Oilfield Equipment

Oilfield Equipment

Global Oilfield Equipment Market to Reach $142.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Oilfield Equipment estimated at US$117.3 Billion in the year 2020, is projected to reach a revised size of US$142.6 Billion by 2027, growing at a CAGR of 2.8% over the analysis period 2020-2027. Drilling Equipment, one of the segments analyzed in the report, is projected to record a 2.9% CAGR and reach US$101.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Field Production Machinery segment is readjusted to a revised 2.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $31.8 Billion, While China is Forecast to Grow at 5.3% CAGR

The Oilfield Equipment market in the U.S. is estimated at US$31.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$29.1 Billion by the year 2027 trailing a CAGR of 5.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and 2.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR.

Pumps & Valves Segment to Record 4% CAGR

In the global Pumps & Valves segment, USA, Canada, Japan, China and Europe will drive the 3.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$5.4 Billion in the year 2020 will reach a projected size of US$6.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$19.4 Billion by the year 2027, while Latin America will expand at a 4.8% CAGR through the analysis period. We bring years of research experience to this 9th edition of our report. The 190-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

  • Abbott Oil Services Limited
  • Aker Solutions ASA
  • Baker Hughes, a GE company
  • Cameron - Schlumberger
  • Eni SpA
  • Halliburton
  • National Oilwell Varco, Inc.
  • Schlumberger Ltd.
  • Transocean Ltd.
  • Weatherford International Ltd.


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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Oilfield Equipment Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: Oilfield Equipment Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Oilfield Equipment Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
TABLE 3: Oilfield Equipment Market Share Shift across Key Geographies Worldwide:
2012 VS 2020 VS 2027
TABLE 4: Drilling Equipment (Product) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 5: Drilling Equipment (Product) Historic Market Analysis by Region/Country in US$ Million:
2012 to 2019
TABLE 6: Drilling Equipment (Product) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
TABLE 7: Field Production Machinery (Product) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 8: Field Production Machinery (Product) Historic Market Perspective by Region/Country
in US$ Million: 2012 to 2019
TABLE 9: Field Production Machinery (Product) Market Sales Breakdown by Region/Country
in Percentage: 2012 VS 2020 VS 2027
TABLE 10: Pumps & Valves (Product) Geographic Market Spread Worldwide in US$ Million:
2020 to 2027
TABLE 11: Pumps & Valves (Product) Region Wise Breakdown of Global Historic Demand
in US$ Million: 2012 to 2019
TABLE 12: Pumps & Valves (Product) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
TABLE 13: Other Products (Product) World Market Estimates and Forecasts by Region/Country
in US$ Million: 2020 to 2027
TABLE 14: Other Products (Product) Market Historic Review by Region/Country in US$ Million:
2012 to 2019
TABLE 15: Other Products (Product) Market Share Breakdown by Region/Country:
2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Oilfield Equipment Market Share (in %) by Company: 2019 & 2025
Market Analytics
TABLE 16: United States Oilfield Equipment Market Estimates and Projections in US$ Million
by Product: 2020 to 2027
TABLE 17: Oilfield Equipment Market in the United States by Product: A Historic Review
in US$ Million for 2012-2019
TABLE 18: United States Oilfield Equipment Market Share Breakdown by Product:
2012 VS 2020 VS 2027
CANADA
TABLE 19: Canadian Oilfield Equipment Market Estimates and Forecasts in US$ Million
by Product: 2020 to 2027
TABLE 20: Canadian Oilfield Equipment Historic Market Review by Product in US$ Million:
2012-2019
TABLE 21: Oilfield Equipment Market in Canada: Percentage Share Breakdown of Sales
by Product for 2012, 2020, and 2027
JAPAN
TABLE 22: Japanese Market for Oilfield Equipment: Annual Sales Estimates and Projections
in US$ Million by Product for the Period 2020-2027
TABLE 23: Oilfield Equipment Market in Japan: Historic Sales Analysis in US$ Million by Product
for the Period 2012-2019
TABLE 24: Japanese Oilfield Equipment Market Share Analysis by Product:
2012 VS 2020 VS 2027
CHINA
TABLE 25: Chinese Oilfield Equipment Market Growth Prospects in US$ Million by Product
for the Period 2020-2027
TABLE 26: Oilfield Equipment Historic Market Analysis in China in US$ Million by Product:
2012-2019
TABLE 27: Chinese Oilfield Equipment Market by Product: Percentage Breakdown of Sales
for 2012, 2020, and 2027
EUROPE
Market Facts & Figures
European Oilfield Equipment Market: Competitor Market Share Scenario (in %) for 2019 & 2025
Market Analytics
TABLE 28: European Oilfield Equipment Market Demand Scenario in US$ Million
by Region/Country: 2020-2027
TABLE 29: Oilfield Equipment Market in Europe: A Historic Market Perspective in US$ Million
by Region/Country for the Period 2012-2019
TABLE 30: European Oilfield Equipment Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
TABLE 31: European Oilfield Equipment Market Estimates and Forecasts in US$ Million
by Product: 2020-2027
TABLE 32: Oilfield Equipment Market in Europe in US$ Million by Product: A Historic Review
for the Period 2012-2019
TABLE 33: European Oilfield Equipment Market Share Breakdown by Product:
2012 VS 2020 VS 2027
FRANCE
TABLE 34: Oilfield Equipment Market in France by Product: Estimates and Projections
in US$ Million for the Period 2020-2027
TABLE 35: French Oilfield Equipment Historic Market Scenario in US$ Million by Product:
2012-2019
TABLE 36: French Oilfield Equipment Market Share Analysis by Product: 2012 VS 2020 VS 2027
GERMANY
TABLE 37: Oilfield Equipment Market in Germany: Recent Past, Current and Future Analysis
in US$ Million by Product for the Period 2020-2027
TABLE 38: German Oilfield Equipment Historic Market Analysis in US$ Million by Product:
2012-2019
TABLE 39: German Oilfield Equipment Market Share Breakdown by Product:
2012 VS 2020 VS 2027
ITALY
TABLE 40: Italian Oilfield Equipment Market Growth Prospects in US$ Million by Product
for the Period 2020-2027
TABLE 41: Oilfield Equipment Historic Market Analysis in Italy in US$ Million by Product:
2012-2019
TABLE 42: Italian Oilfield Equipment Market by Product: Percentage Breakdown of Sales
for 2012, 2020, and 2027
UNITED KINGDOM
TABLE 43: United Kingdom Market for Oilfield Equipment: Annual Sales Estimates and
Projections in US$ Million by Product for the Period 2020-2027
TABLE 44: Oilfield Equipment Market in the United Kingdom: Historic Sales Analysis in US$ Million by Product for the Period 2012-2019
TABLE 45: United Kingdom Oilfield Equipment Market Share Analysis by Product:
2012 VS 2020 VS 2027
SPAIN
TABLE 46: Spanish Oilfield Equipment Market Estimates and Forecasts in US$ Million
by Product: 2020 to 2027
TABLE 47: Spanish Oilfield Equipment Historic Market Review by Product in US$ Million:
2012-2019
TABLE 48: Oilfield Equipment Market in Spain: Percentage Share Breakdown of Sales
by Product for 2012, 2020, and 2027
RUSSIA
TABLE 49: Russian Oilfield Equipment Market Estimates and Projections in US$ Million
by Product: 2020 to 2027
TABLE 50: Oilfield Equipment Market in Russia by Product: A Historic Review in US$ Million
for 2012-2019
TABLE 51: Russian Oilfield Equipment Market Share Breakdown by Product:
2012 VS 2020 VS 2027
REST OF EUROPE
TABLE 52: Rest of Europe Oilfield Equipment Market Estimates and Forecasts in US$ Million
by Product: 2020-2027
TABLE 53: Oilfield Equipment Market in Rest of Europe in US$ Million by Product: A Historic
Review for the Period 2012-2019
TABLE 54: Rest of Europe Oilfield Equipment Market Share Breakdown by Product:
2012 VS 2020 VS 2027
ASIA-PACIFIC
TABLE 55: Asia-Pacific Oilfield Equipment Market Estimates and Forecasts in US$ Million
by Region/Country: 2020-2027
TABLE 56: Oilfield Equipment Market in Asia-Pacific: Historic Market Analysis in US$ Million
by Region/Country for the Period 2012-2019
TABLE 57: Asia-Pacific Oilfield Equipment Market Share Analysis by Region/Country:
2012 VS 2020 VS 2027
TABLE 58: Oilfield Equipment Market in Asia-Pacific by Product: Estimates and Projections
in US$ Million for the Period 2020-2027
TABLE 59: Asia-Pacific Oilfield Equipment Historic Market Scenario in US$ Million by Product:
2012-2019
TABLE 60: Asia-Pacific Oilfield Equipment Market Share Analysis by Product: 2012 VS 2020 VS 2027
AUSTRALIA
TABLE 61: Oilfield Equipment Market in Australia: Recent Past, Current and Future Analysis
in US$ Million by Product for the Period 2020-2027
TABLE 62: Australian Oilfield Equipment Historic Market Analysis in US$ Million by Product:
2012-2019
TABLE 63: Australian Oilfield Equipment Market Share Breakdown by Product:
2012 VS 2020 VS 2027
INDIA
TABLE 64: Indian Oilfield Equipment Market Estimates and Forecasts in US$ Million by Product: 2020 to 2027
TABLE 65: Indian Oilfield Equipment Historic Market Review by Product in US$ Million: 2012-2019
TABLE 66: Oilfield Equipment Market in India: Percentage Share Breakdown of Sales by Product
for 2012, 2020, and 2027
SOUTH KOREA
TABLE 67: Oilfield Equipment Market in South Korea: Recent Past, Current and Future Analysis
in US$ Million by Product for the Period 2020-2027
TABLE 68: South Korean Oilfield Equipment Historic Market Analysis in US$ Million by Product: 2012-2019
TABLE 69: Oilfield Equipment Market Share Distribution in South Korea by Product:
2012 VS 2020 VS 2027
REST OF ASIA-PACIFIC
TABLE 70: Rest of Asia-Pacific Market for Oilfield Equipment: Annual Sales Estimates and Projections in US$ Million by Product for the Period 2020-2027
TABLE 71: Oilfield Equipment Market in Rest of Asia-Pacific: Historic Sales Analysis
in US$ Million by Product for the Period 2012-2019
TABLE 72: Rest of Asia-Pacific Oilfield Equipment Market Share Analysis by Product:
2012 VS 2020 VS 2027
LATIN AMERICA
TABLE 73: Latin American Oilfield Equipment Market Trends by Region/Country in US$ Million: 2020-2027
TABLE 74: Oilfield Equipment Market in Latin America in US$ Million by Region/Country:
A Historic Perspective for the Period 2012-2019
TABLE 75: Latin American Oilfield Equipment Market Percentage Breakdown of Sales
by Region/Country: 2012, 2020, and 2027
TABLE 76: Latin American Oilfield Equipment Market Growth Prospects in US$ Million
by Product for the Period 2020-2027
TABLE 77: Oilfield Equipment Historic Market Analysis in Latin America in US$ Million
by Product: 2012-2019
TABLE 78: Latin American Oilfield Equipment Market by Product: Percentage Breakdown
of Sales for 2012, 2020, and 2027
ARGENTINA
TABLE 79: Argentinean Oilfield Equipment Market Estimates and Forecasts in US$ Million
by Product: 2020-2027
TABLE 80: Oilfield Equipment Market in Argentina in US$ Million by Product: A Historic Review
for the Period 2012-2019
TABLE 81: Argentinean Oilfield Equipment Market Share Breakdown by Product:
2012 VS 2020 VS 2027
BRAZIL
TABLE 82: Oilfield Equipment Market in Brazil by Product: Estimates and Projections
in US$ Million for the Period 2020-2027
TABLE 83: Brazilian Oilfield Equipment Historic Market Scenario in US$ Million by Product:
2012-2019
TABLE 84: Brazilian Oilfield Equipment Market Share Analysis by Product: 2012 VS 2020 VS 2027
MEXICO
TABLE 85: Oilfield Equipment Market in Mexico: Recent Past, Current and Future Analysis
in US$ Million by Product for the Period 2020-2027
TABLE 86: Mexican Oilfield Equipment Historic Market Analysis in US$ Million by Product:
2012-2019
TABLE 87: Mexican Oilfield Equipment Market Share Breakdown by Product:
2012 VS 2020 VS 2027
REST OF LATIN AMERICA
TABLE 88: Rest of Latin America Oilfield Equipment Market Estimates and Projections
in US$ Million by Product: 2020 to 2027
TABLE 89: Oilfield Equipment Market in Rest of Latin America by Product: A Historic Review
in US$ Million for 2012-2019
TABLE 90: Rest of Latin America Oilfield Equipment Market Share Breakdown by Product:
2012 VS 2020 VS 2027
MIDDLE EAST
TABLE 91: The Middle East Oilfield Equipment Market Estimates and Forecasts in US$ Million
by Region/Country: 2020-2027
TABLE 92: Oilfield Equipment Market in the Middle East by Region/Country in US$ Million:
2012-2019
TABLE 93: The Middle East Oilfield Equipment Market Share Breakdown by Region/Country:
2012, 2020, and 2027
TABLE 94: The Middle East Oilfield Equipment Market Estimates and Forecasts in US$ Million
by Product: 2020 to 2027
TABLE 95: The Middle East Oilfield Equipment Historic Market by Product in US$ Million:
2012-2019
TABLE 96: Oilfield Equipment Market in the Middle East: Percentage Share Breakdown
of Sales by Product for 2012,2020, and 2027
IRAN
TABLE 97: Iranian Market for Oilfield Equipment: Annual Sales Estimates and Projections
in US$ Million by Product for the Period 2020-2027
TABLE 98: Oilfield Equipment Market in Iran: Historic Sales Analysis in US$ Million by Product
for the Period 2012-2019
TABLE 99: Iranian Oilfield Equipment Market Share Analysis by Product: 2012 VS 2020 VS 2027
ISRAEL
TABLE 100: Israeli Oilfield Equipment Market Estimates and Forecasts in US$ Million by Product: 2020-2027
TABLE 101: Oilfield Equipment Market in Israel in US$ Million by Product: A Historic Review
for the Period 2012-2019
TABLE 102: Israeli Oilfield Equipment Market Share Breakdown by Product: 2012 VS 2020 VS 2027
SAUDI ARABIA
TABLE 103: Saudi Arabian Oilfield Equipment Market Growth Prospects in US$ Million by Product for the Period 2020-2027
TABLE 104: Oilfield Equipment Historic Market Analysis in Saudi Arabia in US$ Million by Product: 2012-2019
TABLE 105: Saudi Arabian Oilfield Equipment Market by Product: Percentage Breakdown
of Sales for 2012, 2020, and 2027
UNITED ARAB EMIRATES
TABLE 106: Oilfield Equipment Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Product for the Period 2020-2027
TABLE 107: United Arab Emirates Oilfield Equipment Historic Market Analysis in US$ Million
by Product: 2012-2019
TABLE 108: Oilfield Equipment Market Share Distribution in United Arab Emirates by Product:
2012 VS 2020 VS 2027
REST OF MIDDLE EAST
TABLE 109: Oilfield Equipment Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million by Product for the Period 2020-2027
TABLE 110: Rest of Middle East Oilfield Equipment Historic Market Analysis in US$ Million
by Product: 2012-2019
TABLE 111: Rest of Middle East Oilfield Equipment Market Share Breakdown by Product:
2012 VS 2020 VS 2027
AFRICA
TABLE 112: African Oilfield Equipment Market Estimates and Projections in US$ Million
by Product: 2020 to 2027
TABLE 113: Oilfield Equipment Market in Africa by Product: A Historic Review in US$ Million
for 2012-2019
TABLE 114: African Oilfield Equipment Market Share Breakdown by Product: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 46

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