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Pressure Control Equipment Market Size, Share, Report, Analysis, Trends & Forecast to 2026

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According to Stratistics MRC, the Global Pressure Control Equipment market is accounted for $5.4 billion in 2017 and is expected to reach $9.6 billion by 2026 growing at a CAGR of 6.6%.

— Technical development in oilfield equipment and increase in eccentric hydrocarbon production are some of the key factors boosting the growth of the market. However, dropping drilling activities and fix counts are hindering the market growth.

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Based on the component, control head segment to grow at the highest rate as these is mainly used to improve personal protection and surrounding safety. In drilling application, control head provides a minor barrier to the discharge of good fluids on the rig floor and the work over operations involving the use of nitrogen or other gases occasionally use control heads.

Depending on the geography, North America region is predicted to dominate, as the region is the new swing producer in oil markets due to the boost in the manufacturing of both shale process and deepwater exploration.

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Some of the key players in the Pressure Control Equipment market includeThe Weir Group, TIS Manufacturing, Weatherford International, FHE, GKD Industries, Baker Hughes, A Ge Company, Brace Tool, Hunting, Integrated Equipment, IoT Group, Lee SPECialties, National Oilwell Varco, Schlumberger, and The IKM Group.

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Types Covered:
Low Pressure (Below 10,000 PSI)
High Pressure (Above 10,000 PSI)

Control Head
Christmas Tree (Flow Tee)
Wellhead Flange
Quick Unions
Adapter Flange
Other Components

Applications Covered:

Regions Covered:
North America
o US
o Canada
o Mexico
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
South America
o Argentina
o Brazil
o Chile
o Rest of South America
Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929

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Source: MarketersMedia

Release ID: 489958

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