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Oil Field Services-Global Market Insights and Sales Trends 2025
Synopsis
Oilfield Services is a kind of services for drilling, workover, and production completion services in the oil and gas industry.
The global Oil Field Services market size is expected to reach US$ 106080 million by 2029, growing at a CAGR of 2.7% from 2023 to 2029. The market is mainly driven by the significant applications of Oil Field Services in various end use industries. The expanding demands from the Onshore and Offshore, are propelling Oil Field Services market. Well Completion Equipment & Services, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Drilling & Completion Fluids Services segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Oil Field Services market, driven by demand from China, the second largest economy with some signs of stabilising, the Oil Field Services market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Oil Field Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Oil Field Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Oil Field Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Oil Field Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Oil Field Services covered in this report include Halliburton, Schlumberger, Weatherford International, Abbot Group, Superior Energy Services, National OilWell Varco, COSL, Acteon and Aker Solutions, etc.
The global Oil Field Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Halliburton
Schlumberger
Weatherford International
Abbot Group
Superior Energy Services
National OilWell Varco
COSL
Acteon
Aker Solutions
Baker Hughes
Cyntech
Ensco plc
Fluor Corporation
Hytera
Nabors Industries
Siemens
Global Oil Field Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Oil Field Services market, Segment by Type:
Well Completion Equipment & Services
Drilling & Completion Fluids Services
Drilling Waste Management Services
Oil Country Tubular Goods
Pressure Pumping Services
Well Intervention
Wireline Services
Global Oil Field Services market, by Application
Onshore
Offshore
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Oil Field Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Oilfield Services is a kind of services for drilling, workover, and production completion services in the oil and gas industry.
The global Oil Field Services market size is expected to reach US$ 106080 million by 2029, growing at a CAGR of 2.7% from 2023 to 2029. The market is mainly driven by the significant applications of Oil Field Services in various end use industries. The expanding demands from the Onshore and Offshore, are propelling Oil Field Services market. Well Completion Equipment & Services, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Drilling & Completion Fluids Services segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Oil Field Services market, driven by demand from China, the second largest economy with some signs of stabilising, the Oil Field Services market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Oil Field Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Oil Field Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Oil Field Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Oil Field Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Oil Field Services covered in this report include Halliburton, Schlumberger, Weatherford International, Abbot Group, Superior Energy Services, National OilWell Varco, COSL, Acteon and Aker Solutions, etc.
The global Oil Field Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Halliburton
Schlumberger
Weatherford International
Abbot Group
Superior Energy Services
National OilWell Varco
COSL
Acteon
Aker Solutions
Baker Hughes
Cyntech
Ensco plc
Fluor Corporation
Hytera
Nabors Industries
Siemens
Global Oil Field Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Oil Field Services market, Segment by Type:
Well Completion Equipment & Services
Drilling & Completion Fluids Services
Drilling Waste Management Services
Oil Country Tubular Goods
Pressure Pumping Services
Well Intervention
Wireline Services
Global Oil Field Services market, by Application
Onshore
Offshore
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Oil Field Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Oil Field Services
1.1 Oil Field Services Market Overview
1.1.1 Oil Field Services Product Scope
1.1.2 Oil Field Services Market Status and Outlook
1.2 Global Oil Field Services Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Oil Field Services Market Size by Region (2018-2029)
1.4 Global Oil Field Services Historic Market Size by Region (2018-2023)
1.5 Global Oil Field Services Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Oil Field Services Market Size (2018-2029)
1.6.1 North America Oil Field Services Market Size (2018-2029)
1.6.2 Europe Oil Field Services Market Size (2018-2029)
1.6.3 Asia-Pacific Oil Field Services Market Size (2018-2029)
1.6.4 Latin America Oil Field Services Market Size (2018-2029)
1.6.5 Middle East & Africa Oil Field Services Market Size (2018-2029)
2 Oil Field Services Market by Type
2.1 Introduction
2.1.1 Well Completion Equipment & Services
2.1.2 Drilling & Completion Fluids Services
2.1.3 Drilling Waste Management Services
2.1.4 Oil Country Tubular Goods
2.1.5 Pressure Pumping Services
2.1.6 Well Intervention
2.1.7 Wireline Services
2.2 Global Oil Field Services Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Oil Field Services Historic Market Size by Type (2018-2023)
2.2.2 Global Oil Field Services Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Oil Field Services Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Oil Field Services Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Oil Field Services Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Oil Field Services Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Oil Field Services Revenue Breakdown by Type (2018-2029)
3 Oil Field Services Market Overview by Application
3.1 Introduction
3.1.1 Onshore
3.1.2 Offshore
3.2 Global Oil Field Services Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Oil Field Services Historic Market Size by Application (2018-2023)
3.2.2 Global Oil Field Services Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Oil Field Services Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Oil Field Services Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Oil Field Services Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Oil Field Services Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Oil Field Services Revenue Breakdown by Application (2018-2029)
4 Oil Field Services Competition Analysis by Players
4.1 Global Oil Field Services Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Oil Field Services as of 2022)
4.3 Date of Key Players Enter into Oil Field Services Market
4.4 Global Top Players Oil Field Services Headquarters and Area Served
4.5 Key Players Oil Field Services Product Solution and Service
4.6 Competitive Status
4.6.1 Oil Field Services Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Halliburton
5.1.1 Halliburton Profile
5.1.2 Halliburton Main Business
5.1.3 Halliburton Oil Field Services Products, Services and Solutions
5.1.4 Halliburton Oil Field Services Revenue (US$ Million) & (2018-2023)
5.1.5 Halliburton Recent Developments
5.2 Schlumberger
5.2.1 Schlumberger Profile
5.2.2 Schlumberger Main Business
5.2.3 Schlumberger Oil Field Services Products, Services and Solutions
5.2.4 Schlumberger Oil Field Services Revenue (US$ Million) & (2018-2023)
5.2.5 Schlumberger Recent Developments
5.3 Weatherford International
5.3.1 Weatherford International Profile
5.3.2 Weatherford International Main Business
5.3.3 Weatherford International Oil Field Services Products, Services and Solutions
5.3.4 Weatherford International Oil Field Services Revenue (US$ Million) & (2018-2023)
5.3.5 Abbot Group Recent Developments
5.4 Abbot Group
5.4.1 Abbot Group Profile
5.4.2 Abbot Group Main Business
5.4.3 Abbot Group Oil Field Services Products, Services and Solutions
5.4.4 Abbot Group Oil Field Services Revenue (US$ Million) & (2018-2023)
5.4.5 Abbot Group Recent Developments
5.5 Superior Energy Services
5.5.1 Superior Energy Services Profile
5.5.2 Superior Energy Services Main Business
5.5.3 Superior Energy Services Oil Field Services Products, Services and Solutions
5.5.4 Superior Energy Services Oil Field Services Revenue (US$ Million) & (2018-2023)
5.5.5 Superior Energy Services Recent Developments
5.6 National OilWell Varco
5.6.1 National OilWell Varco Profile
5.6.2 National OilWell Varco Main Business
5.6.3 National OilWell Varco Oil Field Services Products, Services and Solutions
5.6.4 National OilWell Varco Oil Field Services Revenue (US$ Million) & (2018-2023)
5.6.5 National OilWell Varco Recent Developments
5.7 COSL
5.7.1 COSL Profile
5.7.2 COSL Main Business
5.7.3 COSL Oil Field Services Products, Services and Solutions
5.7.4 COSL Oil Field Services Revenue (US$ Million) & (2018-2023)
5.7.5 COSL Recent Developments
5.8 Acteon
5.8.1 Acteon Profile
5.8.2 Acteon Main Business
5.8.3 Acteon Oil Field Services Products, Services and Solutions
5.8.4 Acteon Oil Field Services Revenue (US$ Million) & (2018-2023)
5.8.5 Acteon Recent Developments
5.9 Aker Solutions
5.9.1 Aker Solutions Profile
5.9.2 Aker Solutions Main Business
5.9.3 Aker Solutions Oil Field Services Products, Services and Solutions
5.9.4 Aker Solutions Oil Field Services Revenue (US$ Million) & (2018-2023)
5.9.5 Aker Solutions Recent Developments
5.10 Baker Hughes
5.10.1 Baker Hughes Profile
5.10.2 Baker Hughes Main Business
5.10.3 Baker Hughes Oil Field Services Products, Services and Solutions
5.10.4 Baker Hughes Oil Field Services Revenue (US$ Million) & (2018-2023)
5.10.5 Baker Hughes Recent Developments
5.11 Cyntech
5.11.1 Cyntech Profile
5.11.2 Cyntech Main Business
5.11.3 Cyntech Oil Field Services Products, Services and Solutions
5.11.4 Cyntech Oil Field Services Revenue (US$ Million) & (2018-2023)
5.11.5 Cyntech Recent Developments
5.12 Ensco plc
5.12.1 Ensco plc Profile
5.12.2 Ensco plc Main Business
5.12.3 Ensco plc Oil Field Services Products, Services and Solutions
5.12.4 Ensco plc Oil Field Services Revenue (US$ Million) & (2018-2023)
5.12.5 Ensco plc Recent Developments
5.13 Fluor Corporation
5.13.1 Fluor Corporation Profile
5.13.2 Fluor Corporation Main Business
5.13.3 Fluor Corporation Oil Field Services Products, Services and Solutions
5.13.4 Fluor Corporation Oil Field Services Revenue (US$ Million) & (2018-2023)
5.13.5 Fluor Corporation Recent Developments
5.14 Hytera
5.14.1 Hytera Profile
5.14.2 Hytera Main Business
5.14.3 Hytera Oil Field Services Products, Services and Solutions
5.14.4 Hytera Oil Field Services Revenue (US$ Million) & (2018-2023)
5.14.5 Hytera Recent Developments
5.15 Nabors Industries
5.15.1 Nabors Industries Profile
5.15.2 Nabors Industries Main Business
5.15.3 Nabors Industries Oil Field Services Products, Services and Solutions
5.15.4 Nabors Industries Oil Field Services Revenue (US$ Million) & (2018-2023)
5.15.5 Nabors Industries Recent Developments
5.16 Siemens
5.16.1 Siemens Profile
5.16.2 Siemens Main Business
5.16.3 Siemens Oil Field Services Products, Services and Solutions
5.16.4 Siemens Oil Field Services Revenue (US$ Million) & (2018-2023)
5.16.5 Siemens Recent Developments
6 North America
6.1 North America Oil Field Services Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Oil Field Services Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Oil Field Services Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Oil Field Services Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Oil Field Services Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Oil Field Services Market Dynamics
11.1 Oil Field Services Industry Trends
11.2 Oil Field Services Market Drivers
11.3 Oil Field Services Market Challenges
11.4 Oil Field Services Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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