Oil and Gas Logistics Market: Emerging Niche Segments and Regional Markets with Major changes in Market Dynamics
Oil and Gas Logistics Industry Report offers detailed analysis of the
market over the last five years, and provides extensive market forecasts by
region and key players. It covers the key technological and market trends.
Market Definition:
Oil and Gas logistics refers to the transportation of
drilling equipment, extracted crude oil and natural gas and transportation of
refined products from one place to another. Petroleum logistics covers entire
phases from upstream to downstream. Oil and gas logistics synchronizes with all
kinds of equipment from multiple origins to the areas that are difficult to access
with the continual concern for manpower and environment.
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Market Growth and
Analysis:
The raising offshore oil and gas exploration and
production activities is one of the primary growth drivers for this
market. Exploration and production
(E&P) activity is an upstream process in the oil and gas industry, and
includes procedures such as locating oil rigs, searching for oil and
petrochemical products, underwater drilling for natural gas and crude oil
fields, and operating subsea vessels. Mounting production activities in APAC
have boosted the necessity for outsourced logistics, leading to the entry of
several new players in the market. The
competition in this market is dependent on the basis of price, delivery speed,
reliability, and supply chain capacity. Moreover, the improvements in logistics
processes through the incorporation of IT will help vendors increase efficiency
and effectiveness during the forecast years.
The exploration of several new shale oil fields and
subsequent increase in the E&P expenditure of oil and gas production
companies will result in a robust demand for logistics services. Besides
transporting offshore minerals and energy resources, the marine sea vessels
also perform marine logistics services, while the increase in number of
offshore oil rigs will also augment the growth prospects for this market.
Market Segment:
The global oil and gas logistics market can be segmented
on the basis of type and region. On the basis of transportation type, the
global oil and gas logistics market can be segmented into pipeline, railroads
and tanker & trucks. On the basis of region, the global oil and gas
logistics market can be segmented into North America, Europe, Middle East &
Africa, Asia-Pacific, and Latin America.
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Market Key
players:
Some of the key players in the Global Oil and Gas
Logistics Market include A. Hartrodt GmbH, Agility Project Logistics Inc., BDP
International, Bollore Africa Logistics Ltd., Crown Logistics, DB Schenker,
Gulf Agency Company Ltd., Kuehne + Nagel Company, Neovia Logistics, SDV
International Logistics and SGS Logistics.
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