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Report of Prospects and Investment Forecast on China Ground System Equipment to Oil and Gas Field Development Industry Report

Report of Prospects and Investment Forecast on China Ground System Equipment to Oil and Gas Field Development Industry Report

Last Update:2014-04-28

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Table of Content

With the development of economy, demand for petroleum always keeps a growing trend. From 2000 to 2010 the demand of global crude oil increases from 3.791 billion tons to 4.161 billion tons. As a country with fast economic growth in the world, China maintains a petroleum consumption which increases from 0.237 billion tons in 2000 to 0.429 billion tons in 2010 and with a compound growth rate of 6.22%. In 2003 China has become the second major petroleum consumer in the world that just follows America. Only 0.2 million tons of crude oil China consumes in 2010 depends on self production while the rest depends on imports.

The petroleum industrial organizations of modernization mainly include petroleum developers and oilfield service providers. The petroleum developers refer to petroleum corporations who mainly engage in oilfield exploration, investment to development, production and management of oilfield, storage and transportation of crude oil, petroleum refining and finished oil selling, etc. And they will outsource the oilfield service providers with R&D, and the manufacturing work of processing equipment which relates to oil and gas production. Therefore, the professional cooperation will constantly increase the efficiency of the whole industry.

Since 1990s three major petroleum companies in China gradually divide from equipment manufacturing, technology service, maintenance, and working service. Nowadays the cooperation between oilfield development and service has been formed which creates developing space for oilfield equipment manufactures and oilfield technology service providers.

The ground system equipment to oil and gas development industry is a significant part of oilfield services. Current these years the global oilfield service market grows rapidly. The total value of global oilfield service market increases from 76.988 billion USD in 1999 to 266.457 billion USD in 2008 and with a compound growth rate of 14.79% which is higher than the average growth rate of global economy. Supposing that the total value of global oilfield service market maintains a growth rate of 10%, the total value may reach 355 billion USD by the end of 2011.

With Forward’s the long-term tracking and collecting market data of ground system equipment to oil and gas development industry, we roundly and accurately analyze the structure system for you from the view of mastering the whole industry. This report mainly analyzes the following aspects: development overview and status of the ground system equipment to oil and gas development industry; market scale and prospects of ground system equipment to oil and gas development; leading corporations’ operational condition of the industry; development trend and prospects forecast of the industry. Meanwhile, together with the comprehensive and detailed market data which is accumulated for 5 years, Forward helps you to grasp the market and development trends of ground system equipment to oil and gas development industry, so as to win advantages from competition!

Major characteristics of this report are forward-looking and timeliness. Base on the forward-looking analysis of massive research data, we further analyze the development scale and competitive landscape of ground system equipment to oil and gas development industry. Along with the industry development route and our practical experience, we analyze and predict the future development prospect of ground system equipment to oil and gas development industry. This report is of a high value for enterprises like ground system equipment manufacturers, R&D institutions, sales corporations and investment corporations to accurately know the latest industry development trend, and obtain market opportunities and determine an insightful operation strategy and development direction.

Here, we’d like to express our sincere gratitude to National Statistics Bureau of China, International Information Institute, National Institute of the Ministry of Commerce, National Tsing Hua University Library, Institute of Market Economy of the State Council Development Research Center, and Beijing Qinghua Forward Market Research Center, etc. Thank you so much!

Notice: all the market data, especially the corporation list data in this report is only for business reference. Please don’t take the data for enterprise publicity. Thank you! Or Forward shall not take any responsibility for any consequences!


Qianzhan Business Information Co., Ltd. Industry Research Center
Research Team of Ground System Equipment to Oil and Gas Development Industry

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