Market Overview:
The global fracturing unit market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for oil and gas across the globe. In addition, the growing demand for water well services is also contributing to the growth of this market. The global fracturing unit market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into three-cylinder pump, five-cylinder pump, and others. The three-cylinder pump segment is expected to dominate this market duringthe forecast period owingto its low cost and easy maintenance features.
Product Definition:
A fracturing unit is a section of a well that is treated with fracturing fluid to create fractures in the formation. The importance of fracturing units is that they allow for the production of hydrocarbons from tight formations.
Three-cylinder Pump:
Three-cylinder pump is a mechanical device used to move fluid. It consists of three interlocking cylinders, which are mounted on a common shaft. The movement of one cylinder causes the other two to reciprocate in order to transmit the motion through the fluid. Three-cylinder pumps are widely used in oil & gas extraction and fracturing units as they offer high flow rates with less power input requirements.
Five-cylinder Pump:
The five-cylinder pump is used to transfer fluids in the fracturing unit. It has a capacity of handling fluids up to 12,000 gallons per hour and it is used for pushing fluid at high pressure in the fractures. The main function of this equipment is to keep the fracture flow open during its transportation and drilling operation.
This system consists of five cylinders connected by hoses which are attached to a source of pressurized fluid ( Usually nitrogen or carbon dioxide).
Application Insights:
The oil well application segment accounted for the largest market share in 2017 and is projected to grow at a CAGR of XX% over the forecast period. The growing demand for fracturing fluids, which are used in drilling operations to break up rock formations, free up oil deposits and increase permeability is expected to drive product demand over the coming years.
The gas well application segment was valued at USD 1,065.5 million in 2017 owing to high product penetration along with advanced technologies such as hydraulic fracking and sand-fracturing that are employed during natural gas extraction from rocks or shale beds underground reserves. Increasing use of these units along with horizontal drilling & hydraulic fracturing techniques has led to an increased number of fracture perimeters across various wells thereby driving growth over recent years.
Regional Analysis:
North America was the largest regional market in 2017 and is expected to maintain its dominance over the forecast period. The U.S., which is at the forefront of this industry, holds a major share in North America's oil & gas industry. The presence of key players such as Halliburton; Schlumberger Limited; and cement companies including Cemex are headquartered in this region has further strengthened their hold within North American markets.
The Asia Pacific market for fracturing units is anticipated to witness significant growth over the forecast period owing to increasing demand from countries such as China, India, Japan, South Korea and Australia among others. This can be attributed to rising investments by these countries for developing unconventional sources of energy including shale gas & tight oil reserves across their respective nations thereby driving overall regional demand for fracturing units during the same period (2018 - 2030).
Growth Factors:
- Increasing demand for energy from developing countries
- Rising investment in oil and gas exploration and production
- Technological advancements in fracturing unit that improve the efficiency of the process
- Growing use of hydraulic fracturing to extract unconventional resources such as shale gas
- Stringent environmental regulations that promote the use of more efficient fracturing units
Scope Of The Report
Report Attributes
Report Details
Report Title
Fracturing Unit Market Research Report
By Type
Three-cylinder Pump, Five-cylinder Pump, Others
By Application
Oil Well, Gas Well, Water Well
By Companies
Jereh Oilfield Equipment, Stewart & Stevenson, CS&P Technologies, Total Equipment And Service, INOX India, ORTEQ Energy Technologies, TRICAN, Baker Hughes (GE), Big Red Engineering
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Fracturing Unit Market Report Segments:
The global Fracturing Unit market is segmented on the basis of:
Types
Three-cylinder Pump, Five-cylinder Pump, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil Well, Gas Well, Water Well
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Jereh Oilfield Equipment
- Stewart & Stevenson
- CS&P Technologies
- Total Equipment And Service
- INOX India
- ORTEQ Energy Technologies
- TRICAN
- Baker Hughes (GE)
- Big Red Engineering
Highlights of The Fracturing Unit Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Three-cylinder Pump
- Five-cylinder Pump
- Others
- By Application:
- Oil Well
- Gas Well
- Water Well
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fracturing Unit Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A fracturing unit is a machine that uses high-pressure water, sand and chemicals to break up shale rock. The goal is to release oil and gas from the rock.
Some of the major companies in the fracturing unit market are Jereh Oilfield Equipment, Stewart & Stevenson, CS&P Technologies, Total Equipment And Service, INOX India, ORTEQ Energy Technologies, TRICAN, Baker Hughes (GE), Big Red Engineering.
The fracturing unit market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fracturing Unit Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fracturing Unit Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fracturing Unit Market - Supply Chain
4.5. Global Fracturing Unit Market Forecast
4.5.1. Fracturing Unit Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fracturing Unit Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fracturing Unit Market Absolute $ Opportunity
5. Global Fracturing Unit Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fracturing Unit Market Size and Volume Forecast by Type
5.3.1. Three-cylinder Pump
5.3.2. Five-cylinder Pump
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fracturing Unit Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fracturing Unit Market Size and Volume Forecast by Application
6.3.1. Oil Well
6.3.2. Gas Well
6.3.3. Water Well
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fracturing Unit Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fracturing Unit Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fracturing Unit Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fracturing Unit Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fracturing Unit Demand Share Forecast, 2019-2026
9. North America Fracturing Unit Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fracturing Unit Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fracturing Unit Market Size and Volume Forecast by Application
9.4.1. Oil Well
9.4.2. Gas Well
9.4.3. Water Well
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fracturing Unit Market Size and Volume Forecast by Type
9.7.1. Three-cylinder Pump
9.7.2. Five-cylinder Pump
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fracturing Unit Demand Share Forecast, 2019-2026
10. Latin America Fracturing Unit Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fracturing Unit Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fracturing Unit Market Size and Volume Forecast by Application
10.4.1. Oil Well
10.4.2. Gas Well
10.4.3. Water Well
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fracturing Unit Market Size and Volume Forecast by Type
10.7.1. Three-cylinder Pump
10.7.2. Five-cylinder Pump
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fracturing Unit Demand Share Forecast, 2019-2026
11. Europe Fracturing Unit Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fracturing Unit Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fracturing Unit Market Size and Volume Forecast by Application
11.4.1. Oil Well
11.4.2. Gas Well
11.4.3. Water Well
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fracturing Unit Market Size and Volume Forecast by Type
11.7.1. Three-cylinder Pump
11.7.2. Five-cylinder Pump
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fracturing Unit Demand Share, 2019-2026
12. Asia Pacific Fracturing Unit Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fracturing Unit Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fracturing Unit Market Size and Volume Forecast by Application
12.4.1. Oil Well
12.4.2. Gas Well
12.4.3. Water Well
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fracturing Unit Market Size and Volume Forecast by Type
12.7.1. Three-cylinder Pump
12.7.2. Five-cylinder Pump
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fracturing Unit Demand Share, 2019-2026
13. Middle East & Africa Fracturing Unit Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fracturing Unit Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fracturing Unit Market Size and Volume Forecast by Application
13.4.1. Oil Well
13.4.2. Gas Well
13.4.3. Water Well
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fracturing Unit Market Size and Volume Forecast by Type
13.7.1. Three-cylinder Pump
13.7.2. Five-cylinder Pump
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fracturing Unit Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fracturing Unit Market: Market Share Analysis
14.2. Fracturing Unit Distributors and Customers
14.3. Fracturing Unit Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Jereh Oilfield Equipment
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Stewart & Stevenson
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CS&P Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Total Equipment And Service
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. INOX India
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ORTEQ Energy Technologies
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TRICAN
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Baker Hughes (GE)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Big Red Engineering
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
