Oilfield Rotary Table Market
Oilfield Rotary Table Market Global Industry Assessment & Forecast
#
Pages:
160
2021
Nov - 2021
VMR-2021-0462
Segments Covered
By
Type 500 Tons – 1, 000 Tons, 1, 000 Tons – 1, 500 Tons
-
By
Application Onshore, Off-shore
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
1536.12 Million |
 Revenue 2028:
|
2448.31 Million |
 Revenue CAGR
(2021 - 2028): |
6 |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Type Analysis: Preview
On the basis of Type, the market is segmented into 500 Tons – 1,000 Tons, 1,000 Tons – 1,500 Tons. 1,000 Tons – 1,500 Tons held the highest share in the global Oilfield Rotary Table market and is projected to witness the same trend during the forecast period.
Application Analysis: Preview
Based on Application, the market is segmented into Onshore, Off-shore. Onshore accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Analysis: Preview
Based on , the market is segmented into . dominates the global Oilfield Rotary Table market and is expected to continue the same trend from 2021 to 2028.
Global Oilfield Rotary Table Market: Type Segment Analysis
-
- 500 Tons – 1
- 000 Tons
- 1
- 000 Tons – 1
- 500 Tons
Global Oilfield Rotary Table Market: Application Segment Analysis
-
- Onshore
- Off-shore
FAQ
Frequently Asked Question
What is the global demand for Oilfield Rotary Table in terms of revenue?
-
The global Oilfield Rotary Table valued at 1536.12 Million in 2020 and is expected to reach 2448.31 Million in 2028 growing at a CAGR of 6%.
Which are the prominent players in the market?
-
The prominent players in the market are National Oilwell Varco Inc, Schlumberger Ltd, CMIC Ocean En-Tech Holding Co Ltd, MHWirth AS, RM Holding BV, Chengdu Zhonghang Machinery Co Ltd..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Oilfield Rotary Table include
- The rapid globalization as well as industrial development all over the world resulted in a steep rise in demand for oil & gas in market. This has impacted positively and is resulted in increasing number of excavation and production activities of oil & gas players. This in turn has increased the demand for oilfield rotary tables and supporting the growth of the market.
- The increasing technologies for improving productivity is expected to support the growth of the market in the near future.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Oilfield Rotary Table in 2020.
