North America Oilfield Equipment Rental Market

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Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts

• North America Oilfield Equipment Rental Market

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The North American oilfield equipment rental
market report defines and segments the oilfield
equipment rental market in North America with
analysis and forecast of revenue. The oilfield
equipment rental market in North America is
estimated to grow from 8639 million in 2013 to
17375 million by 2018, at a CAGR of 15 from
2013 to 2018.
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The global oilfield equipment rental market is
mainly driven by the increasing drilling
activities in the upstream oil gas business.
The increasing oil prices, discoveries of oil
rigs and the offshore platforms have raised the
importance of exploration and production
activities. The oil companies mostly focus on
renting the equipment rather than buying, as
renting eliminates the maintenance cost and also
helps access the latest technology. Furthermore,
it helps the companies to maintain its cash
reserves for more essential expenditure.
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Browse through the TOC of the North American
oilfield equipment rental market report, to get
an idea of the in-depth analysis provided. This
also provides a glimpse of the segmentation in
the North American oilfield equipment rental
market, and is supported by various tables and
figures.  http//www.micromarketmonitor.com/marke
t/north-america-oilfield-rental-6484806445.html

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• North America holds the majority share in the
  global oilfield equipment rental market. More
  importantly, the large number of shale platform
  drilling activities in the U.S. has been driving
  the market growth.
• This market is segmented and projected on the
  basis of equipment and geography. On the basis of
  geography, the market is segmented by country,
  such as the U.S. and Canada, while on the basis
  of equipment, the market is segmented into
  drilling equipment, pressure and flow control
  equipment, fishing equipment, and others.

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report plots all the dependent cascaded market
with their growth/slow down indicators, which
influences revenues of the targeted market.
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