Boston, MA -- (SBWIRE) -- 10/06/2015 -- Oilfield equipment is used for the extraction of oil and gas from reservoirs as well as for the extraction of unconventional gas resources. Based on product type, oilfield equipment is classified into four: drilling equipment, field production machinery, pumps and valves, and others.

Technavio's analysts forecast the global oilfield equipment market to grow at a CAGR of 2.7% in terms of revenue over the period 204-2019.

Covered in this report
The report covers the current scenario and the growth prospects of the global oilfield equipment market for the period of 2015-2019. To calculate the market size, the report considers revenue generated through the sale of oilfield equipment.

Technavio's report, Global Oilfield Equipment Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global oilfield equipment market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Get More Details on this Report and a Full Table of Contents at Global Oilfield Equipment Market 2015-2019

Key vendors

-Americas
-APAC
-EMEA

Key vendors

-Aker Solution
-FMC Technologies
-Halliburton
-National Oilwell Varco
-Schlumberger
-Weatherford International

Other prominent vendors

-Amik
-Cameron International
-Eniprom
-Russel Oil Equipment

Market driver

-Rise in oil and gas drilling activities
-For a full, detailed list, view our report

Market challenge

-High capital investment
-For a full, detailed list, view our report

Market trend

-Growing number of mergers and acquisitions
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2019 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space and what is their portfolio matrix?
-What are the market opportunities and threats faced by the key vendors?
-What is the competitive landscape as characterized by geography?
-What are the strengths and weaknesses of the key vendors?

Companies Mentioned in this Report: Aker Solution, FMC Technologies, Halliburton, National Oilwell Varco, Schlumberger, Weatherford International, Amik, Cameron International, Eniprom, Russel Oil Equipment

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