global oilfield equipment market 2024 analysis in Zimbabwe

Zimbabwe Oilfield Equipment Market (2024-2030) Trends,

  • global oilfield equipment market 2024 analysis in Zimbabwe
  • global oilfield equipment market 2024 analysis in Zimbabwe
  • global oilfield equipment market 2024 analysis in Zimbabwe
  • global oilfield equipment market 2024 analysis in Zimbabwe

2024 Oilfield Equipment Market Outlook Report: Industry Size, Market

Oilfield Equipment Market 2024 Global

Oilfield Equipment Market Size, Growth 2024 to 2032

Global Oilfield Equipment Rental Market Challenges [2024

  • Will North America dominate the oilfield equipment market in 2023?
  • North America is expected to dominate the oilfield equipment market in 2023. It is expected to continue its dominance during the forecast period. The share of North America in global crude oil production increased from 17.3% in 2013 to around 22.7% in 2021, which resulted in an increased demand for oilfield equipment in the region.
  • How big is the oilfield equipment market?
  • The Oilfield Equipment Market is expected to reach USD 134.20 billion in 2024 and grow at a CAGR of 3.08% to reach USD 156.18 billion by 2029. Schlumberger Limited , Baker Hughes Company, Halliburton Company , Weatherford International PLC and National Oilwell Varco Inc. are the major companies operating in this market.
  • How did the oil industry perform in 2021?
  • The offshore segment reported USD 147 million, representing 25% of the total revenue. Moreover, oil Production increased by 1.6% in 2021 worldwide. In 2021, the oil production was 89877 thousand barrels per day compared to 2020, which was 88494 thousand barrels per day.
  • Who owns the oilfield equipment market?
  • The oilfield equipment market is consolidated, with some of the top companies holding the major share of the market. Some companies include (in no particular order) Schlumberger Limited, Baker Hughes Company, Halliburton Company, Weatherford International PLC, and National Oilwell Varco Inc., among others.

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