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
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 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.
- Executive Summary
- Market overview
- Table Executive Summary - Data Table on Market Overview
- Table Executive Summary - Data Table on Incremental Growth
- Market overview
- Market Landscape
- Market ecosystem
- Table Data Table on - Parent Market
- Market characteristics
- Value chain analysis
- Market ecosystem
- Market Sizing
- Market definition
- Market segment analysis
- Market size 2023
- Market outlook: Forecast for 2023-2028
- Table Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
- Historic Market Size
- Global Downhole Tools Market 2018 - 2022
- Table Historic Market Size - Data Table on Global Downhole Tools Market 2018 - 2022 ($ billion)
- Application segment analysis 2018 - 2022
- Geography segment analysis 2018 - 2022
- Country segment analysis 2018 - 2022
- Global Downhole Tools Market 2018 - 2022
- Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
- Market Segmentation by Application
- Market segments
- Table Data Table on Application - Market share 2023-2028 (%)
- Comparison by Application
- Table Data Table on Comparison by Application
- Drilling - Market size and forecast 2023-2028
- Table Data Table on Drilling - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on Drilling - Year-over-year growth 2023-2028 (%)
- Well intervention - Market size and forecast 2023-2028
- Table Data Table on Well intervention - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on Well intervention - Year-over-year growth 2023-2028 (%)
- Completion - Market size and forecast 2023-2028
- Table Data Table on Completion - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on Completion - Year-over-year growth 2023-2028 (%)
- Market opportunity by Application
- Table Data Table on Market opportunity by Application ($ billion)
- Market segments
- Customer Landscape
- Customer landscape overview
- Geographic Landscape
- Geographic segmentation
- Table Data Table on Market share by geography 2023-2028 (%)
- Geographic comparison
- Table Data Table on Geographic comparison
- North America - Market size and forecast 2023-2028
- Table Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on North America - Year-over-year growth 2023-2028 (%)
- Middle East and Africa - Market size and forecast 2023-2028
- Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Europe - Market size and forecast 2023-2028
- Table Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
- APAC - Market size and forecast 2023-2028
- Table Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
- South America - Market size and forecast 2023-2028
- Table Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on South America - Year-over-year growth 2023-2028 (%)
- US - Market size and forecast 2023-2028
- Table Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on US - Year-over-year growth 2023-2028 (%)
- Saudi Arabia - Market size and forecast 2023-2028
- Table Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on Saudi Arabia - Year-over-year growth 2023-2028 (%)
- Russia - Market size and forecast 2023-2028
- Table Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on Russia - Year-over-year growth 2023-2028 (%)
- China - Market size and forecast 2023-2028
- Table Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on China - Year-over-year growth 2023-2028 (%)
- Brazil - Market size and forecast 2023-2028
- Table Data Table on Brazil - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on Brazil - Year-over-year growth 2023-2028 (%)
- Market opportunity by geography
- Table Data Tables on Market opportunity by geography ($ billion)
- Geographic segmentation
- Drivers, Challenges, and Opportunity/Restraints
- Market drivers
- Rise in unconventional oil and gas resources
- Growing popularity of offshore field operations
- Discovery of new oilfields and refineries
- Market challenges
- Volatility in crude oil prices
- Increasing investments in renewable energy
- Environmental risks and strict government regulations
- Impact of drivers and challenges
- Market opportunities/restraints
- New-generation automated drilling rigs
- Introduction of laser drilling
- Rise in deep and ultra-deepwater drilling projects
- Market drivers
- Competitive Landscape
- Overview
- Competitive Landscape
- Landscape disruption
- Industry risks
- Competitive Analysis
- 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
- Appendix
- Scope of the report
- Market definition
- Objectives
- Notes and caveats
- 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
- Scope of the report
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