Insights into the US Oilfield Equipment Rental Industry to 2025 - Identify Drivers & Challenges - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "United States Oilfield Equipment Rental Market, by Equipment Type (Drilling Equipment, Pressure & Flow Control Equipment, Other Equipment), by Application (Onshore v/s Offshore), by Region, Competition, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.

The United States Oilfield Equipment Rental Market is estimated to stand at $ 4.32 billion in 2020 and is projected to reach $ 5.37 billion by 2025. Anticipated growth in the market can be attributed to the rising demand for oil & gas coupled with increasing focus on unconventional reserves such as shale gas, tight gas, CBM, heavy crude, among others. Furthermore, increasing expenditure on E&P and drilling activities is anticipated to foster the growth of the market during forecast years. Additionally, technological innovations and digitalization in the oil & gas industry is further expected to propel the market over the next few years.

The United States Oilfield Equipment Rental Market is segmented based on equipment type, application, and region. Based on equipment type, the market can be fragmented into drilling equipment, pressure & flow control equipment and others. The drilling equipment segment accounted for around 50% of the market share in 2019 and is expected to dominate the market during forecast period as well. In terms of application, the United States Oilfield Equipment Rental Market is categorized into onshore & offshore, among which the onshore segment is expected to dominate the market until 2025. In terms of regional segmentation, the United States Oilfield Equipment Rental Market is categorized in South-East, Mid-West, West, North-East and South-West regions. Out of these, South-West region is expected to hold its dominance in the United States Oilfield Equipment Rental Market due to presence of a large number of oil reserves and oil production rate in the region.

Companies Mentioned

• Halliburton Company
• Schlumberger Limited
• Chesapeake Energy Corporation
• Weatherford International plc
• Superior Energy Services, Inc.
• Precision Drilling Corporation
• Parker Drilling Company
• FMC Technologies, Inc.
• Oil States International
• Basic Energy Services, Inc.

Objective of the Study:

• To analyze and forecast the market size of the United States Oilfield Equipment Rental Market.
• To classify and forecast the United States Oilfield Equipment Rental Market based on equipment type, application, company and regional distribution.
• To identify drivers and challenges for the United States Oilfield Equipment Rental Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the United States Oilfield Equipment Rental Market.
• To identify and analyze the profile of leading players operating in the United States Oilfield Equipment Rental Market.

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

5. United States Oilfield Equipment Rental Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Equipment Type (Drilling Equipment, Pressure & Flow Control Equipment, Others)

5.2.2. By Application (Onshore v/s Offshore)

5.2.3. By Region

5.2.4. By Company (2019)

5.3. Product Market Map

6. South-West United States Oilfield Equipment Rental Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Equipment Type

6.2.2. By Application

7. Mid-West United States Oilfield Equipment Rental Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Equipment Type

7.2.2. By Application

8. West United States Oilfield Equipment Rental Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Equipment Type

8.2.2. By Application

9. South-East United States Oilfield Equipment Rental Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Equipment Type

9.2.2. By Application

10. North-East United States Oilfield Equipment Rental Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Equipment Type

10.2.2. By Application

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

13. Competitive Landscape

13.1. Competition Outlook

13.2. Company Profiles

14. Strategic Recommendations

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