Downhole Tools Market
                     ©2019 Transparency Market Research, All Rights Reserved
Downhole Tools Market
- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019- 2027
©2019 Transparency Market Research, All Rights Reserved
©2019 Transparency Market Research, All Rights Reserved
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©2019 Transparency Market Research, All Rights Reserved
Downhole Tools Market to reach US$ 8.5 BN 
by 2027
The global downhole tools market was valued at ~US$ 
7.8 in 2018 and is anticipated to expand at a CAGR 
of ~2% during the forecast period. Among types, the 
drilling tools segment accounted for a dominant share of 
the global downhole tools market in 2018. 
This can be primarily ascribed to increase in drilling 
activities worldwide. For instance, the number of wells 
drilled worldwide increased to 70,551 in 2018, which is a 
substantial increase from 65,746 wells drilled in 2017.
©2019 Transparency Market Research, All Rights Reserved
©2019 Transparency Market Research, All Rights Reserved
Key players 
Key players operating in the Downhole Tools Market are: 
 Halliburton Company
Excalibre Downhole Tools Ltd.
Schlumberger Ltd.
Bilco Tools Inc.
Baker Hughes Inc.
©2019 Transparency Market Research, All Rights Reserved
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