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Downhole Equipment Market - Top Companies and Manufacturers

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Report ID: 3827
Published Date: Jun 28, 2024
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.

Browse Key Market Insights with Data Illustration:

Downhole Equipment Market Size & Share | Growth Analysis 2036

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: Dhruv Bhatia

Report ID: 3827
Published Date: Jun 28, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of downhole equipment is estimated at USD 6 Billion.

The downhole equipment market size was valued at USD 5.5 Billion in 2023 and is likely to reach USD 18.99 Billion by 2036, expanding at around 10% CAGR during the forecast period i.e., between 2024-2036. 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 market.

North America industry is poised to be the largest with a share of about 32% by 2036, backed by increasing investment in oilfields in the U.S. and Canada.

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.

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