Global Downhole Tools Market Research 2021-2025 | COVID-19 Market Impact Analysis | Technavio

·4 min read

The downhole tools market is poised to grow by USD 12.68 billion during 2021-2025, progressing at a CAGR of over 6% during the forecast period.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210120005570/en/

Technavio has announced its latest market research report titled Downhole Tools Market by Application and Geography - Forecast and Analysis 2021-2025 (Graphic: Business Wire)

Worried about the impact of COVID-19 on your business? Here is an exclusive report talking about Market scenarios, Estimates, the impact of lockdown, and Customer Behaviour.

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The report on the downhole tools market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by the rise in unconventional oil and gas resources.

The downhole tools market analysis includes the application and geography landscape. This study identifies the discovery of new oilfields and refineries as one of the prime reasons driving the downhole tools market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The downhole tools market covers the following areas:

Downhole Tools Market Sizing
Downhole Tools Market Forecast
Downhole Tools Market Analysis

Companies Mentioned

  • Aker Solutions ASA

  • Archer Ltd.

  • Dril-Quip Inc.

  • General Electric Co.

  • Halliburton Co.

  • National Oilwell Varco Inc.

  • NexTier Oilfield Solutions Inc.

  • Schlumberger Ltd.

  • Superior Energy Services Inc.

  • Weatherford International Plc

Related Reports on Energy Include:

Global Subsea Well Access and Blowout Preventer System Market - The subsea well access and blowout preventer system market is segmented by product (subsea BOP and subsea WAS) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report

Global Downhole Drilling Tools Market - The downhole drilling tools market is segmented by product (Tubulars, Deflection, and downhole motors, Casing and cementing tools, Drill bits, and Others) and geography (North America, MEA, APAC, Europe, and South America). Click Here to Get an Exclusive Free Sample Report

Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2020

  • Market outlook: Forecast for 2020-2025

Five Forces Analysis

  • Five Forces Summary

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

Market Segmentation by Application

  • Market segments

  • Comparison by Application

  • Drilling - Market size and forecast 2020-2025

  • Well intervention - Market size and forecast 2020-2025

  • Completion - Market size and forecast 2020-2025

  • Market opportunity by Application

Customer Landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • North America - Market size and forecast 2020-2025

  • MEA - Market size and forecast 2020-2025

  • Europe - Market size and forecast 2020-2025

  • APAC - Market size and forecast 2020-2025

  • South America - Market size and forecast 2020-2025

  • Key leading countries

  • Market opportunity by geography

  • Market drivers – Demand led-growth

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Vendor landscape

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • Aker Solutions ASA

  • Archer Ltd.

  • Dril-Quip Inc.

  • General Electric Co.

  • Halliburton Co.

  • National Oilwell Varco Inc.

  • NexTier Oilfield Solutions Inc.

  • Schlumberger Ltd.

  • Superior Energy Services Inc.

  • Weatherford International Plc

Appendix

  • Scope of the report

  • Currency conversion rates for US$

  • Research methodology

  • List of abbreviations

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210120005570/en/

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