info@marketresearchfuture.com   📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)

Oilfield Equipment Rental Services Market Outlook and Opportunities in Grooming Regions with Forecast 2030

Pune, India, May 2020, MRFR Press Release/- Market Research Future has published a Half-Cooked Research Report on the Global Oilfield Equipment Rental Services Market.


Market Synopsis


As per the research by Market Research Future Reports (MRFR), the worldwide Oilfield Equipment Rental Services Market is estimated to thrive at a CAGR of 4.91% while the review period. The market is estimated to experience exponential growth during the forecast period. The market has various lucrative opportunities to expand. The recovery of oil price, increasing field development activities, and increasing oil exploration is likely to drive the global Oilfield Equipment Rental Services Market 2030. Moreover, the increasing prices have augmented the upstream activities in the oil industry, which has brought a direct impact on the growth of the oilfield market.


Browse In-depth Details [Table of Content, List of Figures, List of Tables] ofOilfield Equipment Rental Services MarketResearch Report


In addition, the rising demand for oil and gas is also estimated to propel the demand in the oilfield and equipment market. Recently, oil and gas have been experiencing a downturn due to the falling prices; this change is estimated to increase the number of wells and thereby, leading to the expansion of the market. The oilfield services market has various opportunities to grow; however, the expensive cost of investment, Maintainance,  research, human resources, and equipment is likely to impede the growth of the global Oilfield Equipment Rental Services Market.


Due to the sudden outbreak of novel coronavirus, there has been an immense change in the market dynamics. Several regions have been affected due to the pandemic. We will provide COVID-19 impact analysis with the report.


Market Segmentation


The global Oilfield Equipment Rental Services Market can be segregated on the basis of type, equipment, and region.


On the basis of type, the global Oilfield Equipment Rental Services Market can be segregated into Pressure & Flow control (BOP, Valves, Manifold), drilling (Drill Pipe, Drill Collars). Among all, the Drill Pipe segment acquires the maximum market share because of the large drilling activities offshore and onshore.


On the basis of equipment, the global Oilfield Equipment Rental Services Market can be segregated into Valves, Field Production Machinery, Drilling Equipment, Pumps, and Others. Among all, the drilling equipment segments hold the maximum because of the rising number of drilling projects


On the basis of region, the global Oilfield Equipment Rental Services Market can be segregated into North America, Europe, Asia-Pacific, and the Middle East and Africa.


Regional Analysis


The geographical analysis of North America, Europe, Asia-Pacific, and the Middle East and Africa has been conducted. As per the analysis by Market Research Future Reports, North America dominates the market. North America holds the maximum market share. The region is excelling in rock studies activities for oil sands, shale oil, and carbonate rocks, and with several other exploration activities. Out of all of the countries, the U.S. plays the most significant role in expanding the market. On the other hand, the APAC region and the African region is likely to grow significantly in the forthcoming period. The primary factor of growth can be accredited to several activities of discovery taking place in the South China Sea, Gulf of Thailand, the Mediterranean Sea, and Egypt desert from Africa.


However, due to the outbreak of pandemic coronavirus, several regions have been adversely affected. The dynamics of the market are changed significantly due to the observation of worldwide lockdown.


Key Players


The forefront players of the worldwide Oilfield Equipment Rental Services Market are ABB Oil, and Gas and Petrochemical Business Unit (Switzerland), Weatherford International (U.S.), G.E. Oil and Gas (U.S.), Schlumberger (U.S.), Superior Energy Services (U.S.), C&J Energy Services Ltd. (U.S.), Pioneer Energy Services Corp. (U.S.),  National Oilwell Varco, Inc. (U.S.), Basic Energy Services, Inc. (U.S.), Halliburton (U.S.),  Expro International Group Holding Ltd. (U.K.), Oilserv (UAE), Wireline Engineering Ltd. (U.K.),  SGS (Switzerland), are among others.

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Report details
Base Year 2020
Companies Covered 15
Pages 160
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.