The
global managed pressure drilling services market is projected to witness high
growth on account of growing need for optimized drilling processes and safe
& effective operational aspects of managed pressure drilling. The global
market is estimated to be USD 3.81 Billion in 2016, and is projected to reach
USD 4.60 Billion by 2021, at a CAGR of 3.8% from 2016 to 2021. Deepwater
drilling in Africa and Latin America is expected to boost the demand for
managed pressure drilling services during the forecast period.
The report covers major market players such as Schlumberger Limited. (U.S.), Halliburton (U.S.), Archer Well Services (U.K.), Weatherford International (Ireland), and Baker Hughes (U.S.) among others. These companies together occupy more than three-fourth of the managed pressure drilling services market.
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Scope of the Report:
Growing energy demand coupled
with declining production in onshore fields would drive the demand for new
drillings, particularly in the offshore region. Apart from this, the success of
managed pressure drilling in fields that were earlier considered uneconomical
to drill would increase the demand for managed pressure drilling services. The
global managed pressure drilling services market has been analyzed based on
type, application, and region. The report covers regions including North
America, Asia-Pacific, Europe, the Middle East, Latin America, and Africa.
Browse 65 market data Tables and 53 Figures spread through 138 Pages and in-depth TOC on "Managed Pressure Drilling Services Market - Global Trends and Forecasts to 2021"
To speak to our analyst for a discussion on the above findings, click https://www.marketsandmarkets.com/speaktoanalyst.asp?id=142692594
Target Audience:
The report caters to following audiences:
Research Methodology:
Browse Fill Report Here: https://www.marketsandmarkets.com/Market-Reports/managed-pressure-drilling-services-market-142692594.html
North America: the largest market for managed pressure drilling services
North America is projected to be the largest market for managed pressure drilling services till 2021. Within North America, the U.S. is the largest market, accounting for the maximum share. Meanwhile, Canada is also expected to show reasonable growth, given its development of unconventional sources, such as tar sands and tight oil. Meanwhile, Africa is the fastest growing within the managed pressure drilling services market, due to the recent discoveries occurring offshore in countries such as Angola, Tanzania, and Mozambique, among others. In addition, offshore developments in the Red Sea region by countries such as Saudi Arabia, Qatar, and UAE is expected to drive the growth of the Middle East managed pressure drilling services market.
About MarketsandMarkets
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
The report covers major market players such as Schlumberger Limited. (U.S.), Halliburton (U.S.), Archer Well Services (U.K.), Weatherford International (Ireland), and Baker Hughes (U.S.) among others. These companies together occupy more than three-fourth of the managed pressure drilling services market.
Download PDF Brochure Here: https://www.marketsandmarkets.com/pdfdownload.asp?id=142692594
Scope of the Report:
·
By Application:
o
Onshore
o
Offshore
·
By Technology
o
Constant Bottom Hole Pressure (CBHP)
o
Mud Cap Drilling (MCD)
o
Dual Gradient Drilling (DGD)
o
Return Flow Control Drilling (RFCD)
·
By Region
o
North America
o
Europe
o
Asia-Pacific
o
Middle East
o
Latin America
o
Africa
Browse 65 market data Tables and 53 Figures spread through 138 Pages and in-depth TOC on "Managed Pressure Drilling Services Market - Global Trends and Forecasts to 2021"
To speak to our analyst for a discussion on the above findings, click https://www.marketsandmarkets.com/speaktoanalyst.asp?id=142692594
Target Audience:
The report caters to following audiences:
-Managed pressure drilling services equipment
manufacturers, dealers, and suppliers
-Manufacturing, oil & gas, mining, and
process industries
-Consulting companies in the energy and power
sector
-State and national regulatory authorities
“Study
answers several questions for the stakeholders, primarily which market segments
to focus on in the next 2–5 years for prioritizing efforts and investments”.Research Methodology:
-Major regions have been identified along
with countries contributing the maximum share, based on the prevalence of
relevant applications
-Secondary research has been conducted to
find the market size for different regions, calculated by taking into account
the regional break-up of demand and consumption, further validating it with
region-wise presence of managed pressure drilling service companies in those
regions and their corresponding revenues
-Primary interviews from manufacturers and
suppliers helped to obtain and verify critical qualitative & quantitative
information as well as assess future market prospects. Information obtained has
been used to estimate the share of different segments of managed pressure
drilling services in regional markets
-The revenue of the top companies
(regional/global), product pricing, and industry trends along with top-down,
bottom-up, and MnM KNOW have been used to estimate the market size
North America: the largest market for managed pressure drilling services
North America is projected to be the largest market for managed pressure drilling services till 2021. Within North America, the U.S. is the largest market, accounting for the maximum share. Meanwhile, Canada is also expected to show reasonable growth, given its development of unconventional sources, such as tar sands and tight oil. Meanwhile, Africa is the fastest growing within the managed pressure drilling services market, due to the recent discoveries occurring offshore in countries such as Angola, Tanzania, and Mozambique, among others. In addition, offshore developments in the Red Sea region by countries such as Saudi Arabia, Qatar, and UAE is expected to drive the growth of the Middle East managed pressure drilling services market.
About MarketsandMarkets
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
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