Oilfield Equipment Rental Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The oilfield equipment rental services market is expected to grow at a CAGR of over 5% during the forecast period 2022-2028.

Oilfield equipment is equipment that extracts oil and gas from reservoirs. To reduce the capital expenditure of these equipment, oilfield operators rent or lease such equipment. Due to the growing energy demand, oilfield equipment rental is a highly developed market. Oilfield equipment is generally used for drill pipes, drill subs, etc.

Company Profile

The key players of global oilfield equipment rental services market are Halliburton Co. (U.S.), Oil States International Inc. (U.S.), Schlumberger Ltd (U.S.), Superior Energy Services Inc. (U.S.), and Weatherford International Ltd. (Switzerland), Baker Hughes (U.S.), National Oilwell Varco (U.S.), Cameron International Inc.  (U.S.), Transocean Ltd. (Switzerland), B&B Oilfield Equipment Corp (U.S.).

Market Segmentation

By Equipment

• Drilling
• Pressure & Flow Control

By Application

• Onshore
• Offshore

Scope of the Report

The research study analyzes the global Oilfield Equipment Rental industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Oilfield Equipment Rental Market Report

1. What was the Oilfield Equipment Rental Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Oilfield Equipment Rental Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Oilfield Equipment Rental Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.