Oilfield Equipment Market Opportunity and Forecast 2015 - 2020

Oilfield equipment is used for the extraction of oil and gas from reservoirs as well as for the extraction of unconventional gas resources. Based on product type, oilfield equipment is classified into four: drilling equipment, field production machinery, pumps and valves, and others.

Technavio's analysts forecast the global oilfield equipment market to grow at a CAGR of 2.7% in terms of revenue over the period 204-2019.

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Covered in this report

The report covers the current scenario and the growth prospects of the global oilfield equipment market for the period of 2015-2019. To calculate the market size, the report considers revenue generated through the sale of oilfield equipment.

Technavio's report, Global Oilfield Equipment Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global oilfield equipment market and its growth prospects in the coming years. The report includes a discussion of the Key vendorsoperating in this market.

Key vendors

Americas

APAC

EMEA

Key vendors

Aker Solution

FMC Technologies

Halliburton

National Oilwell Varco

Schlumberger

Weatherford International

Other prominent vendros

Amik

Cameron International

Eniprom

Russel Oil Equipment

Market driver

Rise in oil and gas drilling activities

For a full, detailed list, view our report

Market challenge

High capital investment

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Market trend

Growing number of mergers and acquisitions

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Key questions answered in this report

What will the market size be in 2019 and what will the growth rate be?

What are the key Market trends?

What is driving this market?

What are the challenges to market growth?

Who are the Key vendorsin this...