Downhole Tools Market - Global Outlook and Forecast 2022-2028

January 2022 | 72 pages | ID: D7D530D80F82EN
Market Monitor Global

Abstracts

Downhole tools are part of oilfield equipment used in drilling, completion, and intervention or workover activities that help optimize well production levels and maintain continuous flow from the reservoir.

This report contains market size and forecasts of Downhole Tools in Global, including the following market information:

Global Downhole Tools Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Downhole Tools market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Packer Class Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Downhole Tools include Baker Hughes, Halliburton, Schlumberger, National Oilwell Varco Inc., Weatherford International Ltd., SJS Ltd., ANTHON, SHANDONG MOLONG PETROLEUM MECHINERY CO..LTD and Dril-Quip (TIW). etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Downhole Tools companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Downhole Tools Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Downhole Tools Market Segment Percentages, by Type, 2021 (%)

• Packer Class
• Control Tool Class
• Workover Tools
• Other

Global Downhole Tools Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Downhole Tools Market Segment Percentages, by Application, 2021 (%)

• Onshore Oil Wells
• Offshore Oil Wells

Global Downhole Tools Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Downhole Tools Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Downhole Tools revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Downhole Tools revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Baker Hughes
• Halliburton
• Schlumberger
• National Oilwell Varco Inc.
• Weatherford International Ltd.
• SJS Ltd.
• ANTHON
• SHANDONG MOLONG PETROLEUM MECHINERY CO..LTD
• Dril-Quip (TIW)

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Downhole Tools Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Downhole Tools Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL DOWNHOLE TOOLS OVERALL MARKET SIZE

2.1 Global Downhole Tools Market Size: 2021 VS 2028
2.2 Global Downhole Tools Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top Downhole Tools Players in Global Market
3.2 Top Global Downhole Tools Companies Ranked by Revenue
3.3 Global Downhole Tools Revenue by Companies
3.4 Top 3 and Top 5 Downhole Tools Companies in Global Market, by Revenue in 2021
3.5 Global Companies Downhole Tools Product Type
3.6 Tier 1, Tier 2 and Tier 3 Downhole Tools Players in Global Market
  3.6.1 List of Global Tier 1 Downhole Tools Companies
  3.6.2 List of Global Tier 2 and Tier 3 Downhole Tools Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global Downhole Tools Market Size Markets, 2021 & 2028
  4.1.2 Packer Class
  4.1.3 Control Tool Class
  4.1.4 Workover Tools
  4.1.5 Other
4.2 By Type - Global Downhole Tools Revenue & Forecasts
  4.2.1 By Type - Global Downhole Tools Revenue, 2017-2022
  4.2.2 By Type - Global Downhole Tools Revenue, 2023-2028
  4.2.3 By Type - Global Downhole Tools Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Downhole Tools Market Size, 2021 & 2028
  5.1.2 Onshore Oil Wells
  5.1.3 Offshore Oil Wells
5.2 By Application - Global Downhole Tools Revenue & Forecasts
  5.2.1 By Application - Global Downhole Tools Revenue, 2017-2022
  5.2.2 By Application - Global Downhole Tools Revenue, 2023-2028
  5.2.3 By Application - Global Downhole Tools Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Downhole Tools Market Size, 2021 & 2028
6.2 By Region - Global Downhole Tools Revenue & Forecasts
  6.2.1 By Region - Global Downhole Tools Revenue, 2017-2022
  6.2.2 By Region - Global Downhole Tools Revenue, 2023-2028
  6.2.3 By Region - Global Downhole Tools Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America Downhole Tools Revenue, 2017-2028
  6.3.2 US Downhole Tools Market Size, 2017-2028
  6.3.3 Canada Downhole Tools Market Size, 2017-2028
  6.3.4 Mexico Downhole Tools Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe Downhole Tools Revenue, 2017-2028
  6.4.2 Germany Downhole Tools Market Size, 2017-2028
  6.4.3 France Downhole Tools Market Size, 2017-2028
  6.4.4 U.K. Downhole Tools Market Size, 2017-2028
  6.4.5 Italy Downhole Tools Market Size, 2017-2028
  6.4.6 Russia Downhole Tools Market Size, 2017-2028
  6.4.7 Nordic Countries Downhole Tools Market Size, 2017-2028
  6.4.8 Benelux Downhole Tools Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia Downhole Tools Revenue, 2017-2028
  6.5.2 China Downhole Tools Market Size, 2017-2028
  6.5.3 Japan Downhole Tools Market Size, 2017-2028
  6.5.4 South Korea Downhole Tools Market Size, 2017-2028
  6.5.5 Southeast Asia Downhole Tools Market Size, 2017-2028
  6.5.6 India Downhole Tools Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America Downhole Tools Revenue, 2017-2028
  6.6.2 Brazil Downhole Tools Market Size, 2017-2028
  6.6.3 Argentina Downhole Tools Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa Downhole Tools Revenue, 2017-2028
  6.7.2 Turkey Downhole Tools Market Size, 2017-2028
  6.7.3 Israel Downhole Tools Market Size, 2017-2028
  6.7.4 Saudi Arabia Downhole Tools Market Size, 2017-2028
  6.7.5 UAE Downhole Tools Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 Baker Hughes
  7.1.1 Baker Hughes Corporate Summary
  7.1.2 Baker Hughes Business Overview
  7.1.3 Baker Hughes Downhole Tools Major Product Offerings
  7.1.4 Baker Hughes Downhole Tools Revenue in Global Market (2017-2022)
  7.1.5 Baker Hughes Key News
7.2 Halliburton
  7.2.1 Halliburton Corporate Summary
  7.2.2 Halliburton Business Overview
  7.2.3 Halliburton Downhole Tools Major Product Offerings
  7.2.4 Halliburton Downhole Tools Revenue in Global Market (2017-2022)
  7.2.5 Halliburton Key News
7.3 Schlumberger
  7.3.1 Schlumberger Corporate Summary
  7.3.2 Schlumberger Business Overview
  7.3.3 Schlumberger Downhole Tools Major Product Offerings
  7.3.4 Schlumberger Downhole Tools Revenue in Global Market (2017-2022)
  7.3.5 Schlumberger Key News
7.4 National Oilwell Varco Inc.
  7.4.1 National Oilwell Varco Inc. Corporate Summary
  7.4.2 National Oilwell Varco Inc. Business Overview
  7.4.3 National Oilwell Varco Inc. Downhole Tools Major Product Offerings
  7.4.4 National Oilwell Varco Inc. Downhole Tools Revenue in Global Market (2017-2022)
  7.4.5 National Oilwell Varco Inc. Key News
7.5 Weatherford International Ltd.
  7.5.1 Weatherford International Ltd. Corporate Summary
  7.5.2 Weatherford International Ltd. Business Overview
  7.5.3 Weatherford International Ltd. Downhole Tools Major Product Offerings
  7.5.4 Weatherford International Ltd. Downhole Tools Revenue in Global Market (2017-2022)
  7.5.5 Weatherford International Ltd. Key News
7.6 SJS Ltd.
  7.6.1 SJS Ltd. Corporate Summary
  7.6.2 SJS Ltd. Business Overview
  7.6.3 SJS Ltd. Downhole Tools Major Product Offerings
  7.6.4 SJS Ltd. Downhole Tools Revenue in Global Market (2017-2022)
  7.6.5 SJS Ltd. Key News
7.7 ANTHON
  7.7.1 ANTHON Corporate Summary
  7.7.2 ANTHON Business Overview
  7.7.3 ANTHON Downhole Tools Major Product Offerings
  7.7.4 ANTHON Downhole Tools Revenue in Global Market (2017-2022)
  7.7.5 ANTHON Key News
7.8 SHANDONG MOLONG PETROLEUM MECHINERY CO..LTD
  7.8.1 SHANDONG MOLONG PETROLEUM MECHINERY CO..LTD Corporate Summary
  7.8.2 SHANDONG MOLONG PETROLEUM MECHINERY CO..LTD Business Overview
  7.8.3 SHANDONG MOLONG PETROLEUM MECHINERY CO..LTD Downhole Tools Major Product Offerings
  7.8.4 SHANDONG MOLONG PETROLEUM MECHINERY CO..LTD Downhole Tools Revenue in Global Market (2017-2022)
  7.8.5 SHANDONG MOLONG PETROLEUM MECHINERY CO..LTD Key News
7.9 Dril-Quip (TIW)
  7.9.1 Dril-Quip (TIW) Corporate Summary
  7.9.2 Dril-Quip (TIW) Business Overview
  7.9.3 Dril-Quip (TIW) Downhole Tools Major Product Offerings
  7.9.4 Dril-Quip (TIW) Downhole Tools Revenue in Global Market (2017-2022)
  7.9.5 Dril-Quip (TIW) Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. Downhole Tools Market Opportunities & Trends in Global Market
Table 2. Downhole Tools Market Drivers in Global Market
Table 3. Downhole Tools Market Restraints in Global Market
Table 4. Key Players of Downhole Tools in Global Market
Table 5. Top Downhole Tools Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Downhole Tools Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Downhole Tools Revenue Share by Companies, 2017-2022
Table 8. Global Companies Downhole Tools Product Type
Table 9. List of Global Tier 1 Downhole Tools Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Downhole Tools Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Downhole Tools Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Downhole Tools Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Downhole Tools Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Downhole Tools Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Downhole Tools Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Downhole Tools Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Downhole Tools Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Downhole Tools Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Downhole Tools Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Downhole Tools Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Downhole Tools Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Downhole Tools Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Downhole Tools Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Downhole Tools Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Downhole Tools Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Downhole Tools Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Downhole Tools Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Downhole Tools Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Downhole Tools Revenue, (US$, Mn), 2023-2028
Table 30. Baker Hughes Corporate Summary
Table 31. Baker Hughes Downhole Tools Product Offerings
Table 32. Baker Hughes Downhole Tools Revenue (US$, Mn), (2017-2022)
Table 33. Halliburton Corporate Summary
Table 34. Halliburton Downhole Tools Product Offerings
Table 35. Halliburton Downhole Tools Revenue (US$, Mn), (2017-2022)
Table 36. Schlumberger Corporate Summary
Table 37. Schlumberger Downhole Tools Product Offerings
Table 38. Schlumberger Downhole Tools Revenue (US$, Mn), (2017-2022)
Table 39. National Oilwell Varco Inc. Corporate Summary
Table 40. National Oilwell Varco Inc. Downhole Tools Product Offerings
Table 41. National Oilwell Varco Inc. Downhole Tools Revenue (US$, Mn), (2017-2022)
Table 42. Weatherford International Ltd. Corporate Summary
Table 43. Weatherford International Ltd. Downhole Tools Product Offerings
Table 44. Weatherford International Ltd. Downhole Tools Revenue (US$, Mn), (2017-2022)
Table 45. SJS Ltd. Corporate Summary
Table 46. SJS Ltd. Downhole Tools Product Offerings
Table 47. SJS Ltd. Downhole Tools Revenue (US$, Mn), (2017-2022)
Table 48. ANTHON Corporate Summary
Table 49. ANTHON Downhole Tools Product Offerings
Table 50. ANTHON Downhole Tools Revenue (US$, Mn), (2017-2022)
Table 51. SHANDONG MOLONG PETROLEUM MECHINERY CO..LTD Corporate Summary
Table 52. SHANDONG MOLONG PETROLEUM MECHINERY CO..LTD Downhole Tools Product Offerings
Table 53. SHANDONG MOLONG PETROLEUM MECHINERY CO..LTD Downhole Tools Revenue (US$, Mn), (2017-2022)
Table 54. Dril-Quip (TIW) Corporate Summary
Table 55. Dril-Quip (TIW) Downhole Tools Product Offerings
Table 56. Dril-Quip (TIW) Downhole Tools Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. Downhole Tools Segment by Type in 2021
Figure 2. Downhole Tools Segment by Application in 2021
Figure 3. Global Downhole Tools Market Overview: 2020
Figure 4. Key Caveats
Figure 5. Global Downhole Tools Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Downhole Tools Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Downhole Tools Revenue in 2021
Figure 8. By Type - Global Downhole Tools Revenue Market Share, 2017-2028
Figure 9. By Application - Global Downhole Tools Revenue Market Share, 2017-2028
Figure 10. By Region - Global Downhole Tools Revenue Market Share, 2017-2028
Figure 11. By Country - North America Downhole Tools Revenue Market Share, 2017-2028
Figure 12. US Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Downhole Tools Revenue Market Share, 2017-2028
Figure 16. Germany Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 17. France Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Downhole Tools Revenue Market Share, 2017-2028
Figure 24. China Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 28. India Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Downhole Tools Revenue Market Share, 2017-2028
Figure 30. Brazil Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Downhole Tools Revenue Market Share, 2017-2028
Figure 33. Turkey Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Downhole Tools Revenue, (US$, Mn), 2017-2028
Figure 37. Baker Hughes Downhole Tools Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Halliburton Downhole Tools Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Schlumberger Downhole Tools Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. National Oilwell Varco Inc. Downhole Tools Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Weatherford International Ltd. Downhole Tools Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. SJS Ltd. Downhole Tools Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. ANTHON Downhole Tools Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. SHANDONG MOLONG PETROLEUM MECHINERY CO..LTD Downhole Tools Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Dril-Quip (TIW) Downhole Tools Revenue Year Over Year Growth (US$, Mn) & (2017-2022)