by According To Vision Research Reports study on oilfield services market offers exclusive insights into key growth drivers, restraints and business opportunities. The report underscores some of the popular strategies that market players undertake to gain competitive edge.
Vision Research Reports offer the information regarding all the critical aspects of the market such as product types, application spectrum, sales network and distribution channels, geographies and other key factors.
The Global oilfield services market size is expected to reach around US$ 145.1 billion by 2030 and is anticipated to grow at a CAGR of 5.4% during forecast period 2021 to 2030.
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| Report Scope | Details |
| Market Size | US$ 145.1 billion by 2030 |
| Growth Rate | CAGR of 5.4% From 2021 to 2030 |
| Largest Market | Asia Pacific |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Application, Services, Type |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Schlumberger, Halliburton, Baker Hughes, Weatherford International, Calfrac Well Services, and Cudd Energy Services |
Growth Factor
These services are being increasingly implemented owing to the rising demand for energy and the development of new oilfields. The purpose of oilfield services is to help operators control the subsurface pressures, minimize formation damage, control borehole erosion, and optimize drilling parameters including the penetration rate and hole cleaning. The burgeoning offshore industry, particularly in the Persian Gulf, is anticipated to drive the oilfield services market over the forecast period. However, the adverse environmental effects of E&P activities coupled with strict government regulations are likely to hinder the market growth.
These initiatives are anticipated to positively drive the market over the forecast period. Harsh environments such as dry climate, desert topography, and extreme temperatures have compelled market participants to come up with efficient lubricants and cooling agents to protect and extend the life of their equipment.
The oilfield services market report contains company profiles of the top companies operating in the market along with their respective revenue and operating segments, market footprint, strategic developments, headquarters, growth rates, recent developments, product /services, expansion strategies, investments in expansion, and more.
This oilfield services market report offers historical data points and forecasts and revenue growth at a global, regional, and country level, latest industry trends, and consumption pattern details for each region, major country, and segment from 2021 to 2030.
The market report also covers technical data, manufacturing and production costs, research and development activities, regulatory framework, economic factors, and globalization. The report further segments the oilfield services market on the basis of Leading Companies Profiled, and key regions of oilfield services market.
What is our report scope?
This report focuses on the oilfield services market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. The oilfield services market report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market.
COVID-19 has compressed the global economy and with it the manufacturing and marketing sector, production, disruption, financial.
The significant drop in COVID-19 cases due to mass inoculations programs worldwide are anticipated to increase revenue flow in the global economy and contribute to the growth of the car electrical products market. The COVID-19 impact has changed the growth projections of many sectors and businesses. The analysts put their excellent and well-researched opinions in the report. The opinions will help the stakeholders to make their strategy accordingly.
Key Players
Major companies operating in the market include Schlumberger, Halliburton, Baker Hughes, Weatherford International, Calfrac Well Services, and Cudd Energy Services.
Market Segmentation
- By Application
- Onshore
- Offshore
- By Service
- Workover & completion services
- Production
- Drilling
- Subsea
- Seismic
- Processing & separation services
- Others
- By Type
- Equipment rental
- Field operation
- Analytical & consulting services
- Regional
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The U.K.
- Russia
- Asia Pacific
- China
- Australia
- Central & South America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- Algeria
- South Africa
- North America
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Key insights presented in This Market Research:
- Market revenue shares by major business players with market segmentation and its scope
- Sales revenue by key players and new entrants, additionally the report contains knowledge information on customers, competitors, vendors/distributors, and alternative players and within the global marketplace
- Competitive analysis of key players, as well as company summary, product or services specification, vendors, and buyers.
- Recent mergers, acquisitions, product launches, recent investments, and joint ventures
- Regional analysis to produce insight into recent trends and opportunities.
- To predict the market size, in key regions (along with countries) North America, Europe, Asia Pacific, geographical region and Middle East and continent
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Oilfield Services Market, By Application
7.1. Oilfield Services Market, by Application, 2021-2030
7.1.1. Onshore
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Offshore
7.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Oilfield Services Market, By Service
8.1. Oilfield Services Market, by Service, 2021-2030
8.1.1. Workover & completion services
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Production
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Drilling
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Subsea
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Seismic
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Processing & separation services
8.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Oilfield Services Market, By Type
9.1. Oilfield Services Market, by Type, 2021-2030
9.1.1. Equipment rental
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Field operation
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Analytical & consulting services
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Oilfield Services Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Application (2017-2030)
10.1.2. Market Revenue and Forecast, by Service (2017-2030)
10.1.3. Market Revenue and Forecast, by Type (2017-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Application (2017-2030)
10.1.4.2. Market Revenue and Forecast, by Service (2017-2030)
10.1.4.3. Market Revenue and Forecast, by Type (2017-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Application (2017-2030)
10.1.5.2. Market Revenue and Forecast, by Service (2017-2030)
10.1.5.3. Market Revenue and Forecast, by Type (2017-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Application (2017-2030)
10.2.2. Market Revenue and Forecast, by Service (2017-2030)
10.2.3. Market Revenue and Forecast, by Type (2017-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Application (2017-2030)
10.2.4.2. Market Revenue and Forecast, by Service (2017-2030)
10.2.4.3. Market Revenue and Forecast, by Type (2017-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Application (2017-2030)
10.2.5.2. Market Revenue and Forecast, by Service (2017-2030)
10.2.5.3. Market Revenue and Forecast, by Type (2017-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Application (2017-2030)
10.2.6.2. Market Revenue and Forecast, by Service (2017-2030)
10.2.6.3. Market Revenue and Forecast, by Type (2017-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Application (2017-2030)
10.2.7.2. Market Revenue and Forecast, by Service (2017-2030)
10.2.7.3. Market Revenue and Forecast, by Type (2017-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Application (2017-2030)
10.3.2. Market Revenue and Forecast, by Service (2017-2030)
10.3.3. Market Revenue and Forecast, by Type (2017-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Application (2017-2030)
10.3.4.2. Market Revenue and Forecast, by Service (2017-2030)
10.3.4.3. Market Revenue and Forecast, by Type (2017-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Application (2017-2030)
10.3.5.2. Market Revenue and Forecast, by Service (2017-2030)
10.3.5.3. Market Revenue and Forecast, by Type (2017-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Application (2017-2030)
10.3.6.2. Market Revenue and Forecast, by Service (2017-2030)
10.3.6.3. Market Revenue and Forecast, by Type (2017-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Application (2017-2030)
10.3.7.2. Market Revenue and Forecast, by Service (2017-2030)
10.3.7.3. Market Revenue and Forecast, by Type (2017-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Application (2017-2030)
10.4.2. Market Revenue and Forecast, by Service (2017-2030)
10.4.3. Market Revenue and Forecast, by Type (2017-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Application (2017-2030)
10.4.4.2. Market Revenue and Forecast, by Service (2017-2030)
10.4.4.3. Market Revenue and Forecast, by Type (2017-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Application (2017-2030)
10.4.5.2. Market Revenue and Forecast, by Service (2017-2030)
10.4.5.3. Market Revenue and Forecast, by Type (2017-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Application (2017-2030)
10.4.6.2. Market Revenue and Forecast, by Service (2017-2030)
10.4.6.3. Market Revenue and Forecast, by Type (2017-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Application (2017-2030)
10.4.7.2. Market Revenue and Forecast, by Service (2017-2030)
10.4.7.3. Market Revenue and Forecast, by Type (2017-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Application (2017-2030)
10.5.2. Market Revenue and Forecast, by Service (2017-2030)
10.5.3. Market Revenue and Forecast, by Type (2017-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Application (2017-2030)
10.5.4.2. Market Revenue and Forecast, by Service (2017-2030)
10.5.4.3. Market Revenue and Forecast, by Type (2017-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Application (2017-2030)
10.5.5.2. Market Revenue and Forecast, by Service (2017-2030)
10.5.5.3. Market Revenue and Forecast, by Type (2017-2030)
Chapter 11. Company Profiles
11.1. Schlumberger
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Halliburton
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Baker Hughes
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Weatherford International
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Calfrac Well Services
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Cudd Energy Services
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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