DUBLIN, Oct. 22, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/n2fzcj/global_oilfield) has announced the addition of the "Global Oilfield Equipment Market 2015-2019" report to their offering.
The report, Global Oilfield Equipment Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global oilfield equipment market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
The report covers the current scenario and the growth prospects of the global oilfield equipment market for the period of 2015-2019. To calculate the market size, the report considers revenue generated through the sale of oilfield equipment.
The global oilfield equipment market is seeing a number of M&A. Market conditions are extremely favorable for larger oil firms to acquire smaller companies. Large players such as Haliburton, Schlumberger, Cameron International, and National Oilwell Varco have acquired smaller companies to expand their market footprint. The increasing number of M&A should have a positive impact on market growth.
According to the report, the production from conventional oil and gas reserves is declining, in response to which explorers are shifting their focus to tougher and complex hydrocarbon reserves such as oil sands, heavy crudes, shale oil, and bitumen, among others. As these resources cannot be easily recovered through conventional drilling methods, IOR is implemented relatively early in these reservoirs.
Further, the report states that the high capital costs of oilfield equipment may negatively affect the market, especially in low-oil-price scenarios.
- Aker Solution- FMC Technologies- Halliburton- National Oilwell Varco- Schlumberger- Weatherford International
Other prominent vendors
- Cameron International
- Russel Oil Equipment
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Key vendor analysis
Part 15: Appendix
For more information visit http://www.researchandmarkets.com/research/n2fzcj/global_oilfield
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SOURCE Research and Markets