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.
This report contains market size and forecasts of Production Oilfield Services and Equipments in Global, including the following market information:
Global Production Oilfield Services and Equipments Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Production Oilfield Services and Equipments market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Pressure Pumping Services Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Production Oilfield Services and Equipments include Baker Hughes Incorporated, Schlumberger Limited, Weatherford International Limited, Halliburton Company, Beron Energy Ltd, Frontier Oilfield Services Inc., The Weir Group PLC and Cameron, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Production Oilfield Services and Equipments companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Production Oilfield Services and Equipments Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Production Oilfield Services and Equipments Market Segment Percentages, by Type, 2021 (%)
Pressure Pumping Services
Completion & Equipment Services
Drilling & Production Specialty Chemicals
Well Servicing
Coil Tubing
Surface Equipment Services
Rig Equipments
Global Production Oilfield Services and Equipments Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Production Oilfield Services and Equipments Market Segment Percentages, by Application, 2021 (%)
Oil Production
Gas Production
Global Production Oilfield Services and Equipments Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Production Oilfield Services and Equipments Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Production Oilfield Services and Equipments revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Production Oilfield Services and Equipments revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Baker Hughes Incorporated
Schlumberger Limited
Weatherford International Limited
Halliburton Company
Beron Energy Ltd
Frontier Oilfield Services Inc.
The Weir Group PLC
Cameron