| Product Code: ETC6165018 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Armenia import trend for oil extraction equipment in the period 2020-2024 experienced a negative Compound Annual Growth Rate (CAGR) of -37.0%. This significant decline in imports indicates a substantial reduction in demand for such equipment, reflecting potential challenges in the oil extraction market and a possible shift in sourcing strategies by local industry players.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Oil Extraction Equipment Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Oil Extraction Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Oil Extraction Equipment Market - Industry Life Cycle |
3.4 Armenia Oil Extraction Equipment Market - Porter's Five Forces |
3.5 Armenia Oil Extraction Equipment Market Revenues & Volume Share, By Extraction Type, 2021 & 2031F |
3.6 Armenia Oil Extraction Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Armenia Oil Extraction Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Armenia Oil Extraction Equipment Market Revenues & Volume Share, By Content, 2021 & 2031F |
4 Armenia Oil Extraction Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for oil extraction equipment in Armenia due to the growth of the oil industry in the region. |
4.2.2 Technological advancements leading to more efficient and cost-effective oil extraction equipment. |
4.2.3 Government initiatives and policies supporting the development of the oil extraction sector in Armenia. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of crude oil impacting investment decisions in oil extraction equipment. |
4.3.2 Environmental concerns and regulations affecting the use of oil extraction equipment. |
4.3.3 Competition from alternative energy sources impacting the demand for oil extraction equipment. |
5 Armenia Oil Extraction Equipment Market Trends |
6 Armenia Oil Extraction Equipment Market, By Types |
6.1 Armenia Oil Extraction Equipment Market, By Extraction Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Oil Extraction Equipment Market Revenues & Volume, By Extraction Type, 2021- 2031F |
6.1.3 Armenia Oil Extraction Equipment Market Revenues & Volume, By Conventional Extraction, 2021- 2031F |
6.1.4 Armenia Oil Extraction Equipment Market Revenues & Volume, By Ultrasonic Extraction, 2021- 2031F |
6.2 Armenia Oil Extraction Equipment Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Armenia Oil Extraction Equipment Market Revenues & Volume, By Super-Critical CO2 Extraction, 2021- 2031F |
6.2.3 Armenia Oil Extraction Equipment Market Revenues & Volume, By Ethanol Extraction, 2021- 2031F |
6.2.4 Armenia Oil Extraction Equipment Market Revenues & Volume, By Hydrocarbon Extraction, 2021- 2031F |
6.2.5 Armenia Oil Extraction Equipment Market Revenues & Volume, By Solvent-Less Extraction, 2021- 2031F |
6.2.6 Armenia Oil Extraction Equipment Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Armenia Oil Extraction Equipment Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Armenia Oil Extraction Equipment Market Revenues & Volume, By Cannabis and Hemp Plant, 2021- 2031F |
6.3.3 Armenia Oil Extraction Equipment Market Revenues & Volume, By Recreational cannabis, 2021- 2031F |
6.3.4 Armenia Oil Extraction Equipment Market Revenues & Volume, By Medical cannabis, 2021- 2031F |
6.3.5 Armenia Oil Extraction Equipment Market Revenues & Volume, By Other, 2021- 2031F |
6.3.6 Armenia Oil Extraction Equipment Market Revenues & Volume, By Herbal and Medicinal Plant, 2021- 2031F |
6.3.7 Armenia Oil Extraction Equipment Market Revenues & Volume, By Spices and Tea, 2021- 2031F |
6.4 Armenia Oil Extraction Equipment Market, By Content |
6.4.1 Overview and Analysis |
6.4.2 Armenia Oil Extraction Equipment Market Revenues & Volume, By High Oil Content, 2021- 2031F |
6.4.3 Armenia Oil Extraction Equipment Market Revenues & Volume, By Low Oil Content, 2021- 2031F |
7 Armenia Oil Extraction Equipment Market Import-Export Trade Statistics |
7.1 Armenia Oil Extraction Equipment Market Export to Major Countries |
7.2 Armenia Oil Extraction Equipment Market Imports from Major Countries |
8 Armenia Oil Extraction Equipment Market Key Performance Indicators |
8.1 Average utilization rate of oil extraction equipment in Armenia. |
8.2 Adoption rate of new technology in oil extraction equipment. |
8.3 Number of government contracts awarded for oil extraction equipment projects. |
8.4 Energy efficiency improvements in oil extraction equipment. |
8.5 Rate of compliance with environmental regulations in the oil extraction sector. |
9 Armenia Oil Extraction Equipment Market - Opportunity Assessment |
9.1 Armenia Oil Extraction Equipment Market Opportunity Assessment, By Extraction Type, 2021 & 2031F |
9.2 Armenia Oil Extraction Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Armenia Oil Extraction Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Armenia Oil Extraction Equipment Market Opportunity Assessment, By Content, 2021 & 2031F |
10 Armenia Oil Extraction Equipment Market - Competitive Landscape |
10.1 Armenia Oil Extraction Equipment Market Revenue Share, By Companies, 2024 |
10.2 Armenia Oil Extraction Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |