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The borehole enlargement systems market is forecasted to grow by USD 308 million during 2023-2028, accelerating at a CAGR of 3.5% during the forecast period. The 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.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in oil and natural gas demand, rising investments in shale oil and gas, and rise in deep water and ultra-deepwater e and p activities.
The borehole enlargement systems market is segmented as below:
By Application
- Onshore
- Offshore
By Geographical Landscape
- North America
- Europe
- South America
- APAC
- Middle East and Africa
The report on the borehole enlargement systems market covers the following areas:
- Borehole enlargement systems market sizing
- Borehole enlargement systems market forecast
- Borehole enlargement systems market industry analysis
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.
The report 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 primary and secondary research. The 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.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global borehole enlargement systems market: 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..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of laser drilling technology in oil and gas industry."
According to the report, one of the major drivers for this market is the rise in oil and natural gas demand.
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 a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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
- Western Drilling Tools Inc.