Global Managed Pressure Drilling Services (MPD) Market 2022-2028
According to market research study published by Gen Consulting Company, the market size of the global managed pressure drilling services sector is expected to rise by USD 1.0 billion with a CAGR of 4.6% by the end of 2028.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global managed pressure drilling services market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the managed pressure drilling services industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the application, technology, and region. The global market for managed pressure drilling services can be segmented by application: onshore, offshore. Among these, the offshore segment was accounted for the highest revenue generator in 2021. Managed pressure drilling services market is further segmented by technology: constant bottom hole pressure, mud cap drilling, dual gradient drilling, return flow control drilling. The constant bottom hole pressure segment is estimated to account for the largest share of the global managed pressure drilling services market. Based on region, the managed pressure drilling services market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America held the largest share of the global managed pressure drilling services market in 2021 and is anticipated to hold its share during the forecast period.
Market Segmentation
By application: onshore, offshore
By technology: constant bottom hole pressure, mud cap drilling, dual gradient drilling, return flow control drilling
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report has also analysed the competitive landscape of the global managed pressure drilling services market with some of the key players being Ensign Energy Services Inc., Halliburton Company, Nabors Industries Ltd, NOV Inc., Schlumberger Limited, Weatherford International plc, among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.
Scope of the Report
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