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Downhole Fishing Equipment Market - Top Companies and Manufacturers

  • Report ID: 5369
  • Published Date: Aug 02, 2024
  • Report Format: PDF, PPT
  1. An Outline of the Global Downhole Fishing Equipment Market
    1. Market Definition
    2. Market Segmentation
    3. Product Overview
  2. Assumptions & Abbreviations
  3. Research Methodology & Approach
    1. Research Process
    2. Primary Research
      1. Manufacturers/Service Providers
      2. Suppliers/ Distributors
      3. End Users
    3. Secondary Research
    4. Market Size Estimation
  4. Summary of the Report for Key Decision Makers
  5. Forces of Market Constituents
    1. Factors/drivers impacting the growth of the market
    2. Market trends for better business practices
  6. Key Market Opportunities for Business Growth
  7. Major Roadblocks for the Market Growth
  8. Decarbonization Strategy and Carbon Credit Benefits for Market Players
    1. Global Government Decarbonization Plans/Goals by Each Country under 2015 Agreement Agreed by 200 Countries
    2. Measures taken by Countries to Reduce Carbon Footprints
    3. Carbon Credits and Subsidy Plans/Benefits Rolled out by the Government for Market Players
    4. Effective Ways to Harness Carbon-Credits and Impact on Profit Margins
    5. Demand Impact on the Companies Opting for Carbon Credits
  9. Government Regulation: How they would aid business?
  10. Technology Transition and Adoption Analysis
  11. Industry Risk Analysis
  12. Global Economic Outlook: Challenges for Global Recovery and its Impact on Global Downhole Fishing Equipment Market
    1. Ukraine-Russia crisis
    2. Potential US economic slowdown
  13.  Impact of Recession in the Global Economy
  14. Industry Pricing Benchmarking and Analysis
  15. Industry Growth Outlook
  16. Industry Supply Chain Analysis
  17. Analysis on the Oil & Gas Sector and Demand for Fishing Equipment
  18. Porter’s Five Forces Analysis
  19. Analysis on Application and Running Parameters for Mills
  20. Analysis on Case Study
  21. Company-wise Product Feature Analysis
  22. Analysis on the Future Trends in the Downhole Tool Industry
  23. Competitive Positioning: Strategies to Differentiate a Company From its Competitor
  24. Competitive Model: A Detailed Inside View for Investors
    1. Company Market Share (2022)
    2. Business Profile of Key Enterprise
      1. SHANDONG SAIGAO GROUP CORPORATION
      2. Tobitem DownHole Solutions
      3. Innovex
      4. DOSCO
      5. Wenzel Downhole Tools
      6. SLB
      7. Coil Solutions, Inc.
      8. Halliburton
      9. Baker Hughes Company
      10. NOV Inc.
      11. Weatherford
      12. Wellbore Integrity Solutions
      13. Other major players
  25. Global Downhole Fishing Equipment Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Thousand Units), and Compound Annual Growth Rate (CAGR)
    3. Growth Factors, Future Trends, and Recent Developments in the Downhole Fishing Tool Industry
    4. Year-on-Year (YoY) Growth Trend Analysis
      1. Global Downhole Fishing Equipment Market Valuation, Business Viewpoint, and Forecast by Offering, 2023-2036
        1. Solution, Market Value (USD Million) and CAGR, 2023-2036F
        2. Services, Market Value (USD Million) and CAGR, 2023-2036F
      2. Global Downhole Fishing Equipment Market Valuation, Business Viewpoint, and Forecast by Product Type, 2023-2036
        1. Sub-segmented by Internal and External Cutting Tools, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          1. Hydraulic External Cutters, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          2. Multi String Cutter, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          3. Inside Hydraulic Cutter, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          4. Others, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        2. Sub-segmented by Internal Catch Tools, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          1. Fishing Spears, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          2. Taper Tap, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          3. Packer Retrievers, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend,2023-2036F
          4. Others, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        3. Sub-segmented by External Catch Tools, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        4. Overshot, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        5. Box Tap/ Die Collar, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        6. Others, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        7. Sub-segmented by Milling, Drilling & Washover Tools, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          1. Cone Buster Mill, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          2. Pilot Mill, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          3. Economill / Cement Mill, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          4. Drive Subs, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          5. Rotary Shoe, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          6. Others, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        8. Sub-Segmented by Junk Retrieval Tool, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          1. Ditch Magnet, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          2. Junk Magnet, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          3. Others, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        9. Cutting & Underreaming Tools, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        10. Connectors & Disconnects, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        11. Handling Tools, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        12. Sub-segmented by Remedial & Repair Tools, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          1. Casing & Tubing Patches, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          2. Rollers & Scrapers, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        13. Impacting Tools, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        14. Wash & Jetting Equipment, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        15. Accessory Tools, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        16. Others, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
      3. Global Downhole Fishing Equipment Market Outlook & Projections, Opportunity Assessment by Deployment, 2023-2036
        1. Onshore, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
        2. Offshore, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
      4. Global Downhole Fishing Equipment Market Demand Outlook & Projections, Market Performance by Geography, 2022 to 2035
        1. Market Overview
        2. Market Revenue by Value (USD Million), Volume (Thousand Units) and Compound Annual Growth Rate (CAGR)
        3. Year-on-Year (Y-o-Y) Growth Comparative Analysis
          1. North America
          2. Mexico
          3. Rest of World
  26. Cross Analysis of Offering w.r.to. Deployment (USD Million), 2022
  27. North America Downhole Fishing Equipment Market Outlook & Projections, Opportunity Assessment, 2022 to 2035
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Thousand Units), and Compound Annual Growth Rate (CAGR)
    3. Growth Factors, Future Trends, and Recent Developments in the Downhole Fishing Tool Industry
    4. Year-on-Year (Y-o-Y) Growth Trend Analysis
      1. North America Downhole Fishing Equipment Market Valuation, Business Viewpoint, and Forecast by Offering, 2023-2036
        1. Solution, Market Value (USD Million) and CAGR, 2023-2036F
        2. Services, Market Value (USD Million) and CAGR, 2023-2036F
      2. North America Downhole Fishing Equipment Market Valuation, Business Viewpoint, and Forecast by Product Type, 2023-2036
        1. Sub-segmented by Internal and External Cutting Tools, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          1. Hydraulic External Cutters, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          2. Multi String Cutter, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          3. Inside Hydraulic Cutter, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          4. Others, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        2. Sub-segmented by Internal Catch Tools, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          1. Fishing Spears, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          2. Taper Tap, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          3. Packer Retrievers, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend,2023-2036F
          4. Others, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        3. Sub-segmented by External Catch Tools, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        4. Overshot, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        5. Box Tap/ Die Collar, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        6. Others, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        7. Sub-segmented by Milling, Drilling & Washover Tools, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          1. Cone Buster Mill, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          2. Pilot Mill, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          3. Economill / Cement Mill, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          4. Drive Subs, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          5. Rotary Shoe, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          6. Others, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        8. Sub-Segmented by Junk Retrieval Tool, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          1. Ditch Magnet, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          2. Junk Magnet, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          3. Others, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        9. Cutting & Underreaming Tools, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        10. Connectors & Disconnects, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        11. Handling Tools, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        12. Sub-segmented by Remedial & Repair Tools, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          1. Casing & Tubing Patches, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
          2. Rollers & Scrapers, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        13. Impacting Tools, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        14. Wash & Jetting Equipment, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        15. Accessory Tools, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        16. Others, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
      3. North America Downhole Fishing Equipment Market Outlook & Projections, Opportunity Assessment by Deployment, 2023-2036
        1. Onshore, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
        2. Offshore, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
      4. North America Downhole Fishing Equipment Market Outlook & Projections, Opportunity Assessment by Country, 2023-2036
        1. US, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
        2. Canada, Market Value (USD Million), Volume (Thousand Units) CAGR & Y-o-Y Growth Trend, 2023-2036F
  28. US Downhole Fishing Equipment Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Thousand Units), and Compound Annual Growth Rate (CAGR)
    3. Growth Factors, Future Trends, and Recent Developments in the Downhole Fishing Tool Industry
    4. Year-on-Year (YoY) Growth Trend Analysis
      1. US Downhole Fishing Equipment Market Valuation, Business Viewpoint, and Forecast by Offering, 2023-2036
      2. US Downhole Fishing Equipment Market Valuation, Business Viewpoint, and Forecast by Product Type, 2023-2036
      3. US Downhole Fishing Equipment Market Outlook & Projections, Opportunity Assessment by Deployment, 2023-2036
  29. Canada Downhole Fishing Equipment Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Thousand Units), and Compound Annual Growth Rate (CAGR)
    3. Growth Factors, Future Trends, and Recent Developments in the Downhole Fishing Tool Industry
    4. Year-on-Year (YoY) Growth Trend Analysis
      1. Canada Downhole Fishing Equipment Market Valuation, Business Viewpoint, and Forecast by Offering, 2023-2036
      2. Canada Downhole Fishing Equipment Market Valuation, Business Viewpoint, and Forecast by Product Type, 2023-2036
      3. Canada Downhole Fishing Equipment Market Outlook & Projections, Opportunity Assessment by Deployment, 2023-2036
  30. Mexico Downhole Fishing Equipment Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Thousand Units), and Compound Annual Growth Rate (CAGR)
    3. Growth Factors, Future Trends, and Recent Developments in the Downhole Fishing Tool Industry
    4. Year-on-Year (YoY) Growth Trend Analysis
      1. Mexico Downhole Fishing Equipment Market Valuation, Business Viewpoint, and Forecast by Offering, 2023-2036
      2. Mexico Downhole Fishing Equipment Market Valuation, Business Viewpoint, and Forecast by Product Type, 2023-2036
    5. Mexico Downhole Fishing Equipment Market Outlook & Projections, Opportunity Assessment by Deployment, 2023-2036
  31. Rest of World Downhole Fishing Equipment Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Thousand Units), and Compound Annual Growth Rate (CAGR)
    3. Growth Factors, Future Trends, and Recent Developments in the Downhole Fishing Tool Industry
    4. Year-on-Year (YoY) Growth Trend Analysis
      1. Rest of World Downhole Fishing Equipment Market Valuation, Business Viewpoint, and Forecast by Offering, 2023-2036
      2. Rest of World Downhole Fishing Equipment Market Valuation, Business Viewpoint, and Forecast by Product Type, 2023-2036
      3. Rest of World Downhole Fishing Equipment Market Outlook & Projections, Opportunity Assessment by Deployment, 2023-2036

 

Companies Dominating the Downhole Fishing Equipment Market

    • Shandong Saigao Group Corporation
      • Company Overview 
      • Business Strategy 
      • Key Product Offerings  
      • Financial Performance 
      • Key Performance Indicators 
      • Risk Analysis 
      • Recent Development 
      • Regional Presence 
      • SWOT Analysis
    • Tobitem DownHole Solutions
    • Innovex
    • DOSCO Co Ltd.
    • Wenzel Downhole Tools
    • SLB
    • Coil Solutions, Inc.
    • Halliburton Company
    • Baker Hughes Company
    • NOV Inc.
Browse Key Market Insights with Data Illustration:

In the News

  • April 28, 2020: DOSCO announces new cooperation agreement in Norway with Innovar Solutions. After meeting with company representatives in 2019, both companies agreed that cooperation would be mutually beneficial. Dosco is confident that this new partnership agreement will be a significant step forward in providing the best tools available.
  •  September 4, 2023: Venture Global LNG announces long-term expansion plan to expand LNG export capacity from 70 million tonnes per annum (MTPA) to over 100 MTPA. To support this effort, Venture Global and Baker Hughes have signed an Enhanced Major Equipment Supply Agreement to provide additional liquefaction transmission systems and islanding systems for Venture Global's future LNG export projects. With Venture Global CEO Mike Sabel and Baker Hughes Chairman and CEO Lorenzo Simonelli in attendance, the expansion deal was announced on the sidelines of Gastech in Singapore.

Author Credits:  Dhruv Bhatia


  • Report ID: 5369
  • Published Date: Aug 02, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of downhole fishing equipment is evaluated at USD 1.35 Billion.

The downhole fishing equipment market size was valued at USD 1.28 Billion in 2023 and is anticipated to exceed USD 2.63 Billion by the end of 2036, expanding at over 5.7% CAGR during the forecast period i.e., between 2024-2036. The major factors driving the growth of the market are surge in utilization in oil & gas sector, growing technological advancements and increasing product launches, partnerships and new developments by market players.

North America industry is poised to dominate 43% revenue share by 2036, driven by growing need for efficient drilling operations in the region.

Shandong Saigao Group Corporation, Tobitem DownHole Solutions, Innovex, DOSCO Co Ltd., Wenzel Downhole Tools, SLB, Coil Solutions, Inc., Halliburton Company, Baker Hughes Company, NOV Inc.
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