Credence Research’s report, "Production Oilfield Services & Equipments market: Global Industry Analysis, Segmentation, Competitors Analysis, Organization Size, Vertical, Geography, and Forecast to 2026" presents the market, competitive aspect, and trends for three Production Oilfield Services & Equipments market fragments: High-field, Mid-field, and Low-field Production Oilfield Services & Equipments market. It provides comprehensive information on the key trends affecting these segments, and key analytical content on the dynamics of the market. [Continue reading…]
The report also reviews the competitive landscape, analyzes each segments pipeline products and gives details of important merger and acquisition deals. It is created using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by Credence Research’s team of industry experts.
Browse here for full report with Toc: https://www.credenceresearch.com/report/production-oilfield-services-and-equipments-market
Market Insight:
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 due to growing nonconventional shale gas production activities across the globe. 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 & 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 shale gas exploration and production awaiting further environmental assessments.
Scope:
The report examines the Production Oilfield Services & Equipments market, the major driving forces and potential challenges that could restrict growth. Its scope includes
-Key geographies: US, Canada, Germany, France, UK, Italy, Spain, Brazil, Japan, China, India, and Australia.
-Information on market size for three Production Oilfield Services & Equipments market segments: High-field, Mid-field, and Low-filed.
-Annualized market revenue data forecast to 2026 and company share data for 2017.
-Qualitative analysis of key trends in the Production Oilfield Services & Equipments market.
-Information on the competitive landscape and the leading technologies of leading players:
Reasons to buy
The report will enhance your decision-making ability by allowing you to
-Develop business strategies by understanding the trends and developments driving the global Production Oilfield Services & Equipments market.
-Design and improve your product development, marketing, and sales strategies.
-Exploit merger and acquisition possibilities by identifying the market players with the most innovative pipelines.
-Develop market-entry and market-expansion strategies.
-Identify the key players best positioned to take advantage of the emerging market opportunities.
-Exploit in-licensing and out-licensing opportunities by identifying the products most likely to ensure a robust return.
-Identify, understand and capitalize on emerging blockbusters of the Production Oilfield Services & Equipments market landscape.
-Make more informed business decisions from insightful and in-depth analysis of the global Production Oilfield Services & Equipments market and the factors shaping it.
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
Browse here for full report with Toc: https://www.credenceresearch.com/report/production-oilfield-services-and-equipments-market
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About Us
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