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

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

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Companies Dominating the Downhole Equipment Landscape

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.

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Downhole Equipment Market Size & Share | Growth Analysis 2035

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.

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.

Companies Dominating the Downhole Equipment Landscape

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In the News

Frequently Asked Questions (FAQ)

What are the major factors driving the growth of the downhole equipment market?

What would be the CAGR of the downhole equipment market over the forecast period?

Who are the major players dominating the downhole equipment market?

Which segment captures the largest market size in the well application segment in the downhole equipment market?

Which region will provide more business opportunities for the growth of the downhole equipment market in the future?