Oil & Gas Engineering Services Market by Service Type (Basic engineering, Computational Fluid Dynamics (CFD), Conceptual & feasibility studies), Type (Downstream, Midstream, Upstream) - Global Forecast 2024-2030

Oil & Gas Engineering Services Market by Service Type (Basic engineering, Computational Fluid Dynamics (CFD), Conceptual & feasibility studies), Type (Downstream, Midstream, Upstream) - Global Forecast 2024-2030


The Oil & Gas Engineering Services Market size was estimated at USD 5.77 billion in 2023 and expected to reach USD 6.31 billion in 2024, at a CAGR 9.70% to reach USD 11.04 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Oil & Gas Engineering Services Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Oil & Gas Engineering Services Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Oil & Gas Engineering Services Market, highlighting leading vendors and their innovative profiles. These include ARSEAL TECHNOLOGIES, LLC, Citec Group Oy Ab, Creaform Inc by AMETEK, Inc., Element Materials Technology Group Limited, Hatch Ltd., John Wood group plc, L&T Technology Services Limited, M&H, Mannvit Consulting Engineers, Quest Global Services Pte. Ltd., Stress Engineering Services, Inc., Tetra Tech, Inc., Toyo Engineering Corporation, and WSP Global Inc..

Market Segmentation & Coverage

This research report categorizes the Oil & Gas Engineering Services Market to forecast the revenues and analyze trends in each of the following sub-markets:

Service Type

Basic engineering

Computational Fluid Dynamics (CFD)

Conceptual & feasibility studies

Corrosion studies

Design reviews

Detailed engineering

Finite Element Analysis (FEA)

FPSO top sides design

Front-end engineering design

Hazop/Hazid/SIL

Pre-bid engineering

Process optimization

Reliability and availability studies

Value Add & Value Engineering (VA/VE)
Type

Downstream

Midstream

Upstream
Region

Americas
Argentina
Brazil
Canada
Mexico
United States

California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam

Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Oil & Gas Engineering Services Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Oil & Gas Engineering Services Market?
3. What are the technology trends and regulatory frameworks in the Oil & Gas Engineering Services Market?
4. What is the market share of the leading vendors in the Oil & Gas Engineering Services Market?
5. Which modes and strategic moves are suitable for entering the Oil & Gas Engineering Services Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Oil & Gas Engineering Services Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increase in oil & gas exploration and production activities
5.1.1.2. Rising focus on energy conservation and security
5.1.1.3. Significant adoption of automated technologies in oil & gas industry
5.1.2. Restraints
5.1.2.1. Volatility in the price of oil & Gas
5.1.3. Opportunities
5.1.3.1. Integration with advanced technologies such as analytics and machine learning
5.1.3.2. Government investments for oil & gas exploration
5.1.4. Challenges
5.1.4.1. Increasing penetration of renewable energy
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Oil & Gas Engineering Services Market, by Service Type
6.1. Introduction
6.2. Basic engineering
6.3. Computational Fluid Dynamics (CFD)
6.4. Conceptual & feasibility studies
6.5. Corrosion studies
6.6. Design reviews
6.7. Detailed engineering
6.8. Finite Element Analysis (FEA)
6.9. FPSO top sides design
6.10. Front-end engineering design
6.11. Hazop/Hazid/SIL
6.12. Pre-bid engineering
6.13. Process optimization
6.14. Reliability and availability studies
6.15. Value Add & Value Engineering (VA/VE)
7. Oil & Gas Engineering Services Market, by Type
7.1. Introduction
7.2. Downstream
7.3. Midstream
7.4. Upstream
8. Americas Oil & Gas Engineering Services Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Oil & Gas Engineering Services Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Oil & Gas Engineering Services Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. ARSEAL TECHNOLOGIES, LLC
12.1.2. Citec Group Oy Ab
12.1.3. Creaform Inc by AMETEK, Inc.
12.1.4. Element Materials Technology Group Limited
12.1.5. Hatch Ltd.
12.1.6. John Wood group plc
12.1.7. L&T Technology Services Limited
12.1.8. M&H
12.1.9. Mannvit Consulting Engineers
12.1.10. Quest Global Services Pte. Ltd.
12.1.11. Stress Engineering Services, Inc.
12.1.12. Tetra Tech, Inc.
12.1.13. Toyo Engineering Corporation
12.1.14. WSP Global Inc.
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. OIL & GAS ENGINEERING SERVICES MARKET RESEARCH PROCESS
FIGURE 2. OIL & GAS ENGINEERING SERVICES MARKET SIZE, 2023 VS 2030
FIGURE 3. OIL & GAS ENGINEERING SERVICES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. OIL & GAS ENGINEERING SERVICES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. OIL & GAS ENGINEERING SERVICES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. OIL & GAS ENGINEERING SERVICES MARKET DYNAMICS
FIGURE 7. OIL & GAS ENGINEERING SERVICES MARKET SIZE, BY SERVICE TYPE, 2023 VS 2030 (%)
FIGURE 8. OIL & GAS ENGINEERING SERVICES MARKET SIZE, BY SERVICE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. OIL & GAS ENGINEERING SERVICES MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 10. OIL & GAS ENGINEERING SERVICES MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS OIL & GAS ENGINEERING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS OIL & GAS ENGINEERING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES OIL & GAS ENGINEERING SERVICES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES OIL & GAS ENGINEERING SERVICES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC OIL & GAS ENGINEERING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC OIL & GAS ENGINEERING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA OIL & GAS ENGINEERING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA OIL & GAS ENGINEERING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. OIL & GAS ENGINEERING SERVICES MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. OIL & GAS ENGINEERING SERVICES MARKET SHARE, BY KEY PLAYER, 2023

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