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Global Downhole Tools Market 2024-2028

Publisher TechNavio
Published Aug 02, 2024
Length 155 Pages
SKU # INF19384284

Description

Global Downhole Tools Market 2024-2028


Global Downhole Tools Market 2024-2028

The downhole tools market is forecasted to grow by USD 9.8 bn during 2023-2028, accelerating at a CAGR of 4.82% during the forecast period. The report on the downhole tools market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in unconventional oil and gas resources, growing popularity of offshore field operations, and discovery of new oilfields and refineries.

Technavio's downhole tools market is segmented as below:
  • By Application
  • Drilling
  • Well intervention
  • Completion
  • By Geographical Landscape
  • North America
  • Middle East and Africa
  • Europe
  • APAC
  • South America
This study identifies the new-generation automated drilling rigs as one of the prime reasons driving the downhole tools market growth during the next few years. Also, introduction of laser drilling and rise in deep and ultra-deepwater drilling projects will lead to sizable demand in the market.

The report on the downhole tools market covers the following areas:
  • Downhole tools market sizing
  • Downhole tools market forecast
  • Downhole tools market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading downhole tools market vendors that include Aker Solutions ASA, AKITA Drilling Ltd, American Oilfield Tools Inc., Archer Ltd., Baker Hughes Co., Dril Quip Inc., General Electric Co., Halliburton Co., Hunting Plc, Innovex, NexTier Oilfield Solutions Inc., Nine Energy Service Inc, NOV Inc., Schlumberger Ltd., Schoeller Bleckmann Oilfield Equipment AG, Superior Energy Services Inc., Tasman Oil Tools Ltd., The Weir Group Plc, Tryton Tool Services, and Weatherford International Plc. Also, the downhole tools market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

155 Pages
    • Market overview
    • Market ecosystem
    • Market characteristics
    • Value chain analysis
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
    • Global Downhole Tools Market 2018 - 2022
    • Application segment analysis 2018 - 2022
    • Geography segment analysis 2018 - 2022
    • Country segment analysis 2018 - 2022
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by Application
    • Drilling - Market size and forecast 2023-2028
    • Well intervention - Market size and forecast 2023-2028
    • Completion - Market size and forecast 2023-2028
    • Market opportunity by Application
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2023-2028
    • Middle East and Africa - Market size and forecast 2023-2028
    • Europe - Market size and forecast 2023-2028
    • APAC - Market size and forecast 2023-2028
    • South America - Market size and forecast 2023-2028
    • US - Market size and forecast 2023-2028
    • Saudi Arabia - Market size and forecast 2023-2028
    • Russia - Market size and forecast 2023-2028
    • China - Market size and forecast 2023-2028
    • Brazil - Market size and forecast 2023-2028
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market opportunities/restraints
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
    • Companies profiled
    • Market positioning of companies
    • Archer Ltd.
    • Baker Hughes Co.
    • Dril Quip Inc.
    • General Electric Co.
    • Halliburton Co.
    • NOV Inc.
    • Schlumberger Ltd.
    • Schoeller Bleckmann Oilfield Equipment AG
    • Superior Energy Services Inc.
    • Weatherford International Plc
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations
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