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PUBLISHER: IMARC | PRODUCT CODE: 1370389
PUBLISHER: IMARC | PRODUCT CODE: 1370389
Drill Collar Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 141 Pages
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Abstract
Market Overview:
The global drill collar market size reached US$ 1.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.5 Billion by 2028, exhibiting a growth rate (CAGR) of 4.2% during 2023-2028.
Drill collars refer to thick-walled and heavy-duty industrial tubular components that are utilized with the drill string. They are a crucial part of the bottom hole assembly (BHA) used above the drill bit to put weight on it for drilling into the ground. They are manufactured from solid bars of modified alloy steel, non-magnetic nickel-copper alloy, or other premium alloys. The steel bars are drilled from end to end to provide a passage for drilling and completion fluids through the collars. In contrast to the drill pipe, the drill collar is heavier, thick-walled and works as a shock absorber to dampen the vibrations and impact forces caused by drilling.
With the expanding oil and gas exploration activities, there has been a rise in the number of new oil wells, which, in turn, is augmenting the demand for drill collars across the globe. Besides this, the increasing exploration of unconventional resources, like shale gas, along with investments in the onshore oil and gas industry, are also contributing to the market growth. Furthermore, extensive research and development (R&D) activities to improve the efficiency of drill collars have provided a positive impact on the industry. Moreover, with technological advancements, the leading players are manufacturing spiral drill collars, with grooves machined on the outside surface that prevent the drill string from getting stuck in the hole, while allowing drilling debris and lubricant to pass more freely around the collar.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global drill collar market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, application and design.
Breakup by Type:
Standard Steel Drill Collar
Non-magnetic Drill Collar
Breakup by Application:
Onshore
Offshore
Breakup by Design:
Spiral
Slick
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players American Oilfield Tools, Challenger International, Halliburton Hunting PLC, International Drilling Services Ltd (IDS), National Oilwell Varco (NOV), Schlumberger, Schoeller-Bleckmann, Vallourec, Weatherford International (Superior Energy Services) and Workstrings International.
Key Questions Answered in This Report:
- How has the global drill collar market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global drill collar market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the design?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global drill collar market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A2412
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Drill Collar Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Standard Steel Drill Collar
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Non-magnetic Drill Collar
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Application
- 7.1 Onshore
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Offshore
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Design
- 8.1 Spiral
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Slick
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Others
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 American Oilfield Tools
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Challenger International
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Halliburton Hunting PLC
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 International Drilling Services Ltd (IDS)
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 National Oilwell Varco (NOV)
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 Schlumberger
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Schoeller-Bleckmann
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.8 Vallourec
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Weatherford International (Superior Energy Services)
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Workstrings International
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.1 American Oilfield Tools
Product Code: SR112023A2412
List of Figures
- Figure 1: Global: Drill Collar Market: Major Drivers and Challenges
- Figure 2: Global: Drill Collar Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Drill Collar Market: Breakup by Type (in %), 2022
- Figure 4: Global: Drill Collar Market: Breakup by Application (in %), 2022
- Figure 5: Global: Drill Collar Market: Breakup by Design (in %), 2022
- Figure 6: Global: Drill Collar Market: Breakup by Region (in %), 2022
- Figure 7: Global: Drill Collar Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 8: Global: Drill Collar (Standard Steel Drill Collar) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Drill Collar (Standard Steel Drill Collar) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Drill Collar (Non-magnetic Drill Collar) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Drill Collar (Non-magnetic Drill Collar) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Drill Collar (Onshore Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Drill Collar (Onshore Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Drill Collar (Offshore Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Drill Collar (Offshore Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Drill Collar (Spiral) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Drill Collar (Spiral) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Drill Collar (Slick) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Drill Collar (Slick) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Drill Collar (Other Designs) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Drill Collar (Other Designs) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: North America: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: North America: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: United States: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: United States: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Canada: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Canada: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Asia Pacific: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Asia Pacific: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: China: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: China: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Japan: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Japan: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: India: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: India: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: South Korea: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: South Korea: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Australia: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Australia: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Indonesia: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Indonesia: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Others: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Others: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Europe: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Europe: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Germany: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Germany: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: France: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: France: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: United Kingdom: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: United Kingdom: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Italy: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Italy: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Spain: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Spain: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Russia: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Russia: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Others: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Others: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Latin America: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Latin America: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Brazil: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Brazil: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Mexico: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Mexico: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Others: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Others: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Middle East and Africa: Drill Collar Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Middle East and Africa: Drill Collar Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Global: Drill Collar Industry: SWOT Analysis
- Figure 71: Global: Drill Collar Industry: Value Chain Analysis
- Figure 72: Global: Drill Collar Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Drill Collar Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Drill Collar Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Drill Collar Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Drill Collar Market Forecast: Breakup by Design (in Million US$), 2023-2028
- Table 5: Global: Drill Collar Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Drill Collar Market Structure
- Table 7: Global: Drill Collar Market: Key Players
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