Market Overview:
The global well-head assembly market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for oil and gas across the globe. Additionally, the growing exploration and production activities in onshore and offshore oilfields are also contributing to the growth of this market. The global well-head assembly market is segmented on the basis of type, application, and region. On the basis of type, it is divided into tube head, controller, valve, and other components. The tube head segment dominates this market owing to its wide usage in various applications such as onshore oilfield development projects and marine oilfield developments projects among others. By application, it is classified into onshore oilfield applications; marine or offshore oilfield applications; shale gas extraction; tight gas fields; enhanced recovery operations (EOR); CO2 flooding operations; water injection wells & steam injection wells among others). North America leads this market due to high investments in shale gas extraction activities in countries such as U S A .
Product Definition:
The well-head assembly is the equipment at the surface of a well that provides a seal between the tubing and casing strings and that supports the weight of the strings, as well as any drilling or production tools.
Tube Head:
The tube head is a device used in the well-head assembly to control and monitor the flow of drilling fluid into the well. It consists of an uppermost section that contains valves for controlling and monitoring, followed by a lower section that has ports for accepting downhole data. The two sections are connected by tubes made from high-density polyethylene or other materials like steel or alloy.
Controller:
The controller is a device that regulates and monitors the flow of fluids in well-head assemblies. It ensures that the desired production is achieved by controlling the rate at which fluids are injected into various components such as pumps, valves, and pipelines. Controllers also ensure that optimal performance is achieved from all equipment used to produce oil or gas including downhole tools, surface tools, workover rigs or wells and artificial lift systems.
Application Insights:
Onshore oilfield was the largest application segment in 2016 and is expected to continue its dominance over the forecast period. The increasing need for crude oil production has led to an increase in WHA installations across onshore fields. Furthermore, growing investments by companies including Statoil, Repsol YPF, and Royal Dutch Shell are projected to boost industry growth over the next eight years.
Marine oilfield is anticipated to register a CAGR of XX% from 2017 to 2030 owing to rising demand for marine well-head assemblies (WHA) that are capable of handling subsea pressures ranging between 1150 psig and 14200 psig with ease.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The U.S., which is a major consumer of these products, has witnessed an increase in demand owing to shale gas exploration activities across the country. Moreover, technological advancements and high oilfield development are expected to drive wellhead assembly demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing offshore drilling activities along with growing energy needs post-COP21 agreement among nations for reducing carbon emission levels into atmosphere (carbon footprint).
Growth Factors:
- Increasing demand for oil and gas across the globe
- Rising investments in the oil and gas sector
- Proliferation of shale gas exploration and production activities
- Technological advancements in well-head assembly equipment
- Growing number of drilling rigs
Scope Of The Report
Report Attributes
Report Details
Report Title
Well-Head Assembly Market Research Report
By Type
Tube Head, Controller, Valve, Other
By Application
Onshore Oilfield, Marine Oil Field, Other
By Companies
Aker Solutions, GENERAL ELECTRIC, National Oilwell Varco, Schlumberger, TechnipFMC, Weir Group, Dril-Quip, Forum Energy Technologies, Nabors Industries, Oil States International, Aker Solutions, Stream-Flo, Wellhead Systems
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
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Well-Head Assembly Market Report Segments:
The global Well-Head Assembly market is segmented on the basis of:
Types
Tube Head, Controller, Valve, Other
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
Onshore Oilfield, Marine Oil Field, Other
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:
- Aker Solutions
- GENERAL ELECTRIC
- National Oilwell Varco
- Schlumberger
- TechnipFMC
- Weir Group
- Dril-Quip
- Forum Energy Technologies
- Nabors Industries
- Oil States International
- Aker Solutions
- Stream-Flo
- Wellhead Systems
Highlights of The Well-Head Assembly 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:
- Tube Head
- Controller
- Valve
- Other
- By Application:
- Onshore Oilfield
- Marine Oil Field
- Other
- 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 Well-Head Assembly 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
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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?
Well-head assembly is a process that involves the installation of components at or near the wellhead, such as valves, tubing, and pumps.
Some of the major players in the well-head assembly market are Aker Solutions, GENERAL ELECTRIC, National Oilwell Varco, Schlumberger, TechnipFMC, Weir Group, Dril-Quip, Forum Energy Technologies, Nabors Industries, Oil States International, Aker Solutions, Stream-Flo, Wellhead Systems.
The well-head assembly 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 Well-Head Assembly 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 Well-Head Assembly Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Well-Head Assembly 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 Well-Head Assembly 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 Well-Head Assembly Market Size & Forecast, 2020-2028 4.5.1 Well-Head Assembly Market Size and Y-o-Y Growth 4.5.2 Well-Head Assembly Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Tube Head
5.2.2 Controller
5.2.3 Valve
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Onshore Oilfield
6.2.2 Marine Oil Field
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Well-Head Assembly 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 Well-Head Assembly 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Tube Head
9.6.2 Controller
9.6.3 Valve
9.6.4 Other
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 Market Size Forecast by Applications
9.10.1 Onshore Oilfield
9.10.2 Marine Oil Field
9.10.3 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Tube Head
10.6.2 Controller
10.6.3 Valve
10.6.4 Other
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 Market Size Forecast by Applications
10.10.1 Onshore Oilfield
10.10.2 Marine Oil Field
10.10.3 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Tube Head
11.6.2 Controller
11.6.3 Valve
11.6.4 Other
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 Market Size Forecast by Applications
11.10.1 Onshore Oilfield
11.10.2 Marine Oil Field
11.10.3 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Tube Head
12.6.2 Controller
12.6.3 Valve
12.6.4 Other
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 Market Size Forecast by Applications
12.10.1 Onshore Oilfield
12.10.2 Marine Oil Field
12.10.3 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Tube Head
13.6.2 Controller
13.6.3 Valve
13.6.4 Other
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) Market Size Forecast by Applications
13.10.1 Onshore Oilfield
13.10.2 Marine Oil Field
13.10.3 Other
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 Well-Head Assembly Market: Competitive Dashboard
14.2 Global Well-Head Assembly Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aker Solutions
14.3.2 GENERAL ELECTRIC
14.3.3 National Oilwell Varco
14.3.4 Schlumberger
14.3.5 TechnipFMC
14.3.6 Weir Group
14.3.7 Dril-Quip
14.3.8 Forum Energy Technologies
14.3.9 Nabors Industries
14.3.10 Oil States International
14.3.11 Aker Solutions
14.3.12 Stream-Flo
14.3.13 Wellhead Systems