Market Research Report
Global Borehole Enlargement Systems Market 2022-2026
|Global Borehole Enlargement Systems Market 2022-2026|
Published: July 8, 2022
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
Technavio has been monitoring the borehole enlargement systems market and it is poised to grow by $ 310.26 mn during 2022-2026, accelerating at a CAGR of 3.73% during the forecast period. Our report on the borehole enlargement systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by a rise in oil and natural gas demand, rising investments in shale oil and gas, and a rise in deep water and ultra-deepwater E&P activities.
The borehole enlargement systems market analysis includes application segment and geographic landscape.
Technavio's borehole enlargement systems market is segmented as below:
By Geographical Landscape
This study identifies the emergence of laser drilling technology in the oil and gas industry as one of the prime reasons driving the borehole enlargement systems market growth during the next few years. Also, innovations in reamers and the emergence of next-generation automated drilling rigs will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the borehole enlargement systems market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading borehole enlargement systems market vendors that include Atlas Copco AB, Baker Hughes Co., DRILLING TOOLS INTERNATIONAL, DRILLSTAR INDUSTRIES, EasyDrill LLC, Halliburton Co., Hole Opener Corp., NOV Inc., Oilfields Supply Center Ltd., Paradigm Group BV, Radius Service LLC, Redback Drilling Tools, Reservoir Group, Sandvik AB, Schlumberger Ltd., Schoeller Bleckmann Oilfield Equipment AG, The Industrialization and Energy Services Co.KSA, Weatherford International Plc, Wenzel Downhole Tools, and Western Drilling Tools Inc. Also, the borehole enlargement systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.