Oilfield Equipment Market Rise in Investment in the Construction Industry | Allied Market Research
The global oilfield equipment market size was valued at $111.4 billion in 2018 and is projected to reach $141.4 billion by 2026, growing at a CAGR of 3.1% from 2019 to 2026.
By type, the drilling equipment segment accounted for the largest share in the oilfield equipment market in 2018. In addition, expansion of the oil and gas industry throughout the globe especially in nations such as the U.S., China, and India, fuels the demand for oilfield equipment.
Download Sample Report:https://www.alliedmarketresearch.com/request-sample/6342
In addition, based on type, the pumps and valves segment is expected to exhibit significant growth during the forecast period. In terms of region, North America, and Asia-Pacific collectively contributed around 67.4% of shares in the global oilfield equipment market in 2018.
The oilfield equipment market has witnessed significant growth over the past decade, owing to rise in investment in the construction industry especially in North America, and Asia-Pacific. A number of players are expanding their business around the globe, owing to increased customer base, enhanced effective operations, developed product portfolios, and expanded geographical reach.
Interested in Procuring this Report? visit: https://www.alliedmarketresearch.com/oilfield-equipment-market/purchase-options
Key Findings of the Study:
o The report provides an extensive analysis of the current and emerging oilfield equipment market trends and dynamics.
o Depending on type, the drilling equipment segment dominated the oilfield equipment market, in terms of revenue in 2018 and pumps and valves is projected to grow at a CAGR 2.5% during the forecast period.
o By application, the on-shore segment led the oilfield equipment market in 2018.
o North America is projected to register the highest growth rate in the coming years.
Top Leading Companies:
Uztel S.A, ABB, Delta Corporation, Jereh Oilfield Equipment, Integrated Equipment, EthosEnergy Group Limited, Sunnda Corporation, Baker Hughes , MSP/Drilex, Inc., and Weir Group.
Inquire for Purchase Report:https://www.alliedmarketresearch.com/purchase-enquiry/6342
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada): +1-800-792-5285, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research/
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client's insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.
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 Rise in Investment in the Construction Industry | Allied Market Research here
News-ID: 1962324 • Views: 114
More Releases from allied market research
Safety Relay Market Growth Projections and Performance Forecast Analysis for the …
Allied Market Research published a new report, titled, "Safety Relay Market by Type (Single-Function Safety Relays and Modular & Configurable Safety Relays), Contact (Normally Closed, Time Open (NCTO), Normally Closed, Time Closed (NCTC), Normally Open, Time Open (NOTO), Normally Open, Time Closed (NOTC)) and End User (Automotive, Energy & Power, Manufacturing, Pharmaceutical, Construction, Semiconductors, and Oil & Gas): Global Opportunity Analysis and Industry Forecast, 2020–2026." The research report offers an in-depth
Investment Opportunity: Global Servo Drive Market Growing at Alarming Growth Rat …
Allied Market Research published a new report, titled, "Servo Drive Market By Type (Torque Servo, Velocity Servo, and Positioning Servo), Motor Power (Up to 1 kW, 1-2 kW, 2-5 kW, 5-15 kW, and >15 kW), Electrical Drives (DC Drive and AC Drive), Machinery (Small Equipment, Medium Machinery, and Large Machinery), and End Application (Commercial & Other Industry, Aerospace & Other Transportation Equipment, Household Appliances, Industrial Machinery, Heating Ventilating & Cooling
Thyristor Market Growth Projections and Competitive Scenario 2020-2026 | Major P …
Allied Market Research published a new report, titled, "Thyristor Market by Power Rating (Below 500 MW, 500 MW-1000 MW, and Above 1000 MW), and Industry Vertical (Consumer Electronics, Telecommunication & Networking, Industrial, Automotive and Aerospace & Defense, and Healthcare): Global Opportunity Analysis and Industry Forecast, 2019–2026." The research report offers an in-depth analysis of the current market scenario, estimates, revolving aspects, and dynamic forces of the industry from 2019 to 2026
COVID-19 Impact on Smart Thermostat Market Growth 2020-2026: Share, Size, Trends …
Allied Market Research published a new report, titled, "Smart Thermostat Market by Type (WiFi, Infrared, Bluetooth, and others), Application (Split AC, Window AC, Portable ACs, and Others), and End Use (Residential, Commercial, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026." The research report offers an in-depth analysis of the current market scenario, estimates, revolving aspects, and dynamic forces of the industry from 2019 to 2026 to identify the underlying
More Releases for Equipment
Pharmaceutical Packaging Equipment Market
The Global Pharmaceutical Packaging Equipment Market is expected to grow from USD 62235.24 Millions in 2018 to USD 98562.24 Millions by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 6.78%. Get Free Sample: https://reports.valuates.com/request/sample/360I-Auto-4F48/Global_Pharmaceutical_Packaging_Equipment "Growing pharmaceutical industry in emerging economies is one of the factors largely attributing to the growth of the Global Pharmaceutical Packaging Equipment Market " View Full Report: https://reports.valuates.com/market-reports/360I-Auto-4F48/global-pharmaceutical-packaging The factors attributing to the growth of the
Personal Protective Equipment (PPE)
Personal Protective Equipment (PPE) Market research report examines adoption trends, future growth potentials, key drivers, competitive outlook, restraints, opportunities, key challenges, Personal Protective Equipment (PPE) industry ecosystem, and revenue chain analysis. This report presents a detailed analysis, market sizing, and forecasting for the emerging segment within the Personal Protective Equipment (PPE) market. The report is thoroughly segmented by product type, application, vertical, and region. The points that are discussed within
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
Dental Surgical Equipment Market
Regular consumption of tobacco and unhealthy foods are the major causes of dental diseases. Some of the major dental diseases are plaque, cavities and periodontal disease. Plaque is an excessive accumulation of the bacteria and germs that normally live in mouth. Cavities are holes where bacteria damages tooth's enamel. Periodontal disease is one of the major serious dental disorders that cause gum recession and damages soft and hard tissues. Some
Veterinary Grooming Equipment Market
The global veterinary grooming equipment market is segmented into product type such as blades, trimmers & clippers, shampoos & sprays, bathers & dryers, shears, tools and others. Among these segments, shampoos & sprays segment is expected to occupy the top position in global veterinary grooming equipment market. Further, wide product line of veterinary shampoo & sprayers such as herbal shampoo, organic shampoo, anti-flea shampoo and others is expected to