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Published on : Mar 07, 2016

ALBANY, New York, March 7, 2016 - A new market research report, titled “Oil & Gas: Global Group of Eight (G8) Industry Guide,” featured on ResearchMoz.us analyzes the oil and gas market in G8 countries by stating its current state and future trends. The report aims to help readers make effective business strategies, by knowing the prevalent market conditions for the oil and gas industry in G8 countries. According to the report, G8 countries were responsible for contributing US$845.2 bn in 2015 to the global oil and gas industry, exhibiting a CAGR of 13.2% for the period from 2011 to 2015. For the forecast period from 2015 to 2020, the G8 countries are anticipated to contribute US$1,025.1 bn, displaying a CAGR of 3.9%. 

According to the report, the market revenue of the U.S. for 2015 was US$426.8 bn, making the country the leader in the oil and gas industry among the G8 nations. The U.S. is expected to continue to dominate the oil and gas industry and reach a value of US$517.7 bn in 2016. Russia and Japan followed the U.S. with valuations of US$111 bn and US$89.6 bn, respectively, in 2015 and are expected to be valued at US$141.4 bn and US$103.0 bn, respectively, in 2016.

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The report answers important questions such as the size of the G8 oil and gas market in 2015 by value, the factors affecting the competition in the market, the performance of the oil and gas market in the G8 region in the last five years, and the list of significant competitors in this market. It also gives data about the financial performance and operations of each company.

The report features a detailed comparison of statistical data taken from the U.S., Canada, Germany, France, the U.K., Italy, Japan, and Russia and also has a chapter dedicated to individual countries. The report is beneficial for interested individuals and companies who want to know the future growth prospects of the oil and gas industry, as it contains a five year forecast for the industry in G8 countries. 

The report comprises statistical data, charts, figures, and infographics to ensure easy understanding for the readers. Porter’s five forces analysis has been used to determine the competitive landscape and intensity. It is also used to determine the investment attractiveness of the oil and gas industry in G8. The report is highly beneficial, as it saves precious time, which would have been used to carry out entry-level research by interested companies to find out more about the oil and gas industry’s size, growth prospects, major segments, and the key players in the industry.

Offering a qualitative and quantitative summary of the oil and gas industry, including aspects such as the market size in terms of value, volume, and forecast for the period from 2015 to 2019, the report gives key financial metrics and in-depth analysis of the competition within the oil and gas industry in G8 countries. The macroeconomic indicators for each of the G8 countries, along with their market outlook, are presented in the report. 

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