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Synopsis
The oilfield services (or OFS) industry refers to all products and services associated with the oil and gas exploration and production process, include many technology-based services that are vital for successful field operations. Such services include locating energy sources, energy data management, drilling and formation evaluation, geological sciences, and many others.
The global Oilfield Service market size is expected to reach US$ 248990 million by 2029, growing at a CAGR of 2.7% from 2023 to 2029. The market is mainly driven by the significant applications of Oilfield Service in various end use industries. The expanding demands from the Onshore, Shallow Water and Deep Water,, are propelling Oilfield Service market. Coiled Tubing, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Wireline segment is estimated at % CAGR for the next seven-year period.
Global Oilfield Services key players include Schlumberger, Halliburton, TechnipFMC, Baker Hughes (GE), Saipem, etc. Global top five manufacturers hold a share about 35%.
North America is the largest market, with a share over 35%, followed by Asia-Pacific and Europe, both have a share about 40 percent.
In terms of product, Drilling Services is the largest segment, with a share about 40%. And in terms of application, the largest application is Onshore, followed by Cereals and Offshore.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Oilfield Service, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Oilfield Service market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Oilfield Service market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Oilfield Service sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Oilfield Service covered in this report include GE, Weatherford, Halliburton, Superior Energy Services, Expro International Group, National Oilwell Varco, Schlumberger, Key Energy Services and Pioneer Energy Services, etc.
The global Oilfield Service market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Global Oilfield Service market, by region:
Global Oilfield Service market, Segment by Type:
Global Oilfield Service market, by Application
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Oilfield Service companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index
1 Market Overview of Oilfield Service
1.1 Oilfield Service Market Overview
1.1.1 Oilfield Service Product Scope
1.1.2 Oilfield Service Market Status and Outlook
1.2 Global Oilfield Service Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Oilfield Service Market Size by Region (2018-2029)
1.4 Global Oilfield Service Historic Market Size by Region (2018-2023)
1.5 Global Oilfield Service Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Oilfield Service Market Size (2018-2029)
1.6.1 North America Oilfield Service Market Size (2018-2029)
1.6.2 Europe Oilfield Service Market Size (2018-2029)
1.6.3 Asia-Pacific Oilfield Service Market Size (2018-2029)
1.6.4 Latin America Oilfield Service Market Size (2018-2029)
1.6.5 Middle East & Africa Oilfield Service Market Size (2018-2029)
2 Oilfield Service Market by Type
2.1 Introduction
2.1.1 Coiled Tubing
2.1.2 Wireline
2.1.3 OCTG(Oil Country Tubular Goods)
2.1.4 Completion Equipment & Services
2.1.5 Well Intervention
2.1.6 Drilling & Completion Fluids
2.1.7 Pressure Pumping
2.1.8 Drilling Waste Management
2.2 Global Oilfield Service Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Oilfield Service Historic Market Size by Type (2018-2023)
2.2.2 Global Oilfield Service Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Oilfield Service Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Oilfield Service Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Oilfield Service Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Oilfield Service Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Oilfield Service Revenue Breakdown by Type (2018-2029)
3 Oilfield Service Market Overview by Application
3.1 Introduction
3.1.1 Onshore
3.1.2 Shallow Water
3.1.3 Deep Water
3.2 Global Oilfield Service Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Oilfield Service Historic Market Size by Application (2018-2023)
3.2.2 Global Oilfield Service Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Oilfield Service Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Oilfield Service Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Oilfield Service Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Oilfield Service Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Oilfield Service Revenue Breakdown by Application (2018-2029)
4 Oilfield Service Competition Analysis by Players
4.1 Global Oilfield Service Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Oilfield Service as of 2022)
4.3 Date of Key Players Enter into Oilfield Service Market
4.4 Global Top Players Oilfield Service Headquarters and Area Served
4.5 Key Players Oilfield Service Product Solution and Service
4.6 Competitive Status
4.6.1 Oilfield Service Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 GE
5.1.1 GE Profile
5.1.2 GE Main Business
5.1.3 GE Oilfield Service Products, Services and Solutions
5.1.4 GE Oilfield Service Revenue (US$ Million) & (2018-2023)
5.1.5 GE Recent Developments
5.2 Weatherford
5.2.1 Weatherford Profile
5.2.2 Weatherford Main Business
5.2.3 Weatherford Oilfield Service Products, Services and Solutions
5.2.4 Weatherford Oilfield Service Revenue (US$ Million) & (2018-2023)
5.2.5 Weatherford Recent Developments
5.3 Halliburton
5.3.1 Halliburton Profile
5.3.2 Halliburton Main Business
5.3.3 Halliburton Oilfield Service Products, Services and Solutions
5.3.4 Halliburton Oilfield Service Revenue (US$ Million) & (2018-2023)
5.3.5 Superior Energy Services Recent Developments
5.4 Superior Energy Services
5.4.1 Superior Energy Services Profile
5.4.2 Superior Energy Services Main Business
5.4.3 Superior Energy Services Oilfield Service Products, Services and Solutions
5.4.4 Superior Energy Services Oilfield Service Revenue (US$ Million) & (2018-2023)
5.4.5 Superior Energy Services Recent Developments
5.5 Expro International Group
5.5.1 Expro International Group Profile
5.5.2 Expro International Group Main Business
5.5.3 Expro International Group Oilfield Service Products, Services and Solutions
5.5.4 Expro International Group Oilfield Service Revenue (US$ Million) & (2018-2023)
5.5.5 Expro International Group Recent Developments
5.6 National Oilwell Varco
5.6.1 National Oilwell Varco Profile
5.6.2 National Oilwell Varco Main Business
5.6.3 National Oilwell Varco Oilfield Service Products, Services and Solutions
5.6.4 National Oilwell Varco Oilfield Service Revenue (US$ Million) & (2018-2023)
5.6.5 National Oilwell Varco Recent Developments
5.7 Schlumberger
5.7.1 Schlumberger Profile
5.7.2 Schlumberger Main Business
5.7.3 Schlumberger Oilfield Service Products, Services and Solutions
5.7.4 Schlumberger Oilfield Service Revenue (US$ Million) & (2018-2023)
5.7.5 Schlumberger Recent Developments
5.8 Key Energy Services
5.8.1 Key Energy Services Profile
5.8.2 Key Energy Services Main Business
5.8.3 Key Energy Services Oilfield Service Products, Services and Solutions
5.8.4 Key Energy Services Oilfield Service Revenue (US$ Million) & (2018-2023)
5.8.5 Key Energy Services Recent Developments
5.9 Pioneer Energy Services
5.9.1 Pioneer Energy Services Profile
5.9.2 Pioneer Energy Services Main Business
5.9.3 Pioneer Energy Services Oilfield Service Products, Services and Solutions
5.9.4 Pioneer Energy Services Oilfield Service Revenue (US$ Million) & (2018-2023)
5.9.5 Pioneer Energy Services Recent Developments
5.10 Nabors Industries
5.10.1 Nabors Industries Profile
5.10.2 Nabors Industries Main Business
5.10.3 Nabors Industries Oilfield Service Products, Services and Solutions
5.10.4 Nabors Industries Oilfield Service Revenue (US$ Million) & (2018-2023)
5.10.5 Nabors Industries Recent Developments
6 North America
6.1 North America Oilfield Service Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Oilfield Service Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Oilfield Service Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Oilfield Service Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Oilfield Service Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Oilfield Service Market Dynamics
11.1 Oilfield Service Industry Trends
11.2 Oilfield Service Market Drivers
11.3 Oilfield Service Market Challenges
11.4 Oilfield Service Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research