Oilfield Equipment Rental Market and Revenue Analysis Insights by Latest Trends, Top Key Players, Future Growth, Revenue and Demand Forecast 2022

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment. 

The oilfield equipment rental market is projected to reach USD 20.55 billion, by 2022, growing at a CAGR of 3.87%, from 2017 to 2022. Oilfield equipment are widely used during exploratory and production phase of an oil & gas well. Technological advancement in oilfield equipment and increase in global investments in exploration and production are expected to drive the oilfield equipment rental market in North America and the Middle East. Customized demands by drillers, as well as uncertain regulatory framework, can hinder the growth of the oilfield equipment rental market.

Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-108349
The Final Report will cover the impact analysis of COVID-19 on this industry: Oilfield Equipment Rental Market and Revenue Analysis Insights by Latest Trends, Top Key Players, Future Growth, Revenue and Demand Forecast 2022

“The drilling equipment segment is expected to grow at the highest CAGR from 2017 to 2022.”
Based on equipment, the drilling equipment segment is estimated to be the fastest growing market from 2017 to 2022. Due to wide usage and increased drilling activity across regions, the demand for drilling equipment is expected to grow over the next two years. Factors like these would drive the growth of the drilling equipment segment of the oilfield equipment rental market.

“North America: The largest market for oilfield equipment rental.”
North America is currently the largest market for oilfield equipment rental, followed by the Middle East and Asia-Pacific. Extensive shale mining and increasing refracturing activities in the U.S. are driving the oilfield equipment rental market. The U.S. is estimated to be the fastest growing market in the region, followed by the market in Canada, during the forecast period.

Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-108349
The Final Report will cover the impact analysis of COVID-19 on this industry: Oilfield Equipment Rental Market and Revenue Analysis Insights by Latest Trends, Top Key Players, Future Growth, Revenue and Demand Forecast 2022

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 30%, Tier 2- 35%, Tier 3- 35%
By Designation: C-Level- 10%, D-Level- 30%, Others- 60%
By Region: North America- 12%, Asia-Pacific- 55%, Europe- 10%, South America- 3%, Middle East- 11%, Africa- 9%

Research Coverage:
The report provides a picture of the oilfield equipment rental market across industries and regions. It aims at estimating the market size and future growth potential of the market across different segments such as equipment type, application, and region. Furthermore, the report also includes an in-depth competitive analysis of key players in the market along with their company profiles, recent developments, and key market strategies.

Why buy this report?
1. The report identifies and addresses the key markets for oilfield equipment rental, which would help suppliers review the growth in demand
2. The report helps solution providers understand the pulse of the market and provides insights into drivers, restraints, and challenges.
3. The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.

TABLE OF CONTENTS

1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 15
1.3.1 MARKETS COVERED 15
1.3.2 YEARS CONSIDERED FOR THE STUDY 15
1.4 CURRENCY 16
1.5 LIMITATIONS 16
1.6 STAKEHOLDERS 16
2 RESEARCH METHODOLOGY 17
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 18
2.1.2 PRIMARY DATA 19

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact

Shibuya Data Count
Email: sales@sdki.jp
Tel: + 81 3 45720790

Related Links
https://www.sdki.jp/

Related Reports

Global Enterprise Content Management Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
Global Artificial Intelligence as a Service Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
Middle East & Africa OTT Platform Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
APAC Digital Education Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
Global Blockchain Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
UAE Face Recognition Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
Asia Pacific (APAC) Home Security Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
Global Artificial Intelligence (AI) in Fintech Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
Global IoT Security Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
Global Intelligent Transportation System Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
Global Farming as a Service Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
Global Smart Home Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
Global Geographic Information Software (GIS) in Agriculture Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
GCC Video Surveillance Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
UK IoT in Manufacturing Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
UAE Video Surveillance Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
Global Artificial Intelligence Chip Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
Saudi Arabia Video Surveillance Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
Asia-Pacific Industrial Control System Security Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
Asia Pacific Wireless Charging Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
Global 5G Infrastructure Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020Identity & Access Management Market Insights by Emerging Trends, Growth and Forecast till 2021
Managed Network Services Market Insights by Emerging Trends, Growth and Forecast till 2021
Managed Security Service Market Insights by Emerging Trends, Growth and Forecast till 2021
Network-as-a-Service Market Insights by Emerging Trends, Growth and Forecast till 2021

Share your love
Christophe Rude

Christophe Rude

Articles: 15888

Leave a Reply

Your email address will not be published. Required fields are marked *