The global oilfield equipment market size was USD 20.65 billion in 2022 and is expected to register a revenue CAGR of 3.9% during the forecast period. Increasing shale gas extraction, technological advancements in oilfield equipment, and redevelopment of mature oil wells are some of the major factors driving the oilfield equipment market revenue growth.
The Oilfield Equipment market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Oilfield Equipment market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Oilfield Equipment market.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Oilfield Equipment market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
SLB, Halliburton, LUFKIN, ABB, TechnipFMC plc, Baker Hughes Company, Weatherford, Aker Solutions, NOV Inc., Delta Corporation, TRANSOCEAN LTD., EthosEnergy, UZTEL S.A., and The Weir Group PLC
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Emergen Research has segmented the global Oilfield Equipment market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
The various regions analyzed in the report include:
Key Objectives of the Report:
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