Oilfield Service Market Scope And Analysis

Report Code : TIPMC100001361
Category : Energy and Power

No. of Pages : 150

Buy Now

Oilfield Service Market Analysis, Size, and Growth (2023-2031)

Buy Now

Oilfield Service Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 111.56 Billion
Market Size by 2031	US$ 175.96 Billion
Global CAGR (2023 - 2031)	5.9%
Historical Data	2021-2022
Forecast period	2023-2031
Segments Covered	By Service Type Well Completion Wire line Artificial Lift Perforation Drilling and Completion Fluids By Application Onshore and Offshore
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Schlumberger Limited Weatherford International Plc Baker Hughes Company Halliburton Company National Oilwell Varco Inc TechnipFMC Plc Superior Energy Services Inc China Oilfield Services Ltd Asian Energy Services Limited

Oilfield Service Market News and Recent Developments

The oilfield service market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the oilfield service market are listed below:

Baker Hughes announced the expansion of the Oilfield services and equipment business in Guyana. Baker Hughes is all set to develop a new supercentre facility in Guyana for oilfield services and equipment. (Source: Baker Hughes, Press Release, February 2022)
Schlumberger Limited has announced the launch of the Periscope Edge multilayer mapping-while-drilling service. The service provides new measurements and an industry-leading inversion process combined with cloud solutions to deliver accurate geo steering in reservoirs while drilling. (Source: Schlumberger Limited, Press Release, August 2021)

Oilfield Service Market Report Coverage and Deliverables

The “Oilfield Service Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

Oilfield service market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Oilfield service market trends as well as market dynamics such as drivers, restraints, and key opportunities
Detailed PEST and SWOT analysis
Oilfield service market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the oilfield service market
Detailed company profiles