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Christmas Tree Valves Market Outlook 2023 to 2033

As per newly released data by Future Market Insights (FMI), the Christmas tree valves market is estimated at USD ~3 billion in 2023, and is projected to reach USD ~4.4 billion by 2033, at a CAGR of ~3.9% from 2023 to 2033.

Increasing oil exploration activities across the globe is anticipated to drive the sales in this market. The ongoing advancement in remote monitoring and automation solutions is also likely to propel the growth in this market.

Christmas tree valves are primarily utilized in advanced gas and oil wells where the pressure for the natural flow of fuels is sufficient. These are considered to be a structure of chokes, gauges, spools, and valves, which make them look like a Christmas tree, hence the name. They are capable of acting as a connector between the over-oil well and under-oil well activities.

A sophisticated surface Christmas tree contains at least four to five valves, typically arranged in a crucifix pattern, whereas a basic surface tree has two or three manual valves to restrict the flow of fluid when fully open.

Attribute Details
Estimated Christmas Tree Valves Market Size (2023E) US$ 3 Billion
Projected Christmas Tree Valves Market Valuation (2033F) US$ 4.4 Billion
Value-based CAGR (2023 to 2033) 3.9%
Collective Value Share: Top 5 Countries (2023A) 55% to 65%

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2018 to 2022 Global Christmas Tree Valves Market Outlook Compared to 2023 to 2033 Forecast

The Christmas tree valves market is expected to register ~3.9% CAGR between 2023 and 2033, up from ~3.4% CAGR recorded during 2018 to 2022.

In the early days, Christmas tree valves were mainly used in newly drilled gas and oil wells where there was insufficient pressure for the natural flow. But, the lack of natural flow gradually compelled operators to utilize artificial lift systems instead of these valves.

However, from 2018, they started becoming more popular in the oil and gas industry owing to the increasing demand for crude oil across the globe. At the same time, the rapid technological advancements in this field resulted in the higher adoption of Christmas tree valves among oil and gas companies.

The ability of these valves to serve a large number of purposes, such as providing electrical interfaces for control systems, relieving pressure, monitoring safety equipment, and injecting chemicals, is expected to spur the growth in this market.

Comparative View of Adjacent Christmas Tree Valves Market

The global Christmas Tree Valves market is set to be impacted by the peer, or tangential markets in the industry. These include industrial valve market and expansion valve market. On analysis of these related industries future market insights has found profound insights that will be helpful for developing unique differentiating strategies to pursue for growth and opportunity.

Christmas Tree Valves Market:

Attribute Christmas Tree Valves Market
CAGR (2023 to 2033) ~3.9%
Market Value (2023) US$ 3 Billion
Growth Factor Demand from Crude Oil Extraction Industries
Key Trend Surge in Technologically Advanced Christmas Tree Valves

Industrial Valve Market:

Attribute Industrial Valve Market
CAGR (2023 to 2033) ~4.2%
Market Value (2023) US$ 74.8 Billion
Growth Factor Ever-increasing Demand from Oil & Gas, Chemical & Water Treatment Industries
Key Trend Adoption of Industrial Internet of Things

Expansion Valve Market:

Attribute Expansion Valve Market
CAGR (2023 to 2033) ~11.5%
Market Value (2023) US$ 4.2 Billion
Growth Factor Expanding residential Sector
Key Trend Manufacturers Focusing On Research & Development
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Key Dynamics in the Christmas Tree Valves Market Worldwide

  • Crude Oil Exploration a Primary Contributor to Christmas Tree Valves Market Growth

The rising number of exploration activities and high investments in the crude oil sector across the globe are expected to emerge as chief growth multipliers for the market. Christmas tree valves provide numerous benefits, such as controlling the injection of gas on non-producing or producing wells and preventing blockages, which, in turn, would drive their demand worldwide.

In addition, various key players operating in different parts of the world are likely to broaden their presence and bag novel contracts to initiate new oil and gas exploration projects in the upcoming years.

For instance, in 2022, United Energy, Enap Sipetrol, INA Naftaplin, Energean Egypt, Apex International, BP, and Eni were awarded with eight oil and gas exploration concession areas by Egypt in the Gulf of Suez, Western Desert, and Mediterranean. Such industry developments are likely to affect the demand for Christmas tree valves positively in the near future.

  • Rapid Urbanization Impacting the Market

The world's population growth and fast urbanization have placed a great deal of burden on governments. Governments today must work very hard to provide inhabitants with a variety of amenities. The industrial valves industry now has substantial growth potential as a result.

Governments all over the world are paying more money to provide every family with necessities like gas and freshwater. To supply fresh water, new water treatment facilities are being developed. In order to supply gas to both residential and non-residential structures, numerous new pipeline projects are created. Industrial valves are being used more frequently to regulate the flow of gas throughout gas distribution systems.

Throughout the projected period, the market for industrial valves is expected to rise due to significant advances in the water sector and the construction of new gas distribution networks.

  • Manufacturers Focusing on Energy Conservation

Future valve designs that are more effective (in terms of less pressure drop in the fully open state) are anticipated to be more crucial. This might lead to the development of novel valve designs or the selection of current valve types that naturally have reduced pressure loss (for example a straight-through full-port gate, ball, or pinch valve vs. a globe valve).

Moreover, the future global sales of throttling valves may suffer from the expanding use of variable speed drives for pumps. Variable speed pump proponents emphasize the potential elimination of the throttling valve as a capital cost savings as well as the overall system energy savings.

Market Statistics Details
Jan to Jun (H1), 2023 (A) 3.8%
Jul to Dec (H2), 2023 (A) 4.0%
Jan to Jun (H1), 2023 Projected (P) 3.8%
Jan to Jun (H1), 2023 Outlook (O) 4.2%
Jul to Dec (H2), 2023 Outlook (O) 4.4%
Jul to Dec (H2), 2023 Projected (P) 4.0%
Jan to Jun (H1), 2023 Projected (P) 4.0%
BPS Change: H1, 2023 (O) to H1, 2023 (P) (+) 38
BPS Change: H1, 2023 (O) to H1, 2023 (A) (-) 42
BPS Change: H2, 2023 (O) to H2, 2023 (P) (+) 40
BPS Change: H2, 2023 (O) to H2, 2023 (P) (-) 44

Country-wise Insights

Country USA
Market Share (2023) 31.6%
Market Share (2033) 30.2%
BPS Analysis (-) 140
Country United Kingdom
Market Share (2023) 3.4%
Market Share (2033) 4.1%
BPS Analysis (+) 70
Country China
Market Share (2023) 24.2%
Market Share (2033) 23.6%
BPS Analysis (-) 60

How is the USA Christmas Tree Valves Market Progressing?

Increasing Exploration Activities and Rising Production will Aid the Market’s Growth

The rising production and exploration activities are likely to accelerate the growth in the USA Christmas tree valves market during the assessment period. As per FMI, the North America market is set to account for ~45.2% of the share in 2022.

The USA has the second-largest tight oil reserves and one of the largest technically recoverable shale gas reserves in the world. In addition, the low breakeven prices and ongoing technological advancement in the field of hydraulic fracturing are set to boost the upstream gas and oil activities in the onshore area, thereby driving the demand for Christmas tree valves.

What Propels the United Kingdom Christmas Tree Valves Market?

Offshore Oil and Gas Production Propels the United Kingdom Market

The increasing adoption of advanced technologies for the recovery of reserves from deep water, heavy crude oil, and high pressure, high temperature (HPHT) fields is anticipated to fuel the growth in the United Kingdom The Europe Christmas tree valves market is likely to generate approximately 22.8% of the share in 2022, predicts FMI.

As per the Extractive Industries Transparency Initiative (EITI), the total oil and gas production surged by about 20% from 2014 to 2019 and the country's oil and gas sector is dominated by the production from offshore areas. This showcases that offshore production and exploration activities in the United Kingdom is projected to grow in the near future, thereby expanding the opportunities in this market.

Which are Primary Drivers of China Christmas Tree Valves Market?

Numerous Upcoming Gas Pipelines Acts as a Primary Driver of Chinese Market

The surging demand for natural gas and numerous upcoming gas pipelines are likely to propel the growth in China in the near future. According to FMI, China Christmas tree valves market is predicted to account for around 24.2% of the share in 2022.

Additionally, the country is planning to slash its high dependence on gas imports by accelerating domestic projects, such as shale fields as its energy supply security. The government is also set to provide funds to encourage domestic production, especially from unconventional sources.

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Category-wise Insights

Which Type of Christmas Tree Valves in High Demand?

The Automatic Christmas Tree Valves are in High Demand

Based on type, the automatic segment was estimated to account for about 80% of the global Christmas tree valves market share in 2021, finds FMI. The increasing deployment of automatic valves in onshore and offshore applications is likely to drive the growth of this segment.

Further, the ability of these valves to provide process control over the temperature, pressure, and flow rate, is set to drive their demand in the oil and gas industry worldwide. Additionally, the usage of these valves are anticipated to benefit the oil and gas companies by eliminating the cost of operators required on sites for adjusting and monitoring various processes.

Which is the Leading Application of Christmas Tree Valves?

Christmas Tree Valves are Used on a Large Scale in Onshore Applications

In terms of application, the onshore segment is projected to procure the largest Christmas tree valves market revenue share in the upcoming years. As compared to the offshore sector, onshore is set to gain more benefits from the surging crude oil prices.

The increasing number of onshore oil and gas activities in various countries, such as Indonesia, Argentina, India, and Columbia, is likely to push the growth of this segment It is mainly happening because of the rising government initiatives to augment domestic production, as well as recent changes in regulations.

Competitive Landscape

The Christmas tree valves market is a mix of international and domestic key players that are engaging in stiff competition. They are investing huge sums in research and development activities to come up with novel processes and mechanisms for improving the quality of their products. Meanwhile, some of the other players are focusing on bagging new contracts from renowned organizations to deliver their in-house products, as well as resume work on incomplete oil projects.

For instance,

  • In 2021, OneSubsea, a Schlumberger company headquartered in the USA, delivered its first Wet Christmas Tree for the Mero 2 project. The company had received a contract from Mero, according to which, OneSubsea will be involved in the supply of major equipment for subsea production systems. Also, it will intervene, commission, and install services for the second phase of the field's development.

Scope of Report

Attribute Details
Forecast Period 2023 to 2033
Historical Data Available for 2018 to 2022
Market Analysis US$ Million/Billion for Value
Key Countries Covered
  • United States
  • Canada
  • Brazil
  • Mexico
  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Russia
  • Benelux
  • South Africa
  • Northern Africa
  • GCC Countries
  • China
  • Japan
  • South Korea
  • India
  • Thailand
  • Malaysia
  • Indonesia
  • Australia
  • New Zealand
  • Others (as per request)
Key Segments Covered
  • Product Type
  • Application
  • Country
Key Companies Profiled
  • Schlumberger Ltd.
  • Technip FMC plc
  • Aker Solutions
  • Dril-Quip Inc.
  • General Electric ( Baker Hughes)
  • Worldwide Oilfield Machine
  • Stream-Flo Industries Ltd.
  • National Oilwell Varco
  • Kingsa Industries
  • The Weir Group PLC
  • Others (As per Request)
Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing Available upon Request

Global Christmas Tree Valves Market by Category

By Product Type, Global Christmas Tree Valves Market is segmented as:

  • Manual
  • Automatic

By Application, Global Christmas Tree Valves Market is segmented as:

  • Onshore
  • Offshore

By Region, Global Christmas Tree Valves Market is segmented as:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

Frequently Asked Questions

How Big is the Christmas Tree Valves Market?

The market is valued at US$ 3 billion in 2023.

Who are the Key Players in the Christmas Tree Valves Market?

Technip FMC plc, Aker Solutions, and Dril-Quip Inc. are the key market players.

What is the Growth Forecast for the Market?

The market is forecast to register a CAGR of 3.9% through 2033.

What is a Key Driving Factor for the Market?

Demand from crude oil extraction industries is a key driving factor.

How Big will the Christmas Tree Valves Market by 2033?

The market is estimated to reach US$ 4.4 billion by 2033.

Table of Content

1. Executive Summary | Christmas Tree Valves Market

    1.1. Global Market Outlook

    1.2. Summary of Key Statistics

    1.3. Summary of Key Findings

    1.4. Product Evolution Analysis

    1.5. FMI Analysis and Recommendations

2. Market Overview

    2.1. Market Taxonomy

    2.2. Market Definition

3. Key Market Trends

    3.1. Key Trends Impacting the Market

        3.1.1. Product Premiumization to Aid In Market Expansion

        3.1.2. Strong Investment in the Form of Mergers & Acquisition

        3.1.3. Efforts of Players to Introduce Energy Efficient Products

        3.1.4. Others

4. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033

    4.1. Historical Market Volume (Units) Analysis, 2018 to 2022

    4.2. Current and Future Market Volume (Units) Projections, 2023 to 2033

    4.3. Y-o-Y Growth Trend Analysis

5. Global Market - Pricing Analysis

    5.1. Regional Pricing Analysis By Product Type

    5.2. Pricing Break-up

        5.2.1. Manufacturer Level Pricing

        5.2.2. Distributor Level Pricing

    5.3. Global Average Pricing Analysis Benchmark

6. Global Market Demand (in Value or Size in US$ Million) Analysis 2018 to 2022 and Forecast, 2023 to 2033

    6.1. Historical Market Value (US$ Million) Analysis, 2018 to 2022

    6.2. Current and Future Market Value (US$ Million) Projections, 2023 to 2033

        6.2.1. Y-o-Y Growth Trend Analysis

        6.2.2. Absolute $ Opportunity Analysis

7. Market Background

    7.1. Macro-Economic Factors

        7.1.1. Global GDP Growth Outlook

        7.1.2. Global Population Growth Outlook

        7.1.3. GDP Growth Rate Analysis

        7.1.4. Global E-Commerce Industry Outlook

        7.1.5. Per Capita Spending Outlook

        7.1.6. Income Group Population Overview

        7.1.7. Urbanization Growth Outlook

        7.1.8. Per Capita Disposable Income

    7.2. Industry Value and Supply Chain Analysis

        7.2.1. Profit Margin Analysis at each sales point

        7.2.2. List & role of key participants

            7.2.2.1. Manufacturers

            7.2.2.2. Distributors/Retailers

            7.2.2.3. List of Private Label Brands

    7.3. Forecast Factors - Relevance & Impact

    7.4. PESTLE Analysis of Market

    7.5. Investment Feasibility Matrix of Market

    7.6. Porter’s Five Force

    7.7. Market Dynamics

        7.7.1. Drivers

        7.7.2. Restraints

        7.7.3. Opportunity Analysis

8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Product Type

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ Million) and Volume (Units) Analysis By Product Type, 2018 to 2022

    8.3. Current and Future Market Size (US$ Million) and Volume (Units) Analysis and Forecast By Product Type, 2023 - 2033

        8.3.1. Manual

        8.3.2. Automatic

    8.4. Market Attractiveness Analysis By Product Type

9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Million) and Volume (Units) Analysis By Application, 2018 to 2022

    9.3. Current and Future Market Size (US$ Million) and Volume (Units) Analysis and Forecast By Application, 2023 - 2033

        9.3.1. Onshore

        9.3.2. Offshore

    9.4. Market Attractiveness Analysis By Application

10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Country

    10.1. Introduction

    10.2. Historical Market Size (US$ Million) and Volume (Units) Analysis By Country, 2018 to 2022

    10.3. Current Market Size (US$ Million) and Volume (Units) Analysis and Forecast By Country, 2023 - 2033

        10.3.1. United States

        10.3.2. Canada

        10.3.3. Brazil

        10.3.4. Mexico

        10.3.5. Germany

        10.3.6. United Kingdom

        10.3.7. France

        10.3.8. Spain

        10.3.9. Italy

        10.3.10. Russia

        10.3.11. Benelux

        10.3.12. South Africa

        10.3.13. Northern Africa

        10.3.14. GCC Countries

        10.3.15. China

        10.3.16. Japan

        10.3.17. South Korea

        10.3.18. India

        10.3.19. Thailand

        10.3.20. Malaysia

        10.3.21. Indonesia

        10.3.22. Australia

        10.3.23. New Zealand

        10.3.24. Others (as per request)

    10.4. Market Attractiveness Analysis By Country

11. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    11.1. Introduction

    11.2. Pricing Analysis

    11.3. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    11.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 - 2033

        11.4.1. By Country

            11.4.1.1. USA

            11.4.1.2. Canada

        11.4.2. By Product Type

        11.4.3. By Application

    11.5. Market Attractiveness Analysis

        11.5.1. By Country

        11.5.2. By Product Type

        11.5.3. By Application

12. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    12.1. Introduction

    12.2. Pricing Analysis

    12.3. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    12.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 - 2033

        12.4.1. By Country

            12.4.1.1. Brazil

            12.4.1.2. Mexico

            12.4.1.3. Rest of Latin America

        12.4.2. By Product Type

        12.4.3. By Application

    12.5. Market Attractiveness Analysis

        12.5.1. By Country

        12.5.2. By Product Type

        12.5.3. By Application

13. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    13.1. Introduction

    13.2. Pricing Analysis

    13.3. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    13.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 - 2033

        13.4.1. By Country

            13.4.1.1. Germany

            13.4.1.2. France

            13.4.1.3. Spain

            13.4.1.4. United Kingdom

            13.4.1.5. Italy

            13.4.1.6. Benelux

            13.4.1.7. Russia

            13.4.1.8. Rest of Europe

        13.4.2. By Product Type

        13.4.3. By Application

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Product Type

        13.5.3. By Application

14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    14.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 - 2033

        14.4.1. By Country

            14.4.1.1. China

            14.4.1.2. Japan

            14.4.1.3. South Korea

        14.4.2. By Product Type

        14.4.3. By Application

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Product Type

        14.5.3. By Application

15. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    15.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 - 2033

        15.4.1. By Country

            15.4.1.1. India

            15.4.1.2. Thailand

            15.4.1.3. Indonesia

            15.4.1.4. Malaysia

            15.4.1.5. Rest of South Asia

        15.4.2. By Product Type

        15.4.3. By Application

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Product Type

        15.5.3. By Application

16. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    16.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 - 2033

        16.4.1. By Country

            16.4.1.1. Australia

            16.4.1.2. New Zealand

        16.4.2. By Product Type

        16.4.3. By Application

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Product Type

        16.5.3. By Application

17. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    17.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 - 2033

        17.4.1. By Country

            17.4.1.1. GCC Countries

            17.4.1.2. Northern Africa

            17.4.1.3. South Africa

            17.4.1.4. Rest of MEA

        17.4.2. By Product Type

        17.4.3. By Application

    17.5. Market Attractiveness Analysis

        17.5.1. By Country

        17.5.2. By Product Type

        17.5.3. By Application

18. Market Structure Analysis

    18.1. Market Analysis by Tier of Companies (Christmas Tree Valves)

    18.2. Market Concentration

    18.3. Market Share Analysis of Top Players

    18.4. Market Presence Analysis

        18.4.1. By Regional Footprint of Players

        18.4.2. Product Footprint by Players

        18.4.3. Channel Footprint by Players

19. Competition Analysis

    19.1. Competition Dashboard

    19.2. Pricing Analysis by Competition

    19.3. Competition Benchmarking

    19.4. Competition Deep Dive

        19.4.1. Schlumberger Ltd.

            19.4.1.1. Overview

            19.4.1.2. Product Portfolio

            19.4.1.3. Profitability by Market Segments (Product/Channel/Region)

            19.4.1.4. Sales Footprint

            19.4.1.5. Strategy Overview

                19.4.1.5.1. Marketing Strategy

                19.4.1.5.2. Product Strategy

                19.4.1.5.3. Channel Strategy

        19.4.2. Technip FMC plc

            19.4.2.1. Overview

            19.4.2.2. Product Portfolio

            19.4.2.3. Profitability by Market Segments (Product/Channel/Region)

            19.4.2.4. Sales Footprint

            19.4.2.5. Strategy Overview

                19.4.2.5.1. Marketing Strategy

                19.4.2.5.2. Product Strategy

                19.4.2.5.3. Channel Strategy

        19.4.3. Aker Solutions

            19.4.3.1. Overview

            19.4.3.2. Product Portfolio

            19.4.3.3. Profitability by Market Segments (Product/Channel/Region)

            19.4.3.4. Sales Footprint

            19.4.3.5. Strategy Overview

                19.4.3.5.1. Marketing Strategy

                19.4.3.5.2. Product Strategy

                19.4.3.5.3. Channel Strategy

        19.4.4. Dril-Quip Inc.

            19.4.4.1. Overview

            19.4.4.2. Product Portfolio

            19.4.4.3. Profitability by Market Segments (Product/Channel/Region)

            19.4.4.4. Sales Footprint

            19.4.4.5. Strategy Overview

                19.4.4.5.1. Marketing Strategy

                19.4.4.5.2. Product Strategy

                19.4.4.5.3. Channel Strategy

        19.4.5. General Electric ( Baker Hughes)

            19.4.5.1. Overview

            19.4.5.2. Product Portfolio

            19.4.5.3. Profitability by Market Segments (Product/Channel/Region)

            19.4.5.4. Sales Footprint

            19.4.5.5. Strategy Overview

                19.4.5.5.1. Marketing Strategy

                19.4.5.5.2. Product Strategy

                19.4.5.5.3. Channel Strategy

        19.4.6. Worldwide Oilfield Machine

            19.4.6.1. Overview

            19.4.6.2. Product Portfolio

            19.4.6.3. Profitability by Market Segments (Product/Channel/Region)

            19.4.6.4. Sales Footprint

            19.4.6.5. Strategy Overview

                19.4.6.5.1. Marketing Strategy

                19.4.6.5.2. Product Strategy

                19.4.6.5.3. Channel Strategy

        19.4.7. Stream-Flo Industries Ltd.

            19.4.7.1. Overview

            19.4.7.2. Product Portfolio

            19.4.7.3. Profitability by Market Segments (Product/Channel/Region)

            19.4.7.4. Sales Footprint

            19.4.7.5. Strategy Overview

                19.4.7.5.1. Marketing Strategy

                19.4.7.5.2. Product Strategy

                19.4.7.5.3. Channel Strategy

        19.4.8. National Oilwell Varco

            19.4.8.1. Overview

            19.4.8.2. Product Portfolio

            19.4.8.3. Profitability by Market Segments (Product/Channel/Region)

            19.4.8.4. Sales Footprint

            19.4.8.5. Strategy Overview

                19.4.8.5.1. Marketing Strategy

                19.4.8.5.2. Product Strategy

                19.4.8.5.3. Channel Strategy

        19.4.9. Kingsa Industries

            19.4.9.1. Overview

            19.4.9.2. Product Portfolio

            19.4.9.3. Profitability by Market Segments (Product/Channel/Region)

            19.4.9.4. Sales Footprint

            19.4.9.5. Strategy Overview

                19.4.9.5.1. Marketing Strategy

                19.4.9.5.2. Product Strategy

                19.4.9.5.3. Channel Strategy

        19.4.10. The Weir Group PLC

            19.4.10.1. Overview

            19.4.10.2. Product Portfolio

            19.4.10.3. Profitability by Market Segments (Product/Channel/Region)

            19.4.10.4. Sales Footprint

            19.4.10.5. Strategy Overview

                19.4.10.5.1. Marketing Strategy

                19.4.10.5.2. Product Strategy

                19.4.10.5.3. Channel Strategy

        19.4.11. Other Players (as per request)

            19.4.11.1. Overview

            19.4.11.2. Product Portfolio

            19.4.11.3. Profitability by Market Segments (Product/Channel/Region)

            19.4.11.4. Sales Footprint

            19.4.11.5. Strategy Overview

                19.4.11.5.1. Marketing Strategy

                19.4.11.5.2. Product Strategy

                19.4.11.5.3. Channel Strategy

20. Assumptions and Acronyms Used

21. Research Methodology

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