Sliding Sleeves Market- Roadmap for Recovery from COVID-19 | Introduction of New Oil & Gas Exploration Policies to Boost Market Growth | Technavio
Technavio has been monitoring the sliding sleeves market and it is poised to grow by USD 743.19 million during 2020-2024, progressing at a CAGR of over 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio's in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
Frequently Asked Questions-
Based on segmentation by application, which is the leading segment in the market?
The onshore segment is expected to be the leading segment based on application in the global market during the forecast period.
What are the major trends in the market?
Adoption of new-generation automated drilling rigs is one of the major trends in the market.
At what rate is the market projected to grow?
Growing at a CAGR of over 3%, the incremental growth of the market is anticipated to be USD 743.19 million.
Who are the top players in the market?
Baker Hughes, a GE company, D&L Oil Tools, Halliburton Co., National Oilwell Varco Inc., NCS Multistage Holdings Inc., Nine Energy Service, Inc., Sapex Group Ltd., Schlumberger Ltd., Schoeller-Bleckmann Oilfield Equipment AG, and Weatherford International plc. are some of the major market participants.
What are the key market drivers and challenges?
Introduction of new oil & gas exploration policies is one of the major factors driving the market. However, the increased adoption of renewable sources of energy will restrain market growth.
How big is the North America market?
The North America region will contribute 49% of market growth.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Baker Hughes, a GE company, D&L Oil Tools, Halliburton Co., National Oilwell Varco Inc., NCS Multistage Holdings Inc., Nine Energy Service, Inc., Sapex Group Ltd., Schlumberger Ltd., Schoeller-Bleckmann Oilfield Equipment AG, and Weatherford International plc are some of the major market participants. The introduction of new oil & gas exploration policies will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The sliding sleeves market report covers the following areas:
Sliding Sleeves Market Size
Sliding Sleeves Market Trends
Sliding Sleeves Market Analysis
This study identifies adoption of new-generation automated drilling rigs as one of the prime reasons driving the sliding sleeves market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist sliding sleeves market growth during the next five years
Estimation of the sliding sleeves market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the sliding sleeves market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of sliding sleeves market vendors
Table of Contents:
Executive Summary
Market Overview
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Application
Market segments
Comparison by Application placement
Onshore - Market size and forecast 2019-2024
Offshore - Market size and forecast 2019-2024
Market opportunity by Application
Customer landscape
Overview
Geographic Landscape
Geographic segmentation
Geographic comparison
MEA - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Drivers, Challenges, and Trends
Market drivers
Volume driver - Demand led growth
Volume driver - Supply led growth
Volume driver - External factors
Volume driver - Demand shift in adjacent markets
Price driver - Inflation
Price driver - Shift from lower to higher-priced units
Market challenges
Market trends
Vendor Landscape
Overview
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
Baker Hughes, a GE company
D&L Oil Tools
Halliburton Co.
National Oilwell Varco Inc.
NCS Multistage Holdings Inc.
Nine Energy Service, Inc.
Sapex Group Ltd.
Schlumberger Ltd.
Schoeller-Bleckmann Oilfield Equipment AG
Weatherford International plc
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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