Press release
Growth of Oil & Gas EPC Market, Revenue, Manufacturers Income, Sales, Market Trend Report Archives in 2024
EPC means Engineering, Procurement and Construction. Oil & Gas EPC is the companies that offer EPC services are hired by Oil & Gas companies for long-term projects that need to be completed by skilled individuals.
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https://www.qyresearch.com/reports/2808824/oil---gas-epc
According to the new market research report "Oil & Gas Pump - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global Oil & Gas market size is projected to reach USD 576.52 billion by 2030, at a CAGR of 6.5% during the forecast period.
According to QYResearch Top Players Research Center, the global key manufacturers of Oil & Gas include Shell, Aramco, PetroChina, Sinopec, BP, Total Energy, Equinor, ADNOC, Chevron, Petronas, etc. In 2023, the global top 10 players had a share approximately 70.0% in terms of revenue.
Market Drivers: The main driving factors of the oil and gas industry include the growth of global energy demand, technological advancements, and geopolitical factors. As the global economy continues to develop, particularly in emerging market countries undergoing industrialization and urbanization, the demand for energy is steadily increasing. Additionally, advancements in oil and gas extraction technologies, such as horizontal drilling and hydraulic fracturing, have made previously inaccessible reserves exploitable, improving production efficiency. Geopolitical factors also drive the industry's development, such as changes in production levels in the Middle East and adjustments in supply and demand relationships in the international market.
Restraint: Despite the growth drivers, the oil and gas industry faces multiple challenges. Firstly, strengthened environmental protection and climate change policies impose stricter limitations on the use of fossil fuels, forcing companies to increase investments in renewable energy. Secondly, significant fluctuations in oil prices have greatly increased market uncertainty, affecting companies' long-term planning and investment decisions. Lastly, the safety and environmental risks associated with technological advancements require companies to allocate more resources for management and control to mitigate potential negative impacts.
Opportunity: In the future, the oil and gas industry will embrace numerous development opportunities. As the global energy structure transitions, the demand for natural gas, a relatively cleaner fossil fuel, will increase, providing new market space for companies. Additionally, the development of deep-sea oil and gas resources and the utilization of unconventional resources will bring new growth points to the industry. Lastly, the application of digital and intelligent technologies, such as the Internet of Things and big data analysis, will further enhance production efficiency and safety, providing new momentum for industry development.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Oil & Gas EPC market is segmented as below:
By Company
WorleyParsons
CB&I
Technip
Hyundai Heavy Industries
Saipem
Wood
GS Engineering & Construction Corporation
Daelim Industrial
Daewoo Engineering & Construction
SK Engineering & construction
Samsung Engineering
KBR
Técnicas Reunidas
Petrofac
Bilfinger
NPCC
TATA Projects
Segment by Type
Public Type
Private Type
Segment by Application
Oil Industry
Gas Industry
Each chapter of the report provides detailed information for readers to further understand the Oil & Gas EPC market:
Chapter 1: Introduces the report scope of the Oil & Gas EPC report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)
Chapter 2: Detailed analysis of Oil & Gas EPC manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)
Chapter 3: Provides the analysis of various Oil & Gas EPC market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)
Chapter 5: Sales, revenue of Oil & Gas EPC in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)
Chapter 6: Sales, revenue of Oil & Gas EPC in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Oil & Gas EPC competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Oil & Gas EPC comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Oil & Gas EPC market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global Oil & Gas EPC Market Research Report 2024
Oil & Gas EPC - Global Market Insights and Sales Trends 2024
Global Oil & Gas EPC Market Research Report 2023
Global Oil & Gas EPC Market Insights, Forecast to 2029
Global Oil & Gas EPC Market Report, History and Forecast 2018-2029, Breakdown Data by Companies, Key Regions, Types and Application
Global Oil & Gas EPC Industry Research Report, Growth Trends and Competitive Analysis 2023-2029
Global and United States Oil & Gas EPC Market Report & Forecast 2022-2028
United States Oil & Gas EPC Market Report & Forecast 2021-2027
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
E-mail: global@qyresearch.com
Tel: 001-626-842-1666(US) 0086-133 1872 9947(CN)
EN: https://www.qyresearch.com
JP: https://www.qyresearch.co.jp
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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