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井下設備市場 - 2018-2028 年全球產業規模、佔有率、趨勢、機會與預測,按類型、按應用、地點、地區、競爭細分

Downhole Equipment Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type, By Application, By Location, By Region, By Competition

出版日期: | 出版商: TechSci Research | 英文 182 Pages | 商品交期: 2-3個工作天內

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簡介目錄

2022 年全球井下設備市場價值為 40.8 億美元,預計在預測期內將強勁成長,到 2028 年年複合成長率為 5.19%。

全球井下設備市場是指涉及碳氫化合物(石油和天然氣)以及地熱探勘、鑽井和生產的專用工具、機械和儀器的設計、製造、分銷和服務的多方面行業。資源。這些設備和工具對於獲取和提取埋藏在地球地下深處的資源至關重要。井下設備市場的關鍵組成部分包括鑽井工具、井筒設備、完井工具、人工採油系統、測量和控制儀器以及石油、天然氣和地熱井整個生命週期所需的各種其他技術和配件。這些工具有助於鑽井、確保油井完整性、最佳化生產率以及監測油藏性能。該市場在全球範圍內運作,為能源行業及其各個利益相關者提供服務,包括石油和天然氣公司、鑽井承包商、服務提供者和設備製造商。井下設備市場本質上受到能源需求、技術進步、環境法規和探勘活動等因素的影響,使其成為更廣泛的能源領域中充滿活力且至關重要的部分。

主要市場促進因素

市場概況
預測期 2024-2028
2022 年市場規模 40.8億美元
2028 年市場規模 55.8億美元
2023-2028 年年複合成長率 5.19%
成長最快的細分市場 鑽孔
最大的市場 北美洲

全球能源需求不斷成長

目錄

第 1 章:產品概述

  • 市場定義
  • 市場範圍
    • 涵蓋的市場
    • 研究年份

第 2 章:主要市場細分

第 3 章:研究方法

  • 研究目的
  • 基線方法
  • 範圍的製定
  • 假設和限制
  • 研究來源
    • 二次研究
    • 初步研究
  • 市場研究方法
    • 自下而上的方法
    • 自上而下的方法
  • 計算市場規模和市場佔有率所遵循的方法
  • 預測方法
    • 數據三角測量與驗證

第 4 章:執行摘要

第 5 章:客戶之聲

第 6 章:全球井下設備市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型(鑽井、壓力和流量控制、處理、雜質控制等)
    • 按應用(鑽井、完井、修井、生產、形成和評估)
    • 按地點(陸上和海上)
    • 按地區
    • 按公司分類 (2022)
  • 市場地圖

第 7 章:北美井下設備市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型
    • 按應用
    • 按地點
    • 按國家/地區
  • 北美:國家分析
    • 美國
    • 加拿大
    • 墨西哥

第 8 章:歐洲井下設備市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型
    • 按應用
    • 按地點
    • 按國家/地區
  • 歐洲:國家分析
    • 德國
    • 英國
    • 義大利
    • 法國
    • 西班牙

第 9 章:亞太地區井下設備市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型
    • 按應用
    • 按地點
    • 按國家/地區
  • 亞太地區:國家分析
    • 中國
    • 印度
    • 日本
    • 韓國
    • 澳洲

第 10 章:南美洲井下設備市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型
    • 按應用
    • 按地點
    • 按國家/地區
  • 南美洲:國家分析
    • 巴西
    • 阿根廷
    • 哥倫比亞

第 11 章:中東和非洲井下設備市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型
    • 按應用
    • 按地點
    • 按國家/地區
  • MEA:國家分析
    • 南非井下設備
    • 沙烏地阿拉伯井下設備
    • 阿拉伯聯合大公國井下設備
    • 科威特井下設備
    • 土耳其井下設備

第 12 章:市場動態

第 13 章:市場趨勢與發展

第14章:競爭格局

  • 貝克休斯公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 哈里伯頓公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 斯倫貝謝公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 威德福國際有限公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 諾夫公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 卡梅倫國際公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 特里肯井服務有限公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 中國石油天然氣股份有限公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 中海油田服務有限公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 中國石化油田裝備公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered

第 15 章:策略建議

第 16 章:關於我們與免責聲明

簡介目錄
Product Code: 16549

Global Downhole Equipment Market has valued at USD 4.08 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 5.19% through 2028.

The global Downhole Equipment market refers to the multifaceted industry involved in the design, manufacturing, distribution, and servicing of specialized tools, machinery, and instruments used in the exploration, drilling, and production of hydrocarbons (oil and natural gas) as well as geothermal resources. These equipment and tools are essential for accessing and extracting resources buried deep within the Earth's subsurface. Key components of the Downhole Equipment market include drilling tools, wellbore equipment, completion tools, artificial lift systems, measurement and control instruments, and various other technologies and accessories required for the entire lifecycle of oil, gas, and geothermal wells. These tools aid in drilling boreholes, ensuring well integrity, optimizing production rates, and monitoring reservoir performance. This market operates globally, serving the energy industry and its various stakeholders, including oil and gas companies, drilling contractors, service providers, and equipment manufacturers. The Downhole Equipment market is inherently influenced by factors such as energy demand, technological advancements, environmental regulations, and exploration activities, making it a dynamic and vital segment of the broader energy sector.

Key Market Drivers

Market Overview
Forecast Period2024-2028
Market Size 2022USD 4.08 billion
Market Size 2028USD 5.58 billion
CAGR 2023-20285.19%
Fastest Growing SegmentDrilling
Largest MarketNorth America

Increasing Global Energy Demand

The global Downhole Equipment market is significantly influenced by the ever-growing demand for energy worldwide. As populations expand and economies develop, the need for both fossil fuels and renewable energy sources continues to rise. Downhole equipment plays a pivotal role in the exploration and extraction of oil, natural gas, and geothermal resources. This increasing demand for energy resources has led to an uptick in drilling activities, subsequently boosting the demand for downhole equipment. The oil and gas industry, in particular, heavily relies on downhole equipment to access hydrocarbon reservoirs deep beneath the Earth's surface. As emerging economies industrialize and developed nations maintain their energy consumption, the need for downhole equipment is expected to remain robust. Additionally, the growth of renewable energy sources like geothermal power plants also contributes to the demand for downhole equipment, as it is used for drilling geothermal wells.

Technological Advancements

Advancements in drilling technologies have been a key driver of the global Downhole Equipment market. Over the years, significant improvements in downhole equipment have enhanced drilling efficiency, safety, and reliability. Innovations such as advanced drilling fluids, high-performance drill bits, telemetry systems, and real-time data analytics have revolutionized the drilling process. These technological advancements have allowed operators to drill deeper and access previously untapped reservoirs. Furthermore, downhole equipment with built-in sensors and smart capabilities has improved decision-making during drilling operations. Such advancements not only increase productivity but also reduce downtime and minimize environmental impact, making them highly attractive to the industry.

Resurgence of Exploration Activities

The Downhole Equipment market has been buoyed by a resurgence of exploration activities in both mature and emerging oil and gas regions. As existing reserves are depleted, oil and gas companies are compelled to explore new frontiers and unconventional resources. In regions like the Permian Basin in the United States and the Vaca Muerta formation in Argentina, renewed interest in exploration has driven up the demand for downhole equipment. Moreover, offshore drilling activities have also seen a resurgence, driven by the discovery of new deepwater reserves. The need for specialized downhole equipment to handle the challenges posed by deepwater drilling, such as extreme pressure and temperature conditions, has further contributed to market growth.

Environmental Regulations

Stringent environmental regulations and the growing emphasis on sustainability have had a profound impact on the Downhole Equipment market. As concerns about the environmental impact of drilling operations increase, there is a growing demand for downhole equipment that minimizes emissions, reduces waste, and enhances safety. Operators are increasingly adopting downhole equipment with features like closed-loop drilling systems, which recirculate drilling fluids, and advanced blowout prevention systems to prevent oil spills. These measures not only comply with regulations but also improve the industry's image and reduce the risk of costly environmental disasters.

Growing Focus on Unconventional Resources

The global Downhole Equipment market is driven by the growing focus on unconventional resources such as shale oil and gas, tight gas, and heavy oil. These resources require specialized downhole equipment due to their unique geological characteristics and challenging extraction methods. The development of hydraulic fracturing (fracking) and horizontal drilling techniques has unlocked vast reserves of unconventional resources. This has led to increased demand for downhole equipment tailored to these unconventional drilling methods, including specialized wellbore tools, completion systems, and proppants.

Infrastructure Development

Infrastructure development, especially in emerging economies, is a significant driver of the Downhole Equipment market. As nations seek to improve their energy infrastructure and reduce dependence on imports, they invest in drilling and exploration activities. This investment encompasses not only the drilling rigs but also the downhole equipment required for efficient and productive operations. Infrastructure development also includes the expansion of pipelines, refineries, and storage facilities, further stimulating the demand for downhole equipment. This trend is particularly pronounced in regions with abundant energy resources, such as the Middle East, Africa, and parts of Asia.

In conclusion, the global Downhole Equipment market is influenced by a complex interplay of factors, including energy demand, technological advancements, exploration activities, environmental regulations, unconventional resources, and infrastructure development. Understanding and adapting to these drivers is crucial for companies operating in this dynamic industry.

Government Policies are Likely to Propel the Market

Environmental Regulations and Emission Control Measures

In recent years, governments worldwide have implemented stringent environmental regulations aimed at reducing the environmental impact of the Downhole Equipment market. These policies are driven by growing concerns over air and water pollution, as well as the contribution of the oil and gas industry to greenhouse gas emissions. Governments have introduced policies that mandate the use of cleaner drilling technologies and downhole equipment to minimize emissions of volatile organic compounds (VOCs) and greenhouse gases such as methane. They also require the use of environmentally friendly drilling fluids and wellbore integrity monitoring systems to prevent leaks and spills. Additionally, governments are increasingly requiring operators to report and disclose their environmental performance, promoting transparency and accountability within the industry. These policies not only protect the environment but also encourage the development and adoption of more sustainable downhole equipment technologies.

Safety Standards and Occupational Health Regulations

Ensuring the safety of workers in the Downhole Equipment market is a top priority for governments. Policies related to safety standards and occupational health regulations are designed to protect workers from the hazards associated with drilling and exploration activities. Governments require operators to adhere to strict safety standards when using downhole equipment. These standards encompass the design, operation, and maintenance of drilling equipment, as well as the training and certification of personnel. They also mandate the use of safety equipment and emergency response plans to mitigate the risks associated with drilling operations. Furthermore, governments often establish agencies or regulatory bodies responsible for monitoring and enforcing safety regulations in the industry. These policies help reduce workplace accidents and ensure the well-being of workers involved in Downhole Equipment activities.

Tax Incentives and Subsidies

To promote domestic production of oil and gas resources, many governments offer tax incentives and subsidies to companies operating in the Downhole Equipment market. These policies are designed to encourage investment in exploration, drilling, and production activities. Tax incentives may include reduced corporate income tax rates for companies engaged in the extraction of natural resources or tax credits for research and development of advanced downhole equipment technologies. Subsidies can be provided for the development of infrastructure such as pipelines and storage facilities, which are essential for the efficient transport and distribution of oil and gas. These incentives and subsidies not only support the growth of the Downhole Equipment market but also contribute to energy security by reducing reliance on imports and promoting domestic resource development.

Licensing and Permitting Regulations

Governments play a pivotal role in regulating the licensing and permitting of drilling operations in the Downhole Equipment market. These policies are put in place to ensure that drilling activities adhere to environmental, safety, and land use standards. Operators are typically required to obtain various permits and licenses before commencing drilling operations. These permits may cover aspects such as land use, water rights, air emissions, and waste disposal. Governments also establish guidelines for the location and spacing of wells to prevent overexploitation of resources and potential conflicts with other land uses. Moreover, governments often impose rigorous environmental impact assessments (EIAs) to evaluate the potential effects of drilling activities on the surrounding ecosystem. This allows for informed decision-making and the implementation of mitigation measures when necessary.

Export and Trade Regulations

Many governments enact export and trade regulations that impact the Downhole Equipment market, particularly in regions with significant energy resources. These policies aim to manage the export of oil and gas products and downhole equipment to maximize economic benefits and energy security. Governments may restrict the export of certain downhole equipment technologies to safeguard their domestic industries or to prioritize the use of these technologies for domestic energy needs. They may also establish export quotas or tariffs to control the outflow of energy resources. These policies are often intertwined with international trade agreements and geopolitical considerations, making them complex and subject to negotiation between governments and industry stakeholders.

Research and Development Support

Governments recognize the importance of innovation in the Downhole Equipment market and may implement policies to support research and development (R&D) efforts. These policies are designed to stimulate the creation of advanced technologies that improve the efficiency and sustainability of drilling operations. Government-sponsored R&D programs may provide grants, tax incentives, or partnerships with research institutions and companies engaged in downhole equipment development. These initiatives encourage the industry to invest in the creation of cutting-edge technologies, including drilling automation, sensor integration, and data analytics, which can enhance productivity and reduce environmental impact. Furthermore, governments may establish technology transfer programs to facilitate the adoption of innovative downhole equipment solutions by operators, thereby driving industry-wide improvements.

In conclusion, government policies have a profound impact on the global Downhole Equipment market, influencing environmental, safety, economic, and technological aspects of the industry. The evolving regulatory landscape underscores the importance of close collaboration between governments, industry stakeholders, and environmental organizations to ensure sustainable and responsible resource extraction.

Key Market Challenges

Volatility in Energy Prices

One of the most significant challenges facing the global Downhole Equipment market is the inherent volatility of energy prices. The prices of oil, natural gas, and other energy commodities are subject to fluctuations driven by a complex interplay of factors, including geopolitical tensions, supply and demand dynamics, and economic conditions. This volatility in energy prices directly impacts the profitability and investment decisions of companies operating in the Downhole Equipment market. When energy prices are high, there is often increased exploration and drilling activity as companies seek to capitalize on favorable market conditions. This can lead to a surge in demand for downhole equipment. Conversely, during periods of low energy prices, many operators may reduce their drilling activities to cut costs, leading to decreased demand for downhole equipment. This cyclicality can result in significant challenges for downhole equipment manufacturers and service providers, as they must navigate the boom and bust cycles of the energy industry. Moreover, the unpredictability of energy prices can make long-term planning and investment decisions in the Downhole Equipment market more challenging. Companies must strike a delicate balance between maintaining production capacity and managing costs to remain competitive in a volatile market. To mitigate this challenge, companies in the Downhole Equipment market often focus on diversifying their product offerings, expanding into other sectors, or providing services that are less dependent on energy price fluctuations. Additionally, they may implement efficient inventory management and cost-control measures to adapt to changing market conditions.

Technological Complexity and Rapid Advancements

While technological advancements have been a driver of the Downhole Equipment market, they also pose a significant challenge. The industry is characterized by rapid innovation and the continuous development of more advanced and complex downhole equipment. The challenge arises from the need for companies to stay at the forefront of technological advancements to remain competitive. Developing, adopting, and integrating new technologies into existing operations require significant investments in research and development (R&D), workforce training, and capital expenditures. Furthermore, as downhole equipment becomes more sophisticated, it also becomes more complex to operate and maintain. This complexity can lead to challenges in terms of personnel training, equipment reliability, and troubleshooting. Companies must ensure that their workforce is adequately trained to operate and maintain advanced downhole equipment effectively. Additionally, the rapid pace of technological advancements can lead to equipment obsolescence. As new, more efficient technologies emerge, older equipment may become less competitive and less desirable to operators. This can result in the need for costly equipment upgrades or replacements to remain competitive in the market. Moreover, companies must navigate the risks associated with adopting new technologies, including potential compatibility issues and the need for rigorous testing and validation to ensure safety and reliability. To address this challenge, companies in the Downhole Equipment market often establish dedicated R&D departments, collaborate with technology partners, and invest in ongoing training and development programs for their employees. They also focus on diversifying their product portfolios to offer a range of equipment options to meet varying customer needs and preferences while mitigating the risks associated with technological obsolescence.

In conclusion, the global Downhole Equipment market faces challenges related to the volatility of energy prices and the rapid pace of technological advancements. Navigating these challenges requires strategic planning, adaptability, and a commitment to staying at the forefront of innovation in the industry.

Segmental Insights

Drilling Insights

The Drilling segment had the largest market share in 2022 & expected to maintain it in the forecast period. Drilling is a fundamental and ongoing activity in the oil and gas industry. It is the initial step in the exploration and production process, allowing access to underground reservoirs of hydrocarbons. Without drilling, there would be no means to reach these valuable resources. As a result, drilling equipment, including drill bits, drill pipes, and drilling motors, is consistently in demand. Continuous Exploration and Production Needs: The demand for drilling equipment is closely tied to the need for continuous exploration and production activities. Energy companies are always looking for new reserves to replace depleted wells and meet the world's growing energy demand. As existing wells deplete, new drilling is required to maintain or increase production levels. This ongoing need for drilling equipment ensures its dominance in the market. Drilling technology has advanced significantly over the years, leading to increased efficiency, safety, and the ability to access deeper and more challenging reservoirs. Innovations in drill bit designs, materials, and coatings have improved drilling performance, while advancements in downhole motors and telemetry systems have made drilling operations more precise. These technological advancements make drilling equipment indispensable in modern drilling operations. The global demand for energy continues to rise, driven by factors such as population growth, urbanization, and industrialization. Oil and natural gas remain crucial energy sources, and drilling is the primary means of extracting these resources. As long as there is a growing need for fossil fuels to meet energy demands, drilling equipment will maintain its dominance in the Downhole Equipment market. Drilling equipment serves various applications within the industry, from exploratory drilling to production drilling and wellbore interventions. This versatility means that drilling equipment is required at different stages of a well's lifecycle. For example, drilling tools are used during exploration and initial well construction, while workover operations may also involve drilling equipment for well maintenance and enhancement. As exploration activities expand to new regions and offshore areas, the demand for drilling equipment grows. Offshore drilling, in particular, relies heavily on specialized drilling equipment designed to operate in challenging environments such as deepwater. This trend contributes to the sustained dominance of drilling equipment in the global Downhole Equipment market.

In summary, drilling equipment's dominance in the global Downhole Equipment market is a reflection of its foundational role in the oil and gas industry, ongoing exploration and production needs, technological advancements, and the ever-increasing global demand for energy resources. As long as drilling remains a critical component of the energy sector, drilling equipment will continue to be a dominant and essential segment of the market.

Well Production Insights

The Well Production segment had the largest market share in 2022 and is projected to experience rapid growth during the forecast period. Well production is a continuous and long-term phase in the life of an oil or gas well. Once a well is drilled and completed, it typically enters the production phase, which can last for decades. This phase requires ongoing maintenance, optimization, and the use of specialized equipment to extract hydrocarbons efficiently. Consequently, well production equipment remains in high demand throughout the life of a well. Oil and gas operators are constantly striving to maximize the recovery of hydrocarbon resources from their wells. This is particularly crucial given the significant investments made in drilling and well completion. Well production equipment, including downhole pumps, artificial lift systems, and production monitoring tools, plays a central role in achieving higher production rates and extending the economic life of wells. Well production equipment is applicable to a wide range of well types, including vertical, horizontal, and directional wells, as well as those located onshore and offshore. The versatility of well production equipment makes it essential across various drilling environments and well configurations. Unlike exploration and drilling phases, which can be influenced by fluctuations in oil and gas prices, well production equipment enjoys a degree of stability. Even during periods of lower commodity prices, operators often prioritize maintaining production from existing wells to generate revenue and offset drilling costs. This consistent demand for production equipment contributes to its dominance. Advances in well production technologies have led to improved equipment efficiency and reliability. Modern artificial lift systems, such as electrical submersible pumps (ESPs) and rod lift systems, are more capable of optimizing production rates and minimizing downtime. These technological innovations further solidify the importance of production equipment in the industry. In many regions, oil and gas fields have matured, meaning they have been in production for an extended period. To continue extracting resources from these mature fields, operators often rely on enhanced oil recovery (EOR) techniques, which require specialized production equipment. This equipment can include gas injection systems, waterflood equipment, and chemical injection tools designed to increase the recovery factor from aging wells.

Regional Insights

North America

The North American downhole equipment market is expected to dominate the global market during the forecast period, owing to the presence of major oil and gas companies in the region. The United States is the largest market for downhole equipment in North America, followed by Canada.

The growth of the market in North America is driven by the increasing demand for oil and gas, the growing exploration and production activities, and the technological advancements in downhole drilling and completion technologies.

The market in North America is also supported by the favorable government policies and regulations. For example, the US government has been providing tax breaks and other incentives to the oil and gas industry to boost exploration and production activities.

Europe

The European downhole equipment market is the second largest market in the world. The market is driven by the increasing demand for oil and gas in countries such as Russia, Norway, and the United Kingdom.

The technological advancements in downhole drilling and completion technologies are also driving the market growth in Europe. For example, the use of advanced sensors and data analytics is helping oil and gas companies to improve the efficiency of their drilling and production operations.

The market in Europe is also supported by the presence of a large number of well-established oil and gas companies. These companies are investing in research and development to develop innovative downhole equipment solutions.

Key Market Players

Baker Hughes Company

Halliburton Corporation

Schlumberger NV

Weatherford International Plc

NOV Inc.

Cameron International Corporation

Trican Well Service Ltd

PetroChina Company Limited

China Oilfield Services Limited

Sinopec Oilfield Equipment Corporation

Report Scope:

In this report, the Global Downhole Equipment Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Downhole Equipment Market, By Type:

  • Drilling
  • Pressure & Flow Control
  • Handling
  • Impurity Control
  • Others

Downhole Equipment Market, By Application:

  • Well Drilling
  • Well Completion
  • Well Intervention
  • Well Production
  • Formation & Evaluation

Downhole Equipment Market, By Location:

  • Onshore
  • Offshore
  • Shallow Water
  • Deepwater
  • Ultra-Deepwater

Downhole Equipment Market, By Region:

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Turkey

Competitive Landscape

  • Company Profiles: Detailed analysis of the major companies present in the Global Downhole Equipment Market.

Available Customizations:

  • Global Downhole Equipment market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

  • 1.1. Market Definition
  • 1.2. Scope of the Market
    • 1.2.1. Markets Covered
    • 1.2.2. Years Considered for Study

2. Key Market Segmentations

3. Research Methodology

  • 3.1. Objective of the Study
  • 3.2. Baseline Methodology
  • 3.3. Formulation of the Scope
  • 3.4. Assumptions and Limitations
  • 3.5. Sources of Research
    • 3.5.1. Secondary Research
    • 3.5.2. Primary Research
  • 3.6. Approach for the Market Study
    • 3.6.1. The Bottom-Up Approach
    • 3.6.2. The Top-Down Approach
  • 3.7. Methodology Followed for Calculation of Market Size & Market Shares
  • 3.8. Forecasting Methodology
    • 3.8.1. Data Triangulation & Validation

4. Executive Summary

5. Voice of Customer

6. Global Downhole Equipment Market Outlook

  • 6.1. Market Size & Forecast
    • 6.1.1. By Value
  • 6.2. Market Share & Forecast
    • 6.2.1. By Type (Drilling, Pressure & Flow Control, Handling, Impurity Control, and Others)
    • 6.2.2. By Application (Well Drilling, Well Completion, Well Intervention, Well Production, Formation & Evaluation)
    • 6.2.3. By Location (Onshore and Offshore)
    • 6.2.4. By Region
    • 6.2.5. By Company (2022)
  • 6.3. Market Map

7. North America Downhole Equipment Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value
  • 7.2. Market Share & Forecast
    • 7.2.1. By Type
    • 7.2.2. By Application
    • 7.2.3. By Location
    • 7.2.4. By Country
  • 7.3. North America: Country Analysis
    • 7.3.1. United States Downhole Equipment Market Outlook
      • 7.3.1.1. Market Size & Forecast
        • 7.3.1.1.1. By Value
      • 7.3.1.2. Market Share & Forecast
        • 7.3.1.2.1. By Type
        • 7.3.1.2.2. By Application
        • 7.3.1.2.3. By Location
    • 7.3.2. Canada Downhole Equipment Market Outlook
      • 7.3.2.1. Market Size & Forecast
        • 7.3.2.1.1. By Value
      • 7.3.2.2. Market Share & Forecast
        • 7.3.2.2.1. By Type
        • 7.3.2.2.2. By Application
        • 7.3.2.2.3. By Location
    • 7.3.3. Mexico Downhole Equipment Market Outlook
      • 7.3.3.1. Market Size & Forecast
        • 7.3.3.1.1. By Value
      • 7.3.3.2. Market Share & Forecast
        • 7.3.3.2.1. By Type
        • 7.3.3.2.2. By Application
        • 7.3.3.2.3. By Location

8. Europe Downhole Equipment Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value
  • 8.2. Market Share & Forecast
    • 8.2.1. By Type
    • 8.2.2. By Application
    • 8.2.3. By Location
    • 8.2.4. By Country
  • 8.3. Europe: Country Analysis
    • 8.3.1. Germany Downhole Equipment Market Outlook
      • 8.3.1.1. Market Size & Forecast
        • 8.3.1.1.1. By Value
      • 8.3.1.2. Market Share & Forecast
        • 8.3.1.2.1. By Type
        • 8.3.1.2.2. By Application
        • 8.3.1.2.3. By Location
    • 8.3.2. United Kingdom Downhole Equipment Market Outlook
      • 8.3.2.1. Market Size & Forecast
        • 8.3.2.1.1. By Value
      • 8.3.2.2. Market Share & Forecast
        • 8.3.2.2.1. By Type
        • 8.3.2.2.2. By Application
        • 8.3.2.2.3. By Location
    • 8.3.3. Italy Downhole Equipment Market Outlook
      • 8.3.3.1. Market Size & Forecast
        • 8.3.3.1.1. By Value
      • 8.3.3.2. Market Share & Forecast
        • 8.3.3.2.1. By Type
        • 8.3.3.2.2. By Application
        • 8.3.3.2.3. By Location
    • 8.3.4. France Downhole Equipment Market Outlook
      • 8.3.4.1. Market Size & Forecast
        • 8.3.4.1.1. By Value
      • 8.3.4.2. Market Share & Forecast
        • 8.3.4.2.1. By Type
        • 8.3.4.2.2. By Application
        • 8.3.4.2.3. By Location
    • 8.3.5. Spain Downhole Equipment Market Outlook
      • 8.3.5.1. Market Size & Forecast
        • 8.3.5.1.1. By Value
      • 8.3.5.2. Market Share & Forecast
        • 8.3.5.2.1. By Type
        • 8.3.5.2.2. By Application
        • 8.3.5.2.3. By Location

9. Asia-Pacific Downhole Equipment Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value
  • 9.2. Market Share & Forecast
    • 9.2.1. By Type
    • 9.2.2. By Application
    • 9.2.3. By Location
    • 9.2.4. By Country
  • 9.3. Asia-Pacific: Country Analysis
    • 9.3.1. China Downhole Equipment Market Outlook
      • 9.3.1.1. Market Size & Forecast
        • 9.3.1.1.1. By Value
      • 9.3.1.2. Market Share & Forecast
        • 9.3.1.2.1. By Type
        • 9.3.1.2.2. By Application
        • 9.3.1.2.3. By Location
    • 9.3.2. India Downhole Equipment Market Outlook
      • 9.3.2.1. Market Size & Forecast
        • 9.3.2.1.1. By Value
      • 9.3.2.2. Market Share & Forecast
        • 9.3.2.2.1. By Type
        • 9.3.2.2.2. By Application
        • 9.3.2.2.3. By Location
    • 9.3.3. Japan Downhole Equipment Market Outlook
      • 9.3.3.1. Market Size & Forecast
        • 9.3.3.1.1. By Value
      • 9.3.3.2. Market Share & Forecast
        • 9.3.3.2.1. By Type
        • 9.3.3.2.2. By Application
        • 9.3.3.2.3. By Location
    • 9.3.4. South Korea Downhole Equipment Market Outlook
      • 9.3.4.1. Market Size & Forecast
        • 9.3.4.1.1. By Value
      • 9.3.4.2. Market Share & Forecast
        • 9.3.4.2.1. By Type
        • 9.3.4.2.2. By Application
        • 9.3.4.2.3. By Location
    • 9.3.5. Australia Downhole Equipment Market Outlook
      • 9.3.5.1. Market Size & Forecast
        • 9.3.5.1.1. By Value
      • 9.3.5.2. Market Share & Forecast
        • 9.3.5.2.1. By Type
        • 9.3.5.2.2. By Application
        • 9.3.5.2.3. By Location

10. South America Downhole Equipment Market Outlook

  • 10.1. Market Size & Forecast
    • 10.1.1. By Value
  • 10.2. Market Share & Forecast
    • 10.2.1. By Type
    • 10.2.2. By Application
    • 10.2.3. By Location
    • 10.2.4. By Country
  • 10.3. South America: Country Analysis
    • 10.3.1. Brazil Downhole Equipment Market Outlook
      • 10.3.1.1. Market Size & Forecast
        • 10.3.1.1.1. By Value
      • 10.3.1.2. Market Share & Forecast
        • 10.3.1.2.1. By Type
        • 10.3.1.2.2. By Application
        • 10.3.1.2.3. By Location
    • 10.3.2. Argentina Downhole Equipment Market Outlook
      • 10.3.2.1. Market Size & Forecast
        • 10.3.2.1.1. By Value
      • 10.3.2.2. Market Share & Forecast
        • 10.3.2.2.1. By Type
        • 10.3.2.2.2. By Application
        • 10.3.2.2.3. By Location
    • 10.3.3. Colombia Downhole Equipment Market Outlook
      • 10.3.3.1. Market Size & Forecast
        • 10.3.3.1.1. By Value
      • 10.3.3.2. Market Share & Forecast
        • 10.3.3.2.1. By Type
        • 10.3.3.2.2. By Application
        • 10.3.3.2.3. By Location

11. Middle East and Africa Downhole Equipment Market Outlook

  • 11.1. Market Size & Forecast
    • 11.1.1. By Value
  • 11.2. Market Share & Forecast
    • 11.2.1. By Type
    • 11.2.2. By Application
    • 11.2.3. By Location
    • 11.2.4. By Country
  • 11.3. MEA: Country Analysis
    • 11.3.1. South Africa Downhole Equipment Market Outlook
      • 11.3.1.1. Market Size & Forecast
        • 11.3.1.1.1. By Value
      • 11.3.1.2. Market Share & Forecast
        • 11.3.1.2.1. By Type
        • 11.3.1.2.2. By Application
        • 11.3.1.2.3. By Location
    • 11.3.2. Saudi Arabia Downhole Equipment Market Outlook
      • 11.3.2.1. Market Size & Forecast
        • 11.3.2.1.1. By Value
      • 11.3.2.2. Market Share & Forecast
        • 11.3.2.2.1. By Type
        • 11.3.2.2.2. By Application
        • 11.3.2.2.3. By Location
    • 11.3.3. UAE Downhole Equipment Market Outlook
      • 11.3.3.1. Market Size & Forecast
        • 11.3.3.1.1. By Value
      • 11.3.3.2. Market Share & Forecast
        • 11.3.3.2.1. By Type
        • 11.3.3.2.2. By Application
        • 11.3.3.2.3. By Location
    • 11.3.4. Kuwait Downhole Equipment Market Outlook
      • 11.3.4.1. Market Size & Forecast
        • 11.3.4.1.1. By Value
      • 11.3.4.2. Market Share & Forecast
        • 11.3.4.2.1. By Type
        • 11.3.4.2.2. By Application
        • 11.3.4.2.3. By Location
    • 11.3.5. Turkey Downhole Equipment Market Outlook
      • 11.3.5.1. Market Size & Forecast
        • 11.3.5.1.1. By Value
      • 11.3.5.2. Market Share & Forecast
        • 11.3.5.2.1. By Type
        • 11.3.5.2.2. By Application
        • 11.3.5.2.3. By Location

12. Market Dynamics

13. Market Trends & Developments

14. Competitive Landscape

  • 14.1. Baker Hughes Company
    • 14.1.1. Business Overview
    • 14.1.2. Key Revenue and Financials
    • 14.1.3. Recent Developments
    • 14.1.4. Key Personnel/Key Contact Person
    • 14.1.5. Key Product/Services Offered
  • 14.2. Halliburton Corporation
    • 14.2.1. Business Overview
    • 14.2.2. Key Revenue and Financials
    • 14.2.3. Recent Developments
    • 14.2.4. Key Personnel/Key Contact Person
    • 14.2.5. Key Product/Services Offered
  • 14.3. Schlumberger NV
    • 14.3.1. Business Overview
    • 14.3.2. Key Revenue and Financials
    • 14.3.3. Recent Developments
    • 14.3.4. Key Personnel/Key Contact Person
    • 14.3.5. Key Product/Services Offered
  • 14.4. Weatherford International Plc
    • 14.4.1. Business Overview
    • 14.4.2. Key Revenue and Financials
    • 14.4.3. Recent Developments
    • 14.4.4. Key Personnel/Key Contact Person
    • 14.4.5. Key Product/Services Offered
  • 14.5. NOV Inc.
    • 14.5.1. Business Overview
    • 14.5.2. Key Revenue and Financials
    • 14.5.3. Recent Developments
    • 14.5.4. Key Personnel/Key Contact Person
    • 14.5.5. Key Product/Services Offered
  • 14.6. Cameron International Corporation
    • 14.6.1. Business Overview
    • 14.6.2. Key Revenue and Financials
    • 14.6.3. Recent Developments
    • 14.6.4. Key Personnel/Key Contact Person
    • 14.6.5. Key Product/Services Offered
  • 14.7. Trican Well Service Ltd
    • 14.7.1. Business Overview
    • 14.7.2. Key Revenue and Financials
    • 14.7.3. Recent Developments
    • 14.7.4. Key Personnel/Key Contact Person
    • 14.7.5. Key Product/Services Offered
  • 14.8. PetroChina Company Limited
    • 14.8.1. Business Overview
    • 14.8.2. Key Revenue and Financials
    • 14.8.3. Recent Developments
    • 14.8.4. Key Personnel/Key Contact Person
    • 14.8.5. Key Product/Services Offered
  • 14.9. China Oilfield Services Limited
    • 14.9.1. Business Overview
    • 14.9.2. Key Revenue and Financials
    • 14.9.3. Recent Developments
    • 14.9.4. Key Personnel/Key Contact Person
    • 14.9.5. Key Product/Services Offered
  • 14.10. Sinopec Oilfield Equipment Corporation
    • 14.10.1. Business Overview
    • 14.10.2. Key Revenue and Financials
    • 14.10.3. Recent Developments
    • 14.10.4. Key Personnel/Key Contact Person
    • 14.10.5. Key Product/Services Offered

15. Strategic Recommendations

16. About Us & Disclaimer