Irving, TX (PRWEB) February 21, 2013
The global oil and gas field equipment and infrastructure industry is a segment of the global oil and gas field equipment and services industry. Both industries, which have witnessed high growth in recent years, are expected to continue their growth momentum. The oil and gas field equipment and infrastructure industry is estimated to reach $202.4 billion by 2017, growing at a CAGR of 8.3%.
Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis of the global oil and gas field equipment and infrastructure industry and presents its findings in “Top Five Global Oil and Gas Field Equipment and Infrastructure Companies 2012-2017: Trend, Profit and Forecast Analysis.” This report briefly discusses the subject companies, their geographic footprints, financial metrics, market performance, marketing and corporate strategies, and provides a SWOT analysis of each.
The industry has encountered serious threats from domestic and international regulations along with political and environmental matters. Due to various rules and regulation compliance issues, companies in the industry have had to incur additional expenses. Rapid declines in cash reserves of the industry due to increased capital expenditure and increased payables have affected the industry in financing its operations.
Lucintel’s energy research report provides a concise overview of the main drivers of the industry. Rising opportunities in deep-water exploration and production activities, with an expectation of the majority of natural gas and oil production to be from offshore platforms accelerates industry growth. Another reason for growth has been the strategic acquisitions and alliances forged to expand global reach and a product portfolio that caters to the changing demand of the customers.
The report covers the top five global oil and gas field equipment and infrastructure companies:
- Cameron International
- National Oilwell Varco
- Subsea 7
For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, target screening and cost efficiency. To learn more, visit http://www.lucintel.com.
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