Oilfield Services Market Analysis 2022 | by Product Type (Coiled Tubing Services, Well Completion Equipment & Services, Drilling & Completion Fluids Services, Drilling Waste Management Services, Oil Country Tubular Goods, Pressure Pumping Services, Well Intervention, Wireline Services), Application Type (Onshore, Offshore), are coverd in this report by 360 Market Updates | 106 Report Pages
The global Oilfield Services market size is expected to expand at a CAGR of 6.82% during the forecast period, reaching USD 164105.03 million by 2027 was valued at USD 110462.86 million in 2021.
Oilfield Services Market explore investment in Market. It classify how companies deploying these technologies across various industry verticals aim to explore its future to become a major business disrupter. The Oilfield Services study eludes very useful reviews and strategic assessment including the generic market trends, emerging technologies, industry drivers, challenges, regulatory policies that propel the market growth, along with major players profile and strategies. The study includes market share analysis and profiles of players such as Expro International, Scomi Energy Services BHD, Condor Energy, Welltec, Schlumberger, Calfrac Well Services, Oilserv, National Oilwell Varco, Gyrodata Incorporated, Pioneer Energy Services, GE Oil and Gas, China Oilfield Services Limited (COSL), Archer, Key Energy Services, Basic Energy Services, Nordic Gulf, Superior Energy Services, The Engineering and Development Group, Technipfmc, Altus, Almansoori Petroleum Services, Halliburton, Baker Hughes, Nabors Industries, Weatherford International, Trican Well Service
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Oilfield Services Market Overviwe:
The global Oilfield Services market size was valued at USD 110462.86 million in 2021 and is expected to expand at a CAGR of 6.82% during the forecast period, reaching USD 164105.03 million by 2027.
The oilfield equipment and services (or OFS) industry refers to all products and services associated with the oil and gas exploration and production process, or the upstream energy industry. It includes services such as locating energy sources, energy data management, drilling and formation evaluation, well construction, and production and completion services.
Market split by Type, can be divided into: –
- Coiled Tubing Services
- Well Completion Equipment and Services
- Drilling and Completion Fluids Services
- Drilling Waste Management Services
- Oil Country Tubular Goods
- Pressure Pumping Services
- Well Intervention
- Wireline Services
Market split by Application, can be divided into: –
Major Key Players of the Market:
- Expro International
- Scomi Energy Services BHD
- Condor Energy
- Welltec
- Schlumberger
- Calfrac Well Services
- Oilserv
- National Oilwell Varco
- Gyrodata Incorporated
- Pioneer Energy Services
- GE Oil and Gas
- China Oilfield Services Limited (COSL)
- Archer
- Key Energy Services
- Basic Energy Services
- Nordic Gulf
- Superior Energy Services
- The Engineering and Development Group
- Technipfmc
- Altus
- Almansoori Petroleum Services
- Halliburton
- Baker Hughes
- Nabors Industries
- Weatherford International
- Trican Well Service
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Market segment by Region/Country including: –
-North America (United States, Canada and Mexico)
-Europe (Germany, UK, France, Italy, Russia and Spain etc.)
-Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
-South America (Brazil, Argentina and Colombia etc.)
-Middle East and Africa (South Africa, UAE and Saudi Arabia etc.)
FIVE FORCES and PESTLE ANALYSIS:
In order to better understand Market condition five forces analysis is conducted that includes Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry.
Political (Political policy and stability as well as trade, fiscal and taxation policies)
Economical (Interest rates, employment or unemployment rates, raw material costs and foreign exchange rates)
Social (Changing family demographics, education levels, cultural trends, attitude changes and changes in lifestyles)
Technological (Changes in digital or mobile technology, automation, research and development)
Legal (Employment legislation, consumer law, health and safety, international as well as trade regulation and restrictions)
Environmental (Climate, recycling procedures, carbon footprint, waste disposal and sustainability)
Key takeaways from the Oilfield Services market report:
1. Detailed considerate of Oilfield Services market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.
2. Comprehensive valuation of all prospects and threat in the In depth study of industry strategies for growth of the Oilfield Services market-leading players.
3. Oilfield Services market latest innovations and major procedures.
4. Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.
5. Conclusive study about the growth conspiracy of Oilfield Services market for forthcoming years.
To Know How Covid-19 Pandemic Will Impact This Market
Table of Contents:
1 Oilfield Services Market Overview
1.1 Product Overview and Scope of Oilfield Services Market
1.2 Oilfield Services Market Segment by Type
1.2.1 Global Oilfield Services Market Sales Volume and CAGR (%) Comparison by Type (2017-2027)
1.3 Global Oilfield Services Market Segment by Application
1.3.1 Oilfield Services Market Consumption (Sales Volume) Comparison by Application (2017-2027)
1.4 Global Oilfield Services Market, Region Wise (2017-2027)
1.4.1 Global Oilfield Services Market Size (Revenue) and CAGR (%) Comparison by Region (2017-2027)
1.4.2 United States Oilfield Services Market Status and Prospect (2017-2027)
1.4.3 Europe Oilfield Services Market Status and Prospect (2017-2027)
1.4.4 China Oilfield Services Market Status and Prospect (2017-2027)
1.4.5 Japan Oilfield Services Market Status and Prospect (2017-2027)
1.4.6 India Oilfield Services Market Status and Prospect (2017-2027)
1.4.7 Southeast Asia Oilfield Services Market Status and Prospect (2017-2027)
1.4.8 Latin America Oilfield Services Market Status and Prospect (2017-2027)
1.4.9 Middle East and Africa Oilfield Services Market Status and Prospect (2017-2027)
1.5 Global Market Size of Oilfield Services (2017-2027)
1.5.1 Global Oilfield Services Market Revenue Status and Outlook (2017-2027)
1.5.2 Global Oilfield Services Market Sales Volume Status and Outlook (2017-2027)
1.6 Global Macroeconomic Analysis
1.7 The impact of the Russia-Ukraine war on the Oilfield Services Market
2 Industry Outlook
2.1 Oilfield Services Industry Technology Status and Trends
2.2 Industry Entry Barriers
2.2.1 Analysis of Financial Barriers
2.2.2 Analysis of Technical Barriers
2.2.3 Analysis of Talent Barriers
2.2.4 Analysis of Brand Barrier
2.3 Oilfield Services Market Drivers Analysis
2.4 Oilfield Services Market Challenges Analysis
2.5 Emerging Market Trends
2.6 Consumer Preference Analysis
2.7 Oilfield Services Industry Development Trends under COVID-19 Outbreak
2.7.1 Global COVID-19 Status Overview
2.7.2 Influence of COVID-19 Outbreak on Oilfield Services Industry Development
3 Global Oilfield Services Market Landscape by Player
3.1 Global Oilfield Services Sales Volume and Share by Player (2017-2022)
3.2 Global Oilfield Services Revenue and Market Share by Player (2017-2022)
3.3 Global Oilfield Services Average Price by Player (2017-2022)
3.4 Global Oilfield Services Gross Margin by Player (2017-2022)
3.5 Oilfield Services Market Competitive Situation and Trends
3.5.1 Oilfield Services Market Concentration Rate
3.5.2 Oilfield Services Market Share of Top 3 and Top 6 Players
3.5.3 Mergers and Acquisitions, Expansion
4 Global Oilfield Services Sales Volume and Revenue Region Wise (2017-2022)
4.1 Global Oilfield Services Sales Volume and Market Share, Region Wise (2017-2022)
4.2 Global Oilfield Services Revenue and Market Share, Region Wise (2017-2022)
4.3 Global Oilfield Services Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.4 United States Oilfield Services Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.4.1 United States Oilfield Services Market Under COVID-19
4.5 Europe Oilfield Services Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.5.1 Europe Oilfield Services Market Under COVID-19
4.6 China Oilfield Services Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.6.1 China Oilfield Services Market Under COVID-19
4.7 Japan Oilfield Services Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.7.1 Japan Oilfield Services Market Under COVID-19
4.8 India Oilfield Services Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.8.1 India Oilfield Services Market Under COVID-19
4.9 Southeast Asia Oilfield Services Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.9.1 Southeast Asia Oilfield Services Market Under COVID-19
4.10 Latin America Oilfield Services Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.10.1 Latin America Oilfield Services Market Under COVID-19
4.11 Middle East and Africa Oilfield Services Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.11.1 Middle East and Africa Oilfield Services Market Under COVID-19
5 Global Oilfield Services Sales Volume, Revenue, Price Trend by Type
5.1 Global Oilfield Services Sales Volume and Market Share by Type (2017-2022)
5.2 Global Oilfield Services Revenue and Market Share by Type (2017-2022)
5.3 Global Oilfield Services Price by Type (2017-2022)
5.4 Global Oilfield Services Sales Volume, Revenue and Growth Rate by Type (2017-2022)
5.4.1 Global Oilfield Services Sales Volume, Revenue and Growth Rate of Coiled Tubing Services (2017-2022)
5.4.2 Global Oilfield Services Sales Volume, Revenue and Growth Rate of Well Completion Equipment and Services (2017-2022)
5.4.3 Global Oilfield Services Sales Volume, Revenue and Growth Rate of Drilling and Completion Fluids Services (2017-2022)
5.4.4 Global Oilfield Services Sales Volume, Revenue and Growth Rate of Drilling Waste Management Services (2017-2022)
5.4.5 Global Oilfield Services Sales Volume, Revenue and Growth Rate of Oil Country Tubular Goods (2017-2022)
5.4.6 Global Oilfield Services Sales Volume, Revenue and Growth Rate of Pressure Pumping Services (2017-2022)
5.4.7 Global Oilfield Services Sales Volume, Revenue and Growth Rate of Well Intervention (2017-2022)
5.4.8 Global Oilfield Services Sales Volume, Revenue and Growth Rate of Wireline Services (2017-2022)
6 Global Oilfield Services Market Analysis by Application
6.1 Global Oilfield Services Consumption and Market Share by Application (2017-2022)
6.2 Global Oilfield Services Consumption Revenue and Market Share by Application (2017-2022)
6.3 Global Oilfield Services Consumption and Growth Rate by Application (2017-2022)
6.3.1 Global Oilfield Services Consumption and Growth Rate of Onshore (2017-2022)
6.3.2 Global Oilfield Services Consumption and Growth Rate of Offshore (2017-2022)
7 Global Oilfield Services Market Forecast (2022-2027)
7.1 Global Oilfield Services Sales Volume, Revenue Forecast (2022-2027)
7.1.1 Global Oilfield Services Sales Volume and Growth Rate Forecast (2022-2027)
7.1.2 Global Oilfield Services Revenue and Growth Rate Forecast (2022-2027)
7.1.3 Global Oilfield Services Price and Trend Forecast (2022-2027)
7.2 Global Oilfield Services Sales Volume and Revenue Forecast, Region Wise (2022-2027)
7.2.1 United States Oilfield Services Sales Volume and Revenue Forecast (2022-2027)
7.2.2 Europe Oilfield Services Sales Volume and Revenue Forecast (2022-2027)
7.2.3 China Oilfield Services Sales Volume and Revenue Forecast (2022-2027)
7.2.4 Japan Oilfield Services Sales Volume and Revenue Forecast (2022-2027)
7.2.5 India Oilfield Services Sales Volume and Revenue Forecast (2022-2027)
7.2.6 Southeast Asia Oilfield Services Sales Volume and Revenue Forecast (2022-2027)
7.2.7 Latin America Oilfield Services Sales Volume and Revenue Forecast (2022-2027)
7.2.8 Middle East and Africa Oilfield Services Sales Volume and Revenue Forecast (2022-2027)
7.3 Global Oilfield Services Sales Volume, Revenue and Price Forecast by Type (2022-2027)
7.3.1 Global Oilfield Services Revenue and Growth Rate of Coiled Tubing Services (2022-2027)
7.3.2 Global Oilfield Services Revenue and Growth Rate of Well Completion Equipment and Services (2022-2027)
7.3.3 Global Oilfield Services Revenue and Growth Rate of Drilling and Completion Fluids Services (2022-2027)
7.3.4 Global Oilfield Services Revenue and Growth Rate of Drilling Waste Management Services (2022-2027)
7.3.5 Global Oilfield Services Revenue and Growth Rate of Oil Country Tubular Goods (2022-2027)
7.3.6 Global Oilfield Services Revenue and Growth Rate of Pressure Pumping Services (2022-2027)
7.3.7 Global Oilfield Services Revenue and Growth Rate of Well Intervention (2022-2027)
7.3.8 Global Oilfield Services Revenue and Growth Rate of Wireline Services (2022-2027)
7.4 Global Oilfield Services Consumption Forecast by Application (2022-2027)
7.4.1 Global Oilfield Services Consumption Value and Growth Rate of Onshore(2022-2027)
7.4.2 Global Oilfield Services Consumption Value and Growth Rate of Offshore(2022-2027)
7.5 Oilfield Services Market Forecast Under COVID-19
8 Oilfield Services Market Upstream and Downstream Analysis
8.1 Oilfield Services Industrial Chain Analysis
8.2 Key Raw Materials Suppliers and Price Analysis
8.3 Manufacturing Cost Structure Analysis
8.3.1 Labor Cost Analysis
8.3.2 Energy Costs Analysis
8.3.3 RandD Costs Analysis
8.4 Alternative Product Analysis
8.5 Major Distributors of Oilfield Services Analysis
8.6 Major Downstream Buyers of Oilfield Services Analysis
8.7 Impact of COVID-19 and the Russia-Ukraine war on the Upstream and Downstream in the Oilfield Services Industry
9 Players Profiles
9.1 Expro International
9.1.1 Expro International Basic Information, Manufacturing Base, Sales Region and Competitors
9.1.2 Oilfield Services Product Profiles, Application and Specification
9.1.3 Expro International Market Performance (2017-2022)
9.1.4 Recent Development
9.1.5 SWOT Analysis
9.2 Scomi Energy Services BHD
9.2.1 Scomi Energy Services BHD Basic Information, Manufacturing Base, Sales Region and Competitors
9.2.2 Oilfield Services Product Profiles, Application and Specification
9.2.3 Scomi Energy Services BHD Market Performance (2017-2022)
9.2.4 Recent Development
9.2.5 SWOT Analysis
9.3 Condor Energy
9.3.1 Condor Energy Basic Information, Manufacturing Base, Sales Region and Competitors
9.3.2 Oilfield Services Product Profiles, Application and Specification
9.3.3 Condor Energy Market Performance (2017-2022)
9.3.4 Recent Development
9.3.5 SWOT Analysis
9.4 Welltec
9.4.1 Welltec Basic Information, Manufacturing Base, Sales Region and Competitors
9.4.2 Oilfield Services Product Profiles, Application and Specification
9.4.3 Welltec Market Performance (2017-2022)
9.4.4 Recent Development
9.4.5 SWOT Analysis
9.5 Schlumberger
9.5.1 Schlumberger Basic Information, Manufacturing Base, Sales Region and Competitors
9.5.2 Oilfield Services Product Profiles, Application and Specification
9.5.3 Schlumberger Market Performance (2017-2022)
9.5.4 Recent Development
9.5.5 SWOT Analysis
9.6 Calfrac Well Services
9.6.1 Calfrac Well Services Basic Information, Manufacturing Base, Sales Region and Competitors
9.6.2 Oilfield Services Product Profiles, Application and Specification
9.6.3 Calfrac Well Services Market Performance (2017-2022)
9.6.4 Recent Development
9.6.5 SWOT Analysis
9.7 Oilserv
9.7.1 Oilserv Basic Information, Manufacturing Base, Sales Region and Competitors
9.7.2 Oilfield Services Product Profiles, Application and Specification
9.7.3 Oilserv Market Performance (2017-2022)
9.7.4 Recent Development
9.7.5 SWOT Analysis
9.8 National Oilwell Varco
9.8.1 National Oilwell Varco Basic Information, Manufacturing Base, Sales Region and Competitors
9.8.2 Oilfield Services Product Profiles, Application and Specification
9.8.3 National Oilwell Varco Market Performance (2017-2022)
9.8.4 Recent Development
9.8.5 SWOT Analysis
9.9 Gyrodata Incorporated
9.9.1 Gyrodata Incorporated Basic Information, Manufacturing Base, Sales Region and Competitors
9.9.2 Oilfield Services Product Profiles, Application and Specification
9.9.3 Gyrodata Incorporated Market Performance (2017-2022)
9.9.4 Recent Development
9.9.5 SWOT Analysis
9.10 Pioneer Energy Services
9.10.1 Pioneer Energy Services Basic Information, Manufacturing Base, Sales Region and Competitors
9.10.2 Oilfield Services Product Profiles, Application and Specification
9.10.3 Pioneer Energy Services Market Performance (2017-2022)
9.10.4 Recent Development
9.10.5 SWOT Analysis
9.11 GE Oil and Gas
9.11.1 GE Oil and Gas Basic Information, Manufacturing Base, Sales Region and Competitors
9.11.2 Oilfield Services Product Profiles, Application and Specification
9.11.3 GE Oil and Gas Market Performance (2017-2022)
9.11.4 Recent Development
9.11.5 SWOT Analysis
9.12 China Oilfield Services Limited (COSL)
9.12.1 China Oilfield Services Limited (COSL) Basic Information, Manufacturing Base, Sales Region and Competitors
9.12.2 Oilfield Services Product Profiles, Application and Specification
9.12.3 China Oilfield Services Limited (COSL) Market Performance (2017-2022)
9.12.4 Recent Development
9.12.5 SWOT Analysis
9.13 Archer
9.13.1 Archer Basic Information, Manufacturing Base, Sales Region and Competitors
9.13.2 Oilfield Services Product Profiles, Application and Specification
9.13.3 Archer Market Performance (2017-2022)
9.13.4 Recent Development
9.13.5 SWOT Analysis
9.14 Key Energy Services
9.14.1 Key Energy Services Basic Information, Manufacturing Base, Sales Region and Competitors
9.14.2 Oilfield Services Product Profiles, Application and Specification
9.14.3 Key Energy Services Market Performance (2017-2022)
9.14.4 Recent Development
9.14.5 SWOT Analysis
9.15 Basic Energy Services
9.15.1 Basic Energy Services Basic Information, Manufacturing Base, Sales Region and Competitors
9.15.2 Oilfield Services Product Profiles, Application and Specification
9.15.3 Basic Energy Services Market Performance (2017-2022)
9.15.4 Recent Development
9.15.5 SWOT Analysis
9.16 Nordic Gulf
9.16.1 Nordic Gulf Basic Information, Manufacturing Base, Sales Region and Competitors
9.16.2 Oilfield Services Product Profiles, Application and Specification
9.16.3 Nordic Gulf Market Performance (2017-2022)
9.16.4 Recent Development
9.16.5 SWOT Analysis
9.17 Superior Energy Services
9.17.1 Superior Energy Services Basic Information, Manufacturing Base, Sales Region and Competitors
9.17.2 Oilfield Services Product Profiles, Application and Specification
9.17.3 Superior Energy Services Market Performance (2017-2022)
9.17.4 Recent Development
9.17.5 SWOT Analysis
9.18 The Engineering and Development Group
9.18.1 The Engineering and Development Group Basic Information, Manufacturing Base, Sales Region and Competitors
9.18.2 Oilfield Services Product Profiles, Application and Specification
9.18.3 The Engineering and Development Group Market Performance (2017-2022)
9.18.4 Recent Development
9.18.5 SWOT Analysis
9.19 Technipfmc
9.19.1 Technipfmc Basic Information, Manufacturing Base, Sales Region and Competitors
9.19.2 Oilfield Services Product Profiles, Application and Specification
9.19.3 Technipfmc Market Performance (2017-2022)
9.19.4 Recent Development
9.19.5 SWOT Analysis
9.20 Altus
9.20.1 Altus Basic Information, Manufacturing Base, Sales Region and Competitors
9.20.2 Oilfield Services Product Profiles, Application and Specification
9.20.3 Altus Market Performance (2017-2022)
9.20.4 Recent Development
9.20.5 SWOT Analysis
9.21 Almansoori Petroleum Services
9.21.1 Almansoori Petroleum Services Basic Information, Manufacturing Base, Sales Region and Competitors
9.21.2 Oilfield Services Product Profiles, Application and Specification
9.21.3 Almansoori Petroleum Services Market Performance (2017-2022)
9.21.4 Recent Development
9.21.5 SWOT Analysis
9.22 Halliburton
9.22.1 Halliburton Basic Information, Manufacturing Base, Sales Region and Competitors
9.22.2 Oilfield Services Product Profiles, Application and Specification
9.22.3 Halliburton Market Performance (2017-2022)
9.22.4 Recent Development
9.22.5 SWOT Analysis
9.23 Baker Hughes
9.23.1 Baker Hughes Basic Information, Manufacturing Base, Sales Region and Competitors
9.23.2 Oilfield Services Product Profiles, Application and Specification
9.23.3 Baker Hughes Market Performance (2017-2022)
9.23.4 Recent Development
9.23.5 SWOT Analysis
9.24 Nabors Industries
9.24.1 Nabors Industries Basic Information, Manufacturing Base, Sales Region and Competitors
9.24.2 Oilfield Services Product Profiles, Application and Specification
9.24.3 Nabors Industries Market Performance (2017-2022)
9.24.4 Recent Development
9.24.5 SWOT Analysis
9.25 Weatherford International
9.25.1 Weatherford International Basic Information, Manufacturing Base, Sales Region and Competitors
9.25.2 Oilfield Services Product Profiles, Application and Specification
9.25.3 Weatherford International Market Performance (2017-2022)
9.25.4 Recent Development
9.25.5 SWOT Analysis
9.26 Trican Well Service
9.26.1 Trican Well Service Basic Information, Manufacturing Base, Sales Region and Competitors
9.26.2 Oilfield Services Product Profiles, Application and Specification
9.26.3 Trican Well Service Market Performance (2017-2022)
9.26.4 Recent Development
9.26.5 SWOT Analysis
10 Research Findings and Conclusion
11 Appendix
11.1 Methodology
11.2 Research Data Source
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1. Identify the latest developments, market shares and strategies employed by the major market players.
2. Analysing various perspectives of the market with the help of Porter’s five forces analysis
3. Study on the product type and application expected to dominate the market.
4. Study on the country expected to witness fastest growth during the forecast period.
5. Forecasts the market value by assessing the impact of the market drivers and constraints.
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