Product Code: MRFR/E&P/8537-CR
Market Overview
The oil and gas Fishing Market is anticipated to register a CAGR of 4.85% during the review period. The essential power behind the development of the oil and gas fishing market overall is the Rising penetrating exercises. In the oil and gas industry, the expression "fishing" normally alludes to a course of recovering items or hardware that become stuck or lost in a wellbore or penetrating opening. There are four sorts of items to be specific overshots and lances, processing apparatuses, fishing containers, and packaging cutters. By application, the objective market is portioned into coastal and seaward.
The rising penetrating movement and related demand for energy are the key drivers driving the overall oil and gas fishing business sector's development. Moreover, as raw petroleum investigation progresses, the quantity of wellbore obstructions has expanded. Penetrating hardware caught things, and drill string parts are instances of wellbore deterrents. Accordingly, the market for oil and gas fishing is probably going to ascend as the quantity of wellbore impediments increases. In addition, rising demand for good upkeep and expansion in demand for investigation and creation exercises all over the planet will additionally set out new open doors for the oil and gas fishing market in the conjecture time of 2023 - 2030. Expanding penetrating exercises, particularly in seaward regions, add to the investigation and creation of oil. As new penetrating ventures are embraced and existing ones are expanded, it prompts the disclosure and extraction of oil saves. This helps satisfy the developing global need for oil-based goods, including unrefined petroleum, gasoline, diesel, and avionics fuel. The expanded oil creation coming about because of penetrating exercises keeps up with or improves the global oil supply.
Market Segmentation
The Oil & Gas Fishing Market segmentation, based on product has been segmented as overshots & spears, milling tools, fishing jars, and casing cutters.
The Oil and gas Fishing Market segmentation, based on application, the market is segmented as onshore and offshore.
Regional Insights
North America is expected to rule the Oil and Gas Fishing Business sector over the estimated period. North America has immense stores of oil and gas assets, especially in nations like the US and Canada. The region's critical hydrocarbon saves require broad investigation, boring, and creation exercises, expanding the demand for fishing activities to recover lost or stuck gear. Moreover, North America has been at the bleeding edge of mechanical progressions in the oil and gas industry. The region has seen a turn of events and arrangement of imaginative fishing instruments, methods, and hardware. These progressions improve the proficiency and adequacy of fishing activities, drawing in global demand for North American fishing advances.
Major Players
Some of the key players operating in the oil and gas fishing market are Archer Ltd. (Bermuda), Ardyne Technologies (Scotland), Mustang Services (France), Bilco Tools (United States), Tasman Oil Tools (Australia), Heat Group (Austria), Wenzel Downhole Tools Ltd. (WZL) (Canada), Baker Huges (United States), Expro Holdings (United States), and National Oilwell Varco, Inc. (United States).
TABLE OF CONTENTS
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
- 1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 GLOBAL OIL & GAS FISHING MARKET, BY PRODUCT
- 1.1.2 GLOBAL OIL & GAS FISHING MARKET, BY APPLICATION
- 1.1.3 GLOBAL OIL & GAS FISHING MARKET, BY REGION
2 MARKET INTRODUCTION
- 2.1 DEFINITION
- 2.2 SCOPE OF THE STUDY
- 2.3 RESEARCH OBJECTIVE
- 2.4 MARKET STRUCTURE
- 2.5 KEY BUYING CRITERIA
3 RESEARCH METHODOLOGY
- 3.1 RESEARCH PROCESS
- 3.2 PRIMARY RESEARCH
- 3.3 SECONDARY RESEARCH
- 3.4 MARKET SIZE ESTIMATION
- 3.5 FORECAST MODEL
- 3.6 LIST OF ASSUMPTIONS & LIMITATIONS
4 MARKET DYNAMICS
- 4.1 INTRODUCTION
- 4.2 DRIVERS
- 4.2.1 INCREASING DRILLING ACTIVITIES
- 4.2.2 GROWING DEMAND FOR ENERGY
- 4.2.3 DRIVERS IMPACT ANALYSIS
- 4.3 RESTRAINT
- 4.3.1 REQUIREMENT FOR SKILLED LABORS TO INCREASE EFFICIENCY OF FISHING SERVICES
- 4.3.2 RESTRAINT IMPACT ANALYSIS
- 4.4 OPPORTUNITIES
- 4.4.1 RISING NUMBER OF WELLBORE BARRIERS
5 MARKET FACTOR ANALYSIS
- 5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL
- 5.1.2 MANUFACTURING
- 5.1.3 DISTRIBUTION & SALES CHANNEL
- 5.1.4 END USER APPICATIONS
- 5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 BARGAINING POWER OF BUYERS
- 5.2.4 THREAT OF SUBSTITUTES
- 5.2.5 INTENSITY OF RIVALRY
- 5.3 IMPACT OF THE COVID-19 OUTBREAK ON GLOBAL OIL & GAS FISHING MARKET
- 5.3.1 ECONOMIC IMPACT
- 5.3.2 IMPACT ON OIL & GAS INDUSTRY
- 5.3.3 IMPACT ON SUPPLY CHAIN
- 5.3.3.1 PRICE VARIATION OF KEY RAW MATERIALS
- 5.3.3.2 PRODUCTION SHUTDOWN
- 5.3.3.3 CASH FLOW CONSTRIANTS
- 5.3.3.4 IMPACT ON IMPORT/EXPORT
- 5.3.4 IMPACT ON MARKET DEMAND OF OIL & GAS FISHING MARKET
- 5.3.4.1 IMPACT ON DUE TO RESTRICTIONS/LOCKDOWN
- 5.3.4.2 CONSUMER SENTIMENTS
- 5.3.5 IMPACT ON PRICING OF OIL & GAS FISHING MARKET
6 GLOBAL OIL & GAS FISHING MARKET, BY PRODUCT
- 6.1 OVERVIEW
- 6.1.1 GLOBAL OIL & GAS FISHING MARKET ESTIMATES & FORECAST, BY PRODUCT, 2018-2030 (USD MILLION)
- 6.2 OVERSHOTS & SPEARS
- 6.2.1 OVERSHOTS & SPEARS: MARKET ESTIMATES & FORECAST, BY REGION, 2018-2030 (USD MILLION)
- 6.3 MILLING TOOLS
- 6.3.1 MILLING TOOLS: MARKET ESTIMATES & FORECAST, BY REGION, 2018-2030 (USD MILLION)
- 6.4 FISHING JARS
- 6.4.1 FISHING JARS: MARKET ESTIMATES & FORECAST, BY REGION, 2018-2030 (USD MILLION)
- 6.5 CASING CUTTERS
- 6.5.1 CASING CUTTERS: MARKET ESTIMATES & FORECAST, BY REGION, 2018-2030 (USD MILLION)
7 GLOBAL OIL & GAS FISHING MARKET, BY APPLICATION
- 7.1 OVERVIEW
- 7.1.1 GLOBAL OIL & GAS FISHING MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION)
- 7.2 ONSHORE
- 7.2.1 ONSHORE: MARKET ESTIMATES & FORECAST, BY REGION, 2018-2030 (USD MILLION)
- 7.3 OFFSHORE
- 7.3.1 OFFSHORE: MARKET ESTIMATES & FORECAST, BY REGION, 2018-2030 (USD MILLION)
8 GLOBAL OIL & GAS FISHING MARKET, BY REGION
- 8.1 OVERVIEW
- 8.1.1 GLOBAL OIL & GAS FISHING MARKET ESTIMATES & FORECAST, BY REGION, 2018-2030 (USD MILLION)
- 8.2 NORTH AMERICA
- 8.2.1 US
- 8.2.2 CANADA
- 8.2.3 MEXICO
- 8.3 EUROPE
- 8.3.1 GERMANY
- 8.3.2 FRANCE
- 8.3.3 UK
- 8.3.4 RUSSIA
- 8.3.5 ITALY
- 8.3.6 SPAIN
- 8.3.7 REST OF EUROPE
- 8.4 ASIA-PACIFIC
- 8.4.1 CHINA
- 8.4.2 INDIA
- 8.4.3 JAPAN
- 8.4.4 SOUTH KOREA
- 8.4.5 INDONESIA
- 8.4.6 REST OF ASIA-PACIFIC
- 8.5 MIDDLE EAST & AFRICA
- 8.5.1 SAUDI ARABIA
- 8.5.2 UAE
- 8.5.3 SOUTH AFRICA
- 8.5.4 REST OF THE MIDDLE EAST & AFRICA
- 8.6 SOUTH AMERICA
- 8.6.1 BRAZIL
- 8.6.2 ARGENTINA
- 8.6.3 REST OF SOUTH AMERICA
9 COMPETITIVE LANDSCAPE
- 9.1 INTRODUCTION
- 9.2 COMPETITORS DASHBOARD:
- 9.3 MAJOR GROWTH STRATEGIES IN THE GLOBAL OIL & GAS FISHING MARKET
- 9.3.1 MARKET STRATEGY ANALYSIS
- 9.4 COMPETITIVE BENCHMARKING
- 9.5 COMPETITORS DASHBOARD: THE LEADING PLAYER IN TERMS OF NUMBER OF DEVELOPMENTS IN GLOBAL OIL & GAS FISHING MARKET
- 9.6 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 9.6.1 CONTRACTS & AGREEMENTS
- 9.6.2 MERGERS & ACQUISITIONS
- 9.6.3 NEW PRODUCT DEVELOPMENT
- 9.6.4 EXPANSIONS & INVESTMENTS
10 COMPANY PROFILES (EQUIPMENT MANUFACTURERS)
- 10.1 ARCHER LTD
- 10.1.1 COMPANY OVERVIEW
- 10.1.2 FINANCIAL OVERVIEW
- 10.1.3 PRODUCTS OFFERED
- 10.1.4 KEY DEVELOPMENTS
- 10.1.5 SWOT ANALYSIS
- 10.1.6 KEY STRATEGIES
- 10.2 ARDYNE TECHNOLOGIES
- 10.2.1 COMPANY OVERVIEW
- 10.2.2 FINANCIAL OVERVIEW
- 10.2.3 PRODUCTS OFFERED
- 10.2.4 KEY DEVELOPMENTS
- 10.2.5 SWOT ANALYSIS
- 10.2.6 KEY STRATEGIES
- 10.3 MUSTANG SERVICES
- 10.3.1 COMPANY OVERVIEW
- 10.3.2 FINANCIAL OVERVIEW
- 10.3.3 PRODUCTS OFFERED
- 10.3.4 KEY DEVELOPMENTS
- 10.3.5 SWOT ANALYSIS
- 10.3.6 KEY STRATEGIES
- 10.4 BILCO TOOLS
- 10.4.1 COMPANY OVERVIEW
- 10.4.2 FINANCIAL OVERVIEW
- 10.4.3 PRODUCTS OFFERED
- 10.4.4 KEY DEVELOPMENTS
- 10.4.5 SWOT ANALYSIS
- 10.4.6 KEY STRATEGIES
- 10.5 TASMAN OIL TOOLS
- 10.5.1 COMPANY OVERVIEW
- 10.5.2 FINANCIAL OVERVIEW
- 10.5.3 PRODUCTS OFFERED
- 10.5.4 KEY DEVELOPMENTS
- 10.5.5 SWOT ANALYSIS
- 10.5.6 KEY STRATEGIES
- 10.6 HEAT GROUP
- 10.6.1 COMPANY OVERVIEW
- 10.6.2 FINANCIAL OVERVIEW
- 10.6.3 PRODUCTS OFFERED
- 10.6.4 KEY DEVELOPMENTS
- 10.6.5 SWOT ANALYSIS
- 10.6.6 KEY STRATEGIES
- 10.7 WENZEL DOWNHOLE TOOLS LTD. (WZL)
- 10.7.1 COMPANY OVERVIEW
- 10.7.2 FINANCIAL OVERVIEW
- 10.7.3 PRODUCTS OFFERED
- 10.7.4 KEY DEVELOPMENTS
- 10.7.5 SWOT ANALYSIS
- 10.7.6 KEY STRATEGIES
- 10.8 BAKER HUGHES
- 10.8.1 COMPANY OVERVIEW
- 10.8.2 FINANCIAL OVERVIEW
- 10.8.3 PRODUCTS OFFERED
- 10.8.4 KEY DEVELOPMENTS
- 10.8.5 SWOT ANALYSIS
- 10.8.6 KEY STRATEGIES
- 10.9 EXPRO GROUP HOLDINGS NV (XPRO)
- 10.9.1 COMPANY OVERVIEW
- 10.9.2 FINANCIAL OVERVIEW
- 10.9.3 PRODUCTS OFFERED
- 10.9.4 KEY DEVELOPMENTS
- 10.9.5 SWOT ANALYSIS
- 10.9.6 KEY STRATEGIES
- 10.10 NATIONAL OILWELL VARCO, INC
- 10.10.1 COMPANY OVERVIEW
- 10.10.2 FINANCIAL OVERVIEW
- 10.10.3 PRODUCTS OFFERED
- 10.10.4 KEY DEVELOPMENTS
- 10.10.5 SWOT ANALYSIS
- 10.10.6 KEY STRATEGIES
11 COMPANY PROFILES (EQUIPMENT MANUFACTURERS & SERVICE PROVIDERS)
- 11.1 HALLIBURTON COMPANY
- 11.1.1 COMPANY OVERVIEW
- 11.1.2 FINANCIAL OVERVIEW
- 11.1.3 SERVICES/PRODUCTS OFFERED
- 11.1.4 KEY DEVELOPMENTS
- 11.1.5 SWOT ANALYSIS
- 11.1.6 KEY STRATEGIES
- 11.2 WELLBORE INTEGRITY SOLUTIONS LLC
- 11.2.1 COMPANY OVERVIEW
- 11.2.2 FINANCIAL OVERVIEW
- 11.2.3 SERVICES/PRODUCTS OFFERED
- 11.2.4 KEY DEVELOPMENTS
- 11.2.5 SWOT ANALYSIS
- 11.2.6 KEY STRATEGIES
12 COMPANY PROFILES (SERVICE PROVIDERS)
- 12.1 ODFJELL DRILLING LTD.
- 12.1.1 COMPANY OVERVIEW
- 12.1.2 FINANCIAL OVERVIEW
- 12.1.3 SERVICES OFFERED
- 12.1.4 KEY DEVELOPMENTS
- 12.1.5 SWOT ANALYSIS
- 12.1.6 KEY STRATEGIES
- 12.2 CHINA OILFIELD SERVICES
- 12.2.1 COMPANY OVERVIEW
- 12.2.2 FINANCIAL OVERVIEW
- 12.2.3 SERVICES OFFERED
- 12.2.4 KEY DEVELOPMENTS
- 12.2.5 SWOT ANALYSIS
- 12.2.6 KEY STRATEGIES
- 12.3 WEATHERFORD INTERNATIONAL
- 12.3.1 COMPANY OVERVIEW
- 12.3.2 FINANCIAL OVERVIEW
- 12.3.3 SERVICES OFFERED
- 12.3.4 KEY DEVELOPMENTS
- 12.3.5 SWOT ANALYSIS
- 12.3.6 KEY STRATEGIES
13 REFERENCES