Downhole Tools Global Market Report 2025

Description

The downhole tools are the tools that are used during well drilling, completion, and intervention or well workover activities and helps oil well in optimizing the production levels and maintain a continuous flow from the reservoir. The primary purpose of downhole tools is to carry out workover operations and well completion process as well as examine the reservoir properties such as rock, sand, and liquid by bringing their sample to the well surface.

The main types of downhole tools are drilling tools, pressure and flow control tools, handling tools, impurity control tools, other types. A drilling machine is a type of machine in which holes are made on the workpiece by making use of a rotating tool called a drill bit or twist drill. The downhole tools are available by the onshore and offshore locations that are used for good drilling, well completion, well intervention, well production, formation, and evaluation applications.

The downhole tools market research report is one of a series of new reports from The Business Research Company that provides downhole tools market statistics, including downhole tools industry global market size, regional shares, competitors with downhole tools market share, detailed downhole tools market segments, market trends, and opportunities, and any further data you may need to thrive in the downhole tools industry. This downhole tool market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The downhole tools market size has grown steadily in recent years. It will grow from $5.65 billion in 2024 to $5.89 billion in 2025 at a compound annual growth rate (CAGR) of 4.1%. The growth in the historic period can be attributed to oil and gas exploration boom, global economic trends, regulatory changes, environmental concerns.

The downhole tools market size is expected to see strong growth in the next few years. It will grow to $7.22 billion in 2029 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to continued energy demand, unconventional resource exploration, focus on cost efficiency, renewable energy integration. Major trends in the forecast period include digitalization and automation, advancements in material science, customization and modular design, remote operations and robotics, collaboration and partnerships, rise in horizontal drilling.

The rising oil and gas consumption is expected to propel the growth of the downhole tools market going forward. The rising demand for oil and gas in form of automotive fuel and household cooking owing to rapidly rising levels of population. The downhole tools are used for drilling or extraction of minerals. Therefore, the increase in the consumption of oil & gas will require the extraction of more minerals, which will eventually increase the growth of downhole tools. For instance, according to U. S. Energy Information Administration, the U. S. Federal Statistical System responsible for collecting, analyzing, and disseminating energy information, it is estimated that 99. 4 million b/d of petroleum and liquid fuels were consumed globally in 2022, up by 1. 6 million b/d from 2021. They forecast that global consumption will rise by an average of 2. 1 million b/d for all of 2022 and by an average of 2.0 million b/d in 2023. Therefore, rising oil and gas consumption is driving the demand for the downhole tools market.

The increased drilling activities are expected to propel the growth of the downhole tool market going forward. Drilling activities refer to the processes and operations involved in boring or drilling holes into the earth's surface for various purposes, such as exploration, extraction, and construction. Drilling activities often utilize drilling equipment, such as drilling rigs to bore into the ground, rock, or other materials, leading to a heightened demand for downhole tools. These tools play a crucial role in various drilling operations, including wellbore drilling, casing installation, completion, and reservoir evaluation. For instance, in October 2022, according to Baker Hughes' weekly data, drilling for both oil and natural gas wells rose in the United States in 2022. As of September 30, 2022, there were 160 natural gas-directed rigs, an increase of 53 from in 2022. There are 602 oil-directed rigs, an increase of 481 in 2022. Therefore, increased drilling activities in oil and gas exploration are expected to propel the growth of the downhole tool market.

Technological innovation is the key trend gaining popularity in the downhole tools market. Major companies operating in the downhole tools market are focused on developing new and innovative products to sustain and strengthen their market position. For instance, in May 2023, Deep Casing Tools, a UK-based company operating in innovative downhole technologies, launched MechLOK-T. It is a fully mechanically locking drill pipe swivel that is developed to alleviate the friction and buckling issues that are commonly experienced in long, horizontal extended-reach drilling (ERD) wells. This cutting-edge technology enables operators to easily reach target depths on the first attempt, resulting in increased productivity, dependability, and significant time and cost savings.

Leading companies in the downhole tool market are focusing on developing innovative solutions, such as the VISION Suite, to enhance real-time data acquisition, improve drilling precision, and optimize wellbore operations. The VISION Suite is a comprehensive collection of advanced downhole completion tools designed to boost performance and efficiency in challenging oilfield environments. For instance, in December 2023, KLX Energy Services, a US-based provider of critical oilfield services, introduced the VISION Suite. This set of advanced tools includes the OraclE-Smart Reach Tool (SRT) to manage friction in long lateral wellbores, the SpectrA PDC for optimizing motor performance and minimizing non-productive time, and PhantM Dissolvables, specialized frac plugs that dissolve after use, reducing the need for further interventions.

In July 2023, Patterson-UTI Energy, a US-based company operating in energy sector, acquired Ulterra Drilling Technologies for $370 million in cash and the issuance of 34. 9 million shares of Patterson-UTI common stock. This strategic acquisition aims to expand Patterson-UTI's operational capabilities and technological prowess. Furthermore, it would enhance Patterson-UTI's global presence, particularly in the Middle East, and strengthen its relationships with key international customers. Ulterra Drilling Technologies is a US-based company specializes in developing innovative PDC (Polycrystalline Diamond Compact) bits and downhole tools for directional drilling in the oil and gas industry.

Major companies operating in the downhole tools market include Schlumberger NV, Halliburton Company, Baker Hughes Company, Weatherford International plc, NOV Inc., United Drilling Tools Ltd., Schoeller-Bleckman Sales, Logan Oil Tools Inc., Ulterra Drilling Technologies L. P., Wenzel Downhole Tools Ltd., Oil States International Inc., RPC Inc., APS Technology Inc., Flotek Industries Inc., TechnipFMC plc, Hunting PLC, Rival Downhole Tools LC, Varel International Inc., Bilco Tools Inc., Excalibre Downhole Tools Ltd., Cougar Drilling Solutions Inc., Rubicon Oilfield International Holdings L. P., Dynomax Drilling Tools Inc., Drilformance LLC, Downhole Products PLC, Vertex Downhole Ltd., Tenaris S. A., Dover Corporation, Vallourec S. A., NexTier Oilfield Solutions LLC

North America was the largest region in the downhole tools market in 2024. Asia-Pacific was the second-largest region in the downhole tools market. The regions covered in the downhole tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the downhole tools market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The downhole tools market consists of revenues earned by entities by completion tools, downhole control tools, and logging tools. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Downhole Tools Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on downhole tools market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for downhole tools ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The downhole tools market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Type: Drilling Tools; Pressure And Flow Control Tools; Handling Tools; Impurity Control Tools; Other Types
2) By Location: Onshore; Offshore
3) By Application: Well Drilling; Well Completion; Well Intervention; Well Production; Formation and Evaluation
Subsegments:
1) By Drilling Tools: Drill Bits; Drill Pipes; Reamers
2) By Pressure And Flow Control Tools: Safety Valves; Blowout Preventers; Choke Valves
3) By Handling Tools: Pipe Handling Tools; Lifting Tools; Torque Tools
4) By Impurity Control Tools: Filtration Systems; Separation Tools
5) By Other Types: Measurement While Drilling (MWD) Tools; Logging Tools
Companies Mentioned: Schlumberger NV; Halliburton Company; Baker Hughes Company; Weatherford International plc; NOV Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r21383

1. Executive Summary

2. Downhole Tools Market Characteristics

3. Downhole Tools Market Trends And Strategies

4. Downhole Tools Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

5. Global Downhole Tools Growth Analysis And Strategic Analysis Framework

5.1. Global Downhole Tools PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Downhole Tools Market Growth Rate Analysis
5.4. Global Downhole Tools Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Downhole Tools Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Downhole Tools Total Addressable Market (TAM)

6. Downhole Tools Market Segmentation

6.1. Global Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Drilling Tools
Pressure and Flow Control Tools
Handling Tools
Impurity Control Tools
Other Types
6.2. Global Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Onshore
Offshore
6.3. Global Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Well Drilling
Well Completion
Well Intervention
Well Production
Formation and Evaluation
6.4. Global Downhole Tools Market, Sub-Segmentation Of Drilling Tools, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Drill Bits
Drill Pipes
Reamers
6.5. Global Downhole Tools Market, Sub-Segmentation Of Pressure And Flow Control Tools, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Safety Valves
Blowout Preventers
Choke Valves
6.6. Global Downhole Tools Market, Sub-Segmentation Of Handling Tools, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Pipe Handling Tools
Lifting Tools
Torque Tools
6.7. Global Downhole Tools Market, Sub-Segmentation Of Impurity Control Tools, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Filtration Systems
Separation Tools
6.8. Global Downhole Tools Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Measurement While Drilling (MWD) Tools
Logging Tools

7. Downhole Tools Market Regional And Country Analysis

7.1. Global Downhole Tools Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Downhole Tools Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Downhole Tools Market

8.1. Asia-Pacific Downhole Tools Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Downhole Tools Market

9.1. China Downhole Tools Market Overview
9.2. China Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Downhole Tools Market

10.1. India Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Downhole Tools Market

11.1. Japan Downhole Tools Market Overview
11.2. Japan Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Downhole Tools Market

12.1. Australia Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Downhole Tools Market

13.1. Indonesia Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Downhole Tools Market

14.1. South Korea Downhole Tools Market Overview
14.2. South Korea Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Downhole Tools Market

15.1. Western Europe Downhole Tools Market Overview
15.2. Western Europe Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Downhole Tools Market

16.1. UK Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Downhole Tools Market

17.1. Germany Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Downhole Tools Market

18.1. France Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Downhole Tools Market

19.1. Italy Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Downhole Tools Market

20.1. Spain Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Downhole Tools Market

21.1. Eastern Europe Downhole Tools Market Overview
21.2. Eastern Europe Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Downhole Tools Market

22.1. Russia Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Downhole Tools Market

23.1. North America Downhole Tools Market Overview
23.2. North America Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Downhole Tools Market

24.1. USA Downhole Tools Market Overview
24.2. USA Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Downhole Tools Market

25.1. Canada Downhole Tools Market Overview
25.2. Canada Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Downhole Tools Market

26.1. South America Downhole Tools Market Overview
26.2. South America Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Downhole Tools Market

27.1. Brazil Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Downhole Tools Market

28.1. Middle East Downhole Tools Market Overview
28.2. Middle East Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Downhole Tools Market

29.1. Africa Downhole Tools Market Overview
29.2. Africa Downhole Tools Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Downhole Tools Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Downhole Tools Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Downhole Tools Market Competitive Landscape And Company Profiles

30.1. Downhole Tools Market Competitive Landscape
30.2. Downhole Tools Market Company Profiles
- 30.2.1. Schlumberger NV Overview, Products and Services, Strategy and Financial Analysis
- 30.2.2. Halliburton Company Overview, Products and Services, Strategy and Financial Analysis
- 30.2.3. Baker Hughes Company Overview, Products and Services, Strategy and Financial Analysis
- 30.2.4. Weatherford International plc Overview, Products and Services, Strategy and Financial Analysis
- 30.2.5. NOV Inc. Overview, Products and Services, Strategy and Financial Analysis

31. Downhole Tools Market Other Major And Innovative Companies

31.1. United Drilling Tools Ltd.
31.2. Schoeller-Bleckman Sales
31.3. Logan Oil Tools Inc.
31.4. Ulterra Drilling Technologies L. P.
31.5. Wenzel Downhole Tools Ltd.
31.6. Oil States International Inc.
31.7. RPC Inc.
31.8. APS Technology Inc.
31.9. Flotek Industries Inc.
31.10. TechnipFMC plc
31.11. Hunting PLC
31.12. Rival Downhole Tools LC
31.13. Varel International Inc.
31.14. Bilco Tools Inc.
31.15. Excalibre Downhole Tools Ltd.

32. Global Downhole Tools Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Downhole Tools Market

34. Recent Developments In The Downhole Tools Market

35. Downhole Tools Market High Potential Countries, Segments and Strategies

35.1 Downhole Tools Market In 2029 - Countries Offering Most New Opportunities
35.2 Downhole Tools Market In 2029 - Segments Offering Most New Opportunities
35.3 Downhole Tools Market In 2029 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer