For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
Drill collars are thick-walled tubular pieces machined from solid bars of steel, usually plain carbon steel but sometimes of nonmagnetic nickel-copper alloy or other nonmagnetic premium alloys.
LPI (LP Information)' newest research report, the "Drill Collar Industry Forecast" looks at past sales and reviews total world Drill Collar sales in 2022, providing a comprehensive analysis by region and market sector of projected Drill Collar sales for 2023 through 2029. With Drill Collar sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Drill Collar industry.
This Insight Report provides a comprehensive analysis of the global Drill Collar landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Drill Collar portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Drill Collar market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Drill Collar and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Drill Collar.
The global Drill Collar market size is projected to grow from US$ 137 million in 2022 to US$ 150.4 million in 2029; it is expected to grow at a CAGR of 150.4 from 2023 to 2029.
Global drill collar main players include Deutsche Edelstahlwerke (DEW), Hunting PLC, Vallourec, Vigor Drilling, International Drilling Services (IDS), Schoeller-Bleckmann, National Oilwell Varco (NOV), Schlumberger, Zhong Yuan Special Steel, Shanxi Fenglei Drilling Tools, Henan Shenlong, Carpenter Technology and ACE O.C.T.G., etc., totally accounting for about 70% of the market. Americas is the largest market, with a share over 36%. As for the types of products, it can be divided into standard steel drill collar and non-magnetic drill collar. The most common product is standard steel drill collar, with a share over 63%. In terms of applications, it is widely used in oil and gas exploration, geothermal exploration and others. Oil and gas exploration is the largest application, holding a share over 93%.
This report presents a comprehensive overview, market shares, and growth opportunities of Drill Collar market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
- Standard Steel Drill Collar
- Non-magnetic Drill Collar
Segmentation by application
- Oil and Gas Exploration
- Geothermal Exploration
- Others
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Deutsche Edelstahlwerke (DEW)
- Hunting PLC
- Vallourec
- Vigor Drilling
- International Drilling Services (IDS)
- Schoeller-Bleckmann
- National Oilwell Varco (NOV)
- Schlumberger
- Zhong Yuan Special Steel
- Shanxi Fenglei Drilling Tools
- Henan Shenlong
- Carpenter Technology
- ACE O.C.T.G.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Drill Collar market?
What factors are driving Drill Collar market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Drill Collar market opportunities vary by end market size?
How does Drill Collar break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?