Oilfield Rental Market Forecast to 2018

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MarketsandMarkets Presents
Oilfield Rental Market worth 46.8 Billion by
2018
http//www.marketsandmarkets.com/Market-Reports/oi
lfield-equipment-rental-market-1083.html
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The report "Oilfield Rental Market, by Equipment
- Drilling (Drillpipe, Drill Collars, Heavy-wate,
Subs), Pressure Control Flow Control (BOPs,
Valves, and Manifolds), Fishing, and Others
Global Market Trends Forecast to 2018". Browse
gtgt 137 market data tables
35 figures
316 pages and in-depth TOC on Oilfield Rental
Market http//www.marketsandmarkets.com/Market-
Reports/oilfield-equipment-rental-market-1083.html


Early buyers will receive 10 customization
of reports.
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Oilfield equipment rental market is mainly driven
by growing demand for energy. Rising energy
demand is increasing the oil gas EP
(exploration production) and drilling
activities globally, which in turn is driving the
rental equipment market. North America, due to
its growing energy needs and flourishing drilling
oilfield service industry, is the major growth
engine for this market. The immense potential of
this market is attracting various small and big
level industry players. The rental market is
experiencing a huge surge, especially in Africa
and Latin America, due to its booming oil gas
industries. On an account of rising oil prices
and increasing complexities in oil gas
exploration, the market will experience an
escalation in demand of rental equipment in the
years to come. The equipment rental players are
constantly trying to modify their product line
with highly customized and advanced equipment in
order to acquire more supply contracts which in
turn would increase their market shares. This
market has very few large players that are mainly
the rental divisions of major oilfield service
providers. Most of these players are local
companies operating in specific areas and
capturing insignificant market shares
individually. Weatherford International Ltd
(Switzerland) is the largest player of this
market followed by Superior Energy Services
(U.S.) and Halliburton (U.S.).
http//www.marketsandmarkets.com/Market-Reports/oi
lfield-equipment-rental-market-1083.html
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The report forecasts revenue of the global OER
market and its various submarkets with respect to
six main regions namely, North America, Europe
Eurasia, Asia-Pacific, Latin America, Middle
East, and Africa. At the country level U.S.,
China, Japan, India, Norway, U.K., Russia, Iran,
Brazil, Mexico, and several other countries were
analyzed. The report segments the global
oilfield equipment rental market by types of
rental equipment such as drilling equipment,
pressure flow control equipment, fishing
equipment, etc. The markets for most used
drilling and pressure flow control tools has
been estimated in this report. It also focuses on
market share analysis and metrics such as
drivers, restraints, opportunities, and winning
imperatives.
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s/oilfield-equipment-rental-market-1083.html
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