Landing String Equipment Market Size, Share and Trends 2026 to 2035

Revenue, 2025

USD 350.00 Mn

Forecast Year, 2035

USD 701.48 Mn

CAGR, 2026 - 2035

7.20%

Report Coverage

Global

What is the Landing String Equipment Market Size in 2026?

The global landing string equipment market size accounted for USD 350.00 million in 2025 and is predicted to increase from USD 375.20 million in 2026 to approximately USD 701.48 million by 2035, expanding at a CAGR of 7.20% from 2026 to 2035. The market is fuelled by the growing offshore exploration operations and the growing complexity of deepwater drilling operations. Increasing energy consumption and the development of drilling technologies are further enhancing the uptake in numerous oil and gas projects around the world.

Key Takeaways

• North America dominated the global landing string equipment market with a share of approximately 36% in 2025.
• Asia-Pacific is expected to grow at the fastest CAGR of approximately 8.4% in the market during the forecast period.
• By equipment type, the lubricator valves segment held a dominant position in the market with a share of approximately 24% in 2025.
• By equipment type, the subsea test trees segment is expected to grow at the fastest CAGR in the market between 2026 and 2035.
• By application, the deepwater operations segment led the global market with a share of approximately 42% in 2025.
• By application, the ultra-deepwater operations segment is expected to grow with the highest CAGR in the market during the studied years.
• By well type, the offshore wells segment held the largest revenue share of approximately 73% in the market in 2025 and is expected to show the fastest growth over the forecast period.
• By water depth, the shallow water (<500 m) segm ent registered its dominance over the global market share of 41% in 2025.
• By water depth, the ultra-deepwater segment is expected to witness the fastest growth in the market over the forecast period.
• By end user, the oil and gas exploration and production companies segment contributed the biggest revenue share of 46% in the market in 2025.
• By end user, the oilfield service companies segment is expected to gain the highest market share between 2026 and 2035.

Landing String Equipment: Enhancing the Efficiency and Safety of Offshore Drilling

The landing string equipment market comprises specialized subsea drilling and well-control equipment used during offshore well testing, completion, and intervention operations. Landing string systems provide pressure control and structural support when installing subsea equipment such as subsea test trees, valves, and tubing. These systems are critical for deepwater and ultra-deepwater drilling operations, ensuring safe well control under high-pressure conditions.

The market is growing at a steady rate, with offshore oil and gas exploration in the deepwater and ultra-deepwater. Landing strings are also an important factor in well control, pressure management, and safe installation of subsea equipment. Operators are also targeting high-strength alloy corrosion-resistant alloys that stand extreme marine conditions. The expansion of offshore infrastructure and underwater developments is also serving to boost the long-term market growth.

Impact of AI on the Landing String Equipment Market

Artificial intelligence (AI) revolutionizes the landing string equipment through the use of predictive maintenance and real-time monitoring systems to improve landing string performance. AI-based analytics are used to maximize the use of pressure and minimize the risks of equipment failures. AI can reduce costs and significantly improve drilling efficiency. Machine learning (ML) models process drilling data to improve operational performance and reduce downtime. Digital twins and smart sensors are being integrated to make offshore operations safer and less expensive.

Landing String Equipment Market Trends

• Technological Advancements: The reliability and performance are being enhanced by continuous innovations in high-strength alloys, sophisticated sealing systems, and intelligent monitoring tools.
• Growing Demand for Oil and Gas: Increased energy consumption in the world is pushing offshore exploration and production.
• Sustainability Trends: Tougher policies by government bodies are promoting the implementation of well-developed spill-prevention and well-control technologies, encouraging enhanced safety and environmental sustainability.
• Migration to Hybrid Solutions: Hybrid landing strings with a combination of mechanical and electronic surveillance are becoming common.
• Increasing Investments in Offshore Projects: The offshore rigs and subsea developments have increased demand due to the growing capital expenditure in this sector.

Market Scope

Segmental Insights

Equipment Type Insights

Which Equipment Type Segment Dominated the Landing String Equipment Market?

The lubricator valves segment dominated the market with a share of approximately 24% in 2025, owing to their significance in controlling pressure in well intervention and testing. They guarantee the safety of the tool insertion and removal during high-pressure offshore operations. They are also very reliable and compatible with subsea systems and thus are needed in deepwater operations. Unceasing renewals of sealing and pressure-resistance technology facilitate their supremacy.

Landing String Equipment Market Share, By Equipment Type, 2025 (%)

The subsea test trees segment is expected to be the fastest-growing segment in the forecast period, since there is a rise in deepwater and ultra-deepwater exploration. These systems have greater well control and emergency shut-off capability. The increasing safety level is influencing the use of advanced test tree assemblies. Compact and high-pressure technological innovation potentiates the segment's growth. The subsea test tree is run and installed on a landing string inside the marine riser. It forms an integral part of the subsea landing string for well test or intervention operations.

Application Insights

What Made the Deepwater Operations Segment Dominate the Market?

The deepwater operations segment registered its dominance in the market with a share of approximately 42% in 2025, owing to its significance in controlling pressure in well intervention and testing. They guarantee the safety of the tool insertion and removal during high-pressure offshore operations. They are also very reliable and compatible with subsea systems and thus are needed in deepwater operations. Unceasing renewals of sealing and pressure-resistance technology facilitate their supremacy.

The ultra-deepwater operations segment is expected to gain the highest market share between 2026 and 2035, as ultra-deepwater operations demand high performance landing string system that can survive high pressures and temperature conditions. Improved technology is facilitating safe working at high levels. An increase in investment in frontier offshore basins drives the segment's growth. The growing demand for oil and gas exploration and technological advancements facilitates addressing high-pressure, low-temperature, and complex geological conditions.

Well Type Insights

How the Offshore Wells Segment Dominated the Landing String Equipment Market?

The offshore wells segment contributed the biggest revenue share of approximately 73% and is expected to expand rapidly in the coming years because of the growing offshore exploration activities. Landing strings are made to be used in the subsea well control and intervention. The increase in investment in offshore oil and gas production adds pressure. The nature of deepwater and ultra-deepwater well designs drives the requirement for higher-tension capacity landing strings.

Water Depth Insights

Why Did the Deepwater Segment Dominate the Landing String Equipment Market?

The deepwater segment accounted for the highest revenue share of approximately 41% in 2025, due to a well-developed infrastructure and drilling activities in progress. The environment where the landing strings are used entails corrosion resistance and durability. Stable production of mature basins contributes to high consistency of utilization. There is operational familiarity, which is the source of a consistent demand.

The ultra-deepwater segment is expected to be the fastest-growing segment in the forecast period, where exploration is going to more challenging environments. The subsea pressures need to be of extreme levels that can be supported by advanced landing strings. Reliability and safety are due to technological advances. The growth of the segment is due to increasing capital investment in frontier regions.

End User Insights

The oil and gas exploration and production companies segment registered its dominance over the market with a share of approximately 46% in 2025, as major players in offshore drilling projects. They directly invest in high-performance landing string systems to ensure operational safety. Oil and gas exploration encompasses the processes and methods involved in locating potential sites for oil and gas drilling and extraction. Offshore development plans need continuous provision of equipment.

Landing String Equipment Market Share, By End User, 2025 (%)

The oilfield service companies segment is expected to witness the fastest growth in the market over the forecast period because of outsourcing trends. Well testing and completion are becoming a form of specialization by service providers of E&P operators. The service companies invest in high-tech landing strings. Increased offshore contracts increase growth.

Regional Insights

North America Landing String Equipment Market Size and Growth 2026 to 2035

The North America landing string equipment market size is estimated at USD 126.00 million in 2025 and is projected to reach approximately USD 256.06 million by 2035, with a 7.35% CAGR from 2026 to 2035.

Why North America Dominated the Landing String Equipment Market?

North America held a major revenue share of the market share of 36% in 2025 because it has a robust offshore exploration and production infrastructure. The area enjoys the development of high-technology drilling and offshore infrastructure. The sustained demand is supported by continuous investment in deepwater projects in the Gulf of Mexico. High-performance landing string systems are being adopted due to stringent safety and environmental regulations. The existence of the dominated oilfield service providers enhances the ability to innovate and supply. The fact that the production of crude oil is stabilized further strengthens the leadership in the region.

U.S. Landing String Equipment Market Size and Growth 2026 to 2035

The U.S. landing string equipment market size is calculated at USD 94.50 million in 2025 and is expected to reach nearly USD 193.31 million in 2035, accelerating at a strong CAGR of 7.42% between 2026 and 2035.

U.S. Country-Level Analysis

The U.S. has the highest share at the country level owing to the comprehensive offshore drilling in the Gulf of Mexico. The equipment acquisition is maintained by the high capital expenditure of major E&P companies. Canada also plays a role in offshore operations in the Atlantic Ocean, especially in Newfoundland. There are increased operational standards with technological knowledge and good regulatory frameworks. There are local manufacturing and service capabilities that aid in the efficiency of the supply chain.

Why is Asia-Pacific the Fastest-Growing Region in the Market?

Asia-Pacific is expected to witness the fastest growth during the predicted timeframe because of the increased offshore exploration initiatives. An increase in energy demand is motivating governments to invest in offshore production within the country. The discovery of new deepwater fields in Southeast Asia and Australia is increasing the demand for equipment. Growing foreign direct investment in offshore ventures will boost the development of infrastructure. Collaborative technology with service providers across the globe strengthens the regional capacities. Rapid industrialization also enhances the energy demand over the long term.

Country-Level Analysis

China is a significant source of growth at the country-level, where offshore exploration of the South China Sea is rising. India is increasing deepwater drilling as a national measure of energy security. Australia continues to invest in offshore gas projects, especially those that are related to LNG. Malaysia and Indonesia are enhancing undersea exploration.

Landing String Equipment Market Value Chain Analysis

Landing String Equipment Market Companies

• Schlumberger Ltd
• National Oilwell Varco Inc.
• Superior Energy Services Inc.
• Enovate Systems Ltd
• Yantai Enerserva Machinery Co. Ltd.
• Expro Holdings UK 2 Ltd.
• Vallourec SA
• TechnipFMC plc
• Workstrings International
• Interventek Subsea Engineering
• ExPert E&P Companies LLC

Segments Covered in the Report

By Equipment Type

• Lubricator Valves
• Subsea Test Trees
• Retainer Valves
• Shear Subs
• Slick Joints
• Other Landing String Components

By Application

• Deepwater Operations
• Ultra-Deepwater Operations
• Shallow Water Operations

By Well Type

• Offshore Wells
• Onshore Wells

By Water Depth

• Shallow Water (<500 m)
• Deepwater (500–1500 m)
• Ultra-Deepwater (>1500 m)

By End User

• Oil and Gas Exploration and Production Companies
• Oilfield Service Companie
• Engineering and Drilling Contractors
• Research and Development Organizations

By Region

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa