The global market for Oilfield Equipment was estimated at US$121.8 Billion in 2023 and is projected to reach US$148.1 Billion by 2030, growing at a CAGR of 2.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
What Constitutes Oilfield Equipment, and Why is it Vital?
Oilfield equipment encompasses the wide array of tools, machinery, and systems used in the exploration, extraction, processing, and transportation of oil and gas. This includes drilling rigs, wellheads, blowout preventers, pumps, compressors, separators, and production tubing, among other critical components. The oil and gas industry relies heavily on these pieces of equipment to conduct safe, efficient, and profitable operations in both onshore and offshore environments. The selection and performance of oilfield equipment are critical for ensuring that wells can be drilled, completed, and produced with minimal downtime and risk. As the industry moves toward more complex and deeper reservoirs, the importance of durable, high-performance equipment has grown significantly, making oilfield equipment a cornerstone of successful oil and gas operations.
How is Technology Driving Innovation in Oilfield Equipment?
Technology is playing a pivotal role in the evolution of oilfield equipment. The advent of automation, digitalization, and IoT-enabled devices has revolutionized how oilfield operations are conducted. Automated drilling systems and robotic rigs are now reducing the need for human intervention in dangerous and remote environments, enhancing safety and operational efficiency. Digital twins - virtual models of physical equipment - are increasingly being used to monitor the real-time performance of oilfield machinery, allowing for predictive maintenance and reducing the risk of unexpected equipment failures. Additionally, advancements in materials science have led to the development of stronger, more corrosion-resistant materials that can withstand extreme pressures and temperatures in harsh environments, such as deepwater and ultra-deepwater fields. Furthermore, the integration of artificial intelligence (AI) and machine learning in oilfield equipment is improving decision-making processes, optimizing drilling and production techniques, and minimizing non-productive time.
What are the Key Applications of Oilfield Equipment?
Oilfield equipment is deployed across the entire value chain of the oil and gas industry, from exploration to production. Drilling equipment, including rigs and drill bits, is used in the initial exploration phase to bore into the earth and access hydrocarbon reserves. During the production phase, wellheads, pumps, and separators are crucial for managing the flow of oil and gas from the well to the surface. In enhanced oil recovery (EOR) processes, specialized equipment such as injectors and compressors are used to maximize hydrocarbon recovery rates. Offshore platforms, which operate in some of the most challenging conditions, rely on advanced oilfield equipment to maintain safety and efficiency. In addition to upstream operations, midstream activities like pipeline transportation and downstream processing also require robust oilfield equipment to ensure the safe and efficient movement and refinement of oil and gas.
What is Driving the Growth in the Oilfield Equipment Market?
The growth in the oilfield equipment market is driven by several factors, including the increasing demand for oil and gas in emerging markets and the shift toward more complex, deeper reservoirs. As energy demand rises globally, oil and gas companies are investing in advanced equipment to maximize production and ensure operational efficiency. The growing adoption of digital technologies, such as IoT, AI, and automation, has further propelled the demand for modernized oilfield equipment that can enhance productivity and safety. Additionally, the rise in shale gas and tight oil exploration, particularly in North America, has driven demand for specialized drilling and completion equipment. Another key driver is the growing emphasis on environmental sustainability, which has led to the development of more efficient and less polluting oilfield machinery. The push toward reducing carbon footprints and complying with stringent environmental regulations has also spurred demand for equipment that can minimize emissions and improve the environmental performance of oilfield operations.
Key Insights:
Market Growth: Understand the significant growth trajectory of the Drilling Equipment segment, which is expected to reach US$99.6 Billion by 2030 with a CAGR of a 3.0%. The Field Production Machinery segment is also set to grow at 2.0% CAGR over the analysis period.
Regional Analysis: Gain insights into the U.S. market, which was valued at $33.0 Billion in 2023, and China, forecasted to grow at an impressive 4.8% CAGR to reach $29.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
Detailed Market Analysis: Access a thorough analysis of the Global Oilfield Equipment Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Oilfield Equipment Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
How is the Global Oilfield Equipment Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?
Report Features:
Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players such as Abbott Oil Services Limited, Aker Solutions ASA, Baker Hughes, a GE company, and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 46 Featured):
Abbott Oil Services Limited
Aker Solutions ASA
Baker Hughes, a GE company
Cameron - Schlumberger
Eni SpA
Halliburton
National Oilwell Varco, Inc.
Schlumberger Ltd.
Transocean Ltd.
Weatherford International Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Global Economic Update
Oilfield Equipment - Global Key Competitors Percentage Market Share in 2024 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Increasing Global Demand for Energy Spurs Growth in Oilfield Equipment Market
Rising Investments in Unconventional Oil and Gas Exploration Drives Demand for Advanced Oilfield Equipment
Technological Innovations in Drilling Technologies Propel Adoption of High-Performance Oilfield Equipment
Focus on Cost Efficiency in Oilfield Operations Strengthens Business Case for Modular and Scalable Equipment
Rising Focus on Environmental Compliance Expands Demand for Eco-Friendly Oilfield Equipment
Global Shale Gas Boom Spurs Growth in Specialized Oilfield Equipment for Hydraulic Fracturing
Growing Complexity of Well Drilling and Completion Processes Accelerates Demand for Customizable Equipment
Technological Integration of Digital Twins in Oilfield Operations Drives Growth in Smart Oilfield Equipment
Increased Focus on Health and Safety Standards Generates Demand for Safer and More Reliable Oilfield Equipment
Technological Advancements in Automation and Robotics Propel Adoption of Autonomous Oilfield Equipment
Expansion of Offshore Exploration Activities Expands Market for Subsea Oilfield Equipment
Rising Demand for Efficient Zonal Isolation Solutions Strengthens Business Case for Advanced Cementing Equipment
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Oilfield Equipment Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
Table 2: World Recent Past, Current & Future Analysis for Oilfield Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 3: World Historic Review for Oilfield Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 4: World 16-Year Perspective for Oilfield Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
Table 5: World Recent Past, Current & Future Analysis for Drilling Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 6: World Historic Review for Drilling Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 7: World 16-Year Perspective for Drilling Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
Table 8: World Recent Past, Current & Future Analysis for Field Production Machinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 9: World Historic Review for Field Production Machinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 10: World 16-Year Perspective for Field Production Machinery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
Table 11: World Recent Past, Current & Future Analysis for Pumps & Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 12: World Historic Review for Pumps & Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 13: World 16-Year Perspective for Pumps & Valves by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
Table 14: World Recent Past, Current & Future Analysis for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 15: World Historic Review for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 16: World 16-Year Perspective for Other Product Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
Table 17: World Recent Past, Current & Future Analysis for On-Shore by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 18: World Historic Review for On-Shore by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 19: World 16-Year Perspective for On-Shore by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
Table 20: World Recent Past, Current & Future Analysis for Off-Shore by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 21: World Historic Review for Off-Shore by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 22: World 16-Year Perspective for Off-Shore by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
Oilfield Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
Table 23: USA Recent Past, Current & Future Analysis for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 24: USA Historic Review for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 25: USA 16-Year Perspective for Oilfield Equipment by Product Type - Percentage Breakdown of Value Sales for Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types for the Years 2014, 2024 & 2030
Table 26: USA Recent Past, Current & Future Analysis for Oilfield Equipment by End-Use - On-Shore and Off-Shore - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 27: USA Historic Review for Oilfield Equipment by End-Use - On-Shore and Off-Shore Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 28: USA 16-Year Perspective for Oilfield Equipment by End-Use - Percentage Breakdown of Value Sales for On-Shore and Off-Shore for the Years 2014, 2024 & 2030
CANADA
Table 29: Canada Recent Past, Current & Future Analysis for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 30: Canada Historic Review for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 31: Canada 16-Year Perspective for Oilfield Equipment by Product Type - Percentage Breakdown of Value Sales for Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types for the Years 2014, 2024 & 2030
Table 32: Canada Recent Past, Current & Future Analysis for Oilfield Equipment by End-Use - On-Shore and Off-Shore - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 33: Canada Historic Review for Oilfield Equipment by End-Use - On-Shore and Off-Shore Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 34: Canada 16-Year Perspective for Oilfield Equipment by End-Use - Percentage Breakdown of Value Sales for On-Shore and Off-Shore for the Years 2014, 2024 & 2030
JAPAN
Oilfield Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
Table 35: Japan Recent Past, Current & Future Analysis for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 36: Japan Historic Review for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 37: Japan 16-Year Perspective for Oilfield Equipment by Product Type - Percentage Breakdown of Value Sales for Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types for the Years 2014, 2024 & 2030
Table 38: Japan Recent Past, Current & Future Analysis for Oilfield Equipment by End-Use - On-Shore and Off-Shore - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 39: Japan Historic Review for Oilfield Equipment by End-Use - On-Shore and Off-Shore Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 40: Japan 16-Year Perspective for Oilfield Equipment by End-Use - Percentage Breakdown of Value Sales for On-Shore and Off-Shore for the Years 2014, 2024 & 2030
CHINA
Oilfield Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
Table 41: China Recent Past, Current & Future Analysis for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 42: China Historic Review for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 43: China 16-Year Perspective for Oilfield Equipment by Product Type - Percentage Breakdown of Value Sales for Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types for the Years 2014, 2024 & 2030
Table 44: China Recent Past, Current & Future Analysis for Oilfield Equipment by End-Use - On-Shore and Off-Shore - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 45: China Historic Review for Oilfield Equipment by End-Use - On-Shore and Off-Shore Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 46: China 16-Year Perspective for Oilfield Equipment by End-Use - Percentage Breakdown of Value Sales for On-Shore and Off-Shore for the Years 2014, 2024 & 2030
EUROPE
Oilfield Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
Table 47: Europe Recent Past, Current & Future Analysis for Oilfield Equipment by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 48: Europe Historic Review for Oilfield Equipment by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 49: Europe 16-Year Perspective for Oilfield Equipment by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2024 & 2030
Table 50: Europe Recent Past, Current & Future Analysis for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 51: Europe Historic Review for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 52: Europe 16-Year Perspective for Oilfield Equipment by Product Type - Percentage Breakdown of Value Sales for Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types for the Years 2014, 2024 & 2030
Table 53: Europe Recent Past, Current & Future Analysis for Oilfield Equipment by End-Use - On-Shore and Off-Shore - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 54: Europe Historic Review for Oilfield Equipment by End-Use - On-Shore and Off-Shore Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 55: Europe 16-Year Perspective for Oilfield Equipment by End-Use - Percentage Breakdown of Value Sales for On-Shore and Off-Shore for the Years 2014, 2024 & 2030
FRANCE
Oilfield Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
Table 56: France Recent Past, Current & Future Analysis for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 57: France Historic Review for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 58: France 16-Year Perspective for Oilfield Equipment by Product Type - Percentage Breakdown of Value Sales for Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types for the Years 2014, 2024 & 2030
Table 59: France Recent Past, Current & Future Analysis for Oilfield Equipment by End-Use - On-Shore and Off-Shore - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 60: France Historic Review for Oilfield Equipment by End-Use - On-Shore and Off-Shore Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 61: France 16-Year Perspective for Oilfield Equipment by End-Use - Percentage Breakdown of Value Sales for On-Shore and Off-Shore for the Years 2014, 2024 & 2030
GERMANY
Oilfield Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
Table 62: Germany Recent Past, Current & Future Analysis for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 63: Germany Historic Review for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 64: Germany 16-Year Perspective for Oilfield Equipment by Product Type - Percentage Breakdown of Value Sales for Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types for the Years 2014, 2024 & 2030
Table 65: Germany Recent Past, Current & Future Analysis for Oilfield Equipment by End-Use - On-Shore and Off-Shore - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 66: Germany Historic Review for Oilfield Equipment by End-Use - On-Shore and Off-Shore Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 67: Germany 16-Year Perspective for Oilfield Equipment by End-Use - Percentage Breakdown of Value Sales for On-Shore and Off-Shore for the Years 2014, 2024 & 2030
ITALY
Table 68: Italy Recent Past, Current & Future Analysis for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 69: Italy Historic Review for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 70: Italy 16-Year Perspective for Oilfield Equipment by Product Type - Percentage Breakdown of Value Sales for Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types for the Years 2014, 2024 & 2030
Table 71: Italy Recent Past, Current & Future Analysis for Oilfield Equipment by End-Use - On-Shore and Off-Shore - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 72: Italy Historic Review for Oilfield Equipment by End-Use - On-Shore and Off-Shore Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 73: Italy 16-Year Perspective for Oilfield Equipment by End-Use - Percentage Breakdown of Value Sales for On-Shore and Off-Shore for the Years 2014, 2024 & 2030
UNITED KINGDOM
Oilfield Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
Table 74: UK Recent Past, Current & Future Analysis for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 75: UK Historic Review for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 76: UK 16-Year Perspective for Oilfield Equipment by Product Type - Percentage Breakdown of Value Sales for Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types for the Years 2014, 2024 & 2030
Table 77: UK Recent Past, Current & Future Analysis for Oilfield Equipment by End-Use - On-Shore and Off-Shore - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 78: UK Historic Review for Oilfield Equipment by End-Use - On-Shore and Off-Shore Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 79: UK 16-Year Perspective for Oilfield Equipment by End-Use - Percentage Breakdown of Value Sales for On-Shore and Off-Shore for the Years 2014, 2024 & 2030
SPAIN
Table 80: Spain Recent Past, Current & Future Analysis for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 81: Spain Historic Review for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 82: Spain 16-Year Perspective for Oilfield Equipment by Product Type - Percentage Breakdown of Value Sales for Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types for the Years 2014, 2024 & 2030
Table 83: Spain Recent Past, Current & Future Analysis for Oilfield Equipment by End-Use - On-Shore and Off-Shore - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 84: Spain Historic Review for Oilfield Equipment by End-Use - On-Shore and Off-Shore Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 85: Spain 16-Year Perspective for Oilfield Equipment by End-Use - Percentage Breakdown of Value Sales for On-Shore and Off-Shore for the Years 2014, 2024 & 2030
RUSSIA
Table 86: Russia Recent Past, Current & Future Analysis for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 87: Russia Historic Review for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 88: Russia 16-Year Perspective for Oilfield Equipment by Product Type - Percentage Breakdown of Value Sales for Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types for the Years 2014, 2024 & 2030
Table 89: Russia Recent Past, Current & Future Analysis for Oilfield Equipment by End-Use - On-Shore and Off-Shore - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 90: Russia Historic Review for Oilfield Equipment by End-Use - On-Shore and Off-Shore Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 91: Russia 16-Year Perspective for Oilfield Equipment by End-Use - Percentage Breakdown of Value Sales for On-Shore and Off-Shore for the Years 2014, 2024 & 2030
REST OF EUROPE
Table 92: Rest of Europe Recent Past, Current & Future Analysis for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 93: Rest of Europe Historic Review for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 94: Rest of Europe 16-Year Perspective for Oilfield Equipment by Product Type - Percentage Breakdown of Value Sales for Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types for the Years 2014, 2024 & 2030
Table 95: Rest of Europe Recent Past, Current & Future Analysis for Oilfield Equipment by End-Use - On-Shore and Off-Shore - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 96: Rest of Europe Historic Review for Oilfield Equipment by End-Use - On-Shore and Off-Shore Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 97: Rest of Europe 16-Year Perspective for Oilfield Equipment by End-Use - Percentage Breakdown of Value Sales for On-Shore and Off-Shore for the Years 2014, 2024 & 2030
ASIA-PACIFIC
Oilfield Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
Table 98: Asia-Pacific Recent Past, Current & Future Analysis for Oilfield Equipment by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 99: Asia-Pacific Historic Review for Oilfield Equipment by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 100: Asia-Pacific 16-Year Perspective for Oilfield Equipment by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2024 & 2030
Table 101: Asia-Pacific Recent Past, Current & Future Analysis for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 102: Asia-Pacific Historic Review for Oilfield Equipment by Product Type - Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 103: Asia-Pacific 16-Year Perspective for Oilfield Equipment by Product Type - Percentage Breakdown of Value Sales for Drilling Equipment, Field Production Machinery, Pumps & Valves and Other Product Types for the Years 2014, 2024 & 2030
Table 104: Asia-Pacific Recent Past, Current & Future Analysis for Oilfield Equipment by End-Use - On-Shore and Off-Shore - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 105: Asia-Pacific Historic Review for Oilfield Equipment by End-Use - On-Shore and Off-Shore Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 106: Asia-Pacific 16-Year Perspective for Oilfield Equipment by End-Use - Percentage Breakdown of Value Sales for On-Shore and Off-Shore for the Years 2014, 2024 & 2030
AUSTRALIA
Oilfield Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
Oilfield Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
Oilfield Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
Oilfield Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
Oilfield Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
The Oilfield Machinery market is a subset of the Oilfield Equipment and Services industry. It includes the production, distribution, and maintenance of machinery used in the exploration and production of oil and gas. This includes drilling rigs, pumps, compressors, and other related equipment. The market is highly competitive, with a wide range of manufacturers and suppliers offering a variety of products and services.
The Oilfield Machinery market is driven by the need for efficient and reliable equipment to meet the demands of the oil and gas industry. Companies must continually innovate and develop new technologies to remain competitive. This includes the use of advanced materials, automation, and digital technologies.
Some of the major players in the Oilfield Machinery market include Schlumberger, Halliburton, Baker Hughes, National Oilwell Varco, Weatherford International, and Cameron International. Show Less Read more
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