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Report Overview

The global landing string equipment market is projected to grow at a CAGR of almost 7% over the forecast period of 2024-2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Landing String Equipment Market

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The rapid advancement in landing string technologies, along with the growing demand for landing string optimisation for use in subsea wells, which can offer quick sealing and shutting, and enhanced well control during adverse weather conditions, is driving the industry growth. Further, the landing control systems with a lower footprint help to reduce operating expenses by minimising rig up times, the deck space, and ancillary support facilities.

Market Segmentation

A landing string is a heavy-duty dense wall drill pipe that can be used for drilling as well as for landing heavy casing strings in the well or heavy equipment on the sea bed. The global landing string equipment market can be divided based on segments like applications and regions.

Market Breakup by Application

  • Deepwater
  • Ultra-Deepwater
  • Shallow Water
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Global Landing String Equipment Market

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Market Analysis

The average price of imported crude oil is gradually recovering. Due to the recovery of global crude oil prices, the possibility of high revenues has motivated oil and gas companies to increase their investment in fresh drilling projects, which is driving the growth of the global landing string equipment industry. The growing investment in oil and gas projects is further boosting the offshore drilling projects. Thus, the demand for landing strings has also risen in offshore drilling rigs. The rising number of offshore rigs will, therefore, be an important factor driving the development of the global landing string equipment market in the future.

Global Landing String Equipment Market

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global landing string equipment market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Schlumberger Ltd
  • National Oilwell Varco Inc.
  • Superior Energy Services Inc.
  • Enovate Systems Ltd
  • Yantai Enerserva Machinery Co. Ltd.
  • Expro Holdings UK 2 Ltd.
  • Vallourec SA
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Landing String Equipment Market Report Snapshots

Landing String Equipment Market Size

Landing String Equipment Market Analysis

Landing String Equipment Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global landing string equipment market is projected to grow at a CAGR of 7% between 2024 and 2032.

The market is being driven by rapid innovations in landing string technology, increased demand for landing string optimisation for use in subsea wells, enhanced well control during poor weather conditions, and reduced operational expenditures.

Key trends like the recovery of global crude oil prices and the prospect of increased disposable incomes are projected to aid the market during the forecast period.

The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The major applications include deep water, ultra-deep water, and shallow water, among others.

The major players in the industry are Schlumberger Ltd, National Oilwell Varco Inc., Superior Energy Services Inc., Enovate Systems Ltd, Yantai Enerserva Machinery Co. Ltd., Expro Holdings UK 2 Ltd., Vallourec SA and Others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Application
  • Region
Breakup by Application
  • Deepwater
  • Ultra-Deepwater
  • Shallow Water
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Schlumberger Ltd
  • National Oilwell Varco Inc.
  • Superior Energy Services Inc.
  • Enovate Systems Ltd
  • Yantai Enerserva Machinery Co. Ltd.
  • Expro Holdings UK 2 Ltd.
  • Vallourec SA
  • Others
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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124