DUBLIN--(BUSINESS WIRE)--The "Global Electric Top Drive Systems Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global electric top drive systems market is expected to grow at a CAGR of 3.04% during the period 2018-2022.
According to the report, one of the major drivers for this market is the increase in demand for oil and natural gas. The oil and gas upstream activities are likely to increase considerably in the upcoming years owing continuous decline in the oil and gas prices.
Further, the report states that one of the major factors hindering the growth of this market is the uncertainties associated with low crude oil prices. Any volatility in crude oil prices defines the performance of many of the upstream sector companies. And in the last few years, the trend of low crude oil prices had put pressure on oil and gas service companies.
- Upstream Oil & Gas Companies Resorting to Alternative Business Strategies
- New Oil & Gas Discoveries
- Rising Investments in Shale Industry
Key Vendors
- Akastor
- Honghua America
- KCA Deutag
- Nabors Industries
- National Oilwell Varco
- Schlumberger
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Application
8. Customer Landscape
9. Regional Landscape
10. Decision Framework
11. Drivers & Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/b8pw3c/global_electric?w=4