Need help finding what you are looking for?
Contact Us
PUBLISHER: IMARC | PRODUCT CODE: 1792533
PUBLISHER: IMARC | PRODUCT CODE: 1792533
Wellhead Equipment Market Report by Component (Hangers, Flanges, Master Valve, Choke, and Others), Application (Onshore, Offshore), Sector (OEM, Aftermarket), and Region 2025-2033
PUBLISHED:
PAGES: 143 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
The global wellhead equipment market size reached USD 7.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 12.1 Billion by 2033, exhibiting a growth rate (CAGR) of 4.9% during 2025-2033.
Wellhead equipment refers to a device that is permanently installed at the surface of an oil and gas well. It provides a structural and pressure interface for the drilling and production equipment and acts as a connection between the tubing and casings of the pipeline. The equipment primarily consists of casing spools, isolation seals, test plugs, mudline suspension system, tubing head, hanger and tubing head adapter. These devices are used to seal the well and suspend the casings and can be configured according to the pressure, temperature, location, well size and drilling method.
Steady growth in the oil and gas industry, along with the increasing number of deep and ultra-deep-water drilling projects, represent as the key factors driving the market growth. Furthermore, growing exploration of unconventional resources like shale oil and coal bed methane (CBM) has led to the increasing utilization of long-suppressed oilfield devices, including wellhead systems, thereby providing a boost to the market growth. Additionally, manufacturers are creating innovative product variants to support the demand for harsher and manually unapproachable drilling environments. For instance, unmanned wellhead platforms are being used as a resting facility on the seabed, where the wells are placed on the platform deck. This acts as an effective alternative to subsea wells and a cost-efficient solution for shallow water developments. Other factors, including the implementation of favourable government initiatives to explore sustainable options for oil extraction, are projected to drive the market further.
Key Market Segmentation:
Breakup by Component:
- Hangers
- Flanges
- Master Valve
- Choke
- Others
Breakup by Application:
- Onshore
- Offshore
Breakup by Sector:
- OEM
- Aftermarket
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Aker Solutions ASA, Baker Hughes, Cameron International Corporation, Forum Energy Technologies Inc., Nabors Industries Ltd., National Oilwell Varco Inc., Oil States International Inc., TechnipFMC PLC, Weatherford International PLC, Weir Group PLC, etc.
Key Questions Answered in This Report
- 1.What was the size of the global wellhead equipment market in 2024?
- 2.What is the expected growth rate of the global wellhead equipment market during 2025-2033?
- 3.What has been the impact of COVID-19 on the global wellhead equipment market?
- 4.What are the key factors driving the global wellhead equipment market?
- 5.What is the breakup of the global wellhead equipment market based on the component?
- 6.What is the breakup of the global wellhead equipment market based on the application?
- 7.What are the key regions in the global wellhead equipment market?
- 8.Who are the key players/companies in the global wellhead equipment market?
Product Code: SR112025A1927
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Wellhead Equipment Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Component
- 6.1 Hangers
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Flanges
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Master Valve
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Choke
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Application
- 7.1 Onshore
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Offshore
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Sector
- 8.1 OEM
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Aftermarket
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Indicators
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Aker Solutions ASA
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Baker Hughes
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Cameron International Corporation
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Forum Energy Technologies, Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Nabors Industries Ltd.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 National Oilwell Varco, Inc.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Oil States International, Inc.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 TechnipFMC PLC
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.9 Weatherford International plc
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 Weir Group Plc
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.1 Aker Solutions ASA
Product Code: SR112025A1927
List of Figures
- Figure 1: Global: Wellhead Equipment Market: Major Drivers and Challenges
- Figure 2: Global: Wellhead Equipment Market: Sales Value (in Billion USD), 2019-2024
- Figure 3: Global: Wellhead Equipment Market: Breakup by Component (in %), 2024
- Figure 4: Global: Wellhead Equipment Market: Breakup by Application (in %), 2024
- Figure 5: Global: Wellhead Equipment Market: Breakup by Sector (in %), 2024
- Figure 6: Global: Wellhead Equipment Market: Breakup by Region (in %), 2024
- Figure 7: Global: Wellhead Equipment Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 8: Global: Wellhead Equipment (Hangers) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 9: Global: Wellhead Equipment (Hangers) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 10: Global: Wellhead Equipment (Flanges) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 11: Global: Wellhead Equipment (Flanges) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 12: Global: Wellhead Equipment (Master Valve) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 13: Global: Wellhead Equipment (Master Valve) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 14: Global: Wellhead Equipment (Choke) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 15: Global: Wellhead Equipment (Choke) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 16: Global: Wellhead Equipment (Other Components) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 17: Global: Wellhead Equipment (Other Components) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 18: Global: Wellhead Equipment (Onshore) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 19: Global: Wellhead Equipment (Onshore) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 20: Global: Wellhead Equipment (Offshore) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 21: Global: Wellhead Equipment (Offshore) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 22: Global: Wellhead Equipment (OEM) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 23: Global: Wellhead Equipment (OEM) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 24: Global: Wellhead Equipment (Aftermarket) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 25: Global: Wellhead Equipment (Aftermarket) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 26: North America: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 27: North America: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 28: United States: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 29: United States: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 30: Canada: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 31: Canada: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 32: Asia Pacific: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 33: Asia Pacific: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 34: China: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 35: China: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 36: Japan: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 37: Japan: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 38: India: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 39: India: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 40: South Korea: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 41: South Korea: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 42: Australia: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 43: Australia: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 44: Indonesia: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 45: Indonesia: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 46: Others: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 47: Others: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 48: Europe: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 49: Europe: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 50: Germany: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 51: Germany: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 52: France: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 53: France: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 54: United Kingdom: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 55: United Kingdom: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 56: Italy: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 57: Italy: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 58: Spain: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 59: Spain: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 60: Russia: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 61: Russia: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 62: Others: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 63: Others: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 64: Latin America: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 65: Latin America: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 66: Brazil: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 67: Brazil: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 68: Mexico: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 69: Mexico: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 70: Others: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 71: Others: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 72: Middle East and Africa: Wellhead Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 73: Middle East and Africa: Wellhead Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 74: Global: Wellhead Equipment Industry: SWOT Analysis
- Figure 75: Global: Wellhead Equipment Industry: Value Chain Analysis
- Figure 76: Global: Wellhead Equipment Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Wellhead Equipment Market: Key Industry Highlights, 2024 and 2033
- Table 2: Global: Wellhead Equipment Market Forecast: Breakup by Component (in Million USD), 2025-2033
- Table 3: Global: Wellhead Equipment Market Forecast: Breakup by Application (in Million USD), 2025-2033
- Table 4: Global: Wellhead Equipment Market Forecast: Breakup by Sector (in Million USD), 2025-2033
- Table 5: Global: Wellhead Equipment Market Forecast: Breakup by Region (in Million USD), 2025-2033
- Table 6: Global: Wellhead Equipment Market: Competitive Structure
- Table 7: Global: Wellhead Equipment Market: Key Players
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.