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Hole Opener For Oil & Gas Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 Segmented By Type (Fixed Diameter, Under-Reamers), By Well Type (Horizontal, Vertical), By Product Type (Fabricated, Integral, Small Rig Hole Openers (SRHO)), By Location (Offshore, Onshore), By Region

December 2022 | 112 pages | ID: H5FE115BF1B1EN
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Global hole opener for oil & gas market is projected to register CAGR growth in the forecast years, 2023-2027 on the account of growth factors like increasing demand for oil & gas. Surging demand for better equipment and more efficient methods for oil excavation further drives the future growth of the global hole opener for oil & gas market in the upcoming five years. Oil and gas industry is ever growing and satisfying the growing needs for the non-renewable resource substantiates the market growth along with the concerns toward exhausting resource reservoirs.

Hole opener is a drilling rig equipment utilized during oil drilling to enlarge the borehole. The equipment is either placed above the drill bit itself or above the pilot run inside the existing borehole. Majorly, the purpose of using the hole opener is to create more space for other drilling equipment to be inserted in the rig or for more efficient excavation of the oil & slurry from the particular rig. In other terms, the use of hole opener is done for hydrocarbon drilling operations, hydraulic drilling, and horizontal drilling. The hole opener is available in various designs depending on the kind of rigs they are utilized in. Sizes of the hole opener varies from couple inches to 50 inches.

Demand For Oil Drives Market Growth

Rapidly increasing demand for the oil and gas in various industries including automotive industry and consumer demand for their energy utilization drives the growth of the global hole opener for oil & gas market in the upcoming five years. Also, increased production of oil to compensate the increasing demand is also supporting the growth of the global hole opener for oil & gas market in the next five years. According to the BP Statistical Review of World Energy, 2021 total oil production on a global level in the year 2020 was recorded to be 4165.1 million tonnes, out of which the United States accounted for 712.7 million tonnes of oil in 2020.

Same report also mentions that with large quantities of oil production, global oil consumption recorded in the year 2020 was 88,477 thousand barrels per day. These data confirm the demand for the efficient drilling equipment. Also, sophisticated drilling equipment usage for the oil production can not be replaced or compensated by any alternatives, thus demand for such highly specific nature equipment further substantiates the growth of the global hole opener for oil & gas market in the future five years.

Market Segmentation

The global hole opener for oil & gas market segmentation is based on type, well type, product type, location, regional distribution, and competitive landscape. Based on type, the market is divided between fixed diameter and under-reamers. Based on well type, the market is further differentiated between horizontal and vertical. Product type segment of the market is also fragmented into fabricated, integral, and small rig hole openers (SRHO). Based on location the market is again bifurcated into offshore and onshore location. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific region, North American region, European region, South American region, and Middle East & African region.

Company Profile

Superior Energy Services, Transco Manufacturing Australia Private Limited, Schlumberger Limited, Hole Opener Corporation, Drill King International, Tasman Oil Tools, Halliburton Company, Baker Hughes, are enlisted in a partial list of major market players of the global hole opener for oil & gas market.

Report Scope:

In this report, global hole opener for oil & gas market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
  • Hole Opener For Oil & Gas Market, By Type:
    • Fixed Diameter
    • Under-Reamers
  • Hole Opener For Oil & Gas Market, By Well Type:
    • Horizontal
    • Vertical
  • Hole Opener For Oil & Gas Market, By Product Type:
    • Fabricated
    • Integral
    • Small Rig Hole Openers (SRHO)
  • Hole Opener For Oil & Gas Market, By Location:
    • Offshore
    • Onshore
  • Hole Opener For Oil & Gas Market, By Region:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
      • Poland
      • Denmark
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Iraq
      • Turkey
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Peru
      • Chile
Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global hole opener for oil & gas market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
1. PRODUCT OVERVIEW

2. RESEARCH METHODOLOGY

3. IMPACT OF COVID-19 ON GLOBAL HOLE OPENER FOR OIL & GAS MARKET

4. EXECUTIVE SUMMARY

5. VOICE OF CUSTOMER

5.1. Brand Awareness
5.2. Factors Considered while Selecting a Supplier
5.3. Key Satisfaction Level
5.4. Major Challenges Faced

6. OVERVIEW ON HOLE OPENER FOR OIL & GAS RENTAL MARKET

7. GLOBAL HOLE OPENER FOR OIL & GAS MARKET OUTLOOK

7.1. Market Size & Forecast
  7.1.1. By Value & Volume
7.2. Market Share & Forecast
  7.2.1. By Type (Fixed Diameter, Under-Reamers)
  7.2.2. By Well Type (Horizontal, Vertical)
  7.2.3. By Product Type (Fabricated, Integral, Small Rig Hole Openers (SRHO))
  7.2.4. By Location (Offshore, Onshore)
  7.2.5. By Region
  7.2.6. By Company
7.3. Product Market Map

8. NORTH AMERICA HOLE OPENER FOR OIL & GAS MARKET OUTLOOK

8.1. Market Size & Forecast
  8.1.1. By Value & Volume
8.2. Market Share & Forecast
  8.2.1. By Type
  8.2.2. By Well Type
  8.2.3. By Product Type
  8.2.4. By Location
  8.2.5. By Country
8.3. North America: Country Analysis
  8.3.1. United States Hole Opener for Oil & Gas Market Outlook
    8.3.1.1. Market Size & Forecast
      8.3.1.1.1. By Value
    8.3.1.2. Market Share & Forecast
      8.3.1.2.1. By Type
      8.3.1.2.2. By Well Type
      8.3.1.2.3. By Product Type
      8.3.1.2.4. By Location
  8.3.2. Canada Hole Opener for Oil & Gas Market Outlook
    8.3.2.1. Market Size & Forecast
      8.3.2.1.1. By Value
    8.3.2.2. Market Share & Forecast
      8.3.2.2.1. By Type
      8.3.2.2.2. By Well Type
      8.3.2.2.3. By Product Type
      8.3.2.2.4. By Location
  8.3.3. Mexico Hole Opener for Oil & Gas Market Outlook
    8.3.3.1. Market Size & Forecast
      8.3.3.1.1. By Value
    8.3.3.2. Market Share & Forecast
      8.3.3.2.1. By Type
      8.3.3.2.2. By Well Type
      8.3.3.2.3. By Product Type
      8.3.3.2.4. By Location

9. ASIA-PACIFIC HOLE OPENER FOR OIL & GAS MARKET OUTLOOK

9.1. Market Size & Forecast
  9.1.1. By Value & Volume
9.2. Market Share & Forecast
  9.2.1. By Type
  9.2.2. By Well Type
  9.2.3. By Product Type
  9.2.4. By Location
  9.2.5. By Country
9.3. Asia-Pacific: Country Analysis
  9.3.1. China Hole Opener for Oil & Gas Market Outlook
    9.3.1.1. Market Size & Forecast
      9.3.1.1.1. By Value
    9.3.1.2. Market Share & Forecast
      9.3.1.2.1. By Type
      9.3.1.2.2. By Well Type
      9.3.1.2.3. By Product Type
      9.3.1.2.4. By Location
  9.3.2. India Hole Opener for Oil & Gas Market Outlook
    9.3.2.1. Market Size & Forecast
      9.3.2.1.1. By Value
    9.3.2.2. Market Share & Forecast
      9.3.2.2.1. By Type
      9.3.2.2.2. By Well Type
      9.3.2.2.3. By Product Type
      9.3.2.2.4. By Location
  9.3.3. Japan Hole Opener for Oil & Gas Market Outlook
    9.3.3.1. Market Size & Forecast
      9.3.3.1.1. By Value
    9.3.3.2. Market Share & Forecast
      9.3.3.2.1. By Type
      9.3.3.2.2. By Well Type
      9.3.3.2.3. By Product Type
      9.3.3.2.4. By Location
  9.3.4. South Korea Hole Opener for Oil & Gas Market Outlook
    9.3.4.1. Market Size & Forecast
      9.3.4.1.1. By Value
    9.3.4.2. Market Share & Forecast
      9.3.4.2.1. By Type
      9.3.4.2.2. By Well Type
      9.3.4.2.3. By Product Type
      9.3.4.2.4. By Location
  9.3.5. Australia Hole Opener for Oil & Gas Market Outlook
    9.3.5.1. Market Size & Forecast
      9.3.5.1.1. By Value
    9.3.5.2. Market Share & Forecast
      9.3.5.2.1. By Type
      9.3.5.2.2. By Well Type
      9.3.5.2.3. By Product Type
      9.3.5.2.4. By Location
  9.3.6. Singapore Hole Opener for Oil & Gas Market Outlook
    9.3.6.1. Market Size & Forecast
      9.3.6.1.1. By Value
    9.3.6.2. Market Share & Forecast
      9.3.6.2.1. By Type
      9.3.6.2.2. By Well Type
      9.3.6.2.3. By Product Type
      9.3.6.2.4. By Location
  9.3.7. Malaysia Hole Opener for Oil & Gas Market Outlook
    9.3.7.1. Market Size & Forecast
      9.3.7.1.1. By Value
    9.3.7.2. Market Share & Forecast
      9.3.7.2.1. By Type
      9.3.7.2.2. By Well Type
      9.3.7.2.3. By Product Type
      9.3.7.2.4. By Location

10. EUROPE HOLE OPENER FOR OIL & GAS MARKET OUTLOOK

10.1. Market Size & Forecast
  10.1.1. By Value & Volume
10.2. Market Share & Forecast
  10.2.1. By Type
  10.2.2. By Well Type
  10.2.3. By Product Type
  10.2.4. By Location
  10.2.5. By Country
10.3. Europe: Country Analysis
  10.3.1. Germany Hole Opener for Oil & Gas Market Outlook
    10.3.1.1. Market Size & Forecast
      10.3.1.1.1. By Value
    10.3.1.2. Market Share & Forecast
      10.3.1.2.1. By Type
      10.3.1.2.2. By Well Type
      10.3.1.2.3. By Product Type
      10.3.1.2.4. By Location
  10.3.2. United Kingdom Hole Opener for Oil & Gas Market Outlook
    10.3.2.1. Market Size & Forecast
      10.3.2.1.1. By Value
    10.3.2.2. Market Share & Forecast
      10.3.2.2.1. By Type
      10.3.2.2.2. By Well Type
      10.3.2.2.3. By Product Type
      10.3.2.2.4. By Location
  10.3.3. France Hole Opener for Oil & Gas Market Outlook
    10.3.3.1. Market Size & Forecast
      10.3.3.1.1. By Value
    10.3.3.2. Market Share & Forecast
      10.3.3.2.1. By Type
      10.3.3.2.2. By Well Type
      10.3.3.2.3. By Product Type
      10.3.3.2.4. By Location
  10.3.4. Italy Hole Opener for Oil & Gas Market Outlook
    10.3.4.1. Market Size & Forecast
      10.3.4.1.1. By Value
    10.3.4.2. Market Share & Forecast
      10.3.4.2.1. By Type
      10.3.4.2.2. By Well Type
      10.3.4.2.3. By Product Type
      10.3.4.2.4. By Location
  10.3.5. Spain Hole Opener for Oil & Gas Market Outlook
    10.3.5.1. Market Size & Forecast
      10.3.5.1.1. By Value
    10.3.5.2. Market Share & Forecast
      10.3.5.2.1. By Type
      10.3.5.2.2. By Well Type
      10.3.5.2.3. By Product Type
      10.3.5.2.4. By Location
  10.3.6. Poland Hole Opener for Oil & Gas Market Outlook
    10.3.6.1. Market Size & Forecast
      10.3.6.1.1. By Value
    10.3.6.2. Market Share & Forecast
      10.3.6.2.1. By Type
      10.3.6.2.2. By Well Type
      10.3.6.2.3. By Product Type
      10.3.6.2.4. By Location
  10.3.7. Denmark Hole Opener for Oil & Gas Market Outlook
    10.3.7.1. Market Size & Forecast
      10.3.7.1.1. By Value
    10.3.7.2. Market Share & Forecast
      10.3.7.2.1. By Type
      10.3.7.2.2. By Well Type
      10.3.7.2.3. By Product Type
      10.3.7.2.4. By Location

11. SOUTH AMERICA HOLE OPENER FOR OIL & GAS MARKET OUTLOOK

11.1. Market Size & Forecast
  11.1.1. By Value & Volume
11.2. Market Share & Forecast
  11.2.1. By Type
  11.2.2. By Well Type
  11.2.3. By Product Type
  11.2.4. By Location
  11.2.5. By Country
11.3. South America: Country Analysis
  11.3.1. Brazil Hole Opener for Oil & Gas Market Outlook
    11.3.1.1. Market Size & Forecast
      11.3.1.1.1. By Value
    11.3.1.2. Market Share & Forecast
      11.3.1.2.1. By Type
      11.3.1.2.2. By Well Type
      11.3.1.2.3. By Product Type
      11.3.1.2.4. By Location
  11.3.2. Argentina Hole Opener for Oil & Gas Market Outlook
    11.3.2.1. Market Size & Forecast
      11.3.2.1.1. By Value
    11.3.2.2. Market Share & Forecast
      11.3.2.2.1. By Type
      11.3.2.2.2. By Well Type
      11.3.2.2.3. By Product Type
      11.3.2.2.4. By Location
  11.3.3. Colombia Hole Opener for Oil & Gas Market Outlook
    11.3.3.1. Market Size & Forecast
      11.3.3.1.1. By Value
    11.3.3.2. Market Share & Forecast
      11.3.3.2.1. By Type
      11.3.3.2.2. By Well Type
      11.3.3.2.3. By Product Type
      11.3.3.2.4. By Location
  11.3.4. Peru Hole Opener for Oil & Gas Market Outlook
    11.3.4.1. Market Size & Forecast
      11.3.4.1.1. By Value
    11.3.4.2. Market Share & Forecast
      11.3.4.2.1. By Type
      11.3.4.2.2. By Well Type
      11.3.4.2.3. By Product Type
      11.3.4.2.4. By Location
  11.3.5. Chile Hole Opener for Oil & Gas Market Outlook
    11.3.5.1. Market Size & Forecast
      11.3.5.1.1. By Value
    11.3.5.2. Market Share & Forecast
      11.3.5.2.1. By Type
      11.3.5.2.2. By Well Type
      11.3.5.2.3. By Product Type
      11.3.5.2.4. By Location

12. MIDDLE EAST & AFRICA HOLE OPENER FOR OIL & GAS MARKET OUTLOOK

12.1. Market Size & Forecast
  12.1.1. By Value & Volume
12.2. Market Share & Forecast
  12.2.1. By Type
  12.2.2. By Well Type
  12.2.3. By Product Type
  12.2.4. By Location
  12.2.5. By Country
12.3. Middle East & Africa: Country Analysis
  12.3.1. Saudi Arabia Hole Opener for Oil & Gas Market Outlook
    12.3.1.1. Market Size & Forecast
      12.3.1.1.1. By Value
    12.3.1.2. Market Share & Forecast
      12.3.1.2.1. By Type
      12.3.1.2.2. By Well Type
      12.3.1.2.3. By Product Type
      12.3.1.2.4. By Location
  12.3.2. South Africa Hole Opener for Oil & Gas Market Outlook
    12.3.2.1. Market Size & Forecast
      12.3.2.1.1. By Value
    12.3.2.2. Market Share & Forecast
      12.3.2.2.1. By Type
      12.3.2.2.2. By Well Type
      12.3.2.2.3. By Product Type
      12.3.2.2.4. By Location
  12.3.3. UAE Hole Opener for Oil & Gas Market Outlook
    12.3.3.1. Market Size & Forecast
      12.3.3.1.1. By Value
    12.3.3.2. Market Share & Forecast
      12.3.3.2.1. By Type
      12.3.3.2.2. By Well Type
      12.3.3.2.3. By Product Type
      12.3.3.2.4. By Location
  12.3.4. Iraq Hole Opener for Oil & Gas Market Outlook
    12.3.4.1. Market Size & Forecast
      12.3.4.1.1. By Value
    12.3.4.2. Market Share & Forecast
      12.3.4.2.1. By Type
      12.3.4.2.2. By Well Type
      12.3.4.2.3. By Product Type
      12.3.4.2.4. By Location
  12.3.5. Turkey Hole Opener for Oil & Gas Market Outlook
    12.3.5.1. Market Size & Forecast
      12.3.5.1.1. By Value
    12.3.5.2. Market Share & Forecast
      12.3.5.2.1. By Type
      12.3.5.2.2. By Well Type
      12.3.5.2.3. By Product Type
      12.3.5.2.4. By Location

13. MARKET DYNAMICS

13.1. Drivers
13.2. Challenges

14. MARKET TRENDS & DEVELOPMENTS

15. COMPANY PROFILES

15.1. Superior Energy Services
15.2. Transco Manufacturing Australia Private Limited
15.3. Schlumberger Limited
15.4. Hole Opener Corporation
15.5. Drill King International
15.6. Tasman Oil Tools
15.7. Halliburton Company
15.8. Baker Hughes

16. STRATEGIC RECOMMENDATIONS

17. ABOUT US & DISCLAIMER


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