Oil and Gas EPC Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029

Posted on Jun 23 2022 4:24 AM

"Companies Profiled in Oil and Gas EPC Market Are Petrofac (U.K.), Wood (U.K.), Larsen & Toubro (India), McDermott (U.S.), Saipem (Italy), NPCC (UAE), WorleyParsons (Australia), TechnipFMC (U.K.), KBR (U.S.), Lamprell (UAE), Aker (Norway), Subsea7 (U.K.), Fluor Corporation (U.S.). "

The Oil and Gas EPC Market size was USD 46.60 billion in 2021. The market is projected to grow from USD 49.58 billion 2022 to USD 80.77 billion in 2029 at a CAGR of 7.2% during the 2022-2029 period.

The Oil and Gas EPC Market 2022 | Energy And Power Industry Global Analysis by Covid-19 Impact On, Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast To 2029 is latest study published by Fortune Business Insights.The Oil and Gas EPC Market Growth rate or CAGR exhibited by a market for a given forecast period is calculated based on various factors and their level of impact on the market.

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                           Oil and Gas EPC Market

Key Industry Development: 

February 2021: Saipem secured an EPC contract from Qatargas worth USD 1.7 billion for developing the North Field Production Sustainability Offshore Project. This contract is expected to hold EPC activities for offshore facilities such as platforms, supporting and connecting structures, subsea cables, and anticorrosion internally cladded pipelines.

Oil and Gas EPC Market Report Scope: 

REPORT ATTRIBUTE DETAILS
Market size available for years 2022-2029
CAGR Value  15.4%
Base year considered 2021
Historical data 2018-2020
Forecast Period 2022-2029
Quantitative units Revenue in USD million and CAGR from 2022-20291
Segments Covered Types, Applications, End-Users, and more.
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Customization scope Report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Avail of customized purchase options to meet your exact research needs. Explore purchase options

 

Industry Globalization Drivers:

Rapid Urbanization & Increasing Industrialization to Augment Growth

Rising demand from economically rich sectors such as automobile, aviation, manufacturing, and construction along with increasing utilization of hydrocarbons is expected to increase the Oil and Gas EPC Market growth during the forecast period. Additionally, extensive population growth has given rise to rising demand for power. Expanding transportation sector along with increasing trade activities will increase the footprint of the market.

The Oil and Gas EPC Market COVID-19 influence analysis:

  • Pre & post COVID-19 market size
  • A qualitative investigation of the long-term & short term influence of COVID-19 on the industry
  • The analysis provides the main approaches adopted by competitors to minimize the impact of the epidemics on their enterprise activities & scope for future developments.

Stepping into a Post-COVID Economy: How Energy and Power Industry Will Play an Essential Role in its Recovery. Request Sample Copy



The study provides analysis on market participants including:

  • Petrofac (U.K.)
  • Wood (U.K.)
  • Larsen & Toubro (India)
  • McDermott (U.S.)
  • Saipem (Italy)
  • NPCC (UAE)
  • WorleyParsons (Australia)
  • TechnipFMC (U.K.)
  • KBR (U.S.)
  • Lamprell (UAE)
  • Aker (Norway)
  • Subsea7 (U.K.)
  • Fluor Corporation (U.S.)

Segmental Outlook

Key segments, including types and applications, were detailed in this report. Consultants of verified market reports studied all segments and used historical data to provide market size. They also talked about the growth opportunities the segment could pose in the future. The study provides production and revenue data by type and application during the past period and forecast period(2022-2029).

Highlights of the Report:

Industry Overview: The first section of the research study covers an overview of the global Oil and Gas EPC Market,market status and prospects,and product range. In addition,it provides highlights of the major segments of the global Oil and Gas EPC Market,i.e. region, type and application segments.

 Competitive Analysis:This report illuminates important mergers and acquisitions,business expansion,product or service differences,market concentration,competitive status of the global Oil and Gas EPC Market, and market size by player.

Company Profiles and Key Data:This section covers companies profiling the major players in the global Oil and Gas EPC Market based on the aforementioned revenue,products,business and other factors.

 Market size by type and application:In addition to providing in-depth analysis of the global Oil and Gas EPC Market size by type and application,this section provides research on top end users or consumers and potential applications.

Market Dynamics: This report covers the drivers, trends and opportunities of the global Oil and Gas EPC Market. This section also includes Porter's analysis of five forces.

 Findings and Conclusions:It provides strong recommendations for new as well as established players for securing a position of strength in the global Oil and Gas EPC Market.

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Detailed TOC of Global Oil and Gas EPC Market Report 2022

Oil and Gas EPC Market Introduction and Market Overview

  • Objectives of the Study
  • Overview of Oil and Gas EPC Market
  • Oil and Gas EPC Market Market Scope and Market Size Estimation
  • Market Concentration Ratio and Market Maturity Analysis
  • Global Oil and Gas EPC Market Revenue and Growth Rate

 Market Segmentation

  • Types of Oil and Gas EPC Market
  • Applications of Oil and Gas EPC Market
  • Research Regions
  • Market Dynamics
  • Oil and Gas EPC Market Industry Trends
  • Oil and Gas EPC Market Drivers
  • Oil and Gas EPC Market Market Challenges
  • Oil and Gas EPC Market Market Restraints
  • Industry News and Policies by Regions
  • Industry News
  • Industry Policies
  • Mergers & Acquisitions, Expansion Plans
  • Oil and Gas EPC Market Development Trends under COVID-9 Outbreak
  • Global COVID-9 Status Overview
  • Influence of COVID-9 Outbreak on Oil and Gas EPC Market Industry Development

Industry Chain Analysis

  • Upstream Raw Material Supply and Demand Analysis
  • Global Oil and Gas EPC Market Major Upstream Raw Material and Suppliers
  • Raw Material Source Analysis
  • Major Players of Oil and Gas EPC Market
  • Major Players Manufacturing Base of Oil and Gas EPC Market in 2029
  • Major Players Market Distribution in 2029
  • Oil and Gas EPC Market Manufacturing Cost Structure Analysis
  • Production Process Analysis
  • Manufacturing Cost Structure of Oil and Gas EPC Market
  • Market Channel Analysis of Oil and Gas EPC Market
  • Major Down Stream Customers by Application

Continued….

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