How big is the Oilfield Services Market?

The Oilfield Services Market size is expected to reach USD 119.36 billion in 2024 and grow at a CAGR of 5.83% to reach USD 158.48 billion by 2029. Read More

What is the current Oilfield Services Market size?

In 2024, the Oilfield Services Market size is expected to reach USD 119.36 billion. Read More

Who are the key players in Oilfield Services Market?

Weatherford International Plc, Schlumberger Limited, Halliburton Company, Baker Hughes Company and China Oilfield Services Limited are the major companies operating in the Oilfield Services Market. Read More

Which is the fastest growing region in Oilfield Services Market?

Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Oilfield Services Market?

In 2024, the North America accounts for the largest market share in Oilfield Services Market. Read More

What years does this Oilfield Services Market cover, and what was the market size in 2023?

In 2023, the Oilfield Services Market size was estimated at USD 112.40 billion. The report covers the Oilfield Services Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Oilfield Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the latest trends in the global Oilfield Services Market?

The latest trends in the global Oilfield Services Market are a) Increasing investment in the offshore sector and the growing number of offshore discoveries b) Increasing production & exploration activities in the oil & gas industry c) Advancements in technology for higher production yield Read More

How is the global Oilfield Services Market segmented?

The global Oilfield Services Market is segmented based on a) Service Type: Well Completion Equipment & Services, Well Intervention Services, Coiled Tubing Services, Pressure Pumping Services, OCTG (Oil Country Tabular Goods), and Wireline Services b) Application: Offshore and Onshore Read More

Oilfield Services (OFS) Market Report | Industry Analysis, Size & Trends Overview

Oilfield Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Oilfield Services Market Size & Share. It is Segmented by Service Type (Drilling Services, Completion Services, Production and Intervention Services, and Other Services), Location of Deployment (Onshore and Offshore), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Report Offers the Market Size and Forecasts for Oilfield Services in Revenue (USD) for all the Above Segments.

Oilfield Services (OFS) Industry Overview

The oilfield services market is fragmented. Some of the major players in the market (in no particular order) include Schlumberger Limited, Baker Hughes Company, Halliburton Company, Weatherford International PLC, and China Oilfield Services Limited.