Managed Pressure Drilling Market
Managed Pressure Drilling Market Global Industry Assessment & Forecast
#
Pages:
145
2021
Nov - 2021
VMR-2021-0466
Segments Covered
By
Application Onshore, Offshore
-
By
Technology Constant Bottom Hole Pressure (CBHP), Mud Cap Drilling (MCD), Dual Gradient Drilling (DGD), Return Flow Control Drilling (RFCD)
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
4.80 Billion |
 Revenue 2028:
|
6.47 Billion |
 Revenue CAGR
(2021 - 2028): |
3.8 |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
FAQ
Frequently Asked Question
What is the global demand for Managed Pressure Drilling in terms of revenue?
-
The global Managed Pressure Drilling valued at 4.80 Billion in 2020 and is expected to reach 6.47 Billion in 2028 growing at a CAGR of 3.8%.
Which are the prominent players in the market?
-
The prominent players in the market are Weatherford International, Ensign Energy Services, AFGlobal, National Oilwell Varco, Oilserv, Schlumberger Limited, Nabors Industries Ltd., Beyond Energy, Enhanced Drilling Services, Air Drilling Associates Inc, Halliburton Inc..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 3.8% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Managed Pressure Drilling include
- The factors such as reduced size and intensity of kicks and influxes, lower mud weight requirement, and greater wellbore stability is anticipated to augment the growth of the market during the forecast period.
- The requirement of fewer well-control risks and safer drill sites is further expected to support the growth of the market in the years to come.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Managed Pressure Drilling in 2020.
