Market size and forecast 2021-2025 ($ million)
Exhibit 28: APAC - Year-over-year growth 2021-2025 (%)

7.4 MEA - Market size and forecast 2021-2025

Exhibit 29: MEA - Market size and forecast 2021-2025 ($ million)
Exhibit 30: MEA - Year-over-year growth 2021-2025 (%)

7.5 Europe - Market size and forecast 2021-2025

Exhibit 31: Europe - Market size and forecast 2021-2025 ($ million)
Exhibit 32: Europe - Year-over-year growth 2021-2025 (%)

7.6 North America - Market size and forecast 2021-2025

Exhibit 33: North America - Market size and forecast 2021-2025 ($ million)
Exhibit 34: North America - Year-over-year growth 2021-2025 (%)

7.7 South America - Market size and forecast 2021-2025

Exhibit 35: South America - Market size and forecast 2021-2025 ($ million)
Exhibit 36: South America - Year-over-year growth 2021-2025 (%)

7.8 Key leading countries

Exhibit 37: Key leading countries

7.9 Market opportunity by geography

Exhibit 38: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

Exhibit 39: Impact of drivers and challenges

8.3 Market trends

9 Vendor Landscape

9.1 Vendor Landscape

Exhibit 40: Vendor landscape

9.2 Landscape disruption

Exhibit 41: Landscape disruption
Exhibit 42: Industry risks

10 Vendor Analysis

10.1 Vendors covered

Exhibit 43: Vendors covered

10.2 Market positioning of vendors

Exhibit 44: Market positioning of vendors

10.3 Enovate Systems Ltd.

Exhibit 45: Enovate Systems Ltd. - Overview
Exhibit 46: Enovate Systems Ltd. - Product and service
Exhibit 47: Enovate Systems Ltd. - Key offerings

10.4 Expro Holdings UK2 Ltd.

10.5 National Oilwell Varco Inc.

Exhibit 53: National Oilwell Varco Inc. - Overview
Exhibit 54: National Oilwell Varco Inc. - Business segments
Exhibit 55: National Oilwell Varco Inc. - Key news
Exhibit 56: National Oilwell Varco Inc. - Key offerings
Exhibit 57: National Oilwell Varco Inc. - Segment focus

10.6 Quail Tools LP

Exhibit 58: Quail Tools LP - Overview
Exhibit 59: Quail Tools LP - Product and service
Exhibit 60: Quail Tools LP - Key offerings

10.7 Schlumberger Ltd.

Exhibit 61: Schlumberger Ltd. - Overview
Exhibit 62: Schlumberger Ltd. - Business segments
Exhibit 63: Schlumberger Ltd. - Key news
Exhibit 64: Schlumberger Ltd. - Key offerings
Exhibit 65: Schlumberger Ltd. - Segment focus

10.8 Superior Energy Services Inc.

Exhibit 66: Superior Energy Services Inc. - Overview
Exhibit 67: Superior Energy Services Inc. - Business segments
Exhibit 68: Superior Energy Services Inc. - Key offerings
Exhibit 69: Superior Energy Services Inc. - Segment focus

10.9 thyssenkrupp AG

Exhibit 70: thyssenkrupp AG - Overview
Exhibit 71: thyssenkrupp AG - Business segments
Exhibit 72: thyssenkrupp AG - Key news
Exhibit 73: thyssenkrupp AG - Key offerings
Exhibit 74: thyssenkrupp AG - Segment focus

10.10 Vallourec SA

Exhibit 75: Vallourec SA - Overview
Exhibit 76: Vallourec SA - Business segments
Exhibit 77: Vallourec SA - Key offerings
Exhibit 78: Vallourec SA - Segment focus

10.11 WellPartner AS

Exhibit 79: WellPartner AS - Overview
Exhibit 80: WellPartner AS - Product and service
Exhibit 81: WellPartner AS - Key offerings

10.12 Yantai Enerserva Machinery Co. Ltd.

Exhibit 82: Yantai Enerserva Machinery Co. Ltd. - Overview
Exhibit 83: Yantai Enerserva Machinery Co. Ltd. - Product and service
Exhibit 84: Yantai Enerserva Machinery Co. Ltd. - Key offerings

11 Appendix

11.1 Scope of the report

11.2 Currency conversion rates for US$

Exhibit 85: Currency conversion rates for US$

11.3 Research methodology

Exhibit 86: Research Methodology
Exhibit 87: Validation techniques employed for market sizing
Exhibit 88: Information sources

11.4 List of abbreviations

Exhibit 89: List of abbreviations

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