Global Oilfield Equipment Rental Market Growth (Status and Outlook) 2023-2029

Global Oilfield Equipment Rental Market Growth (Status and Outlook) 2023-2029

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.

LPI (LP Information)' newest research report, the “Oilfield Equipment Rental Industry Forecast” looks at past sales and reviews total world Oilfield Equipment Rental sales in 2022, providing a comprehensive analysis by region and market sector of projected Oilfield Equipment Rental sales for 2023 through 2029. With Oilfield Equipment Rental sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Oilfield Equipment Rental industry.

This Insight Report provides a comprehensive analysis of the global Oilfield Equipment Rental landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Oilfield Equipment Rental portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Oilfield Equipment Rental market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oilfield Equipment Rental and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Oilfield Equipment Rental.

The global Oilfield Equipment Rental market size is projected to grow from US$ 13850 million in 2022 to US$ 17290 million in 2029; it is expected to grow at a CAGR of 3.2% from 2023 to 2029.

The report segments the oilfield equipment rental market based on equipment into drilling equipment, pressure & flow control equipment, fishing equipment, and other equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Oilfield Equipment Rental market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Drilling Equipment
Pressure & Flow Control Equipment
Fishing Equipment
Other Equipment

Segmentation by application
Onshore
Offshore

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Schlumberger
Halliburton
Superior Energy Services
Oil States International
Technipfmc
Weatherford International
Parker Drilling
Patterson-UTI Energy
Basic Energy Services
Key Energy Services
John Energy
Circle T Service & Rental
Ensign Energy Services
Bestway Oilfields
KIT Oil & Gas

Please note: The report will take approximately 2 business days to prepare and deliver.