| Product Code: ETC5787089 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a decline in growth rate from 2023 to 2024, Burkina Faso`s oilfield equipment rental import shipments continued to attract suppliers from diverse countries such as USA, Germany, Japan, Mexico, and China. The Herfindahl-Hirschman Index (HHI) indicated moderate concentration in 2024, suggesting a competitive market landscape. The negative compound annual growth rate (CAGR) from 2020 to 2024 may be attributed to various factors affecting the industry. However, the presence of multiple key exporting countries highlights the global interest in providing oilfield equipment rental services to Burkina Faso.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Burkina Faso Oilfield Equipment Rental Market Overview |
3.1 Burkina Faso Country Macro Economic Indicators |
3.2 Burkina Faso Oilfield Equipment Rental Market Revenues & Volume, 2021 & 2031F |
3.3 Burkina Faso Oilfield Equipment Rental Market - Industry Life Cycle |
3.4 Burkina Faso Oilfield Equipment Rental Market - Porter's Five Forces |
3.5 Burkina Faso Oilfield Equipment Rental Market Revenues & Volume Share, By Equipment, 2021 & 2031F |
3.6 Burkina Faso Oilfield Equipment Rental Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Burkina Faso Oilfield Equipment Rental Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in oil and gas exploration activities in Burkina Faso |
4.2.2 Increasing demand for cost-effective equipment rental solutions |
4.2.3 Government initiatives to boost the oil and gas sector in the country |
4.3 Market Restraints |
4.3.1 High initial investment costs for oilfield equipment rental companies |
4.3.2 Regulatory challenges and compliance requirements in the oil and gas industry |
4.3.3 Volatility in global oil prices impacting investment decisions |
5 Burkina Faso Oilfield Equipment Rental Market Trends |
6 Burkina Faso Oilfield Equipment Rental Market Segmentations |
6.1 Burkina Faso Oilfield Equipment Rental Market, By Equipment |
6.1.1 Overview and Analysis |
6.1.2 Burkina Faso Oilfield Equipment Rental Market Revenues & Volume, By Drilling, 2021-2031F |
6.1.3 Burkina Faso Oilfield Equipment Rental Market Revenues & Volume, By Pressure & Flow Control, 2021-2031F |
6.2 Burkina Faso Oilfield Equipment Rental Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Burkina Faso Oilfield Equipment Rental Market Revenues & Volume, By Onshore, 2021-2031F |
6.2.3 Burkina Faso Oilfield Equipment Rental Market Revenues & Volume, By Offshore, 2021-2031F |
7 Burkina Faso Oilfield Equipment Rental Market Import-Export Trade Statistics |
7.1 Burkina Faso Oilfield Equipment Rental Market Export to Major Countries |
7.2 Burkina Faso Oilfield Equipment Rental Market Imports from Major Countries |
8 Burkina Faso Oilfield Equipment Rental Market Key Performance Indicators |
8.1 Utilization rate of oilfield equipment |
8.2 Average rental duration of equipment |
8.3 Maintenance and downtime costs |
8.4 Customer satisfaction levels with rental services |
8.5 Rate of equipment technology upgrades and innovations |
9 Burkina Faso Oilfield Equipment Rental Market - Opportunity Assessment |
9.1 Burkina Faso Oilfield Equipment Rental Market Opportunity Assessment, By Equipment, 2021 & 2031F |
9.2 Burkina Faso Oilfield Equipment Rental Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Burkina Faso Oilfield Equipment Rental Market - Competitive Landscape |
10.1 Burkina Faso Oilfield Equipment Rental Market Revenue Share, By Companies, 2024 |
10.2 Burkina Faso Oilfield Equipment Rental Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |