NEW YORK, April 29, 2020 /PRNewswire/ -- Downhole Tools market worldwide is projected to grow by US$1.5 Billion, driven by a compounded growth of 4.7%. Flow & Pressure Control, one of the segments analyzed and sized in this study, displays the potential to grow at over 5.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$1.1 Billion by the year 2025, Flow & Pressure Control will bring in healthy gains adding significant momentum to global growth.
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- Representing the developed world, the United States will maintain a 3.6% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$52.2 Million to the region's size and clout in the next 5 to 6 years. Over US$42.3 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Flow & Pressure Control will reach a market size of US$29.4 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 7.5% over the next couple of years and add approximately US$436.3 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
- Competitors identified in this market include, among others,
- Anton Oilfield Services Ltd.
- Baker Hughes, a GE company
- Bilco Tools, Inc.
- Excalibre Downhole Tools Ltd.
- Halliburton
- Moog, Inc.
- National Oilwell Varco, Inc.
- Oil States International, Inc.
- Schlumberger Ltd.
- Schoeller-Bleckmann Oilfield Equipment AG
- United Drilling Tools Ltd.
- Weatherford International Ltd.
- Wenzel Downhole Tools Ltd.
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Downhole Tools Competitor Market Share Scenario Worldwide
(in %): 2019 & 2025
Downhole Tools: A Prelude
Major Markets for Downhole Tools
Key Market Players.
Product Overview
Product Definition & Types
Application of Downhole Tools
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
High Performance Downhole Tools Gather Demand
Artificial Intelligence Attracts Attention from Oil Companies
Industry Seeks Advancements in Sensor Technology
Rise in Drilling Activities Across the Globe Spurs Demadn for
Downhole Tools
AI Adoption on Rise in Oil And Gas Industry
Factors Driving Growth in the Downhole Tools Market
Industry Moves towards Digital Technologies
Oil and Gas Inventories Worldwide: 2008-2020 (In Million Barrels)
4. GLOBAL MARKET PERSPECTIVE
Table 1: Downhole Tools Global Market Estimates and Forecasts
in US$ Million by Region/Country: 2018-2025
Table 2: Downhole Tools Global Retrospective Market Scenario in
US$ Million by Region/Country: 2009-2017
Table 3: Downhole Tools Market Share Shift across Key
Geographies Worldwide: 2009 VS 2019 VS 2025
Table 4: Flow & Pressure Control (Segment) World Market by
Region/Country in US$ Million: 2018 to 2025
Table 5: Flow & Pressure Control (Segment) Historic Market
Analysis by Region/Country in US$ Million: 2009 to 2017
Table 6: Flow & Pressure Control (Segment) Market Share
Breakdown of Worldwide Sales by Region/Country: 2009 VS 2019 VS
2025
Table 7: Drilling (Segment) Potential Growth Markets Worldwide
in US$ Million: 2018 to 2025
Table 8: Drilling (Segment) Historic Market Perspective by
Region/Country in US$ Million: 2009 to 2017
Table 9: Drilling (Segment) Market Sales Breakdown by
Region/Country in Percentage: 2009 VS 2019 VS 2025
Table 10: Impurity Control (Segment) Geographic Market Spread
Worldwide in US$ Million: 2018 to 2025
Table 11: Impurity Control (Segment) Region Wise Breakdown of
Global Historic Demand in US$ Million: 2009 to 2017
Table 12: Impurity Control (Segment) Market Share Distribution
in Percentage by Region/Country: 2009 VS 2019 VS 2025
Table 13: Downhole Control (Segment) World Market Estimates and
Forecasts by Region/Country in US$ Million: 2018 to 2025
Table 14: Downhole Control (Segment) Market Historic Review by
Region/Country in US$ Million: 2009 to 2017
Table 15: Downhole Control (Segment) Market Share Breakdown by
Region/Country: 2009 VS 2019 VS 2025
Table 16: Handling Tool (Segment) World Market by
Region/Country in US$ Million: 2018 to 2025
Table 17: Handling Tool (Segment) Historic Market Analysis by
Region/Country in US$ Million: 2009 to 2017
Table 18: Handling Tool (Segment) Market Share Distribution in
Percentage by Region/Country: 2009 VS 2019 VS 2025
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Downhole Tools Market Share (in %) by Company: 2019 & 2025
Ongoing Demand for Technologically Advanced Tools is Driving
the Downhole Tools Market.
North America - Oil & Gas Scenario
United States is one of the Largest Markets for Downhole
Drilling Tools.
Market Analytics
Table 19: United States Downhole Tools Market Estimates and
Projections in US$ Million by Segment: 2018 to 2025
Table 20: Downhole Tools Market in the United States by
Segment: A Historic Review in US$ Million for 2009-2017
Table 21: United States Downhole Tools Market Share Breakdown
by Segment: 2009 VS 2019 VS 2025
CANADA
Table 22: Canadian Downhole Tools Market Estimates and
Forecasts in US$ Million by Segment: 2018 to 2025
Table 23: Canadian Downhole Tools Historic Market Review by
Segment in US$ Million: 2009-2017
Table 24: Downhole Tools Market in Canada: Percentage Share
Breakdown of Sales by Segment for 2009, 2019, and 2025
JAPAN
Table 25: Japanese Market for Downhole Tools: Annual Sales
Estimates and Projections in US$ Million by Segment for the
Period 2018-2025
Table 26: Downhole Tools Market in Japan: Historic Sales
Analysis in US$ Million by Segment for the Period 2009-2017
Table 27: Japanese Downhole Tools Market Share Analysis by
Segment: 2009 VS 2019 VS 2025
CHINA
Table 28: Chinese Downhole Tools Market Growth Prospects in US$
Million by Segment for the Period 2018-2025
Table 29: Downhole Tools Historic Market Analysis in China in
US$ Million by Segment: 2009-2017
Table 30: Chinese Downhole Tools Market by Segment: Percentage
Breakdown of Sales for 2009, 2019, and 2025
EUROPE
Market Facts & Figures
European Downhole Tools Market: Competitor Market Share
Scenario (in %) for 2019 & 2025
Market Analytics
Table 31: European Downhole Tools Market Demand Scenario in US$
Million by Region/Country: 2018-2025
Table 32: Downhole Tools Market in Europe: A Historic Market
Perspective in US$ Million by Region/Country for the Period
2009-2017
Table 33: European Downhole Tools Market Share Shift by
Region/Country: 2009 VS 2019 VS 2025
Table 34: European Downhole Tools Market Estimates and
Forecasts in US$ Million by Segment: 2018-2025
Table 35: Downhole Tools Market in Europe in US$ Million by
Segment: A Historic Review for the Period 2009-2017
Table 36: European Downhole Tools Market Share Breakdown by
Segment: 2009 VS 2019 VS 2025
FRANCE
Table 37: Downhole Tools Market in France by Segment: Estimates
and Projections in US$ Million for the Period 2018-2025
Table 38: French Downhole Tools Historic Market Scenario in US$
Million by Segment: 2009-2017
Table 39: French Downhole Tools Market Share Analysis by
Segment: 2009 VS 2019 VS 2025
GERMANY
Table 40: Downhole Tools Market in Germany: Recent Past,
Current and Future Analysis in US$ Million by Segment for the
Period 2018-2025
Table 41: German Downhole Tools Historic Market Analysis in US$
Million by Segment: 2009-2017
Table 42: German Downhole Tools Market Share Breakdown by
Segment: 2009 VS 2019 VS 2025
ITALY
Table 43: Italian Downhole Tools Market Growth Prospects in US$
Million by Segment for the Period 2018-2025
Table 44: Downhole Tools Historic Market Analysis in Italy in
US$ Million by Segment: 2009-2017
Table 45: Italian Downhole Tools Market by Segment: Percentage
Breakdown of Sales for 2009, 2019, and 2025
UNITED KINGDOM
Table 46: United Kingdom Market for Downhole Tools: Annual
Sales Estimates and Projections in US$ Million by Segment for
the Period 2018-2025
Table 47: Downhole Tools Market in the United Kingdom: Historic
Sales Analysis in US$ Million by Segment for the Period
2009-2017
Table 48: United Kingdom Downhole Tools Market Share Analysis
by Segment: 2009 VS 2019 VS 2025
SPAIN
Table 49: Spanish Downhole Tools Market Estimates and Forecasts
in US$ Million by Segment: 2018 to 2025
Table 50: Spanish Downhole Tools Historic Market Review by
Segment in US$ Million: 2009-2017
Table 51: Downhole Tools Market in Spain: Percentage Share
Breakdown of Sales by Segment for 2009, 2019, and 2025
RUSSIA
Table 52: Russian Downhole Tools Market Estimates and
Projections in US$ Million by Segment: 2018 to 2025
Table 53: Downhole Tools Market in Russia by Segment:
A Historic Review in US$ Million for 2009-2017
Table 54: Russian Downhole Tools Market Share Breakdown by
Segment: 2009 VS 2019 VS 2025
REST OF EUROPE
Table 55: Rest of Europe Downhole Tools Market Estimates and
Forecasts in US$ Million by Segment: 2018-2025
Table 56: Downhole Tools Market in Rest of Europe in US$
Million by Segment: A Historic Review for the Period 2009-2017
Table 57: Rest of Europe Downhole Tools Market Share Breakdown
by Segment: 2009 VS 2019 VS 2025
ASIA-PACIFIC
Table 58: Asia-Pacific Downhole Tools Market Estimates and
Forecasts in US$ Million by Region/Country: 2018-2025
Table 59: Downhole Tools Market in Asia-Pacific: Historic
Market Analysis in US$ Million by Region/Country for the Period
2009-2017
Table 60: Asia-Pacific Downhole Tools Market Share Analysis by
Region/Country: 2009 VS 2019 VS 2025
Table 61: Downhole Tools Market in Asia-Pacific by Segment:
Estimates and Projections in US$ Million for the Period
2018-2025
Table 62: Asia-Pacific Downhole Tools Historic Market Scenario
in US$ Million by Segment: 2009-2017
Table 63: Asia-Pacific Downhole Tools Market Share Analysis by
Segment: 2009 VS 2019 VS 2025
AUSTRALIA
Table 64: Downhole Tools Market in Australia: Recent Past,
Current and Future Analysis in US$ Million by Segment for the
Period 2018-2025
Table 65: Australian Downhole Tools Historic Market Analysis in
US$ Million by Segment: 2009-2017
Table 66: Australian Downhole Tools Market Share Breakdown by
Segment: 2009 VS 2019 VS 2025
INDIA
Table 67: Indian Downhole Tools Market Estimates and Forecasts
in US$ Million by Segment: 2018 to 2025
Table 68: Indian Downhole Tools Historic Market Review by
Segment in US$ Million: 2009-2017
Table 69: Downhole Tools Market in India: Percentage Share
Breakdown of Sales by Segment for 2009, 2019, and 2025
SOUTH KOREA
Table 70: Downhole Tools Market in South Korea: Recent Past,
Current and Future Analysis in US$ Million by Segment for the
Period 2018-2025
Table 71: South Korean Downhole Tools Historic Market Analysis
in US$ Million by Segment: 2009-2017
Table 72: Downhole Tools Market Share Distribution in South
Korea by Segment: 2009 VS 2019 VS 2025
REST OF ASIA-PACIFIC
Table 73: Rest of Asia-Pacific Market for Downhole Tools:
Annual Sales Estimates and Projections in US$ Million by
Segment for the Period 2018-2025
Table 74: Downhole Tools Market in Rest of Asia-Pacific:
Historic Sales Analysis in US$ Million by Segment for the
Period 2009-2017
Table 75: Rest of Asia-Pacific Downhole Tools Market Share
Analysis by Segment: 2009 VS 2019 VS 2025
LATIN AMERICA
Table 76: Latin American Downhole Tools Market Trends by
Region/Country in US$ Million: 2018-2025
Table 77: Downhole Tools Market in Latin America in US$ Million
by Region/Country: A Historic Perspective for the Period
2009-2017
Table 78: Latin American Downhole Tools Market Percentage
Breakdown of Sales by Region/Country: 2009, 2019, and 2025
Table 79: Latin American Downhole Tools Market Growth Prospects
in US$ Million by Segment for the Period 2018-2025
Table 80: Downhole Tools Historic Market Analysis in Latin
America in US$ Million by Segment: 2009-2017
Table 81: Latin American Downhole Tools Market by Segment:
Percentage Breakdown of Sales for 2009, 2019, and 2025
ARGENTINA
Table 82: Argentinean Downhole Tools Market Estimates and
Forecasts in US$ Million by Segment: 2018-2025
Table 83: Downhole Tools Market in Argentina in US$ Million by
Segment: A Historic Review for the Period 2009-2017
Table 84: Argentinean Downhole Tools Market Share Breakdown by
Segment: 2009 VS 2019 VS 2025
BRAZIL
Table 85: Downhole Tools Market in Brazil by Segment: Estimates
and Projections in US$ Million for the Period 2018-2025
Table 86: Brazilian Downhole Tools Historic Market Scenario in
US$ Million by Segment: 2009-2017
Table 87: Brazilian Downhole Tools Market Share Analysis by
Segment: 2009 VS 2019 VS 2025
MEXICO
Table 88: Downhole Tools Market in Mexico: Recent Past, Current
and Future Analysis in US$ Million by Segment for the Period
2018-2025
Table 89: Mexican Downhole Tools Historic Market Analysis in
US$ Million by Segment: 2009-2017
Table 90: Mexican Downhole Tools Market Share Breakdown by
Segment: 2009 VS 2019 VS 2025
REST OF LATIN AMERICA
Table 91: Rest of Latin America Downhole Tools Market Estimates
and Projections in US$ Million by Segment: 2018 to 2025
Table 92: Downhole Tools Market in Rest of Latin America by
Segment: A Historic Review in US$ Million for 2009-2017
Table 93: Rest of Latin America Downhole Tools Market Share
Breakdown by Segment: 2009 VS 2019 VS 2025
MIDDLE EAST
Table 94: The Middle East Downhole Tools Market Estimates and
Forecasts in US$ Million by Region/Country: 2018-2025
Table 95: Downhole Tools Market in the Middle East by
Region/Country in US$ Million: 2009-2017
Table 96: The Middle East Downhole Tools Market Share Breakdown
by Region/Country: 2009, 2019, and 2025
Table 97: The Middle East Downhole Tools Market Estimates and
Forecasts in US$ Million by Segment: 2018 to 2025
Table 98: The Middle East Downhole Tools Historic Market by
Segment in US$ Million: 2009-2017
Table 99: Downhole Tools Market in the Middle East: Percentage
Share Breakdown of Sales by Segment for 2009, 2019, and 2025
IRAN
Table 100: Iranian Market for Downhole Tools: Annual Sales
Estimates and Projections in US$ Million by Segment for the
Period 2018-2025
Table 101: Downhole Tools Market in Iran: Historic Sales
Analysis in US$ Million by Segment for the Period 2009-2017
Table 102: Iranian Downhole Tools Market Share Analysis by
Segment: 2009 VS 2019 VS 2025
ISRAEL
Table 103: Israeli Downhole Tools Market Estimates and
Forecasts in US$ Million by Segment: 2018-2025
Table 104: Downhole Tools Market in Israel in US$ Million by
Segment: A Historic Review for the Period 2009-2017
Table 105: Israeli Downhole Tools Market Share Breakdown by
Segment: 2009 VS 2019 VS 2025
SAUDI ARABIA
Table 106: Saudi Arabian Downhole Tools Market Growth Prospects
in US$ Million by Segment for the Period 2018-2025
Table 107: Downhole Tools Historic Market Analysis in Saudi
Arabia in US$ Million by Segment: 2009-2017
Table 108: Saudi Arabian Downhole Tools Market by Segment:
Percentage Breakdown of Sales for 2009, 2019, and 2025
UNITED ARAB EMIRATES
Table 109: Downhole Tools Market in the United Arab Emirates:
Recent Past, Current and Future Analysis in US$ Million by
Segment for the Period 2018-2025
Table 110: United Arab Emirates Downhole Tools Historic Market
Analysis in US$ Million by Segment: 2009-2017
Table 111: Downhole Tools Market Share Distribution in United
Arab Emirates by Segment: 2009 VS 2019 VS 2025
REST OF MIDDLE EAST
Table 112: Downhole Tools Market in Rest of Middle East: Recent
Past, Current and Future Analysis in US$ Million by Segment for
the Period 2018-2025
Table 113: Rest of Middle East Downhole Tools Historic Market
Analysis in US$ Million by Segment: 2009-2017
Table 114: Rest of Middle East Downhole Tools Market Share
Breakdown by Segment: 2009 VS 2019 VS 2025
AFRICA
Table 115: African Downhole Tools Market Estimates and
Projections in US$ Million by Segment: 2018 to 2025
Table 116: Downhole Tools Market in Africa by Segment:
A Historic Review in US$ Million for 2009-2017
Table 117: African Downhole Tools Market Share Breakdown by
Segment: 2009 VS 2019 VS 2025
IV. COMPETITION
ANTON OILFIELD SERVICES LTD.
BAKER HUGHES
BILCO TOOLS, INC.
EXCALIBRE DOWNHOLE TOOLS
HALLIBURTON
MOOG
NATIONAL OILWELL VARCO
OIL STATES INTERNATIONAL
SCHLUMBERGER
SCHOELLER-BLECKMANN OILFIELD EQUIPMENT AG
UNITED DRILLING TOOLS LTD.
WEATHERFORD INTERNATIONAL
WENZEL DOWNHOLE TOOLS LTD.
V. CURATED RESEARCH
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