Pressure Pumping Market Analysis North America,Middle East and Africa,Europe,APAC,South America - US,Canada,United Arab Emirates,Saudi Arabia,China - Size and Forecast 2023-2027

Published: Feb 2023 Pages: 168 SKU: IRTNTR71339

Pressure Pumping Market Forecast 2023-2027

The pressure pumping market is estimated to grow by USD 5.56 billion at a CAGR of 3.49% between 2022 and 2027. The rising investments in oil and gas E&P activities, driven by the recovery in oil prices and the need to replace declining reserves, are driving market growth by increasing exploration and drilling activities. The increasing global rig activity, driven by the exploration of new reserves and the development of existing ones, is also boosting market expansion. Additionally, the increasing focus on unconventional oil and gas E&P activities, such as shale gas and tight oil, is driving demand for new technologies and driving market growth. Overall, these factors are driving the growth of the oil and gas E&P market and driving innovations in the sector.

What will be the size of the Market During the Forecast Period?

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Market Segmentation

This report extensively covers market segmentation by type (hydraulic fracturing, cementing, and others), application (horizontal well and vertical well), and geography (North America, Middle East and Africa, Europe, APAC, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

By Type

The market share growth of the hydraulic fracturing segment will be significant during the forecast period. Hydraulic fracturing is the process of injecting a pressurized mixture of water, sand, and chemicals into the bedrock formation. The process helps in creating new fractures in the rock and increasing the size of the old ones. Hydraulic fracturing eases the drilling process and also helps in rejuvenating presumed empty wells.

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The hydraulic fracturing segment was valued at USD 22.93 billion in 2017. Using pressure pumping services for hydraulic fracturing has various advantages. For instance, it reduces asphalt deposition in the wells, increases the effective drainage area, and reduces the required number of wells necessary to drain an area. These factors are expected to drive the growth of the market in focus during the forecast period.

By Region

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North America is estimated to contribute 31% 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. The US is one of the largest refiners and consumers of crude oil globally. The US and Canada are the major adopters of oil and gas drilling activities in North America. Major oil and gas companies in Canada are increasing unconventional E&P activities by exploring the oil sands in Duvernay and Montney formations to compete with the US shale plays. Canada is the second largest adopter of unconventional oil and gas drilling in North America, as large oil and gas companies are investing in unconventional E&P activities in Canada.

The rise in the number of active rigs in North America, supported by the increase in oil and gas consumption, will fuel the growth of oil and gas production. The increase in E&P activities and large investments being made toward such activities will support the growth of the water-based drilling and completion fluids market in North America during the forecast period.

Market Dynamics and Customer Landscape

The market plays a crucial role in various industries, including power generation, transportation, and household activities, as well as in wastewater treatment plants. With the increasing demand for water and the scarcity of this vital resource, pressure pumping technologies are essential for efficient water management. Technological breakthroughs, such as electric-powered fracturing pumps and real-time data analytics powered by artificial intelligence, are revolutionizing the industry. Pressure pumping is particularly important in exploration and production operations, especially in shale gas and hydraulic fracturing operations. As environmental concerns grow, the industry is focusing on sustainable solutions to minimize the impact of chemicals in fracturing fluids and to ensure responsible operations, especially in environmentally sensitive areas like the Arctic region. 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 Market Driver

The rising investments in oil and gas E&P activities are notably driving market growth. Urbanization and industrialization in developing nations are expected to drive up liquid fuel consumption, with countries like China and India being among the world's largest fuel consumers. This trend underscores the importance of strategic activities, investments, technological breakthroughs, real-time data analytics, and artificial intelligence in managing and optimizing liquid fuel consumption in these regions. To meet this rising demand, major oil and gas companies are investing in new Energy and Power (E&P) projects. In 2021, global investment in upstream oil and gas projects, totaling USD 367 billion, increased by approximately 10% compared to 2020, largely due to growth in the US shale sector. Key players like Chevron Corporation, Exxon Mobil Corporation, and ConocoPhillips Company are ramping up investments and planning Strategic Activities in shale, a trend likely to continue in the coming years, fueling market growth.

 

Significant Market Trend

The use of supercritical carbon dioxide in shale gas fracking is the key trend in the market. Hydraulic fracturing, also known as fracking, is a well-stimulating process that uses huge amounts of water, sand, and chemicals to open the pores of the rock formation, creating a path for crude oil and natural gas to flow into the well. A large amount of freshwater is required to carry out hydraulic fracturing in wells. Shale gas formations require fracking of the sedimentary rock to release natural gas into the well.

Non-aqueous fracking fluids like supercritical carbon dioxide have been successfully tested as a replacement for water. By injecting carbon dioxide through pressurized pumps into shale rock instead of water, this technology decreases the dependence on millions of gallons of freshwater. The use of supercritical carbon dioxide will lead to increased gas production while lowering the environmental impact. This is a major technological innovation in oilfield services and will greatly help reduce water consumption for fracturing activities. This trend is expected to drive the growth of the market in focus during the forecast period.

Major Market Challenge

The risk associated with drilling activities is the major challenge impeding market growth. Though hydraulic fracturing has advantages that support increased oil and gas production, it is not free from environmental concerns related to methane leaks and water pollution during fracking. It is a potential threat to the entire process.

Violation of laws or international mandates due to oil spillage or any oil-related products into the environment entails penalties. These penalties vary significantly at regional as well as international levels. Therefore, oil and gas upstream companies increased their focus on safety. 

Health concerns among individuals exposed to the drilling environment are another challenge for drilling activities. Inhaling the vapors or allowing direct contact with the drilling fluids can lead to severe health issues, as drilling fluids contain a mixture of chemicals. Thus, environmental and health concerns during drilling can hinder the growth of E&P activities in the oil and gas industry. This will directly affect the growth of the market during the forecast period.

Key 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 Pressure Pumping Market Customer Landscape

Who are the Major Pressure Pumping Market Companies?

Companies 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.

SPP Pumps Ltd. - The company operates under one segment. Under this segment, the company is involved in the manufacturing of centrifugal pumps and systems. The company offers pressure pumping solutions that specialize in jetting, paint removal, and rust removal, but can be useful to a huge variety of applications, especially if the mobility of the unit is a factor.

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

  • Halliburton Co.
  • ITT Inc.
  • KAMAT GmbH and Co. KG
  • KSB SE and Co. KGaA
  • LEWA GmbH
  • MAXIMATOR GmbH
  • NOV Inc.
  • Patterson UTI Energy Inc.
  • RPC Inc.
  • Sam Turbo Industry Pvt. Ltd.
  • Schlumberger Ltd.
  • Sulzer Management Ltd.
  • Superior Energy Services Inc.
  • Trican Well Service Ltd.
  • Weatherford International Plc

Qualitative and quantitative analysis of companies 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 companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The 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 
    • Hydraulic fracturing
    • Cementing
    • Others
  • Application Outlook 
    • Horizontal well
    • Vertical well
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Brazil
      • Argentina

Market Analyst Overview

The market is witnessing significant growth due to various factors such as gas and oil consumption, population expansion, and developing economies. As primary energy demand rises, so does the need for efficient water and wastewater plants. Technologies like rotating impellers and output valves are crucial for operations in this sector. The market benefits from tax breaks and subsidies, enabling infrastructure development spending in emerging markets. Companies focus on collaboration and offering cost-effective items for the upstream oil and gas sector. Advanced solutions like artificial lift and enhanced hydraulic fracturing systems cater to the evolving needs of the industry, ensuring efficient production optimization and formation evaluation.

The market is crucial for addressing challenges like water scarcity and rising water needs in various industries. It plays a vital role in tight oil production and the extraction of unconventional resources. As oil and gas deposits become more challenging to access, advanced oil and gas exploration techniques rely on pressure pumps for efficient operations. Companies offering exploration and production activities focus on innovative directional drilling and diverse product lines to meet the industry's demands. Technologies such as hydrocarbon detection and geological data management are integral for successful operations. Well building, stimulation, and intervention services are essential for maintaining well integrity and optimizing production. The market also offers solutions for well-bore placement and sand control, along with services like well completion, testing, and interpretation to ensure operational efficiency. Integrated project management services further enhance the sector's productivity and sustainability.

 Market Scope

Report Coverage

Details

Page number

168

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 3.49%

Market growth 2023-2027

USD 5.56 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

2.91

Regional analysis

North America, Middle East and Africa, Europe, APAC, and South America

Performing market contribution

North America at 31%

Key countries

US, Canada, United Arab Emirates, Saudi Arabia, and China

Competitive landscape

Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

Baker Hughes Co., Calfrac Well Services Ltd., Danfoss AS, Flowserve Corp., Halliburton Co., ITT Inc., KAMAT GmbH and Co. KG, KSB SE and Co. KGaA, LEWA GmbH, MAXIMATOR GmbH, NOV Inc., Patterson UTI Energy Inc., RPC Inc., Sam Turbo Industry Pvt. Ltd., Schlumberger Ltd., SPP Pumps Ltd., Sulzer Management Ltd., Superior Energy Services Inc., Trican Well Service Ltd., and Weatherford International Plc

Market dynamics

Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our market 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 Market Research Report?

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

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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 Application
    • 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 pressure pumping market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global pressure pumping market 2017 - 2021 ($ million)
    • 4.2 Type Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.3 Application Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Application 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 Hydraulic fracturing - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Hydraulic fracturing - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Hydraulic fracturing - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Hydraulic fracturing - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Hydraulic fracturing - Year-over-year growth 2022-2027 (%)
    • 6.4 Cementing - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Cementing - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Cementing - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Cementing - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Cementing - Year-over-year growth 2022-2027 (%)
    • 6.5 Others - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Type
      • Exhibit 46: Market opportunity by Type ($ million)
      • Exhibit 47: Data Table on Market opportunity by Type ($ million)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 48: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 49: Data Table on Application - Market share 2022-2027 (%)
    • 7.2 Comparison by Application
      • Exhibit 50: Chart on Comparison by Application
      • Exhibit 51: Data Table on Comparison by Application
    • 7.3 Horizontal well - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Horizontal well - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Horizontal well - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Horizontal well - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Horizontal well - Year-over-year growth 2022-2027 (%)
    • 7.4 Vertical well - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Vertical well - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Vertical well - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Vertical well - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Vertical well - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Application
      • Exhibit 60: Market opportunity by Application ($ million)
      • Exhibit 61: Data Table on Market opportunity by Application ($ 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 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 APAC - Market size and forecast 2022-2027
      • Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on South America - 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 Canada - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.10 United Arab Emirates - Market size and forecast 2022-2027
      • Exhibit 95: Chart on United Arab Emirates - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on United Arab Emirates - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on United Arab Emirates - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on United Arab Emirates - Year-over-year growth 2022-2027 (%)
    • 9.11 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.12 Saudi Arabia - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on Saudi Arabia - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Saudi Arabia - 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 Baker Hughes Co.
              • Exhibit 115: Baker Hughes Co. - Overview
              • Exhibit 116: Baker Hughes Co. - Business segments
              • Exhibit 117: Baker Hughes Co. - Key news
              • Exhibit 118: Baker Hughes Co. - Key offerings
              • Exhibit 119: Baker Hughes Co. - Segment focus
            • 12.4 Danfoss AS
              • Exhibit 120: Danfoss AS - Overview
              • Exhibit 121: Danfoss AS - Business segments
              • Exhibit 122: Danfoss AS - Key news
              • Exhibit 123: Danfoss AS - Key offerings
              • Exhibit 124: Danfoss AS - Segment focus
            • 12.5 Flowserve Corp.
              • Exhibit 125: Flowserve Corp. - Overview
              • Exhibit 126: Flowserve Corp. - Business segments
              • Exhibit 127: Flowserve Corp. - Key news
              • Exhibit 128: Flowserve Corp. - Key offerings
              • Exhibit 129: Flowserve Corp. - Segment focus
            • 12.6 Halliburton Co.
              • Exhibit 130: Halliburton Co. - Overview
              • Exhibit 131: Halliburton Co. - Business segments
              • Exhibit 132: Halliburton Co. - Key news
              • Exhibit 133: Halliburton Co. - Key offerings
              • Exhibit 134: Halliburton Co. - Segment focus
            • 12.7 ITT Inc.
              • Exhibit 135: ITT Inc. - Overview
              • Exhibit 136: ITT Inc. - Business segments
              • Exhibit 137: ITT Inc. - Key offerings
              • Exhibit 138: ITT Inc. - Segment focus
            • 12.8 KAMAT GmbH and Co. KG
              • Exhibit 139: KAMAT GmbH and Co. KG - Overview
              • Exhibit 140: KAMAT GmbH and Co. KG - Product / Service
              • Exhibit 141: KAMAT GmbH and Co. KG - Key offerings
            • 12.9 KSB SE and Co. KGaA
              • Exhibit 142: KSB SE and Co. KGaA - Overview
              • Exhibit 143: KSB SE and Co. KGaA - Business segments
              • Exhibit 144: KSB SE and Co. KGaA - Key offerings
              • Exhibit 145: KSB SE and Co. KGaA - Segment focus
            • 12.10 LEWA GmbH
              • Exhibit 146: LEWA GmbH - Overview
              • Exhibit 147: LEWA GmbH - Product / Service
              • Exhibit 148: LEWA GmbH - Key offerings
            • 12.11 MAXIMATOR GmbH
              • Exhibit 149: MAXIMATOR GmbH - Overview
              • Exhibit 150: MAXIMATOR GmbH - Product / Service
              • Exhibit 151: MAXIMATOR GmbH - Key offerings
            • 12.12 NOV Inc.
              • Exhibit 152: NOV Inc. - Overview
              • Exhibit 153: NOV Inc. - Business segments
              • Exhibit 154: NOV Inc. - Key offerings
              • Exhibit 155: NOV Inc. - Segment focus
            • 12.13 Sam Turbo Industry Pvt. Ltd.
              • Exhibit 156: Sam Turbo Industry Pvt. Ltd. - Overview
              • Exhibit 157: Sam Turbo Industry Pvt. Ltd. - Product / Service
              • Exhibit 158: Sam Turbo Industry Pvt. Ltd. - Key offerings
            • 12.14 Schlumberger Ltd.
              • Exhibit 159: Schlumberger Ltd. - Overview
              • Exhibit 160: Schlumberger Ltd. - Business segments
              • Exhibit 161: Schlumberger Ltd. - Key news
              • Exhibit 162: Schlumberger Ltd. - Key offerings
              • Exhibit 163: Schlumberger Ltd. - Segment focus
            • 12.15 SPP Pumps Ltd.
              • Exhibit 164: SPP Pumps Ltd. - Overview
              • Exhibit 165: SPP Pumps Ltd. - Product / Service
              • Exhibit 166: SPP Pumps Ltd. - Key offerings
            • 12.16 Sulzer Management Ltd.
              • Exhibit 167: Sulzer Management Ltd. - Overview
              • Exhibit 168: Sulzer Management Ltd. - Business segments
              • Exhibit 169: Sulzer Management Ltd. - Key news
              • Exhibit 170: Sulzer Management Ltd. - Key offerings
              • Exhibit 171: Sulzer Management Ltd. - Segment focus
            • 12.17 Weatherford International Plc
              • Exhibit 172: Weatherford International Plc - Overview
              • Exhibit 173: Weatherford International Plc - Business segments
              • Exhibit 174: Weatherford International Plc - Key news
              • Exhibit 175: Weatherford International Plc - Key offerings
              • Exhibit 176: Weatherford International Plc - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 177: Inclusions checklist
                • Exhibit 178: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 179: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 180: Research methodology
                • Exhibit 181: Validation techniques employed for market sizing
                • Exhibit 182: Information sources
              • 13.5 List of abbreviations
                • Exhibit 183: List of abbreviations

              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

              PURCHASE FULL REPORT OF

              pressure pumping market market

              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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