Global Sidetrack Drilling Supply, Demand and Key Producers, 2023-2029

Page: 105

Published Date: 01 Feb 2023

Category: Energy & Power

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

The global Sidetrack Drilling market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

Sidetracking is the drilling of a new lateral from an existing well that has poor or no productivity due to mechanical damage to the well or depleted hydrocarbons at that particular site. The original well bore in the no longer productive zone is plugged back and deviated or horizontal drilling is used to drill a new lateral wellbore to install a new productive well or access a nearby productive zone.

This report studies the global Sidetrack Drilling demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Sidetrack Drilling, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Sidetrack Drilling that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Sidetrack Drilling total market, 2018-2029, (USD Million)
Global Sidetrack Drilling total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: Sidetrack Drilling total market, key domestic companies and share, (USD Million)
Global Sidetrack Drilling revenue by player and market share 2018-2023, (USD Million)
Global Sidetrack Drilling total market by Type, CAGR, 2018-2029, (USD Million)
Global Sidetrack Drilling total market by Application, CAGR, 2018-2029, (USD Million)
This reports profiles major players in the global Sidetrack Drilling market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Baker Hughes Co., Equinor ASA, Eurasia Drilling, Halliburton, Nabors Industries, National Oilwell Varco, Odfjell Drilling, Schlumberger and Weatherford International plc, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Sidetrack Drilling market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Sidetrack Drilling Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Sidetrack Drilling Market, Segmentation by Type
Onshore
Offshore

Global Sidetrack Drilling Market, Segmentation by Application
Oil
Natural Gas
Others

Companies Profiled:
Baker Hughes Co.
Equinor ASA
Eurasia Drilling
Halliburton
Nabors Industries
National Oilwell Varco
Odfjell Drilling
Schlumberger
Weatherford International plc
Yantai Jereh Oilfield Services Group Co. Ltd.

Key Questions Answered
1. How big is the global Sidetrack Drilling market?
2. What is the demand of the global Sidetrack Drilling market?
3. What is the year over year growth of the global Sidetrack Drilling market?
4. What is the total value of the global Sidetrack Drilling market?
5. Who are the major players in the global Sidetrack Drilling market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 Sidetrack Drilling Introduction
    1.2 World Sidetrack Drilling Market Size & Forecast (2018 & 2022 & 2029)
    1.3 World Sidetrack Drilling Total Market by Region (by Headquarter Location)
        1.3.1 World Sidetrack Drilling Market Size by Region (2018-2029), (by Headquarter Location)
        1.3.2 United States Sidetrack Drilling Market Size (2018-2029)
        1.3.3 China Sidetrack Drilling Market Size (2018-2029)
        1.3.4 Europe Sidetrack Drilling Market Size (2018-2029)
        1.3.5 Japan Sidetrack Drilling Market Size (2018-2029)
        1.3.6 South Korea Sidetrack Drilling Market Size (2018-2029)
        1.3.7 ASEAN Sidetrack Drilling Market Size (2018-2029)
        1.3.8 India Sidetrack Drilling Market Size (2018-2029)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Sidetrack Drilling Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Sidetrack Drilling Major Market Trends
    1.5 Influence of COVID-19 and Russia-Ukraine War
        1.5.1 Influence of COVID-19
        1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
    2.1 World Sidetrack Drilling Consumption Value (2018-2029)
    2.2 World Sidetrack Drilling Consumption Value by Region
        2.2.1 World Sidetrack Drilling Consumption Value by Region (2018-2023)
        2.2.2 World Sidetrack Drilling Consumption Value Forecast by Region (2024-2029)
    2.3 United States Sidetrack Drilling Consumption Value (2018-2029)
    2.4 China Sidetrack Drilling Consumption Value (2018-2029)
    2.5 Europe Sidetrack Drilling Consumption Value (2018-2029)
    2.6 Japan Sidetrack Drilling Consumption Value (2018-2029)
    2.7 South Korea Sidetrack Drilling Consumption Value (2018-2029)
    2.8 ASEAN Sidetrack Drilling Consumption Value (2018-2029)
    2.9 India Sidetrack Drilling Consumption Value (2018-2029)

3 World Sidetrack Drilling Companies Competitive Analysis
    3.1 World Sidetrack Drilling Revenue by Player (2018-2023)
    3.2 Industry Rank and Concentration Rate (CR)
        3.2.1 Global Sidetrack Drilling Industry Rank of Major Players
        3.2.2 Global Concentration Ratios (CR4) for Sidetrack Drilling in 2022
        3.2.3 Global Concentration Ratios (CR8) for Sidetrack Drilling in 2022
    3.3 Sidetrack Drilling Company Evaluation Quadrant
    3.4 Sidetrack Drilling Market: Overall Company Footprint Analysis
        3.4.1 Sidetrack Drilling Market: Region Footprint
        3.4.2 Sidetrack Drilling Market: Company Product Type Footprint
        3.4.3 Sidetrack Drilling Market: Company Product Application Footprint
    3.5 Competitive Environment
        3.5.1 Historical Structure of the Industry
        3.5.2 Barriers of Market Entry
        3.5.3 Factors of Competition
    3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
    4.1 United States VS China: Sidetrack Drilling Revenue Comparison (by Headquarter Location)
        4.1.1 United States VS China: Sidetrack Drilling Market Size Comparison (2018 & 2022 & 2029) (by Headquarter Location)
        4.1.2 United States VS China: Sidetrack Drilling Revenue Market Share Comparison (2018 & 2022 & 2029)
    4.2 United States Based Companies VS China Based Companies: Sidetrack Drilling Consumption Value Comparison
        4.2.1 United States VS China: Sidetrack Drilling Consumption Value Comparison (2018 & 2022 & 2029)
        4.2.2 United States VS China: Sidetrack Drilling Consumption Value Market Share Comparison (2018 & 2022 & 2029)
    4.3 United States Based Sidetrack Drilling Companies and Market Share, 2018-2023
        4.3.1 United States Based Sidetrack Drilling Companies, Headquarters (States, Country)
        4.3.2 United States Based Companies Sidetrack Drilling Revenue, (2018-2023)
    4.4 China Based Companies Sidetrack Drilling Revenue and Market Share, 2018-2023
        4.4.1 China Based Sidetrack Drilling Companies, Company Headquarters (Province, Country)
        4.4.2 China Based Companies Sidetrack Drilling Revenue, (2018-2023)
    4.5 Rest of World Based Sidetrack Drilling Companies and Market Share, 2018-2023
        4.5.1 Rest of World Based Sidetrack Drilling Companies, Headquarters (States, Country)
        4.5.2 Rest of World Based Companies Sidetrack Drilling Revenue, (2018-2023)

5 Market Analysis by Type
    5.1 World Sidetrack Drilling Market Size Overview by Type: 2018 VS 2022 VS 2029
    5.2 Segment Introduction by Type
        5.2.1 Onshore
        5.2.2 Offshore
    5.3 Market Segment by Type
        5.3.1 World Sidetrack Drilling Market Size by Type (2018-2023)
        5.3.2 World Sidetrack Drilling Market Size by Type (2024-2029)
        5.3.3 World Sidetrack Drilling Market Size Market Share by Type (2018-2029)

6 Market Analysis by Application
    6.1 World Sidetrack Drilling Market Size Overview by Application: 2018 VS 2022 VS 2029
    6.2 Segment Introduction by Application
        6.2.1 Oil
        6.2.2 Natural Gas
        6.2.3 Others
    6.3 Market Segment by Application
        6.3.1 World Sidetrack Drilling Market Size by Application (2018-2023)
        6.3.2 World Sidetrack Drilling Market Size by Application (2024-2029)
        6.3.3 World Sidetrack Drilling Market Size by Application (2018-2029)

7 Company Profiles
    7.1 Baker Hughes Co.
        7.1.1 Baker Hughes Co. Details
        7.1.2 Baker Hughes Co. Major Business
        7.1.3 Baker Hughes Co. Sidetrack Drilling Product and Services
        7.1.4 Baker Hughes Co. Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023)
        7.1.5 Baker Hughes Co. Recent Developments/Updates
        7.1.6 Baker Hughes Co. Competitive Strengths & Weaknesses
    7.2 Equinor ASA
        7.2.1 Equinor ASA Details
        7.2.2 Equinor ASA Major Business
        7.2.3 Equinor ASA Sidetrack Drilling Product and Services
        7.2.4 Equinor ASA Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023)
        7.2.5 Equinor ASA Recent Developments/Updates
        7.2.6 Equinor ASA Competitive Strengths & Weaknesses
    7.3 Eurasia Drilling
        7.3.1 Eurasia Drilling Details
        7.3.2 Eurasia Drilling Major Business
        7.3.3 Eurasia Drilling Sidetrack Drilling Product and Services
        7.3.4 Eurasia Drilling Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023)
        7.3.5 Eurasia Drilling Recent Developments/Updates
        7.3.6 Eurasia Drilling Competitive Strengths & Weaknesses
    7.4 Halliburton
        7.4.1 Halliburton Details
        7.4.2 Halliburton Major Business
        7.4.3 Halliburton Sidetrack Drilling Product and Services
        7.4.4 Halliburton Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023)
        7.4.5 Halliburton Recent Developments/Updates
        7.4.6 Halliburton Competitive Strengths & Weaknesses
    7.5 Nabors Industries
        7.5.1 Nabors Industries Details
        7.5.2 Nabors Industries Major Business
        7.5.3 Nabors Industries Sidetrack Drilling Product and Services
        7.5.4 Nabors Industries Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023)
        7.5.5 Nabors Industries Recent Developments/Updates
        7.5.6 Nabors Industries Competitive Strengths & Weaknesses
    7.6 National Oilwell Varco
        7.6.1 National Oilwell Varco Details
        7.6.2 National Oilwell Varco Major Business
        7.6.3 National Oilwell Varco Sidetrack Drilling Product and Services
        7.6.4 National Oilwell Varco Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023)
        7.6.5 National Oilwell Varco Recent Developments/Updates
        7.6.6 National Oilwell Varco Competitive Strengths & Weaknesses
    7.7 Odfjell Drilling
        7.7.1 Odfjell Drilling Details
        7.7.2 Odfjell Drilling Major Business
        7.7.3 Odfjell Drilling Sidetrack Drilling Product and Services
        7.7.4 Odfjell Drilling Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023)
        7.7.5 Odfjell Drilling Recent Developments/Updates
        7.7.6 Odfjell Drilling Competitive Strengths & Weaknesses
    7.8 Schlumberger
        7.8.1 Schlumberger Details
        7.8.2 Schlumberger Major Business
        7.8.3 Schlumberger Sidetrack Drilling Product and Services
        7.8.4 Schlumberger Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023)
        7.8.5 Schlumberger Recent Developments/Updates
        7.8.6 Schlumberger Competitive Strengths & Weaknesses
    7.9 Weatherford International plc
        7.9.1 Weatherford International plc Details
        7.9.2 Weatherford International plc Major Business
        7.9.3 Weatherford International plc Sidetrack Drilling Product and Services
        7.9.4 Weatherford International plc Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023)
        7.9.5 Weatherford International plc Recent Developments/Updates
        7.9.6 Weatherford International plc Competitive Strengths & Weaknesses
    7.10 Yantai Jereh Oilfield Services Group Co. Ltd.
        7.10.1 Yantai Jereh Oilfield Services Group Co. Ltd. Details
        7.10.2 Yantai Jereh Oilfield Services Group Co. Ltd. Major Business
        7.10.3 Yantai Jereh Oilfield Services Group Co. Ltd. Sidetrack Drilling Product and Services
        7.10.4 Yantai Jereh Oilfield Services Group Co. Ltd. Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023)
        7.10.5 Yantai Jereh Oilfield Services Group Co. Ltd. Recent Developments/Updates
        7.10.6 Yantai Jereh Oilfield Services Group Co. Ltd. Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Sidetrack Drilling Industry Chain
    8.2 Sidetrack Drilling Upstream Analysis
    8.3 Sidetrack Drilling Midstream Analysis
    8.4 Sidetrack Drilling Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Sidetrack Drilling Revenue by Region (2018, 2022 and 2029) & (USD Million), (by Headquarter Location)
    Table 2. World Sidetrack Drilling Revenue by Region (2018-2023) & (USD Million), (by Headquarter Location)
    Table 3. World Sidetrack Drilling Revenue by Region (2024-2029) & (USD Million), (by Headquarter Location)
    Table 4. World Sidetrack Drilling Revenue Market Share by Region (2018-2023), (by Headquarter Location)
    Table 5. World Sidetrack Drilling Revenue Market Share by Region (2024-2029), (by Headquarter Location)
    Table 6. Major Market Trends
    Table 7. World Sidetrack Drilling Consumption Value Growth Rate Forecast by Region (2018 & 2022 & 2029) & (USD Million)
    Table 8. World Sidetrack Drilling Consumption Value by Region (2018-2023) & (USD Million)
    Table 9. World Sidetrack Drilling Consumption Value Forecast by Region (2024-2029) & (USD Million)
    Table 10. World Sidetrack Drilling Revenue by Player (2018-2023) & (USD Million)
    Table 11. Revenue Market Share of Key Sidetrack Drilling Players in 2022
    Table 12. World Sidetrack Drilling Industry Rank of Major Player, Based on Revenue in 2022
    Table 13. Global Sidetrack Drilling Company Evaluation Quadrant
    Table 14. Head Office of Key Sidetrack Drilling Player
    Table 15. Sidetrack Drilling Market: Company Product Type Footprint
    Table 16. Sidetrack Drilling Market: Company Product Application Footprint
    Table 17. Sidetrack Drilling Mergers & Acquisitions Activity
    Table 18. United States VS China Sidetrack Drilling Market Size Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 19. United States VS China Sidetrack Drilling Consumption Value Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 20. United States Based Sidetrack Drilling Companies, Headquarters (States, Country)
    Table 21. United States Based Companies Sidetrack Drilling Revenue, (2018-2023) & (USD Million)
    Table 22. United States Based Companies Sidetrack Drilling Revenue Market Share (2018-2023)
    Table 23. China Based Sidetrack Drilling Companies, Headquarters (Province, Country)
    Table 24. China Based Companies Sidetrack Drilling Revenue, (2018-2023) & (USD Million)
    Table 25. China Based Companies Sidetrack Drilling Revenue Market Share (2018-2023)
    Table 26. Rest of World Based Sidetrack Drilling Companies, Headquarters (States, Country)
    Table 27. Rest of World Based Companies Sidetrack Drilling Revenue, (2018-2023) & (USD Million)
    Table 28. Rest of World Based Companies Sidetrack Drilling Revenue Market Share (2018-2023)
    Table 29. World Sidetrack Drilling Market Size by Type, (USD Million), 2018 & 2022 & 2029
    Table 30. World Sidetrack Drilling Market Size by Type (2018-2023) & (USD Million)
    Table 31. World Sidetrack Drilling Market Size by Type (2024-2029) & (USD Million)
    Table 32. World Sidetrack Drilling Market Size by Application, (USD Million), 2018 & 2022 & 2029
    Table 33. World Sidetrack Drilling Market Size by Application (2018-2023) & (USD Million)
    Table 34. World Sidetrack Drilling Market Size by Application (2024-2029) & (USD Million)
    Table 35. Baker Hughes Co. Basic Information, Area Served and Competitors
    Table 36. Baker Hughes Co. Major Business
    Table 37. Baker Hughes Co. Sidetrack Drilling Product and Services
    Table 38. Baker Hughes Co. Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 39. Baker Hughes Co. Recent Developments/Updates
    Table 40. Baker Hughes Co. Competitive Strengths & Weaknesses
    Table 41. Equinor ASA Basic Information, Area Served and Competitors
    Table 42. Equinor ASA Major Business
    Table 43. Equinor ASA Sidetrack Drilling Product and Services
    Table 44. Equinor ASA Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 45. Equinor ASA Recent Developments/Updates
    Table 46. Equinor ASA Competitive Strengths & Weaknesses
    Table 47. Eurasia Drilling Basic Information, Area Served and Competitors
    Table 48. Eurasia Drilling Major Business
    Table 49. Eurasia Drilling Sidetrack Drilling Product and Services
    Table 50. Eurasia Drilling Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 51. Eurasia Drilling Recent Developments/Updates
    Table 52. Eurasia Drilling Competitive Strengths & Weaknesses
    Table 53. Halliburton Basic Information, Area Served and Competitors
    Table 54. Halliburton Major Business
    Table 55. Halliburton Sidetrack Drilling Product and Services
    Table 56. Halliburton Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 57. Halliburton Recent Developments/Updates
    Table 58. Halliburton Competitive Strengths & Weaknesses
    Table 59. Nabors Industries Basic Information, Area Served and Competitors
    Table 60. Nabors Industries Major Business
    Table 61. Nabors Industries Sidetrack Drilling Product and Services
    Table 62. Nabors Industries Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 63. Nabors Industries Recent Developments/Updates
    Table 64. Nabors Industries Competitive Strengths & Weaknesses
    Table 65. National Oilwell Varco Basic Information, Area Served and Competitors
    Table 66. National Oilwell Varco Major Business
    Table 67. National Oilwell Varco Sidetrack Drilling Product and Services
    Table 68. National Oilwell Varco Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 69. National Oilwell Varco Recent Developments/Updates
    Table 70. National Oilwell Varco Competitive Strengths & Weaknesses
    Table 71. Odfjell Drilling Basic Information, Area Served and Competitors
    Table 72. Odfjell Drilling Major Business
    Table 73. Odfjell Drilling Sidetrack Drilling Product and Services
    Table 74. Odfjell Drilling Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 75. Odfjell Drilling Recent Developments/Updates
    Table 76. Odfjell Drilling Competitive Strengths & Weaknesses
    Table 77. Schlumberger Basic Information, Area Served and Competitors
    Table 78. Schlumberger Major Business
    Table 79. Schlumberger Sidetrack Drilling Product and Services
    Table 80. Schlumberger Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 81. Schlumberger Recent Developments/Updates
    Table 82. Schlumberger Competitive Strengths & Weaknesses
    Table 83. Weatherford International plc Basic Information, Area Served and Competitors
    Table 84. Weatherford International plc Major Business
    Table 85. Weatherford International plc Sidetrack Drilling Product and Services
    Table 86. Weatherford International plc Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 87. Weatherford International plc Recent Developments/Updates
    Table 88. Yantai Jereh Oilfield Services Group Co. Ltd. Basic Information, Area Served and Competitors
    Table 89. Yantai Jereh Oilfield Services Group Co. Ltd. Major Business
    Table 90. Yantai Jereh Oilfield Services Group Co. Ltd. Sidetrack Drilling Product and Services
    Table 91. Yantai Jereh Oilfield Services Group Co. Ltd. Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 92. Global Key Players of Sidetrack Drilling Upstream (Raw Materials)
    Table 93. Sidetrack Drilling Typical Customers
List of Figure
    Figure 1. Sidetrack Drilling Picture
    Figure 2. World Sidetrack Drilling Total Market Size: 2018 & 2022 & 2029, (USD Million)
    Figure 3. World Sidetrack Drilling Total Market Size (2018-2029) & (USD Million)
    Figure 4. World Sidetrack Drilling Revenue Market Share by Region (2018, 2022 and 2029) & (USD Million) , (by Headquarter Location)
    Figure 5. World Sidetrack Drilling Revenue Market Share by Region (2018-2029), (by Headquarter Location)
    Figure 6. United States Based Company Sidetrack Drilling Revenue (2018-2029) & (USD Million)
    Figure 7. China Based Company Sidetrack Drilling Revenue (2018-2029) & (USD Million)
    Figure 8. Europe Based Company Sidetrack Drilling Revenue (2018-2029) & (USD Million)
    Figure 9. Japan Based Company Sidetrack Drilling Revenue (2018-2029) & (USD Million)
    Figure 10. South Korea Based Company Sidetrack Drilling Revenue (2018-2029) & (USD Million)
    Figure 11. ASEAN Based Company Sidetrack Drilling Revenue (2018-2029) & (USD Million)
    Figure 12. India Based Company Sidetrack Drilling Revenue (2018-2029) & (USD Million)
    Figure 13. Sidetrack Drilling Market Drivers
    Figure 14. Factors Affecting Demand
    Figure 15. World Sidetrack Drilling Consumption Value (2018-2029) & (USD Million)
    Figure 16. World Sidetrack Drilling Consumption Value Market Share by Region (2018-2029)
    Figure 17. United States Sidetrack Drilling Consumption Value (2018-2029) & (USD Million)
    Figure 18. China Sidetrack Drilling Consumption Value (2018-2029) & (USD Million)
    Figure 19. Europe Sidetrack Drilling Consumption Value (2018-2029) & (USD Million)
    Figure 20. Japan Sidetrack Drilling Consumption Value (2018-2029) & (USD Million)
    Figure 21. South Korea Sidetrack Drilling Consumption Value (2018-2029) & (USD Million)
    Figure 22. ASEAN Sidetrack Drilling Consumption Value (2018-2029) & (USD Million)
    Figure 23. India Sidetrack Drilling Consumption Value (2018-2029) & (USD Million)
    Figure 24. Producer Shipments of Sidetrack Drilling by Player Revenue ($MM) and Market Share (%): 2022
    Figure 25. Global Four-firm Concentration Ratios (CR4) for Sidetrack Drilling Markets in 2022
    Figure 26. Global Four-firm Concentration Ratios (CR8) for Sidetrack Drilling Markets in 2022
    Figure 27. United States VS China: Sidetrack Drilling Revenue Market Share Comparison (2018 & 2022 & 2029)
    Figure 28. United States VS China: Sidetrack Drilling Consumption Value Market Share Comparison (2018 & 2022 & 2029)
    Figure 29. World Sidetrack Drilling Market Size by Type, (USD Million), 2018 & 2022 & 2029
    Figure 30. World Sidetrack Drilling Market Size Market Share by Type in 2022
    Figure 31. Onshore
    Figure 32. Offshore
    Figure 33. World Sidetrack Drilling Market Size Market Share by Type (2018-2029)
    Figure 34. World Sidetrack Drilling Market Size by Application, (USD Million), 2018 & 2022 & 2029
    Figure 35. World Sidetrack Drilling Market Size Market Share by Application in 2022
    Figure 36. Oil
    Figure 37. Natural Gas
    Figure 38. Others
    Figure 39. Sidetrack Drilling Industrial Chain
    Figure 40. Methodology
    Figure 41. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

Baker Hughes Co.
Equinor ASA
Eurasia Drilling
Halliburton
Nabors Industries
National Oilwell Varco
Odfjell Drilling
Schlumberger
Weatherford International plc
Yantai Jereh Oilfield Services Group Co. Ltd.

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date 02 Jan 2024

date Energy & Power

According to our (Global Info Research) latest study, the global Sidetrack Drilling market size was valued at USD 466.1 million in 2023 and is forecast to a readjusted size of USD 715.6 million by 2030 with a CAGR of 6.3% during review period.

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sidetrack drilling

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