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The global oilfield equipment market size was valued at $111.4 billion in 2018, and is projected to reach $141.4 billion by 2026, growing at a CAGR of 3.1% from 2019 to 2026.<br>
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3/29/24, 3:48 PM Oilfield Equipment Market Business Opportunity, Top Key Press release Oil?eld Equipment Market Business Opportunity, Top Key players, and Growth Forecast 2026 03-27-2024 03:59 PM CET | Industry, Real Estate & Construction Press release from: Allied Market Research The global expansion of the oil and gas industry, particularly in countries like the U.S., China, and India, is driving the demand for oil?eld equipment. Manufacturers of oil?eld equipment are adopting strategies such as business expansion and undertaking new projects to enhance their market shares. For example, Integrated Equipment, Inc., a leading manufacturer, secured $9 million from Veritas Financial Partners in February 2019 to fuel its future growth initiatives. Request Customization On Demands: https://www.alliedmarketresearch.com/request-for-customization/A05977 Oil?eld Equipment Market The global oil?eld equipment market size was valued at $111.4 billion in 2018, and is projected to reach $141.4 billion by 2026, growing at a CAGR of 3.1% from 2019 to 2026. Moreover, in terms of application, the onshore segment dominated the market in 2018 due to the revitalization of aging oil wells. Additionally, the pumps and valves segment is projected to witness substantial growth in the forecast period based on its type. Regionally, North America and Asia-Paci?c jointly accounted for approximately 67.4% of the global oil?eld equipment market shares in 2018. Request PDF Sample Copy @ https://www.alliedmarketresearch.com/request-sample/A05977 Top Players: The key players pro?led in the global oil?eld equipment market report include Uztel S.A, ABB, Delta Corporation, Jereh Oil?eld Equipment, Integrated Equipment, EthosEnergy Group Limited, Sunnda Corporation, Baker Hughes , MSP/Drilex, Inc., and Weir Group. Key Findings of the Study: The report provides an extensive analysis of the current and emerging oil?eld equipment market trends and dynamics. Depending on type, the drilling equipment segment dominated the oil?eld equipment market, in terms of revenue in 2018 and pumps and valves is projected to grow at a CAGR 2.5% during the forecast period. By application, the on-shore segment led the oil?eld equipment market in 2018. North America is projected to register the highest growth rate in the coming years. The key market players within the oil?eld equipment market are pro?led in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the oil?eld equipment industry. In-depth oil?eld equipment market analysis is conducted by constructing estimations for the key segments between 2018 and 2026. The global oil?eld equipment market forecast analysis from 2018 to 2026 is included in the report. Inquire Before Buying @ https://www.alliedmarketresearch.com/purchase-enquiry/A05977 Read More Reports: Pipeline Monitoring Systems Market - https://www.alliedmarketresearch.com/pipeline-monitoring-systems-market About Us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Contact Us: https://www.openpr.com/news/3444203/oilfield-equipment-market-business-opportunity-top-key 1/2
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