Report overview
Downhole tools are part of oilfield equipment used in drilling, completion, and intervention or workover activities that help optimize well production levels and maintain continuous flow from the reservoir.
This report aims to provide a comprehensive presentation of the global market for Downhole Tools, 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 Tools. This report contains market size and forecasts of Downhole Tools in global, including the following market information:
Global Downhole Tools Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Downhole Tools market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The top three companies, Baker Hughes, Halliburton and Schlumberger, have 23% of the market share.
We surveyed the Downhole Tools companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Downhole Tools Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Downhole Tools Market Segment Percentages, by Type, 2022 (%)
Packer Class
Control Tool Class
Workover Tools
Other
Global Downhole Tools Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Downhole Tools Market Segment Percentages, by Application, 2022 (%)
Onshore Oil Wells
Offshore Oil Wells
Global Downhole Tools Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Downhole Tools Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Downhole Tools revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Downhole Tools revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Baker Hughes
Halliburton
Schlumberger
National Oilwell Varco Inc.
Weatherford International Ltd.
SJS Ltd.
ANTHON
SHANDONG MOLONG PETROLEUM MECHINERY CO..LTD
Dril-Quip (TIW)
Outline of Major Chapters:
Chapter 1: Introduces the definition of Downhole Tools, market overview.
Chapter 2: Global Downhole Tools market size in revenue.
Chapter 3: Detailed analysis of Downhole Tools company competitive landscape, revenue and 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: Sales of Downhole Tools in regional level and country level. 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 of each country in the world.
Chapter 7: 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 8: The main points and conclusions of the report.
