Pune, India -- (SBWIRE) -- 06/15/2017 -- Market Scenario

Widespread application of the of Downhole tools in the oil and industry has been a major actor pushing the demand in the Downhole Tools market. Recent recovery of the oil and gas industry from the price crisis is resulting in high demand for the oil and gas translating into demand in the Downhole tools market. Exploration activities in North America and Canada witnessing the shale gas revolution have also resulted in boosting the demand for the Downhole tools market.

Market Segments

The Downhole Tools market has been segmented as follows:

On the basis of application into drilling, completion, formation & evaluation, production, and intervention

On the basis of type the market has been segmented as downhole control tools, handling tools, flow & pressure control tools, drilling tools and others

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Study Objective of Downhole Tools Market

To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the global Downhole Tools market

To provide insights about factors affecting the market growth

To Analyze the Downhole Tools market based on various factors- price analysis, supply chain analysis, Porters five force analysis.

To provide historical and forecast revenue of the market segments and sub-segments with respect to six main geographies and their countries- North America, Europe, Asia-Pacific, South America, Middle East, and Africa

To provide country level analysis of the market with respect to the current market size and future prospective

To provide country level analysis of the market for segment by Services, by type and by region as well as its sub segments

To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, and new product developments in the global Downhole Tools market

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Key Players:

Key players involved in this market are:
-Schlumberger (U.S.)
-Halliburton (U.S.)
-Baker Hughes (U.S.)
-Weatherford International (Ireland)
-National Oilwell Varco Inc. (U.S.)
-Logan Oil Tools Inc. (U.S.)
-Wenzel Downhole Tools Ltd. (U.S.)
-Saint Gobain (France)
-Oil States International Inc. (India)

Regional Analysis of Downhole Tools Market:

Owing to the shale and drilling activities in the North America region, the market is the leading region for the Downhole tools market. Increased exploration activities in this region specifically in Canada have boosted the demand for Downhole tools. Increased Infrastructural and Manufacturing activities in the Asia-Pacific region have resulted in the Downhole Tools market achieving high growth in this region.

The reports also cover brief analysis of Geographical Region including:
North America
-U.S.
-Canada
-Mexico
South America
-Brazil
-Argentina
-Venezuela
-Rest Of South America
Europe
-Russia
-U.K
-Netherlands
-Rest Of Europe
Asia– Pacific
-China
-India
-Indonesia
-Malaysia
-Rest of Asia Pacific
Middle East
-Saudi
-UAE
-Kuwait
-Qatar
-Rest Of Middle East
Africa
-Nigeria
-Egypt
-Rest Of Africa