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.
In 2019, the market size of Downhole Tools is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of 4.9% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 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 studies the global market size of Downhole Tools, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Downhole Tools production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
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.
Market Segment by Product Type
Flow & Pressure Control Tools
Impurity Control Tools
Drilling Tools
Downhole Control Tools
Handling Tools
Market Segment by Application
Well Drilling
Well Completion
Well Intervention
Formation & Evaluation
Oil & Gas Production
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Downhole Tools status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Downhole Tools manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies 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 are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Downhole Tools. Industry analysis & Market Report on Downhole Tools is a syndicated market report, published as Global (United States, European Union and China) Downhole Tools Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Downhole Tools market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.