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Oilfield Equipment Rental Services Market

Oilfield Equipment Rental Services Market Research Report – Segmented By Equipment (Completion and Workover Rigs, Drilling Equipment, Drilling Rigs, Logging Equipment, Other Equipment, Pressure Pumping Equipment) & Region (North America, Europe, APAC, Latin America, Middle East and Africa) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2017 to 2026.


01

Executive Summary

Oilfield Equipment Rental Services Market from Consainsights analyses the Oilfield Equipment Rental Services Market in the Energy & Resources industry over the forecast period to 2026.

Oilfield Equipment Rental Services research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Oilfield Equipment Rental Services segmentation includes Equipment and Geography.

All segmentations encompasses the key innovations and micro & macro trends, companies/manufacturers operating in this space along with their usage and penetration with respect to the wide range of End Users. Additionally, market sizing information along with the key factors such as market drivers, restraints, opportunities and challenges which are likely to be influencing the market growth are outlined in this report.

Based on the Equipment, the Oilfield Equipment Rental Services Market analysis covers Completion and Workover Rigs, Drilling Equipment, Drilling Rigs, Logging Equipment, Other Equipment, Pressure Pumping Equipment.

Key companies operating in the market include Transocean Ltd, Seadrill Ltd, Valaris PLC, Noble Corporation PLC, Weatherford International PLC, Superior Energy Services Inc., Schlumberger Limited, Baker Hughes Company, Oil States International Inc., KLX Energy Services, Key Energy Services Inc., Patterson-UTI Energy Inc., Nabors Industries Ltd and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Moreover, the competitive analysis includes the companies deals such as Mergers, Acquisitions, Partnerships and so on along with the expansion areas focusing on the additional geographies, future insights for success and market share analysis. Major players strategies include the launch of the innovative product lines along with the emphasis on the partnerships and acquisitions to standardize their market share in the market space.

Market Research methodology includes the triangulation of the data from the data sources such as Primary Market Research approach and Secondary Market Research Approach along with the data from the trade bodies and industry standard publications and data sources. Primary inputs from the industry experts and the market respondents from the respective industries to obtain very critical information to assess the future growth prospects of the market. The final data is triangulated and thoroughly validated considering all the data sources using the bottom-up and the top-down approaches to estimate the market sizing of the individual segments.

  • Revenue Share (%), By Equipment (2019)
    Revenue Share (%), By Equipment (2019)
02

Market Overview

  • The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.
  • The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.
  • The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.
  • Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.
  • Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.
  • As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.
  • The currency used in this report is USD, with the market size indicated in terms of USD million/billion.
  • For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.
  • For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.
03

By Equipment

By Equipment, The Global Oilfield Equipment Rental Services Market analysis covers Completion and Workover Rigs, Drilling Equipment, Drilling Rigs, Logging Equipment, Other Equipment, Pressure Pumping Equipment.

Global Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (Us$ Mn), By Equipment, 2019-2027
Global Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (Us$ Mn), By Equipment, 2019-2027

The Completion and Workover Rigs segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Completion and Workover Rigs: Global Oilfield Equipment Rental Services Market Revenue Opportunity (Us$ Mn)
Completion and Workover Rigs: Global Oilfield Equipment Rental Services Market Revenue Opportunity (Us$ Mn)

The Drilling Equipment segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Drilling Equipment: Global Oilfield Equipment Rental Services Market Revenue Opportunity (Us$ Mn)
Drilling Equipment: Global Oilfield Equipment Rental Services Market Revenue Opportunity (Us$ Mn)

The Drilling Rigs segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Drilling Rigs: Global Oilfield Equipment Rental Services Market Revenue Opportunity (Us$ Mn)
Drilling Rigs: Global Oilfield Equipment Rental Services Market Revenue Opportunity (Us$ Mn)

The Logging Equipment segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Logging Equipment: Global Oilfield Equipment Rental Services Market Revenue Opportunity (Us$ Mn)
Logging Equipment: Global Oilfield Equipment Rental Services Market Revenue Opportunity (Us$ Mn)

The Other Equipment segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Other Equipment: Global Oilfield Equipment Rental Services Market Revenue Opportunity (Us$ Mn)
Other Equipment: Global Oilfield Equipment Rental Services Market Revenue Opportunity (Us$ Mn)

The Pressure Pumping Equipment segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Pressure Pumping Equipment: Global Oilfield Equipment Rental Services Market Revenue Opportunity (Us$ Mn)
Pressure Pumping Equipment: Global Oilfield Equipment Rental Services Market Revenue Opportunity (Us$ Mn)
04

North America

Based on the North America, the Oilfield Equipment Rental Services Market analysis covers United States, Canada.

North America Map
North America Oilfield Equipment Rental Services Market Size, 2019-2027 (Us$ Mn)
North America Oilfield Equipment Rental Services Size, 2019-2027 (Us$ Mn)
North America Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
North America Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
United States Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
United States Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Canada Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Canada Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
05

Europe

Based on the Europe, the Oilfield Equipment Rental Services Market analysis covers Germany, United Kingdom, France, Spain, Russia, Italy, Rest of Europe.

Europe Map
Europe Oilfield Equipment Rental Services Market Size, 2019-2027 (Us$ Mn)
Europe Oilfield Equipment Rental Services Size, 2019-2027 (Us$ Mn)
Europe Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Europe Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Germany Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Germany Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
United Kingdom Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
United Kingdom Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
France Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
France Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Spain Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Spain Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Russia Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Russia Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Italy Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Italy Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Rest of Europe Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Rest of Europe Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
06

Asia-Pacific

Based on the Asia-Pacific, the Oilfield Equipment Rental Services Market analysis covers China, Japan, India, Southeast Asia, Australia & New Zealand, Rest of Asia-Pacific.

Asia-Pacific Map
Asia-Pacific Oilfield Equipment Rental Services Market Size, 2019-2027 (Us$ Mn)
Asia-Pacific Oilfield Equipment Rental Services Size, 2019-2027 (Us$ Mn)
Asia-Pacific Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Asia-Pacific Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
China Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
China Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Japan Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Japan Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
India Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
India Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Southeast Asia Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Southeast Asia Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Australia & New Zealand Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Australia & New Zealand Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Rest of Asia-Pacific Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Rest of Asia-Pacific Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
07

Middle East & Africa

Based on the Middle East & Africa, the Oilfield Equipment Rental Services Market analysis covers Middle East, Africa, Rest of Middle East & Africa.

Middle East & Africa Map
Middle East & Africa Oilfield Equipment Rental Services Market Size, 2019-2027 (Us$ Mn)
Middle East & Africa Oilfield Equipment Rental Services Size, 2019-2027 (Us$ Mn)
Middle East & Africa Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Middle East & Africa Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Middle East Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Middle East Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Africa Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Africa Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Rest of Middle East & Africa Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Rest of Middle East & Africa Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
08

Latin America

Based on the Latin America, the Oilfield Equipment Rental Services Market analysis covers Brazil, Argentina, Mexico, Colombia, Rest of Latin America.

Latin America Map
Latin America Oilfield Equipment Rental Services Market Size, 2019-2027 (Us$ Mn)
Latin America Oilfield Equipment Rental Services Size, 2019-2027 (Us$ Mn)
Latin America Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Latin America Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Brazil Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Brazil Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Argentina Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Argentina Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Mexico Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Mexico Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Colombia Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Colombia Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Rest of Latin America Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
Rest of Latin America Oilfield Equipment Rental Services Market - Historical, Forecast Market Sizes (US$ MN), By Equipment, 2019-2027
09

Company Analysis

  • Transocean Ltd
  • Seadrill Ltd
  • Valaris PLC
  • Noble Corporation PLC
  • Weatherford International PLC
  • Superior Energy Services Inc.
  • Schlumberger Limited
  • Baker Hughes Company
  • Oil States International Inc.
  • KLX Energy Services
  • Key Energy Services Inc.
  • Patterson-UTI Energy Inc.
  • Nabors Industries Ltd