The oil and gas industry has attracted several cash investments over the past decade, which have fueled the growth of the global oil rigs and oilfields market. The demand in the global rigs and oilfields mats market has increased due to advancements in the oil and gas industry. Furthermore, the presence of established vendors who know the business dynamics of the market has also propelled the market demand. A lucrative oil and gas industry is expected to emerge over the next few years, which in turn could improve the growth prospects of the rigs and oilfields market.
MARKET SCOPE
The "Global Rigs and Oilfield Mats Market Analysis to 2028" is a specialized and in-depth study of the rigs and oilfield mats industry with a focus on the global market trend. The report aims to provide an overview of global rigs and oilfield mats market with detailed market segmentation by type, and location. The global rigs and oilfield mats market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of type, the market is segmented into Steel, Wood, Composite, Others.
- On the basis of location, the market is segmented into Onshore, Offshore.
The global rigs and oilfield mats market is segmented on the basis of type, and location.
MARKET DYNAMICS
Drivers:
- -
- The enactment of government regulations on exploration activities will boost the market for rigs and oilfield mats in the forecast period.
- The installation of rigs and oilfield mats depends on factors such as surface size and carrying capacity. The adaptation, therefore, makes the installation of rigs and oilfield mats expensive. This can create a barrier to the global market for rigs and oilfields mats.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The automotive connector's market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the automotive connector's market in these regions.
IMPACT OF COVID-19
Governments of several countries around the world have imposed severe blockades to limit the spread of the coronavirus. The movement of people and economic activities related to goods and services, have stopped due to the lockdown. The offer was unable to adapt to the decline in consumption. This has led to a significant accumulation of crude oil and gas in storage. Low prices and an unprecedented drop in demand hit the upstream sector in regions with unfavorable manufacturing economies. Rigs and oilfield mats are used in the oil and gas industry. Therefore, holding back investments in new exploration projects hampers the global market for rigs and oilfield mats.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The automotive connector's market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the automotive connector's market in these regions.
IMPACT OF COVID-19
Governments of several countries around the world have imposed severe blockades to limit the spread of the coronavirus. The movement of people and economic activities related to goods and services, have stopped due to the lockdown. The offer was unable to adapt to the decline in consumption. This has led to a significant accumulation of crude oil and gas in storage. Low prices and an unprecedented drop in demand hit the upstream sector in regions with unfavorable manufacturing economies. Rigs and oilfield mats are used in the oil and gas industry. Therefore, holding back investments in new exploration projects hampers the global market for rigs and oilfield mats.
MARKET PLAYERS
The report covers key developments in the rigs and oilfield mats market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as advancement in products, reallocation of resources and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players in the rigs and oilfield mats market are anticipated to provide lucrative growth opportunities in the future owing favourable government regulations for mitigating carbon emissions.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the rigs and oilfield mats market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Newpark Resources Inc.
- YAK MAT
- Diamond T Services
- Horizon North Logistics Inc.
- Signature Systems Group, LLC
- Strad Energy Services Ltd
- Checkers Safety Group
- Spartan Mat
- Rig Mats of America Inc.
- Quality Mat Company
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Rigs And Oilfield Mats Market - By Type
1.3.2 Rigs And Oilfield Mats Market - By Location
1.3.3 Rigs And Oilfield Mats Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. RIGS AND OILFIELD MATS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. RIGS AND OILFIELD MATS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. RIGS AND OILFIELD MATS MARKET - GLOBAL MARKET ANALYSIS
6.1. RIGS AND OILFIELD MATS - GLOBAL MARKET OVERVIEW
6.2. RIGS AND OILFIELD MATS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. RIGS AND OILFIELD MATS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. STEEL
7.3.1. Overview
7.3.2. Steel Market Forecast and Analysis
7.4. WOOD
7.4.1. Overview
7.4.2. Wood Market Forecast and Analysis
7.5. COMPOSITE
7.5.1. Overview
7.5.2. Composite Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. RIGS AND OILFIELD MATS MARKET - REVENUE AND FORECASTS TO 2028 - LOCATION
8.1. OVERVIEW
8.2. LOCATION MARKET FORECASTS AND ANALYSIS
8.3. ONSHORE
8.3.1. Overview
8.3.2. Onshore Market Forecast and Analysis
8.4. OFFSHORE
8.4.1. Overview
8.4.2. Offshore Market Forecast and Analysis
9. RIGS AND OILFIELD MATS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Rigs And Oilfield Mats Market Overview
9.1.2 North America Rigs And Oilfield Mats Market Forecasts and Analysis
9.1.3 North America Rigs And Oilfield Mats Market Forecasts and Analysis - By Type
9.1.4 North America Rigs And Oilfield Mats Market Forecasts and Analysis - By Location
9.1.5 North America Rigs And Oilfield Mats Market Forecasts and Analysis - By Countries
9.1.5.1 United States Rigs And Oilfield Mats Market
9.1.5.1.1 United States Rigs And Oilfield Mats Market by Type
9.1.5.1.2 United States Rigs And Oilfield Mats Market by Location
9.1.5.2 Canada Rigs And Oilfield Mats Market
9.1.5.2.1 Canada Rigs And Oilfield Mats Market by Type
9.1.5.2.2 Canada Rigs And Oilfield Mats Market by Location
9.1.5.3 Mexico Rigs And Oilfield Mats Market
9.1.5.3.1 Mexico Rigs And Oilfield Mats Market by Type
9.1.5.3.2 Mexico Rigs And Oilfield Mats Market by Location
9.2. EUROPE
9.2.1 Europe Rigs And Oilfield Mats Market Overview
9.2.2 Europe Rigs And Oilfield Mats Market Forecasts and Analysis
9.2.3 Europe Rigs And Oilfield Mats Market Forecasts and Analysis - By Type
9.2.4 Europe Rigs And Oilfield Mats Market Forecasts and Analysis - By Location
9.2.5 Europe Rigs And Oilfield Mats Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Rigs And Oilfield Mats Market
9.2.5.1.1 Germany Rigs And Oilfield Mats Market by Type
9.2.5.1.2 Germany Rigs And Oilfield Mats Market by Location
9.2.5.2 France Rigs And Oilfield Mats Market
9.2.5.2.1 France Rigs And Oilfield Mats Market by Type
9.2.5.2.2 France Rigs And Oilfield Mats Market by Location
9.2.5.3 Italy Rigs And Oilfield Mats Market
9.2.5.3.1 Italy Rigs And Oilfield Mats Market by Type
9.2.5.3.2 Italy Rigs And Oilfield Mats Market by Location
9.2.5.4 United Kingdom Rigs And Oilfield Mats Market
9.2.5.4.1 United Kingdom Rigs And Oilfield Mats Market by Type
9.2.5.4.2 United Kingdom Rigs And Oilfield Mats Market by Location
9.2.5.5 Russia Rigs And Oilfield Mats Market
9.2.5.5.1 Russia Rigs And Oilfield Mats Market by Type
9.2.5.5.2 Russia Rigs And Oilfield Mats Market by Location
9.2.5.6 Rest of Europe Rigs And Oilfield Mats Market
9.2.5.6.1 Rest of Europe Rigs And Oilfield Mats Market by Type
9.2.5.6.2 Rest of Europe Rigs And Oilfield Mats Market by Location
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Rigs And Oilfield Mats Market Overview
9.3.2 Asia-Pacific Rigs And Oilfield Mats Market Forecasts and Analysis
9.3.3 Asia-Pacific Rigs And Oilfield Mats Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Rigs And Oilfield Mats Market Forecasts and Analysis - By Location
9.3.5 Asia-Pacific Rigs And Oilfield Mats Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Rigs And Oilfield Mats Market
9.3.5.1.1 Australia Rigs And Oilfield Mats Market by Type
9.3.5.1.2 Australia Rigs And Oilfield Mats Market by Location
9.3.5.2 China Rigs And Oilfield Mats Market
9.3.5.2.1 China Rigs And Oilfield Mats Market by Type
9.3.5.2.2 China Rigs And Oilfield Mats Market by Location
9.3.5.3 India Rigs And Oilfield Mats Market
9.3.5.3.1 India Rigs And Oilfield Mats Market by Type
9.3.5.3.2 India Rigs And Oilfield Mats Market by Location
9.3.5.4 Japan Rigs And Oilfield Mats Market
9.3.5.4.1 Japan Rigs And Oilfield Mats Market by Type
9.3.5.4.2 Japan Rigs And Oilfield Mats Market by Location
9.3.5.5 South Korea Rigs And Oilfield Mats Market
9.3.5.5.1 South Korea Rigs And Oilfield Mats Market by Type
9.3.5.5.2 South Korea Rigs And Oilfield Mats Market by Location
9.3.5.6 Rest of Asia-Pacific Rigs And Oilfield Mats Market
9.3.5.6.1 Rest of Asia-Pacific Rigs And Oilfield Mats Market by Type
9.3.5.6.2 Rest of Asia-Pacific Rigs And Oilfield Mats Market by Location
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Rigs And Oilfield Mats Market Overview
9.4.2 Middle East and Africa Rigs And Oilfield Mats Market Forecasts and Analysis
9.4.3 Middle East and Africa Rigs And Oilfield Mats Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Rigs And Oilfield Mats Market Forecasts and Analysis - By Location
9.4.5 Middle East and Africa Rigs And Oilfield Mats Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Rigs And Oilfield Mats Market
9.4.5.1.1 South Africa Rigs And Oilfield Mats Market by Type
9.4.5.1.2 South Africa Rigs And Oilfield Mats Market by Location
9.4.5.2 Saudi Arabia Rigs And Oilfield Mats Market
9.4.5.2.1 Saudi Arabia Rigs And Oilfield Mats Market by Type
9.4.5.2.2 Saudi Arabia Rigs And Oilfield Mats Market by Location
9.4.5.3 U.A.E Rigs And Oilfield Mats Market
9.4.5.3.1 U.A.E Rigs And Oilfield Mats Market by Type
9.4.5.3.2 U.A.E Rigs And Oilfield Mats Market by Location
9.4.5.4 Rest of Middle East and Africa Rigs And Oilfield Mats Market
9.4.5.4.1 Rest of Middle East and Africa Rigs And Oilfield Mats Market by Type
9.4.5.4.2 Rest of Middle East and Africa Rigs And Oilfield Mats Market by Location
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Rigs And Oilfield Mats Market Overview
9.5.2 South and Central America Rigs And Oilfield Mats Market Forecasts and Analysis
9.5.3 South and Central America Rigs And Oilfield Mats Market Forecasts and Analysis - By Type
9.5.4 South and Central America Rigs And Oilfield Mats Market Forecasts and Analysis - By Location
9.5.5 South and Central America Rigs And Oilfield Mats Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Rigs And Oilfield Mats Market
9.5.5.1.1 Brazil Rigs And Oilfield Mats Market by Type
9.5.5.1.2 Brazil Rigs And Oilfield Mats Market by Location
9.5.5.2 Argentina Rigs And Oilfield Mats Market
9.5.5.2.1 Argentina Rigs And Oilfield Mats Market by Type
9.5.5.2.2 Argentina Rigs And Oilfield Mats Market by Location
9.5.5.3 Rest of South and Central America Rigs And Oilfield Mats Market
9.5.5.3.1 Rest of South and Central America Rigs And Oilfield Mats Market by Type
9.5.5.3.2 Rest of South and Central America Rigs And Oilfield Mats Market by Location
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. RIGS AND OILFIELD MATS MARKET, KEY COMPANY PROFILES
11.1. NEWPARK RESOURCES INC
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. YAK MAT
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. DIAMOND T SERVICES
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HORIZON NORTH LOGISTICS INC
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. SIGNATURE SYSTEMS GROUP, LLC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. STRAD ENERGY SERVICES LTD
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. CHECKERS SAFETY GROUP
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SPARTAN MAT
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. RIG MATS OF AMERICA INC
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. QUALITY MAT COMPANY
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Newpark Resources Inc
2.YAK MAT
3.Diamond T Services
4.Horizon North Logistics Inc
5.Signature Systems Group, LLC
6.Strad Energy Services Ltd
7.Checkers Safety Group
8.Spartan Mat
9.Rig Mats of America Inc
10.Quality Mat Company
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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