석유 및 가스 엔지니어링 서비스 시장 : 서비스 유형별, 유형별 - 세계 예측(2025-2030년)

The Oil & Gas Engineering Services Market was valued at USD 5.77 billion in 2023, expected to reach USD 6.31 billion in 2024, and is projected to grow at a CAGR of 9.70%, to USD 11.04 billion by 2030.

Oil & Gas Engineering Services encompass a wide range of activities designed to optimize the exploration, extraction, processing, and transportation of hydrocarbons. This sector is crucial for ensuring efficient operations and maximizing productivity in oil and gas projects. The necessity of these services lies in their ability to offer specialized engineering solutions, safety compliance, and technological advancements, thus ensuring projects meet environmental regulations and operational standards. The primary applications include conceptual and detailed design, project management, construction management, and maintenance and operational support, with prominent end-users being oil companies, refineries, and pipeline operators. Key growth influencers include technological advancements in drilling and exploration, increasing energy demands, and a shift towards unconventional resources like shale and deepwater. Potential opportunities arise from innovation in digital oilfield technologies, automation, and data analytics, allowing for improved asset management and reduced operational costs. Moreover, the rising focus on sustainability and environmental impact mitigation paves the way for developing greener technologies and services. However, market growth faces challenges such as fluctuating oil prices, stringent regulatory frameworks, geopolitical tensions, and the urgent need for skilled labor. Furthermore, transitioning to renewable energies presents a long-term challenge that may impact traditional oil and gas service demand. To navigate these dynamics, businesses should invest in R&D focusing on efficiency-enhancing technologies like IoT and AI-driven predictive maintenance, which can revolutionize operational efficiency. Additionally, strategic partnerships and acquisitions can provide access to new markets and technological capabilities. Insight suggests the market is moving towards an integrated services approach, emphasizing collaboration and innovation. Thus, companies must remain agile, continuously adopting new technologies and sustainable practices, while aligning with the energy transition goals, to maintain a competitive edge in this evolving landscape.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Oil & Gas Engineering Services Market

The Oil & Gas Engineering Services Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Increase in oil & gas exploration and production activities
  • Rising focus on energy conservation and security
  • Significant adoption of automated technologies in oil & gas industry
• Market Restraints
  • Volatility in the price of oil & Gas
• Market Opportunities
  • Integration with advanced technologies such as analytics and machine learning
  • Government investments for oil & gas exploration
• Market Challenges
  • Increasing penetration of renewable energy

Porter's Five Forces: A Strategic Tool for Navigating the Oil & Gas Engineering Services Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Oil & Gas Engineering Services Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Oil & Gas Engineering Services Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Oil & Gas Engineering Services Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Oil & Gas Engineering Services Market

A detailed market share analysis in the Oil & Gas Engineering Services Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Oil & Gas Engineering Services Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Oil & Gas Engineering Services Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Oil & Gas Engineering Services Market

A strategic analysis of the Oil & Gas Engineering Services Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Oil & Gas Engineering Services Market, highlighting leading vendors and their innovative profiles. These include ARSEAL TECHNOLOGIES, LLC, Citec Group Oy Ab, Creaform Inc by AMETEK, Inc., Element Materials Technology Group Limited, Hatch Ltd., John Wood group plc, L&T Technology Services Limited, M&H, Mannvit Consulting Engineers, Quest Global Services Pte. Ltd., Stress Engineering Services, Inc., Tetra Tech, Inc., Toyo Engineering Corporation, and WSP Global Inc..

Market Segmentation & Coverage

This research report categorizes the Oil & Gas Engineering Services Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Service Type, market is studied across Basic engineering, Computational Fluid Dynamics (CFD), Conceptual & feasibility studies, Corrosion studies, Design reviews, Detailed engineering, Finite Element Analysis (FEA), FPSO top sides design, Front-end engineering design, Hazop/Hazid/SIL, Pre-bid engineering, Process optimization, Reliability and availability studies, and Value Add & Value Engineering (VA/VE).
• Based on Type, market is studied across Downstream, Midstream, and Upstream.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Increase in oil & gas exploration and production activities
    • 5.1.1.2. Rising focus on energy conservation and security
    • 5.1.1.3. Significant adoption of automated technologies in oil & gas industry
  • 5.1.2. Restraints
    • 5.1.2.1. Volatility in the price of oil & Gas
  • 5.1.3. Opportunities
    • 5.1.3.1. Integration with advanced technologies such as analytics and machine learning
    • 5.1.3.2. Government investments for oil & gas exploration
  • 5.1.4. Challenges
    • 5.1.4.1. Increasing penetration of renewable energy
• 5.2. Market Segmentation Analysis
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Oil & Gas Engineering Services Market, by Service Type

• 6.1. Introduction
• 6.2. Basic engineering
• 6.3. Computational Fluid Dynamics (CFD)
• 6.4. Conceptual & feasibility studies
• 6.5. Corrosion studies
• 6.6. Design reviews
• 6.7. Detailed engineering
• 6.8. Finite Element Analysis (FEA)
• 6.9. FPSO top sides design
• 6.10. Front-end engineering design
• 6.11. Hazop/Hazid/SIL
• 6.12. Pre-bid engineering
• 6.13. Process optimization
• 6.14. Reliability and availability studies
• 6.15. Value Add & Value Engineering (VA/VE)

7. Oil & Gas Engineering Services Market, by Type

• 7.1. Introduction
• 7.2. Downstream
• 7.3. Midstream
• 7.4. Upstream

8. Americas Oil & Gas Engineering Services Market

• 8.1. Introduction
• 8.2. Argentina
• 8.3. Brazil
• 8.4. Canada
• 8.5. Mexico
• 8.6. United States

9. Asia-Pacific Oil & Gas Engineering Services Market

• 9.1. Introduction
• 9.2. Australia
• 9.3. China
• 9.4. India
• 9.5. Indonesia
• 9.6. Japan
• 9.7. Malaysia
• 9.8. Philippines
• 9.9. Singapore
• 9.10. South Korea
• 9.11. Taiwan
• 9.12. Thailand
• 9.13. Vietnam

10. Europe, Middle East & Africa Oil & Gas Engineering Services Market

• 10.1. Introduction
• 10.2. Denmark
• 10.3. Egypt
• 10.4. Finland
• 10.5. France
• 10.6. Germany
• 10.7. Israel
• 10.8. Italy
• 10.9. Netherlands
• 10.10. Nigeria
• 10.11. Norway
• 10.12. Poland
• 10.13. Qatar
• 10.14. Russia
• 10.15. Saudi Arabia
• 10.16. South Africa
• 10.17. Spain
• 10.18. Sweden
• 10.19. Switzerland
• 10.20. Turkey
• 10.21. United Arab Emirates
• 10.22. United Kingdom

11. Competitive Landscape

• 11.1. Market Share Analysis, 2023
• 11.2. FPNV Positioning Matrix, 2023
• 11.3. Competitive Scenario Analysis
• 11.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. ARSEAL TECHNOLOGIES, LLC
• 2. Citec Group Oy Ab
• 3. Creaform Inc by AMETEK, Inc.
• 4. Element Materials Technology Group Limited
• 5. Hatch Ltd.
• 6. John Wood group plc
• 7. L&T Technology Services Limited
• 8. M&H
• 9. Mannvit Consulting Engineers
• 10. Quest Global Services Pte. Ltd.
• 11. Stress Engineering Services, Inc.
• 12. Tetra Tech, Inc.
• 13. Toyo Engineering Corporation
• 14. WSP Global Inc.