Sidetracking Market 2027 Application, Industry and Geography | The Insight Partners

Sidetracking Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Application (Onshore, Offshore); Industry (Oil Industry, Natural gas Industry, Others) and Geography

Report Code: TIPRE00010747 | No. of Pages: 150 | Category: Energy and Power | Status: Upcoming
Covid
MARKET INTRODUCTION

Sidetracking is defined as the advanced technique of drilling, in which a new lateral from an existing well is drilled. Various reasons for using sidetracking, such as damage to the hole by junk, damage to the production zone in the original well, tap into another less depleted drainage area, and others. It mainly helps to maximize the recovery of hydrocarbons by confirming easy reach to undrained reserve. The rise in demand for energy, urbanization, industrialization, growing exploration, and others are some of the significant factors affecting the future market growth.

MARKET DYNAMICS

A key factor driving the global sidetracking market growth is the need to optimize production across mature oil and gas fields. Mature oil and gas fields have already reached their peak output, and are declining. The hydrocarbons present in the oilfields are recovered using primary methods such as pressure from natural reservoirs. That method, however, can improve only a small percentage of hydrocarbons. As a result, a large number of oil and gas companies are using advanced techniques like EOR and sidetracking to optimize the recovery of oil and gas and boost productivity. Sidetracking ensures easy access to undrained reserves, and helps maximize the recovery of hydrocarbons. Thus the adoption of this technique during the forecast period will drive market growth. Also, the demand for natural gas has also increased because of its clean-burning property. Oil and gas companies will, therefore, focus on boosting drilling operations by exploring untapped reserves to cater to energy demand.

MARKET SCOPE

The "Global Sidetracking Market Analysis To 2027" is a specialized and in-depth study of the energy and power industry with a special focus on the global market trend analysis. The sidetracking market report aims to provide an overview of the sidetracking market with detailed market segmentation by application, industry, and geography. The global sidetracking market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sidetracking market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global sidetracking market is segmented on the basis of application, and industry. Based on application, the sidetracking market is segmented into: Onshore, and Offshore. On the basis of industry, the sidetracking market is segmented into: Oil Industry, Natural gas Industry, Others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global sidetracking market based on various segments. It also provides sidetracking market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The sidetracking market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the sidetracking market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South& Central America after evaluating political, economic, social and technological factors affecting the sidetracking market in these regions.



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MARKET PLAYERS


The reports cover key developments in the sidetracking market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from sidetracking market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the sidetracking market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sidetracking market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.


  •  Baker Hughes, a GE company, LLC
  •  Equinor ASA
  •  Eurasia Drilling Company Limited
  •  Halliburton
  •  Jereh Group
  •  Nabors Industries Ltd.
  •  National Oilwell Varco
  •  Odfjell Drilling Ltd.
  •  Schlumberger Limited
  •  Weatherford


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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Sidetracking Market - By Application
1.3.2 Sidetracking Market - By Industry
1.3.3 Sidetracking Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. SIDETRACKING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS

5. SIDETRACKING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. SIDETRACKING MARKET - GLOBAL MARKET ANALYSIS
6.1. SIDETRACKING - GLOBAL MARKET OVERVIEW
6.2. SIDETRACKING - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE

7. SIDETRACKING MARKET - REVENUE AND FORECASTS TO 2027 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. ONSHORE
7.3.1. Overview
7.3.2. Onshore Market Forecast and Analysis
7.4. OFFSHORE
7.4.1. Overview
7.4.2. Offshore Market Forecast and Analysis
8. SIDETRACKING MARKET - REVENUE AND FORECASTS TO 2027 - INDUSTRY
8.1. OVERVIEW
8.2. INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. OIL INDUSTRY
8.3.1. Overview
8.3.2. Oil Industry Market Forecast and Analysis
8.4. NATURAL GAS INDUSTRY
8.4.1. Overview
8.4.2. Natural gas Industry Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis

9. SIDETRACKING MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Sidetracking Market Overview
9.1.2 North America Sidetracking Market Forecasts and Analysis
9.1.3 North America Sidetracking Market Forecasts and Analysis - By Application
9.1.4 North America Sidetracking Market Forecasts and Analysis - By Industry
9.1.5 North America Sidetracking Market Forecasts and Analysis - By Countries
9.1.5.1 United States Sidetracking Market
9.1.5.1.1 United States Sidetracking Market by Application
9.1.5.1.2 United States Sidetracking Market by Industry
9.1.5.2 Canada Sidetracking Market
9.1.5.2.1 Canada Sidetracking Market by Application
9.1.5.2.2 Canada Sidetracking Market by Industry
9.1.5.3 Mexico Sidetracking Market
9.1.5.3.1 Mexico Sidetracking Market by Application
9.1.5.3.2 Mexico Sidetracking Market by Industry
9.2. EUROPE
9.2.1 Europe Sidetracking Market Overview
9.2.2 Europe Sidetracking Market Forecasts and Analysis
9.2.3 Europe Sidetracking Market Forecasts and Analysis - By Application
9.2.4 Europe Sidetracking Market Forecasts and Analysis - By Industry
9.2.5 Europe Sidetracking Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Sidetracking Market
9.2.5.1.1 Germany Sidetracking Market by Application
9.2.5.1.2 Germany Sidetracking Market by Industry
9.2.5.2 France Sidetracking Market
9.2.5.2.1 France Sidetracking Market by Application
9.2.5.2.2 France Sidetracking Market by Industry
9.2.5.3 Italy Sidetracking Market
9.2.5.3.1 Italy Sidetracking Market by Application
9.2.5.3.2 Italy Sidetracking Market by Industry
9.2.5.4 United Kingdom Sidetracking Market
9.2.5.4.1 United Kingdom Sidetracking Market by Application
9.2.5.4.2 United Kingdom Sidetracking Market by Industry
9.2.5.5 Russia Sidetracking Market
9.2.5.5.1 Russia Sidetracking Market by Application
9.2.5.5.2 Russia Sidetracking Market by Industry
9.2.5.6 Rest of Europe Sidetracking Market
9.2.5.6.1 Rest of Europe Sidetracking Market by Application
9.2.5.6.2 Rest of Europe Sidetracking Market by Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Sidetracking Market Overview
9.3.2 Asia-Pacific Sidetracking Market Forecasts and Analysis
9.3.3 Asia-Pacific Sidetracking Market Forecasts and Analysis - By Application
9.3.4 Asia-Pacific Sidetracking Market Forecasts and Analysis - By Industry
9.3.5 Asia-Pacific Sidetracking Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Sidetracking Market
9.3.5.1.1 Australia Sidetracking Market by Application
9.3.5.1.2 Australia Sidetracking Market by Industry
9.3.5.2 China Sidetracking Market
9.3.5.2.1 China Sidetracking Market by Application
9.3.5.2.2 China Sidetracking Market by Industry
9.3.5.3 India Sidetracking Market
9.3.5.3.1 India Sidetracking Market by Application
9.3.5.3.2 India Sidetracking Market by Industry
9.3.5.4 Japan Sidetracking Market
9.3.5.4.1 Japan Sidetracking Market by Application
9.3.5.4.2 Japan Sidetracking Market by Industry
9.3.5.5 South Korea Sidetracking Market
9.3.5.5.1 South Korea Sidetracking Market by Application
9.3.5.5.2 South Korea Sidetracking Market by Industry
9.3.5.6 Rest of Asia-Pacific Sidetracking Market
9.3.5.6.1 Rest of Asia-Pacific Sidetracking Market by Application
9.3.5.6.2 Rest of Asia-Pacific Sidetracking Market by Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Sidetracking Market Overview
9.4.2 Middle East and Africa Sidetracking Market Forecasts and Analysis
9.4.3 Middle East and Africa Sidetracking Market Forecasts and Analysis - By Application
9.4.4 Middle East and Africa Sidetracking Market Forecasts and Analysis - By Industry
9.4.5 Middle East and Africa Sidetracking Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Sidetracking Market
9.4.5.1.1 South Africa Sidetracking Market by Application
9.4.5.1.2 South Africa Sidetracking Market by Industry
9.4.5.2 Saudi Arabia Sidetracking Market
9.4.5.2.1 Saudi Arabia Sidetracking Market by Application
9.4.5.2.2 Saudi Arabia Sidetracking Market by Industry
9.4.5.3 U.A.E Sidetracking Market
9.4.5.3.1 U.A.E Sidetracking Market by Application
9.4.5.3.2 U.A.E Sidetracking Market by Industry
9.4.5.4 Rest of Middle East and Africa Sidetracking Market
9.4.5.4.1 Rest of Middle East and Africa Sidetracking Market by Application
9.4.5.4.2 Rest of Middle East and Africa Sidetracking Market by Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Sidetracking Market Overview
9.5.2 South and Central America Sidetracking Market Forecasts and Analysis
9.5.3 South and Central America Sidetracking Market Forecasts and Analysis - By Application
9.5.4 South and Central America Sidetracking Market Forecasts and Analysis - By Industry
9.5.5 South and Central America Sidetracking Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Sidetracking Market
9.5.5.1.1 Brazil Sidetracking Market by Application
9.5.5.1.2 Brazil Sidetracking Market by Industry
9.5.5.2 Argentina Sidetracking Market
9.5.5.2.1 Argentina Sidetracking Market by Application
9.5.5.2.2 Argentina Sidetracking Market by Industry
9.5.5.3 Rest of South and Central America Sidetracking Market
9.5.5.3.1 Rest of South and Central America Sidetracking Market by Application
9.5.5.3.2 Rest of South and Central America Sidetracking Market by Industry

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. SIDETRACKING MARKET, KEY COMPANY PROFILES
11.1. BAKER HUGHES, A GE COMPANY, LLC
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. EQUINOR ASA
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. EURASIA DRILLING COMPANY LIMITED
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HALLIBURTON
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. JEREH GROUP
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. NABORS INDUSTRIES LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. NATIONAL OILWELL VARCO
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. ODFJELL DRILLING LTD.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SCHLUMBERGER LIMITED
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WEATHERFORD
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1. Baker Hughes, a GE company, LLC
2. Equinor ASA
3. Eurasia Drilling Company Limited
4. Halliburton
5. Jereh Group
6. Nabors Industries Ltd.
7. National Oilwell Varco
8. Odfjell Drilling Ltd.
9. Schlumberger Limited
10. Weatherford
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