Global Oil and Gas Field Equipment and Service Market 2015-2020
The global oil and gas field equipment and services market is expected to grow with a CAGR of6% over 2015-2020. The major drivers of oil and gas field equipment and services are growingdemand of oil and gas and a stronger pricing for pressure pumping services. New technologyadvancement for oil recovery factors and increasing deepwater drilling activities because of thehuge reserve of shale gas in the US and China are driving the growth of oil and gas fieldequipment and services market. The rising development of unconventional resources is drivingthe need for oil and gas field equipment and services. Rest of the World is expected to remain theleading region because of presence of huge reserves in both onshore and offshore areas in theMiddle East. Deepwater and exploration activities in East and West Africa and geo-marketactivities in Nigeria, Angola, and the Gulf of Guinea are expected to drive the demand during theforecast period.
Lucintel, a leading global management consulting and market research firm, has analyzed theglobal oil and gas field equipment and services market by types and regions, and has come upwith a comprehensive research report, “Global Oil and Gas Field Equipment and ServicesMarket 2015-2020: Trend, Profit, and Forecast Analysis.” This report provides an analysis ofglobal oil and gas field equipment and services market, including the market trends, growthopportunities, profitability, key drivers, and emerging trends. The study also includes forecast ofglobal oil and gas field equipment and services market through 2020, segmented by the types ofservices and regions as follows:
The global oil and gas field equipment and services market by market types:
- Oil & Gas Drilling
- Well Completion and Production
- Equipment and Infrastructure
- Drilling Related Services
The global oil and gas field equipment and services market by regions:
- North America
- Asia Pacific
- Rest of World
On the basis of its comprehensive research, Lucintel forecasts that majority of the segments ofthe oil and gas field equipment and services market will have good growth during 2015-2020.Equipment and infrastructure along with drilling related services are expected to emerge as thelargest segment for oil and gas field equipment and services market in 2020. SchlumbergerLimited, Halliburton Co., Baker Hughes, Saipem SpA, and National Oilwell Varco, are among themajor suppliers of oil and gas field equipment and services. The industry players are going forpartnership and strategic alliances to deliver unique solutions and meet the constantly changingindustry demands of customers.
This unique report from Lucintel will provide you with valuable information, insights, and toolsneeded to identify new growth opportunities and operate your business successfully in thismarket. This report will save hundreds of hours of your own personal research time and willsignificantly benefit you in expanding your business in this market. In today’s stringent economy,you need every advantage that you can find.
Features and Scope of this Report:
To make business, investment, and strategic decisions, you need timely, useful information. Thismarket report fulfills this core need and is an indispensable reference guide for multinationalmaterials suppliers, product manufacturers, investors, executives, distributors, and many morethat operate in this market.
Some of the features of “Global Oil and Gas Field Equipment and Services Market 2015–2020:Trend, Profit, and Forecast Analysis” include:
- Analysis of competitive intensity of the market based on Porter’s Five Forces model which helps to understand the competitive position of industry players.
- Market size in terms of value ($B) by segments, market size trend (2009-2014) and forecast (2015-2020) for key regional segments to make major investment decisions.
- Regional analysis provides oil and gas field equipment and services market breakdown by regions among North America, Europe, APAC and ROW.
- Competitor analysis: growth leadership analysis, market drivers and challenges, growth opportunities analysis by segment market and by regional market that helps to ascertain a sound investment decision.
- Market strategic assessment, emerging trends, innovations and new product launches, mergers and acquisitions by the market players are studied in the report.
The report is in power point presentation format and has hundreds of critical data and marketinsights that will help in effective decision making.