Facility Maintenance Products & Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Oil & Gas Facility Construction & Maintenance
Overview
Market size
$295.0B
global, USD
CAGR
3.4%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
10
2 high severity
Market outlook
2031$348.7B
What changed
Demand by region
North America demand35%
Asia Pacific demand25%
Middle East demand20%
Europe demand12%
Rest of world demand8%
share of global demandtotal 100%
Cost drivers
Skilled and Unskilled Labor45%
Steel and Fabricated Piping20%
Equipment and Machinery Modules15%
Engineering and Project Management12%
Logistics and Fuel8%
share of delivered cost (analyst estimate)