Offshore Rental Equipment Market by Type, End-user, and Geography - Forecast and Analysis 2023-2027

Published: Apr 2023

Pages: 153

SKU: IRTNTR75304

Snapshot

The offshore rental equipment market size is estimated to grow at a CAGR of 6.63% between 2022 and 2027. The market size is forecast to increase by USD 7,956.37 million. The growth of the market depends on several factors, including the increasing demand for oil and gas, the increase in offshore exploration and production activities, and the growing demand for offshore rental equipment in end-user industries.

This offshore rental equipment market report extensively covers market segmentation by type (drill equipment, flow, and pressure equipment), end-user (oil and gas industry, marine engineering, and exploration), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Offshore Rental Equipment Market During the Forecast Period?

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Offshore Rental Equipment Market: Key Drivers, Trends, Challenges, and Customer Landscape

The increasing demand for oil and gas is notably driving the market growth, although factors such as increasing standard regulations for safety may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Offshore Rental Equipment Market Driver

Increasing demand for oil and gas is the key factor driving the growth of the global offshore rental equipment market. Oil and gas are critical components of the global energy mix, and they are utilized for a variety of purposes, such as transportation, power generation, and heating. The offshore rental equipment market is critical to the exploration, drilling, production, and transport of oil and gas from offshore deposits. Population growth, urbanization, and economic development in emerging markets are all on the rise.

As the demand for oil and gas grows, there is a greater need to explore and produce oil and gas. The more challenging offshore settings, such as deepwater and ultra-deepwater reservoirs, the more sophistication of offshore equipment is required. Offshore equipment such as drilling rigs, subsea systems, and pipelines are essential for the efficient and safe exploration and production of oil and gas in offshore sites. Thus, the increasing demand for oil and gas is expected to drive the growth of the global offshore rental equipment market during the forecast period.

Significant Offshore Rental Equipment Market Trends

Increasing demand for offshore rental equipment in the renewable energy industry is the primary trend in the global offshore rental equipment market growth. Increased climate change and depletion of fossil fuel supplies may lead to a shift towards renewable energy sources such as wind, solar, and hydropower during the forecast period. Offshore wind energy is gaining popularity as a potential alternative energy source compared to other energy sources. Additionally, many industries are looking for cost-effective alternatives from offshore rental equipment providers, increasing demand for offshore rental equipment such as cranes, jack-up boats, jack-up platforms, and installation vessels.

With the increasing demand for offshore wind energy, the renewable energy sector as a whole is predicted to increase significantly in the forecast period. This is owing to governments across the world adopting more renewable energy mandates, as well as the dropping costs of renewable energy technologies. This creates a big potential for offshore rental equipment companies to expand their product offerings and capitalize on the growing demand for renewable energy solutions. Thus, increasing demand for renewable energy is one of the major trends for the growth of the global offshore rental equipment market during the forecast period.

Major Offshore Rental Equipment Market Challenge

Increasing standard regulations for safety is a major challenge to the growth of the global offshore rental equipment market. Regulations are in place to protect worker safety, the environment, and the integrity of drilling rigs. While these laws are necessary, they could impact demand for rental equipment and increase the costs associated with offshore drilling. For example, environmental, health and safety (EHS) regulations, occupational health and safety agencies, and other regulations may require equipment used in offshore drilling activities to meet specific safety standards, and such equipment can increase the cost of use.

Furthermore, rules may restrict businesses from employing specific types of equipment or processes, which can limit rental equipment availability and make it more difficult for businesses to find the equipment they require. Regulations can also impact the timing of offshore drilling operations, as they may require businesses to seek permits and approvals before initiating drilling operations. This can cause delays in the drilling process, affecting the demand for rental equipment and raising company costs. Thus, the standard regulations in the extraction process are expected to hamper the growth of the global offshore rental equipment market during the forecast period.

Key Offshore Rental Equipment Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Offshore Rental Equipment Market Customer Landscape

Who are the Major Offshore Rental Equipment Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Atlas Copco AB: The company offers offshore rental equipment solution through its subsidiary Atlas Copco Rental.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Offshore Rental Equipment Market?

The market share growth by the drill equipment segment will be significant during the forecast period. The increasing demand for oil and gas increased the demand for drill equipment as well. According to a statistical report by the American Petroleum Institute (API) in 2022, the demand for petrol in the US increased by 2.9% year over year (YOY) compared with the demand in 2021. Thus, the increase in demand for drilling equipment will drive the growth of the global offshore rental equipment market during the forecast period.

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The drill equipment segment was valued at USD 12,777.84 million in 2017 and continued to grow until 2021. Drilling equipment provides essential equipment for drilling operations in offshore oil and gas exploration and production. The need for modern and effective drilling technology, expanding oil and gas development operations, and the trend toward deepwater drilling all contribute to the need for drilling equipment rentals. A wide range of equipment is included, including drilling fluids, tools, drill motors, drill bits, and drill pipes. These tools are essential in completing offshore drilling projects and are used in a variety of drilling activities including vertical, horizontal, and directional drilling. Such factors will increase segment growth during the forecast period.

Which are the Key Regions for the Offshore Rental Equipment Market?

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North America is estimated to contribute 58% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. North America was the leading offshore rental equipment market in 2022, and this trend is likely to continue during the forecast period due to the region increasing need for energy efficiency. Because of the rising production from both deepwater outcomes and shale activities, the region has emerged as a swing producer or close oligopolistic group.

Due to growing shale gas production, the United States is anticipated to be the leader during the forecast period. Another element that is predicted to have a substantial impact on the regional industry is E&P combined with the development of ultra-deep drilling activity in the Gulf of Mexico region. Technological advancements in product design and functionality are expected to boost industry growth in this region during the forecast period.

In 2020, the offshore rental equipment market in North America witnessed certain challenges owing to the outbreak of COVID-19. However, the initiation of large-scale vaccination drives across North America in Q1 2021 led to the resumption of operations in various industries, such as the oil and gas industry, marine engineering, and exploration. Due to the lifting of lockdown restrictions, businesses started operating, which led to a surge in demand for material handling equipment across all industries, including the oil and gas industry. Thus, the regional offshore rental equipment market is expected to witness growth during the forecast period.

Segment Overview

The offshore rental equipment market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

Type Outlook (USD Million, 2017 - 2027)
- Drill equipment
- Flow
- Pressure equipment

End-User Outlook (USD Million, 2017 - 2027)
- Oil and gas industry
- Marine engineering
- Exploration

Region Outlook (USD Million, 2017 - 2027)
- North America
  - The U.S.
  - Canada
- Europe
  - U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- South America
  - Chile
  - Argentina
  - Brazil
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Parent Market Analysis

Technavio categorizes the global offshore rental equipment market as a part of the global oilfield equipment and services within the global oil and gas market. The global oilfield equipment and services market covers products and companies engaged in upstream exploration and production (E&P) operations, production of equipment or service contracts, and is an important manufacturing sector which caters to the needs of oil and gas upstream sector. Our market research report has extensively covered external factors influencing the parent market growth during the forecast period.

Offshore Rental Equipment Market Scope
Report Coverage	Details
Page number	153
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 6.63%
Market growth 2023-2027	USD 7,956.37 million
Market structure	Fragmented
YoY growth 2022-2023(%)	5.67
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 58%
Key countries	US, Mexico, China, India, and Germany
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	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 Services Ltd., Ensign Energy Services Inc., Halliburton Co., Norwegian Offshore Rental AS, NOV Inc., Offshore Rental and Support, Oil States International Inc., Parker Drilling Co., Schlumberger Ltd., Superior Energy Services Inc., Tiger Offshore Rentals, Weatherford International Plc, and TechnipFMC plc
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Offshore Rental Equipment Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the market between 2023 and 2027
Precise estimation of the market size and its contribution of the market in focus to the parent market
Accurate predictions about upcoming trends and changes in consumer behaviour
Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
Thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of market vendors

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global offshore rental equipment market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global offshore rental equipment market 2017 - 2021 ($ million)

4.2 Type Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

4.3 End-user Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type

6.3 Drill equipment - Market size and forecast 2022-2027
- Exhibit 34: Chart on Drill equipment - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Drill equipment - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Drill equipment - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Drill equipment - Year-over-year growth 2022-2027 (%)

6.4 Flow and pressure equipment - Market size and forecast 2022-2027
- Exhibit 38: Chart on Flow and pressure equipment - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Flow and pressure equipment - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Flow and pressure equipment - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Flow and pressure equipment - Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by Type
- Exhibit 42: Market opportunity by Type ($ million)
- Exhibit 43: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by End-user

7.1 Market segments
- Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)

7.2 Comparison by End-user
- Exhibit 46: Chart on Comparison by End-user
- Exhibit 47: Data Table on Comparison by End-user

7.3 Oil and gas industry - Market size and forecast 2022-2027
- Exhibit 48: Chart on Oil and gas industry - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Data Table on Oil and gas industry - Market size and forecast 2022-2027 ($ million)
- Exhibit 50: Chart on Oil and gas industry - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Oil and gas industry - Year-over-year growth 2022-2027 (%)

7.4 Marine engineering - Market size and forecast 2022-2027
- Exhibit 52: Chart on Marine engineering - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Marine engineering - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Marine engineering - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Marine engineering - Year-over-year growth 2022-2027 (%)

7.5 Exploration - Market size and forecast 2022-2027
- Exhibit 56: Chart on Exploration - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Data Table on Exploration - Market size and forecast 2022-2027 ($ million)
- Exhibit 58: Chart on Exploration - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Exploration - Year-over-year growth 2022-2027 (%)

7.6 Market opportunity by End-user
- Exhibit 60: Market opportunity by End-user ($ million)
- Exhibit 61: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2022-2027 (%)
- Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2022-2027
- Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.4 Europe - Market size and forecast 2022-2027
- Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.5 APAC - Market size and forecast 2022-2027
- Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027
- Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027
- Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 Mexico - Market size and forecast 2022-2027
- Exhibit 91: Chart on Mexico - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on Mexico - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on Mexico - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on Mexico - Year-over-year growth 2022-2027 (%)

9.10 China - Market size and forecast 2022-2027
- Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)

9.11 Germany - Market size and forecast 2022-2027
- Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.12 India - Market size and forecast 2022-2027
- Exhibit 103: Chart on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on India - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 107: Market opportunity by geography ($ million)
- Exhibit 108: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption

11.4 Industry risks
- Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 113: Vendors covered

12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification

12.3 Atlas Copco AB
- Exhibit 115: Atlas Copco AB - Overview
- Exhibit 116: Atlas Copco AB - Business segments
- Exhibit 117: Atlas Copco AB - Key news
- Exhibit 118: Atlas Copco AB - Key offerings
- Exhibit 119: Atlas Copco AB - Segment focus

12.4 BESTWAY OILFIELDS FZCO
- Exhibit 120: BESTWAY OILFIELDS FZCO - Overview
- Exhibit 121: BESTWAY OILFIELDS FZCO - Product / Service
- Exhibit 122: BESTWAY OILFIELDS FZCO - Key offerings

12.5 Bois Equipment Rentals BV
- Exhibit 123: Bois Equipment Rentals BV - Overview
- Exhibit 124: Bois Equipment Rentals BV - Product / Service
- Exhibit 125: Bois Equipment Rentals BV - Key offerings

12.6 China Oilfield Services Ltd.
- Exhibit 126: China Oilfield Services Ltd. - Overview
- Exhibit 127: China Oilfield Services Ltd. - Business segments
- Exhibit 128: China Oilfield Services Ltd. - Key offerings
- Exhibit 129: China Oilfield Services Ltd. - Segment focus

12.7 Ensign Energy Services Inc.
- Exhibit 130: Ensign Energy Services Inc. - Overview
- Exhibit 131: Ensign Energy Services Inc. - Business segments
- Exhibit 132: Ensign Energy Services Inc. - Key offerings
- Exhibit 133: Ensign Energy Services Inc. - Segment focus

12.8 Halliburton Co.
- Exhibit 134: Halliburton Co. - Overview
- Exhibit 135: Halliburton Co. - Business segments
- Exhibit 136: Halliburton Co. - Key news
- Exhibit 137: Halliburton Co. - Key offerings
- Exhibit 138: Halliburton Co. - Segment focus

12.9 Norwegian Offshore Rental AS
- Exhibit 139: Norwegian Offshore Rental AS - Overview
- Exhibit 140: Norwegian Offshore Rental AS - Product / Service
- Exhibit 141: Norwegian Offshore Rental AS - Key offerings

12.10 Offshore Rental and Support
- Exhibit 142: Offshore Rental and Support - Overview
- Exhibit 143: Offshore Rental and Support - Product / Service
- Exhibit 144: Offshore Rental and Support - Key offerings

12.11 Oil States International Inc.
- Exhibit 145: Oil States International Inc. - Overview
- Exhibit 146: Oil States International Inc. - Business segments
- Exhibit 147: Oil States International Inc. - Key offerings
- Exhibit 148: Oil States International Inc. - Segment focus

12.12 Parker Drilling Co.
- Exhibit 149: Parker Drilling Co. - Overview
- Exhibit 150: Parker Drilling Co. - Product / Service
- Exhibit 151: Parker Drilling Co. - Key offerings

12.13 Schlumberger Ltd.
- Exhibit 152: Schlumberger Ltd. - Overview
- Exhibit 153: Schlumberger Ltd. - Business segments
- Exhibit 154: Schlumberger Ltd. - Key news
- Exhibit 155: Schlumberger Ltd. - Key offerings
- Exhibit 156: Schlumberger Ltd. - Segment focus

12.14 Superior Energy Services Inc.
- Exhibit 157: Superior Energy Services Inc. - Overview
- Exhibit 158: Superior Energy Services Inc. - Business segments
- Exhibit 159: Superior Energy Services Inc. - Key offerings
- Exhibit 160: Superior Energy Services Inc. - Segment focus

12.15 TechnipFMC plc
- Exhibit 161: TechnipFMC plc - Overview
- Exhibit 162: TechnipFMC plc - Business segments
- Exhibit 163: TechnipFMC plc - Key news
- Exhibit 164: TechnipFMC plc - Key offerings
- Exhibit 165: TechnipFMC plc - Segment focus

12.16 Tiger Offshore Rentals
- Exhibit 166: Tiger Offshore Rentals - Overview
- Exhibit 167: Tiger Offshore Rentals - Product / Service
- Exhibit 168: Tiger Offshore Rentals - Key offerings

12.17 Weatherford International Plc
- Exhibit 169: Weatherford International Plc - Overview
- Exhibit 170: Weatherford International Plc - Business segments
- Exhibit 171: Weatherford International Plc - Key news
- Exhibit 172: Weatherford International Plc - Key offerings
- Exhibit 173: Weatherford International Plc - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 174: Inclusions checklist
- Exhibit 175: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 176: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 177: Research methodology
- Exhibit 178: Validation techniques employed for market sizing
- Exhibit 179: Information sources

13.5 List of abbreviations
- Exhibit 180: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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