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COVID-19 Impact & Recovery Analysis- Oilfield Crown Block Market (2019-2023) | The Increasing Number of Active Rigs to Boost Growth | Technavio

LONDON--(BUSINESS WIRE)--#GlobalOilfieldCrownBlockMarket--Technavio has been monitoring the oilfield crown block market and it is poised to grow by USD 2.1 mn during 2019-2023, progressing at a CAGR of almost 6% 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.



Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report of 2020-2024

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. American Block Inc., CHENGDU ZHONGHANG MACHINERY CO., LTD, MHWirth, Puyang Sida Petroleum Machinery Co., Ltd, and The Crosby Group are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The increasing number of active rig counts have been instrumental in driving the growth of the market.

Oilfield Crown Block Market 2019-2023 : Segmentation

Oilfield Crown Block Market is segmented as below:

  • Application
    • Onshore
    • Offshore
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR31038

Oilfield Crown Block Market 2019-2023 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our oilfield crown block market report covers the following areas:

  • Oilfield Crown Block Market size
  • Oilfield Crown Block Market trends
  • Oilfield Crown Block Market industry analysis

This study identifies advances in oilfield crown block-associated technologies as one of the prime reasons driving the oilfield crown block market growth during the next few years.

Oilfield Crown Block Market 2019-2023 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the oilfield crown block market, including some of the vendors such as American Block Inc., CHENGDU ZHONGHANG MACHINERY CO., LTD, MHWirth, Puyang Sida Petroleum Machinery Co., Ltd, and The Crosby Group. Backed with competitive intelligence and benchmarking, our research reports on the oilfield crown block market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Oilfield Crown Block Market 2019-2023 : Key Highlights

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will assist oilfield crown block market growth during the next five years
  • Estimation of the oilfield crown block market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the oilfield crown block market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of oilfield crown block market vendors

Table Of Contents :

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Onshore - Market size and forecast 2018-2023
  • Offshore - Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increase in upstream deepwater and ultra-deepwater projects
  • Advances in oilfield crown block-associated technologies
  • Declining cost of raw materials

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • American Block Inc.
  • CHENGDU ZHONGHANG MACHINERY CO., LTD
  • MHWirth
  • Puyang Sida Petroleum Machinery Co., Ltd
  • The Crosby Group

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations

About Us

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.


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