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Apr 17, 2019 8:38 AM ET

Downhole Tools Market Worth 5.6% CAGR in coming 5 years

Downhole Tools Market Worth 5.6% CAGR in coming 5 years

iCrowd Newswire - Apr 17, 2019

Global Downhole Tools Market Overview:

Downhole tools play an important role in oil & gas exploration and production activities. Downhole tools are employed for workover and completion activities of a well in the Bottom Hole Assembly BHA. Downhole tools are selected based on the formation characteristics of the reservoir and the rate of penetration to be achieved. These tools find application in a variety of operations, such as fishing, casing, cementing, well bottom communication, drilling, logging, fracturing, and well measurements. The rising demand for advanced tools that function optimally in high pressure and temperature conditions has also been a driver of this market.

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This report focuses on the Downhole Tools in the global market, especially in North America, Europe and Asia-Pacific, South America, Middle East, and Africa. This report categorizes the market based on manufacturers, regions, type, and application.

The worldwide market for Downhole Tools is expected to grow at a CAGR of roughly 5.6% over the next five years, will reach $$ million US$ in 2023, from $$ million US$ in 2017, according to a new Planet Market Reports study.

Market segment by manufacturers, this report covers

Schlumberger Ltd. 
Halliburton Co.  
Saint Gobain 
Baker Hughes 
Weatherford International Ltd. 
National Oilwell Varco Inc. 
Oil States International Inc.  
Moog Inc.  
Schoeller Bleckmann Oilfield Equipment AG 
Anton Oilfield Services Ltd.  
Logan Oil Tools Inc.  
Wenzel Downhole Tools Ltd.  
United Drilling Tools Ltd.  
Excalibre Downhole Tools Ltd.  
Bilco Tools Inc.

Market segment by regions, regional analysis covers

North America United States, Canada and Mexico 
Europe Germany, France, UK, Russia and Italy 
Asia-Pacific China, Japan, Korea, India and Southeast Asia 
South America Brazil, Argentina, Colombia etc. 
Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa 

Market segment by type, covers

Flow & Pressure Control Tools
Impurity Control Tools
Drilling Tools
Downhole Control Tools
Handling Tools

Market segment by applications can be divided into

Well Drilling
Well Completion
Well Intervention
Formation & Evaluation
Oil & Gas Production

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The content of the study subjects includes a total of 15 chapters:

Chapter 1, to describe Downhole Tools Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Downhole Tools, with sales, revenue, and price of Downhole Tools, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Downhole Tools, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Downhole Tools market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Downhole Tools sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

Any special requirements about this report, please let us know and we can provide custom report.

Contact Information:

Name: Jennifer Daniel
Email-Id: [email protected]
US: +1-716-2260907
UK: +447441952057
Organization: Planet Market Reports

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