Insights & Forecast with Potential Impact of COVID-19 - Oilfield Services Market 2019-2023 | Rise in Unconventional Oil and Gas Resources to Boost Growth | Technavio

Technavio has been monitoring the oilfield services market and it is poised to grow by USD 21.07 billion during 2019-2023, progressing at a CAGR of over 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Oilfield Services Market 2019-2023 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report of 2020-2024 on COVID-19 Impact

The market is highly fragmented, and the degree of fragmentation will accelerate during the forecast period. Baker Hughes, Halliburton, National Oilwell Varco, Schlumberger, and Weatherford are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The rise in unconventional oil and gas resources has been instrumental in driving the growth of the market.

Oilfield Services Market 2019-2023: Segmentation

Oilfield Services Market is segmented as below:

• Application
  • Onshore
  • Offshore
• Geographic Landscape
  • The Americas
  • APAC
  • EMEA

To learn more about the global trends impacting the future of market research, download latest free sample report of 2020-2024: https://www.technavio.com/talk-to-us?report=IRTNTR30545

Oilfield Services Market 2019-2023 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our oilfield services market report covers the following areas:

• Oilfield Services Market size
• Oilfield Services Market trends
• Oilfield Services Market analysis

This study identifies technological innovations to drive productivity in oilfield services market as one of the prime reasons driving the oilfield services market growth during the next few years.

Oilfield Services Market 2019-2023: Vendor Analysis

We provide a detailed analysis of vendors operating in the oilfield services market, including some of the vendors such as Baker Hughes, Halliburton, National Oilwell Varco, Schlumberger, and Weatherford. Backed with competitive intelligence and benchmarking, our research reports on the oilfield services market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Oilfield Services Market 2019-2023: Key Highlights

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will assist oilfield services market growth during the next five years
• Estimation of the oilfield services market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the oilfield services market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of oilfield services market vendors

Table Of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Preface
• 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

• Market segmentation by application
• Comparison by application
• Onshore - Market size and forecast 2018-2023
• Offshore - Market size and forecast 2018-2023
• Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• Americas - Market size and forecast 2018-2023
• EMEA - Market size and forecast 2018-2023
• APAC - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 10: MARKET TRENDS

PART 11: VENDOR LANDSCAPE

• Overview
• Landscape disruption

PART 12: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Baker Hughes
• Halliburton
• National Oilwell Varco
• Schlumberger
• Weatherford

PART 13: APPENDIX

• Research methodology
• List of abbreviations

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View source version on businesswire.com: https://www.businesswire.com/news/home/20200629005595/en/