Well Logging Equipment: Introduction
- Well logging equipment, also known as borehole logging equipment, is used in boreholes drilled for groundwater, oil & gas, geothermal, and mineral exploration, as well as in geotechnical and environmental studies.
- Well logging equipment is used to collect, observe, analyze, and record wellbore returns such as liquids, gases, and solids during drilling, by ore and rock analysis, geochemistry, geophysics, and other methods. Furthermore, well logging equipment is used to trace the data from downhole sensor tools plotted in the depth of a well.
- Well logging equipment is used for measuring the properties of geologic strata through which a well is being drilled.
- The global well logging equipment market is expected to grow at a rapid pace over the forecast period owing to increased demand for well logging equipment in the residential and commercial sector.
Get Sample Copy@:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=74193
Global Well Logging Equipment Market: Dynamics
Global Well Logging Equipment Market: Key Drivers
- Rise in infrastructure spending due to positive economic growth is expected to drive overall well logging equipment market growth.
- Increasing demand for the use of well logging equipment in various applications such as production wells, water injection wells, and observation wells is expected to boost the demand for well logging equipment across the globe.
- Growing investment opportunities especially in developing countries such as China and India is anticipated to boost the well logging equipment market in the coming years.
- The growing demand for well logging equipment due to machine upgrade, apart from the shifting focus of mining corporations toward attaining maximum productivity is projected to offer profitable business opportunities to the well logging equipment market in the near future.
- Increasing demand for well logging equipment in the oil & gas industry, so as to obtain information about geologic layers such as the hydro carbon zones, is expected to drive the well logging equipment market.
Stuck in a neck-to-neck competition with other brands? Request a custom report
North America to Hold a Major Share of the Global Well Logging Equipment Market
- In terms of region, the global well logging equipment market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
- North America held leading share of the global well logging equipment market in terms of volume and revenue in 2018 and is projected to continue its dominance through the forecast period 2019- 2027. The U.S. is a key market for well logging equipment in North America due to large-scale mining projects coupled with increase in construction of high-rise buildings in the country that is expected to influence the well logging equipment market in North America.
- Asia Pacific is predicted to be the fastest growing market over the forecast period as compared to other regions due to large scale infrastructure investment projects which are anticipated to accelerate the well logging equipment market in the region.
- Europe and MEA are expected to see enhanced growth of the well logging equipment market due to high demand for exploration and boring along with developments in the mining sector. This in turn is expected to accelerate the growth of the well logging equipment market over the forecast period.
Read TMR Research Methodology @:
https://www.transparencymarketresearch.com/methodology.html
Global Well Logging Equipment Market: Competition Landscape
Key Players Operating in the Global Well Logging Equipment Market
Several local and regional players operate in the global market for well logging equipment. The well logging equipment market is fragmented due to the presence of few global and several domestic players. Most of the manufactures and vendors promote and sell their well logging equipment through their own online sales website. Manufacturers of well logging equipment are adopting key strategies of new product development and enhancement in the quality of product & delivery processes. Key players operating in the global well logging equipment market are:
- Century Geophysical, L.L.C.
- CNPC (China National Petroleum Corporation)
- GE Oil & Gas
- Horizon Well Logging
- Hotwell
- Keller America, Inc.
- Mount Sopris Instruments
- MXROS
- Robertson Geologging LTD
- Schlumberger Limited.
- Felix Technology Inc.
- DGRT Pty Ltd.
- ANTARES Datensysteme GmbH
Global Well Logging Equipment Market: Research Scope
Global Well Logging Equipment Market, by Product Type
- Geological Logging Machine
- Comprehensive Logging Machine
Global Well Logging Equipment Market, by Logging Units
- VDSL (Variable Density Sonic Logging) Tools
- CCL (Casing Collar Locator)
- Others
Global Well Logging Equipment Market, by Well Type
- Vertical
- Horizontal
Global Well Logging Equipment Market, by Distribution Channel
- Direct Sales (OEM)
- Indirect Sales
- Distributor
- Wholesaler
Global Well Logging Equipment Market, by Application
- Production Wells
- Water Injection Wells
- Observation Wells
- Other
Global Well Logging Equipment Market, by Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- France
- U.K.
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
- South America
- Brazil
- Rest of South America
Read Our Latest Press Release:
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad-hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
Contact
Transparency Market Research State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: [email protected]
