Global Oilfield Services Market segmented by type (Coiled Tubing Services, Well Completion Equipment & Services, Drilling & Completion Fluids Services) and by Application (Onshore, Offshore) – Forecast to 2022
“Global Oilfield Services Market Size, Status And Forecast 2022”
The report, titled Global Oilfield Services Market presents an in-depth study of the Oilfield Services Market. Providing a brief history about the market, the report analyses the entire value chain of the market and points out the key drivers and restraints affecting the growth of the market during the forecast period.
The report also analyses the market attractiveness and the effect of Porter’s Five Forces on the various factors governing the overall Oilfield Services Market.
The pressure pumping services oilfield sub-segment, within the services segment, led the oilfield services market in 2016, and is projected to dominate the market during the forecast period. However, the well completion equipment and services segment is expected to grow at the fastest rate during the forecast period.
Pressure pumping oilfield services are used for applications such as well cementing and stimulation. Increasing drilling activities for extraction of oil & gas has raised the demand for EOR and advanced drilling technologies, further increasing the demand for pressure pumping services.
Countries such as the U.S. and China are expected to drive the market demand, mostly because of the ongoing shale boom.
The Global oilfield Services market was esteemed at USD 103.26 Billion out of 2016 and is relied upon to develop at a CAGR of 3.35%, from 2017 to 2022. Increment in oil and gas investigation, developing endeavors in investigating new oilfield saves, shale gas investigation, and lifting of Iranian oil send out authorize are real drivers that would trigger the Oilfield Services Market.
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How the Global oilfield administrations market will exhibit a significant growth over the coming years and dominate the market globally is given in detail. Also, how the market has witnessed considerable growth over the last couple of years owing to the rise in consumer demand the globe is included in the report
Top Key Players In Global oilfield administrations market
This report studies the global Oilfield Services market, analyzes and researches the Oilfield Services development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
- Baker Hughes Incorporated (U.S.)
- Halliburton Company (U.S.)
- Schlumberger Limited (U.S.)
- Weatherford International
- PLC (Switzerland)
- Superior Energy Services (U.S.)
- National Oil Well Varco, Inc. (U.S.)
This research study involved the use of extensive secondary sources, directories, and databases, such as Hoover’s, Bloomberg Businessweek, Factiva, and OneSource, to identify and collect information useful for a technical, market-oriented, and commercial study of the global oilfield services market. Primary sources are mainly industry experts from core and related industries, service providers, technology developers, standard and certification organizations of companies, and organizations related to all the segments of this industry’s value chain
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Reasons for Getting this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified analysis of major market segments
Market segment by Regions/Countries, this report covers
- United States
- Southeast Asia
Market segment by Type, Oilfield Services can be split into
- Coiled Tubing Services
- Well Completion Equipment & Services
- Drilling & Completion Fluids Services
- Drilling Waste Management Services
- Oil Country Tubular Goods
- Pressure Pumping Services
- Well Intervention
- Wireline Services
Market segment by Application, Oilfield Services can be split into
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