What is the study period of Offshore Rental Equipment Market market?

The offshore rental equipment market is studied from 2018-2028. <a href='https://www.technavio.com/report/offshore-rental-equipment-market-analysis'>Read More</a>

Which region is expected to show the highest market share in the Offshore Rental Equipment Market market?

North America is to show the highest market share with 62% contribution. <a href='https://www.technavio.com/report/offshore-rental-equipment-market-analysis'>Read More</a>

What are the major market players covered in the report?

Aquaterra Energy Ltd., Ashtead technology Ltd., Atlas Copco AB, Baker Hughes Co., BESTWAY OILFIELDS FZCO, Bois Equipment Rentals BV, Certified Oilfield Rentals LLC, China Oilfield .... <a href='https://www.technavio.com/report/offshore-rental-equipment-market-analysis'>Read More</a>

What is the current size of the Offshore Rental Equipment Market market?

offshore rental equipment market will increase $ 8632.1 mn during 2024-2028. <a href='https://www.technavio.com/report/offshore-rental-equipment-market-analysis'>Read More</a>

What is the Year-Over-Year Growth Rate of Market 2024-2028?

6.23% is the year-over-year Growth of Market. <a href='https://www.technavio.com/report/offshore-rental-equipment-market-analysis'>Read More</a>

Offshore Rental Equipment Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Mexico, Germany, China, India - Size and Forecast 2024-2028

Published: Aug 2024
Pages: 160
SKU: IRTNTR75304

Enjoy complimentary customisation on priority with our Enterprise License!

Offshore Rental Equipment Market Size 2024-2028

The offshore rental equipment market size is forecast to increase by USD 8.63 billion, at a CAGR of 6.78% between 2023 and 2028. The growth of the market is driven by several key factors including there is a rising demand for oil and gas, which fuels increased offshore exploration and production activities. This surge in exploration and production heightens the need for specialized offshore rental equipment across various end-user industries. The expansion of offshore operations requires advanced and reliable equipment to support drilling, extraction, and maintenance tasks. Additionally, advancements in technology and growing investments in offshore projects further bolster market growth. As industries seek to enhance operational efficiency and meet rising energy demands, the market for offshore rental equipment continues to expand, reflecting a positive outlook and robust growth potential.

What will be the size of the Market During the Forecast Period?

To learn more about this report, View Report Sample

Market Dynamics and Customer Landscape

The market is a significant segment of the energy sector, catering to the exploration and production activities in various regions. This market focuses on the rental of machinery and equipment used in oilfield extraction, including drilling rigs, pumps, valves, tubes, drill bits, wireline tools, and blowout preventers. The market is driven by the increasing duration of drilling operations in deepwater and harsh environments, which necessitates the use of advanced technology equipment. The market encompasses traditional equipment used in oilfield drilling and extraction, as well as new technologies such as horizontal drilling. The market is further segmented into Exploration and Production (E&P) of Shale gas, Coal bed methane, Tight gas, Heavy oil, and Renewable energy. Key equipment types include drilling rigs, pumps, valves, tubes, drill bits, wireline tools, and blowout preventers.

Key Market Driver

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market

2.2 Market characteristics
- Market characteristics analysis

2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition

3.2 Market segment analysis
- Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Offshore Rental Equipment Market 2018 - 2022
- Historic Market Size - Data Table on Global Offshore Rental Equipment Market 2018 - 2022 ($ million)

4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)

4.3 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)

4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)

4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028

5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)

6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type

6.3 Drill equipment - Market size and forecast 2023-2028
- Chart on Drill equipment - Market size and forecast 2023-2028 ($ million)
- Data Table on Drill equipment - Market size and forecast 2023-2028 ($ million)
- Chart on Drill equipment - Year-over-year growth 2023-2028 (%)
- Data Table on Drill equipment - Year-over-year growth 2023-2028 (%)

6.4 Flow and pressure equipment - Market size and forecast 2023-2028
- Chart on Flow and pressure equipment - Market size and forecast 2023-2028 ($ million)
- Data Table on Flow and pressure equipment - Market size and forecast 2023-2028 ($ million)
- Chart on Flow and pressure equipment - Year-over-year growth 2023-2028 (%)
- Data Table on Flow and pressure equipment - Year-over-year growth 2023-2028 (%)

6.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by End-user

7.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)

7.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user

7.3 Oil and gas industry - Market size and forecast 2023-2028
- Chart on Oil and gas industry - Market size and forecast 2023-2028 ($ million)
- Data Table on Oil and gas industry - Market size and forecast 2023-2028 ($ million)
- Chart on Oil and gas industry - Year-over-year growth 2023-2028 (%)
- Data Table on Oil and gas industry - Year-over-year growth 2023-2028 (%)

7.4 Marine engineering - Market size and forecast 2023-2028
- Chart on Marine engineering - Market size and forecast 2023-2028 ($ million)
- Data Table on Marine engineering - Market size and forecast 2023-2028 ($ million)
- Chart on Marine engineering - Year-over-year growth 2023-2028 (%)
- Data Table on Marine engineering - Year-over-year growth 2023-2028 (%)

7.5 Exploration - Market size and forecast 2023-2028
- Chart on Exploration - Market size and forecast 2023-2028 ($ million)
- Data Table on Exploration - Market size and forecast 2023-2028 ($ million)
- Chart on Exploration - Year-over-year growth 2023-2028 (%)
- Data Table on Exploration - Year-over-year growth 2023-2028 (%)

7.6 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison

9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)

9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)

9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)

9.9 Mexico - Market size and forecast 2023-2028
- Chart on Mexico - Market size and forecast 2023-2028 ($ million)
- Data Table on Mexico - Market size and forecast 2023-2028 ($ million)
- Chart on Mexico - Year-over-year growth 2023-2028 (%)
- Data Table on Mexico - Year-over-year growth 2023-2028 (%)

9.10 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)

9.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.12 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028

10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview

11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation

11.3 Landscape disruption
- Overview on factors of disruption

11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered

12.2 Market positioning of companies
- Matrix on companies position and classification

12.3 Atlas Copco AB
- Atlas Copco AB - Overview
- Atlas Copco AB - Business segments
- Atlas Copco AB - Key news
- Atlas Copco AB - Key offerings
- Atlas Copco AB - Segment focus

12.4 BESTWAY OILFIELDS FZCO
- BESTWAY OILFIELDS FZCO - Overview
- BESTWAY OILFIELDS FZCO - Product / Service
- BESTWAY OILFIELDS FZCO - Key offerings

12.5 Bois Equipment Rentals BV
- Bois Equipment Rentals BV - Overview
- Bois Equipment Rentals BV - Product / Service
- Bois Equipment Rentals BV - Key offerings

12.6 China Oilfield Services Ltd.
- China Oilfield Services Ltd. - Overview
- China Oilfield Services Ltd. - Business segments
- China Oilfield Services Ltd. - Key offerings
- China Oilfield Services Ltd. - Segment focus

12.7 Ensign Energy Services Inc.
- Ensign Energy Services Inc. - Overview
- Ensign Energy Services Inc. - Business segments
- Ensign Energy Services Inc. - Key offerings
- Ensign Energy Services Inc. - Segment focus

12.8 Halliburton Co.
- Halliburton Co. - Overview
- Halliburton Co. - Business segments
- Halliburton Co. - Key news
- Halliburton Co. - Key offerings
- Halliburton Co. - Segment focus

12.9 Norwegian Offshore Rental AS
- Norwegian Offshore Rental AS - Overview
- Norwegian Offshore Rental AS - Product / Service
- Norwegian Offshore Rental AS - Key offerings

12.10 Offshore Rental and Support
- Offshore Rental and Support - Overview
- Offshore Rental and Support - Product / Service
- Offshore Rental and Support - Key offerings

12.11 Oil States International Inc.
- Oil States International Inc. - Overview
- Oil States International Inc. - Business segments
- Oil States International Inc. - Key offerings
- Oil States International Inc. - Segment focus

12.12 Parker Drilling Co.
- Parker Drilling Co. - Overview
- Parker Drilling Co. - Product / Service
- Parker Drilling Co. - Key offerings

12.13 Schlumberger Ltd.
- Schlumberger Ltd. - Overview
- Schlumberger Ltd. - Business segments
- Schlumberger Ltd. - Key news
- Schlumberger Ltd. - Key offerings
- Schlumberger Ltd. - Segment focus

12.14 Superior Energy Services Inc.
- Superior Energy Services Inc. - Overview
- Superior Energy Services Inc. - Business segments
- Superior Energy Services Inc. - Key offerings
- Superior Energy Services Inc. - Segment focus

12.15 TechnipFMC plc
- TechnipFMC plc - Overview
- TechnipFMC plc - Business segments
- TechnipFMC plc - Key news
- TechnipFMC plc - Key offerings
- TechnipFMC plc - Segment focus

12.16 Tiger Offshore Rentals
- Tiger Offshore Rentals - Overview
- Tiger Offshore Rentals - Product / Service
- Tiger Offshore Rentals - Key offerings

12.17 Weatherford International Plc
- Weatherford International Plc - Overview
- Weatherford International Plc - Business segments
- Weatherford International Plc - Key news
- Weatherford International Plc - Key offerings
- Weatherford International Plc - Segment focus

13 Appendix