Deep Research Report on Top Drive Systems Market - Size, Share, Trends, Opportunities and Forecast 2020

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Top Drive Systems Market by Type, Application,
Vessel Type, and by Region - Trends and
Forecasts to 2020
Published By MarketsandMarkets
Published Date May-2015 No of Pages 172
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Report Description
Top drive is a motor that is suspended from the
derrick, or mast, of the rig, which provides
rotational force to facilitate the process of
drilling a wellbore. It drives and rotates the
drill string and bit, hence make drilling process
easy. Top drives play a significant role in
reducing hazards and the overall cost of drilling
activities. It will continue to be the
predominant method of drilling wells in the
future .The top drive is an alternative to
Kelly/rotary table. The demand for effective and
efficient drilling has increased the importance
of this system for various applications such as
onshore and offshore.  Complete Report
Available _at_ http//www.bigmarketresearch.com/top
-drive-systems-mnm-market
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Report Description
The top drive market has been estimated in terms
of value (Million). This report provides an
analysis about the drivers, restraints, and
opportunities of the global top drive market.
Growth in drilling and exploration activities and
increasing need for energy from emerging
economies are expected to be the major drivers in
increasing the usage of top drives globally.
However, with the current oil price scenario, the
growth would be limited this year however, it is
expected to regain its growth in the coming years
once the crude price is stabilized. Furthermore,
growing offshore oil gas reserves provide huge
growth opportunities to the top drive market.
This report also covers the activities of major
key players in this segment, and strategies
adopted by them through expansions, mergers
acquisitions, and new product launches.  The
global top drive market has been classified into
two major segments electric hydraulic. The
electric top drive system accounted for the major
market share of 88, followed by hydraulic top
drives, which held a share of 12 in 2014. 
Report Enquiry _at_ http//www.bigmarketresearch.c
om/report-enquiry/280889
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Report Description
The above figure shows the global top drive
market in terms of value (million) for various
geographies from 2015 to 2020. In comparison of
other regions, North America dominates the global
top drive market, and is expected to continue its
dominance in the near future. Major players of
the top drive market include National Oilwell
Varco (U.S.), Tesco Corporation (U.S.), Canrig
Drilling Technology Limited (U.S.), Cameron
International Corporation (U.S.), Aker Solutions
AS (Norway), Axon Energy Products (U.S.), Bentec
GMBH Drilling Oilfield Systems (Germany),
Foremost (Canada), Daqing Jinghong Petroleum
Equipment Corporation (China), Honghua Group
Limited (China), and Warrior Manufacturing
Service Limited (Canada).
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Report Description
The top drive market has been classified as
follows By Type Hydraulic ElectricBy
Region North America South America
Asia-Pacific Europe Middle East AfricaBy
Application Onshore Offshoreo Jackupo
Drillshipo Semisubmersible
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Table of Contents
1 Introduction 2 Research Methodology 3
Executive Summary 4 Premium Insights 5 Market
Overview 6 Industry Trends 7 Offhsore Drilling
Rig Market 8 Top Drive Market, By Application 9
Top Drive Market, By Type 10 Top Drive Market,
By Region 10.7 Africa 11 Competitive Landscape
12 Company Profiles 13 Appendix
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Contact Us
Report Overview
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 7.7 DSM     7.7.1 Company Overview     7.7.2
Company Snapshot     7.7.3 Business
performance     7.7.4 Strategic moves and
developments     7.7.5 Swot analysis of DSM 
7.8 Novus International, Inc.     7.8.1 Company
Overview     7.8.2 Company Snapshot     7.8.3
Strategic moves and developments        7.8.3.1
Principal Strategies Product Launch       
7.8.3.2 Other Strategies     7.8.4 Swot analysis
of Novus International  7.9 Nutreco N.V   
 7.9.1 Company Overview     7.9.2 Company
Snapshot     7.9.3 Business performance