Analysis on Impact of COVID-19-Frac Services Market 2019-2023 | Investments in Shale Oil and Gas to Boost Growth | Technavio

Technavio has been monitoring the frac services market and it is poised to grow by USD 11.38 billion during 2019-2023, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Frac Services Market 2019-2023 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Baker Hughes, Calfrac Well Services, Halliburton, Keane Group, and Schlumberger are some of the major market participants. The investments in shale oil and gas will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Investments in shale oil and gas has been instrumental in driving the growth of the market.

Frac Services Market 2019-2023: Segmentation

Frac Services Market is segmented as below:

• Application
  • Onshore
  • Offshore
• Geographic Landscape
  • The Americas
  • APAC
  • EMEA

To learn more about the global trends impacting the future of market research, download latest free sample report of 2020-2024: https://www.technavio.com/talk-to-us?report=IRTNTR30549

Frac Services Market 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our frac services market report covers the following areas:

• Frac Services Market Size
• Frac Services Market Trends
• Frac Services Market Industry Analysis

This study identifies technology development in the fracturing process as one of the prime reasons driving the frac services market growth during the next few years.

Frac Services Market 2019-2023: Vendor Analysis

We provide a detailed analysis of vendors operating in the frac services market, including some of the vendors such as Baker Hughes, Calfrac Well Services, Halliburton, Keane Group, and Schlumberger. Backed with competitive intelligence and benchmarking, our research reports on the frac services market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Frac Services Market 2019-2023: Key Highlights

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will assist frac services market growth during the next five years
• Estimation of the frac services market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the frac services market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of frac services market vendors

Table Of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Preface
• 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

• Market segmentation by application
• Comparison by application
• Onshore - Market size and forecast 2018-2023
• Offshore - Market size and forecast 2018-2023
• Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• Americas - Market size and forecast 2018-2023
• APAC - Market size and forecast 2018-2023
• EMEA - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Technology development in the fracturing process
• Innovation at frac sites to reduce wastage
• Adoption of supercritical carbon dioxide in fracking

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Baker Hughes
• Calfrac Well Services
• Halliburton
• Keane Group
• Schlumberger

PART 14: APPENDIX

• Research methodology
• List of abbreviations

PART 15: EXPLORE TECHNAVIO

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View source version on businesswire.com: https://www.businesswire.com/news/home/20200403005423/en/