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Research
Global Oilfield Equipment Market
is growing at a CAGR of 3.8%
from !"3 to !"#. $%
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Global Oilfield Equipment Market is growing at a CAGR of 3.8%
from !"3 to !"#. $% &ransparen'% Market Resear'(.
Transparency Market Research
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73 Page Report
Publise! Date
09"#ul$"%013
&u$ 'o(
Re)uest Sa*ple
Press Release
Global Oilfield Equipment
Market
Global Oilfeld Equipment Market was valued at USD 93.7 billion in !"#3 and is e$pe%ted to
rea%& USD ##7.37 billion in !"#9' (rowin( at a )*G+ o, 3.-. ,rom !"#3 to !"#9.
/rowse t&e ,ull report at &ttp011www.transparen%2marketresear%&.%om1oilfeld3equipment.&tml
4&e demand ,or oilfeld equipments is e$pe%ted to be driven primaril2 b2 t&e risin( oil e$tra%tion
and refnin( a%tivities %oupled wit& in%reasin( re(ional %onsumption and its (rowin( demand
a%ross t&e (lobe. S&i,t towards un%onventional oil felds su%& as s&ale (as &as been drivin( t&e
demand ,or oilfeld equipments in bot& developed e%onomies su%& as t&e U.S. and Europe and in
emer(in( markets su%& as *sia 5a%if% and 6atin *meri%a and t&is trend is e$pe%ted to drive t&e
demand over t&e ,ore%ast period. 7owever' re(ulator2 poli%ies and (eopoliti%al issues are some
o, t&e ma8or %on%erns w&i%& are e$pe%ted to a9e%t t&e oil feld equipments market. On a%%ount
o, su%& issues' t&e world &as been s&i,tin( ,o%us towards t&e use o, renewable ener(2 sour%es
w&i%& is a%tin( as one o, t&e ma8or ,a%tors in&ibitin( t&e market (rowt&.
Drillin( equipments were t&e lar(est market se(ment' a%%ountin( ,or over 7". o, t&e total
oilfeld equipment %onsumption in !"#!. 4&ese equipments are most widel2 used in pier%in( and
borin( into t&e eart& to a%%ess ener(2 resour%es below t&e sur,a%e. *lso' in terms o, demand
(rowt&' drillin( equipments' w&i%& in%lude %omplete drillin( ri(s' ri( %omponents su%& as drill
bits' and oil %ountr2 tubular (oods :O)4G; are e$pe%ted to be t&e ,astest (rowin( se(ment in t&e
overall market wit& an estimated )*G+ o, .#.. 4&e (lobal demand ,or pumps and valves is
e$pe%ted to rea%& USD <.93 billion b2 !"#-.
=ort& *meri%a emer(ed as t&e leadin( %onsumer o, oilfeld equipments and a%%ounted ,or over
". o, t&e (lobal demand in !"#!. U.S. market ,or oilfeld equipment was valued at USD !9.">
billion in !"#! and is e$pe%ted to rea%& USD 3<.<< billion in !"#-' (rowin( at a )*G+ o, 3.9.
,rom !"#! to !"#-. *sia 5a%if% is e$pe%ted to be t&e ,astest (rowin( market ,or oilfeld
equipments' (rowin( at a )*G+ o, .3. ,rom !"#! to !"#-. 4&e (rowt& o, e$ploration and
produ%tion in )&ina' implementation o, li%ensin( biddin( in ?ndia and introdu%tion o, new poli%ies
in ?ndonesia &as been ma8or ,a%tors drivin( market (rowt& in t&e re(ion.
Some o, t&e leadin( %ompanies operatin( in t&e (lobal market in%lude =ational Oilwell @ar%o'
S%&lumber(er' Aeat&er,ord ?nternational' 7alliburton' /aker 7u(&es' )ameron ?nternational' *ker
Solutions' BM) te%&nolo(ies and Eni.
4&e report se(ments t&e (lobal oilfeld equipment market as0
&ransparen'% Market Resear'(
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R+P,R- D+SCR.P-.,'
Global Oilfield
Equipment Market
Oilfeld Equipment Market' b2 5rodu%t
Drillin( Equipments
Bield Ma%&iner2 Equipment
5umps and @alves
Ot&er :in%ludin( Derri%ks' Aell Surve2in( Ma%&iner2 et%.;
Oilfeld Equipment Market' b2 Geo(rap&2
=ort& *meri%a
United States
Drillin( Equipments
Bield Ma%&iner2 Equipment
5umps and @alves
Ot&er :in%ludin( Derri%ks' Aell Surve2in( Ma%&iner2 et%.;
Europe
*sia 5a%if%
Middle East and *,ri%a
6atin *meri%a
Bor Sample +eport @isit On0
&ttp011www.transparen%2marketresear%&.%om1sample1sample.p&pCDa(ESFrepGidE#3#!
&ransparen'% Market Resear'(
3
Global Oilfield
Equipment Market
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