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Global Christmas Tree Market 2018-2022| Rising Investments in the Shale Industry to Boost Growth| Technavio

 July 9, 2018 - 2:00 PM EDT

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CORRECTING and REPLACING Global Oil Well Christmas Tree Market 2018-2022 | Rising Investments in the Shale Industry to Boost Growth | Technavio

LONDON

Please replace the release with the following corrected version due to
multiple revisions of release dated July 9, 2018.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180709005763/en/

The global oil well Christmas tree market 2018-2022 is expected to grow to USD 10.5 billion by 2022, ...

The global oil well Christmas tree market 2018-2022 is expected to grow to USD 10.5 billion by 2022, according to Technavio. (Graphic: Business Wire)

The corrected release reads:

GLOBAL OIL WELL CHRISTMAS TREE MARKET 2018-2022 | RISING INVESTMENTS
IN THE SHALE INDUSTRY TO BOOST GROWTH | TECHNAVIO

The global oil well Christmas tree market 2018-2022 is expected to grow
to USD 10.5 billion by 2022, according to the latest market research
report by Technavio.

A key factor driving the market’s growth is the increase in global rig
count. Rigs are a key determinant of performance of the oil drilling
industry in the market and provide the financial health information of
energy-related companies. The increase in the number of rigs is directly
proportional to the number of investors and energy-related companies
investing in the activities of the oil and gas industry.

This market research report on the global
oil well Christmas tree market 2018-2022
provides an analysis of
the most important trends expected to impact the market outlook during
the forecast period. Technavio predicts an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the rising investments in the shale
industry as one of the key emerging trends in the global oil well
Christmas tree market:

Global oil well Christmas tree market: Rising
investments in the shale industry

In countries such as the US, the shale industry is witnessing an
increase in investments by financiers, which is urging oil producers, to
increase their output. Though the influx of investments in the
conventional crude oil production is moderately slow, IEA has projected
a rise in investments in the oil and gas industry during the forecast
period. On the other hand, the shale industry is likely to witness a
higher growth rate due to increased investments. Oil companies are
focusing on investing in short-cycle shale projects that have low risk
and can provide a quick return on investment.

“In 2017, China Energy Investment Corporation announced its plant to
invest over USD 83 billion in chemical manufacturing and shale gas
development projects. This is one of the major investments by the
company, which will be mutually beneficial for both China and the US,”
says
a senior analyst at Technavio for research on enterprise application.

Global oil well Christmas tree market:
Segmentation analysis

This market research report segments the global oil well Christmas tree
market into the following applications (onshore and offshore) and key
regions (the Americas, APAC, and EMEA).

The onshore segment held the largest market share in 2017, accounting
for nearly 65% of the market. This application segment is expected to
dominate the global market throughout the forecast period.

APAC held the highest share of the global oil well Christmas tree market
in 2017, accounting for a market share of approximately 39%. The market
share occupied by this region is anticipated to decrease by nearly 2%
during 2018-2022.

Looking for more information on this market? Request
a free sample report

Technavio’s sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at media@technavio.com.

Technavio Research
Jesse Maida
Media & Marketing Executive
US:
+1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Source: Business Wire
(July 9, 2018 - 2:00 PM EDT)

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