Landing String Equipment Market Size, Share, and Growth Analysis

Global Landing String Equipment Market

landing string equipment market Size, Share & Trends Analysis Report, By Equipment Type, (Lubricator Valve, Retainer Valve, Subsea Test Tree, Shear Sub, Slick Joint, and Others), By Application, By End User, By Region, And Segment Forecast, 2025-2032


Report ID: SQMIG55F2079 | Region: Global | Published Date: May, 2025
Pages: 191 |Tables: 93 |Figures: 76

Format - word format excel data power point presentation

Landing String Equipment Market Insights

Global Landing String Equipment Market size was valued at USD 1.24 Billion in 2023 and is poised to grow from USD 1.32 Billion in 2024 to USD 2.14 Billion by 2032, growing at a CAGR of 5.9% in the forecast period (2025-2032).

The global landing string equipment market is witnessing steady growth, driven by the increasing demand for offshore oil and gas exploration activities. As energy demand continues to rise, especially in developing regions, operators are intensifying deepwater and ultra-deepwater drilling efforts, which require highly specialized and robust equipment. Landing string systems are essential in facilitating safe and efficient well completions in challenging offshore environments, making them critical components of drilling operations. Additionally, advancements in rig technology and enhanced drilling safety standards are propelling the adoption of modern landing string solutions with greater load-bearing capacities and pressure-handling capabilities.

However, the market also faces several restraints. Volatility in global crude oil prices significantly impacts exploration budgets, often leading to delays or cancellations of offshore projects. Moreover, the high capital expenditure associated with offshore drilling infrastructure, including landing string equipment, poses a challenge for smaller operators. Environmental regulations and increasing scrutiny over offshore drilling activities further add to the complexity and cost of operations. Despite these challenges, the market is expected to maintain momentum, supported by ongoing investments in offshore reserves and technological innovations aimed at improving operational efficiency and safety.

Market snapshot - 2025-2032

Global Market Size

USD 1.24 Billion

Largest Segment

Deep Water

Fastest Growth

Deep Water

Growth Rate

5.9% CAGR

Global Landing String Equipment Market ($ Bn)
Country Share for Asia Pacific Region (%)

To get more reports on the above market click here to Buy The Report

Landing String Equipment Market Segments Analysis

The global Landing String Equipment Market is segmented on the basis of equipment type, application, and end-user. By equipment type, the market is segmented into lubricator valve, retainer valve, subsea test tree, shear sub, slick joint, and others. By application, the market is segmented into shallow water, deep water, and ultra-deepwater. By end-user, the market is segmented into oil & gas companies, oilfield service companies, and research & development institutions. By region, the market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.

Which Segment is Leading the Landing String Equipment Market?

The lubricator valve segment holds the highest market share in the landing string equipment market as it is essential to maintain pressure control during well testing and completion activities. The increase in offshore deepwater activities has accelerated the overall need for high integrity pressure control equipment especially in high pressure wells. Ongoing emphasis on operational safety and efficiency drives the need for high integrity pressure control equipment. Increases in the design and durability of valves in extreme subsea conditions further fuel the market share growth of lubricator valves..

Which Segment is Poised for the Fastest Growth in the Landing String Equipment Market?

The drive subsea test trees has experienced the fastest growth due to increasing ultra-deepwater drilling projects and the need for immediate well isolation in the case of an unintentional event. Compact design and high reliability provide confidence to operators that their wells will be properly isolated during dynamic operations and allow for quick disconnects in high-risk environments that drive the demand for this segment. Continued innovation in technology and an overall need for stricter offshore safety regulations have and will continue to contribute to their uptake throughout new exploration zones.

Deep Water Channels Driving Market Dominance

The deepwater segment hold the highest share of the market for landing string equipment as exploration is still ongoing in locations like the Gulf of Mexico, Brazil, and West Africa. These regions offer adequate geology and established offshore infrastructure supporting exploration and development plans. Potential high on potential, the investments are further supported by favorable governmental policies for offshore development. Outside the legislative umbrella of favorable regulations, there have been advances in technical incorporation, and improvements in safety management, that have inhibited continued investment and exploration in deepwater. Deepwater exploration and development requires bulkier and more reliable landing string systems to stand up to the autonomous and processed environments they are executing their workplans in.

Ultra-Deepwater Recovery Fueling Fastest Growth

The ultra-deepwater segment is the fastest-moving section in this segment as leaders in offshore are now realizing new potential investment opportunities where there are untapped reserves below 1,500 meters. The demand for global energy is increasing and technological innovations in respective operations are enabling deepwater subsea work in extreme condition style work, which is now supporting higher performance-based landing strings systems in ultra-deepwater operations.

Global Landing String Equipment Market Analysis by Product ($ Bn)

To get detailed analysis on other segments, Request For Free Sample Report

Landing String Equipment Market Regional Insights

Why is North America Leading Landing String Equipment Market in 2024?

The market for landing string equipment in North America is being fueled by the regions continued emphasis placement on offshore oil and gas exploration, especially in the Gulf of Mexico. Significant investments in new deepwater and ultra-deepwater drilling projects is increasing demand for landing string systems that perform well under high pressure and load conditions. Emphasis from regulators on well safety and integrity is also driving operators to seek out new technologies for landing strings. The larger organizations in place, including drilling contractors and service providers in the region, is also helping to move the market along, as they continue to invest in new technology to deliver offshore energy. Further, the desire to become energy independent and take advantage of untapped offshore reservoirs is likely to continue to push the deployment of landing string technologies in offshore North American projects.

US Landing String Equipment Market

The US landing string equipment market is in a growth phase due availability of increasing offshore exploration plays in the U.S. There are 590 active rigs in the U.S., with 21 being offshore. This results in a healthy operational base for subsea operations. The North America region is also experiencing a rapid increase in deepwater drilling, especially in the Gulf of Mexico, which is driving the need for high-quality landing string systems. Landing string systems help to control a complex, high-pressure well, which is essential to modern offshore drilling. The continued need for safe and efficient well completions in extreme environments is reshaping industry direction and technology and pushing operators towards more advanced landing string; consequently; the North America market is maintaining healthy year on year growth.

Canada Landing String Equipment Market

The Canadian landing string equipment market is positioned to grow, driven by exploration efforts of offshore oil and gas around Canada. As land reserves are depleted, Canadian energy companies are investing in deepwater and ultra-deepwater development, requiring new landing string systems that can survive extreme load and pressure. Automation technology for hydraulic catwalks with real-time loads are also increasing levels of safety and efficiency that are stimulating demand. The development of unconventional reserves, such as tight oil and shale gas provides additional market opportunities for landing string equipment specifically for these emerging challenges.

Why is Demand for Landing String Equipment Fueling Growth in Asia-pacific?

The Asia Pacific region is anticipated to exhibit the highest growth rate during the forecast period, primarily due to increasing energy demand, outdated offshore infrastructure, and increased investments in the oil and gas sector. The International Energy Agency (IEA) indicates that energy demand in Southeast Asia has been growing at approximately 3% per year, on average, over the past two decades, and is projected to continue, on average, until 2030. Additionally, the Asia Pacific region accounts for approximately one-third of the world´s oil demand, and one quarter of the world´s gas demand. The huge increase in energy demand is increasing offshore drilling activity, which increase demand for landing string equipment in the Asia Pacific market.

Japan Landing String Equipment Market

The landing string equipment market in Japan is experiencing growth, supported by gains in maritime and defense technologies. In February 2025, Japan's Acquisition, Technology & Logistics Agency (ATLA) awarded a contract to BMT and Japan Marine United (JMU) to develop next-generation high-speed landing crafts for the Self-Defense Forces. With designs based on BMT's Caimen® platform and using an advanced tri-bow hull form, the landing crafts will all operate at higher speeds (3!). While no direct focus has been placed on landing string equipment development, the increased investment spending on modernizing offshore capabilities project a greater need to consider more high-performance forms of landing string equipment. Japan appears to be increasing investment spending on defense and maritime engineering with a greater emphasis on modernization into their current offshore infrastructure.

South Korea Landing String Equipment Market

​ The landing string equipment market in South Korea is gaining traction as the nation increasingly focuses on offshore energy development. Large scale offshore wind developments are one key factor, most notably the MoU signed between LS Cable & System and Equinor on November 2024 for the 750-megawatt Firefly Floating Offshore Wind Project off the coast of Ulsan. This project demonstrates South Korea’s investment in their offshore wind capacity and will drive demand for strong and specialized offshore equipment, including landing string systems. The country's also strategic move towards energy diversification and technological progression in subsea capability are other positives for South Korea's market The developments are signalling an emerging South Korean player in market share for offshore infrastructure development.

How is Europe Maintaining its Dominance in Fluorochemicals Industry?

The European landing string equipment market is growing steadily, driven by increased offshore oil and gas exploration activities in the North Sea. Energy demand is increasing, while supply is falling or maturing. Energy-producing nations in Europe have a goal of improving offshore infrastructure. This continued investment in offshore facilities is expected to drive demand for more sophisticated landing string equipment. Additionally, Europe is expanding the focus of renewable energies, notably wind energy projects such as offshore wind farms, which encourages specialized equipment for more complicated offshore environments. The market for landing string equipment is positively influenced by technological improvement in drilling and completion techniques, as well as by advancements in capacity, efficiency, and overall safety.

Germany Landing String Equipment Market

Germany's landing gear market is growing continuously, in part due to advances in aerospace engineering and major developments in sustainable aviation. The most significant event occurred in August 2022, when Deutsche Aircraft and HEGGEMANN AG announced the commercial readiness of a new landing gear system suitable for an entire family of Dornier 328 aircraft including a variant that supports sustainable aviation, the D328eco. The new landing gear is retrofittable for both the turboprop and jet variants which gives the operators significant flexibility to adapt the new landing gear if the aircraft is changed out in the future. Major growth factors for Germany’s landing gear system are a strong aerospace manufacturing sector in Germany, continued investments in regional and sustainable aviation technology and increasing flexible retrofittable landing gear for operators to operate in the future, at a relatively low cost if they need to replace an aircraft based on operational requirements, longevity and performance considerations.

South Korea Landing String Equipment Market

The South Korea landing string equipment market is anticipated to experience steady growth as the offshore oil and gas exploration industry is growing, and drilling companies are prioritizing safety and operational efficiency. The South Korean government intends to improve its energy independence, which is driving investment and development of offshore oil and gas projects. For instance, a new East Sea gas field, is anticipated to improve the local economy and is expected to increase more than 20% production by 2023. With improved technology for deepwater drilling, equipment being developed, and modernization programs being initiated by the South Korean government for its coastline/offshore infrastructure are driving demand for landing string systems. Operators are more often compelled through stricter environmental regulations and operational safety directives to procure high-performance and durable landing string equipment.

Global Landing String Equipment Market By Geography
  • Largest
  • Fastest

To know more about the market opportunities by region and country, click here to
Buy The Complete Report

Landing String Equipment Market Dynamics

Landing String Equipment Market Drivers

Rising Deepwater and Ultra-Deepwater Drilling Activities

  • The growth of offshore exploration (especially in deepwater and ultra-deepwater regions) continues to create demand for high-quality landing string equipment. Offshore operations must contend with high-pressure and high-temperature (HPHT) systems, so landing strings must be able to withstand the extremes in HPHT systems. The demand for energy and depletion of shallow water deposits continue to spur the development of HPHT configurations which require landing string equipment.

Stringent Safety and Regulatory Standards

  • Increasing focus on operational safety and adherence to regulatory compliance is causing oilfield operators to procure higher quality landing string equipment. These instruments are essential for ensuring safe pressure control and structural integrity during drilling operations. Compliance with standards like API and ISO increases growth in the market and leads oilfield operators to adopt certified and advanced techno logical solutions.

Landing String Equipment Market Restraints

High Capital and Maintenance Costs

  • Landing string equipment consists of sophisticated components designed with up-to-date materials to improve this integral piece of equipment workflow and wear cycle while making it expensive to manufacture and maintain. The high upfront and lifecycle cost can also serve as a barrier to investment for small and mid-sized offshore operators. Additionally, while in the low oil price environment, operating and development budgets have been reduced and new landing string investments extended due to uncertainty in monthly capital approvals.

Technological Complexity and Skill Gaps

  • The operation of landing string equipment also requires expertise as personnel requires training in handling and introducing a system to providing complex integration between BOP's and subsea systems. This is often hampered by either a lack of trained personnel or technical capabilities development which has limited certain regions for efficient deployment and operation of subsea landing string since the lack of suitably skilled professionals to operate landing string effectively subsea incurs delays to the project and safety and performance concerns in the critical offshore environment.

Request Free Customization of this report to help us to meet your business objectives.

Landing String Equipment Market Competitive Landscape

The South Korean landing string equipment market is underscored by a mix of global market players and emerging local innovators. Expro Group Holdings N.V., NOV, Inc. and TechnipFMC plc are the key participants with their subsea landing string systems for deepwater and ultra-deepwater applications. These companies are focused on automation and remote operation technologies to streamline operational efficiencies and improve safety. Additionaly, start-ups such as Perigee Aerospace are informing the development of the market with small scale launch systems being cost-effective, indicating a diversification of landing string equipment.

Start Ups and Developments

Perigee Aerospace: Built in 2018 and based in Daejeon. Perigee Aerospace is developing an orbital rocket named the Blue Whale 1 that is partially reusable and designed to deliver up to 170kg to a Sun-synchronous orbit. Perigee hopes to launch up to about 40 Blue Whale 1 rockets per year for up to US$3 million with its maiden flight now planned 2025.

Top Player’s Company Profiles

  • Expro Holdings UK 2 Ltd.
  • National Oilwell Varco Inc.
  • Superior Energy Services Inc.
  • Vallourec SA
  • Yantai Enerserva Machinery Co. Ltd.
  • Enovate Systems Ltd.
  • Quail Tools
  • Schlumberger Ltd.
  • Thyssenkrupp AG
  • Technip FMC
  • Interventek Subsea Engineering.
  • Aker Solutions
  • Hilong Holding Limited
  • Optime Subsea
  • WellPartner AS
  • Quail Tools LP
  • Interventek Subsea Engineering
  • Vallourec SA
  • Thyssenkrupp AG
  • ExPert E&P Companies, LLC

Recent Developments in Landing String Equipment Market

  • February 2023: Optime Subsea entered into an agreement with Wintershall Holding GmbH to lease three landing string systems along with two wireless electric subsea control and intervention systems (eSCILS).
  • November 2021: Expro, headquartered in Aberdeen, U.K., secured subsea well access contracts valued at over USD 50 million across Southeast Asia and Australia.
  • October 2021: Interventek introduced a new API 17G-certified in-riser subsea landing string system, expanding its portfolio of advanced well access technologies.

Landing String Equipment Key Market Trends

Landing String Equipment Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research. 

According to research by SkyQuest, the global landing string equipment market is expanding due to the rising demand for offshore oil and gas exploration. Energy security is driving companies to find a competitive advantage in unconventional environments like deep and ultra-deep water, hence the innovation and development of advanced landing string systems. Companies such as Expro Holdings, National Oilwell Varco, and Schlumberger are investing heavily in automating and remote-control systems for operations; many of the many aspects of operations are being modernized to place a much greater emphasis on the safety of offshore operational activities and systems than ever before.

Technological advancements will be key to understanding the market's direction; companies that pursue AI-operated systems and real-time monitoring will be able to leverage these opportunities to gain a competitive edge driving down downtime while improving well performance and the safety and efficiency of all aspects of operations. As the environmental regulations are stricter, we will develop new and more advanced, sustainable energy-efficient dynamic structures to meet and go beyond what is required.

The demand for reliable and more high-performance landing string systems will continue to increase as areas like the East Sea (for example) receive an influx of oil and gas offshore drilling projects. As new entrants around the world focus on niche products and services, or where an underserved market opportunity can be pursued with a more specific product or service, there will be opportunities abound.

Report Metric Details
Market size value in 2023 USD 1.24 Billion
Market size value in 2032 USD 2.14 Billion
Growth Rate 5.9%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Equipment Type
    • Lubricator Valve, Retainer Valve, Subsea Test Tree, Shear Sub, Slick Joint, and Others
  • Application
    • Shallow Water, Deep Water, and Ultra-Deepwater
  • End-user
    • Oil & Gas Companies, Oilfield Service Companies, and Research & Development Institutions
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Expro Holdings UK 2 Ltd.
  • National Oilwell Varco Inc.
  • Superior Energy Services Inc.
  • Vallourec SA
  • Yantai Enerserva Machinery Co. Ltd.
  • Enovate Systems Ltd.
  • Quail Tools
  • Schlumberger Ltd.
  • Thyssenkrupp AG
  • Technip FMC
  • Interventek Subsea Engineering.
  • Aker Solutions
  • Hilong Holding Limited
  • Optime Subsea
  • WellPartner AS
  • Quail Tools LP
  • Interventek Subsea Engineering
  • Vallourec SA
  • Thyssenkrupp AG
  • ExPert E&P Companies, LLC
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.

Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Landing String Equipment Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Landing String Equipment Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Landing String Equipment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Landing String Equipment Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Landing String Equipment Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Landing String Equipment Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

$5,300

REQUEST FOR SAMPLE

Please verify that you're not a robot to proceed!
Want to customize this report? REQUEST FREE CUSTOMIZATION

FAQs

Global Landing String Equipment Market size was valued at USD 1.24 Billion in 2023 and is poised to grow from USD 1.32 Billion in 2024 to USD 2.14 Billion by 2032, growing at a CAGR of 5.9% in the forecast period (2025-2032).

The South Korean landing string equipment market is underscored by a mix of global market players and emerging local innovators. Expro Group Holdings N.V., NOV, Inc. and TechnipFMC plc are the key participants with their subsea landing string systems for deepwater and ultra-deepwater applications. These companies are focused on automation and remote operation technologies to streamline operational efficiencies and improve safety. Additionaly, start-ups such as Perigee Aerospace are informing the development of the market with small scale launch systems being cost-effective, indicating a diversification of landing string equipment. 'Expro Holdings UK 2 Ltd.', 'National Oilwell Varco Inc.', 'Superior Energy Services Inc.', 'Vallourec SA', 'Yantai Enerserva Machinery Co. Ltd.', 'Enovate Systems Ltd.', 'Quail Tools', 'Schlumberger Ltd.', 'Thyssenkrupp AG', 'Technip FMC', 'Interventek Subsea Engineering.', 'Aker Solutions', 'Hilong Holding Limited', 'Optime Subsea', 'WellPartner AS', 'Quail Tools LP', 'Interventek Subsea Engineering', 'Vallourec SA', 'Thyssenkrupp AG', 'ExPert E&P Companies, LLC'

The growth of offshore exploration (especially in deepwater and ultra-deepwater regions) continues to create demand for high-quality landing string equipment. Offshore operations must contend with high-pressure and high-temperature (HPHT) systems, so landing strings must be able to withstand the extremes in HPHT systems. The demand for energy and depletion of shallow water deposits continue to spur the development of HPHT configurations which require landing string equipment.

New developments in automation and remote-controlled landing string systems have changed the whole game. These innovations provide efficiency, lower operational risk, and decrease the requirement for human intervention in deepwater and ultra-deepwater vessels. Many companies are also assessing the possibility for integrating AI-driven automatic monitoring systems to better leverage real-time data to streamline and confirm decision-making to enhance the efficiency of planned well operation.

Why is North America Leading Landing String Equipment Market in 2024?

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. We offer $1000 worth of FREE customization at the time of purchase.

AGC3x.webp
Aisin3x.webp
ASKA P Co. LTD3x.webp
BD3x.webp
BILL & MELIDA3x.webp
BOSCH3x.webp
CHUNGHWA TELECOM3x.webp
DAIKIN3x.webp
DEPARTMENT OF SCIENCE & TECHNOLOGY3x.webp
ETRI3x.webp
Fiti Testing3x.webp
GERRESHEIMER3x.webp
HENKEL3x.webp
HITACHI3x.webp
HOLISTIC MEDICAL CENTRE3x.webp
Institute for information industry3x.webp
JAXA3x.webp
JTI3x.webp
Khidi3x.webp
METHOD.3x.webp
Missul E&S3x.webp
MITSUBISHI3x.webp
MIZUHO3x.webp
NEC3x.webp
Nippon steel3x.webp
NOVARTIS3x.webp
Nttdata3x.webp
OSSTEM3x.webp
PALL3x.webp
Panasonic3x.webp
RECKITT3x.webp
Rohm3x.webp
RR KABEL3x.webp
SAMSUNG ELECTRONICS3x.webp
SEKISUI3x.webp
Sensata3x.webp
SENSEAIR3x.webp
Soft Bank Group3x.webp
SYSMEX3x.webp
TERUMO3x.webp
TOYOTA3x.webp
UNDP3x.webp
Unilever3x.webp
YAMAHA3x.webp
Yokogawa3x.webp

Feedback From Our Clients

Global Landing String Equipment Market
Landing String Equipment Market

Report ID: SQMIG55F2079

sales@skyquestt.com
USA +1 351-333-4748

BUY NOW GET FREE SAMPLE