ABSTRACT
About Downhole Drilling Tools
Drilling involves boring a hole in the earth's surface for the extraction of petroleum and gas. Downhole drilling tools facilitate the drilling process and enable drillers to counter the challenges associated with drilling such as extreme depth, high-temperature, and pressure difference. These tools guide or steer wells through a small reservoir by changing the trajectory of the well. The process of extracting these valuable resources includes drilling through the surface till the depths where the resources occur are reached. There are many activities involved in the extraction of these reserves.
Technavio’s analysts forecast the global downhole drilling tools market to grow at a CAGR of 4.40% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global downhole drilling tools market for 2017-2021. To calculate the market size, 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
Technavio's report, Global Downhole Drilling 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
• Baker Hughes
• Halliburton
• National Oilwell Varco
• Schlumberger
• Weatherford
Other prominent vendors
• American Oilfield Tools
• Bilco Tools
• Challenger Downhole Tools
• Downhole Oil Tools
• Logan International
• Magnum Oil Tools
• Oil Tools International Services
• Schoeller-Bleckmann Oilfield Equipment
• Tasman
• Wenzel Downhole Tools
• Western Drilling Tools
• Carlisle Interconnect Technologies
• Cougar Drilling Solutions
• Stabiltec Downhole Tools
• Olympus Corporation
• Gearcon Drilling Tools
• Kennametal
Market driver
• Rising global oil and gas demand.
• For a full, detailed list, view our report
Market challenge
• Decline in investments in upstream sector.
• For a full, detailed list, view our report
Market trend
• Supercritical carbon dioxide as a fracking fluid in shale gas fracking.
• For a full, detailed list, view our 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?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
• Market outline
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by product type
• Global downhole drilling tools market by product type
• Global downhole drilling tools market by tubulars
• Global downhole drilling tools market by deflection tools and downhole motors
• Global downhole drilling tools market by casing and cementing tools
• Global downhole drilling tools market by drill bits
• Global downhole drilling tools market by impact tools and coiled tubing tools
• Global downhole drilling tools market by miscellaneous downhole tools
• Global downhole drilling tools market by others
PART 07: Market segmentation by application
• Global downhole drilling tools market by application
• Global downhole drilling tools market by onshore
• Global downhole drilling tools market by offshore
PART 08: Geographical segmentation
• Global downhole drilling tools market by geography 2017-2021
• Downhole drilling tools market in Americas
• Downhole drilling tools market in EMEA
• Downhole drilling tools market by APAC
PART 09: Decision framework
PART 10: Drivers and challenges
• Market drivers
• Market challenges
PART 11: Market trends
• Supercritical carbon dioxide as a fracking fluid in shale gas fracking
• Laser drilling technology in oil and gas industry
• New-generation automated drilling rigs
PART 12: Vendor landscape
• Competitive scenario
• Other prominent vendors
PART 13: Key vendor analysis
• Baker Hughes
• Halliburton
• National Oilwell Varco
• Schlumberger
• Weatherford
PART 14: Appendix
• List of abbreviations
List of Exhibits
Exhibit 01: Segmentation of global downhole drilling tools market
Exhibit 02: Global downhole drilling tools market 2016-2021 ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Global downhole drilling tools market by product type 2016 and 2021 (%)
Exhibit 05: Global downhole drilling tools market by product type 2016-2021 ($ billions)
Exhibit 06: Global downhole drilling tools market by tubulars 2016-2021 ($ billions)
Exhibit 07: Global downhole drilling tools market by deflection tools and downhole motors 2016-2021 ($ billions)
Exhibit 08: Global downhole drilling tools market by casing and cementing tools 2016-2021 ($ billions)
Exhibit 09: Global downhole drilling tools market by drill bits 2016-2021 ($ billions)
Exhibit 10: Global downhole drilling tools market by impact tools and coiled tubing tools 2016-2021 ($ billions)
Exhibit 11: Global downhole drilling tools market by miscellaneous downhole tools 2016-2021 ($ billions)
Exhibit 12: Global downhole drilling tools market by others 2016-2021 ($ billions)
Exhibit 13: Global downhole drilling tools market by application 2016 and 2021 (%)
Exhibit 14: Global downhole drilling tools market by application 2016-2021 ($ billions)
Exhibit 15: Global downhole drilling tools market by onshore 2016-2021 ($ billions)
Exhibit 16: Global downhole drilling tools market by offshore 2016-2021 ($ billions)
Exhibit 17: Global downhole drilling tools market by geography 2016 and 2021 (%)
Exhibit 18: Global downhole drilling tools market by geography 2016-2021 ($ billions)
Exhibit 19: Downhole drilling tools market in Americas 2016-2021 ($ billions)
Exhibit 20: Global rig count 2014-2017
Exhibit 21: Downhole drilling tools market in EMEA 2016-2021 ($ billions)
Exhibit 22: Downhole drilling tools market by APAC 2016-2021 ($ billions)
Exhibit 23: Global liquid fuel consumption 2007-2018 (mbpd)
Exhibit 24: Other prominent vendors (Indicative list)
Exhibit 25: Baker Hughes: Key products/services
Exhibit 26: Halliburton: Key products/services
Exhibit 27: National Oilwell Varco: Key products/services
Exhibit 28: Schlumberger: Key products/ services
Exhibit 29: Weatherford: Key products
