Oilfield Equipment Rental Market
Oilfield Equipment Rental Market Global Industry Assessment & Forecast
#
Pages:
180
2021
Nov - 2021
VMR-2021-0469
Segments Covered
By
Equipment Drilling, Pressure & Flow Control
-
By
Application Onshore, Offshore
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
20.50 Billion |
 Revenue 2028:
|
27.82 Billion |
 Revenue CAGR
(2021 - 2028): |
3.89 |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2015 to 2019 |
| 3. | Forecast Data | 2021 to 2028 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
FAQ
Frequently Asked Question
What is the global demand for Oilfield Equipment Rental in terms of revenue?
-
The global Oilfield Equipment Rental valued at 20.50 Billion in 2020 and is expected to reach 27.82 Billion in 2028 growing at a CAGR of 3.89%.
Which are the prominent players in the market?
-
The prominent players in the market are Halliburton Company, Knight Oil Tools, Oil States International Inc., Schlumberger Limited, RPC, Parker Drilling Company, Weatherford International PLC, Basic Energy Services, AOS ORWELL, IOT GROUP, KIT Oil & Gas, Superior, Energy Services Inc., Certified Oilfield Rentals LLC, Bois B.V., Key Energy Services, Ensign Energy Services, FMC Technologies, Precision Drilling..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 3.89% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Oilfield Equipment Rental include
- Several oil & gas players have started shifting their exploration focus to unconventional with deep hydrocarbon reservoirs such as coal bed methane (CBM),shale gas, tight gas, and heavy oil. Petroleum market currently, have advanced IT machinery and different software for operations of different unconventional as well as deep reservoir conditions. Thus, the increasing shift towards unconventional exploration is expected to augment the growth of the market over the forecast period.
- The increasing technologies for improving productivity is expected to support the growth of the market in the near future.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Oilfield Equipment Rental in 2020.
