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Global Drill Collars Market 2015-2019

Global Drill Collars Market 2015-2019

Global Drill Collars Market 2015-2019

Covering: This industry research report segments the global drill collars market by raw material (standard steel drill collar and non-magnetic alloy drill collar), by design (spiral and slick), by application (offshore and onshore), and by geography (Americas, APAC, and EMEA). Leading vendors in this market are Halliburton, Hunting, National Oil well Varco, Schlumberger, Vallourec, Workstrings International, and Weatherford International.

Market outlook of the global drill collars market

Drill collars are an essential part of the drill string and are heavy, thick-walled steel collars with threaded connections at both ends. Technavio market research analysts estimate eminent factors, such as the increasing drilling activities across the world and rapidly increasing oil and gas demand, to positively influence market growth and result

in its modest CAGR of nearly 6% by 2019.

Geographically, the Americas are expected to lead the global market for drill collars during the forecast period. Rising demand for energy, growing need to maximize production from existing wells, and the redevelopment of maturing oil fields wells are some of the significant factors that accounts for this region’s high market share of almost 63% by 2019.

Segmentation by raw materials and analysis of the drill collars market

  • Standard steel drill collar
  • Non-magnetic alloy drill collar
In this market research report, analysts estimate the standard steel drill collars segment to account for more than 66% of the total market share by 2019. Increasing offshore drilling activities and the high tensile and material strength of standard steel drill collars are expected to result in its high market share during the forecast period.

Design-based segmentation of the drill collars market
  • Spiral
  • Slick
The slick drill collar segment is envisaged to be the largest market segment during the forecast period. This segment singlehandedly accounts for more than 62% of the total market share by 2019 and the widespread availability of oilfields that require relatively easy drilling operations is estimated to be the primary reason for the growth of this segment.

Competitive landscape and key vendors

This market is highly fragmented due to the presence of numerous multinational and regional vendors. Growth and development of this market are dependent on factors like the efficiency of drill collars, increasing investment by market vendors, and advances in tools technology. Additionally, it has been observed that numerous vendors across the globe are now investing in R&D activities to improve the well drilling efficiency of drill collars.

Key vendorsin this market are -
  • Halliburton
  • Hunting
  • National Oil well Varco
  • Schlumberger
  • Vallourec
  • Workstrings International
  • Weatherford International
Other prominent vendors analyzed in this global market research are American Oilfield Tools, ACE, Aliron Tool Research, Challenger International, Command Energy Services, Downhole Oil Tools, Global Drilling Solutions, Superior Drillcollar, and Tasman Oil Tools.
    Key questions answered in the report include
    • What will the market size and the growth rate be in 2019?
    • What are the key factors driving the global drill collars market?
    • What are the key market trends impacting the growth of the global drill collars market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global drill collars market?
    • What are the market opportunities and threats faced by the vendors in the global drill collars market?
    • Trending factors influencing the market shares of the EMEA, Americas, and APAC?
    • What are the key outcomes of the five forces analysis of the global drill collars market?
    Technavio also offers customization on reports based on specific client requirement.

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    Press Release

    Technavio Announces the Publication of its Research Report – Global Drill Collars Market 2015-2019

    Technavio recognizes the following companies as the key players in the Global Drill Collars Market: Halliburton, Hunting, National Oil well Varco, Schlumberger, Vallourec, Workstrings International and Weatherford International

    Other Prominent Vendors in the market are: American Oilfield Tools, ACE, Aliron Tool Research, Challenger International, Command Energy Services, Downhole Oil Tools, Global Drilling Solutions, Superior Drillcollar, and Tasman Oil Tools.

    Commenting on the report, an analyst from Technavio’s team said: “Advances in drilling technology and equipment will significantly increase the efficiency, control, and monitoring of the oil and gas wells. Market vendors are increasing their R&D investments, which is likely to improve the reliability and efficiency of drill collars and other downhole drilling tools. In addition, these advances improve drilling activities and facilitate drilling of unconventional reserves and redevelopment of mature fields.”

    According to the report, increased demand for oil and gas is one of the major drivers in the global oil and gas drill collar market. Expansion of oil and gas exploration and drilling activities is expected to stimulate growth of the market in the near future. The growing demand for oil and gas will drive large investments in state-of-the-art technology to increase the efficiency of drill collars, ensuring oil production.

    Further, the report states that a persistent decline in prices during the forecast period is expected to reduce investments in drilling and completion activities and negatively impact the global drill collar market.

    Companies Mentioned

    Halliburton, Hunting, National Oil well Varco, Schlumberger, Vallourec, Workstrings International, Weatherford International, American Oilfield Tools, ACE, Aliron Tool Research, Challenger International, Command Energy Services, Downhole Oil Tools, Global Drilling Solutions, Superior Drillcollar, Tasman Oil Tools.

    • Executive summary
      • Highlights
    • Scope of the report
      • Market overview
      • Top vendor offerings
        • Table Product offerings
    • Market research methodology
      • Research methodology
      • Economic indicators
    • Introduction
      • Key market highlights
      • Overview of global upstream oil and gas sector
        • Table Number of wells drilled 2014 and 2019
    • Market landscape
      • Market overview
        • Table Global drill collar market
      • Drill collar manufacturing process
        • Table Drill collar manufacturing process
        • Table Slick drill collar
        • Table Spiral drill collar
      • Market size and forecast
        • Table Global drill collar market 2014-2019 ($ billion)
        • Table Global rotary rig count 2009-2015
      • Five forces analysis
        • Table Five forces analysis
    • Market segmentation by raw material
      • Global drill collar market by raw material 2014
        • Table Global drill collar market by raw material 2014
      • Global drill collar market by raw material 2019
        • Table Global drill collar market by raw material 2019
      • Global drill collar market by raw material 2014-2019
      • Global drill collar market by standard steel drill collar
        • Table Global drill collar market by standard steel drill collar 2014-2019 ($ billion)
      • Global drill collar market by non-magnetic alloy drill collar
        • Table Global drill collar market by non-magnetic alloy drill collar 2014-2019 ($ billion)
    • Market segmentation by design
      • Global drill collar market by design 2014
        • Table Global drill collar market in Middle East by design 2014
      • Global drill collar market by design 2019
        • Table Global drill collar market in Middle East by design 2019
      • Global drill collar market by design 2014-2019
      • Global drill collar market by slick drill collar
        • Table Global drill collar market by slick drill collar 2014-2019 ($ billion)
      • Global drill collar market by spiral drill collar
        • Table Global drill collar market by spiral drill collar 2014-2019 ($ billion)
    • Market segmentation by application
      • Global drill collar market by application 2014
        • Table Global drill collar market by application 2014
      • Global drill collar market by application 2019
        • Table Global drill collar market by application 2019
      • Global drill collar market by application 2014-2019
      • Global drill collar market by onshore
        • Table Global drill collar market by onshore 2014-2019 ($ million)
      • Global drill collar market by offshore
        • Table Global drill collar market by offshore 2014-2019 ($ million)
    • Geographical segmentation
      • Global drill collar market by geographical segmentation 2014
        • Table Global drill collar market by geographical segmentation 2014
      • Global drill collar market by geographical segmentation 2019
        • Table Global drill collar market by geographical segmentation 2019
      • Global drill collar market by geographical segmentation 2014-2019
      • Drill collar market in Americas
        • Table Drill collar market in Americas 2014-2019 ($ billion)
      • Drill collar market in EMEA
        • Table Drill collar market in EMEA 2014-2019 ($ billion)
      • Drill collar market in APAC
        • Table Drill collar market in APAC 2014-2019 ($ billion)
    • Key leading countries
      • Table Key leading countries
    • Market drivers
      • Table Global oil and gas consumption 2009-2014
      • Table Percentage of US oil and natural gas from tight oil and shale gas 2005-2020F
    • Impact of drivers
      • Table Impact of drivers
    • Market challenges
      • Table WTI spot price July 2014-July 2015 ($/bbl)
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges
    • Market trends
    • Vendor landscape
      • Competitive scenario
      • Other prominent vendors
    • Key vendor analysis
      • Halliburton
      • Hunting
        • Table Hunting: Business segmentation by revenue 2014
        • Table Hunting: Business segmentation by revenue 2013 and 2014 ($ billion)
        • Table Hunting: Geographical segmentation by revenue 2014
      • National Oilwell Varco
        • Table National Oilwell Varco: Business segmentation by revenue 2014
        • Table National Oilwell Varco: Business segmentation by revenue 2013 and 2014 ($ million)
        • Table National Oilwell Varco: Geographical segmentation by revenue 2014
      • Schlumberger
      • Vallourec
        • Table Vallourec: Business segmentation by revenue 2014
        • Table Vallourec: Business segmentation by revenue 2013 and 2014 ($ billion)
        • Table Vallourec: Geographical segmentation by revenue 2014
      • Workstrings International
        • Table Workstrings International: Product segmentation
      • Weatherford International
        • Table Weatherford International: Product segmentation
        • Table Weatherford: Business segmentation by revenue 2014
        • Table Weatherford: Geographical segmentation by revenue 2014
    • Appendix
      • List of abbreviations
    • Explore Technavio

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