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Oil and Gas EPC Market Trends and Forecast
 
The future of the oil and gas EPC market looks promising with opportunities in the upstream, downstream, and midstream industries. The global oil and gas EPC market is expected to grow with a CAGR of 4% to 6% from 2023 to 2028. The major drivers for this market are rising demand for oil and gas EPC among the upstream sector and rising need for EPC due to newly discovered oil and gas resources in several nations.
Oil and Gas EPC Market by Service Type, Application, and End Use Industry

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched and other details of the global oil and gas EPC market report, please download the report brochure.
Oil and Gas EPC Market by Segments

Oil and Gas EPC Market by Segment
The study includes a forecast for the global oil and gas EPC market by service type, application, end use industry, and region, as follows:
 
Oil and Gas EPC Market by Service Type [Value ($B) Shipment Analysis from 2017 to 2028]:
  • Engineering
  • Construction & Installation
  • Procurement
  • Management Services
  • Fabrication & Equipment
Oil and Gas EPC Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
  • Offshore
  • Onshore
Oil and Gas EPC Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
  • Upstream
  • Downstream
  • Midstream
Oil and Gas EPC Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
  • América del norte
  • Europa
  • Asia Pacífico
  • The Rest of the World
List of Oil and Gas EPC Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies oil and gas EPC companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the oil and gas EPC companies profiled in this report include.
  • TechnipFMC
  • WorleyParsons
  • Saipem SpA
  • Petrofac
  • Bechtel
  • Mott MacDonald
  • Fluor
Oil and Gas EPC Market Insights
  • Lucintel forecasts that fabrication & equipment will remain the largest segment by services type over the forecast period due to the growing integration of industrial automation and IoT software among the end use industries.
  • Upstream is expected to remain the larger segment by end use industry due to affordability, minimal complexity, less risky and more sites to access.
  • APAC will remain the largest region due to huge urbanization rate and continuous investment for the development of upstream and offshore in the region.
Features of the Oil and Gas EPC Market
  • Market Size Estimates: Oil and gas EPC market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Oil and gas EPC market size by various segments, such as by service type, application, end use industry, and region
  • Regional Analysis: Oil and gas EPC market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different by service type, application, end use industry, and regions for the oil and gas EPC market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the oil and gas EPC market.
  • Análisis de la intensidad competitiva de la industria basada en el modelo de cinco fuerzas de Porter.
FAQ
Q1. What is the oil and gas EPC market size?
Answer: The global oil and gas EPC market is expected to reach an estimated $xx billion by 2028.
Q2. What is the growth forecast for oil and gas EPC market?
Answer: The global oil and gas EPC market is expected to grow with a CAGR of 4% to 6% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the oil and gas EPC market?
Answer: The major drivers for this market are rising demand for oil and gas EPC among the upstream sector and rising need for EPC due to newly discovered oil and gas resources in several nations.
Q4. What are the major segments for oil and gas EPC market?
Answer: The future of the oil and gas EPC market looks promising with opportunities in the upstream, downstream, and midstream industries.
Q5. Who are the key oil and gas EPC companies?
Answer: Some of the key oil and gas EPC companies are as follows:
  • TechnipFMC
  • WorleyParsons
  • Saipem SpA
  • Petrofac
  • Bechtel
  • Mott MacDonald
  • Fluor
Q6. Which oil and gas EPC segment will be the largest in future?
Answer: Lucintel forecasts that fabrication & equipment will remain the largest segment by service type over the forecast period due to the growing integration of industrial automation and IoT software among the end use industries.
Q7. In oil and gas EPC market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to huge urbanization rate and continuous investment for the development of upstream and offshore in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 
This report answers following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for the oil and gas EPC market by service type (engineering, construction & installation, procurement, management service, and fabrication & equipment), application (offshore and onshore), end use industry (upstream, downstream, and midstream), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to oil and gas EPC market or related to oil and gas EPC companies, oil and gas EPC market size, oil and gas EPC market share, oil and gas EPC analysis, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Tabla de contenido
 
1. Executive Summary
 
2. Global Oil and Gas EPC Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Oil and Gas EPC Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Oil and Gas EPC Market by Service Type
3.3.1: Engineering
3.3.2: Construction & Installation
3.3.3: Procurement
3.3.4: Management Service
3.3.5: Fabrication & Equipment
3.4: Global Oil and Gas EPC Market by Application
3.4.1: Offshore 
3.4.2: Onshore
3.5: Global Oil and Gas EPC Market by End Use Industry
3.5.1: Upstream
3.5.2: Downstream
3.5.3: Midstream 
 
4. Market Trends and Forecast Analysis by Region from 2017-2028
4.1: Global Oil and Gas EPC Market by Region
4.2: North American Oil and Gas EPC Market
4.2.1: North American Oil and Gas EPC Market by Service Type: Engineering, Construction & Installation, Procurement, Management Services, and Fabrication & Equipment
4.2.2: North American Oil and Gas EPC Market by End Use Industry: Upstream, Downstream, and Midstream 
4.3: European Oil and Gas EPC Market
4.3.1: European Oil and Gas EPC Market by Service Type: Engineering, Construction & Installation, Procurement, Management Services, and Fabrication & Equipment
4.3.2: European Oil and Gas EPC Market by End Use Industry: Upstream, Downstream, and Midstream
4.4: APAC Oil and Gas EPC Market 
4.4.1: APAC Oil and Gas EPC Market by Service Type: Engineering, Construction & Installation, Procurement, Management Services, and Fabrication & Equipment
4.4.2: APAC Oil and Gas EPC Market by End Use Industry: Upstream, Downstream, and Midstream
4.5: ROW Oil and Gas EPC Market 
4.5.1: ROW Oil and Gas EPC Market by Service Type: Engineering, Construction & Installation, Procurement, Management Services, and Fabrication & Equipment
4.5.2: ROW Oil and Gas EPC Market by End Use Industry: Upstream, Downstream, and Midstream
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Oil and Gas EPC Market by Services Type
6.1.2: Growth Opportunities for the Global Oil and Gas EPC Market by Application 
6.1.3: Growth Opportunities for the Global Oil and Gas EPC Market by End Use Industry
6.1.4: Growth Opportunities for the Global Oil and Gas EPC Market by Region
6.2: Emerging Trends in the Global Oil and Gas EPC Market 
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Oil and Gas EPC Market 
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Oil and Gas EPC Market 
6.3.4: Certification and Licensing
 
7. Company Profiles of Leading Players
7.1: TechnipFMC
7.2: WorleyParsons 
7.3: Saipem SpA
7.4: Petrofac 
7:5: Bechtel 
7.6: Mott MacDonald 
7.7: Fluor
 
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