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The Story Behind The Huge Growth Of Managed Pressure Drilling Services Market

By Author: Akshay
Total Articles: 138

The global managed pressure drilling services market is projected to witness high growth on account of growing need for optimized drilling processes and safe & effective operational aspects of managed pressure drilling. The global market is estimated to be USD 3.81 Billion in 2016, and is projected to reach USD 4.60 Billion by 2021, at a CAGR of 3.8% from 2016 to 2021. Deepwater drilling in Africa and Latin America is expected to boost the demand for managed pressure drilling services during the forecast period. 
The report covers major market players such as Schlumberger Limited. (U.S.), Halliburton (U.S.), Archer Well Services (U.K.), Weatherford International (Ireland), and Baker Hughes (U.S.) among others. These companies together occupy more than three-fourth of the managed pressure drilling services market.
Download PDF Brochure Here: https://www.marketsandmarkets.com/pdfdownload.asp?id=142692594
Scope of the Report:

By Application:

Onshore
Offshore


By Technology

Constant Bottom Hole Pressure  (CBHP)
Mud Cap Drilling (MCD)
Dual Gradient Drilling (DGD)
Return Flow Control Drilling (RFCD)


By Region

North America
Europe
Asia-Pacific
Middle East
Latin America
Africa

To speak to our analyst for a discussion on the above findings, click https://www.marketsandmarkets.com/speaktoanalyst.asp?id=142692594
The report provides insights on the following pointers:

Market Penetration: Comprehensive information on galley equipment offered by the top players in the global managed pressure drilling services market
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the managed pressure drilling services market
Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the managed pressure drilling services market across regions
Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the global managed pressure drilling services market
Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global managed pressure drilling services market

 Reasons to buy this report:
From an insight perspective, this research has focused on various analysis levels—industry analysis (industry trends), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the managed pressure drilling services market; high-growth regions; and market drivers, restraints, and opportunities.
Download Sample Copy of Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=142692594
North America: the largest market for managed pressure drilling services
North America is projected to be the largest market for managed pressure drilling services till 2021. Within North America, the U.S. is the largest market, accounting for the maximum share. Meanwhile, Canada is also expected to show reasonable growth, given its development of unconventional sources, such as tar sands and tight oil. Meanwhile, Africa is the fastest growing within the managed pressure drilling services market, due to the recent discoveries occurring offshore in countries such as Angola, Tanzania, and Mozambique, among others. In addition, offshore developments in the Red Sea region by countries such as Saudi Arabia, Qatar, and UAE is expected to drive the growth of the Middle East managed pressure drilling services market.
Related Reports:
"Industrial Control Transformer Market by Phase (Single and Three), Power Rating (25–500 VA, 500–1,000 VA, 1,000–1,500 VA, and > 1,500 VA), End-User (Power Generation, Oil & Gas, Chemical, Metal & Mining), and Region - Global Forecast to 2023"
About MarketsandMarkets
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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MarketsandMarkets™ INC. 
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sales@marketsandmarkets.com

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