Saudi Arabia $179 Million Oil & Gas Drilling Tools Market, Competition Forecast & Opportunities, 2023

12/14/2018, 2:25 PM (Source: GlobeNewswire)

Dublin, Dec. 14, 2018 (GLOBE NEWSWIRE) -- The "Saudi Arabia Oil & Gas Drilling Tools Market By Type (Drill Bits, Drilling Tubulars, Mud Pumps, Reamers & Stabilizers, Drill Swivels, Drill Collars & Others), By Application (Onshore & Offshore), Competition Forecast & Opportunities, 2013-2023" report has been added to ResearchAndMarkets.com's offering.

Saudi Arabia Oil & Gas drilling tools market is forecast to grow to $179 million by 2023, backed by growing demand for oil & gas and increasing investments in offshore exploration and production activities.

With increasing demand for oil & gas around the globe and maturing existing hydrocarbon resources, the focus is shifting towards unexplored reservoirs in order to keep pace with the growing demand, which in turn, is expected to positively influence the country's oil & gas drilling tools market during forecast period.

Some of the other factors that would fuel the market are growing regulatory pressure and increasing investments in research & development field.

Saudi Arabia Oil & Gas Drilling Tools Market, 2013-2023 discusses the following aspects of Oil & Gas Drilling Tools market in Saudi Arabia:

  • Oil & Gas Drilling Tools Market Size, Share & Forecast
  • Segmental Analysis - Market By Type (Drill Bits, Drilling Tubulars, Mud Pumps, Reamers & Stabilizers, Drill Swivels, Drill Collars & Others), By Application (Onshore & Offshore)
  • Competitive Analysis
  • Changing Market Trends & Emerging Opportunities

Why You Should Buy This Report?

  • To gain an in-depth understanding of Oil & Gas Drilling Tools in Saudi Arabia
  • To identify the on-going trends and anticipated growth in the next five years
  • To help industry consultants, Oil & Gas Drilling Tools distributors and other stakeholders align their market-centric strategies
  • To obtain research-based business decisions and add weight to presentations and marketing material
  • To gain competitive knowledge of leading market players
  • To avail of 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer's specific needs

Some of the major players operating in

  • Schlumberger Limited
  • Baker Hughes, a GE Company
  • The Halliburton Company
  • National Oilwell Varco
  • Weatherford International PLC
  • Technip FMC
  • Precision Drilling Corporation
  • Parker Drilling Company
  • Gyrodata Incorporated
  • Dynomax Drilling Tools Inc.

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Analyst View

4. Saudi Arabia Oil & Gas Drilling Tools Market Outlook
4.1. Market Size & Forecast
4.1.1. By Value
4.2. Market Share & Forecast
4.2.1. By Type (Drill Bits, Drilling Tubulars, Reamers & Stabilizers, Drill Jars & Jaring Tools, Mud Pumps, Drill Collars and Drill Swivels)
4.2.1.1. Drill Bit Type, By Product
4.2.1.2. Drilling Tubular Type, By Product
4.2.1.3. Reamers & Stabilizers Type, By Product
4.2.1.4. Drill Swivel Type, By Product
4.2.1.5. Drill Collar Type, By Product
4.2.1.6. Drilling Jars & Jaring Tools Type, By Product
4.2.2. By Application (Onshore Vs. Offshore)
4.2.3. By Region
4.2.4. By Company
4.3. Market Attractiveness Index
4.3.1. By Application
4.3.2. By Region

5. Saudi Arabia Oil & Gas Drilling Tools Rental & Service Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type
5.2.1.1. Drill Bit Type, By Product
5.2.1.2. Drilling Tubular Type, By Product
5.2.1.3. Reamers & Stabilizers Type, By Product
5.2.1.4. Drill Swivel Type, By Product
5.2.1.5. Drill Collar Type, By Product
5.2.1.6. Drilling Jars & Jaring Tools Type, By Product
5.2.2. By Application
5.2.3. By Region
5.3. Market Attractiveness Index
5.3.1. By Application
5.3.2. By Region

6. Market Dynamics
6.1. Drivers
6.2. Challenges
6.3. Porter's Five Forces Analysis

7. Market Trends & Developments

8. Policy & Regulatory Landscape

9. Saudi Arabia Economic Profile

10. Competitive Landscape
10.1. Competition Matrix
10.2. Company Profiles

11. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/research/6br83p/saudi_arabia_179?w=12

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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Related Topics: Oil, Oilfield Equipment and Services

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