Oil Field Equipment Market 2017: Global Industry Top Key Players Schlumberger, Halliburton, ABB, GE Oil & Gas, Weatherford, National Oilwell Varco, Expro and OilSERV
Crude oil prices have eased in the past few months and are enough to support the demand for oilfield equipment in the industry. However, the impact of rise in prices have not been universal, with latest development suggesting a surge in the US onshore output (mainly from the shale reserve) and comparatively less activity elsewhere, especially in offshore.
The decline in crude oil prices has forced the oil & gas companies to invest in technology to reduce the breakeven prices and change their strategy, which has helped several marginal projects to become viable. As the crude oil prices are increasing and has already crossed USD 70 per barrel mark in May 2018, the upstream investment is expected to grow significantly and bring several projects online, thereby, driving the market.
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Growth in oil and gas investment is expected to be especially strong in developing regions, where improving infrastructure will contribute to more drilling activity. The discovery of new reserves and the depletion of existing ones have led to new extraction techniques and increased complexity of drilling, raising the costs of production.
THE FOLLOWING MANUFACTURERS ARE COVERED IN THIS REPORT:
· GE Oil And Gas
· Weatherford International
· Superior Energy Services
· Pioneer Energy Services
· C&J Energy Services
· National Oilwell Varco
· Basic Energy Services
· Expro International
· Wireline Engineering
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This report presents the worldwide Oil Field Equipment market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
OIL FIELD EQUIPMENT BREAKDOWN DATA BY TYPE
· Drilling Equipment
· Field Production Machinery
· Pumps & Valves
· Pressure And Flow Control
OIL FIELD EQUIPMENT BREAKDOWN DATA BY APPLICATION
MAJOR CHAPTERS COVERED IN OIL FIELD EQUIPMENT MARKET RESEARCH ARE:
1 Study Coverage
2 Executive Summary
3 Market Size by Manufacturers
4 Oil Field Equipment Production by Regions
5 Oil Field Equipment Consumption by Regions
6 Market Size by Type
7 Market Size by Application
8 Manufacturers Profiles
9 Production Forecasts
10 Consumption Forecast
11 Value Chain and Sales Channels Analysis
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
13 Key Findings in the Global Oil Field Equipment Study
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