Study: Oilfield Equipment Rental Market Expected to Reach $53,706 Million by 2019

Rising energy demand is increasing the oil and gas E&P (exploration & production) and drilling activities globally which in turn is driving the rental equipment market.

January 28, 2015

Virtual-Strategy Magazine

The market study of Oilfield Equipment Rental Global Trends and Forecasts to 2019 defines and segments the market with regional forecast and segment revenue estimates through to 2019. Top market players from the industry segment have been studies in order to track developments, technologies and other key business strategies. It will grow from an estimated $ 26,818 million in 2014 to $53,706 million by 2019 with a CAGR of 14.9% from 2014 to 2019.

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