Positive Displacement Motor Market 2019-2023
- Published: Oct 2018
- Pages: 109
- SKU: IRTNTR30083
The 2022-2026 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!
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
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!
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:
- MATRRIX Energy Technologies
- Nabors Industries
Positive displacement motor market segmentation based on geographic regions
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
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
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 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
- Landscape disruption
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- MATRRIX Energy Technologies
- Nabors Industries
PART 14: APPENDIX
- Research methodology
- List of abbreviations
PART 15: EXPLORE TECHNAVIO
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.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Get your FREE sample now!
Get the report (PDF) sent to your email within minutes.
Subscribe & Save
Get lifetime access to our
Did you know?
Did you know?
Did you know?
Want to customize this report?
This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.