About Oilfield Equipment Rental The rental oilfield equipment is basically used for extraction of oil and gas from the reservoirs. End-users take such equipment on a rental basis to reduce the capital cost incurred.
Technavio’s analysts forecast the global oilfield equipment rental market to grow at a CAGR of 4.76% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global oilfield equipment rental market for 2017-2021. To calculate the market size, the report considers the revenue generated from the new shipments in the market.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Oilfield Equipment Rental Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors - AOS ORWELL - Basic Energy Services - FMC Technologies - IOT GROUP - Key Energy Services - Knight Oil Tools - Oil States International - Parker Drilling - RPC - Superior Energy Services
Market driver - Development of unconventional oil and gas resources/hydrocarbon exploration - For a full, detailed list, view our report
Market challenge - Global downturn in oil industry and crude oil prices - For a full, detailed list, view our report
Market trend - Emerging offshore opportunities - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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