Oil & Gas Equipment Rental Market Size, Size and Forecast 2019-2026

SKU: DAG121 | Last Updated On: 2019-08-19 | No. of Pages: 205 | Available Formats

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The global Oil & Gas Equipment Rental market was valued at USD xx million in 2016, USD xx million in 2017, and is estimated to reach USD xx million by 2022, with a CAGR of xx% during the forecasting period (2018-2023).

MARKET Overview

  • The market growth is driven by several factors such as increasing technological advancements in oilfield equipment, rising global investments in Exploration & Production (E&P), growing drilling activity, and increasing unconventional hydrocarbon production in North America.
  • However, the growth is retrained by few factors such as customized demands by drillers, uncertain regulatory framework and equipment utilization and cold stacked inventory.
  • The global Oil & Gas Equipment Rental market was valued at USD xx million in 2016, USD xx million in 2017, and is estimated to reach USD xx million by 2022, with a CAGR of xx% during the forecasting period (2018-2023).

 

Market Segmentation

  • The global Oil & Gas Equipment Rental market is segmented by equipment type into Drilling Equipment (Drill Pipe, Drill Collar, Hevi-Wate, Subs and Other Drilling Equipment), Pressure & Flow Control Equipment (Blow Out Preventer (BOP), Valves & Manifolds, and Other Pressure & Flow Control Equipment), Fishing Equipment, and Other Oilfield Equipment.
  • The drilling equipment market segment, by type, is expected to dominate the oilfield equipment rental market during the forecasting period due to increasing shale mining in North America and technological advancement in the drilling equipment used in such unconventional shale reserves.

 

Geographical Analysis

  • Geographically, the market is segmented into North America, South America, Europe, Asia Pacific and RoW. North America is expected to dominate the global oilfield equipment rental market due to growing unconventional hydrocarbon production in the region.  North America is the new leading producer of global oil markets due to the boom in production from both shale operations and deep-water exploration and production in the Gulf of Mexico. With increasing capital spending by major oil companies, exploration and production activities in this region are expected to grow. Hence, due to all these factors, the North American oilfield equipment rental market is growing.
  • This graph shows the projected U.S. equipment rental market size from 2017 through 2021. In 2021, the equipment rental market in the United States is forecasted to be sized at approximately 59.4 billion U.S. dollars. The general tool rental segment was projected to grow at a compound annual growth rate (CAGRs) 6.1 percent.

 

Key Market Players

  • The major players in the global Automation market includes Schlumberger Limited, Halliburton Company, Superior Energy Services, Inc., Oil States International, Inc., Technipfmc, PLC, Weatherford International, PLC, Parker Drilling Company, Seventy Seven Energy, Inc., Basic Energy Services, Inc., Key Energy Services, Inc., John Energy, Ltd., Circle T Service & Rental, Ltd., Ensign Energy Services, Inc., Bestway Oilfields and Kit Oil & Gas.

 

Scope of the Market Report

The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.

 

 

Why purchase the report?

•           Visualize the composition of the Oil & Gas Equipment Rental market across each indication, in terms of type and applications, highlighting the key commercial assets and players.

•           Identify commercial opportunities in Oil & Gas Equipment Rental by analyzing trends and co-development deals.

•           Excel data sheet with thousands of data points of the Oil & Gas Equipment Rental market - level 4/5 segmentation

•           PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study

•           Product mapping in excel for the key Oil & Gas Equipment Rental products of all major market players

Chapter 1: Table of Contents                            

Chapter 2: Executive Summary                        

Chapter 3: Methodology and Scope                              

            3.1 Research Methodology                   

            3.2 Scope of the Report            

Chapter 4: Oil & Gas Equipment Rental Market- Headlines & Trends                            

            4.1 Headlines               

            4.2 Key Trends & Developments                      

Chapter 5: Oil & Gas Equipment Rental - Industry Analysis                             

            5.1 Industry Impact Factors (Drivers & Restraints)                    

            5.2 Porter 5 Forces                   

            5.4 Regulatory Analysis           

Chapter 6: Oil & Gas Equipment Rental - Market Segmentataion Analysis                                

            6.1 ByType                  

                        6.1.1 Drilling Equipment         

                                    6.1.1.1 Drill Pipe

                                    6.1.1.2 Hevi-Wate

                                    6.1.1.3 Subs

                                    6.1.1.4 Other drilling equipment

                        6.1.2 Pressure & Flow Control Equipment        

                                    6.1.2.1 Blow Out Preventer (BOP)

                                    6.1.2.2 Valves & Manifolds

                                    6.1.2.1 Other Pressure & Flow Control Equipment

                        6.1.3 Fishing Equipment          

                        6.1.4 Other Oilfield Equipment

            6.2 By Region              

                        6.2.1. North America   

                                    6.2.1.1 The USA

                                    6.2.1.2 Canada

                                    6.3.1.3 Mexico

                        6.2.2 Europe    

                                    6.2.2.1 Germany

                                    6.2.2.2 France

                                    6.3.2.3 The UK

                                    6.2.2.4 Italy

                                    6.2.2.5 Spain

                                    6.2.2.6 Rest of Europe

                        6.2.3 Asia Pacific         

                                    6.2.2.1 China

                                    6.2.2.2 Japan

                                    6.2.2.3 India

                                    6.2.2.4 Australia

                                    6.2.2.5 Rest of Asia Pacific

                        6.2.2 Middle East and Africa    

                                    6.2.2.1 GCC

                                    6.2.2.2 South Africa

                                    6.2.2.3 Rest of Middle East and Africa

                        6.2.5 South America    

                                    6.2.5.1 Brazil

                                    6.2.5.2 Argentina

                                    6.2.5.3 Rest of South America

                        6.4.6 RoW       

Chapter 7: Oil & Gas Equipment Rental Market - Competitive Landscape                                 

            7.1 Market Share Analysis                    

            7.2 Price Trend Analysis                      

            7.3 Key Strategies adopted by Manufacturers                

            7.4 Product Benchmarking                   

Chapter 8: Company Profiles                            

                            8.1 Schlumberger Limited                

                            8.2 Halliburton Company                 

                            8.3 Superior Energy Services, Inc.                

                            8.4 Oil States International, Inc.                   

                            8.5 Technipfmc                   

                            8.6 Parker Drilling Company            

                            8.7 Weatherford International                      

                            8.8 Seventy Seven Energy                

                            8.9 Basic Energy Services                 

                            8.10 Key Energy Services Inc.                      

                            8.11 John Energy Ltd.                      

                            8.12 Circle T service & Rental Ltd.               

                            8.13 Ensign Energy Services Inc.                  

                            8.14 Bestway Oilfields                     

                            8.15 Kit Oil & Gas               

Chapter 9: Oil & Gas Equipment Rental Market - Appendix                              

            9.1 Sources                  

            9.2 Analysis Supporting Database

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