Paul Thomen

Monday, 12 May 2014

2019 Oilfield Services Industry Research Report

The report “Oilfield Services Market by Type (Coiled Tubing Services, Completion Equipment & Services, Drilling & Completion Fluids, Drilling Waste Management, OCTG, Pressure Pumping Services, Well Intervention Services and Wireline services), by Geography (Asia-Pacific, Europe, Middle East, Africa, North America and South America) – Global Trends and forecasts to 2019″ by MarketsandMarkets is now available at

The report defines and segments the oilfield services market with the analysis and forecast of the global revenue. The oilfield servicesmarket is likely to grow moderately in the upcoming years. The long-term drivers of the oilfield services market are well known. The relentless depletion of onshore and shallow-water fields havecompelled oil companies to focus on deep-water and unconventional onshore areas where various oilfield services are in demand. Global oilfield servicesmarketwill grow from an estimatedvalue of $166.6billion in 2014 to 291.8 billion in 2019. This value is expected to grow with a CAGR of 11.9% between 2014 and 2019.North America is expected to lead the global oilfield servicesmarket with a share of nearly 52%,in terms of revenue,by the end of 2014.

The oilfield services are required throughout the lifecycle of an oil and gas well. The ever-increasing exploration and production activities across the globe and new areas of unconventional resources are the major driversin the growth of the oilfield services market. In recent times, there have been many developments in terms of offshore and unconventional explorations and production. The increasing world energy demands have pushed the exploration and production companies to push their limits towards unconventional hydrocarbon resources. These E&P activities for unconventional resources, demand oilfield services in order to produce and make the operations economically viable. This presents a good opportunity for players to capitalize on.

To Know more about this report (Source):

Table Of Contents

•    Introduction
•    Executive Summary
•    Premium Insights
•    Market Overview Key Findings
•    Oilfield Services Market, By Type
•    Oilfield Service Market, By Geography
•    Competitive Landscape
•    Company Profiles

Get a sample copy of this report:

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