The global Oilfield Services market was valued at US$ 211780 million in 2022 and is projected to reach US$ 327200 million by 2029, at a CAGR of 6.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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The oilfield services (or OFS) industry refers to all products and services associated with the oil and gas exploration and production process, include many technology-based services that are vital for successful field operations. Such services include locating energy sources, energy data management, drilling and formation evaluation, geological sciences, and many others.
This report aims to provide a comprehensive presentation of the global market for Oilfield Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Oilfield Services.
This report contains market size and forecasts of Oilfield Services in global, including the following market information:
- Global Oilfield Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global top five companies in 2022 (%)
Global Oilfield Services key players include Schlumberger, Halliburton, TechnipFMC, Baker Hughes (GE), Saipem, etc. Global top five manufacturers hold a share about 35%.
North America is the largest market, with a share over 35%, followed by Asia-Pacific and Europe, both have a share about 40 percent.
In terms of product, Drilling Services is the largest segment, with a share about 40%. And in terms of application, the largest application is Onshore, followed by Cereals and Offshore.
We surveyed the Oilfield Services 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 Oilfield Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Oilfield Services Market Segment Percentages, by Type, 2022 (%)
- Drilling Services
- Workover & Completion Services
- Production Services
- Processing & Separation Services
- Geophysical Services
Global Oilfield Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Oilfield Services Market Segment Percentages, by Application, 2022 (%)
- Onshore
- Offshore
Global Oilfield Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Oilfield Services Market Segment Percentages, By Region and Country, 2022 (%)
- 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 Oilfield Services revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Oilfield Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Schlumberger
- Halliburton
- Baker Hughes (GE)
- Weatherford
- National Oilwell Varco
- TechnipFMC
- COSL
- Archer
- Expro
- Trican Well Service
- Basic Energy Services
- Nabors
- Pioneer Energy Services
- Saipem
- Patterson-UTI
- Liberty Oilfield Services
- Helmerich & Payne
- Calfrac Well Services
- Key Energy Services
- Welltec
- Transocean
- Petrofrac
- RPC
- AlMansoori
- ADES
- Eurasia Drilling
- KCA Deutag
- NexTier Oilfield Solutions
Outline of Major Chapters:
Chapter 1: Introduces the definition of Oilfield Services, market overview.
Chapter 2: Global Oilfield Services market size in revenue.
Chapter 3: Detailed analysis of Oilfield Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Oilfield Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports
1.1 Oilfield Services Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Oilfield Services Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Oilfield Services Overall Market Size
2.1 Global Oilfield Services Market Size: 2022 VS 2029
2.2 Global Oilfield Services Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Oilfield Services Players in Global Market
3.2 Top Global Oilfield Services Companies Ranked by Revenue
3.3 Global Oilfield Services Revenue by Companies
3.4 Top 3 and Top 5 Oilfield Services Companies in Global Market, by Revenue in 2022
3.5 Global Companies Oilfield Services Product Type
3.6 Tier 1, Tier 2 and Tier 3 Oilfield Services Players in Global Market
3.6.1 List of Global Tier 1 Oilfield Services Companies
3.6.2 List of Global Tier 2 and Tier 3 Oilfield Services Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Oilfield Services Market Size Markets,
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