PUBLISHER: TechSci Research | PRODUCT CODE: 1354773
PUBLISHER: TechSci Research | PRODUCT CODE: 1354773
Logging While Drilling (LWD) Market -Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Application (Onshore, Offshore {Shallow Water, Deepwater, Ultra-Deepwater}), By Region
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Global Logging While Drilling (LWD) Market is anticipated to grow at a steady pace in the forecast period, 2023-2028, owing to the rising drilling and completion activities on a global scale. However, the fluctuating prices in recent years due to the supply-demand imbalance, geopolitics, and other factors have been preventing the growth of the market.
Transporting well logging equipment downhole as a component of the bottom hole assembly is known as logging while drilling. Measurement while drilling (MWD) and logging while drilling (LWD) are terms that are sometimes used interchangeably to refer to techniques and processes for gathering down-hole data while drilling without having to remove drill pipe from the well.
Increased Advantages of Logging While Drilling such as temperature maintenance, borehole pressure, vibration shock
| Market Overview | |
|---|---|
| Forecast Period | 2024-2028 |
| Market Size 2022 | USD 2.14 Billion |
| Market Size 2028 | USD 3.25 Billion |
| CAGR 2023-2028 | 7.44% |
| Fastest Growing Segment | Onshore |
| Largest Market | Middle East & Africa |
It does away with the need for a logging truck in the logging process. Robotic logging technique reduces logging time and the need for additional equipment. Robotic logging has a number of advantages, including decreased NPT (Non-Proliferation of nuclear weapons), lower energy consumption, and a quicker response time. These benefits are thought to pave the way for the market's expansion. The development rate of the market for logging during drilling will be further accelerated by the rising number of oil and gas discoveries and the liberalization of the sector. Global drilling and completion activity expansion will also fuel market growth. Onshore projects are anticipated to support the market's expansion by riding the optimism brought on by the rebound of crude oil prices.
The Global Rise in Industrialization and Increase in Urbanization
The need for energy and power generation is increased by the global rise in industrialization and urbanization. Increased deepwater and unconventional energy and power operations allow for increased market revenue from logging while drilling operations. The demand for technological advancements in oil and gas production that are cost-competitive is also expected to drive the expansion of the global logging during drilling market. Energy is a crucial component of development, therefore numerous rising nations are realizing the significance of E&P activities, which are expected to accelerate market expansion. The demand for logging while drilling services is expected to increase as a result of new advancements in the onshore oil and gas industry, increased exploration of unconventional resources, and the stability of crude oil prices.
Increasing Demand for Real-Time Formation Evaluation to Optimize the Production Cost
Oilfield service providers are strategically organizing the total exploration for affordable oil and gas production. To increase output, many procedures are utilized to improve the well's performance. Making informed judgements regarding the future well operations require accurate formation appraisal, which is fundamentally provided by logging while drilling. It not only enables the operator to obtain accurate well data but also lessens production-related challenges.
Market Segmentation
The Global logging while drilling (LWD) market is divided into Application, Region and Competitive Landscape. Based on Application, the market is divided into Onshore, and Offshore, and Offshore is further segmented into Shallow Water, Deepwater, and Ultra-Deepwater.
Market Players
Major market players in the Global logging while drilling (LWD) market are: Baker Hughes Company (U.S.), Schlumberger Limited (U.S.), Halliburton (U.S.), NOV Inc., (U.S.), Weatherford (U.S.), Nabors Industries Ltd. (Bermuda), APS Technology, Inc. (U.S.), Maxwell Downhole Technology (UK), Scientific Drilling International (Texas), PnnPlus (China),
Report Scope
In this report, the Global logging while drilling (LWD) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Logging While Drilling (LWD) Market, By Application:
- Onshore
- Offshore
- Shallow Water
- Deepwater
- Ultra-Deepwater
Logging While Drilling (LWD) Market, By Region:
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Europe
- Germany
- United Kingdom
- France
- Italy
- Poland
- Spain
- South America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
- Iraq
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global logging while drilling (LWD) market.
Available Customizations
Global logging while drilling (LWD) market report 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).
Table of Contents
1. Service Overview
2. Research Methodology
3. Impact of COVID-19 on Global logging while drilling (LWD) market
4. Executive Summary
5. Voice of Customers
6. Global logging while drilling (LWD) Market Outlook
- 6.1. Market Size & Forecast
- 6.1.1. By Value
- 6.2. Market Share & Forecast
- 6.2.1. By Application (Onshore, Offshore)
- 6.2.1.1. By Offshore (Shallow Water, Deepwater, Ultra-Deepwater)
- 6.2.2. By Region
- 6.2.1. By Application (Onshore, Offshore)
- 6.3. By Company (2022)
- 6.4. Market Map
7. North America Logging while drilling (LWD) Market Outlook
- 7.1. Market Size & Forecast
- 7.1.1. By Value
- 7.2. Market Share & Forecast
- 7.2.1. By Application
- 7.2.2. By Country
- 7.3. North America: Country Analysis
- 7.3.1. United States Logging while drilling (LWD) Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.1.1. By Value
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Application
- 7.3.1.1. Market Size & Forecast
- 7.3.2. Canada Logging while drilling (LWD) Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.1.1. By Value
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Application
- 7.3.2.1. Market Size & Forecast
- 7.3.3. Mexico Logging while drilling (LWD) Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.1.1. By Value
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Application
- 7.3.3.1. Market Size & Forecast
- 7.3.1. United States Logging while drilling (LWD) Market Outlook
8. Asia-Pacific Logging while drilling (LWD) Market Outlook
- 8.1. Market Size & Forecast
- 8.1.1. By Value
- 8.2. Market Share & Forecast
- 8.2.1. By Application
- 8.2.2. By Country
- 8.3. Asia-Pacific: Country Analysis
- 8.3.1. China Logging while drilling (LWD) 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 Application
- 8.3.1.1. Market Size & Forecast
- 8.3.2. India Logging while drilling (LWD) 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 Application
- 8.3.2.1. Market Size & Forecast
- 8.3.3. Japan Logging while drilling (LWD) 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 Application
- 8.3.3.1. Market Size & Forecast
- 8.3.4. South Korea Logging while drilling (LWD) Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.1.1. By Value
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Application
- 8.3.4.1. Market Size & Forecast
- 8.3.5. Australia Logging while drilling (LWD) Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.1.1. By Value
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Technique
- 8.3.5.1. Market Size & Forecast
- 8.3.6. Singapore Logging while drilling (LWD) Market Outlook
- 8.3.6.1. Market Size & Forecast
- 8.3.6.1.1. By Value
- 8.3.6.2. Market Share & Forecast
- 8.3.6.2.1. By Application
- 8.3.6.1. Market Size & Forecast
- 8.3.7. Malaysia Logging while drilling (LWD) Market Outlook
- 8.3.7.1. Market Size & Forecast
- 8.3.7.1.1. By Value
- 8.3.7.2. Market Share & Forecast
- 8.3.7.2.1. By Application
- 8.3.7.1. Market Size & Forecast
- 8.3.1. China Logging while drilling (LWD) Market Outlook
9. Europe Logging while drilling (LWD) Market Outlook
- 9.1. Market Size & Forecast
- 9.1.1. By Value
- 9.2. Market Share & Forecast
- 9.2.1. By Application
- 9.2.2. By Country
- 9.3. Europe: Country Analysis
- 9.3.1. Germany Logging while drilling (LWD) 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 Application
- 9.3.1.1. Market Size & Forecast
- 9.3.2. United Kingdom Logging while drilling (LWD) 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 Application
- 9.3.2.1. Market Size & Forecast
- 9.3.3. France Logging while drilling (LWD) 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 Application
- 9.3.3.1. Market Size & Forecast
- 9.3.4. Spain Logging while drilling (LWD) 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 Application
- 9.3.4.1. Market Size & Forecast
- 9.3.5. Poland Logging while drilling (LWD) 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 Application
- 9.3.5.1. Market Size & Forecast
- 9.3.6. Italy Logging while drilling (LWD) 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 Application
- 9.3.6.1. Market Size & Forecast
- 9.3.1. Germany Logging while drilling (LWD) Market Outlook
10. South America Logging while drilling (LWD) Market Outlook
- 10.1. Market Size & Forecast
- 10.1.1. By Value
- 10.2. Market Share & Forecast
- 10.2.1. By Application
- 10.2.2. By Country
- 10.3. South America: Country Analysis
- 10.3.1. Brazil Logging while drilling (LWD) 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 Application
- 10.3.1.1. Market Size & Forecast
- 10.3.2. Argentina Logging while drilling (LWD) 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 Application
- 10.3.2.1. Market Size & Forecast
- 10.3.1. Brazil Logging while drilling (LWD) Market Outlook
11. Middle East & Africa Logging while drilling (LWD) Market Outlook
- 11.1. Market Size & Forecast
- 11.1.1. By Value
- 11.2. Market Share & Forecast
- 11.2.1. By Application
- 11.2.2. By Country
- 11.3. Middle East & Africa: Country Analysis
- 11.3.1. Saudi Arabia Logging while drilling (LWD) 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 Application
- 11.3.1.1. Market Size & Forecast
- 11.3.2. South Africa Logging while drilling (LWD) 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 Application
- 11.3.2.1. Market Size & Forecast
- 11.3.3. UAE Logging while drilling (LWD) 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 Application
- 11.3.3.1. Market Size & Forecast
- 11.3.4. Iraq Logging while drilling (LWD) 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 Application
- 11.3.4.1. Market Size & Forecast
- 11.3.1. Saudi Arabia Logging while drilling (LWD) Market Outlook
12. Market Dynamics
- 12.1. Drivers
- 12.2. Challenges
13. Market Trends & Developments
14. Company Profiles
- 14.1. Baker Hughes Company (U.S.)
- 14.1.1. Business Overview
- 14.1.2. Key Revenue and Financials
- 14.1.3. Recent Developments
- 14.1.4. Key Personnel
- 14.1.5. Key Product/Services
- 14.2. Schlumberger Limited (U.S.)
- 14.2.1. Business Overview
- 14.2.2. Key Revenue and Financials
- 14.2.3. Recent Developments
- 14.2.4. Key Personnel
- 14.2.5. Key Product/Services
- 14.3. Halliburton (U.S.)
- 14.3.1. Business Overview
- 14.3.2. Key Revenue and Financials
- 14.3.3. Recent Developments
- 14.3.4. Key Personnel
- 14.3.5. Key Product/Services
- 14.4. NOV Inc., (U.S.)
- 14.4.1. Business Overview
- 14.4.2. Key Revenue and Financials
- 14.4.3. Recent Developments
- 14.4.4. Key Personnel
- 14.4.5. Key Product/Services
- 14.5. Weatherford (U.S.)
- 14.5.1. Business Overview
- 14.5.2. Key Revenue and Financials
- 14.5.3. Recent Developments
- 14.5.4. Key Personnel
- 14.5.5. Key Product/Services
- 14.6. Nabors Industries Ltd. (Bermuda)
- 14.6.1. Business Overview
- 14.6.2. Key Revenue and Financials
- 14.6.3. Recent Developments
- 14.6.4. Key Personnel
- 14.6.5. Key Product/Services
- 14.7. APS Technology, Inc. (U.S.)
- 14.7.1. Business Overview
- 14.7.2. Key Revenue and Financials
- 14.7.3. Recent Developments
- 14.7.4. Key Personnel
- 14.7.5. Key Product/Services
- 14.8. Maxwell Downhole Technology (UK)
- 14.8.1. Business Overview
- 14.8.2. Key Revenue and Financials
- 14.8.3. Recent Developments
- 14.8.4. Key Personnel
- 14.8.5. Key Product/Services
- 14.9. Scientific Drilling International (Texas)
- 14.9.1. Business Overview
- 14.9.2. Key Revenue and Financials
- 14.9.3. Recent Developments
- 14.9.4. Key Personnel
- 14.9.5. Key Product/Services
- 14.10. PnnPlus (China)
- 14.10.1. Business Overview
- 14.10.2. Key Revenue and Financials
- 14.10.3. Recent Developments
- 14.10.4. Key Personnel
- 14.10.5. Key Product/Services
15. Strategic Recommendations
16. About Us & Disclaimer
