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Production Oilfield Services & Equipment Market By Services (Pressure Pumping Services, SURF Support, Completion & Equipment Services, Drilling & Production Specialty Chemicals, Well Servicing, Coil Tubing, Surface Equipment Services, Rig Equipments) – Growth, Future Prospects & Competitive Analysis, 2016 -2023

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Published: | Report ID: 8057 | Report Format : PDF

Market Insights

Oil & gas production is intricate and hazardous process which requires advanced technology for safe and efficient operation. Volatile oil prices, environmental concerns and accidents happened in past has derived the need of specialized oilfield services to enhanced oil production with safe operations. Major oilfield services provider offers variety of services ranging from exploration till production of crude oil. Production oilfield services and equipment includes services such as pressure pumping, SURF support, completion & equipment services, drilling and production services, specialty chemicals, well servicing, coil tubing, surface equipment, etc. Slowdown in oil & gas industry due to supply demand disproportion has negatively impacted the demand for exploratory oilfield services. However, production oilfield services and equipments are still in demand and expected to register significant growth over the forecast period (2016-2023). Pressure pumping is expected to be the largest segment among services type. Followed by it, SURF support segment is anticipated to be the second largest segment expected to register moderate growth over the forecast period. Other services such as well servicing, specialty chemicals, drilling & production are expected to register slow growth due to low oil prices till 2017. However, the segments are anticipated to gain momentum after the recovery of oil prices.

Global production oilfield services & equipments market is expected to gain momentum due to increasing demand for fossil fuel and with recovery in oil prices. Discovery of nonconventional shale especially in North America has fostered the demand for production oilfield service and equipments since 2010. Moreover, growing exploration and production activities in offshore reserves especially in U.S. Gulf of Mexico is expected to drive the demand for oilfield services & equipments over the forecast period (2016-2023). However, stringent regulatory policies regarding waste disposal and oil spillage are expected to restrain the demand for production oilfield services. Moreover, nonconventional shale gas exploration is banned in few countries such as France, Germany, and others. France has ban shale gas exploration due to the concern that water can be contaminated from chemicals used in the hydraulic fracturing process, while Germany has temporarily ban awaiting further environmental assessments.

Global production oilfield services & equipments market has been estimated to be valued at US$ 151.5 Bn by the end of 2016 and is expected to expand at a CAGR 4.6% during the forecast period 2016-2023.

Purpose of the Report

The purpose of this strategic research study titled “Global Production Oilfield Services & Equipments Market- Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global production oilfield services & equipments market.

Target Audience

  • Industry Investors
  • Research Professionals
  • Emerging Companies
  • Oilfield services companies
  • Oil & Gas exploration and production companies
  • Research Institutes

USP and Key Offerings

The report titled “Global production oilfield services & equipments market- Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023” offers strategic insights into the global production oilfield services & equipments market along with the market size and estimates for the duration 2013 to 2023. The said research study covers in-depth analysis of multiple market segments based on technology and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading oilfield services providers, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to justify the forthcoming attractive markets within oil & gas industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 3-Year market size data (2013 – 2015)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global production oilfield services & equipments market growth, offering market size and estimates for the period from 2013 to 2023, keeping in mind the above mentioned factors.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Production Oilfield Services & Equipments Market

Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Challenges
3.2.3 Market Opportunities
3.3 Attractive Investment Proposition
3.4 Market Share Analysis of Key Service in Global Production Oilfield Services & Equipments Market

Chapter 4 Global Production Oilfield Services & Equipments Market Analysis, By Services
4.1 Pressure pumping services
4.2 SURF support
4.3 Completion & Equipment Services
4.4 Drilling & Production Specialty Chemicals
4.5 Well Servicing
4.6 Coil tubing
4.7 Surface Equipment services
4.8 Rig Equipments
4.8 Others (Renting & Fishing)

Chapter 5 North America Production Oilfield Services & Equipments Market Analysis
5.1 Overview
5.1.1 North America Production Oilfield Services & Equipments Market Revenue, 2013 – 2023, (US$ Bn)
5.2 North America Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023 (US$ Bn)
5.2.1 North America Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023 (US$ Bn)
5.3 North America Production Oilfield Services & Equipments Market Analysis, By Country, 2013 – 2023 (US$ Bn)
5.3.1 U.S.
5.3.2 Canada

Chapter 6 Europe Production Oilfield Services & Equipments Market Analysis
6.1 Overview
6.1.1 Europe Production Oilfield Services & Equipments Market Revenue, 2013 – 2023, (US$ Bn)
6.2 Europe Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023 (US$ Bn)
6.2.1 Europe Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023 (US$ Bn)
6.3 Europe Production Oilfield Services & Equipments Market Analysis, By Country, 2013 – 2023 (US$ Bn)
6.3.1 Germany
6.3.2 France
6.3.3 U.K.
6.3.4 Rest of Europe

Chapter 7 Asia Pacific Production Oilfield Services & Equipments Market Analysis
7.1 Overview
7.1.1 Asia Pacific Production Oilfield Services & Equipments Market Revenue, 2013 – 2023, (US$ Bn)
7.2 Asia Pacific Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023 (US$ Bn)
7.2.1 Asia Pacific Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023 (US$ Bn)
7.3 Asia Pacific Production Oilfield Services & Equipments Market Analysis, By Country, 2013 – 2023 (US$ Bn)
7.3.1 China
7.3.2 India
7.3.3 Japan
7.3.4 Rest of Asia Pacific

Chapter 8 Latin America Production Oilfield Services & Equipments Market Analysis
8.1 Overview
8.1.1 Latin America Production Oilfield Services & Equipments Market Revenue, 2013 – 2023, (US$ Bn)

8.2 Latin America Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023 (US$ Bn)
8.2.1 Latin America Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023 (US$ Bn)

8.3 Latin America Production Oilfield Services & Equipments Market Analysis, By Country, 2013 – 2023 (US$ Bn)
8.3.1 Brazil
8.3.2 Mexico
8.3.3 Rest of Latin America

Chapter 9 Middle East & Africa Production Oilfield Services & Equipments Market Analysis
9.1 Overview
9.1.1 Middle East & Africa Production Oilfield Services & Equipments Market Revenue, 2013 – 2023, (US$ Bn)
9.2 Middle East & Africa Production Oilfield Services & Equipments Market Analysis, By Services
9.2.1 Middle East & Africa Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023 (US$ Bn)
9.3 Middle East & Africa Production Oilfield Services & Equipments Market Analysis, By Country, 2013-2023 (US$ Bn)
9.3.1 GCC
9.3.2 Rest of MEA

Chapter 10 Company Profiles
10.1 Baker Hughes Incorporated
10.2 Schlumberger Limited
10.3 Weatherford International Limited
10.4 Halliburton Company
10.5 Yantai Jereh Oilfield Services Group Co. Ltd
10.6 Beron Energy Ltd
10.7 Frontier Oilfield Services Inc.
10.8 The Weir Group PLC
10.9 Cameron

Chapter 11 Macroeconomic and Forecast Indicators Impacting the Production Oilfield Services & Equipments Market
11.1 Urban Population
11.2 Oil Prices
11.3 Crude oil Production
11.4 Oil & Gas Industry

List of Figures

FIG. 1 Global Production Oilfield Services & Equipments Market: Research Methodology
FIG. 2 Attractive Investment Proposition
FIG. 3 Market Share Analysis of Key Manufacturers in Global Production Oilfield Services & Equipments Market, 2015 (Value %)
FIG. 4 Global Production Oilfield Services Market by Pressure pumping services, 2013 – 2023 (US$ Bn)
FIG. 5 Global Production Oilfield Services Market by SURF support services, 2013 – 2023 (US$ Bn)
FIG. 6 Global Production Oilfield Services Market by Completion & Equipment Services, 2013 – 2023 (US$ Bn)
FIG. 7 Global Production Oilfield Services Market by Drilling & Production, 2013 – 2023 (US$ Bn)
FIG. 8 Global Production Oilfield Services Market by Speciality Chemicals, 2013 – 2023 (US$ Bn)
FIG. 9 Global Production Oilfield Services Market by Well Servicing, 2013 – 2023 (US$ Bn)
FIG. 10 Global Production Oilfield Services Market by Coil tubing, 2013 – 2023 (US$ Bn)
FIG. 11 Global Production Oilfield Services Market by Rig Equipments, 2013 – 2023 (US$ Bn)
FIG. 12 Global Production Oilfield Services Market by Others, 2013 – 2023 (US$ Bn)
FIG. 13 North America Production Oilfield Services & Equipments Market Revenue, 2013 – 2023, (US$ Bn)
FIG. 14 Europe Production Oilfield Services & Equipments Market Revenue, 2013 – 2023, (US$ Bn)
FIG. 15 Asia Pacific Production Oilfield Services & Equipments Market Revenue, 2013 – 2023, (US$ Bn)
FIG. 16 Latin America Production Oilfield Services & Equipments Market Revenue, 2013 – 2023, (US$ Bn)
FIG. 17 Middle East & Africa Production Oilfield Services & Equipments Market Revenue, 2013 – 2023, (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Production Oilfield Services & Equipments Market
TABLE 2 Global Production Oilfield Services & Equipments Market, By Services, 2013 – 2023 (US$ Bn)
TABLE 3 North America Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023, (US$ Bn)
TABLE 4 U.S. Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023, (US$ Bn)
TABLE 5 Canada Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023, (US$ Bn)
TABLE 6 Europe Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023, (US$ Bn)
TABLE 7 Germany Production Oilfield Services & Equipments Market Analysis, By Services 2013 – 2023, (US$ Bn)
TABLE 8 France Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023, (US$ Bn)
TABLE 9 U.K. Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023, (US$ Bn)
TABLE 10 Rest of Europe Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023, (US$ Bn)
TABLE 11 Asia Pacific Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023, (US$ Bn)
TABLE12 China Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023, (US$ Bn)
TABLE 13 Japan Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023, (US$ Bn)
TABLE 14 India Production Oilfield Services & Equipments Market Analysis, By Services 2013 – 2023, (US$ Bn)
TABLE 15 Australia Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023, (US$ Bn)
TABLE 16 Rest of Asia Pacific Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023, (US$ Bn)
TABLE 17 Latin America Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023, (US$ Bn)
TABLE 18 Brazil Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023, (US$ Bn)
TABLE 19 Mexico Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023, (US$ Bn)
TABLE 20 Rest of Latin America Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023, (US$ Bn)
TABLE 21 Middle East & Africa Production Oilfield Services & Equipments Market Analysis, By Services, 2013 – 2023, (US$ Bn)
TABLE 22 Baker Hughes Incorporated: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage))
TABLE 23 Schlumberger Limited: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 24 Weatherford International Limited: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 25 Yantai Jereh Oilfield Services Group Co. Ltd: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 26 Beron Energy Ltd: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 27 Frontier Oilfield Services Inc.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 28 The Weir Group PLC.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 29 Cameron: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 30 Halliburton Company: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)

Frequently Asked Questions

What is the size of Production Oilfield Services & Equipment Market?

The market for Production Oilfield Services & Equipment is expected to reach US$ 207.9 Bn in 2023.

What is the Production Oilfield Services & Equipment Market CAGR?

The Production Oilfield Services & Equipment market is expected to see significant CAGR growth over the coming years,at 4.6%.

What is the Forecast period considered for Production Oilfield Services & Equipment Market?

The report is forecasted from 2016-2023.

What is the base year considered for Production Oilfield Services & Equipment Market?

The base year of this report is 2015.

Who are the major players in this Market?

Baker Hughes Incorporated, Schlumberger Limited, Weatherford International Limited, Halliburton Company, Yantai Jereh Oilfield Services Group Co. Ltd are some of the major players in the global market.

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