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Oilfield Services Market

Oilfield Services Market

Oilfield Services Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

143

Base Year:

2022

Date

Mar - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1387

Segments Covered
  • By Application By Application Onshore, Offshore
  • By Service By Service Pressure Pumping Services, Oil Country Tubular Goods, Wireline Services, Well Completion Equipment & Services, Well Intervention Services, Drilling & Completion Fluid Services, Drilling Waste Management Services, Coiled Tubing Services
  • By Type By Type Equipment rental, Field operation, Analytical services
  • By Regions By Regions North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 272.45 Million
Revenue 2030Revenue 2030: USD 421.31 Million
Revenue CAGRRevenue CAGR (2023 - 2030): 5.60%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst

Research Methodology: Oilfield Services Market by Application by Service by Type by Regions - Global Market Assessment, 2021 - 2028

Secondary Research

Primary Research:

Apart from the secondary research, we at Vantage Market Research, conduct exhaustive primary research to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills the following data requirements:


  • Oilfield Services supply-demand scenario in the global and regional markets
  • Global and regional market size and segmental trends
  • Revalidation of secondary research outcomes and findings
  • Further market understandings and upcoming developments

Data Triangulation and Market Size Estimations

Top-down and bottom-up approaches are used to validate and estimate the market size of the Oilfield Services market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. The data was triangulated by employing various data models and statistical techniques to arrive at exact statistics and future market trends.  

Vantage Market Research | 16-Mar-2022
FAQ
Frequently Asked Question
  • The global Oilfield Services valued at USD 272.45 Million in 2022 and is expected to reach USD 421.31 Million in 2030 growing at a CAGR of 5.60%.

  • The prominent players in the market are Baker Hughes Incorporated (US), Halliburton Company (US), Schlumberger Limited (US), Weatherford International, PLC (Switzerland), National Oilwell Varco, Inc. (US), China Oilfield Services Limited (COSL)(China), Superior Energy Services, Inc. (US), Technipfmc.PLC (U.K), Trican Well Service, Ltd. (US), Welltec International APS (Denmark), Nabors Industries, Ltd. (Bermuda), Nordic Well Services, LLC (UAE)..

  • The market is project to grow at a CAGR of 5.60% between 2023 and 2030.

  • The driving factors of the Oilfield Services include

    • rising demand for oilfield services from the on-going shale oil and natural gas production

  • North America was the leading regional segment of the Oilfield Services in 2022.