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Why the Oil & Gas EPC Market is set to explode? Top Companies: Petrofac, Larsen & Toubro, SNC-Lavalin, Wood, McDermott, Saipem, NPCC, WorleyParsons, KBR, TechnipFMC, Galfar, Mott Macdonald, JGC Corporation, CCC, Jacobs, Dodsal Group, Bechtel, CPECC, Lampr

Why the Oil & Gas EPC Market is set to explode? Top Companies:

Integrated engineering, procurement, construction and installation (iEPCI(TM)) contract was awarded to TechnipFMC (NYSE: FTI) (PARIS: FTI) by BP. This contract was awarded for the Thunder Horse South Expansion 2 Project, situated in the Gulf of Mexico. Such innovative projects are anticipated to bode well for the global "oil and gas" Engineering Procurement, construction or EPC market predicts
Fortune Business Insights in their recent study.

Request a Sample Copy of the Global Market Research Report https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/oil-gas-epc-market-100930

The report highlights significant players operating in the global oil and gas EPC market. Some of these players include:

o Wood
o JGC Corporation
o TechnipFMC,
o Mott Macdonald
o CPECC
o Saipem
o Larsen & Toubro
o Galfar
o Aker and OIEC
o SNC-Lavalin
o WorleyParsons
o NPCC
o McDermott
o Lamprell
o Dodsal Group
o Jacobs
o KBR

The report on oil and gas EPC market is titled, "Oil & Gas EPC Market Size, Share and Global Trend By Sector (Upstream, Mid-stream, Downstream), By Location (Onshore, Offshore), and Geography Forecast till 2026." The report provides a comprehensive overview of the global market with major emphasis on growth drivers, restraints, trends and opportunities. It also lists the names of companies functioning in the oil and gas EPC market. Information provided in the report is extracted from primary and secondary research methods and is trustworthy. The report is available for sale on the Fortune Business Insights' website.
According to the report, the global oil and gas EPC market is categorized on the basis of sector, location, and geography. In terms of location the market is further bifurcated into offshore and onshore. Based on sector, the market is classified into downstream, midstream, and upstream.

Have any Query? Speak to Analyst https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/oil-gas-epc-market-100930

Oil & Gas EPC Market Landscape and Market Scenario Includes:

o Current market size estimate
o Revenues by players Top Companies
o Market size by product categories
o Oil & Gas EPC Market size by regions/country

Increasing Production of Cars Running on Petrol and Diesel Drives Market

The rapidly growing population and increasing power consumption per capita are propelling the demand for energy by the day. The energy generation from oil and gas is still dominating power production although there is rise in trend of generating power from renewable sources. The rise in the production of cars is having a positive influence on the consumption of CNG, diesel, and petrol. Thus, engineering, procurement, and construction for oil and gas manufacturing companies play a pivotal role in increasing the demand for gas and oil. The aforementioned factor is considered an important factor boosting the global oil and gas EOC market growth in the forecast period.

The rise in demand for oil and gas in nations such as China, India, and the U.S.A is another factor boosting the global oil and gas EPC market and further projected to continue doing so during the forecast duration. Moreover, the economic extraction of shale gas is also anticipated to positively influence the EPC market. Besides this, the emerging long-distance subsea and surface pipelines for transporting natural and crude oil is considered a new path for midstream EPC. This, in turn, is likely to promote the growth of the market in the long run.

Important Features that are under Offering and Key Highlights of the Market Report:

o Detailed overview of Market Share
o Changing market dynamics of the industry
o In-depth market segmentation by Type, Application, etc.
o Historical, current and projected market size in terms of volume and value
o Recent industry trends and developments
o Competitive landscape of Market
o Strategies of key players and product offerings
o Potential and niche segments/regions exhibiting promising market growth

Proposal of New Pipelines in Asia Pacific and the Middle East and Africa will Help Market in these Regions Grow Significantly

The report predicts the upstream EPC market to be dominated by North America owing to the development of affordable shale gas extraction and exploration technology. On the other side, the refurbishment and up-gradation of aging gas and oil pipelines in North America and Europe have accelerated the mid-stream EPC market. Additionally, the proposal of new pipelines in Middle East and Africa and Asia Pacific are prognosticated to promote the growth of the mid-stream EPC market. Rise in petroleum refining activities in China, USA, and India is estimated to accelerate downstream EPC activities in the foreseeable future.

Request for customization https://www.fortunebusinessinsights.com/enquiry/customization/oil-gas-epc-market-100930

Queries Addressed In Market Report:

o What opportunities are present for the market players to enhance their business footprint?
o What manufacturing techniques are being implemented in the development of advanced Construction Equipment?
o Which segment is witnessing huge traction from the consumers?
o For what purposes, is the market being utilized?
o How many units are estimated to be sold in 2020?

Key Market Driver - Increase in demand for oil and natural gas
Key Market Restraint - Volatile crude oil prices

Key Segmental Overview:

1. By Sector
o Upstream
o Mid-stream
o Downstream
2. By Location
o Onshore
o Offshore
3. By Geography
o North America (USA and Canada)
o Europe (UK, Germany, France, Italy, Spain and Rest of Europe)
o Asia Pacific (China, India, Japan, Australia, Southeast Asia and Rest of Asia Pacific)
o Latin America (Brazil, Mexico and Rest of Latin America)
o Middle East & Africa (GCC, South Africa, and Rest of Middle East & Africa)

Key Features of Market Research Report:

o This report provides detail analysis of the Oil & Gas EPC market and have a comprehensive understanding of the market and its commercial landscape.
o Learn about the various Oil & Gas EPC market strategies that are being adopted by leading companies.
o It provides a five-year forecast assessed based on how the market is predicted to grow.
o It provides insightful analysis of changing competition dynamics and keeps you ahead of competitors.
o To understand the future scope and outlooks for the Oil & Gas EPC market.
o Market Forecast by regions, type and application, with sales and revenue, from 2020 to 2026.
o Market Share, distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report.
o Market Size (sales, revenue) forecast by regions and countries from 2020 to 2023 of industry.
o The global Oil & Gas EPC market Growth is anticipated to rise at a considerable rate during the forecast period, between 2020 and 2023. In 2020, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
o Market Trend for Development and marketing channels are analysed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.
o Oil & Gas EPC Market Report also mentions market share accrued by each product in the market, along with the production growth.

Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

Browse Complete Report https://www.fortunebusinessinsights.com/industry-reports/oil-gas-epc-market-100930

Major Table of Content For Oil & Gas EPC Market:
1. Introduction
2. Executive Summary
3. Market Dynamics
4. Key Insights
5. Global Oil & Gas EPC Market Analysis, Insights and Forecast, 2026
6. North America Oil & Gas EPC Market Analysis, Insights and Forecast, 2026
7. Europe Oil & Gas EPC Market Analysis, Insights and Forecast, 2026
8. Asia Pacific Oil & Gas EPC Market Analysis, Insights and Forecast, 2026
9. The Middle East and Africa Oil & Gas EPC Market Analysis, Insights and Forecast, 2026
10. Latin America Oil & Gas EPC Market Analysis, Insights and Forecast, 2026
11. Competitive Landscape
12. Company Profile
13. Conclusion

Contact Us:
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:
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UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com

About us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights(TM) Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:

US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245

Email: sales@fortunebusinessinsights.com
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