Dallas, Texas (PRWEB) July 05, 2014
The decreased investment in in-house production units by major integrated oil and gas vendors is one such trend. The market players are decreasing their in-house investment as they can rent out the oilfield equipment with desired customization, which reduces the capital costs for any project.
Analysts forecast the Global Oilfield Equipment Rental market will grow at a CAGR of 14.5 percent over the period 2014-2018. According to the report, the increased oil and gas drilling activities across the globe is one of the main drivers in the market. The drilling activities have increased the demand for rental oilfield equipment, which is expected to propel the growth of the market during the forecast period.
This report covers the present scenario and the growth prospects of the Global Oilfield Equipment Rental market for the period 2014-2018. The Global Oilfield Equipment Rental market can be segmented into three product divisions: Drilling Equipment, Pressure and Control Valve, and Other Equipment.
Global Oilfield Equipment Rental Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Oilfield Equipment Rental market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in Global Oilfield Equipment Rental Market: Chesapeake Oilfield Services Llc , Halliburton Co., Precision Drilling Corp., Schlumberger Ltd., Superior Energy Services Inc., Weatherford International Ltd., Aos Orwell Ltd., Basic Energy Services Inc., EnsignEnergy Services Inc., Fmc Technologies Inc., Greene’s Energy Group, Independent Oil Tools AS, Key Energy Services , Knight Oil Tool Inc., Oil States International Inc., Parker Drilling Co., RPC, Inc. , SavannaEnergy Services Corp., Tasman Oil Tools Pty Ltd, Western Energy Services Corp.
Purcahse report at http://www.sandlerresearch.org/purchase?rname=19188.
Key Market Driver
- Increasing Oil and Gas Drilling Activities
Key Market Challenge
- Variation in Demand by the End-user
Key Market Trend
- Decreasing Investment in In-house Production Units
Further, the report states that the variation in demand from end-users is one of the major challenges faced by the market. The demand varies from one oilfield to another; this variation can be in terms of size and shape of equipment.
Key Questions Answered in this Report
- What will the market size be in 2018 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 vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Table of Contents
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.3 Five Forces Analysis
07. Market Segmentation by Product
08. Geographical Segmentation
09. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
33 - List of Exhibits
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