Global Frac Tree Industry Overview
The increasing applications of loT in the oil and gas industry has been one of the key trends in the market growth. Oil and gas E&P activities generate a large amount of data during the well drilling process. The integration of loT in industrial operations for improved processing and automation provides an analytical as well as the calculated approach to oil and gas production. This reduces the risk, diminishes non- productive time (NPT) and lessens the uncertainty in the process. The integration of loT for data acquisition and the use of data analytics and machine learning support the efficiency of the tools used in the fracking process. Such improvement in accuracy for unconventional E&P projects has driven the adoption in loT in the freaking process, in turn, supporting the growth in the global frac tree market.
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Get a FREE sample now!
Companies covered
The frac tree market is fragmented since the market has a number of companies. The technological advancement in the oil and gas industry have been aimed at improving the efficiency and optimization of the output from the requisite equipment to support enhance hydrocarbon production. Such factors in the market will intensify the competition among the players and will also encourage new players to invest in the market. This frac tree industry analysis report will aid clients in identifying new growth opportunities and designing new growth strategies.
The report offers a complete analysis of frac tree manufactures including:
- Expro Group
- Oil States International
- Schlumberger
- Stream-Flo Industries
- The Weir Group
Frac tree market growth based on geographic region
With a complete study of the growth opportunities for companies across Americas, APAC, and EMEA, our industry research analysts have estimated that countries in Americas will contribute the most growth of this frac tree market a throughout the predicted period.
Frac tree market growth based on application
According to our market research experts, the onshore application will account for the largest share of the market. This report provides an accurate prediction of the contribution of the various end-user segments to the growth of the frac tree market size.
Get more value with Technavio’s subscription platform! Gain easy access to all of Technavio’s reports, along with on-demand services. Start your 14-day FREE Trial!
Key highlights of the global frac tree market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the frac tree market during the next five years
- Precise estimation of the global frac tree market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the frac tree industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive information about factors that will challenge the growth of frac tree manufactures
Want to dial in on a specific region or segment? We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
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 trends
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- Americas - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- EMEA - 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
- the of frac sites to reduce waste
- Increasing applications of IoT in the oil and gas industry
- Adoption of supercritical carbon dioxide in fracking
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Expro Group
- Oil States International
- Schlumberger
- Stream-Flo Industries
- The Weir Group
PART 14: APPENDIX
- Research methodology
- List of abbreviations
PART 15: EXPLORE TECHNAVIO