Global hole opener for oil & gas market is projected to register CAGR growth in the forecast years, 2023-2027 on the account of growth factors like increasing demand for oil & gas. Surging demand for better equipment and more efficient methods for oil excavation further drives the future growth of the global hole opener for oil & gas market in the upcoming five years. Oil and gas industry is ever growing and satisfying the growing needs for the non-renewable resource substantiates the market growth along with the concerns toward exhausting resource reservoirs.

Hole opener is a drilling rig equipment utilized during oil drilling to enlarge the borehole. The equipment is either placed above the drill bit itself or above the pilot run inside the existing borehole. Majorly, the purpose of using the hole opener is to create more space for other drilling equipment to be inserted in the rig or for more efficient excavation of the oil & slurry from the particular rig. In other terms, the use of hole opener is done for hydrocarbon drilling operations, hydraulic drilling, and horizontal drilling. The hole opener is available in various designs depending on the kind of rigs they are utilized in. Sizes of the hole opener varies from couple inches to 50 inches.

Demand For Oil Drives Market Growth

Rapidly increasing demand for the oil and gas in various industries including automotive industry and consumer demand for their energy utilization drives the growth of the global hole opener for oil & gas market in the upcoming five years. Also, increased production of oil to compensate the increasing demand is also supporting the growth of the global hole opener for oil & gas market in the next five years. According to the BP Statistical Review Of World Energy, 2021 total oil production on a global level in the year 2020 was recorded to be 4165.1 million tonnes, out of which the United States accounted for 712.7 million tonnes of oil in 2020.

Same report also mentions that with large quantities of oil production, global oil consumption recorded in the year 2020 was 88,477 thousand barrels per day. These data confirm the demand for the efficient drilling equipment. Also, sophisticated drilling equipment usage for the oil production can not be replaced or compensated by any alternatives, thus demand for such highly specific nature equipment further substantiates the growth of the global hole opener for oil & gas market in the future five years.


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Market Segmentation

The global hole opener for oil & gas market segmentation is based on type, well type, product type, location, regional distribution, and competitive landscape. Based on type, the market is divided between fixed diameter and under-reamers. Based on well type, the market is further differentiated between horizontal and vertical. Product type segment of the market is also fragmented into fabricated, integral, and small rig hole openers (SRHO). Based on location the market is again bifurcated into offshore and onshore location. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific region, North American region, European region, South American region, and Middle East & African region.

Company Profile

Superior Energy Services, Transco Manufacturing Australia Private Limited, Schlumberger Limited, Hole Opener Corporation, Drill King International, Tasman Oil Tools, Halliburton Company, Baker Hughes, are enlisted in a partial list of major market players of the global hole opener for oil & gas market.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Type

·         Well Type

·         Product Type

·         Location

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea, Australia, Singapore, Malaysia, Germany, France, United Kingdom, Spain, Italy, Poland, Denmark, South Africa, UAE, Saudi Arabia, Iraq, Turkey, Brazil, Argentina, Colombia, Peru, Chile

Key companies profiled

Superior Energy Services, Transco Manufacturing Australia Private Limited, Schlumberger Limited, Hole Opener Corporation, Drill King International, Tasman Oil Tools, Halliburton Company, Baker Hughes

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global hole opener for oil & gas market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Hole Opener For Oil & Gas Market, By Type:
    • Fixed Diameter
    • Under-Reamers
  • Hole Opener For Oil & Gas Market, By Well Type:
    • Horizontal
    • Vertical
  • Hole Opener For Oil & Gas Market, By Product Type:
    • Fabricated
    • Integral
    • Small Rig Hole Openers (SRHO)
  • Hole Opener For Oil & Gas Market, By Location:
    • Offshore
    • Onshore
  • Hole Opener For Oil & Gas Market, By Region:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
      • Poland
      • Denmark
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Iraq
      • Turkey
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Peru
      • Chile

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global hole opener for oil & gas market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Hole Opener For Oil & Gas Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com  

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1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Hole Opener for Oil & Gas Market

4.    Executive Summary

5.    Voice of Customers

5.1.1.     Brand Awareness

5.1.2.     Factors Considered while Selecting a Supplier

5.1.3.     Customer Satisfaction Level

5.1.4.     Major Challenges Faced

6.    Overview on Hole Opener for Oil & Gas Rental Market

7.    Global Hole Opener for Oil & Gas Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Type (Fixed Diameter, Under-Reamers)

7.2.2.     By Well Type (Horizontal, Vertical)

7.2.3.     By Product Type (Fabricated, Integral, Small Rig Hole Openers (SRHO))

7.2.4.     By Location (Offshore, Onshore)

7.2.5.     By Region

7.2.6.     By Company

7.3.  Product Market Map

8.    North America Hole Opener for Oil & Gas Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Well Type

8.2.3.     By Product Type

8.2.4.     By Location

8.2.5.     By Country

8.3.  North America: Country Analysis

8.3.1.     United States Hole Opener for Oil & Gas Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value 

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Well Type

8.3.1.2.3.             By Product Type

8.3.1.2.4.             By Location

8.3.2.     Canada Hole Opener for Oil & Gas Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value 

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Well Type

8.3.2.2.3.             By Product Type

8.3.2.2.4.             By Location

8.3.3.     Mexico Hole Opener for Oil & Gas Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value 

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Well Type

8.3.3.2.3.             By Product Type

8.3.3.2.4.             By Location

9.    Asia-Pacific Hole Opener for Oil & Gas Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Well Type

9.2.3.     By Product Type

9.2.4.     By Location

9.2.5.     By Country

9.3.  Asia-Pacific: Country Analysis

9.3.1.     China Hole Opener for Oil & Gas Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value 

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By Well Type

9.3.1.2.3.             By Product Type

9.3.1.2.4.             By Location

9.3.2.     India Hole Opener for Oil & Gas Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value 

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By Well Type

9.3.2.2.3.             By Product Type

9.3.2.2.4.             By Location

9.3.3.     Japan Hole Opener for Oil & Gas Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value 

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By Well Type

9.3.3.2.3.             By Product Type

9.3.3.2.4.             By Location

9.3.4.     South Korea Hole Opener for Oil & Gas Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value 

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Type

9.3.4.2.2.             By Well Type

9.3.4.2.3.             By Product Type

9.3.4.2.4.             By Location

9.3.5.     Australia Hole Opener for Oil & Gas Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value 

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Type

9.3.5.2.2.             By Well Type

9.3.5.2.3.             By Product Type

9.3.5.2.4.             By Location

9.3.6.     Singapore Hole Opener for Oil & Gas Market Outlook

9.3.6.1.         Market Size & Forecast

9.3.6.1.1.             By Value 

9.3.6.2.         Market Share & Forecast

9.3.6.2.1.             By Type

9.3.6.2.2.             By Well Type

9.3.6.2.3.             By Product Type

9.3.6.2.4.             By Location

9.3.7.     Malaysia Hole Opener for Oil & Gas Market Outlook

9.3.7.1.         Market Size & Forecast

9.3.7.1.1.             By Value 

9.3.7.2.         Market Share & Forecast

9.3.7.2.1.             By Type

9.3.7.2.2.             By Well Type

9.3.7.2.3.             By Product Type

9.3.7.2.4.             By Location

10.  Europe Hole Opener for Oil & Gas Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Type

10.2.2.  By Well Type

10.2.3.  By Product Type

10.2.4.  By Location

10.2.5.  By Country

10.3.              Europe: Country Analysis

10.3.1.  Germany Hole Opener for Oil & Gas Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value 

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By Well Type

10.3.1.2.3.           By Product Type

10.3.1.2.4.           By Location

10.3.2.  United Kingdom Hole Opener for Oil & Gas Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value 

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By Well Type

10.3.2.2.3.           By Product Type

10.3.2.2.4.           By Location

10.3.3.  France Hole Opener for Oil & Gas Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value 

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By Well Type

10.3.3.2.3.           By Product Type

10.3.3.2.4.           By Location

10.3.4.  Italy Hole Opener for Oil & Gas Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value 

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By Type

10.3.4.2.2.           By Well Type

10.3.4.2.3.           By Product Type

10.3.4.2.4.           By Location

10.3.5.  Spain Hole Opener for Oil & Gas Market Outlook

10.3.5.1.      Market Size & Forecast

10.3.5.1.1.           By Value 

10.3.5.2.      Market Share & Forecast

10.3.5.2.1.           By Type

10.3.5.2.2.           By Well Type

10.3.5.2.3.           By Product Type

10.3.5.2.4.           By Location

10.3.6.  Poland Hole Opener for Oil & Gas Market Outlook

10.3.6.1.      Market Size & Forecast

10.3.6.1.1.           By Value 

10.3.6.2.      Market Share & Forecast

10.3.6.2.1.           By Type

10.3.6.2.2.           By Well Type

10.3.6.2.3.           By Product Type

10.3.6.2.4.           By Location

10.3.7.  Denmark Hole Opener for Oil & Gas Market Outlook

10.3.7.1.      Market Size & Forecast

10.3.7.1.1.           By Value 

10.3.7.2.      Market Share & Forecast

10.3.7.2.1.           By Type

10.3.7.2.2.           By Well Type

10.3.7.2.3.           By Product Type

10.3.7.2.4.           By Location

11.  South America Hole Opener for Oil & Gas Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Type

11.2.2.  By Well Type

11.2.3.  By Product Type

11.2.4.  By Location

11.2.5.  By Country

11.3.              South America: Country Analysis

11.3.1.  Brazil Hole Opener for Oil & Gas Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value 

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Type

11.3.1.2.2.           By Well Type

11.3.1.2.3.           By Product Type

11.3.1.2.4.           By Location

11.3.2.  Argentina Hole Opener for Oil & Gas Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value 

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Type

11.3.2.2.2.           By Well Type

11.3.2.2.3.           By Product Type

11.3.2.2.4.           By Location

11.3.3.  Colombia Hole Opener for Oil & Gas Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value 

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Type

11.3.3.2.2.           By Well Type

11.3.3.2.3.           By Product Type

11.3.3.2.4.           By Location

11.3.4.  Peru Hole Opener for Oil & Gas Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value 

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Type

11.3.4.2.2.           By Well Type

11.3.4.2.3.           By Product Type

11.3.4.2.4.           By Location

11.3.5.  Chile Hole Opener for Oil & Gas Market Outlook

11.3.5.1.      Market Size & Forecast

11.3.5.1.1.           By Value 

11.3.5.2.      Market Share & Forecast

11.3.5.2.1.           By Type

11.3.5.2.2.           By Well Type

11.3.5.2.3.           By Product Type

11.3.5.2.4.           By Location

12.  Middle East & Africa Hole Opener for Oil & Gas Market Outlook

12.1.              Market Size & Forecast

12.1.1.  By Value & Volume

12.2.              Market Share & Forecast

12.2.1.  By Type

12.2.2.  By Well Type

12.2.3.  By Product Type

12.2.4.  By Location

12.2.5.  By Country

12.3.              Middle East & Africa: Country Analysis

12.3.1.  Saudi Arabia Hole Opener for Oil & Gas Market Outlook

12.3.1.1.      Market Size & Forecast

12.3.1.1.1.           By Value 

12.3.1.2.      Market Share & Forecast

12.3.1.2.1.           By Type

12.3.1.2.2.           By Well Type

12.3.1.2.3.           By Product Type

12.3.1.2.4.           By Location

12.3.2.  South Africa Hole Opener for Oil & Gas Market Outlook

12.3.2.1.      Market Size & Forecast

12.3.2.1.1.           By Value 

12.3.2.2.      Market Share & Forecast

12.3.2.2.1.           By Type

12.3.2.2.2.           By Well Type

12.3.2.2.3.           By Product Type

12.3.2.2.4.           By Location

12.3.3.  UAE Hole Opener for Oil & Gas Market Outlook

12.3.3.1.      Market Size & Forecast

12.3.3.1.1.           By Value 

12.3.3.2.      Market Share & Forecast

12.3.3.2.1.           By Type

12.3.3.2.2.           By Well Type

12.3.3.2.3.           By Product Type

12.3.3.2.4.           By Location

12.3.4.  Iraq Hole Opener for Oil & Gas Market Outlook

12.3.4.1.      Market Size & Forecast

12.3.4.1.1.           By Value 

12.3.4.2.      Market Share & Forecast

12.3.4.2.1.           By Type

12.3.4.2.2.           By Well Type

12.3.4.2.3.           By Product Type