Global Offshore Rental Equipment Market- Industry Analysis and forecast 2020 – 2027: by Equipment, by Application, by End-use and by Region

Global Offshore Rental Equipment Market was valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2027, growing at a CAGR of XX% in forecast period.   Global Offshore Rental Equipment Market To know about the Research Methodology :- Request Free Sample Report The demand in the energy sector is likely to expand at a higher pace in the forecast period. The oil and gas demand has the same fate therefore the exploration in this regard is increased. This exploration of oil and gas needs expensive technology and machinery to carry out the extraction and drilling. It is not feasible to buy these expensive machineries for short term purpose. Thus renting out these equipment becomes a suitable option which saves time as well as money.

Drivers/ Restrains

The oil and gas companies are shifting their focus on unconventional resources such as shale gas, coal bed methane (CBM), tight gas and heavy oil. The governments are also supporting renewable energy. The traditional equipment used are not fully equipped to fulfil the demands of modern needs. New technologies like horizontal drilling and hydraulic fracturing have played a vital role in the oil and gas formation. These are the prominent growth generators and the major drivers of the global offshore equipment market. Manufactures like Weatherford International plc., Ferguson Group LLC and Ensign Energy Services, Inc are developing equipment that are operated at diverse conditions, different sites and weather conditions. The drilling activities all over the offshore regions have increased over the years. Therefore the companies are investing more in this industry. The untapped reserves are grabbing the attention of the players and numerous countries are expanding their reserves. This factor is playing a pivotal role in the growth of the global offshore rental equipment market. As the COVID-19 pandemic has severely affected most of the industries the growth of this industry also has undergone an immense crisis in 2020. The global market of the offshore rental equipment market also has gone through the investment crunch. This has restrained the growing industry. As the new sites of reserves are explored, they need a modern approach and new technology, the oil and gas companies are demanding customized drilling equipment to meet global production standards. It restrains the offshore rental equipment market. Segmentation The offshore rental equipment market is segmented by equipment into drilling and pressure & flow control in which the drilling segment is expected to dominate with the XX% CAGR in the forecast period. Drilling equipment is useful in unconventional shale reserves which have expected to drive the drilling equipment segment. The report covers the analysis of various factors that determine regional growth with reference to its economy, environment, technological advancements, societal patterns, and political circumstances of the particular region as well as a particular country. It also analyses the data of revenue, sales, and manufacturers of each region. By region, North America will dominate the offshore rental equipment market, the increasing production of unconventional energy and Deepwater explorations and shale operations have increased remarkably in recent times and hence will bring potential growth resulted in numerous opportunities for the offshore rental equipment market. The stringent government regulations and environmental norms have made the developed countries enforce strict safety measures that impact the growth of the offshore rental equipment market positively. In Latin America, with the exploration of the untapped reserves in Latin America, the demand for offshore rental equipment demand has spurred. The exploration of the Gulf of Mexico and the production of oil and gas from there has emerged as an important driver for this market in the region. Asia-Pacific is expected to meet considerable growth in the forecast year because of the increasing number of oil and gas projects in the region. India, China and Indonesia are expected to lead the market in the region. The report includes analysis of the impact of COVID-19 lockdown on the revenue of market-leader, followers and disrupters. Since lockdown was implemented, different fields, regions and countries, impact of same is also different by region and segments. The report has covered short term and long tern impact of the market, which will help decision makers to prepare the outline for short term and long strategies for companies by regions. The report has covered the analysis of different factors that affects the dynamics of market growth positively or negatively. It constitutes the trends, restraints, and drivers by region, end user, segments and technology that will give deep insights of the market and industry to the readers.

Global Offshore Rental Equipment Market Competitive Landscape

Global Offshore Rental Equipment Market 1 The report provides competitive landscape of the Global Offshore Rental Equipment Market with the company market structure and market share analysis of the key market players. The objective of the report is to present a comprehensive analysis of the Global Offshore Rental Equipment Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Offshore Rental Equipment Market dynamics, structure by analysing the market segments and project the Global Offshore Rental Equipment Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Raw material portfolio, growth strategies, and regional presence in the Global Offshore Rental Equipment Market makes the report investor’s guide.

Scope of Global Offshore Rental Equipment Market: Inquire before buying

Global Offshore Rental Equipment Market, by equipment

• Flow & Pressure • Drilling

Global Offshore Rental Equipment Market, by Application

• Lifting Equipment • Pumping Equipment • Drilling Equipment

Global Offshore Rental Equipment Market, by End-use

• Oil and Gas Industry • Marine Engineering • Exploration

Global Offshore Rental Equipment Market, by Region

• North America • Europe • Asia-Pacific • MEA & Africa • Latin America

Key Market Players operating in Global Offshore Rental Equipment Market

• Weatherford International plc. • Ferguson Group LLC • Ensign Energy Services, Inc. • Norwegian Offshore Rental AS • Superior Energy Services, Inc. • Bois Equipment Rentals BV • Tiger Offshore • ORS
Global Offshore Rental Equipment Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Offshore Rental Equipment Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Offshore Rental Equipment Market Analysis and Forecast 7. Global Offshore Rental Equipment Market Analysis and Forecast, by Equipment 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Offshore Rental Equipment Market Value Share Analysis, by Equipment 7.4. Global Offshore Rental Equipment Market Size (US$ Mn) Forecast, by Equipment 7.5. Global Offshore Rental Equipment Market, Analysis, by Equipment 7.6. Global Offshore Rental Equipment Market Attractiveness Analysis, by Equipment 8. Global Offshore Rental Equipment Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Offshore Rental Equipment Market Value Share Analysis, by Application 8.4. Global Offshore Rental Equipment Market Size (US$ Mn) Forecast, by Application 8.5. Global Offshore Rental Equipment Market Analysis, by Application 8.6. Global Offshore Rental Equipment Market Attractiveness Analysis, by Application 9. Global Offshore Rental Equipment Market Analysis and Forecast, by End-user 9.1. Introduction and Definition 9.2. Key Findings 9.3. Global Offshore Rental Equipment Market Value Share Analysis, by End-user 9.4. Global Offshore Rental Equipment Market Size (US$ Mn) Forecast, by End-user 9.5. Global Offshore Rental Equipment Market Analysis, by End-user 9.6. Global Offshore Rental Equipment Market Attractiveness Analysis, by End-user 10. Global Offshore Rental Equipment Market Analysis and Forecast, by Region 10.1. Introduction and Definition 10.2. Key Findings 10.3. Global Offshore Rental Equipment Market Value Share Analysis, by Region 10.4. Global Offshore Rental Equipment Market Size (US$ Mn) Forecast, by Region 10.5. Global Offshore Rental Equipment Market Analysis, by Region 11. Global Offshore Rental Equipment Market Analysis 11.1. Key Findings 11.2. Global Offshore Rental Equipment Market Overview 11.3. Global Offshore Rental Equipment Market Forecast, by Equipment 11.3.1. Flow & Pressure 11.3.2. Drilling 11.4. Global Offshore Rental Equipment Market Forecast, by Application 11.4.1. Lifting Equipment 11.4.2. Pumping Equipment 11.4.3. Drilling Equipment 11.5. Global Offshore Rental Equipment Market Forecast, by End-user 11.5.1. Oil and Gas Industry 11.5.2. Marine Engineering 11.5.3. Exploration 11.6. Global Offshore Rental Equipment Market Forecast, by Region 11.6.1. North America 11.6.2. Europe 11.6.3. Asia-Pacific 11.6.4. MEA & Africa 11.6.5. Latin America 11.7. PEST Analysis 11.8. Key Trends 11.9. Key Developments 12. North-America Offshore Rental Equipment Market Analysis 12.1. Key Findings 12.2. North America Offshore Rental Equipment Market Forecast, by Equipment 12.2.1. Flow & Pressure 12.2.2. Drilling 12.3. North America Offshore Rental Equipment Market Forecast, by Application 12.3.1. Lifting Equipment 12.3.2. Pumping Equipment 12.3.3. Drilling Equipment 12.4. North America Offshore Rental Equipment Market Forecast, by End-user 12.4.1. Oil and Gas Industry 12.4.2. Marine Engineering 12.4.3. Exploration 12.5. North-America Offshore Rental Equipment Market Forecast, by Country 12.5.1. US 12.5.2. Canada 12.6. US Offshore Rental Equipment Market Forecast, by Equipment 12.6.1. Flow & Pressure 12.6.2. Drilling 12.7. US Offshore Rental Equipment Market Forecast, by Application 12.7.1. Lifting Equipment 12.7.2. Pumping Equipment 12.7.3. Drilling Equipment 12.8. US Offshore Rental Equipment Market Forecast, by End-user 12.8.1. Oil and Gas Industry 12.8.2. Marine Engineering 12.8.3. Exploration 12.9. Canada Offshore Rental Equipment Market Forecast, by Equipment 12.9.1. Flow & Pressure 12.9.2. Drilling 12.10. Canada Offshore Rental Equipment Market Forecast, by Application 12.10.1. Lifting Equipment 12.10.2. Pumping Equipment 12.10.3. Drilling Equipment 12.11. Canada Offshore Rental Equipment Market Forecast, by End-user 12.11.1. Oil and Gas Industry 12.11.2. Marine Engineering 12.11.3. Exploration 12.12. PEST Analysis 12.13. Key Trends 12.14. Key Developments 13. Europe Offshore Rental Equipment Market Analysis 13.1. Key Findings 13.2. Europe Offshore Rental Equipment Market Forecast, by Equipment 13.2.1. Flow & Pressure 13.2.2. Drilling 13.3. Europe Offshore Rental Equipment Market Forecast, by Application 13.3.1. Lifting Equipment 13.3.2. Pumping Equipment 13.3.3. Drilling Equipment 13.4. Europe Offshore Rental Equipment Market Forecast, by End-user 13.4.1. Oil and Gas Industry 13.4.2. Marine Engineering 13.4.3. Exploration 13.5. Europe Offshore Rental Equipment Market Forecast, by Country 13.5.1. UK 13.5.2. France 13.5.3. Germany 13.5.4. Russia 13.5.5. Italy 13.5.6. Rest of Europe 13.6. UK Offshore Rental Equipment Market Forecast, by Equipment 13.6.1. Flow & Pressure 13.6.2. Drilling 13.7. UK Offshore Rental Equipment Market Forecast, by Application 13.7.1. Lifting Equipment 13.7.2. Pumping Equipment 13.7.3. Drilling Equipment 13.8. UK Offshore Rental Equipment Market Forecast, by End-user 13.8.1. Oil and Gas Industry 13.8.2. Marine Engineering 13.8.3. Exploration 13.9. France Offshore Rental Equipment Market Forecast, by Equipment 13.9.1. Flow & Pressure 13.9.2. Drilling 13.10. France Offshore Rental Equipment Market Forecast, by Application 13.10.1. Lifting Equipment 13.10.2. Pumping Equipment 13.10.3. Drilling Equipment 13.11. France Offshore Rental Equipment Market Forecast, by End-user 13.11.1. Oil and Gas Industry 13.11.2. Marine Engineering 13.11.3. Exploration 13.12. Germany Offshore Rental Equipment Market Forecast, by Equipment 13.12.1. Flow & Pressure 13.12.2. Drilling 13.13. Germany Offshore Rental Equipment Market Forecast, by Application 13.13.1. Lifting Equipment 13.13.2. Pumping Equipment 13.13.3. Drilling Equipment 13.14. Germany Offshore Rental Equipment Market Forecast, by End-user 13.14.1. Oil and Gas Industry 13.14.2. Marine Engineering 13.14.3. Exploration 13.15. Russia Offshore Rental Equipment Market Forecast, by Equipment 13.15.1. Flow & Pressure 13.15.2. Drilling 13.16. Russia Offshore Rental Equipment Market Forecast, by Application 13.16.1. Lifting Equipment 13.16.2. Pumping Equipment 13.16.3. Drilling Equipment 13.17. Russia Offshore Rental Equipment Market Forecast, by End-user 13.17.1. Oil and Gas Industry 13.17.2. Marine Engineering 13.17.3. Exploration 13.18. Italy Offshore Rental Equipment Market Forecast, by Equipment 13.18.1. Flow & Pressure 13.18.2. Drilling 13.19. Italy Offshore Rental Equipment Market Forecast, by Application 13.19.1. Lifting Equipment 13.19.2. Pumping Equipment 13.19.3. Drilling Equipment 13.20. Italy Offshore Rental Equipment Market Forecast, by End-user 13.20.1. Oil and Gas Industry 13.20.2. Marine Engineering 13.20.3. Exploration 13.21. Rest of Europe Offshore Rental Equipment Market Forecast, by Equipment 13.21.1. Flow & Pressure 13.21.2. Drilling 13.22. Rest of Europe Offshore Rental Equipment Market Forecast, by Application 13.22.1. Lifting Equipment 13.22.2. Pumping Equipment 13.22.3. Drilling Equipment 13.23. Rest of Europe Offshore Rental Equipment Market Forecast, by End-user 13.23.1. Oil and Gas Industry 13.23.2. Marine Engineering 13.23.3. Exploration 13.24. PEST Analysis 13.25. Key Trends 13.26. Key Developments 14. Asia-Pacific Offshore Rental Equipment Market Analysis 14.1. Key Findings 14.2. Asia-Pacific Offshore Rental Equipment Market Overview 14.3. Asia- Pacific Offshore Rental Equipment Market Forecast, by Equipment 14.3.1. Flow & Pressure 14.3.2. Drilling 14.4. Asia- Pacific Offshore Rental Equipment Market Forecast, by Application 14.4.1. Lifting Equipment 14.4.2. Pumping Equipment 14.4.3. Drilling Equipment 14.5. Asia- Pacific Offshore Rental Equipment Market Forecast, by End-user 14.5.1. Oil and Gas Industry 14.5.2. Marine Engineering 14.5.3. Exploration 14.6. Asia-Pacific Offshore Rental Equipment Market Forecast, by Country 14.6.1. China 14.6.2. India 14.6.3. Japan 14.6.4. Malaysia 14.6.5. Indonesia 14.6.6. Rest of Asia-Pacific 14.7. China Offshore Rental Equipment Market Forecast, by Equipment 14.7.1. Flow & Pressure 14.7.2. Drilling 14.8. China Offshore Rental Equipment Market Forecast, by Application 14.8.1. Lifting Equipment 14.8.2. Pumping Equipment 14.8.3. Drilling Equipment 14.9. China Offshore Rental Equipment Market Forecast, by End-user 14.9.1. Oil and Gas Industry 14.9.2. Marine Engineering 14.9.3. Exploration 14.10. India Offshore Rental Equipment Market Forecast, by Equipment 14.10.1. Flow & Pressure 14.10.2. Drilling 14.11. India Offshore Rental Equipment Market Forecast, by Application 14.11.1. Lifting Equipment 14.11.2. Pumping Equipment 14.11.3. Drilling Equipment 14.12. India Offshore Rental Equipment Market Forecast, by End-user 14.12.1. Oil and Gas Industry 14.12.2. Marine Engineering 14.12.3. Exploration 14.13. Japan Offshore Rental Equipment Market Forecast, by Equipment 14.13.1. Flow & Pressure 14.13.2. Drilling 14.14. Japan Offshore Rental Equipment Market Forecast, by Application 14.14.1. Lifting Equipment 14.14.2. Pumping Equipment 14.14.3. Drilling Equipment 14.15. Japan Offshore Rental Equipment Market Forecast, by End-user 14.15.1. Oil and Gas Industry 14.15.2. Marine Engineering 14.15.3. Exploration 14.16. Indonesia Offshore Rental Equipment Market Forecast, by Equipment 14.16.1. Flow & Pressure 14.16.2. Drilling 14.17. Indonesia Offshore Rental Equipment Market Forecast, by Application 14.17.1. Lifting Equipment 14.17.2. Pumping Equipment 14.17.3. Drilling Equipment 14.18. Indonesia Offshore Rental Equipment Market Forecast, by End-user 14.18.1. Oil and Gas Industry 14.18.2. Marine Engineering 14.18.3. Exploration 14.19. Malaysia Offshore Rental Equipment Market Forecast, by Equipment 14.19.1. Flow & Pressure 14.19.2. Drilling 14.20. Malaysia Offshore Rental Equipment Market Forecast, by Application 14.20.1. Lifting Equipment 14.20.2. Pumping Equipment 14.20.3. Drilling Equipment 14.21. Malaysia Offshore Rental Equipment Market Forecast, by End-user 14.21.1. Oil and Gas Industry 14.21.2. Marine Engineering 14.21.3. Exploration 14.22. Rest of Asia-Pacific Offshore Rental Equipment Market Forecast, by Equipment 14.22.1. Flow & Pressure 14.22.2. Drilling 14.23. Rest of Asia-Pacific Offshore Rental Equipment Market Forecast, by Application 14.23.1. Lifting Equipment 14.23.2. Pumping Equipment 14.23.3. Drilling Equipment 14.24. Rest of Asia-Pacific Offshore Rental Equipment Market Forecast, by End-user 14.24.1. Oil and Gas Industry 14.24.2. Marine Engineering 14.24.3. Exploration 14.25. Others PEST Analysis 14.26. Key Trends 14.27. Key Developments 15. MEA & Africa Offshore Rental Equipment Market Analysis 15.1. Key Findings 15.2. MEA & Africa Offshore Rental Equipment Market Overview 15.3. MEA & Africa Offshore Rental Equipment Market Forecast, by Equipment 15.3.1. Flow & Pressure 15.3.2. Drilling 15.4. MEA & Africa Offshore Rental Equipment Market Forecast, by Application 15.4.1. Lifting Equipment 15.4.2. Pumping Equipment 15.4.3. Drilling Equipment 15.5. MEA & Africa Offshore Rental Equipment Market Forecast, by End-user 15.5.1. Oil and Gas Industry 15.5.2. Marine Engineering 15.5.3. Exploration 15.6. MEA &Africa Offshore Rental Equipment Market Forecast, by Country 15.6.1. GCC 15.6.2. South Africa 15.6.3. Rest of MEA & Africa 15.7. GCC Offshore Rental Equipment Market Forecast, by Equipment 15.7.1. Flow & Pressure 15.7.2. Drilling 15.8. GCC Offshore Rental Equipment Market Forecast, by Application 15.8.1. Lifting Equipment 15.8.2. Pumping Equipment 15.8.3. Drilling Equipment 15.9. GCC Offshore Rental Equipment Market Forecast, by End-user 15.9.1. Oil and Gas Industry 15.9.2. Marine Engineering 15.9.3. Exploration 15.10. South Africa Offshore Rental Equipment Market Forecast, by Equipment 15.10.1. Flow & Pressure 15.10.2. Drilling 15.11. South Africa Offshore Rental Equipment Market Forecast, by Application 15.11.1. Lifting Equipment 15.11.2. Pumping Equipment 15.11.3. Drilling Equipment 15.12. South Africa Offshore Rental Equipment Market Forecast, by End-user 15.12.1. Oil and Gas Industry 15.12.2. Marine Engineering 15.12.3. Exploration 15.13. Rest of MEA-Africa Offshore Rental Equipment Market Forecast, by Equipment 15.13.1. Flow & Pressure 15.13.2. Drilling 15.14. Rest of MEA-Africa Offshore Rental Equipment Market Forecast, by Application 15.14.1. Lifting Equipment 15.14.2. Pumping Equipment 15.14.3. Drilling Equipment 15.15. Rest of MEA-Africa Offshore Rental Equipment Market Forecast, by End-user 15.15.1. Oil and Gas Industry 15.15.2. Marine Engineering 15.15.3. Exploration 15.16. PEST Analysis 15.17. Key Trends 15.18. Key Developments 16. Latin America Offshore Rental Equipment Market Analysis 16.1. Key Findings 16.2. Latin America Offshore Rental Equipment Market Overview 16.3. Latin America Offshore Rental Equipment Market Forecast, by Equipment 16.3.1. Flow & Pressure 16.3.2. Drilling 16.4. Latin America Offshore Rental Equipment Market Forecast, by Application 16.4.1. Lifting Equipment 16.4.2. Pumping Equipment 16.4.3. Drilling Equipment 16.5. Latin America Offshore Rental Equipment Market Forecast, by End-user 16.5.1. Oil and Gas Industry 16.5.2. Marine Engineering 16.5.3. Exploration 16.6. Latin America Offshore Rental Equipment Market Forecast, by Country 16.6.1. Mexico 16.6.2. Brazil 16.6.3. Rest of Latin America 16.7. Mexico Offshore Rental Equipment Market Forecast, by Equipment 16.7.1. Flow & Pressure 16.7.2. Drilling 16.8. Mexico Offshore Rental Equipment Market Forecast, by Application 16.8.1. Lifting Equipment 16.8.2. Pumping Equipment 16.8.3. Drilling Equipment 16.9. Mexico Offshore Rental Equipment Market Forecast, by End-user 16.9.1. Oil and Gas Industry 16.9.2. Marine Engineering 16.9.3. Exploration 16.10. Brazil Offshore Rental Equipment Market Forecast, by Equipment 16.10.1. Flow & Pressure 16.10.2. Drilling 16.11. Brazil Offshore Rental Equipment Market Forecast, by Application 16.11.1. Lifting Equipment 16.11.2. Pumping Equipment 16.11.3. Drilling Equipment 16.12. Brazil Offshore Rental Equipment Market Forecast, by End-user 16.12.1. Oil and Gas Industry 16.12.2. Marine Engineering 16.12.3. Exploration 16.13. Rest of Latin America Offshore Rental Equipment Market Forecast, by Equipment 16.13.1. Flow & Pressure 16.13.2. Drilling 16.14. Rest of Latin America Offshore Rental Equipment Market Forecast, by Application 16.14.1. Lifting Equipment 16.14.2. Pumping Equipment 16.14.3. Drilling Equipment 16.15. Rest of Latin America Offshore Rental Equipment Market Forecast, by End-user 16.15.1. Oil and Gas Industry 16.15.2. Marine Engineering 16.15.3. Exploration 16.16. PEST Analysis 16.17. Key Trends 16.18. Key Developments 17. Company Profiles 17.1. Market Share Analysis, by Company 17.2. Market Share Analysis, by Region 17.3. Market Share Analysis, by Country 17.4. Competition Matrix 17.4.1. Competitive Benchmarking of key players by price, presence, market share, Raw material and R&D investment 17.4.2. New Raw material Launches and Raw material Enhancements 17.4.2.1. Market Consolidation 17.4.2.2. M&A by Regions, Investment and Raw material 17.4.2.3. M&A Key Players, Forward Integration and Backward Integration 17.5. Company Profiles: Key Players 17.5.1. Weatherford International plc. 17.5.2. Ferguson Group LLC 17.5.3. Ensign Energy Services, Inc. 17.5.4. Norwegian Offshore Rental AS 17.5.5. Superior Energy Services, Inc. 17.5.6. Bois Equipment Rentals BV 17.5.7. Tiger Offshore 17.5.8. ORS

About This Report

Report ID 76144
Category Energy & Power
Published Date October 2020
Updated Date
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