Oilfield Equipment Rental Market PPT 2023: Size, Growth, Demand and Forecast till 2028

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Global Oilfield Equipment Rental Market Research
and Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Oilfield Equipment Rental Market Research
Report The latest report by IMARC, titled
Oilfield Equipment Rental Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2023-2028 " finds that the global
oilfield equipment rental market size reached US
24.1 Billion in 2022. Oilfield equipment rental
is the process of hiring equipment for the
extraction and drilling of oilfields for a
predefined period. These machines are used in
horizontal and deep drilling, well completion,
well logging, and well intervention activities.
Some of the common oilfield equipment used are
drilling, pumps and valves, pressure and flow
equipment, artificial lift systems, drill bits,
wireline tools, tubes, blowout preventers (BOP),
and mud pumps. These services are more
cost-effective as they offer minimal cost of
acquisition and maintenance than the traditional
method of purchasing oilfield equipment, due to
which they are gaining traction across the
globe. Request Free Sample Report
https//www.imarcgroup.com/oilfield-equipment-rent
al-market/requestsample
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Report Description and Highlights
Report Description

Global Oilfield Equipment Rental Market
Trends The market is primarily driven by the
increasing exploration and production activities
across the globe. In addition, the escalating
demand for crude oil and natural gas for power
and energy requirements represents another major
growth-inducing factor. Besides this, governments
of numerous countries and private stakeholders
are adopting rented oilfield equipment to
introduce projects for the overall development of
economies. This, coupled with the introduction of
Radio Frequency Identification (RFID)-enabled
equipment, which assists in improving drilling
and hole-cleanup operations, is positively
influencing the market growth. Moreover,
various key players are offering machines with
advanced features, such as horizontal and
directional drilling, which can be attached to
Universal Bottom Hole Orientation (UBHO)
equipment. They are also developing drilling
technology that aids in monitoring drilling
activities during deep-water and ultra-deep-water
operations, which is also contributing to the
market growth. Looking forward, IMARC Group
expects the market value to reach US 30.8
Billion by 2028, exhibiting a CAGR of 3.9 during
the forecast period (2023-2028). Looking
forward, the market value is projected to reach a
strong growth during the forecast period
(2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Equipment
Drilling Drill Pipes
Drill Collars Subs
Others Pressure Flow Contr
ol Blow Out Preventer (BOP)
Valves Manifolds
Others Others Breakup
by Application Onshore Offsh
ore Breakup by Region

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Report Description and Highlights
Report Description
North America United S
tates Canada Asia Paci
fic China Japa
n India South
Korea Australia
Indonesia Others Eur
ope Germany Fr
ance United Kingdom
Italy Spain
Russia Others Lati
n America

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Report Description and Highlights
Report Description
Brazil Mexico
Others Middle East and
Africa


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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Basic Energy Services Inc
• Bestway Oilfields Gas Equip LLC
  Circle T Service Rental Ltd. Ensign Energy Servi
  ces Inc. Halliburton Company John Energy Ltd. Park
  er Drilling Company Schlumberger Limited Seventy-S
  even Energy Inc. Superior Energy Services Inc. Tec
  hnipFMC PLC Weatherford International PLC
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/oilfield-equipment-rent
  al-market

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
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photocopying, recording, taping or by information
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without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
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Research and Consulting. All other trademarks
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trademarks of their respective companies.
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