3 EXECUTIVE SUMMARY 25 4 PREMIUM INSIGHTS 30 4.1 ATTRACTIVE OPPORTUNITIES IN THE OILFIELD EQUIPMENT RENTAL MARKET , 2017 – 2022 30 4.2 OILFIELD EQUIPMENT RENTAL MARKET , BY REGION , 2016 31 4.3 OILFIELD EQUIPMENT RENTAL MARKET , BY EQUIPMENT , 2017 & 2022 32
5 MARKET OVERVIEW 33 5.1 INTRODUCTION 34 5.2 MARKET DYNAMICS 35 5.2.1 DRIVERS 35 5.2.1.1 Technological advancements in oilfield equipment 35 5.2.1.2 Increase in global investments in exploration & production ( E & P ) 36 5.2.1.3 Increased drilling activity 37 5.2.1.4 Growing unconventional hydrocarbon production in North America 38
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