openPR Logo
Press release

Oilfield Equipment Rental Services Market Trends, Share, Industry Size, Growth, Opportunities and Forecast 2017-2022

10-04-2017 01:33 PM CET | Energy & Environment

Press release from: Market Research Future

Market Highlights
The factor which drives the growth of oilfield equipment rental service market are changing. The perception of buyer have been shifted from buying to renting. The operator’s tendency to rent the oilfield equipment to minimize the equipment cost rather than buying results in the increasing growth of this market. The entry barriers and exit barriers have decreased in the oilfield equipment rental market, resulting in the growth of these market. The increased expenditure on oil and gas production for the development of the reservoirs, has also resulted in the growth of oilfield equipment rental service market. The increase in economies of scale due to the use of oilfield equipment also result in the growth of these market. Oilfield equipment rental services market is expected to grow over the CAGR of around 15% during the period 2016 to 2022

Request a Sample Copy @ https://www.marketresearchfuture.com/sample_request/2515

Key Players
• Halliburton Co. (U.S.),
• Oil States International Inc. (U.S.),
• Schlumberger Ltd (U.S.),
• Superior Energy Services Inc. (U.S.),
• Weatherford International Ltd. (Switzerland),
• Baker Hughes (U.S.),
• National Oilwell Varco (U.S.),
• Cameron International Inc. (U.S.),
• Transocean Ltd. (Switzerland),
• B&B Oilfield Equipment Corp (U.S.).

Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Oilfield Equipment Rental Services Market - Forecast to 2022”

North America accounts for the highest market share
The North America region has witnessed the largest market share for the oilfield equipment rental services market because of the presence of large number of drilling activities taking place in U.S. The growth in North America is also because of the increase in the demand of conventional and non-conventional drilling. The increase in the drilling activities in countries such as India, China and Russia has led to the growth of Asia-Pacific region. Latin America region has mainly driven by the increase in the E&P spending in this region.

The report has been analyzed based on drilling equipment, pressure & flow control equipment and region. Drilling equipment is the most commonly used rented equipment due to its advance drilling technique such as horizontal and ultra-deep drilling which has made possible for extracting gas. On the basis of drilling equipment, drill pipes account for the largest market share due to its wide use in drilling the wells. Based on the pressure & flow control equipment, Blow out Preventers (BOPs) dominate this segment because they are widely used to seal, control and monitor the oil and gas wells and to prevent the blowout.

Access Report Detail @ https://www.marketresearchfuture.com/reports/oilfield-equipment-rental-services-market-2515

Scope of the Report
This study provides an overview of the global oilfield equipment rental services market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global oilfield equipment rental services market by drilling equipment, by pressure & flow control equipment and by region.
By Drilling Equipment
• Drill Pipe
• Drill Collars
• Heavv-Wate
• Drill Subs
By Pressure & Flow Control Equipment
• BOP
• Valves & Manifolds
• Others
By region
• North America
• Europe
• Asia-Pacific
• ROW

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Rental Services Market Trends, Share, Industry Size, Growth, Opportunities and Forecast 2017-2022 here

News-ID: 755225 • Views:

More Releases from Market Research Future

Pet Food Market: Meeting Growing Demand through Innovation and Quality Nutrition …
Pet Food Market Outlook The pet food market is witnessing significant growth fueled by rising pet ownership, increasing humanization of pets, and growing awareness of pet health and nutrition. Market Research Future provides insight into this dynamic industry, projecting substantial expansion driven by innovation, product diversification, and evolving consumer preferences. Market Size and Growth Valued at approximately USD 80 billion in 2023, the pet food market is expected to sustain a robust growth
Manufactured Housing Market Forecasted to Grow at 5.8% CAGR by 2034
Manufactured Housing Market Forecasted to Grow at 5.8% CAGR by 2034
The global manufactured housing market is experiencing a significant period of growth, driven by a convergence of economic, social, and technological factors. The global manufactured housing market was valued at USD 221.30 billion in 2024 and is projected to grow from USD 234.19 billion in 2025 to USD 389.72 billion by 2034. This reflects a compound annual growth rate (CAGR) of 5.8% during the forecast period (2025-2034). This momentum is
Process Gas Compressors Market to Grow at 3.37% CAGR Amid Rising Infertility Rates from 2024 to 2032
Process Gas Compressors Market to Grow at 3.37% CAGR Amid Rising Infertility Rat …
The process gas compressors market is a vital segment of the industrial machinery industry, driven by the need to increase the pressure and density of various gases for a wide range of applications. The market is projected to experience steady growth, primarily fueled by global energy demand, expanding industrial sectors, and technological advancements. Get Sample @ https://www.marketresearchfuture.com/sample_request/40259 Market Overview and Segmentation Process gas compressors are mechanical devices that increase the pressure of a
Industrial Ovens Market to Reach USD 8.83 Billion by 2034, Growing at 2.9% CAGR
Industrial Ovens Market to Reach USD 8.83 Billion by 2034, Growing at 2.9% CAGR
The industrial ovens market is a crucial component of the global manufacturing sector, providing essential thermal processing solutions across a wide range of industries. These ovens are utilized for various applications, including curing, drying, baking, heat treating, and sterilizing, and they play a vital role in ensuring product quality, consistency, and efficiency. The market's growth is driven by several key factors, including rapid industrialization, technological advancements, and the increasing demand

All 5 Releases


More Releases for America

Stabilit America Highlights Applications of Fiberglass Roof Panels with Stabilit …
Roofing materials are very important in the realm of modern construction, as they should be long lasting, economical and attractive. Fiberglass roof panels are a few of the numerous choices among several alternatives that have received a reputation of being versatile, long life, and adaptable in various sectors. They are favored by the architects, contractors, and property developers due to their lightweight construction, resistance to weather factors, and the ease
Deodorants Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Deodorants market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compound
Sequestrant Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Sequestrant market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compound
Buttermilk Market Study by Region (North America, Latin America, Europe, Asia, M …
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Buttermilk market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%),
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market Summary The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements. Gaucher Disease market size to maintain the average annual growth