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Positive Displacement Motor Market 2019-2023

  • Published: Oct 2018
  • Pages: 109
  • SKU: IRTNTR30083
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The global positive displacement motor market size will grow by USD 2.28 billion during 2019-2023. This report offers an analysis of the market based on application (onshore and offshore) and geography (the Americas, APAC, and EMEA). The positive displacement motor market research report further analyzes the market’s competitive landscape and offers information on several companies including Halliburton, MATRRIX Energy Technologies, Nabors Industries, Schlumberger, and Weatherford.

Below are some of the key findings from the positive displacement motor market research report

Positive Displacement Motor Market

 

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Global positive displacement motor industry overview

The growing use of liquid fuel is one of the primary factors driving the global positive displacement motor market growth. Increasing industrialization and urbanization, especially in developing countries is expected to contribute to the rising liquid fuel consumption globally. According to US EIA, the global liquid fuel consumption was 100.09 mbpd in September 2018, and the demand for fuel will further increase during the forecast period. To cater to this growing demand, leading oil and gas companies have increased their production through E&P activities in new and existing oil and gas sites. Investments in deepwater and ultra-deepwater projects for offshore drilling is rising. With the increase in fuel consumption, the demand for upstream oil and gas activities will also grow. This will raise the demand for positive displacement motor for directional and offshore drilling, and support the positive displacement motor market growth.

The increasing applications of IoT in O&G sector is one of the major trends expected to further stimulate the positive displacement motor market growth. The integration of automation in drilling activities in being applied to several operations in drilling process, to improve their efficiency. GPS, sensors, wireless communication, real-time data acquisition, and innovations are being implemented in drilling equipment. The integration of IoT reduces risks and uncertainties in the process and supports the maximum recovery of hydrocarbons available in the reserve. This will also improve the accuracy of E&P operations for oil companies by providing better data and decision-making abilities. The positive displacement motor market forecast report predicts that fueled by these factors, the market will grow at a CAGR of over 7% during the forecast period.

Top positive displacement motor companies covered in this market research report

The positive displacement motor market is highly fragmented. The market is in the growth phase and the competition is expected to become less intense by the end of the next five years. By offering a complete analysis of the market's competitive landscape and with information on the products offered by the companies, this positive displacement motor industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

  • Halliburton
  • MATRRIX Energy Technologies 
  • Nabors Industries
  • Schlumberger
  • Weatherford

Positive displacement motor market segmentation based on geographic regions

  • Americas
  • APAC
  • EMEA

Global positive displacement motor market analysis reveals that the Americas will continue to dominate the positive displacement motor market share until 2023. The Americas will also account for the highest positive displacement motor market growth throughout the forecast period.

Positive displacement motor market segmentation based on application

  • Onshore
  • Offshore

The onshore applications will lead the positive displacement motor market share during the forecast period. Offshore applications will account for the highest positive displacement motor market growth. Additionally, the report also provides an accurate prediction of the contribution of the various application segments to the growth of the positive displacement motor market size.

Key highlights of the global positive displacement motor 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 positive displacement motor market during the next five years
  • Precise estimation of the global positive displacement motor market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the positive displacement motor industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market's competitive landscape and detailed information on several vendors
  • Comprehensive details on the factors that will challenge the growth of positive displacement motor companies

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Read More Read Less

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 application

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

  • Increasing applications of IoT in oil and gas sector 
  • Deepwater and ultra-deepwater drilling activities
  • Consolidation of oilfield services

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Halliburton
  • MATRRIX Energy Technologies  
  • Nabors Industries
  • Schlumberger
  • Weatherford

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations

PART 15: EXPLORE TECHNAVIO

 

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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