Press release
Oilfield Auxiliary Rental Equipment Market Update Report 2024 | Industry Trends, Demand, Leading Companies and Segmentation till 2032
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Oil and gas companies are shifting their exploration focus to unconventional and deep hydrocarbon reservoirs such as shale gas, coal bed methane, tight gas, and heavy oil. To perform operations in various unconventional and deep reservoir conditions, the petroleum industry now has advanced IT-based machinery and software. This paves the way for new age technology to be used as a tool to carry out difficult operations. For instance, an advanced Radio Frequency Identification (RFID) circulation sub that aids in drilling and hole-clean-up operations. The RFID circulation sub allows operators to reduce non-productive time. The use of advanced drilling and completion technologies has made drilling in shale formations financially viable. Traditional equipment is not fully equipped to meet new challenges.
full report of Oilfield Auxiliary Rental Equipment Market available @ https://www.omrglobal.com/industry-reports/oilfield-auxiliary-rental-equipment-market
Market Coverage
Market number available for - 2024-2031
Base year- 2024
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others
Market Segmentation
Global Oilfield Auxiliary Rental Equipment Market by Equipment
Drilling Equipment
Pressure and Flow Control Equipment
Fishing Equipment
Others
Global Oilfield Auxiliary Rental Equipment Market by Application
Onshore
Offshore
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Latin America
Middle East & Africa
Company Profiles
Aker Solutions ASA
Ashtead technology Ltd.
Baker Hughes
B&B Oilfield Equipment, Corp.
China Oilfield Services Ltd.
Ensign Energy Services, Inc.
Key Energy Services, Inc.
Nabors Industries Ltd.
National Oilwell Varco (NOV) Inc.
Odfjell Drilling
Oil States International
Seadrill Ltd.
TechnipFMC
Transocean Ltd.
Weatherford International, Plc
The Report Covers
Market value data analysis of 2023 and forecast to 2031.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global oilfield auxiliary rental equipment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/oilfield-auxiliary-rental-equipment-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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