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Global Managed Pressure Drilling Market 2019-2023 - Product Image

Global Managed Pressure Drilling Market 2019-2023

  • ID: 4804064
  • Report
  • July 2019
  • Region: Global
  • 138 pages
  • TechNavio
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FEATURED COMPANIES

  • Halliburton Co.
  • Nabors Industries Ltd.
  • Schlumberger Ltd.
  • MORE
Global Managed Pressure Drilling Market: About this market

Managed pressure drilling is a drilling technique that is employed to precisely control the wellbore pressure using a pressurized and closed circulating system. The managed pressure drilling market analysis considers sales from both onshore and offshore segments. This analysis also considers the sales of managed pressure drilling in APAC, Europe, MEA, North America, and South America. In 2018, the onshore segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as low operational cost will play a significant role in the onshore segment to maintain its market position. Also, our global managed pressure drilling report also looks at factors such as rise in unconventional drilling activities, rebound in active ring count owing to recovery of oil price, and growing consumption of oil and gas. However, the risk associated with drilling activities, volatility in crude oil price, and growing adoption of renewable energy may hamper the growth of the managed pressure drilling industry over the forecast period.

Global Managed Pressure Drilling Market: Overview

Rebound in active rig count owing to recovery of oil price

The increased drilling activities, including managed pressure drilling, is due to the gradual recovery of crude oil price across the world. The companies are significantly investing in oil and gas projects to increase their profitability, thus increasing rebound in active rig count. The increase in drilling activities will lead to the expansion of the global managed pressure drilling market at a CAGR of almost 5% during the forecast period.

Increase in production efficiency of oil fields using big data analytics

The increasing use of big data analytics by major industries has led to the adoption of this technology by oil and gas production companies. Big data analytics provide insights to track operations and predict errors, thus increasing production efficiency. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global managed pressure drilling market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global managed pressure drilling market is fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading managed pressure drilling manufacturers, that include Halliburton Co., Nabors Industries Ltd., National Oilwell Varco Inc., Schlumberger Ltd., and Weatherford International Plc.

Also, the managed pressure drilling market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
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
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • MEA - 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
  • Rise in upstream deepwater and ultra-deepwater projects
  • Automation in managed pressure drilling process
  • Increase in production efficiency of oilfields using big data analytics
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Halliburton Co.
  • Nabors Industries Ltd.
  • National Oilwell Varco Inc.
  • Schlumberger Ltd.
  • Weatherford International Plc
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
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: Product overview
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Application - Market share 2018-2023 (%)
Exhibit 19: Comparison by application
Exhibit 20: Onshore - Market size and forecast 2018-2023 ($ millions)
Exhibit 21: Onshore - Year-over-year growth 2019-2023 (%)
Exhibit 22: Offshore - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Offshore - Year-over-year growth 2019-2023 (%)
Exhibit 24: Market opportunity by application
Exhibit 25: Customer landscape
Exhibit 26: Market share by geography 2018-2023 (%)
Exhibit 27: Geographic comparison
Exhibit 28: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 29: North America - Year-over-year growth 2019-2023 (%)
Exhibit 30: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 31: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 32: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 33: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 34: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 35: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 36: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 37: South America - Year-over-year growth 2019-2023 (%)
Exhibit 38: Key leading countries
Exhibit 39: Market opportunity
Exhibit 40: Impact of drivers and challenges
Exhibit 41: Vendor landscape
Exhibit 42: Landscape disruption
Exhibit 43: Vendors covered
Exhibit 44: Vendor classification
Exhibit 45: Market positioning of vendors
Exhibit 46: Halliburton Co. - Vendor overview
Exhibit 47: Halliburton Co. - Business segments
Exhibit 48: Halliburton Co. - Organizational developments
Exhibit 49: Halliburton Co. - Geographic focus
Exhibit 50: Halliburton Co. - Segment focus
Exhibit 51: Halliburton Co. - Key offerings
Exhibit 52: Nabors Industries Ltd. - Vendor overview
Exhibit 53: Nabors Industries Ltd. - Business segments
Exhibit 54: Nabors Industries Ltd. - Organizational developments
Exhibit 55: Nabors Industries Ltd. - Geographic focus
Exhibit 56: Nabors Industries Ltd. - Segment focus
Exhibit 57: Nabors Industries Ltd. - Key offerings
Exhibit 58: National Oilwell Varco Inc. - Vendor overview
Exhibit 59: National Oilwell Varco Inc. - Business segments
Exhibit 60: National Oilwell Varco Inc. - Organizational developments
Exhibit 61: National Oilwell Varco Inc. - Geographic focus
Exhibit 62: National Oilwell Varco Inc. - Segment focus
Exhibit 63: National Oilwell Varco Inc. - Key offerings
Exhibit 64: Schlumberger Ltd. - Vendor overview
Exhibit 65: Schlumberger Ltd. - Business segments
Exhibit 66: Schlumberger Ltd. - Organizational developments
Exhibit 67: Schlumberger Ltd. - Geographic focus
Exhibit 68: Schlumberger Ltd. - Segment focus
Exhibit 69: Schlumberger Ltd. - Key offerings
Exhibit 70: Weatherford International Plc - Vendor overview
Exhibit 71: Weatherford International Plc - Business segments
Exhibit 72: Weatherford International Plc - Organizational developments
Exhibit 73: Weatherford International Plc - Segment focus
Exhibit 74: Weatherford International Plc - Key offerings
Exhibit 75: Validation techniques employed for market sizing
Exhibit 76: 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 following companies are recognised as the key players in the global managed pressure drilling: Halliburton Co., Nabors Industries Ltd., National Oilwell Varco Inc., Schlumberger Ltd., and Weatherford International Plc.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increase in production efficiency of oil fields using big data analytics”

According to the report, one of the major drivers for this market is the rebound in active rig count owing to recovery of oil price.

Further, the report states that one of the major factors hindering the growth of this market is the risk associated with drilling activities.

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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  • Halliburton Co.
  • Nabors Industries Ltd.
  • National Oilwell Varco Inc.
  • Schlumberger Ltd.
  • Weatherford International Plc.
Note: Product cover images may vary from those shown
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