Fracturing truck is a kind of special equipment vehicle which is used in the oil and natural gas filed. The function of this truck is injecting fracking fluid into the ground at a high pressure in order to fracture shale rocks to release natural gas inside.
Fracturing trucks are widely used in the exploitation of oil and gas, especially used in USA and Canada. In recent years, China became the important market of fracturing trucks. Due to the advantage of fracturing pump technology, fracturing truck market is grasped by a few companies. The main companies in the market are Halliburton, Schlumberger, STEWART&STEVENSON, Baker Hughes and Total. China leading domestic companies are SJ Petroleum Machinery and Jereh.
Due to the limitation from the environment protection laws, fracturing truck usage in Europe is restricted. The next upgrade of fracturing truck should more consider about environment protection.
The Global Fracturing Truck Market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
It also includes Market size and forecast by each application segment in terms of volume for the period 2021-2026.
In the global Fracturing Truck Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Halliburton
Schlumberger
STEWART&STEVENSON
Baker Hughes
Total
SJ Petroleum Machinery
Jereh
Tongyong
Anheng Petroleum Equipment
Kerui
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Three-cylinder Pump
Five-cylinder Pump
Others
In Market segmentation by applications :
Oil Exploitation
Gas Exploitation
Coalbed Methane Exploitation
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Fracturing Truck Market for the forecast period 2020 - 2026?
• What are the driving forces in the Fracturing Truck Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Fracturing Truck industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?