Press release
Oilfield Services 2018 Global Market Expected to Grow at CAGR 3.63% and Forecast to 2021
Oilfield Services Market
About Oilfield Services
Oilfield services companies offer a range of services and applications such as formation evaluation, well construction, casing and cementing services, completion and stimulation, production, and artificial lift activities. The size and scope of the oilfield services companies vary widely. Large companies may offer multiple oilfield services; however, smaller companies may specialize in a single service. Oilfield services companies are granted contracts by the E&P companies to perform operations at a single well or multiple wells or for different wells located in different reservoirs.
Technavio’s analysts forecast the global oilfield services market to grow at a CAGR of 3.63% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global oilfield services market for 2017-2021. To calculate the market size, the report considers the oilfield service market value and exclude oilfield service equipment aftermarket and repairs.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Oilfield Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Baker Hughes
• Halliburton
• National Oilwell Varco
• Schlumberger
• Weatherford
Other prominent vendors
• Aker Solutions
• AKOFS OFFSHORE
• ALTUS Intervention
• Axis Well Technology
• Blue Spark Energy
• Calfrac Well Services
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Market driver
• Rise in drilling in unconventional areas
• For a full, detailed list, view our report
Market challenge
• Decline in oil rig count
• For a full, detailed list, view our report
Market trend
• New-generation automated drilling rigs
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table Of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
• Market outline
PART 05: MARKET LANDSCAPE
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: MARKET SEGMENTATION BY APPLICATION
• Global oilfield services market by application 2016
• Global oilfield services market by application 2021
• Global oilfield services market by application 2016-2021
• Global oilfield services market by onshore
• Global oilfield services market by offshore
PART 07: REGIONAL LANDSCAPE
• Geographical segmentation
• Regional comparison
• Americas – market size & forecast
• EMEA – market size & forecast
• APAC – market size & forecast
• Market opportunity
PART 08: DECISION FRAMEWORK
PART 09: DRIVERS AND CHALLENGES
• Market drivers
• Market challenges
PART 10: MARKET TRENDS
• New-generation automated drilling rigs
• Laser drilling in the oil and gas industry
• Supercritical carbon dioxide in shale gas fracking
PART 11: VENDOR LANDSCAPE
• Competitive scenario
• Other prominent vendors
PART 12: KEY VENDOR ANALYSIS
• Baker Hughes
• Halliburton
• National Oilwell Varco
• Schlumberger
• Weatherford
Continued…….
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