Technavio has been monitoring the choke and kill manifold market and it is poised to grow by USD 1.23 bn during 2020-2024, progressing at a CAGR of almost 8% 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.
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Technavio has announced its latest market research report titled Global Choke and Kill Manifold Market 2020-2024 (Graphic: Business Wire)
Increase in global rig count has been instrumental in driving the growth of the market. However, growing adoption of renewable sources of energy might hamper market growth. Request a free sample report
Choke and Kill Manifold Market 2020-2024: Segmentation
Choke and Kill Manifold Market is segmented as below:
- North America
- South America
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Choke and Kill Manifold Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our choke and kill manifold market report covers the following areas:
- Choke and Kill Manifold Market Size
- Choke and Kill Manifold Market Trends
- Choke and Kill Manifold Market Industry Analysis
This study identifies rise in consumption of oil and gas as one of the prime reasons driving the choke and kill manifold market growth during the next few years.
Choke and Kill Manifold Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the choke and kill manifold market, including some of the vendors such as Awaltek Sdn Bhd, AXON Pressure Products Inc., Camtop (Shanghai) Machinery Equipment Co. Ltd., EthosEnergy Group Ltd., GTP Solutions, National Oilwell Varco Inc., Schlumberger Ltd., TechnipFMC Plc, Worldwide Oilfield Machine Inc. and Yantai Jereh Oilfield Services Group Co. Ltd. Backed with competitive intelligence and benchmarking, our research reports on the choke and kill manifold market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Choke and Kill Manifold Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist choke and kill manifold market growth during the next five years
- Estimation of the choke and kill manifold market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the choke and kill manifold market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of choke and kill manifold market vendors
Table of Contents:
- Market Overview
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- 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
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- MEA - 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
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Awaltek Sdn Bhd
- AXON Pressure Products Inc.
- Camtop (Shanghai) Machinery Equipment Co. Ltd.
- EthosEnergy Group Ltd.
- GTP Solutions
- National Oilwell Varco Inc.
- Schlumberger Ltd.
- TechnipFMC Plc
- Worldwide Oilfield Machine Inc.
- Yantai Jereh Oilfield Services Group Co. Ltd.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.