Downhole Equipment Market Size & Share, by Equipment Type (Flow & Pressure Control, Drilling, Impurity Control, Downhole Control); Well Application (Drilling, Completion, Intervention, Formation & Evaluation); End-user (Government, Private) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 3827
  • Published Date: Jun 27, 2023
  • Report Format: PDF, PPT

Companies Dominating the Downhole Equipment Landscape

top-features-companies
    • Schlumberger Limited
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Schoeller-Bleckmann Oilfield Equipment AG
    • Baker Hughes Company
    • Halliburton Company
    • Logan Oil Tools Inc.
    • NOV Inc.
    • American Block Manufacturing Co.
    • WV Jet Drilling, LLC
    • Scientific Drilling International
    • FMC Technologies, Inc.

Browse Key Market Insights with Data Illustration:

In-the-news

In The News

  • Schlumberger Limited and AVEVA announced an agreement to jointly develop advanced digital solutions for oil & gas production operations.
  • NOV Inc. announced its joint venture with Schlumberger to accelerate the adoption of automated drilling solutions in the oil and gas industry.

Author Credits:  Payel Roy, Dhruv Bhatia


  • Report ID: 3827
  • Published Date: Jun 27, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing oil production and the expanding onshore and offshore exploration owing to increasing demand for hydrocarbons and shale gas are the major factors driving the growth of the downhole equipment market.

The market size of downhole equipment is anticipated to attain a CAGR of 10% over the forecast period, i.e., 2023-2035.

The major players in the market are Schlumberger Limited, Schoeller-Bleckmann Oilfield Equipment AG, Baker Hughes Company, Halliburton Company, Logan Oil Tools Inc., NOV Inc., American Block Manufacturing Co., WV Jet Drilling, LLC, Scientific Drilling International, FMC Technologies, Inc.

The drilling segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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