Oilfield Equipment Market: Expansion Strategies Set to Generate Substantial Revenue until 2024 | Analysis by Top Key Vendors - Schlumberger, Baker Hughes, National Oilwell Varco
Global Oilfield Equipment Market overview:
BusinessIndustryReports have new report spread across 96 pages is an overview of the Global Oilfield Equipment Market Report 2020. The Global Oilfield Equipment Market is projected to grow at a healthy growth rate from 2020 to 2024 according to new research. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies.
Available Exclusive Sample Copy of this Report @ https://www.businessindustryreports.com/sample-request/237553.
Ascend in redevelopment of develop oil wells, oil cost recuperation, and increment in investigation and boring exercises for oil the world over drives the oilfield hardware advertise development. Moreover, the improved monetary intensity in the oil investigation and penetrating and administration ventures supports the usage of oilfield hardware, which thus fills the interest for oilfield gear. Nonetheless, the vacillations in remote monetary standards proceeds with its impact over net revenues and increment in costs of crude materials are required to impede the oilfield gear showcase development.
The Global Oilfield Equipment Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Oilfield Equipment Market is sub segmented into Drilling Equipment, Pumps & Valves, Field Production Machinery. Based on End Use Industry segment, the Oilfield Equipment Market is sub segmented into Onshore, Offshore.
The Asia-Pacific region is projected to register a highest growth in the market between 2020 and 2024. The growing end-user industry is the key driver of the market in the region. Europe is projected to witness a slow growth during the forecast period due to stringent environment norms in the region. North America is the largest market for Oilfield Equipment followed by Asia-Pacific. The increasing demand from the water treatment segment coupled with the rising demand from reviving Technology industry is driving the market for Oilfield Equipment in North America.
Some of the Oilfield Equipment Market manufacturers involved in the market are Schlumberger, Baker Hughes, National Oilwell Varco, Weatherford International, Halliburton, Cameron, Aker Solutions, Transocean , Acquisitions and effective mergers are some of the strategies adopted by the Oilfield Equipment Market manufacturers. New product launches and continuous technological innovations are the Oilfield Equipment Market strategies adopted by the major players.
Latest Industry Updates:
The Egyptian Ministry of Petroleum and Schlumberger Introduce the Egypt Upstream Gateway
CAIRO, February 11, 2020--The Egyptian Ministry of Petroleum and Schlumberger introduce the Egypt Upstream Gateway, a unique and innovative national project for digitizing subsurface information and delivering a digital subsurface platform to ensure Egypt's subsurface data is kept evergreen. The Egypt Upstream Gateway will also be a platform to promote Egypt's exploration and production potential worldwide.
The Egypt Upstream Gateway will leverage the GAIA digital subsurface platform and provide additional value-added solutions--enabled by digital technology and domain expertise--using the DELFI* E&P cognitive environment capabilities and technologies.
"Leveraging digitalization to modernize the petroleum sector of Egypt has been a key focus of our Modernization Program of the oil and gas sector and a critical project for the country. The goal is to equally enhance the understanding of our subsurface offering, unlocking the full potential of our assets to meet our energy needs. In addition, the Egypt Upstream Gateway will provide a platform to attract new investments to Egypt from investors from all around the world through state-of-the-art bid round digital enablement. The Egypt Upstream Gateway reflects the progressive vision we have for Egypt's Ministry of Petroleum digitalization and will be a key enabler positioning Egypt as a modern East Mediterranean Hub," said Tarek El-Molla, minister of petroleum and mineral resources, Egypt.
"Schlumberger combines deep domain expertise with transformative digital technologies using the GAIA platform, which will enable us to enrich Egypt's subsurface data and deliver the Egypt Upstream Gateway. This industry-first platform will accelerate Egypt's discoveries, reduce uncertainty, mitigate risks and enable Egypt's Ministry of Petroleum and its affiliates--EGPC, EGAS, GANOPE--to digitally showcase their assets to investors worldwide," said Maurice Nessim, president, WesternGeco, Schlumberger
Buy Oilfield Equipment Market analysis & forecast 2020-2024 Report along with complete TOC@ https://www.businessindustryreports.com/buy-now/237553/single.
Key Questions Answered in this Report:
1 The study provides an in-depth analysis of the global Oilfield Equipment Market and current & future trends to elucidate the imminent investment pockets.
2 Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided.
3 Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
4 The quantitative analysis of the global market from 2016 to 2024 is provided to determine the market potential.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of HD Map in these regions, from 2013 to 2024 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
Get Attractive Discount @ https://www.businessindustryreports.com/check-discount/237553.
Table of Contents:
1 Oilfield Equipment Definition
2 Global Oilfield Equipment Market Major Player Share and Market Overview
3 Major Player Oilfield Equipment Business Introduction
4 Global Oilfield Equipment Market Segmentation (Region Level)
5 Global Oilfield Equipment Market Segmentation (Product Type Level)
6 Global Oilfield Equipment Market Segmentation (Industry Level)
7 Global Oilfield Equipment Market Segmentation (Channel Level)
8 Oilfield Equipment Market Forecast 2020-2024
9 Oilfield Equipment Segmentation Type
10 Oilfield Equipment Segmentation Industry
11 Oilfield Equipment Cost Analysis
BusinessindustryReports.com is digital database of comprehensive market reports for global industries. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined - we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.
Business Industry Reports
Pune - India
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Oilfield Equipment Market: Expansion Strategies Set to Generate Substantial Revenue until 2024 | Analysis by Top Key Vendors - Schlumberger, Baker Hughes, National Oilwell Varco here
News-ID: 1939587 • Views: 571
More Releases from Business Industry Reports
Tetracaine Market Exhibits a Lucrative Growth Potential during 2021-2025 | Endo â€¦
BusinessIndustryReports has recently broadcasted a new study to its broad research portfolio, which is titled as â€śGlobal Tetracaine Marketâ€ť Research Report 2021 provides an in-depth analysis of the Tetracaine with the forecast of market size and growth. The analysis includes addressable market, market by volume, market share by business type and by segment (external and in-house). The research study examines the Tetracaine on the basis of a number of criteria,
Cyber Warfare Market Evenly Poised To Reach A Market Value of US$ By Share, Size â€¦
Overview of Global Cyber Warfare Market: This report provides in-depth study of â€śGlobal Cyber Warfare Market 2021â€ť using SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization. The Cyber Warfare Market report also provides an in-depth survey of key players in the market organization. According to the market research study, the Cyber Warfare is virtual conflict between state, organization, or country by the use of computer technology to disrupt activities
Covid-19 Impact on Cranio Maxillofacial Implant Market 2021-2025: Business Growt â€¦
Overview of Global Cranio Maxillofacial Implant Market: This report provides in-depth study of â€śGlobal Cranio Maxillofacial Implant Market 2021â€ť using SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization. The Cranio Maxillofacial Implant Market report also provides an in-depth survey of key players in the market organization. According to the market research study, Craniomaxillofacial Implants are medical implants used in surgeries of maxillofacial region such as, head, face, neck, oral,
Beginning of the bloom: The Rise of the Biohacking Market 2021-2025 | Global Key â€¦
Global Biohacking Market Synopsis: The report covers a forecast and an analysis of the Biohacking Market on a global and regional level. The study provides historical data for 2015, 2016, 2017 and 2018 along with a forecast from 2020 to 2025 based on revenue (USD Million) and volume (Kilotons). The study includes drivers and restraints of the Biohacking Market along with the impact they have on the demand over the forecast
More Releases for Equipment
Industrial equipment supply
We stock and sell Compressor, Servo Motor and Drive, HMI, Encoder, Light Curtain, Sensor, VFD, Soft Starter, Thyristor, Solenoid Valve and Coil, Air Cylinder, Gearbox, Linear Guideway, Actuator, Transmitter, Flowmeter, Power Supply, Transformer, Expansion Valve, Circuit Breaker and other necessities all catering to your needs. Visit out site at okmarts.com for more info. Address : No. 469, Xinsheng Road, Gaoxin District, Chengdu, China Email : firstname.lastname@example.org Email : email@example.com Tel : +86-28-84166335 Since 2008, we are
Global OTN Equipment Market
This report presents the worldwide OTN 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. The optical transport networking (OTN) is an industry standard protocol that provides a
Battery Testing EquipmentÂ Market
2019-2025Â Battery Testing EquipmentÂ Market Report with Depth Analysis Technological advancements such as lead-acid batteries with increased life cycle and better efficiency have increased the demand for rechargeable batteries. More than ever before, these rechargeable batteries have increased the demand for portable products such as powered tools, et cetera. Request For Free report SampleÂ -https://www.reportsmonitor.com/request_sample/292961 Scope of the Report: Furthermore, Battery Testing Equipment MarketÂ report discusses the key drivers influencing market growth, opportunities, the challenges and the risks
Welding Equipment Market 2024
Flourishing automobiles and construction industries are cropping up owing to rapid industrialization worldwide. With rapid development in various companies, various countries have increasingly adopted welding technology such as resistance welding, oxy-fuel welding, and laser welding. For various industries such as transport industry, fabric industry and automotive segment, welding is an imperative procedure. With the ever changing technology breaking traditional barriers, welding equipment Market market has further witnessed development for application in
Defence Equipment Packaging Market
Global Defence Equipment Packaging Market: Overview The global defence industry has undergone significant transformation in the past few decades. The dynamic nature of the defence industry can be determined from the fact that defence electronics become obsolete in a matter of years. Defence electronics comprises all the sophisticated systems integrated with tactical equipment. It is anticipated that the advent of modern technology, coupled with rapid progress of R&D teams across the
Industrial Radiography Equipment Market
In this non-destructive technique the materials are exposed to X-rays or gamma radiations. These radiations help to inspect the defects as they become visible with the exposure. The need for material inspection has risen widely in the industries. Therefore product launches and technological advancements in the products are driving the growth of the market. Â The Global Industrial Radiography Equipment Market valued at USD 497.23 million in 2017 and is expected