This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Managed pressure drilling services market
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Presents a Research Report on
Managed Pressure Drilling Services Market
The Market is Segmented by Technology Type (Constant Bottom Hole Pressure, Dual Gradient Drilling, Mud
Cap Drilling, and Return Flow Control Drilling), by Application Type (Onshore, Offshore), and by Region
(North America, Europe, Asia-Pacific, and Rest of the World)
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Managed Pressure Drilling Services Market Growth and Forecast
Highlights & Drivers
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• Managed Pressure Drilling Services Market is likely to witness an impressive CAGR of 4.0% during the forecast
period.
• The major factor contributing to the growth of the market is the growing need for safe & effective operational aspects
along with optimized drilling processes of managed pressure drilling. Further, deepwater drilling in the regions of Latin
America and Africa is estimated to strengthen the demand for managed pressure drilling services during the forecast
period.
• Managed Pressure Drilling Services Market – Snapshot
Growth - 4.0% for the next five years
Major Technology Type - Constant Bottom Hole Pressure
Major Application Type - Offshore
Region with the highest demand - North America
Key Players - Schlumberger Limited. (U.S.), Halliburton (U.S.), Archer Well
Services (U.K.), Weatherford International (Ireland), and
Baker Hughes (U.S.) among others.
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Market Insights
3
By Technology Type
• The constant bottom hole pressure segment, which is mainly preferred in North America for drilling offshore
wells, is estimated to lead the market during the forecast period.
• PWC is likely to be the fastest-growing segment during the forecast period, driven by the USA and Canada.
By Application Type
• The offshore segment dominated the market in 2019, and is expected to register a faster growth during the
forecast period.
• The growth is attributed to the increasing investments that are being made in subsea oil & gas activities.
By Region
• North America is estimated to dominate the managed pressure drilling services market during the forecast
period.
• The USA is likely to lead the North American market by capturing the maximum share. On the other hand, RoW is
expected to grow at the fastest rate during the forecast period, owing to the recent discoveries shaping up in offshore
in countries, such as Angola, Tanzania, and Mozambique.
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Competitive Insights
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Key Companies Analysed
• Aker Solutions
• Archer Limited
• Baker Hughes Inc.
• Blades Energy Partners
• Ensign Energy Services Inc.
• National Oilwell Varco
• Halliburton Company
• Schlumberger Limited
• Strata Energy Services Inc.
• Weatherford International Limited.
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Research Methodology
5
• Annual Reports / Fact Book
• Company Websites
• Magazines / Publications
• Press Releases & Journals
• Industry News
• Association Articles
• Government Documents
• Social Media
• Others
• Robust database across value chain
• In-house industry veterans as
advisors
• Project based subject matter experts
• Industry Players
• Industry Experts
• Suppliers
• Customers
• Associations
• Government Institutions
• Others
Data Triangulation (Data Evaluation and Multiple Data Triangulation)
Final Deliverables (Final Report with All Findings)
Secondary Research
Stratview Research Internal
Knowledgebase
Primary Research
Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of
data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market.
Data Analysis (Top Down and Bottom Up Approach)
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Report Features
6
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it
offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision
making for the existing market players as well as those willing to enter the market. The following are the key features of
the report:
• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.
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Market Segmentation
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By Technology Type
• Constant Bottom Hole Pressure (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Mud Cap Drilling (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Dual Gradient Drilling (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Return Flow Control Drilling (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By Application Type
• Onshore (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Offshore (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By Region
• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
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About Stratview Research
8
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