Global Power Slip Lifter Market By Type (Hydraulic, Pneumatic), By Bushing (Casing Bushing, Master Bushing), By Location (Offshore, Onshore), By Holding Component (Drill Pipe Slips, Drill Collar Slips, Casing Slips, Others), By Region, Forecast and Opport

Global Power Slip Lifter Market By Type (Hydraulic, Pneumatic), By Bushing (Casing Bushing, Master Bushing), By Location (Offshore, Onshore), By Holding Component (Drill Pipe Slips, Drill Collar Slips, Casing Slips, Others), By Region, Forecast and Opportunities, 2017-2027

The global power slip lifter market is expected to grow at a significant rate during the forecast period, 2023-2027. The market growth can be attributed to the rising need for safety measures at the oil drilling sites. Besides, surge in demand for better and efficient drilling equipment, and rig pipe handling system is expected to boost the growth of the global power slip lifter market in the coming years.

Power slip lifters are pipe handling systems that are capable of lifting drill-collar slips, casing slips, drill pipe slips, and so on into and out of the rotating table. The lifter is applicable to both pneumatic and hydraulic systems. The system is frequently operated using a remote or operating valve that initiates the lifting and delivering functions without any human intervention, limiting the possibility of unintentional slips, injuries, and other safety hazards. Power slip lifters are designed to set faster and enable self-centering in bushings, hence reducing tool misuse and increasing equipment life by reducing wear and tear that may occur during manhandling.

Oil rigs and drilling sites are high-risk areas for accidents due to a variety of factors such as oil leaks, improper management of drilling equipment, inadvertent wear and tear of pipe handling systems, fires, and so on. The loss suffered as a result of oil leakage, improper equipment handling, and prolonged exposure is far too great. As a result, special safety precautions for equipment handling and employees are in high demand. Growing worries about commodities and human life losses are driving the expansion of the global power slip lifter market during the next five years. Moreover, rapidly increasing demand for the oil and petroleum products from various end-use industries is also expected to drive the growth of the global power slip lifter market in the coming five years.

The global power slip lifter market is segmented on the basis of type, bushing, location, holding component, regional distribution, and competitive landscape. Based on type, the market is divided between hydraulic and pneumatic. The hydraulic segment is expected to hold the largest share in the global power slip lifter market owing to the rising offshore oil drilling sites across the world.

Market players operating in the global power slip lifter market are Imenco Smart Solutions, Weatherford International, Forum Energy Technologies Inc., Janki Oil Tools, Keystone Energy Tools, Den•Con Tool Co., are enlisted in a partial list of major market players of the global power slip lifter market.

Years considered for this report:

Historical Years: 2017-2020

Base Year: 2021

Estimated Year: 2022

Forecast Period: 2023–2027

Objective of the Study:

  • To analyze the historical growth in the market size of the global power slip lifter market from 2017 to 2021.
  • To estimate and forecast the market size of global power slip lifter market from 2022 to 2027 and growth rate until 2027.
  • To classify and forecast the global power slip lifter market based on type, bushing, location, holding component, region, and company.
  • To identify the dominant region or segment in the global power slip lifter market.
  • To identify drivers and challenges for the global power slip lifter market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global power slip lifter market.
  • To identify and analyze the profiles of leading players operating in the global power slip lifter market.
  • To identify key sustainable strategies adopted by market players in global power slip lifter market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels, and presence of all major players across the country.

TechSci Research calculated the market size of the Global power slip lifter market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global power slip lifter market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
  • Power Slip Lifter Market, By Type:
  • Hydraulic
  • Pneumatic
  • Power Slip Lifter Market, By Bushing:
  • Casing Bushing
  • Master Bushing
  • Power Slip Lifter Market, By Location:
  • Offshore
  • Onshore
  • Power Slip Lifter Market, By Holding Component:
  • Drill Pipe Slips
  • Drill Collar Slips
  • Casing Slips
  • Others
  • Power Slip Lifter Market, By Region:
  • North America
  • United States
  • Mexico
  • Canada
  • Europe
  • France
  • Germany
  • United Kingdom
  • Italy
  • Spain
  • Poland
  • Denmark
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Singapore
  • Malaysia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Iraq
  • Turkey
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Peru
  • Chile
Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global power slip lifter market.

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights


1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Global Power Slip Lifter Market
4. Executive Summary
5. Voice of Customers
5.1. Brand Awareness
5.2. Factors Considered while Selecting a Supplier
5.3. Customer Satisfaction Level
5.4. Major Challenges Faced
6. Global Power Slip Lifter Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type (Hydraulic, Pneumatic)
6.2.2. By Bushing (Casing Bushing, Master Bushing)
6.2.3. By Location (Offshore, Onshore)
6.2.4. By Holding Component (Drill Pipe Slips, Drill Collar Slips, Casing Slips, Others)
6.2.5. By Region
6.2.6. By Company
6.3. Product Market Map
7. North America Power Slip Lifter Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Bushing
7.2.3. By Location
7.2.4. By Holding Component
7.2.5. By Country
7.3. North America: Country Analysis
7.3.1. United States Power Slip Lifter Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Type
7.3.1.2.2. By Bushing
7.3.1.2.3. By Location
7.3.1.2.4. By Holding Component
7.3.2. Canada Power Slip Lifter Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Type
7.3.2.2.2. By Bushing
7.3.2.2.3. By Location
7.3.2.2.4. By Holding Component
7.3.3. Mexico Power Slip Lifter Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Type
7.3.3.2.2. By Bushing
7.3.3.2.3. By Location
7.3.3.2.4. By Holding Component
8. Asia-Pacific Power Slip Lifter Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Bushing
8.2.3. By Location
8.2.4. By Holding Component
8.2.5. By Country
8.3. Asia-Pacific: Country Analysis
8.3.1. China Power Slip Lifter Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Type
8.3.1.2.2. By Bushing
8.3.1.2.3. By Location
8.3.1.2.4. By Holding Component
8.3.2. India Power Slip Lifter Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Type
8.3.2.2.2. By Bushing
8.3.2.2.3. By Location
8.3.2.2.4. By Holding Component
8.3.3. Japan Power Slip Lifter Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Type
8.3.3.2.2. By Bushing
8.3.3.2.3. By Location
8.3.3.2.4. By Holding Component
8.3.4. South Korea Power Slip Lifter Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Type
8.3.4.2.2. By Bushing
8.3.4.2.3. By Location
8.3.4.2.4. By Holding Component
8.3.5. Australia Power Slip Lifter Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Type
8.3.5.2.2. By Bushing
8.3.5.2.3. By Location
8.3.5.2.4. By Holding Component
8.3.6. Singapore Power Slip Lifter Market Outlook
8.3.6.1. Market Size & Forecast
8.3.6.1.1. By Value
8.3.6.2. Market Share & Forecast
8.3.6.2.1. By Type
8.3.6.2.2. By Bushing
8.3.6.2.3. By Location
8.3.6.2.4. By Holding Component
8.3.7. Malaysia Power Slip Lifter Market Outlook
8.3.7.1. Market Size & Forecast
8.3.7.1.1. By Value
8.3.7.2. Market Share & Forecast
8.3.7.2.1. By Type
8.3.7.2.2. By Bushing
8.3.7.2.3. By Location
8.3.7.2.4. By Holding Component
9. Europe Power Slip Lifter Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Bushing
9.2.3. By Location
9.2.4. By Holding Component
9.2.5. By Country
9.3. Europe: Country Analysis
9.3.1. Germany Power Slip Lifter Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Type
9.3.1.2.2. By Bushing
9.3.1.2.3. By Location
9.3.1.2.4. By Holding Component
9.3.2. United Kingdom Power Slip Lifter Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Type
9.3.2.2.2. By Bushing
9.3.2.2.3. By Location
9.3.2.2.4. By Holding Component
9.3.3. France Power Slip Lifter Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Type
9.3.3.2.2. By Bushing
9.3.3.2.3. By Location
9.3.3.2.4. By Holding Component
9.3.4. Italy Power Slip Lifter Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Type
9.3.4.2.2. By Bushing
9.3.4.2.3. By Location
9.3.4.2.4. By Holding Component
9.3.5. Spain Power Slip Lifter Market Outlook
9.3.5.1. Market Size & Forecast
9.3.5.1.1. By Value
9.3.5.2. Market Share & Forecast
9.3.5.2.1. By Type
9.3.5.2.2. By Bushing
9.3.5.2.3. By Location
9.3.5.2.4. By Holding Component
9.3.6. Poland Power Slip Lifter Market Outlook
9.3.6.1. Market Size & Forecast
9.3.6.1.1. By Value
9.3.6.2. Market Share & Forecast
9.3.6.2.1. By Type
9.3.6.2.2. By Bushing
9.3.6.2.3. By Location
9.3.6.2.4. By Holding Component
9.3.7. Denmark Power Slip Lifter Market Outlook
9.3.7.1. Market Size & Forecast
9.3.7.1.1. By Value
9.3.7.2. Market Share & Forecast
9.3.7.2.1. By Type
9.3.7.2.2. By Bushing
9.3.7.2.3. By Location
9.3.7.2.4. By Holding Component
10. South America Power Slip Lifter Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Bushing
10.2.3. By Location
10.2.4. By Holding Component
10.2.5. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Power Slip Lifter Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Type
10.3.1.2.2. By Bushing
10.3.1.2.3. By Location
10.3.1.2.4. By Holding Component
10.3.2. Argentina Power Slip Lifter Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Type
10.3.2.2.2. By Bushing
10.3.2.2.3. By Location
10.3.2.2.4. By Holding Component
10.3.3. Colombia Power Slip Lifter Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Type
10.3.3.2.2. By Bushing
10.3.3.2.3. By Location
10.3.3.2.4. By Holding Component
10.3.4. Peru Power Slip Lifter Market Outlook
10.3.4.1. Market Size & Forecast
10.3.4.1.1. By Value
10.3.4.2. Market Share & Forecast
10.3.4.2.1. By Type
10.3.4.2.2. By Bushing
10.3.4.2.3. By Location
10.3.4.2.4. By Holding Component
10.3.5. Chile Power Slip Lifter Market Outlook
10.3.5.1. Market Size & Forecast
10.3.5.1.1. By Value
10.3.5.2. Market Share & Forecast
10.3.5.2.1. By Type
10.3.5.2.2. By Bushing
10.3.5.2.3. By Location
10.3.5.2.4. By Holding Component
11. Middle East & Africa Power Slip Lifter Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Type
11.2.2. By Bushing
11.2.3. By Location
11.2.4. By Holding Component
11.2.5. By Country
11.3. Middle East & Africa: Country Analysis
11.3.1. Saudi Arabia Power Slip Lifter Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Type
11.3.1.2.2. By Bushing
11.3.1.2.3. By Location
11.3.1.2.4. By Holding Component
11.3.2. South Africa Power Slip Lifter Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Type
11.3.2.2.2. By Bushing
11.3.2.2.3. By Location
11.3.2.2.4. By Holding Component
11.3.3. UAE Power Slip Lifter Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Type
11.3.3.2.2. By Bushing
11.3.3.2.3. By Location
11.3.3.2.4. By Holding Component
11.3.4. Iraq Power Slip Lifter Market Outlook
11.3.4.1. Market Size & Forecast
11.3.4.1.1. By Value
11.3.4.2. Market Share & Forecast
11.3.4.2.1. By Type
11.3.4.2.2. By Bushing
11.3.4.2.3. By Location
11.3.4.2.4. By Holding Component
11.3.5. Turkey Power Slip Lifter Market Outlook
11.3.5.1. Market Size & Forecast
11.3.5.1.1. By Value
11.3.5.2. Market Share & Forecast
11.3.5.2.1. By Type
11.3.5.2.2. By Bushing
11.3.5.2.3. By Location
11.3.5.2.4. By Holding Component
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Company Profiles
14.1. Imenco Smart Solutions
14.2. Weatherford International
14.3. Forum Energy Technologies Inc.
14.4. Janki Oil Tools
14.5. Keystone Energy Tools
14.6. Den•Con Tool Co.
15. Strategic Recommendations
16. About Us & Disclaimer

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