Downhole tools play an important role in oil & gas exploration and production activities. Downhole tools are employed for workover and completion activities of a well in the Bottom Hole Assembly (BHA). Downhole tools are selected based on the formation characteristics of the reservoir and the rate of penetration to be achieved. These tools find application in a variety of operations, such as fishing, casing, cementing, well bottom communication, drilling, logging, fracturing, and well measurements. The rising demand for advanced tools that function optimally in high pressure and temperature conditions has also been a driver of this market.
The Downhole Tools market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of 4.9% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Downhole Tools.
This report presents the worldwide Downhole Tools market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Schlumberger Ltd.
Halliburton Co.
Saint Gobain
Baker Hughes
Weatherford International Ltd.
National Oilwell Varco Inc.
Oil States International Inc.
Moog Inc.
Schoeller Bleckmann Oilfield Equipment AG
Anton Oilfield Services Ltd.
Logan Oil Tools Inc.
Wenzel Downhole Tools Ltd.
United Drilling Tools Ltd.
Excalibre Downhole Tools Ltd.
Bilco Tools Inc.
Downhole Tools Breakdown Data by Type
Flow & Pressure Control Tools
Impurity Control Tools
Drilling Tools
Downhole Control Tools
Handling Tools
Downhole Tools Breakdown Data by Application
Well Drilling
Well Completion
Well Intervention
Formation & Evaluation
Oil & Gas Production
Downhole Tools Production by Region
United States
Europe
China
Japan
Other Regions
Downhole Tools Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Downhole Tools status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Downhole Tools manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Downhole Tools :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Downhole Tools market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Downhole Tools . Industry analysis & Market Report on Downhole Tools is a syndicated market report, published as Global Downhole Tools Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Downhole Tools market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.