Worldwide Oil and Gas Logistics Market Growth Analysis in Coming Years: MarketResearchReports.Biz

MarketResearchReports.Biz has announced addition of new report “Global Oil And Gas Logistics Market 2016-2020” to its database.

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Albany, NY -- (SBWire) -- 01/12/2017 --About Oil and Gas Companies

Oil and gas companies work in complex and dynamic settings where they face continuous challenges, particularly in terms of supply and demand. With the ongoing oil prices at historic lows, it has become imperative for oil and gas companies to evaluate their supply chain and outsource their logistics and transportation activities to logistics firm for better procurement and cost savings. The oil and gas logistics is not just about focus on the product supply chains, but it also deals with the non-hydrocarbon supply chains, which include handling of the heavy equipment, spare parts, and other requisite materials and services required to run the oil and gas business. The delivery of the equipment and services is critical to find, extract, refine, and market the oil and gas. Procurement and supply chain involves huge costs and is set to be of critical importance for oil and gas companies, especially with the current (2015-2016) sliding of oil prices.

Technavios analysts forecast the global oil and gas logistics market to grow at a CAGR of 6.62% during the period 2016-2020.

View Full Report at http://www.marketresearchreports.biz/analysis/775759

Covered in this report

The report covers the present scenario and the growth prospects of the global oil and gas logistics market for 2016-2020. To calculate the market size, the report considers the revenue generated by third-party logistics for providing a full range of onshore and offshore services.

The market is divided into the following segments based on geography:

Americas
APAC
EMEA

Technavio's report, Global Oil and Gas Logistics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Agility
BDP International
DB Schenker
Deutsche Post DHL
Kuehne + Nagel
Neovia Logistics Services

Other prominent vendors
ASCO
CEVA Logistics
CH Robinson
Expeditors International of Washington
GAC Logistics
Panalpina
Ryder Systems
UPS Supply Chain

Market driver
Demand for contract logistics services
For a full, detailed list, view our report

Market challenge
Expected decline in upstream investments
For a full, detailed list, view our report

Market trend
Advances in technology to provide high-end logistics and supply chain solutions
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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View this press release online at: http://rwire.com/759540