Global Oil and Gas Water Management Services Market Overview:
Oil and gas water management services are the services that are developed for the purpose of helping the oil & gas and water companies to optimize their resources and track the milestones for their expansion into the new markets, production activities, capital investments, and large exploration. The service market is expected to grow in the near future due to the requirement of simplification in the complexity of the operations in the oil & gas and water industries and hence provide cost-effective benefits in various activities like planning, monitoring, implementation, evaluation, and reporting of the projects. Moreover, factors such as the advances in oil & gas recovery techniques for the production of energy from the unconventional resources have in turn increased the production of crude oil and natural gas. Furthermore, these production activities would also involve the utilization of a very huge amount of water and therefore is expected to upsurge the water management services market. Due to many of the environmental concerns, the oil & gas industry has always been facing various serious oppositions that are related to the water usage by many of the concerned authorities and affluent local inhabitants. As a result of which, there has always been a rising environmental concern for the usage of water in the oil & gas industry which is further expected to escalate the need for much better water management services through the forecasted period of time. Some of the key players profiled in the study are Halliburton (United States), Baker Hughes (United States), Ovivo (Canada), Nuverra Environmental Solutions (United States), Aquatech Corp (United States), Layne Christensen Company (United States), Severn Treatment Services (United Kingdom), Veolia Water Technologies (France), Schlumberger (United States) and Green Hunter Resources Inc. (United States).
On the basis of geography, the market of Oil and Gas Water Management Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organization Size, the sub-segment i.e. Large Enterprises will boost the Oil and Gas Water Management Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service Sector Type, the sub-segment i.e. Upstream will boost the Oil and Gas Water Management Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Demands for Faster Operations
- The Requirement to Simplify the Complexity of Operations in the Oil & Gas and Water Industries
- Growing Use of Artificial Intelligence
- Technological Complexity In the Service Providing
- Growth in the Oil and Gas Industry in Developing Countries
- Growing Need for Operational Efficiency and Decreasing Management System Components
- Unawareness Among Consumers Regarding the Services Provided
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Target Audience:Providers of Oil and Gas Water Management Services, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Oil and Gas Water Management Services market on the basis of product [Disposal Services, Hauling Services, Produce Treatment Services and Others] , application [Oil and Gas Industry, Water Treatment Industry and Other], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Oil and Gas Water Management Services market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Oil and Gas Water Management Services industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are WSP Global (Canada).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Oil and Gas Water Management Services market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.