Report analysts forecast the global Christmas tree market to grow at a CAGR of 3.24% during the period 2018-2022.

A Christmas tree is a vertical assembly of mechanical elements, including valves, pressure gauges, spools, and chokes which are fitted to the wellhead of completed wells used in oil exploration and production.

Report Covered  
The report covers the present scenario and the growth prospects of the global Christmas tree market for 2018-2022. To calculate the market size, the report considers the revenue generated from the use of a Christmas tree across various onshore and offshore applications.

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The market is divided into the following segments based on geography: 
• Americas
• APAC
• EMEA

The Global Christmas Tree Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts.

Key vendors 
• Aker Solutions
• Dril-Quip
• GENERAL ELECTRIC
• Halliburton
• Schlumberger
• TechnipFMC

Market driver
• Increasing consumption of oil and natural gas
• For a full, detailed list, view our report 

Market challenge 
• Withdrawal of investment in oil and gas industry by the World Bank Group
• For a full, detailed list, view our report 

Market trend 
• Rising investments in the shale industry
• For a full, detailed list, view our report 

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