Oilfield auxiliary equipment are machines and instruments that are used to supplement the drilling process at oilfields. The equipment used less frequently on the oilfield are availed on rent by various oil extraction companies. The auxiliary equipment consist of sewage systems, mud labs, lighting system, distribution panels, storage tanks, debris junk catchers, transportation system, heat exchangers, flaring systems, drilling instruments and others.
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The major factors driving the oilfield auxiliary rental equipment market include the rising demand for energy sources, impending need for cost optimization and increasing deep offshore oil production activities. However, some of the restraints associated with the market are the advent of automated systems and lack of skilled workforce. The impact of automated systems is expected to affect the auxiliary rental equipment market in near future.
Some of the key players of Oilfield Auxiliary Rental Equipment Market:
Superior Energy Services Inc.,Schlumberger Limited,Oil States International Inc.,Weatherford,The Olayan Group,Key Energy Services Inc.
The report analyzes the market in the GCC region. In order to study the regional imperatives, the research is focused on countries such as Saudi Arabia, U.A.E., Oman, Qatar, Kuwait, etc. Weatherford, Schlumberger, The Olayan Group, Key Energy Services and others are some of the key players in the GCC region. Merger/acquisition and expansions are the prime strategies followed by numerous companies to gain a competitive edge in the market.
The Global Oilfield Auxiliary Rental Equipment Market research report offers an in-depth analysis of the global market, providing relevant information for the new market entrants or well-established players. Some of the key strategies employed by leading key players operating in the market and their impact analysis have been included in this research report.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Oilfield Auxiliary Rental Equipment market based on product and application. It also provides market size and forecast till 2019 for overall Oilfield Auxiliary Rental Equipmentmarket with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments.
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What the report features:-
- Global analysis of Oilfield Auxiliary Rental Equipment Market from 2015-2019 illustrating the progression of the market.
- Forecast and analysis of Oilfield Auxiliary Rental Equipment Market by Dosage, Route of Administration and Application from 2015-2019
- Forecast and analysis of Oilfield Auxiliary Rental Equipment Market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.
Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Oilfield Auxiliary Rental Equipment Market.
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- The key findings and recommendations highlight crucial progressive industry trends in the Oilfield Auxiliary Rental Equipment Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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