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Reservoir Analysis Market Worth $22,432 Million by 2019


News provided by

MarketsandMarkets

12 Dec, 2014, 13:30 GMT

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DALLAS, December 12, 2014 /PRNewswire/ --

The report titled "Reservoir Analysis Market by Service (Reservoir Simulation & Geo-Modeling, Data Acquisition & Monitoring, and Reservoir Sampling Services), by Application (Onshore and Offshore) and by Geography - Global Trends & Forecasts to 2014 - 2019", published by MarketsandMarkets, defines and segments the global Reservoir Analysis Market with analysis and forecast of the global market share.

Browse 79 market data tables with 59 figures spread through 220 pages and in-depth TOC on "Reservoir Analysis Market - Global Trends & Forecasts to 2014 - 2019".

http://www.marketsandmarkets.com/Market-Reports/reservoir-analysis-market-177178348.html

Early buyers will receive 10% customization on this report. 

The Reservoir Analysis Market is estimated to grow from $13,561 Million in 2014 to nearly $22,432 Million by 2019 at a CAGR of 10.6%. North America, Middle East and Asia-Pacific are the three large markets in 2013 by value and are expected to continue to be in the next five years.


North American market is dominated by the data acquisition & monitoring services segment which captured more than 45% of total market in 2013. It is followed by Reservoir simulation & geo-modeling and Reservoir sampling services.

The Reservoir Analysis Market is driven by the increasing demand for energy globally. Need for maximizing recovery of hydrocarbons, continuous new field developments, and flexibility to adapt to reservoir uncertainty, from emerging economies are expected to be key drivers, globally, for this market.

The leading players in global Reservoir Analysis Market include Schlumberger Limited (U.S.), Baker Hughes Inc. (U.S.), Halliburton (U.S.), Weatherford International ltd. (Ireland),  SGS SA (Switzerland), CGG SA (France), Roxar software solutions AS (Norway), ALS Oil & Gas (Australia), Core Laboratories (U.S.) Expro Group (U.K.), Geokinetices (U.S.), Intertek (U.K.), Paradigm(U.S.), Tracerco (U.K.) and Trican Well Service Limited (Canada). The top four companies, Schlumberger Limited (U.S.), Halliburton (U.S.), Baker Hughes Inc. (U.S.) and Weatherford International ltd are the predominant players in the market holding more than 80% of the market in 2013.

Inquiry before Buying:  http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=177178348 

North America is the largest market by value which is followed by Middle East. North America held nearly one fourth of the market in 2013 due to its ongoing shale activities. Asia- Pacific is expected to grow swiftly followed by Europe and Africa.

The key players in Reservoir Analysis Market are continuously innovating new products and solutions. These are also actively involved in signing many contacts and agreements to penetrate the market and expand their client base. New product launch has been the most adopted strategy by the key players in the past three years (2011-13) followed by mergers and acquisitions.

The reservoir analysis report also includes market share analysis, and value-chain, Porter's Five Force Analysis, and market metrics such as drivers, restraints, challenges, and opportunities. It also presents a competitive landscape and company profiles for 15 key players in the market.

Browse related reports 

Digital Oil Field Market by Services (Automation & Instrumentation: DCS, SCADA, PLC, Smart Well & CPM; IT Services: Outsourcing, Equipment & Software) & by Processes (Reservoir, Production & Drilling Optimizations) - Global Trends & Forecasts to 2024

http://www.marketsandmarkets.com/Market-Reports/digital-oilfield-market-904.html

Artificial Lift Systems Market by Types (ESP, PCP, Rod Lift), by Component (Pump, Motor, Separator, Cable, Pump Jack, Sucker Rod), by Countries (U.S., Canada, Russia, China, Venezuela) - Trends & Forecast to 2018

http://www.marketsandmarkets.com/Market-Reports/artificial-lift-systems-market-1263.html

About MarketsandMarkets 

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact: 

Mr. Rohan

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17304 Preston Road

Suite 800, Dallas, TX 75252

Tel: +1-888-600-6441

Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/energy-and-power

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