Analysis Of North American Valves For Upstream Oil And Gas Applications
NEW YORK, March 25, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Analysis of North American Valves for Upstream Oil and Gas Applications http://www.reportlinker.com/p01120886/Analysis-of-North-American-Valves-for-Upstream-Oil-and-Gas-Applications.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Oil_and_Gas_energy
Demand in Unconventional Oil and Gas Resources Make the Valves Market Look GreenThis research service identifies the major industry challenges including: market drivers and restraints, and key trends in technology, pricing, and distribution for the North American valves in upstream oil and gas applications market. Moreover, this research provides comprehensive forecasts for the total market, across the three products segments: Quarter-turn, self-acting, and control valves, as well as forecasts for one major end-user segment: upstream oil and gas. Also included are a competitive analysis and Mega Trends analysis that relate to the market. The regions covered in this study include the United States and Canada. The base year is 2012, and the forecasts run through 2019.
Key Questions This Study Will AnswerIs the valves market in upstream oil and gas growing, how long will it continue to grow, and at what rate?Who are the main competitors in the North American valves market in upstream oil and gas applications?What are the qualitative and quantitative trends affecting the valves market in upstream oil and gas applications?How will the structure of the market change with time? Is it ripe for acquisitions/mergers?Are the products/services offered today meeting customer needs or is additional development needed?What are the dynamics of this mature market and how will it evolve during the coming years?Key Takeaways•Oil and gas upstream segments in the US and Canada are at an all time high and are witnessing huge amounts of investment because of demand from all end-user sectors. Natural gas is the fuel of choice due to its low price and reduced emissions; therefore, both the US and Canada are investing in exploration and production activities.•The replacement of old, worn out valves will help sustain the growth of this market.•This sector will not witness any major technical changes in the upcoming years, hence companies must start investing in research and development (R&D) to compete with the low-cost imports from Asian manufacturers. Forecasts•The market is expected to grow at a compound annual growth rate (CAGR) of X percent.•In 2010, the demand for oil and gas was high. Many end-user sectors witnessed commencement of various projects that were put on hold in 2009. Due to high energy prices and demand, the year 2010 saw a growth rate ofX percent.•From 2013, once the uncertainties in the North American market clears, this market will aid the neighboring end-user sectors. End–user Segment•The oil and gas upstream segment continues to grow at a steady pace despite uncertainties and will experience a CAGR of X percent from 2012 to 2019.•The discovery of new oil and gas sources in both the US and Canada, along with continued expenditure in exploration and production, have helped sustain the growth of this market.•Starting in 2013, other key end-user sectors such as petrochemicals, chemicals, and power generation will also recover due to the growing upstream segment of oil and gas. Product Segment•Quarter turn valves and self-acting valves are low cost but they occupy X percent of the market share purely due to the volume of usage. These two segments will experience a CAGR ofX and X percent respectively during the forecast period.•Control valves are less in number by volume of usage but will continue to showcase a higher CAGR due to their high price.•With increased exploration and production activities across North America, the sales of valves in this sector will eventually increase. Table Of Contents 1. Executive Summary 2. Market Overview 3. Total Valves for Upstream Oil and Gas Applications Market• External Challenges: Drivers and Restraints• Forecasts and Trends• Market Share and Competitive Analysis• Mega Trends and Industry Convergence Implications 4. CEO's 360 Degree Perspective 5. The Last Word (Conclusions and Implications) 6. Appendix To order this report:: Analysis of North American Valves for Upstream Oil and Gas Applications
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