석유 및 가스 EPC 시장 규모, 점유율, 성장 분석 : 계약별, 최종사용자별, 용도별, 지역별 - 업계 예측(2026-2033년)

Global Oil Gas EPC Market size was valued at USD 208.15 Billion in 2024 and is poised to grow from USD 219.6 Billion in 2025 to USD 337.02 Billion by 2033, growing at a CAGR of 5.5% during the forecast period (2026-2033).

The global Oil and Gas EPC market is witnessing remarkable growth driven by the increasing demand for energy and evolving industry dynamics. EPC companies play a crucial role by delivering comprehensive infrastructure solutions, acting as a single point of contact for clients that streamlines project execution and reduces risk. Stakeholders in the sector are focused on enhancing break-even points and adopting innovative methodologies to stay competitive. The influx of partnerships between companies and advancements in technology further propel market expansion. Investments in the construction of new gas and oil facilities are on the rise, while governments are actively working to eliminate barriers for ongoing EPC projects, facilitating smoother operations. These developments position the market for continued growth and transformation.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Oil Gas EPC market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Oil Gas EPC Market Segments Analysis

Global Oil Gas EPC Market is segmented by Contract, End User, Application and region. Based on Contract, the market is segmented into Fabrication and Equipment, Construction and Installation, Management and Services and Others. Based on End User, the market is segmented into Upstream, Midstream and Downstream. Based on Application, the market is segmented into Onshore and Offshore. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Oil Gas EPC Market

The Global Oil and Gas EPC market is experiencing substantial growth driven by the increasing demands across diverse industries worldwide. Significant developments in sectors such as automotive, aviation, manufacturing, and infrastructure have heightened the need for reliable energy sources, with oil and gas being central to power generation. As these industries expand, the demand for oil and gas intensifies, propelling the market forward. This reliance on oil and gas for producing essential energy highlights their critical role in supporting economic growth and innovation, thus ensuring a robust market framework that adapts to evolving energy needs across the globe.

Restraints in the Global Oil Gas EPC Market

The Global Oil and Gas EPC market faces significant challenges due to the rising acceptance of sustainable energy alternatives such as wind, solar, and geothermal resources. These eco-friendly options are increasingly viewed as viable substitutes for traditional oil and gas, undermining the long-term investment potential in fossil fuels. Additionally, the automotive industry is experiencing a shift with the introduction of hybrid vehicles that rely heavily on batteries, which are essential for storing energy generated from renewable sources. This transition is creating hurdles for the oil and gas sector, impacting its growth and prospects in the evolving energy landscape.

Market Trends of the Global Oil Gas EPC Market

The Global Oil and Gas EPC market is witnessing a dynamic shift fueled by government initiatives aimed at mitigating hydrocarbon poverty in emerging economies. With OPEC and its allies committing to controlled oil production, a strategy aimed at fostering market stability and growth, the landscape is inherently evolving. Gulf nations, heavily reliant on oil and gas revenues, are leveraging these resources to reinforce their economic stability. Consequently, a concerted effort is emerging among public and private sectors to enhance production capabilities, signaling a robust trend towards expansion and investment in the EPC domain within the oil and gas industry.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis

Global Oil Gas EPC Market Size by Contract & CAGR (2026-2033)

• Market Overview
• Fabrication and Equipment
• Construction and Installation
• Management and Services
• Others

Global Oil Gas EPC Market Size by End User & CAGR (2026-2033)

• Market Overview
• Upstream
• Midstream
• Downstream

Global Oil Gas EPC Market Size by Application & CAGR (2026-2033)

• Market Overview
• Onshore
• Offshore

Global Oil Gas EPC Market Size & CAGR (2026-2033)

• North America (Contract, End User, Application)
  • US
  • Canada
• Europe (Contract, End User, Application)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Contract, End User, Application)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Contract, End User, Application)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Contract, End User, Application)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• McDermott International (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Saipem S.p.A. (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Technip Energies N.V. (Netherlands)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Fluor Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bechtel Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hyundai Engineering & Construction Co., Ltd. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Samsung Engineering Co., Ltd. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• JGC Holdings Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Chiyoda Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SNC-Lavalin Group Inc. (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• China National Petroleum Corporation (CNPC) (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sinopec Group (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• National Iranian Oil Company (NIOC) (Iran)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Saudi Aramco (Saudi Arabia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Subsea 7 S.A. (Luxembourg) (specializes in offshore projects)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Petrofac Limited (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Wood plc (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• KBR, Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Worley Limited (Australia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• NPCC (National Petroleum Construction Company) (UAE)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations