Oilfield Services Market Size, Share, Trends, Growth and Forecast 2032

Oilfield Services Market

Oilfield Services Market By Service (Production Services, Drilling Services, Subsea Services, Seismic Services, Workover and Completion Services, Processing and Separation Services, and Others), By Type (Field Operation, Equipment Rental and Analytical and Consulting Services), By Application (Onshore and Offshore), and By Region: Global Industry Perspective, Comprehensive Analysis And Forecast, 2024 - 2032

Category: Energy & Mining Report Format : PDF Pages: 167 Report Code: ZMR-2087 Published Date: Nov-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 112.35 Billion USD 184.09 Billion 5.64% 2023

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Service Type
        • 2.1.1.2. Market Attractiveness Analysis, By Application
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Oilfield Services Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Oilfield Services Market – Service Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Service Type, 2020 & 2028
    • 4.2. Pressure Pumping Services
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Oil Country Tubular Goods
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Wireline Services
      • 4.4.1. Market Size and Forecast, By Region (USD Billion)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.5. Well Completion Equipment & Services
      • 4.5.1. Market Size and Forecast, By Region (USD Billion)
      • 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.6. Well Intervention Services
      • 4.6.1. Market Size and Forecast, By Region (USD Billion)
      • 4.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.7. Drilling & Completion Fluid Services
      • 4.7.1. Market Size and Forecast, By Region (USD Billion)
      • 4.7.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.7.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.8. Coiled Tubing Services
      • 4.8.1. Market Size and Forecast, By Region (USD Billion)
      • 4.8.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.8.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Oilfield Services Market – Application Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Application Type, 2020 & 2028
    • 5.2. Offshore
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Onshore
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6 Plant Factory Grow Market – Region Segment Analysis
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.2.2. North America Market Revenue, By Service Type, 2016 – 2028
      • 6.2.3. North America Market Revenue, By Application, 2016 – 2028
      • 6.2.5. U.S.
        • 6.2.5.1. U.S. Market Revenue, By Service Type, 2016 – 2028
        • 6.2.5.2. U.S. Market Revenue, By Application, 2016 – 2028
      • 6.2.6. Canada
        • 6.2.6.1. Canada Market Revenue, By Service Type, 2016 – 2028
        • 6.2.6.2. Canada Market Revenue, By Application, 2016 – 2028
      • 6.2.7. Mexico
        • 6.2.7.1. Mexico Market Revenue, By Service Type, 2016 – 2028
        • 6.2.7.2. Mexico Market Revenue, By Application, 2016 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.3.2. Europe Market Revenue, By Service Type, 2016 – 2028
      • 6.3.3. Europe Market Revenue, By Application, 2016 – 2028
      • 6.3.5. Germany
        • 6.3.5.1. Germany Market Revenue, By Service Type, 2016 – 2028
        • 6.3.5.2. Germany Market Revenue, By Application, 2016 – 2028
      • 6.3.6. France
        • 6.3.6.1. France Market Revenue, By Service Type, 2016 – 2028
        • 6.3.6.2. France Market Revenue, By Application, 2016 – 2028
      • 6.3.7. U.K.
        • 6.3.7.1. U.K. Market Revenue, By Service Type, 2016 – 2028
        • 6.3.7.2. U.K. Market Revenue, By Application, 2016 – 2028
      • 6.3.8. Italy
        • 6.3.8.1. Italy Market Revenue, By Service Type, 2016 – 2028
        • 6.3.8.2. Italy Market Revenue, By Application, 2016 – 2028
      • 6.3.9. Spain
        • 6.3.9.1. Spain Market Revenue, By Service Type, 2016 – 2028
        • 6.3.9.2. Spain Market Revenue, By Application, 2016 – 2028
      • 6.3.10. Rest of Europe
        • 6.3.10.1. Rest of Europe Market Revenue, By Service Type, 2016 – 2028
        • 6.3.10.2. Rest of Europe Market Revenue, By Application, 2016 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.4.2. Asia Pacific Market Revenue, By Service Type, 2016 – 2028
      • 6.4.3. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 6.4.5. China
        • 6.4.5.1. China Market Revenue, By Service Type, 2016 – 2028
        • 6.4.5.2. China Market Revenue, By Application, 2016 – 2028
      • 6.4.6. Japan
        • 6.4.6.1. Japan Market Revenue, By Service Type, 2016 – 2028
        • 6.4.6.2. Japan Market Revenue, By Application, 2016 – 2028
      • 6.4.7. India
        • 6.4.7.1. India Market Revenue, By Service Type, 2016 – 2028
        • 6.4.7.2. India Market Revenue, By Application, 2016 – 2028
      • 6.4.8. South Korea
        • 6.4.8.1. South Korea Market Revenue, By Service Type, 2016 – 2028
        • 6.4.8.2. South Korea Market Revenue, By Application, 2016 – 2028
      • 6.4.9. South-East Asia
        • 6.4.9.1. South-East Asia Market Revenue, By Service Type, 2016 – 2028
        • 6.4.9.2. South-East Asia Market Revenue, By Application, 2016 – 2028
      • 6.4.10. Rest of Asia Pacific
        • 6.4.10.1. Rest of Asia Pacific Market Revenue, By Service Type, 2016 – 2028
        • 6.4.10.2. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.5.2. Latin America Market Revenue, By Service Type, 2016 – 2028
      • 6.5.3. Latin America Market Revenue, By Application, 2016 – 2028
      • 6.5.5. Brazil
        • 6.5.5.1. Brazil Market Revenue, By Service Type, 2016 – 2028
        • 6.5.5.2. Brazil Market Revenue, By Application, 2016 – 2028
      • 6.5.6. Argentina
        • 6.5.6.1. Argentina Market Revenue, By Service Type, 2016 – 2028
        • 6.5.6.2. Argentina Market Revenue, By Application, 2016 – 2028
      • 6.5.7. Rest of Latin America
        • 6.5.7.1. Rest of Latin America Market Revenue, By Service Type, 2016 – 2028
        • 6.5.7.2. Rest of Latin America Market Revenue, By Application, 2016 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Service Type, 2016 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.5. GCC Countries
        • 6.6.5.1. GCC Countries Market Revenue, By Service Type, 2016 – 2028
        • 6.6.5.2. GCC Countries Market Revenue, By Application, 2016 – 2028
      • 6.6.6. South Africa
        • 6.6.6.1. South Africa Market Revenue, By Service Type, 2016 – 2028
        • 6.6.6.2. South Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.7. Rest of Middle-East Africa
        • 6.6.7.1. Rest of Middle-East Africa Market Revenue, By Service Type, 2016 – 2028
        • 6.6.7.2. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
  • Chapter No. 7: Oilfield Services Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. By Application Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8: Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Oilfield Services Market: Company Market Share, 2019
      • 8.1.2. Global Oilfield Services Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 8.1.3. Global Oilfield Services Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Oilfield Services Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9: Company Profiles
    • 9.1. Baker Hughes Incorporated
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfolio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
    • 9.2. Halliburton Company
    • 9.3. Schlumberger Limited
    • 9.4. Weatherford International, PLC
    • 9.5. Superior Energy Services, Inc.
    • 9.6. National Oilwell Varco, Inc.
    • 9.7. China Oilfield Services Limited (COSL)
    • 9.8. Archer Limited
    • 9.9. Expro International Group Huldings, Ltd.
    • 9.10 GE Oil & Gas
  • Chapter No. 10: Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11: Research Methodology
    • 11.1. Research Methodology
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

Table Of Figures

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Service Type
FIG NO. 2. Market Attractiveness Analysis, By Application
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global Oilfield Services Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By Service Type, 2020 & 2028 
FIG NO. 7. Global Oilfield Services Market for Pressure Pumping Services, Revenue (USD Billion) 2016 – 2028
FIG NO. 8. Comparative Revenue Analysis of Oilfield Services Market for Pressure Pumping Services, By Country, 2020 & 2028
FIG NO. 9. Global Oilfield Services Market for Oil Country Tubular Goods, Revenue (USD Billion) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Oilfield Services Market for Oil Country Tubular Goods, By Country, 2020 & 2028
FIG NO. 9. Global Oilfield Services Market for Wireline Services, Revenue (USD Billion) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Oilfield Services Market for Wireline Services, By Country, 2020 & 2028
FIG NO. 11. Global Oilfield Services Market for Others, Revenue (USD Billion) 2016 – 2028
FIG NO. 12. Comparative Revenue Analysis of Oilfield Services Market for Others, By Country, 2020 & 2028
FIG NO. 13. Market Revenue Share, By Application, 2020 & 2028
FIG NO. 14. Global Oilfield Services Market for OffShore, Revenue (USD Billion) 2016 – 2028
FIG NO. 15. Comparative Revenue Analysis of Oilfield Services Market for OffShore, By Country, 2020 & 2028 
FIG NO. 16. Global Oilfield Services Market for OnShore, Revenue (USD Billion) 2016 – 2028
FIG NO. 17. Comparative Revenue Analysis of Oilfield Services Market for OnShore, By Country, 2020 & 2028
FIG NO. 18. Global Oilfield Services Market Revenue Share, By Region, 2020 & 2028
FIG NO. 19. North America Oilfield Services Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 20. Porter’s Five Forces Analysis for Global Oilfield Services Market
FIG NO. 21. PEST Analysis for Global Oilfield Services Market
FIG NO. 22. Pricing Analysis for Global Oilfield Services Market
FIG NO. 23. Value Chain Analysis for Global Oilfield Services Market
FIG NO. 24. Company Share Analysis, 2019
FIG NO. 25. Radar Determinant Chart, 2019
FIG NO. 26. Company Strategic Developments – Heat Map Analysis
FIG NO. 27. The Sherwin-Williams Company Business Segment Revenue Share, 2020 (%)
FIG NO. 28. The Sherwin-Williams Company Geographical Segment Revenue Share, 2020 (%)
FIG NO. 29. Market Channels
FIG NO. 30. Marketing Channel Development Trend
FIG NO. 31. Growth in World Gross Product, 2008-2018
FIG NO. 32. Research Methodology – Detailed View
FIG NO. 33. Research Methodology
 


Table Of Tables

List of Tables 

TABLE NO. 1. Global Oilfield Services Market: Snapshot
TABLE NO. 2. Quarterly Oilfield Services Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Oilfield Services Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion) 
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion) 
TABLE NO. 6. Global Oilfield Services Market for Pressure Pumping Services, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Oilfield Services Market for Oil Country Tubular Goods, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8. Global Oilfield Services Market for Wireline Services, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. Global Oilfield Services Market for Others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 10. Global Oilfield Services Market for OffShore, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 11 Global Oilfield Services Market for OnShore, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 12 Global Oilfield Services Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 13. North America Oilfield Services Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 14. North America Oilfield Services Market Revenue, By Service Type, 2016 – 2028 (USD Billion)
TABLE NO. 15. North America Oilfield Services Market Revenue, By Service Type, 2016 – 2028 (USD Billion)
TABLE NO. 16. U.S. Oilfield Services Market Revenue, By Service Type, 2016 – 2028 (USD Billion)
TABLE NO. 17. U.S. Oilfield Services Market Revenue, By Service Type, 2016 – 2028 (USD Billion)
TABLE NO. 18. Canada Oilfield Services Market Revenue, By Service Type, 2016 – 2028 (USD Billion)
TABLE NO. 19. Canada Oilfield Services Market Revenue, By Service Type, 2016 – 2028 (USD Billion)
TABLE NO. 20. Mexico Oilfield Services Market Revenue, By Service Type, 2016 – 2028 (USD Billion)
TABLE NO. 21. Mexico Oilfield Services Market Revenue, By Service Type, 2016 – 2028 (USD Billion)
TABLE NO. 22. Drivers for the Oilfield Services Market: Impact Analysis
TABLE NO. 23. Restraints for the Oilfield Services Market: Impact Analysis
TABLE NO. 24. Major Buyers of Plant Factory Grow Lights
TABLE NO. 25. Distributors/Traders List of Plant Factory Grow Lights
TABLE NO. 26. Global Oilfield Services Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 27: Global Oilfield Services Market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)   


 

Methodology

FrequentlyAsked Questions

Oilfield Services Market size is set to expand from $ 112.35 Billion in 2023

Oilfield Services Market size is set to expand from $ 112.35 Billion in 2023 to $ 184.09 Billion by 2032, with an anticipated CAGR of around 5.64% from 2024 to 2032.

The major factors driving the oilfield services market include the global increase in oil and gas production and growing shale gas extraction. 

North America has been leading the worldwide oilfield services market and is anticipated to continue in the dominant position in the years to come.

The major players that are comprised in Oilfield Services Market are Baker Hughes Incorporated, Halliburton Company, Schlumberger Limited, Weatherford International, PLC, Superior Energy Services, Inc., National Oilwell Varco, Inc., China Oilfield Services Limited (COSL), Archer Limited, Expro International Group Holdings, Ltd. and GE Oil & Gas.

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