Global Downhole Drilling Tools Market Grow at a CAGR of 4.40% during 2017-2021

Market Research Hub (MRH) has recently announced the addition of a fresh report, titled “Global Downhole Drilling Tools Market 2017-2021” to its report offerings. The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Drilling involves boring a hole in the earth's surface for the extraction of petroleum and gas. Downhole drilling tools facilitate the drilling process and enable drillers to counter the challenges associated with drilling such as extreme depth, high-temperature, and pressure difference. These tools guide or steer wells through a small reservoir by changing the trajectory of the well. The process of extracting these valuable resources includes drilling through the surface till the depths where the resources occur are reached.
Technavios analysts forecast the global downhole drilling tools market to grow at a CAGR of 4.40% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global downhole drilling tools market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Downhole Drilling Tools Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Baker Hughes
Halliburton
National Oilwell Varco
Schlumberger
Weatherford
Other prominent vendors
American Oilfield Tools
Bilco Tools
Challenger Downhole Tools
Downhole Oil Tools
Logan International
Magnum Oil Tools
Oil Tools International Services
Schoeller-Bleckmann Oilfield Equipment
Tasman
Wenzel Downhole Tools
Western Drilling Tools
Carlisle Interconnect Technologies
Cougar Drilling Solutions
Stabiltec Downhole Tools
Olympus Corporation
Gearcon Drilling Tools

Market driver
Rising global oil and gas demand.
For a full, detailed list, view our report

Market challenge
Decline in investments in upstream sector.
For a full, detailed list, view our report
Market trend
Supercritical carbon dioxide as a fracking fluid in shale gas fracking.
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

Table of Contents:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by product type
Global downhole drilling tools market by product type
Global downhole drilling tools market by tubulars
Global downhole drilling tools market by deflection tools and downhole motors
Global downhole drilling tools market by casing and cementing tools
Global downhole drilling tools market by drill bits
Global downhole drilling tools market by impact tools and coiled tubing tools
Global downhole drilling tools market by miscellaneous downhole tools
Global downhole drilling tools market by others
PART 07: Market segmentation by application
Global downhole drilling tools market by application
Global downhole drilling tools market by onshore
Global downhole drilling tools market by offshore

Read Full Report with TOC: http://www.marketresearchhub.com/report/global-downhole-drilling-tools-market-2017-2021-report.html

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