Oil and Gas Fittings Market Size, Share, Trends, Growth and Forecast 2026

Oil and Gas Fittings Market

Oil and Gas Fittings Market: by Type (Portable Generator and Stationary Generator), By Power Output (Less than 1.0 KW, 1.0 to 3.0 KW, 3.0 to 5.0 KW, and More than 5.0 KW), By Power Output (Standby Backup Power and Continuous Power) and by End-Use (Commercial, Residential, Industrial, Agricultural, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2026

Category: Energy & Mining Report Format : PDF Pages: 110 Report Code: ZMR-5163 Published Date: Dec-2019 Status : Published
Market Size in 2018 Market Forecast in 2026 CAGR (in %) Base Year
USD 1.06 Billion USD 1.32 Billion 2.8% 2018

The global oil and gas fitting market valued US$ 1.06 Billion in 2018 and is expected to be valued at US$1.32 Billion in 2026 at a CAGR of 2.8%. The report covers forecast and analysis for the oil and gas fittings market on a global and regional level. The research report presents a comprehensive valuation of the market, competition, opportunities, emerging trends, and industry-validated market figures. The study provides historic data of 2016 to 2018 along with a forecast from 2019 from 2026 based on revenue (USD Billion).

Oil and Gas Fittings Market: Overview

Oil and gas fittings are the pipeline systems used in the long-distance transportation of a liquid or gas through a system of pipes. Oil and gas exploration activities are performed within adverse settings, lifting the requirement of stainless steel oil and gas fittings owing to the high CRA (corrosion and resistance alloys) specifications. These fittings counter the impacts of carbon dioxide and hydrogen sulfide, as well as high temperatures. The high content of copper and molybdenum in stainless steel oil and gas pipe fittings ensure low thermal expansion and high thermal conductivity, whereas the presence of nickel assures high resistance against corrosion cracking.

Global Oil and Gas Fittings MarketRequest Free Sample

Oil and gas fittings such as long radius pipes are gaining high traction in this platform as they lower the pressure loss during the directional change of flow along with smooth maintenance.

Due to prolonged exposure to high-pressure distribution, oil and gas fittings require regular maintenance. Oil and gas fittings made of stainless steel are capable of withstanding high pressure. Favorable government policies along with new discoveries in oil and gas fields are likely to drive the global oil and gas fitting market in the forecast timeframe. Additionally, a rise in the oil and gas exploration activities in various parts of the world is anticipated to fuel the market demand over the forecast period. Furthermore, increasing consumption of crude oil is also likely to boost the oil and gas fittings market growth in the forecast timeframe.

Regional Landscape

Based on region, North America accounted for the largest market share in 2018. The region is further anticipated to register the highest CAGR over the forecast period owing to increasing onshore exploration activities. U.S. has started several projects for natural gas exploration and transportation pipeline. Moreover, increasing intra-country and inter-country on-shore pipeline projects in the U.S. and Canada to satisfy the rising demand for oil and gas is capturing the attention of oil and gas manufacturers to invest in the region.

Oil and Gas Fittings Market: Report Scope

Report Attributes Report Details
Report Name Oil and Gas Fittings Market Size Report
Market Size in 2018 USD 1.06 Billion
Market Forecast in 2026 USD 1.32 Billion
Growth Rate CAGR of 2.8%
Number of Pages 188
Forecast Units Value (USD Billion), and Volume (Units)
Key Companies Covered Techtronic Industries Co., Ltd., Stanley Black & Decker, Inc., Champion Power Equipment, Inc., Stephill Generators Ltd., Hyundai Power Equipment, SGS Engineering (UK) Ltd., Yamaha Motor Co., Ltd., Generac Power Systems, Inc., Honda Motor Co. Ltd., and Kohler Co.
Segments Covered By Type, By Power Output, By Application and By Region.
Base Year 2018
Historical Year 2015 to 2018
Forecast Year 2018 - 2026
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Competitive Landscape

  • Techtronic Industries Co.
  • Stanley Black & Decker
  • Champion Power Equipment
  • Stephill Generators Ltd.
  • Hyundai Power Equipment
  • SGS Engineering (UK) Ltd.
  • Yamaha Motor Co.
  • Generac Power Systems
  • Honda Motor Co. Ltd.
  • Kohler Co.

By Type

  • Portable Generator
  • Stationary Generato

By Power Output

  • Less than 1.0 KW
  • 1.0 to 3.0 KW
  • 3.0 to 5.0 KW
  • More than 5.0 KW

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Global oil and gas fitting market valued US$ 1.06 Billion in 2018 and is expected to be valued at US$1.32 Billion in 2026

Techtronic Industries Co., Ltd., Stanley Black & Decker, Inc., Champion Power Equipment, Inc., Stephill Generators Ltd., Hyundai Power Equipment, SGS Engineering (UK) Ltd., Yamaha Motor Co., Ltd., Generac Power Systems, Inc., Honda Motor Co. Ltd., and Kohler Co.

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