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Synopsis
Downhole Tools are pieces of oilfield equipment that are used during well drilling, completion and intervention or well workover activities and helps the oil well in optimizing the production levels and maintain a continuous flow from a reservoir.
The global Downhole Equipment market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Downhole Equipment is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Downhole Equipment is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Downhole Equipment in Oil Industry is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Downhole Equipment include Halliburton, General Electric, Weir Group, Aker Solutions, National Oilwell Varco, Schlumberger, Superior Energy Services, Forum Technologies and Essential Energy Services, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Downhole Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Downhole Equipment.
Report Scope
The Downhole Equipment market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Downhole Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Downhole Equipment companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- Halliburton
- General Electric
- Weir Group
- Aker Solutions
- National Oilwell Varco
- Schlumberger
- Superior Energy Services
- Forum Technologies
- Essential Energy Services
- Oil States International
Segment by Type
- Flow and Pressure Control
- Drilling Tool
- Impurity Control
- Downhole Control
Segment by Application
- Oil Industry
- Natural Gas Industry
- Geological Prospecting
- Other
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Netherlands)
- Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
- Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Downhole Equipment companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Downhole Equipment Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Flow and Pressure Control
1.2.3 Drilling Tool
1.2.4 Impurity Control
1.2.5 Downhole Control
1.3 Market by Application
1.3.1 Global Downhole Equipment Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Oil Industry
1.3.3 Natural Gas Industry
1.3.4 Geological Prospecting
1.3.5 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Downhole Equipment Market Perspective (2019-2030)
2.2 Downhole Equipment Growth Trends by Region
2.2.1 Global Downhole Equipment Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Downhole Equipment Historic Market Size by Region (2019-2024)
2.2.3 Downhole Equipment Forecasted Market Size by Region (2025-2030)
2.3 Downhole Equipment Market Dynamics
2.3.1 Downhole Equipment Industry Trends
2.3.2 Downhole Equipment Market Drivers
2.3.3 Downhole Equipment Market Challenges
2.3.4 Downhole Equipment Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Downhole Equipment Players by Revenue
3.1.1 Global Top Downhole Equipment Players by Revenue (2019-2024)
3.1.2 Global Downhole Equipment Revenue Market Share by Players (2019-2024)
3.2 Global Downhole Equipment Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Downhole Equipment Revenue
3.4 Global Downhole Equipment Market Concentration Ratio
3.4.1 Global Downhole Equipment Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Downhole Equipment Revenue in 2023
3.5 Downhole Equipment Key Players Head office and Area Served
3.6 Key Players Downhole Equipment Product Solution and Service
3.7 Date of Enter into Downhole Equipment Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Downhole Equipment Breakdown Data by Type
4.1 Global Downhole Equipment Historic Market Size by Type (2019-2024)
4.2 Global Downhole Equipment Forecasted Market Size by Type (2025-2030)
5 Downhole Equipment Breakdown Data by Application
5.1 Global Downhole Equipment Historic Market Size by Application (2019-2024)
5.2 Global Downhole Equipment Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Downhole Equipment Market Size (2019-2030)
6.2 North America Downhole Equipment Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Downhole Equipment Market Size by Country (2019-2024)
6.4 North America Downhole Equipment Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Downhole Equipment Market Size (2019-2030)
7.2 Europe Downhole Equipment Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Downhole Equipment Market Size by Country (2019-2024)
7.4 Europe Downhole Equipment Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Downhole Equipment Market Size (2019-2030)
8.2 Asia-Pacific Downhole Equipment Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Downhole Equipment Market Size by Region (2019-2024)
8.4 Asia-Pacific Downhole Equipment Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Downhole Equipment Market Size (2019-2030)
9.2 Latin America Downhole Equipment Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Downhole Equipment Market Size by Country (2019-2024)
9.4 Latin America Downhole Equipment Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Downhole Equipment Market Size (2019-2030)
10.2 Middle East & Africa Downhole Equipment Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Downhole Equipment Market Size by Country (2019-2024)
10.4 Middle East & Africa Downhole Equipment Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Halliburton
11.1.1 Halliburton Company Detail
11.1.2 Halliburton Business Overview
11.1.3 Halliburton Downhole Equipment Introduction
11.1.4 Halliburton Revenue in Downhole Equipment Business (2019-2024)
11.1.5 Halliburton Recent Development
11.2 General Electric
11.2.1 General Electric Company Detail
11.2.2 General Electric Business Overview
11.2.3 General Electric Downhole Equipment Introduction
11.2.4 General Electric Revenue in Downhole Equipment Business (2019-2024)
11.2.5 General Electric Recent Development
11.3 Weir Group
11.3.1 Weir Group Company Detail
11.3.2 Weir Group Business Overview
11.3.3 Weir Group Downhole Equipment Introduction
11.3.4 Weir Group Revenue in Downhole Equipment Business (2019-2024)
11.3.5 Weir Group Recent Development
11.4 Aker Solutions
11.4.1 Aker Solutions Company Detail
11.4.2 Aker Solutions Business Overview
11.4.3 Aker Solutions Downhole Equipment Introduction
11.4.4 Aker Solutions Revenue in Downhole Equipment Business (2019-2024)
11.4.5 Aker Solutions Recent Development
11.5 National Oilwell Varco
11.5.1 National Oilwell Varco Company Detail
11.5.2 National Oilwell Varco Business Overview
11.5.3 National Oilwell Varco Downhole Equipment Introduction
11.5.4 National Oilwell Varco Revenue in Downhole Equipment Business (2019-2024)
11.5.5 National Oilwell Varco Recent Development
11.6 Schlumberger
11.6.1 Schlumberger Company Detail
11.6.2 Schlumberger Business Overview
11.6.3 Schlumberger Downhole Equipment Introduction
11.6.4 Schlumberger Revenue in Downhole Equipment Business (2019-2024)
11.6.5 Schlumberger Recent Development
11.7 Superior Energy Services
11.7.1 Superior Energy Services Company Detail
11.7.2 Superior Energy Services Business Overview
11.7.3 Superior Energy Services Downhole Equipment Introduction
11.7.4 Superior Energy Services Revenue in Downhole Equipment Business (2019-2024)
11.7.5 Superior Energy Services Recent Development
11.8 Forum Technologies
11.8.1 Forum Technologies Company Detail
11.8.2 Forum Technologies Business Overview
11.8.3 Forum Technologies Downhole Equipment Introduction
11.8.4 Forum Technologies Revenue in Downhole Equipment Business (2019-2024)
11.8.5 Forum Technologies Recent Development
11.9 Essential Energy Services
11.9.1 Essential Energy Services Company Detail
11.9.2 Essential Energy Services Business Overview
11.9.3 Essential Energy Services Downhole Equipment Introduction
11.9.4 Essential Energy Services Revenue in Downhole Equipment Business (2019-2024)
11.9.5 Essential Energy Services Recent Development
11.10 Oil States International
11.10.1 Oil States International Company Detail
11.10.2 Oil States International Business Overview
11.10.3 Oil States International Downhole Equipment Introduction
11.10.4 Oil States International Revenue in Downhole Equipment Business (2019-2024)
11.10.5 Oil States International Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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