Market Assessment of Petroleum Services and Technology Providers

Pune, July 28, 2022 (GLOBE NEWSWIRE) — Oil services market from Vendor Assessment, Technology Assessment, Partner and Customer Ecosystem, Type/Solution, Service, Organization Size, End-Use Verticals and Region – Global Oilfield Services Market Forecast to 2030 Published by Market Data Center, The oil services market is expected to grow at a solid rate during the forecast period. The presence of key players in the ecosystem has led to a competitive and diverse market. Advancement of digital transformation initiatives across multiple industries is expected to drive the global oilfield services market during the study period.

This analysis of COVID-19 in the report includes the IMPACT of COVID-19 on production and, demand, the supply chain. This report provides detailed historical analysis of the global oilfield services market from 2017 to 2021, and provides extensive market forecasts from 2022 to 2030 by region/country and subsectors. The report covers the revenue, sales volume, price, historical growth and future prospects of the Petroleum Services market.

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Regional Analysis:

On the basis of geography, the global oilfield services market is segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). North America is expected to hold a significant share in the global oil services market. Owing to the increasing investment for the research and development process and adoption of solutions in the region, Asia Pacific is expected to grow at a faster rate during the forecast period.

The growing number of players in the petroleum services market in the regions is expected to drive the market growth further. Additionally, increasing investment by prominent vendors in product capabilities and business expansion is expected to fuel the market during the study period. Many market players are finding lucrative opportunities in emerging economies such as China and India, where large populations are coupled with new innovations in multiple industries.

List of Companies Included in the Oilfield Services Market Report:

Baker Hughes GE, Halliburton Company, Weatherford International, Plc, China Oilfield Services Limited (COSL), Basic Energy Services, Superior Energy Services, Inc., FMC Technologies, Inc., Welltec, Weir Oil & Gas, National Oilwell Varco, Oil States International, Inc., among others.

Market value Technology assessment Supplier rating
Market dynamics Key innovations Product breadth and capabilities
Trends and challenges Adoption trends and challenges Technological architecture
Guides and Limiters Deployment trends Competitive differentiation
Regional and industrial dynamics Industrial applications Cost/performance analysis
Regulations and Compliance Last update Strategy and vision

In deep ToC includes

233 – Tables

45 – Figures

300 – Pages

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1.1. Market definition
1.2. Market segmentation
1.3. Geographical scope
1.4. Years covered: Historical years – 2017 & 2020; Base year – 2021; Forecast years – 2022 to 2030
1.5. Currency used
2.1. Research framework
2.2. Data collection technique
2.3. Data Sources
2.3.1. Secondary sources
2.3.2. Primary sources
2.4. Market valuation methodology
2.4.1. A bottom-up approach
2.4.2. Top down approach
2.5. Data validation and triangulation
2.5.1. Market Forecast Model
2.5.2. Study limitations/assumptions
4.1. Review
4.2. Drivers
4.3. Barriers/Challenges
4.4. Opportunities
8.1. Global – Petroleum Services Market Analysis and Forecast, by Region
8.2. Global – Petroleum Services Market Analysis and Forecast, by Segment
8.2.1. North America Petroleum Services Market, by Segment
8.2.2. North America Oilfield Services Market, by Country US Canada
8.2.3. European oil services market, by segment
8.2.4. Oil services market in Europe, by country Germany Great Britain France Rest of Europe (ROE)
8.2.5. Asia-Pacific Petroleum Services Market, by Segment
8.2.6. Asia-Pacific Petroleum Services Market, by Country China Japan India Rest of Asia Pacific (RoAPAC)
8.2.7. Rest of the World (ROW) Oil Services Market, by Segment
8.2.8. Rest of the World (ROW) Oilfield Services Market, by Country Latin America Middle East and Africa

ToC can be modified according to customers’ business requirements*

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Key questions answered in this report:

  • How does our portfolio of products and services compare to leading competitors?
  • What are the key changes in customer demand given the changing economy?
  • What are the new pricing and consumption models in the market and how to arrange our portfolio?
  • What are the key decision drivers for service buyers?
  • How can we speed up our bidding process?
  • What is the potential of the oil services market?
  • What is the impact of COVID-19 on the global oil services market?
  • What are the main strategies companies are adopting in the oilfield services market?
  • What are the challenges faced by SMEs and established providers in the oil services market?
  • Which region has the most investment in the oil services market?
  • What are the latest research and activities in the oil services market?
  • Who are the prominent players in the oilfield services market?
  • What is the potential of the oil services market?

Supplier rating

The supplier assessment includes an in-depth analysis of how suppliers are responding to the demand in the oil services market. The MDC CompetetiveScape model was used to assess qualitative and quantitative insights in this assessment. MDC’s CompetitiveScape is a structured method to identify key players and outline their strengths, relevant characteristics and outreach strategy. MDC’s CompetitiveScape enables organizations to analyze the environmental factors that affect their business, set goals and identify new marketing strategies. MDC Research analysts conduct in-depth research on vendor solutions, services, programs, marketing, organization size, geographic focus, organization type and strategies.

Technology assessment

Technology has a dramatic impact on business productivity, growth and efficiency. Technology can help companies develop competitive advantages, but choosing it can be one of the most demanding decisions for a business. A technology assessment helps organizations understand their current technology situation and provide a roadmap for where they would like to go and grow their business. A well-defined process for evaluating and selecting technology solutions can help organizations reduce risk, achieve goals, identify the problem, and solve it in the right way. A technology assessment can help a business determine which technologies to invest in, meet industry standards, and compete with competitors.

Business ecosystem analysis

Advances in technology and digitization have changed the way companies do business; the business ecosystem concept helps businesses understand how to thrive in this changing environment. Business ecosystems provide organizations with opportunities to integrate technology into their day-to-day business operations and improve research and business competence. A business ecosystem comprises a network of interconnected companies that compete and cooperate to increase sales, improve profitability, and succeed in their markets. Ecosystem analysis is a business network analysis that includes the relationships between suppliers, distributors, and end users in the delivery of a product or service.

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Regions and countries covered

North America (US, Canada), Europe (Germany, UK, France, Spain, Italy and Rest of Europe), Asia Pacific (Japan, China, Australia, India, Rest of Asia Pacific) and Rest part of the world (RoW).

Report coverage

Oilfield Services Market Dynamics, Impact of Covid-19 on Oilfield Services Market, Vendor Profiles, Vendor Assessment, Strategies, Technology Assessment, Product Mapping, Industry Outlook, Economic Analysis, Segment Analysis, Oilfield Services Market Sizing services, analysis tables.

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