Global Downhole Tools Market 2017-2021

  • ID: 4430358
  • Report
  • Region: Global
  • 103 pages
  • TechNavio
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FEATURED COMPANIES

  • Aker Solutions
  • Archer
  • Dril-Quip
  • Halliburton
  • National Oilwell Varco
  • Superior Energy Services
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Downhole Tools

Downhole tools refer to the equipment used in upstream oil and gas operations such as the production of oil and gas, drilling, well interventions, and well completions. Downhole drilling tools form a major part of the overall market for downhole tools. Some of the common drilling tools used in upstream operations are: Tubulars, Deflection tools, Downhole motors, Casing and cementing tools, Drill bits, Impact tools and coiled tubing (CT) tools, Miscellaneous downhole tools, and Others.

The analysts forecast the global downhole tools market to grow at a CAGR of 4.43% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global downhole tools market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Downhole Tools Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • General Electric
  • Halliburton
  • National Oilwell Varco
  • Schlumberger
  • Weatherford
Other prominent vendors
  • Aker Solutions
  • American Oilfield Tools
  • Archer
  • Dril-Quip
  • C&J Energy Services
  • Hunting
  • Superior Energy Services
  • Tryton Tool Services
  • Vortex Tools
  • Weir Group
  • Xtreme Drilling
Market drivers
  • Increase in oil rig count
  • For a full, detailed list, view the full report
Market challenges
  • Increasing investments in renewable energy
  • For a full, detailed list, view the full report
Market trends
  • New-generation automated drilling rigs
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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2 of 5

FEATURED COMPANIES

  • Aker Solutions
  • Archer
  • Dril-Quip
  • Halliburton
  • National Oilwell Varco
  • Superior Energy Services
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Market outline
  • Oil and gas industry overview
  • Downhole tools overview
PART 05: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 06: MARKET SIZING
  • Market definition
  • Market sizing 2016
  • Market size and forecast 2016-2021
PART 07: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 08: MARKET SEGMENTATION BY APPLICATION
  • Segmentation by application
  • Comparison by application
  • Drilling - Market size and forecast 2016-2021
  • Well intervention - Market size and forecast 2016-2021
  • Completion - Market size and forecast 2016-2021
  • Market opportunity by application
PART 09: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • Americas - Market size and forecast 2016-2021
  • EMEA - Market size and forecast 2016-2021
  • APAC - Market size and forecast 2016-2021
  • Key leading countries
  • Market opportunity
PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 12: MARKET TRENDS
  • New-generation automated drilling rigs
  • Introduction of laser drilling
  • Rise in deep and ultra-deepwater drilling projects
PART 13: VENDOR LANDSCAPE
  • Competitive scenario
PART 14: VENDOR ANALYSIS
  • Vendor overview
PART 15: KEY VENDOR ANALYSIS
  • General Electric
  • Halliburton
  • National Oilwell Varco
  • Schlumberger
  • Weatherford
PART 16: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Major segments of oil and gas industry
Exhibit 02: Petroleum upstream activities stages
Exhibit 03: Related market
Exhibit 04: Global downhole tools market
Exhibit 05: Market characteristics
Exhibit 06: Market segments
Exhibit 07: Market definition - inclusions and exclusions checklist
Exhibit 08: Market size 2016
Exhibit 09: Validation techniques employed for market sizing - 2016
Exhibit 10: Global - Market size and forecast 2016-2021 ($ billions)
Exhibit 11: Global - Year-over-year growth 2017-2021 (%)
Exhibit 12: Reasons for low crude oil prices
Exhibit 13: Five forces analysis 2016
Exhibit 14: Bargaining power of buyers
Exhibit 15: Bargaining power of suppliers
Exhibit 16: Threat of new entrants
Exhibit 17: Threat of substitutes
Exhibit 18: Threat of rivalry
Exhibit 19: Market Condition- Five forces 2016
Exhibit 20: Application - Market share 2016-2021 (%)
Exhibit 21: Comparison by application
Exhibit 22: Drilling - Market size and forecast 2016-2021 ($ billions)
Exhibit 23: Drilling - Year-over-year growth 2017-2021 (%)
Exhibit 24: Well intervention - Market size and forecast 2016-2021 ($ billions)
Exhibit 25: Well intervention - Year-over-year growth 2017-2021 (%)
Exhibit 26: Completion - Market size and forecast 2016-2021 ($ billions)
Exhibit 27: Completion - Year-over-year growth 2017-2021 (%)
Exhibit 28: Market opportunity by application
Exhibit 29: Global - Market share by geography 2016-2021 (%)
Exhibit 30: Regional comparison
Exhibit 31: Americas - Market size and forecast 2016-2021 ($ billions)
Exhibit 32: Americas - Year-over-year growth 2017-2021 (%)
Exhibit 33: EMEA - Market size and forecast 2016-2021 ($ billions)
Exhibit 34: EMEA - Year-over-year growth 2017-2021 (%)
Exhibit 35: APAC - Market size and forecast 2016-2021 ($ billions)
Exhibit 36: APAC - Year-over-year growth 2017-2021 (%)
Exhibit 37: Key leading countries
Exhibit 38: Global rig count based on geographic region 2016-2017
Exhibit 39: Comparison - Conventional vs unconventional sources
Exhibit 40: Global liquid fuel consumption 2007-2018 (mbpd)
Exhibit 41: Increase in consumption of petrol and diesel in India (2013-2016)
Exhibit 42: Crude oil price 2012-2017 ($/bbl)
Exhibit 43: Global investment in renewable energy supply 2000-2016
Exhibit 44: General Electric: Key products/services
Exhibit 45: General Electric: Key developments
Exhibit 46: Halliburton: Key products/services
Exhibit 47: Halliburton: Key developments
Exhibit 48: National Oilwell Varco: Key products/services
Exhibit 49: National Oilwell Varco: Key developments
Exhibit 50: Schlumberger: Key products/ services
Exhibit 51: Schlumberger: Key developments
Exhibit 52: Weatherford: Key products
Exhibit 53: Weatherford: Key developments
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FEATURED COMPANIES

  • Aker Solutions
  • Archer
  • Dril-Quip
  • Halliburton
  • National Oilwell Varco
  • Superior Energy Services
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: - Global Downhole Tools Market 2017-2021

The author of the report recognizes the following companies as the key players in the global downhole tools market: General Electric, Halliburton, National Oilwell Varco, Schlumberger, and Weatherford.

Other Prominent Vendors in the market are: Aker Solutions, American Oilfield Tools, Archer, Dril-Quip, C&J Energy Services, Hunting, Superior Energy Services, Tryton Tool Services, Vortex Tools, Weir Group, and Xtreme Drilling.

Commenting on the report, an analyst from the research team said: “One trend in the market is new-generation automated drilling rigs. Accidents in the oil and gas industry have huge repercussions. Their cascading effects are staggering and containing the accident consequences are extremely challenging. Thus, it becomes crucial to reduce the human error and keep it to a minimum.”

According to the report, one driver in the market is increase in oil rig count. During 2014, when the crude oil price was trading over $110/bbl, the global number of rig count was at its peak. There were several exploration and drilling projects that were being executed, with some in the beginning stages of production and new ones in the planning stage. For instance, in 2014, Shell announced that it started the production from second Mars platform in the deepwater Gulf of Mexico. The production was through Olympus, which is the company's seventh and largest floating deepwater platform in the Gulf of Mexico.

Further, the report states that one challenge in the market is increasing investments in renewable energy. Over the past few years, there has been a substantial increase in investments made toward renewable sources of energy. Although, governmental support is crucial for the renewable energy sector to flourish, companies belonging to this sector are successful in raising the money from the market. The growing environmental awareness among individuals has increased investments in the field of renewables. The renewable sector grew in 2015 despite the fall in oil and gas prices.

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 a SWOT analysis of the key vendors.
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1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

  • General Electric
  • Halliburton
  • National Oilwell Varco
  • Schlumberger
  • Weatherford
  • Aker Solutions
  • American Oilfield Tools
  • Archer
  • Dril-Quip
  • C&J Energy Services
  • Hunting
  • Superior Energy Services
  • Tryton Tool Services
  • Vortex Tools
  • Weir Group
  • Xtreme Drilling
Note: Product cover images may vary from those shown
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