Global Upstream Services Market Report by Type (Pressure Pumping), by Well Type (Land and offshore), and by Region - Forecast to 2027
Pune, India -- (SBWIRE) -- 06/09/2017 -- Market Scenario
Reviving fossil fuel demand is expected to result in a rise in demand for the Upstream Services market. The oil and gas industry has been experiencing severe revenue contraction post April 2014, following oil price decline. Persistent price downfall had a profound impact on the investments in the oil & gas industry, particularly the upstream sector. However, recent adjustments the oil prices have instigated a positive outlook for this industry. Changes in demand-supply dynamics is expected to induce a rise in the number of oil wells, thereby driving the upstream services market. Increasing demand for oil and gas is also expected to fuel the demand in the upstream services market.
The upstream services market is categorized as follows:
On the basis of types of services into pressure pumping, tubular goods, waste management, coiled tubing, completion, intervention, well fluids, and wireline.
On the basis of type of wells, the market has been segmented as land and offshore
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Study Objective of Upstream Services Market
To provide insights about factors affecting the market growth
To Analyze the Upstream Services based on various factors- price analysis, supply chain analysis, Porters five force analysis.
To provide historical and forecast revenue of the market segments and sub-segments with respect to six main geographies and their countries- North America, Europe, Asia-Pacific, South America, Middle East, and Africa
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segment by type, by well type and by region
To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, and new product developments in the global Upstream Services market
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Regional Analysis of Upstream Services Market:
North America is currently leading this market with their shale gas revolution boosting the market. Asia-pacific regions accounts for a considerable portion of oil and gas demand and is expected to have a significant impact on the growth & development in the upstream services market.
The reports also cover brief analysis of Geographical Region including:
-Rest Of South America
-Rest Of Europe
-Rest of Asia-Pacific
-Rest Of Middle East
-Rest Of Africa