The global Logging Tools market was valued at 2421.67 Million USD in 2021 and will grow with a CAGR of 4.8% from 2021 to 2027, based on Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Logging technology is the eye of petroleum exploration and development. After drilling and drilling the formation, use various logging instruments to measure in the wellbore, record resistivity, acoustic waves, nuclear, electromagnetic waves, temperature and other parameters, which can determine the rock properties of underground reservoirs , Porosity, permeability, location, thickness, oil and gas saturation and other reservoir parameters. The major logging tool manufacturers in the market include Schlumberger, Halliburton, Baker Hughes, etc. The top ten global companies account for nearly 87% of the sales market, and the top three domestic companies also account for more than 66% of the revenue market. North America is the world`s largest consumer market, accounting for more than 27% of the sales market.
By Market Verdors:
- Schlumberger
- Halliburton
- Baker Hughes
- CNPC
- CETC
- Weatherford
- Hunter
- Probe
- HUNDING ENERGY SERVICES
- SHENKAI
- Well-Sun
- Hotwell
- Si Tan
- Zebanon
- AOHUA Electron
- Altos Technologies
By Types:
- CNC Logging Tool
- Imaging Logging Tool
By Applications:
- Open Hole Logging
- Cased Hole Logging
Key Indicators Analysed
- Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
- Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
- Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
- Opportunities and Drivers: Identifying the Growing Demands and New Technology
- Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
- To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
- Assess the production processes, major issues, and solutions to mitigate the development risk.
- To understand the most affecting driving and restraining forces in the market and its impact in the global market.
- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for the market.
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