Oil and Gas Logistics Market in EMEA: Key Findings
- Oil and gas logistics market value in EMEA to grow by USD 383.91 million at almost 2% CAGR during 2021-2025
- Based on the transportation, the pipeline segment will offer maximum opportunities for vendors during the forecast period
- Based on the Geography, Middle East dominated the market with a 47% share in 2020
- Oil and gas logistics market in EMEA is expected to have a negative impact due to the spread of COVID-19
Oil and Gas Logistics Market in EMEA: Growth Drivers
The growing crude oil production in EMEA is one of the prime factors driving the growth of the market. Over the years, the production of oil and gas in countries such as Iraq, Iran, the UAE, Kuwait, Qatar, and Oman has increased significantly owing to the growing global demand for energy. The growth in the production of oil and gas has necessitated the need for efficient logistics solutions to cater to the growing demand. This is one of the key factors driving the growth of the market.
"The adoption of new oil and gas pipeline transportation monitoring technologies will further boost market growth during the forecast period", says a senior analyst at Technavio.
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Oil and Gas Logistics Market in EMEA: Major Vendors
Achilles Information Ltd.
Achilles Information Ltd. operates its business through the Unified segment. The company offers services such as regional search of suppliers, IOGP complaint audit and validation.
Agility Public Warehousing Company KSCP
Agility Public Warehousing Company KSCP operates its business through segments such as Logistics and related services and Infrastructure. The company offers services such as emote fuel logistics, fuel storage facilities for aviation and ground fuels in remote and hostile locations.
BDP International Inc.
BDP International Inc. operates its business through the Unified segment. The company offers services like 24 hour site marshaling, customs clearance.
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About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
Jesse Maida
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Email: [email protected]
Website: www.technavio.com/
Report: www.technavio.com/report/oil-and-gas-logistics-market-in-emea-industry-analysis
SOURCE Technavio
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