Oilfield Equipment Rental Industry 2017 Market Insights, Opportunities, Analysis, Growth Potential and Forecast to 2022
According to Stratistics MRC, the Oilfield Equipment Rental Market is estimated at $27,450 million in 2015 and is expected to reach $91,850 million by 2022 growing at a CAGR of 18.8% from 2015 to 2022. The factors fueling the market include rising demand for power, advanced drilling techniques, increasing exploration and production activities. Hesitation in oil & gas industry and regional disparities are the factors limiting the market growth. The opportunity for the market growth lies in U.S. shale mining...
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