Market Reports Center One Stop Market Reaserch Shop Oil and Gas Logistics Market Analysis, Share and Size, Emerging Trends, Overview and Outlook, Growth And Segment Forecasts To 2020 Technavio Announces the Publication of its Research Report – Global Oil and Gas Logistics Market 20162020 Technavio recognizes the following companies as the key players in the global oil and gas logistics market: Agility, BDP International, DB Schenker, Deutsche Post DHL, Kuehne + Nagel, and Neovia Logistics Services. Other Prominent Vendors in the market are: ASCO, CEVA Logistics, CH Robinson, Expeditors International of Washington, GAC Logistics, Panalpina, Ryder Systems, and UPS Supply Chain. Browse full report with TOC@ https://marketreportscenter.com/reports/349516/global-oil-and-gaslogistics-market-2016-2020 Commenting on the report, an analyst from Technavio’ s team said: “Replacement of coal-fired power plants by natural gas-based power plants will be a key trend for market growth. The translation of low oil prices into lower gas prices is encouraging a shift toward natural gas-powered power generation systems with rapid replacement of inefficient and inflexible coal-fired power plants, especially in developed countries like the US. The need to decrease fuel costs, which account for a major portion of the overall cost, as well as the LCOE of gas turbine to capitalize on the growing trend of natural gasbased power generation is incentivizing manufacturers to develop gas turbines with higher efficiencies.” According to the report, one of the key drivers for market growth will be surge in offshore oil and gas exploration and production activities. Exploration and production (E&P) activity is an upstream process Market Reports Center One Stop Market Reaserch Shop in the oil and gas industry, which includes locating oil rigs, searching for oil and petrochemical products, underwater drilling for natural gas and crude oil fields, and operating subsea vessels. The vessel operators and owners of oil and gas fields work with various contractors such as engineering procurement and construction (EPC) contractors and oil rig companies for the procurement of underwater natural resources. In the Middle East and the US new shale oil fields have been discovered, which will lead many oil-producing companies to place their business there, thus increasing the demand for logistics services. Further, the report states that high operational cost and competitive pricing will be a challenge for the market. The logistics market requires a capital-intensive infrastructure like a large fleet of vehicles and containers at ports, technology-equipped warehouses specialized for storing different kinds of products, and skilled workforce. The logistics service providers must control their operational costs to compete in the market. Thus, small-sized logistics companies, which generate low revenue from their business operations, have long breakeven periods because of high operating costs. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/349516 About Oil and Gas Companie Oil and gas companies work in complex and dynamic settings where they face continuous challenges, particularly in terms of supply and demand. With the ongoing oil prices at historic lows, it has become imperative for oil and gas companies to evaluate their supply chain and outsource their logistics and transportation activities to logistics firm for better procurement and cost savings. The oil and gas logistics is not just about focus on the product supply chains, but it also deals with the non-hydrocarbon supply chains, which include handling of the heavy equipment, spare parts, and other requisite materials and services required to run the oil and gas business. The delivery of the equipment and services is critical to find, extract, refine, and market the oil and gas. Procurement and supply chain involves huge costs and is set to be of critical importance for oil and gas companies, especially with the current (20152016) sliding of oil prices. Technavio’ s analysts forecast the global oil and gas logistics market to grow at a CAGR of 6.62% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the global oil and gas logistics market for 2016-2020. To calculate the market size, the report considers the evenue generated by thirdparty logistics for providing a full range of onshore and offshore services. The market is divided into the following segments based on geography: Market Reports Center One Stop Market Reaserch Shop • Americas • APAC • EMEA Technavio's report, Global Oil and Gas Logistics Market 2016-2020, has been prepared based on an indepth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To Get Discount On The Report @ https://marketreportscenter.com/request-discount/349516 Connect for more details: Sam Collins Market Reports Center 1-646-883-3044 (US) [email protected]

Oil and gas companies work in complex and dynamic settings where they face continuous challenges, particularly in terms of supply and demand