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(Transportation-News.com, June 13, 2018 ) Managed Pressure Drilling Services Market size will grow from USD 3.95 Billion in 2017 to USD 5.15 Billion by 2023, at an estimated CAGR of 4.5%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
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. Deepwater drilling in Africa and Latin America is expected to boost the demand for managed pressure drilling services during the forecast period. The North American market is also projected to grow at a moderate pace, aided by large-scale spending for the development of unconventional resources, such as shale plays, where managed pressure drilling is used to access difficult formation and drill wells in the most economical way.Among various technologies of managed pressure drilling services, the Constant Bottom Hole Pressure (CBHP) segment is expected to have the largest market share during the forecast period; it is also expected to grow at the highest CAGR during the same period. This growth is attributed to extensive utilization of the technology for drilling offshore wells across the U.S. Gulf of Mexico as well as in other regions of the world. The market for Dual Gradient Drilling (DGD) technology is also projected to grow at a fast pace, owing to its utility in mitigating formation damage in deepwater drilling.
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By Market Players:
Weatherford International Limited` , Halliburton Company , Baker Hughes Inc. , Schlumberger Limited , National Oilwell Varco , Archer Limited , Aker Solutions , Ensign Energy Services Inc. , Eds Group as (Enhanced Drilling) , Strata Energy Services Inc. , Blade Energy Partners
By Technology:
Constant Bottom Hole Pressure, Dual Gradient Drilling, Mud Cap Drilling, Return Flow Control Drilling
By Application:
Onshore, Offshore
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
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The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Key Reasons to Purchase:
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
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Table of Content:
Chapter One: Industry Overview
Chapter Two: Production Market Analysis
Chapter Three: Sales Market Analysis
Chapter Four: Consumption Market Analysis
Chapter Five: Production, Sales and Consumption Market Comparison Analysis
Chapter Six: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Seven: Major Technology Analysis
Chapter Eight: Major Application Analysis
Chapter Nine: Industry Chain Analysis
Chapter Ten: Global and Regional Market Forecast
Chapter Eleven: Major Manufacturers Analysis
Chapter Twelve: New Project Investment Feasibility Analysis
Chapter Thirteen: Conclusions
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Orbis Research
Hector Costello
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