1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Market Trends

Global Oil and Gas Fishing Tools Market 2015-2019

  • November 2015
  • 98 pages
  • Infiniti Research Limited
Report ID: 3424004

Summary

Table of Contents

Search Inside

Global Oil and Gas Fishing Tools Market 2015-2019
Covering: This market research provides a detailed analysis and segmentation of the global oil and gas fishing tools market by tool type (internal & external catching, milling tools, jarring assemblies, junk baskets, accessories, remedial and repair, washover, drillpipe and casing cutters, safety joints, and reverse units and power swivels), by application (onshore and offshore), and by geography (EMEA, APAC, and the Americas). Key Vendors are Baker Hughes, Halliburton, National Oilwell Varco, Schlumberger, and Weatherford International.
Market outlook of the global oil and gas fishing tools market
Technavio market research analysts estimate the global oil and gas fishing tools market to show moderate growth during the forecast period. Much of this growth can be attributed to the growing exploration and production (E&P) activities, which is driven by the escalating demand for energy from across the globe. Also, the recent increase in offshore drilling and completion activities is envisaged to result in this market’s healthy revenue generation capacity of around USD 4 billion by 2019.
Geographically, the Americas are expected to account for more than 59% of the total market share by 2019. The completion of unconventional oil and gas resources coupled with the rise in exploration of deep and ultra-deep water reserves that are commercially and economically viable are some of the major factors that incite market growth in this region during the forecast period.
Segmentation by tool type and analysis of the oil and gas fishing tools market
- Internal & external catching
- Milling tools
- Jarring assemblies
- Junk baskets
- Accessories
- Remedial and repair
- Washover
- Drillpipe and casing cutters
- Safety joints
- Reverse units and power swivels
In this market research report, Technavio analysts estimate the internal and external catching segment to dominate over all the other segments during the forecast period. This segment is envisaged to account for more than 21% of the total market share by 2019 and is heavily influenced by factors like the recent increase in drilling and well completion activities.
Application-based segmentation of the oil and gas fishing tools market
- Offshore
- Onshore
Technavio’s market research analyst estimates the onshore segment to be the largest market segment during the forecast period. The prospects for growth in this segment are driven by factors like the increasing focus on unconventional reserves like shale gas and tar sands reservoirs, which results in its impressive market share of more than 65% by 2019.
Competitive landscape and key vendors
This market is estimated to grow at a steady pace during the forecast period and consists of numerous vendors due to its high-growth potential. The launch of new products by the local vendors is estimated to intensify the level of competition in this market as they offer advantages like product customization features. Also, it has been estimated that the companies that have a strong financial standing and substantial technical expertise are expected to gain maximum traction in this market during the forecast period.
Key Vendors in this market are -
- Baker Hughes
- Halliburton
- National Oilwell Varco
- Schlumberger
- Weatherford International
Other prominent vendors analyzed in this market research are Bilco Tools, Logan Oil Tools, Magnum Oil Tool International, Oil Tools International Services Private, Schoeller Bleckmann Oilfield Equipment, and Wenzel Downhole Tools.
Key questions answered in the report include

- What will the market size and the growth rate be in 2019?
- What are the key factors driving the global oil and gas fishing tools market?
- What are the key market trends impacting the growth of the global oil and gas fishing tools market?
- What are the challenges to market growth?
- Who are the key vendors in the global oil and gas fishing tools market?
- What are the market opportunities and threats faced by the vendors in the global oil and gas fishing tools market?
- Trending factors influencing the market shares of the EMEA, Americas, and APAC?
- What are the key outcomes of the five forces analysis of the global oil and gas fishing tools market?

Technavio also offers customization on reports based on specific client requirement.


Related reports
- Global Gas and Oil Drill Bits Industry - Market Research 2015-2019
- Global Downhole Drilling Tools Market 2015-2019
- Global Offshore Drilling Market 2014-2018
- Drill Pipe Market in the Middle East 2015-2019

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Terminal Automation Market by Offering, Software & Services,Project Type, Vertical and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • April 2017
  • by MarketsandMarkets

“The terminal automation market is projected to grow at a CAGR of 5.15% between 2017 and 2022” The terminal automation market was valued at USD 3.82 billion in 2016 and is expected to reach USD 5.21 ...

Cenospheres Market by Type, End-use Industry, and Region - Global Forecasts to 2022

  • $ 5650
  • Industry report
  • April 2017
  • by MarketsandMarkets

“The cenospheres market is projected to reach USD 689.2 million by 2022” The global cenospheres market was valued at USD 346.8 million in 2016 and is projected to reach USD 689.2 million by 2022, at ...

Oilfield Services Market by Application, Service, and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • May 2017
  • by MarketsandMarkets

“The oilfield services market is projected to grow at a CAGR of 3.35%, from 2017 to 2022.” The oilfield services market is projected to reach USD 125.51 billion by 2022, at a CAGR of 3.35%, from 2017 ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.