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Petroleum & Natural Gas Support Services in Hungary Industry Data and Analysis
The Petroleum & Natural Gas Support Services industry in Hungary has a market size of €187.0m in 2026 with annual revenue growth of 4.1 %. This industry provides oil and gas well services on a fee or contract basis to firms that extract oil and gas. This includes traditional prospecting methods such as geological observations, and invasive work such as directional drilling, re-drilling, test drilling, spudding and derrick erection and maintenance. It also incorporates draining and pumping services and the liquefaction and regasification of gas for transportation.
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What's included in this industry analysis
IBISWorld's research coverage on the Petroleum & Natural Gas Support Services industry in Hungary includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of February 2026.
About this industry
What's this industry report about?
The Petroleum & Natural Gas Support Services industry in Hungary operates under the industry code HU-B091. This industry provides oil and gas well services on a fee or contract basis to firms that extract oil and gas. This includes traditional prospecting methods such as geological observations, and invasive work such as directional drilling, re-drilling, test drilling, spudding and derrick erection and maintenance. It also incorporates draining and pumping services and the liquefaction and regasification of gas for transportation. Related terms covered in the Petroleum & Natural Gas Support Services industry in Hungary include derrick, directional drilling and spudding.
What's included in this industry?
Products and services covered in Petroleum & Natural Gas Support Services industry in Hungary include Development wells, Appraisal wells and Exploration wells.
What companies are included in this industry?
The Petroleum & Natural Gas Support Services industry in Hungary is highly fragmented with no companies holding a market share greater than 5%.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Petroleum & Natural Gas Support Services industry in Hungary.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Petroleum & Natural Gas Support Services industry in Hungary. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Petroleum & Natural Gas Support Services industry in Hungary. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Petroleum & Natural Gas Support Services industry in Hungary. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Country Benchmarks
What's included in the Country Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Cafes and Coffee Shops industry in Australia. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Petroleum & Natural Gas Support Services industry in Hungary.
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Frequently Asked Questions
What is the market size of the Petroleum & Natural Gas Support Services industry in Hungary in 2026?
The market size of the Petroleum & Natural Gas Support Services industry in Hungary is €187.0m in 2026.
How many businesses are there in the Petroleum & Natural Gas Support Services industry in Hungary in 2024?
There are 35 businesses in the Petroleum & Natural Gas Support Services industry in Hungary, which has declined at a CAGR of 1.7 % between 2019 and 2024.
Has the Petroleum & Natural Gas Support Services industry in Hungary grown or declined over the past 5 years?
The market size of the Petroleum & Natural Gas Support Services industry in Hungary has been growing at a CAGR of 30.3 % between 2019 and 2024.
What is the forecast growth of the Petroleum & Natural Gas Support Services industry in Hungary over the next 5 years?
Over the next five years, the Petroleum & Natural Gas Support Services industry in Hungary is expected to grow.
What does the Petroleum & Natural Gas Support Services industry in Hungary include?
Development wells and Appraisal wells are part of the Petroleum & Natural Gas Support Services industry in Hungary.
How competitive is the Petroleum & Natural Gas Support Services industry in Hungary?
The level of competition is moderate and decreasing in the Petroleum & Natural Gas Support Services industry in Hungary.
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