Product Code: ETC045560 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The United Arab Emirates (UAE) oilfield equipment market has witnessed significant growth and diversification during the period from 2025 to 2031. The oil and gas industry plays a crucial role in the UAE economy, and oilfield equipment forms an integral part of the sector`s operations. The market`s expansion can be attributed to factors such as the UAE active exploration and production activities, the country`s strategic location in the global energy market, and the continuous investment in oil and gas infrastructure. Moreover, advancements in technology and a focus on optimizing operational efficiency have further driven the demand for cutting-edge oilfield equipment in the UAE.
Several key drivers have fueled the growth of the UAE oilfield equipment market. Firstly, the UAE status as a significant oil producer and exporter has led to continuous exploration and production activities, driving the demand for oilfield equipment in drilling, extraction, and processing operations. Secondly, the country`s strategic location in the Middle East makes it a critical player in the global energy market, attracting investments and partnerships from international oil and gas companies. Additionally, the UAE commitment to adopting advanced technologies and best practices in the industry has boosted the demand for state-of-the-art oilfield equipment to enhance productivity and safety.
Despite its growth, the UAE oilfield equipment market faces certain challenges. Firstly, fluctuations in global oil prices can impact the capital expenditure and investment plans of oil and gas companies, influencing the demand for oilfield equipment. Secondly, the increasing focus on renewable energy and sustainable practices globally may lead to a gradual shift away from fossil fuels, potentially affecting long-term investments in oilfield equipment. Moreover, the Covid-19 pandemic introduced disruptions in the oil and gas sector, affecting operations and investments in the short term.
The Covid-19 pandemic, which emerged in 2025, had significant effects on the global oil and gas industry, including the UAE oilfield equipment market. The pandemic led to a drastic drop in global oil demand and prices, impacting the revenues and operations of oil companies. Consequently, there were delays in oilfield projects and reduced investments in new equipment. However, as economic activities resumed and oil prices stabilized, the market gradually recovered. The pandemic also reinforced the importance of operational resilience and digital transformation in the oil and gas sector, driving the demand for advanced oilfield equipment to optimize efficiency.
The UAE oilfield equipment market comprises several key players who have played a significant role in meeting the growing demand for advanced equipment. Some of the key players in the market include National Oilwell Varco (NOV), Schlumberger, Baker Hughes and Halliburton.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Arab Emirates (UAE) Oilfield Equipment Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Oilfield Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Oilfield Equipment Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Oilfield Equipment Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Oilfield Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Oilfield Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United Arab Emirates (UAE) Oilfield Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Oilfield Equipment Market Trends |
6 United Arab Emirates (UAE) Oilfield Equipment Market, By Types |
6.1 United Arab Emirates (UAE) Oilfield Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Oilfield Equipment Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Oilfield Equipment Market Revenues & Volume, By Drilling equipment, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Oilfield Equipment Market Revenues & Volume, By Field Production Machinery, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Oilfield Equipment Market Revenues & Volume, By Pumps and valves, 2021-2031F |
6.1.6 United Arab Emirates (UAE) Oilfield Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.2 United Arab Emirates (UAE) Oilfield Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Oilfield Equipment Market Revenues & Volume, By On-shore, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Oilfield Equipment Market Revenues & Volume, By Off-shore, 2021-2031F |
7 United Arab Emirates (UAE) Oilfield Equipment Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Oilfield Equipment Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Oilfield Equipment Market Imports from Major Countries |
8 United Arab Emirates (UAE) Oilfield Equipment Market Key Performance Indicators |
9 United Arab Emirates (UAE) Oilfield Equipment Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Oilfield Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Oilfield Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United Arab Emirates (UAE) Oilfield Equipment Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Oilfield Equipment Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Oilfield Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |