Global Oil and Gas Packer Market 2018-2022
- Published: Feb 2018
- Pages: 80
- SKU: IRTNTR20708
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This industry research report presents a comprehensive analysis of the oil and gas packer market by product based on permanent packer and retrievable packer. The report also provides an analysis of the market based on geographic regions such as the Americas, APAC, and EMEA.
Overview of the oil and gas packer market
Technavio’s market research analysts have identified the increasing applications of packer as a downhole tool as one of the primary factors that will trigger the growth of the oil and gas packer market in the coming years. Well packer is an instrument that runs into the wellbore at a smaller initial diameter. The diameter is later expanded to seal the wellbore and the packer is needed for the well execution. After the well execution is done, isolation takes place where annulus from the production conduit is removed. The packer, as a downhole instrument, is important for the basic functioning of most wells, producers, or injectors. Packer offers several advantages such as prevention of the production casing from corrosion from produced fluids along with safeguarding from high pressures and helps in separating multiple producing zones. Technavio’s market research analysts predict that this market will post a revenue more than USD 2 billion by 2022.
The increasing shale and oil gas production is one of the key trends in the oil and gas packer market. Shale gas is used by several countries across the world to strengthen their energy security and reduce the emissions. The US reduced it's crude oil imports resulting in surplus crude oil in the market. Extraction of shale resources needs a huge amount of water for hydraulic fracturing and drilling. The decreasing imports by the US resulted in the emergence of hydraulic fracturing, consequently increasing the domestic supply.
Top companies listed in this report
The oil and gas packer market is fragmented due to the presence of several players. This industry research report provides information about the competitive environment among the players in this marketspace. Moreover, our analysts also provide strategies and areas that the vendors should follow to improve their market shares and sustain the competitive environment in the packer market.
The report includes an analysis of a number of companies in this marketspace including -
- Dril-Quip
- GENERAL ELECTRIC
- Halliburton
- National Oilwell Varco
- Schlumberger
- Weatherford
Segmentation by product and analysis of the oil and gas packer market
- Permanent packer
- Retrievable packer
The permanent packer segment accounted for the major share of the packer market during 2017. During the forecast period, this segment will continue to hold the maximum share and grow steadily.
Geographical segmentation and analysis of the oil and gas packer market
- Americas
- APAC
- EMEA
The Americas accounted for the maximum shares of the packer market during 2017. Our analysts have predicted that the Americas will witness steady growth in the market share in the next five years.
Key questions answered in the report include
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the global oil and gas packer market?
- What are the key market trends impacting the growth of the global oil and gas packer market?
- What are the challenges to market growth?
- Who are the key vendors in the global oil and gas packer market?
- What are the market opportunities and threats faced by the vendors in the global oil and gas packer market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global oil and gas packer market?
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
- Market outline
PART 05: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 06: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 07: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 08: MARKET SEGMENTATION BY PRODUCT
- Segmentation by product
- Comparison by product
- Permanent packer – Market size and forecast 2017-2022
- Retrievable packer – Market size and forecast 2017-2022
- Market opportunity by product
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Americas – Market size and forecast 2017-2022
- EMEA – Market size and forecast 2017-2022
- APAC – Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 13: MARKET TRENDS
- Increase in shale oil and gas production
- Industry 4.0: Trends impacting upstream producers
- New oil and gas discoveries
PART 14: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive Scenario
PART 15: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Dril-Quip
- GENERAL ELECTRIC
- Halliburton
- National Oilwell Varco
- Schlumberger
- Weatherford
PART 16: APPENDIX
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases

DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts

REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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