Iran Oilfield Services Market to Grow at 11.6% CAGR until 2022
According to TechSci Research report “Iran Oilfield Services Market By
Application, By Type, Competition Forecast & Opportunities, 2012 – 2022”, oilfield
services market in Iran is forecast to grow at a CAGR of 11.6% during
2017-2022. Growth in the market is anticipated on account of removal of
sanctions, which is expected to result in boosting adoption of foreign
technology, low-cost of production per barrel in Iran compared to western
countries and allotment of new offshore oil & gas fields under new Iran
Petroleum Contract. Moreover, the government
aims to attract investments worth $ 185 billion into oil & gas sector from
foreign investors during 2016-2020, which is expected to result in growth
opportunities for oilfield service providers in the country during forecast
period.
Browse 15
Tables and 41 Figures spread through 135
Pages and an in-depth TOC on "Iran Oilfield Services Market"
https://www.techsciresearch.com/report/iran-oilfield-services-market/1439.html
On
the basis of application, Iran oilfield services market has been broadly segmented into two categories,
namely, offshore and onshore. Among these categories, onshore oilfield
services held the largest market share in 2016, and the segment is expected to
maintain its market dominance over the coming years as well, due to increasing
investment opportunities in onshore oilfield services, especially in Khuzestan
(Masjid Suleiman, West Karoon, Aghajari and Marun). However, during the
forecast period, production from most of the oil & gas fields in offshore
regions is anticipated to increase, thereby making offshore oilfield services the
fastest growing application segment of Iran oilfield services in the future.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=1439
Customers can also request for 10% free customization
on this report.
“With
the uplifting of sanctions in the mid of January 2016, Iran is undergoing a
major positive transformation, which is leading to developmental activities
being undertaken in oil & gas sector. Access to global market for crude oil
exports, competition between local and foreign players and increasing investments
in exploration & production activities are anticipated to fuel growth in
the oilfield services market in Iran during the next five years,” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Iran Oilfield
Services Market By Application, By Type, Competition Forecast &
Opportunities, 2012 – 2022” has evaluated the future growth
potential of Iran oilfield services market and provides statistics and
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment evaluation. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges and
opportunities in Iran oilfield services market.About TechSci Research
TechSci Research is a leading global market research firm publishing premium market
research reports. Serving 700 global clients with more than 600 premium market
research studies, TechSci Research is serving clients across 11 different
industrial verticals. TechSci Research specializes in research based consulting
assignments in high growth and emerging markets, leading technologies and niche
applications. Our workforce of more than 100 fulltime Analysts and Consultants
employing innovative research solutions and tracking global and country
specific high growth markets helps TechSci clients to lead rather than follow
market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]