Market Overview:
The global shallow and deepwater landing string market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for oil and gas across the globe. In addition, the increasing exploration and production activities in offshore areas are also contributing to the growth of this market. The global shallow water landing string market accounted for USD 1,811 million in 2017 and is projected to reach USD 3,023 million by 2030, at a CAGR of 5.5%. The North America region dominated the global shallow water landing string market in 2017 and is projected to maintain its dominance during the forecast period.
Product Definition:
A shallow water landing string (SWL) is a long, heavy pipe that is lowered into the well to the bottom. It helps control the rate of descent of the drill bit and prevents it from bouncing off rocks on the bottom. A deepwater landing string (DLS) is a thin, lightweight pipe that is lowered into the well to keep sand and other debris out of it.
Equipment:
Equipment is used in the process of landing and loading of ships on to the platform. It consists of a series of devices that are lowered or dropped into water from a ship, which forms a connection between the ship and the platform. The equipment includes chains, cables, winches, cranes among others. Different types of platforms have different requirements for these devices depending upon their size and shape among other parameters.
Services:
Landing and service string is a flexible cable or chain that is used to lower the vessel into the water. It consists of nylon monofilaments with steel wire at either end, which are wound around a spool. When lowered into the water, it untwines itself and forms an S-shaped configuration.
Application Insights:
Ultra-deepwater and shallow water landing strings are used for the recovery, mooring and berthing of ships. The ultra-deepwater segment dominated the market in 2017 owing to increasing demand from oil & gas companies for onshore facilities at depths below 200m. Ultra-deepwater vessels can carry out multiple tasks simultaneously as compared to their counterparts operating in deep water which require a different approach when landing or recovering a vessel.
The shallow water segment is expected to witness significant growth over the forecast period due largely to increasing demand from commercial fishing activities along with other industrial operations such as offshore oil & gas production and LNG terminals among others. Shallow waters offer ease in maneuverability which makes them suitable for smaller ports, bays and harbors where larger vessels cannot dock or load/unload efficiently due to lack of space or depth restrictions imposed by nature etc., leading up to higher utilization rates of these landing strings services over others globally.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing deepwater and ultra-deepwater projects in countries such as Brazil, Mexico, and Canada. For instance, according to IEA statistics, deepwater drilling activities increased by nearly 50% from 2013 to 2016 in Canada. Moreover, shale gas developments are also expected to drive the demand for landing strings over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising investments by oil & gas companies operating in this region including China (Dongfeng Motor Co., Ltd.), India (Aditya Birla Grasun Chemicals Ltd), and Japan (Nippon Oil & Gas Corp.). Additionally, growing offshore activities due high availability of resources is likely drive regional product demand over this period (2018 - 2030).
Growth Factors:
- Increasing demand for energy: The global demand for energy is increasing day by day. This will drive the growth of shallow and deepwater landing string market as these products are used to extract oil and gas from the earth’s surface.
- Rising investment in oil and gas industry: The oil and gas industry is witnessing a rise in investment due to the growing demand for energy worldwide. This will lead to an increase in the use of shallow and deepwater landing string products, thereby driving their market growth.
- Technological advancements: With technological advancements, there has been a shift towards unconventional sources of hydrocarbons such as shale gas and tight oil formations which are located at greater depths than conventional reservoirs. This will create opportunities for the growth of shallow and deepwater landing string market as these products are essential for extracting hydrocarbons from such formations safely and efficiently .
Scope Of The Report
Report Attributes
Report Details
Report Title
Shallow and Deepwater Landing String Market Research Report
By Type
Equipment, Services
By Application
Deepwater, Ultra-deepwater, Shallow Water
By Companies
Expro Holdings UK 2 Ltd., National Oilwell Varco Inc., Superior Energy Services Inc., Vallourec SA, Yantai Enerserva Machinery Co. Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Shallow and Deepwater Landing String Market Report Segments:
The global Shallow and Deepwater Landing String market is segmented on the basis of:
Types
Equipment, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Deepwater, Ultra-deepwater, Shallow Water
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Expro Holdings UK 2 Ltd.
- National Oilwell Varco Inc.
- Superior Energy Services Inc.
- Vallourec SA
- Yantai Enerserva Machinery Co. Ltd.
Highlights of The Shallow and Deepwater Landing String Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Equipment
- Services
- By Application:
- Deepwater
- Ultra-deepwater
- Shallow Water
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Shallow and Deepwater Landing String Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Shallow and deepwater landing strings are used to suspend a vessel from a crane.
Some of the major companies in the shallow and deepwater landing string market are Expro Holdings UK 2 Ltd., National Oilwell Varco Inc., Superior Energy Services Inc., Vallourec SA, Yantai Enerserva Machinery Co. Ltd..
The shallow and deepwater landing string market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Shallow and Deepwater Landing String Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Shallow and Deepwater Landing String Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Shallow and Deepwater Landing String Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Shallow and Deepwater Landing String Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Shallow and Deepwater Landing String Market Size & Forecast, 2018-2028
4.5.1 Shallow and Deepwater Landing String Market Size and Y-o-Y Growth
4.5.2 Shallow and Deepwater Landing String Market Absolute $ Opportunity
Chapter 5 Global Shallow and Deepwater Landing String Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Shallow and Deepwater Landing String Market Size Forecast by Type
5.2.1 Equipment
5.2.2 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Shallow and Deepwater Landing String Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Shallow and Deepwater Landing String Market Size Forecast by Applications
6.2.1 Deepwater
6.2.2 Ultra-deepwater
6.2.3 Shallow Water
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Shallow and Deepwater Landing String Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Shallow and Deepwater Landing String Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Shallow and Deepwater Landing String Analysis and Forecast
9.1 Introduction
9.2 North America Shallow and Deepwater Landing String Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Shallow and Deepwater Landing String Market Size Forecast by Type
9.6.1 Equipment
9.6.2 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Shallow and Deepwater Landing String Market Size Forecast by Applications
9.10.1 Deepwater
9.10.2 Ultra-deepwater
9.10.3 Shallow Water
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Shallow and Deepwater Landing String Analysis and Forecast
10.1 Introduction
10.2 Europe Shallow and Deepwater Landing String Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Shallow and Deepwater Landing String Market Size Forecast by Type
10.6.1 Equipment
10.6.2 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Shallow and Deepwater Landing String Market Size Forecast by Applications
10.10.1 Deepwater
10.10.2 Ultra-deepwater
10.10.3 Shallow Water
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Shallow and Deepwater Landing String Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Shallow and Deepwater Landing String Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Shallow and Deepwater Landing String Market Size Forecast by Type
11.6.1 Equipment
11.6.2 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Shallow and Deepwater Landing String Market Size Forecast by Applications
11.10.1 Deepwater
11.10.2 Ultra-deepwater
11.10.3 Shallow Water
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Shallow and Deepwater Landing String Analysis and Forecast
12.1 Introduction
12.2 Latin America Shallow and Deepwater Landing String Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Shallow and Deepwater Landing String Market Size Forecast by Type
12.6.1 Equipment
12.6.2 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Shallow and Deepwater Landing String Market Size Forecast by Applications
12.10.1 Deepwater
12.10.2 Ultra-deepwater
12.10.3 Shallow Water
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Shallow and Deepwater Landing String Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Shallow and Deepwater Landing String Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Shallow and Deepwater Landing String Market Size Forecast by Type
13.6.1 Equipment
13.6.2 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Shallow and Deepwater Landing String Market Size Forecast by Applications
13.10.1 Deepwater
13.10.2 Ultra-deepwater
13.10.3 Shallow Water
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Shallow and Deepwater Landing String Market: Competitive Dashboard
14.2 Global Shallow and Deepwater Landing String Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Expro Holdings UK 2 Ltd.
14.3.2 National Oilwell Varco Inc.
14.3.3 Superior Energy Services Inc.
14.3.4 Vallourec SA
14.3.5 Yantai Enerserva Machinery Co. Ltd.
