Research Report on"
Global Oil
and Gas Fishing Tools Market 2015-2019 ”.
Global Oil and Gas Fishing
Tools Market 2015-2019
Covering: This market research
provides a detailed analysis and segmentation of the global oil and
gas fishing tools market by tool type (internal & external
catching, milling tools, jarring assemblies, junk baskets,
accessories, remedial and repair, washover, drillpipe and casing
cutters, safety joints, and reverse units and power swivels), by
application (onshore and offshore), and by geography (EMEA, APAC, and
the Americas). Key vendors are Baker Hughes, Halliburton, National
Oilwell Varco, Schlumberger, and Weatherford International.
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Market outlook of the
global oil and gas fishing tools market
Technavio market research
analysts estimate the global oil and gas fishing tools market to show
moderate growth during the forecast period. Much of this growth can
be attributed to the growing exploration and production (E&P)
activities, which is driven by the escalating demand for energy from
across the globe. Also, the recent increase in offshore drilling and
completion activities is envisaged to result in this markets healthy
revenue generation capacity of around USD 4 billion by 2019.
In this market research
report, Technavio analysts estimate the internal and external
catching segment to dominate over all the other segments during the
forecast period. This segment is envisaged to account for more than
21% of the total market share by 2019 and is heavily influenced by
factors like the recent increase in drilling and well completion
activities.
Application-based segmentation
of the oil and gas fishing tools market
- Offshore
- Onshore
Technavios market research
analyst estimates the onshore segment to be the largest market
segment during the forecast period. The prospects for growth in this
segment are driven by factors like the increasing focus on
unconventional reserves like shale gas and tar sands reservoirs,
which results in its impressive market share of more than 65% by
2019.
Competitive landscape and
key vendors
This market is estimated to
grow at a steady pace during the forecast period and consists of
numerous vendors due to its high-growth potential. The launch of new
products by the local vendors is estimated to intensify the level of
competition in this market as they offer advantages like product
customization features. Also, it has been estimated that the
companies that have a strong financial standing and substantial
technical expertise are expected to gain maximum traction in this
market during the forecast period.
Key vendors in this market
are -
- Baker Hughes
- Halliburton
- National Oilwell Varco
- Weatherford International
Other prominent vendors
analyzed in this market research are Bilco Tools, Logan Oil Tools,
Magnum Oil Tool International, Oil Tools International Services
Private, Schoeller Bleckmann Oilfield Equipment, and Wenzel Downhole
Tools.
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Table
of Content :
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top vendor offerings
PART 03: Market research
methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Overview of global upstream
oil and gas sector
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Inspection Robots Market in the Oil and Gas Industry Market 2015-2019
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