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Global Downhole Drilling Tools Market (2021 to 2025) - Featuring Baker Hughes, Halliburton and Tasman Oil Tools Among Others

·4-min read

Dublin, Oct. 07, 2021 (GLOBE NEWSWIRE) -- The "Global Downhole Drilling Tools Market 2021-2025" report has been added to's offering.

The publisher has been monitoring the downhole drilling tools market and it is poised to grow by $7.56 billion during 2021-2025, progressing at a CAGR of 4.73% during the forecast period. The report on the downhole drilling tools 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 regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in oil and gas E&P activities, increase in energy demand, and new exploration policies.

The downhole drilling tools market analysis includes product and application segments and geographic landscape. This study identifies the increase in deepwater and ultra-deepwater upstream projects as one of the prime reasons driving the downhole drilling tools market growth during the next few years. Also, growing demand for new-generation automated drilling rigs and declining cost of raw materials will lead to sizable demand in the market.

The report on downhole drilling tools market covers the following areas:

  • Downhole drilling tools market sizing

  • Downhole drilling tools market forecast

  • Downhole drilling tools market industry analysis

The 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 downhole drilling tools market vendors that include Baker Hughes Co., Halliburton Co., NOV Inc., Nine Energy Service Inc., RUBICON OILFIELD PRODUCTS LTD., Schlumberger Ltd., Schoeller-Bleckmann Oilfield Equipment AG, Tasman Oil Tools Ltd., Weatherford International Plc, and Wenzel Downhole Tools. Also, the downhole drilling tools 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.

The publisher 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. 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 the accurate market growth.

Key Topics Covered:

1. Executive Summary

  • Market overview

2. Market Landscape

  • Market ecosystem

  • Value chain analysis

3. Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2020

  • Market outlook: Forecast for 2020 - 2025

4. Five Forces Analysis

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

5. Market Segmentation by Product

  • Market segments

  • Comparison by Product

  • Tubulars - Market size and forecast 2020-2025

  • Deflection and downhole motors - Market size and forecast 2020-2025

  • Casing and cementing tools - Market size and forecast 2020-2025

  • Drill bits - Market size and forecast 2020-2025

  • Others - Market size and forecast 2020-2025

  • Market opportunity by Product

6. Market Segmentation by Application

  • Market segments

  • Comparison by Application

  • Onshore - Market size and forecast 2020-2025

  • Offshore - Market size and forecast 2020-2025

  • Market opportunity by Application

7. Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • North America - Market size and forecast 2020-2025

  • MEA - Market size and forecast 2020-2025

  • APAC - Market size and forecast 2020-2025

  • Europe - Market size and forecast 2020-2025

  • South America - Market size and forecast 2020-2025

  • Key leading countries

  • Market opportunity By Geographical Landscape

  • Market drivers

  • Market challenges

  • Market trends

8. Vendor Landscape

  • Overview

  • Vendor landscape

  • Landscape disruption

9. Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • Baker Hughes Co.

  • Halliburton Co.

  • NOV Inc.

  • Nine Energy Service Inc.


  • Schlumberger Ltd.

  • Schoeller-Bleckmann Oilfield Equipment AG

  • Tasman Oil Tools Ltd.

  • Weatherford International Plc

  • Wenzel Downhole Tools

10. Appendix

For more information about this report visit

CONTACT: CONTACT: Laura Wood, Senior Press Manager For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

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