Global Borehole Enlargement Systems Market 2024-2028

Borehole Enlargement Systems Market 2024-2028


The borehole enlargement systems market is forecasted to grow by USD 308 mn during 2023-2028, accelerating at a CAGR of 3.5% during the forecast period. The report on the borehole enlargement systems 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 oil and natural gas demand, rising investments in shale oil and gas, and rise in deep water and ultra-deepwater e and p activities.

Technavio's borehole enlargement systems market is segmented as below:
  • By Application
  • Onshore
  • Offshore
  • By Geographical Landscape
  • North America
  • Europe
  • South America
  • APAC
  • Middle East and Africa
This study identifies the emergence of laser drilling technology in oil and gas industry as one of the prime reasons driving the borehole enlargement systems market growth during the next few years. Also, innovations in reamers and emergence of next-generation automated drilling rigs will lead to sizable demand in the market.

The report on the borehole enlargement systems market covers the following areas:
  • Borehole enlargement systems market sizing
  • Borehole enlargement systems market forecast
  • Borehole enlargement systems 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 borehole enlargement systems market vendors that include Atlas Copco AB, Baker Hughes Co., DRILLING TOOLS INTERNATIONAL, Drillstar Industries, EasyDrill LLC, Halliburton Co., Hole Opener Corp., NOV Inc., Oilfields Supply Center Ltd., Paradigm Group BV, Radius Service LLC, Redback Drilling Tools, Reservoir Group, Sandvik AB, Schlumberger Ltd., Schoeller Bleckmann Oilfield Equipment AG, The Industrialization and Energy Services Co.KSA, Weatherford International Plc, Wenzel Downhole Tools, and Western Drilling Tools Inc.. Also, the borehole enlargement systems 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 primary and secondary research. 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 accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Borehole Enlargement Systems Market 2018 - 2022
Historic Market Size - Data Table on Global Borehole Enlargement Systems Market 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
6.3 Onshore - Market size and forecast 2023-2028
Chart on Onshore - Market size and forecast 2023-2028 ($ million)
Data Table on Onshore - Market size and forecast 2023-2028 ($ million)
Chart on Onshore - Year-over-year growth 2023-2028 (%)
Data Table on Onshore - Year-over-year growth 2023-2028 (%)
6.4 Offshore - Market size and forecast 2023-2028
Chart on Offshore - Market size and forecast 2023-2028 ($ million)
Data Table on Offshore - Market size and forecast 2023-2028 ($ million)
Chart on Offshore - Year-over-year growth 2023-2028 (%)
Data Table on Offshore - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.4 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.5 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.6 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.7 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.9 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.10 Russia - Market size and forecast 2023-2028
Chart on Russia - Market size and forecast 2023-2028 ($ million)
Data Table on Russia - Market size and forecast 2023-2028 ($ million)
Chart on Russia - Year-over-year growth 2023-2028 (%)
Data Table on Russia - Year-over-year growth 2023-2028 (%)
8.11 Argentina - Market size and forecast 2023-2028
Chart on Argentina - Market size and forecast 2023-2028 ($ million)
Data Table on Argentina - Market size and forecast 2023-2028 ($ million)
Chart on Argentina - Year-over-year growth 2023-2028 (%)
Data Table on Argentina - Year-over-year growth 2023-2028 (%)
8.12 Canada - Market size and forecast 2023-2028
Chart on Canada - Market size and forecast 2023-2028 ($ million)
Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Chart on Canada - Year-over-year growth 2023-2028 (%)
Data Table on Canada - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Atlas Copco AB
Atlas Copco AB - Overview
Atlas Copco AB - Business segments
Atlas Copco AB - Key news
Atlas Copco AB - Key offerings
Atlas Copco AB - Segment focus
11.4 Baker Hughes Co.
Baker Hughes Co. - Overview
Baker Hughes Co. - Business segments
Baker Hughes Co. - Key news
Baker Hughes Co. - Key offerings
Baker Hughes Co. - Segment focus
11.5 DRILLING TOOLS INTERNATIONAL
DRILLING TOOLS INTERNATIONAL - Overview
DRILLING TOOLS INTERNATIONAL - Product / Service
DRILLING TOOLS INTERNATIONAL - Key offerings
11.6 Halliburton Co.
Halliburton Co. - Overview
Halliburton Co. - Business segments
Halliburton Co. - Key news
Halliburton Co. - Key offerings
Halliburton Co. - Segment focus
11.7 NOV Inc.
NOV Inc. - Overview
NOV Inc. - Business segments
NOV Inc. - Key news
NOV Inc. - Key offerings
NOV Inc. - Segment focus
11.8 Paradigm Group BV
Paradigm Group BV - Overview
Paradigm Group BV - Product / Service
Paradigm Group BV - Key news
Paradigm Group BV - Key offerings
11.9 Radius Service LLC
Radius Service LLC - Overview
Radius Service LLC - Product / Service
Radius Service LLC - Key offerings
11.10 Schlumberger Ltd.
Schlumberger Ltd. - Overview
Schlumberger Ltd. - Business segments
Schlumberger Ltd. - Key news
Schlumberger Ltd. - Key offerings
Schlumberger Ltd. - Segment focus
11.11 The Industrialization and Energy Services Co.KSA
The Industrialization and Energy Services Co.KSA - Overview
The Industrialization and Energy Services Co.KSA - Product / Service
The Industrialization and Energy Services Co.KSA - Key offerings
11.12 Weatherford International Plc
Weatherford International Plc - Overview
Weatherford International Plc - Business segments
Weatherford International Plc - Key news
Weatherford International Plc - Key offerings
Weatherford International Plc - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Global Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Application
Exhibits6: Executive Summary - Chart on Incremental Growth
Exhibits7: Executive Summary - Data Table on Incremental Growth
Exhibits8: Executive Summary - Chart on Company Market Positioning
Exhibits9: Parent Market
Exhibits10: Data Table on - Parent Market
Exhibits11: Market characteristics analysis
Exhibits12: Value Chain Analysis
Exhibits13: Offerings of companies included in the market definition
Exhibits14: Market segments
Exhibits15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits19: Historic Market Size - Data Table on Global Borehole Enlargement Systems Market 2018 - 2022 ($ million)
Exhibits20: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits23: Five forces analysis - Comparison between 2023 and 2028
Exhibits24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits29: Chart on Market condition - Five forces 2023 and 2028
Exhibits30: Chart on Application - Market share 2023-2028 (%)
Exhibits31: Data Table on Application - Market share 2023-2028 (%)
Exhibits32: Chart on Comparison by Application
Exhibits33: Data Table on Comparison by Application
Exhibits34: Chart on Onshore - Market size and forecast 2023-2028 ($ million)
Exhibits35: Data Table on Onshore - Market size and forecast 2023-2028 ($ million)
Exhibits36: Chart on Onshore - Year-over-year growth 2023-2028 (%)
Exhibits37: Data Table on Onshore - Year-over-year growth 2023-2028 (%)
Exhibits38: Chart on Offshore - Market size and forecast 2023-2028 ($ million)
Exhibits39: Data Table on Offshore - Market size and forecast 2023-2028 ($ million)
Exhibits40: Chart on Offshore - Year-over-year growth 2023-2028 (%)
Exhibits41: Data Table on Offshore - Year-over-year growth 2023-2028 (%)
Exhibits42: Market opportunity by Application ($ million)
Exhibits43: Data Table on Market opportunity by Application ($ million)
Exhibits44: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits45: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits46: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits47: Chart on Geographic comparison
Exhibits48: Data Table on Geographic comparison
Exhibits49: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits50: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits51: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits52: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits53: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits54: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits55: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits56: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits57: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits58: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits59: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits60: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits61: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits62: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits63: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits64: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits65: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits66: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits67: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits68: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits69: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits70: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits71: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits72: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits73: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits74: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits75: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits76: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits77: Chart on Russia - Market size and forecast 2023-2028 ($ million)
Exhibits78: Data Table on Russia - Market size and forecast 2023-2028 ($ million)
Exhibits79: Chart on Russia - Year-over-year growth 2023-2028 (%)
Exhibits80: Data Table on Russia - Year-over-year growth 2023-2028 (%)
Exhibits81: Chart on Argentina - Market size and forecast 2023-2028 ($ million)
Exhibits82: Data Table on Argentina - Market size and forecast 2023-2028 ($ million)
Exhibits83: Chart on Argentina - Year-over-year growth 2023-2028 (%)
Exhibits84: Data Table on Argentina - Year-over-year growth 2023-2028 (%)
Exhibits85: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits86: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits87: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits88: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits89: Market opportunity By Geographical Landscape ($ million)
Exhibits90: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits91: Impact of drivers and challenges in 2023 and 2028
Exhibits92: Overview on criticality of inputs and factors of differentiation
Exhibits93: Overview on factors of disruption
Exhibits94: Impact of key risks on business
Exhibits95: Companies covered
Exhibits96: Matrix on companies position and classification
Exhibits97: Atlas Copco AB - Overview
Exhibits98: Atlas Copco AB - Business segments
Exhibits99: Atlas Copco AB - Key news
Exhibits100: Atlas Copco AB - Key offerings
Exhibits101: Atlas Copco AB - Segment focus
Exhibits102: Baker Hughes Co. - Overview
Exhibits103: Baker Hughes Co. - Business segments
Exhibits104: Baker Hughes Co. - Key news
Exhibits105: Baker Hughes Co. - Key offerings
Exhibits106: Baker Hughes Co. - Segment focus
Exhibits107: DRILLING TOOLS INTERNATIONAL - Overview
Exhibits108: DRILLING TOOLS INTERNATIONAL - Product / Service
Exhibits109: DRILLING TOOLS INTERNATIONAL - Key offerings
Exhibits110: Halliburton Co. - Overview
Exhibits111: Halliburton Co. - Business segments
Exhibits112: Halliburton Co. - Key news
Exhibits113: Halliburton Co. - Key offerings
Exhibits114: Halliburton Co. - Segment focus
Exhibits115: NOV Inc. - Overview
Exhibits116: NOV Inc. - Business segments
Exhibits117: NOV Inc. - Key news
Exhibits118: NOV Inc. - Key offerings
Exhibits119: NOV Inc. - Segment focus
Exhibits120: Paradigm Group BV - Overview
Exhibits121: Paradigm Group BV - Product / Service
Exhibits122: Paradigm Group BV - Key news
Exhibits123: Paradigm Group BV - Key offerings
Exhibits124: Radius Service LLC - Overview
Exhibits125: Radius Service LLC - Product / Service
Exhibits126: Radius Service LLC - Key offerings
Exhibits127: Schlumberger Ltd. - Overview
Exhibits128: Schlumberger Ltd. - Business segments
Exhibits129: Schlumberger Ltd. - Key news
Exhibits130: Schlumberger Ltd. - Key offerings
Exhibits131: Schlumberger Ltd. - Segment focus
Exhibits132: The Industrialization and Energy Services Co.KSA - Overview
Exhibits133: The Industrialization and Energy Services Co.KSA - Product / Service
Exhibits134: The Industrialization and Energy Services Co.KSA - Key offerings
Exhibits135: Weatherford International Plc - Overview
Exhibits136: Weatherford International Plc - Business segments
Exhibits137: Weatherford International Plc - Key news
Exhibits138: Weatherford International Plc - Key offerings
Exhibits139: Weatherford International Plc - Segment focus
Exhibits140: Inclusions checklist
Exhibits141: Exclusions checklist
Exhibits142: Currency conversion rates for US$
Exhibits143: Research methodology
Exhibits144: Information sources
Exhibits145: Data validation
Exhibits146: Validation techniques employed for market sizing
Exhibits147: Data synthesis
Exhibits148: 360 degree market analysis
Exhibits149: List of abbreviations

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