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Oil Field Equipment Market Research Report by Product (Cementing Equipment, Downhole Drilling Tools, and Fishing and Re-entry), Application, State - United States Forecast to 2027 - Cumulative Impact of COVID-19

  • ID: 5460176
  • Report
  • April 2022
  • Region: United States
  • 109 Pages
  • 360iResearch™
UP TO OFF until Dec 31st 2022

FEATURED COMPANIES

  • ABB Group
  • Aker Solutions ASA
  • Delta Corporation
  • Ethos Energy Group Ltd
  • hartenergy
  • NOV Inc
The United States Oil Field Equipment Market size was estimated at USD 3,269.31 million in 2021, USD 3,516.92 million in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 9.45% to reach USD 5,622.77 million by 2027.



Market Statistics:


The report provides market sizing and forecast across five major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

Market Segmentation & Coverage:


This research report categorizes the Oil Field Equipment to forecast the revenues and analyze the trends in each of the following sub-markets:
  • Based on Product, the market was studied across Cementing Equipment, Downhole Drilling Tools, Fishing and Re-entry, and Tubular Running Services.
  • Based on Application, the market was studied across Offshore and Onshore.
  • Based on State, the market was studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas.

Cumulative Impact of COVID-19:


COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:


The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:


The FPNV Positioning Matrix evaluates and categorizes the vendors in the Oil Field Equipment Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:


The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:


The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:


The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the United States Oil Field Equipment Market, including ABB Group, Abbot Group, Aker Solutions ASA, Baker Hughes Company, Basic Energy Services, Inc., Delta Corporation, Eni S.p.A., Ethos Energy Group Ltd, Expro Group, Halliburton Energy Services, Inc, hartenergy, Integrated Equipment, Inc., Jereh Group, NOV Inc, Pioneer Energy Services Corp., SGS SA, Sunnda Corporation, Superior Energy Services, Inc., TechnipFMC PLC, The Weir Group PLC, Transocean Ltd, and UZTEL S.A..

The report provides insights on the following pointers:


1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:


1. What is the market size and forecast of the United States Oil Field Equipment Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the United States Oil Field Equipment Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the United States Oil Field Equipment Market?
4. What is the competitive strategic window for opportunities in the United States Oil Field Equipment Market?
5. What are the technology trends and regulatory frameworks in the United States Oil Field Equipment Market?
6. What is the market share of the leading vendors in the United States Oil Field Equipment Market?
7. What modes and strategic moves are considered suitable for entering the United States Oil Field Equipment Market?
Frequently Asked Questions about the U.S. Oil Field Equipment Market

What is the estimated value of the U.S. Oil Field Equipment Market?

The U.S. Oil Field Equipment Market was estimated to be valued at $3269.3 Million in 2021.

What is the growth rate of the U.S. Oil Field Equipment Market?

The growth rate of the U.S. Oil Field Equipment Market is 9.4%, with an estimated value of $5622.8 Million by 2027.

What is the forecasted size of the U.S. Oil Field Equipment Market?

The U.S. Oil Field Equipment Market is estimated to be worth $5622.8 Million by 2027.

Who are the key companies in the U.S. Oil Field Equipment Market?

Key companies in the U.S. Oil Field Equipment Market include ABB Group, Abbot Group, Aker Solutions ASA, Baker Hughes Company, Basic Energy Services, Inc., Delta Corporation, Eni S.p.A., Ethos Energy Group Ltd and Halliburton Energy Services, Inc.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ABB Group
  • Aker Solutions ASA
  • Delta Corporation
  • Ethos Energy Group Ltd
  • hartenergy
  • NOV Inc

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.1.4. Challenges
5.2. Cumulative Impact of COVID-19
6. Oil Field Equipment Market, by Product
6.1. Introduction
6.2. Cementing Equipment
6.3. Downhole Drilling Tools
6.4. Fishing and Re-entry
6.5. Tubular Running Services
7. Oil Field Equipment Market, by Application
7.1. Introduction
7.2. Offshore
7.3. Onshore
8. California Oil Field Equipment Market9. Florida Oil Field Equipment Market10. Illinois Oil Field Equipment Market11. New York Oil Field Equipment Market12. Ohio Oil Field Equipment Market13. Pennsylvania Oil Field Equipment Market14. Texas Oil Field Equipment Market
15. Competitive Landscape
15.1. FPNV Positioning Matrix
15.1.1. Quadrants
15.1.2. Business Strategy
15.1.3. Product Satisfaction
15.2. Market Ranking Analysis
15.3. Market Share Analysis, By Key Player
15.4. Competitive Scenario
15.4.1. Merger & Acquisition
15.4.2. Agreement, Collaboration, & Partnership
15.4.3. New Product Launch & Enhancement
15.4.4. Investment & Funding
15.4.5. Award, Recognition, & Expansion
16. Company Usability Profiles
16.1. ABB Group
16.2. Abbot Group
16.3. Aker Solutions ASA
16.4. Baker Hughes Company
16.5. Basic Energy Services, Inc.
16.6. Delta Corporation
16.7. Eni S.p.A.
16.8. Ethos Energy Group Ltd
16.9. Expro Group
16.10. Halliburton Energy Services, Inc
16.11. hartenergy
16.12. Integrated Equipment, Inc.
16.13. Jereh Group
16.14. NOV Inc
16.15. Pioneer Energy Services Corp.
16.16. SGS SA
16.17. Sunnda Corporation
16.18. Superior Energy Services, Inc.
16.19. TechnipFMC PLC
16.20. The Weir Group PLC
16.21. Transocean Ltd
16.22. UZTEL S.A.
17. Appendix
17.1. Discussion Guide
17.2. License & Pricing
List of Figures
FIGURE 1. UNITED STATES OIL FIELD EQUIPMENT MARKET: DYNAMICS
FIGURE 2. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY PRODUCT, 2021 VS 2027 (%)
FIGURE 3. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY PRODUCT, 2021 VS 2027 (USD MILLION)
FIGURE 4. COMPETITIVE STRATEGIC WINDOW FOR UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY PRODUCT, 2027
FIGURE 5. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY CEMENTING EQUIPMENT, 2019-2027 (USD MILLION)
FIGURE 6. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY CEMENTING EQUIPMENT, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 7. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY DOWNHOLE DRILLING TOOLS, 2019-2027 (USD MILLION)
FIGURE 8. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY DOWNHOLE DRILLING TOOLS, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 9. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY FISHING AND RE-ENTRY, 2019-2027 (USD MILLION)
FIGURE 10. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY FISHING AND RE-ENTRY, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 11. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY TUBULAR RUNNING SERVICES, 2019-2027 (USD MILLION)
FIGURE 12. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY TUBULAR RUNNING SERVICES, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 13. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY APPLICATION, 2021 VS 2027 (%)
FIGURE 14. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY APPLICATION, 2021 VS 2027 (USD MILLION)
FIGURE 15. COMPETITIVE STRATEGIC WINDOW FOR UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY APPLICATION, 2027
FIGURE 16. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY OFFSHORE, 2019-2027 (USD MILLION)
FIGURE 17. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY OFFSHORE, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 18. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY ONSHORE, 2019-2027 (USD MILLION)
FIGURE 19. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY ONSHORE, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 20. UNITED STATES OIL FIELD EQUIPMENT MARKET: FPNV POSITIONING MATRIX
FIGURE 21. UNITED STATES OIL FIELD EQUIPMENT MARKET: SHARE, BY KEY PLAYER, 2021
FIGURE 22. COMPETITIVE SCENARIO ANALYSIS IN UNITED STATES OIL FIELD EQUIPMENT MARKET, BY TYPE
List of Tables
TABLE 1. UNITED STATES OIL FIELD EQUIPMENT MARKET: MARKET SEGMENTATION & COVERAGE
TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2016–2020
TABLE 3. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY PRODUCT, 2019-2027 (USD MILLION)
TABLE 4. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY CEMENTING EQUIPMENT, BY STATE, 2019-2027 (USD MILLION)
TABLE 5. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY DOWNHOLE DRILLING TOOLS, BY STATE, 2019-2027 (USD MILLION)
TABLE 6. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY FISHING AND RE-ENTRY, BY STATE, 2019-2027 (USD MILLION)
TABLE 7. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY TUBULAR RUNNING SERVICES, BY STATE, 2019-2027 (USD MILLION)
TABLE 8. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY APPLICATION, 2019-2027 (USD MILLION)
TABLE 9. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY OFFSHORE, BY STATE, 2019-2027 (USD MILLION)
TABLE 10. UNITED STATES OIL FIELD EQUIPMENT MARKET SIZE, BY ONSHORE, BY STATE, 2019-2027 (USD MILLION)
TABLE 11. UNITED STATES OIL FIELD EQUIPMENT MARKET: SCORES
TABLE 12. UNITED STATES OIL FIELD EQUIPMENT MARKET: BUSINESS STRATEGY
TABLE 13. UNITED STATES OIL FIELD EQUIPMENT MARKET: PRODUCT SATISFACTION
TABLE 14. UNITED STATES OIL FIELD EQUIPMENT MARKET: RANKING
TABLE 15. UNITED STATES OIL FIELD EQUIPMENT MARKET: SHARE, BY KEY PLAYER, 2021
TABLE 16. UNITED STATES OIL FIELD EQUIPMENT MARKET: MERGER & ACQUISITION
TABLE 17. UNITED STATES OIL FIELD EQUIPMENT MARKET: AGREEMENT, COLLABORATION, & PARTNERSHIP
TABLE 18. UNITED STATES OIL FIELD EQUIPMENT MARKET: NEW PRODUCT LAUNCH & ENHANCEMENT
TABLE 19. UNITED STATES OIL FIELD EQUIPMENT MARKET: INVESTMENT & FUNDING
TABLE 20. UNITED STATES OIL FIELD EQUIPMENT MARKET: AWARD, RECOGNITION, & EXPANSION
TABLE 21. UNITED STATES OIL FIELD EQUIPMENT MARKET: LICENSE & PRICING
Note: Product cover images may vary from those shown
  • ABB Group
  • Abbot Group
  • Aker Solutions ASA
  • Baker Hughes Company
  • Basic Energy Services, Inc.
  • Delta Corporation
  • Eni S.p.A.
  • Ethos Energy Group Ltd
  • Expro Group
  • Halliburton Energy Services, Inc
  • hartenergy
  • Integrated Equipment, Inc.
  • Jereh Group
  • NOV Inc
  • Pioneer Energy Services Corp.
  • SGS SA
  • Sunnda Corporation
  • Superior Energy Services, Inc.
  • TechnipFMC PLC
  • The Weir Group PLC
  • Transocean Ltd
  • UZTEL S.A.
Note: Product cover images may vary from those shown

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