Global Measurement While Drilling Market 2018-2022

Below are some of the key findings from the measurement while drilling market

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Global Measurement While Drilling Industry Overview

The increasing operation rig count is one of the key factors expected to trigger the market’s growth in the forthcoming years. With the recovering prices of oil, the rig count has increased considerably since 2014. A considerable rise in the onshore and offshore drilling projects has further been able to increase the rig count. As a result, various oil and gas manufacturers are increasingly focusing on increasing their production activities, eventually, contributing to the rising number of drilling rigs, especially in the US, Latin America, and the offshore Middle East.

Furthermore, owing to the continuous fluctuation in prices of oil, various planned drilling projects earlier placed on hold were reopened, in turn, increasing the growth of measurement while drilling market. This, in turn, has led the market to register a CAGR of over 7% during the forecast period.

Top measurement while drilling companies covered in this market research report

The measurement while drilling market is moderately fragmented with companies focusing on integrating advanced technologies including IoT for offering highly efficient products to the end-users. By providing a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this measurement while drilling industry analysis report will aid clients to identify the market potential and design innovative strategies for improving the shares in the market.

The report offers a complete analysis of various companies including:

• Baker Hughes
• Halliburton
• Nabors Industries
• National Oilwell Varco
• Schlumberger
• Weatherford

Measurement while drilling market segmentation based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, the Americas will contribute to the highest growth of this market throughout the forecast period.

Measurement while drilling market segmentation based on application

• Onshore
• Offshore

The onshore application segment will account for the highest measurement while drilling market share during the forecast period. Additionally, the report also provides an accurate prediction of the contribution of the various application segments to the growth of the measurement while drilling market size.

Key highlights of the global measurement while drilling market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the measurement while drilling market during the next five years
• Precise estimation of the global measurement while drilling market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the measurement while drilling industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of measurement while drilling companies

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