Oilfield Services Market Worth $291.8 Billion by 2019 - New Report by MarketsandMarkets

This report includes major oilfield services market includes pressure pumping, OCTG, wireline services, drilling & completion fluids, well intervention, completion equipment, and others (http://www.marketsandmarkets.com/Market-Reports/oilfield-services-market-263907746.html).

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friendRepost This
MarketsandMarkets

MarketsandMarkets

Key Players in the market are Halliburton, Baker Hughes, Schlumberger, and Weatherford, Superior Energy Services, Inc., Nabors Industries Ltd.

(PRWEB) May 19, 2014

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” defines and segments the oilfield servicesmarket with the analysis and forecast of the global revenue.

Browse 86 market data Tables and 23 Figures spread through 240 Pages and in-depth TOC on "Oilfield Services Market - Global Trends and forecasts to 2019"
http://www.marketsandmarkets.com/Market-Reports/oilfield-services-market-263907746.html
Early buyers will receive 10% customization on this report.

Download PDF Sample Today!
http://www.marketsandmarkets.com/pdfdownload.asp?id=263907746

The oilfield services market 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.

The major drivers for the oilfield services market are the increase in the exploration and production rate,recoverable reserves, and the energy strategy shift through gas and energy security by domestic supply. North America holds a major market share in the global oilfield services market.The research and development initiatives by oilfield service companies and the rise in oil prices have assisted the oilfield services market to grow to this level.

The market has been estimated from the demand side. This report breaks the market into smaller service segments. In order to provide a deeper understanding of the competitive landscape, this report profiles 10 companies in the pressure pumping market.

Global oilfield services market will grow from an estimated value 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 services market with a share of nearly 52%,in terms of revenue,by the end of 2014.

Request for Customization of Report @ http://www.marketsandmarkets.com/requestCustomization.asp?id=263907746

Browse related reports

Drilling Fluids (Drilling Mud) Market & Completion Fluids Market: by Types (Water-Based Systems, Oil-Based Systems, Synthetic-Based Systems, Other Based Systems), Application Areas (Onshore and Offshore) & Geography - Forecast to 2018
http://www.marketsandmarkets.com/Market-Reports/drilling-completion-fluids-market-1241.html

Coiled Tubing Market by Services [Well Intervention (Well Completion & Well Cleaning) & Drilling], Active Fleet & By Geography - Global Trends & Forecasts to 2018
http://www.marketsandmarkets.com/Market-Reports/coiled-tubing-market-804.html

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales(at)marketsandmarkets(dot)com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/energy-and-power
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets


Contact

Follow us on: Contact's Google Plus