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Global Sidetracking Market 2019-2023 - Product Image

Global Sidetracking Market 2019-2023

  • ID: 4772968
  • Report
  • Region: Global
  • 132 pages
  • TechNavio
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FEATURED COMPANIES

  • Halliburton Co.
  • Nabors Industries Ltd.
  • Schlumberger Ltd.
  • MORE
The rising global energy demand is one of the key factors that will trigger the growth of the market during the forecast period. The growing population and economic development have led to a rise in global energy demand. Furthermore, the demand for natural gas has also increased due to its clean burning property. Therefore, oil and gas companies will focus on increasing drilling operations by exploring untapped reserves to cater to energy demand. Additionally, with increased oil and gas drilling operations to tap more reserves, mechanical failures will rise. This will increase the need for sidetracking drilling operations. Analysts have predicted that the sidetracking market will register a CAGR of almost 6% by 2023.

Market Overview

Exploring unconventional resources

The increase in adoption of horizontal drilling and hydraulic fracturing has led augmented the rate of production of crude oil, condensate, and natural gas. This will drive the growth of the global sidetracking market during the forecast period.

Risks associated with drilling operations

The growing regulations for E&P operations and transportation activities in the oil and gas industry have made oil and gas E&P operators restrict themselves from making investment decisions. This may have a negative impact on oilfield E&P activities, which can hinder the growth of the global sidetracking market during the forecast period.

Competitive Landscape

The market appears to be highly fragmented and with the presence of several companies including Baker Hughes and Halliburton Co., the competitive environment is quite intense. Several oilfields services companies, providing directional drilling equipment and services in the market, are offering integrated drilling equipment to enhance the output of the oilfield drilling operation. This will increase drilling operation efficiency of sidetracking drilling and will provide considerable growth opportunities to sidetracking manufactures. Nabors Industries Ltd., a GE Co. LLC, Schlumberger Ltd., and Weatherford International Plc. are some of the major companies covered in this report.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Halliburton Co.
  • Nabors Industries Ltd.
  • Schlumberger Ltd.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
  • Market segmentation by application
  • Comparison by application
  • Onshore - Market size and forecast 2018-2023
  • Offshore - Market size and forecast 2018-2023
  • Market opportunity by application
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Rising oil and gas field efficiency using Big Data analytics
  • Automation in directional drilling
  • Innovations in rotary steerable systems
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Baker Hughes, a GE Co. LLC
  • Halliburton Co.
  • Nabors Industries Ltd.
  • Schlumberger Ltd.
  • Weatherford International Plc
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
PART 15: EXPLORE

List of Exhibits:
Exhibit 01: Global oilfield equipment and services market
Exhibit 02: Segments of global oilfield equipment and services market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Application - Market share 2018-2023 (%)
Exhibit 18: Comparison by application
Exhibit 19: Onshore - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: Onshore - Year-over-year growth 2019-2023 (%)
Exhibit 21: Offshore - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: Offshore - Year-over-year growth 2019-2023 (%)
Exhibit 23: Market opportunity by application
Exhibit 24: Customer landscape
Exhibit 25: Market share by geography 2018-2023 (%)
Exhibit 26: Geographic comparison
Exhibit 27: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 28: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 29: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 30: North America - Year-over-year growth 2019-2023 (%)
Exhibit 31: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 33: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 35: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: South America - Year-over-year growth 2019-2023 (%)
Exhibit 37: Key leading countries
Exhibit 38: Market opportunity
Exhibit 39: Impact of drivers and challenges
Exhibit 40: Vendor landscape
Exhibit 41: Landscape disruption
Exhibit 42: Vendors covered
Exhibit 43: Vendor classification
Exhibit 44: Market positioning of vendors
Exhibit 45: Baker Hughes, a GE Co. LLC - Vendor overview
Exhibit 46: Baker Hughes, a GE Co. LLC - Product segments
Exhibit 47: Baker Hughes, a GE Co. LLC - Organizational developments
Exhibit 48: Baker Hughes, a GE Co. LLC - Geographic focus
Exhibit 49: Baker Hughes, a GE Co. LLC - Segment focus
Exhibit 50: Baker Hughes, a GE Co. LLC - Key offerings
Exhibit 51: Halliburton Co. - Vendor overview
Exhibit 52: Halliburton Co. - Business segments
Exhibit 53: Halliburton Co. - Organizational developments
Exhibit 54: Halliburton Co. - Geographic focus
Exhibit 55: Halliburton Co. - Segment focus
Exhibit 56: Halliburton Co. - Key offerings
Exhibit 57: Nabors Industries Ltd. - Vendor overview
Exhibit 58: Nabors Industries Ltd. - Business segments
Exhibit 59: Nabors Industries Ltd. - Organizational developments
Exhibit 60: Nabors Industries Ltd. - Geographic focus
Exhibit 61: Nabors Industries Ltd. - Segment focus
Exhibit 62: Nabors Industries Ltd. - Key offerings
Exhibit 63: Schlumberger Ltd. - Vendor overview
Exhibit 64: Schlumberger Ltd. - Business segments
Exhibit 65: Schlumberger Ltd. - Organizational developments
Exhibit 66: Schlumberger Ltd. - Geographic focus
Exhibit 67: Schlumberger Ltd. - Segment focus
Exhibit 68: Schlumberger Ltd. - Key offerings
Exhibit 69: Weatherford International Plc - Vendor overview
Exhibit 70: Weatherford International Plc - Business segments
Exhibit 71: Weatherford International Plc - Organizational developments
Exhibit 72: Weatherford International Plc - Segment focus
Exhibit 73: Weatherford International Plc - Key offerings
Exhibit 74: Validation techniques employed for market sizing
Exhibit 75: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Halliburton Co.
  • Nabors Industries Ltd.
  • Schlumberger Ltd.
  • MORE
The analyst recognizes the following companies as the key players in the global sidetracking market: Baker Hughes, a GE Co. LLC, Halliburton Co., Nabors Industries Ltd., Schlumberger Ltd., and Weatherford International Plc.

Commenting on the report, an analyst from the team said: “The latest trend gaining momentum in the market is the rising oil and gas field efficiency using Big Data analytics.”

According to the report, one of the major drivers for this market is the optimizing production of mature oil and gas fields.

Further, the report states that one of the major factors hindering the growth of this market is the rising demand for renewable energy sources.

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.
Note: Product cover images may vary from those shown
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  • Baker Hughes, a GE Co. LLC
  • Halliburton Co.
  • Nabors Industries Ltd.
  • Schlumberger Ltd.
  • Weatherford International Plc
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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