Global Sidetracking Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Publication ID:

GIR122402771

Publication Date:

December 6, 2024

Pages:

113

Publisher:

GIR

Countries:

Global [1]

USD 3,480.00

Utilities [2]

General Energy [3]

Energy Trading & Marketing [4]

Energy & Utilities [5]

Description:

The global Sidetracking market size was valued at USD 466.1 million in 2023 and is forecast to a readjusted size of USD 715.6 million by 2030 with a CAGR of 6.3% during review period.
Sidetracking is an advanced technique of drilling in which a new lateral is drilled from an existing well that has poor productivity due to mechanical damage at a particular well site. Wells generally require sidetracking to re-drill the well to a new target.
Various applications of sidetracking include damage to the hole by junk, damage to the production zone in the original well, tap into another less depleted drainage area, and others. Moreover, the rise in demand for energy, urbanization, industrialization, growing exploration, and others are some of the factors, which fuel the market growth over the forecast period.
The report includes an overview of the development of the Sidetracking industry chain, the market status of Oil (Onshore, Offshore), Natural Gas (Onshore, Offshore), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Sidetracking.
Regionally, the report analyzes the Sidetracking markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Sidetracking market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Sidetracking market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Sidetracking industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Onshore, Offshore).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Sidetracking market.
Regional Analysis: The report involves examining the Sidetracking market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Sidetracking market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Sidetracking:
Company Analysis: Report covers individual Sidetracking players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Sidetracking This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Oil, Natural Gas).
Technology Analysis: Report covers specific technologies relevant to Sidetracking. It assesses the current state, advancements, and potential future developments in Sidetracking areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Sidetracking market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Sidetracking market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Onshore
Offshore
Market segment by Application
Oil
Natural Gas
Others
Market segment by players, this report covers
Baker Hughes Co.
Equinor ASA
Eurasia Drilling
Halliburton
Nabors Industries
National Oilwell Varco
Odfjell Drilling
Schlumberger
Weatherford International plc
Yantai Jereh Oilfield Services Group Co. Ltd.
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Sidetracking product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Sidetracking, with revenue, gross margin and global market share of Sidetracking from 2019 to 2024.
Chapter 3, the Sidetracking competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Sidetracking market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Sidetracking.
Chapter 13, to describe Sidetracking research findings and conclusion.

Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.

Table Of Contents:

1 Market Overview
1.1 Product Overview and Scope of Sidetracking
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Sidetracking by Type
1.3.1 Overview: Global Sidetracking Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global Sidetracking Consumption Value Market Share by Type in 2023
1.3.3 Onshore
1.3.4 Offshore
1.4 Global Sidetracking Market by Application
1.4.1 Overview: Global Sidetracking Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Oil
1.4.3 Natural Gas
1.4.4 Others
1.5 Global Sidetracking Market Size & Forecast
1.6 Global Sidetracking Market Size and Forecast by Region
1.6.1 Global Sidetracking Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global Sidetracking Market Size by Region, (2019-2030)
1.6.3 North America Sidetracking Market Size and Prospect (2019-2030)
1.6.4 Europe Sidetracking Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific Sidetracking Market Size and Prospect (2019-2030)
1.6.6 South America Sidetracking Market Size and Prospect (2019-2030)
1.6.7 Middle East and Africa Sidetracking Market Size and Prospect (2019-2030)
2 Company Profiles
2.1 Baker Hughes Co.
2.1.1 Baker Hughes Co. Details
2.1.2 Baker Hughes Co. Major Business
2.1.3 Baker Hughes Co. Sidetracking Product and Solutions
2.1.4 Baker Hughes Co. Sidetracking Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Baker Hughes Co. Recent Developments and Future Plans
2.2 Equinor ASA
2.2.1 Equinor ASA Details
2.2.2 Equinor ASA Major Business
2.2.3 Equinor ASA Sidetracking Product and Solutions
2.2.4 Equinor ASA Sidetracking Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Equinor ASA Recent Developments and Future Plans
2.3 Eurasia Drilling
2.3.1 Eurasia Drilling Details
2.3.2 Eurasia Drilling Major Business
2.3.3 Eurasia Drilling Sidetracking Product and Solutions
2.3.4 Eurasia Drilling Sidetracking Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Eurasia Drilling Recent Developments and Future Plans
2.4 Halliburton
2.4.1 Halliburton Details
2.4.2 Halliburton Major Business
2.4.3 Halliburton Sidetracking Product and Solutions
2.4.4 Halliburton Sidetracking Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Halliburton Recent Developments and Future Plans
2.5 Nabors Industries
2.5.1 Nabors Industries Details
2.5.2 Nabors Industries Major Business
2.5.3 Nabors Industries Sidetracking Product and Solutions
2.5.4 Nabors Industries Sidetracking Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Nabors Industries Recent Developments and Future Plans
2.6 National Oilwell Varco
2.6.1 National Oilwell Varco Details
2.6.2 National Oilwell Varco Major Business
2.6.3 National Oilwell Varco Sidetracking Product and Solutions
2.6.4 National Oilwell Varco Sidetracking Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 National Oilwell Varco Recent Developments and Future Plans
2.7 Odfjell Drilling
2.7.1 Odfjell Drilling Details
2.7.2 Odfjell Drilling Major Business
2.7.3 Odfjell Drilling Sidetracking Product and Solutions
2.7.4 Odfjell Drilling Sidetracking Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Odfjell Drilling Recent Developments and Future Plans
2.8 Schlumberger
2.8.1 Schlumberger Details
2.8.2 Schlumberger Major Business
2.8.3 Schlumberger Sidetracking Product and Solutions
2.8.4 Schlumberger Sidetracking Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Schlumberger Recent Developments and Future Plans
2.9 Weatherford International plc
2.9.1 Weatherford International plc Details
2.9.2 Weatherford International plc Major Business
2.9.3 Weatherford International plc Sidetracking Product and Solutions
2.9.4 Weatherford International plc Sidetracking Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 Weatherford International plc Recent Developments and Future Plans
2.10 Yantai Jereh Oilfield Services Group Co. Ltd.
2.10.1 Yantai Jereh Oilfield Services Group Co. Ltd. Details
2.10.2 Yantai Jereh Oilfield Services Group Co. Ltd. Major Business
2.10.3 Yantai Jereh Oilfield Services Group Co. Ltd. Sidetracking Product and Solutions
2.10.4 Yantai Jereh Oilfield Services Group Co. Ltd. Sidetracking Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Yantai Jereh Oilfield Services Group Co. Ltd. Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Sidetracking Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of Sidetracking by Company Revenue
3.2.2 Top 3 Sidetracking Players Market Share in 2023
3.2.3 Top 6 Sidetracking Players Market Share in 2023
3.3 Sidetracking Market: Overall Company Footprint Analysis
3.3.1 Sidetracking Market: Region Footprint
3.3.2 Sidetracking Market: Company Product Type Footprint
3.3.3 Sidetracking Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Sidetracking Consumption Value and Market Share by Type (2019-2024)
4.2 Global Sidetracking Market Forecast by Type (2025-2030)
5 Market Size Segment by Application
5.1 Global Sidetracking Consumption Value Market Share by Application (2019-2024)
5.2 Global Sidetracking Market Forecast by Application (2025-2030)
6 North America
6.1 North America Sidetracking Consumption Value by Type (2019-2030)
6.2 North America Sidetracking Consumption Value by Application (2019-2030)
6.3 North America Sidetracking Market Size by Country
6.3.1 North America Sidetracking Consumption Value by Country (2019-2030)
6.3.2 United States Sidetracking Market Size and Forecast (2019-2030)
6.3.3 Canada Sidetracking Market Size and Forecast (2019-2030)
6.3.4 Mexico Sidetracking Market Size and Forecast (2019-2030)
7 Europe
7.1 Europe Sidetracking Consumption Value by Type (2019-2030)
7.2 Europe Sidetracking Consumption Value by Application (2019-2030)
7.3 Europe Sidetracking Market Size by Country
7.3.1 Europe Sidetracking Consumption Value by Country (2019-2030)
7.3.2 Germany Sidetracking Market Size and Forecast (2019-2030)
7.3.3 France Sidetracking Market Size and Forecast (2019-2030)
7.3.4 United Kingdom Sidetracking Market Size and Forecast (2019-2030)
7.3.5 Russia Sidetracking Market Size and Forecast (2019-2030)
7.3.6 Italy Sidetracking Market Size and Forecast (2019-2030)
8 Asia-Pacific
8.1 Asia-Pacific Sidetracking Consumption Value by Type (2019-2030)
8.2 Asia-Pacific Sidetracking Consumption Value by Application (2019-2030)
8.3 Asia-Pacific Sidetracking Market Size by Region
8.3.1 Asia-Pacific Sidetracking Consumption Value by Region (2019-2030)
8.3.2 China Sidetracking Market Size and Forecast (2019-2030)
8.3.3 Japan Sidetracking Market Size and Forecast (2019-2030)
8.3.4 South Korea Sidetracking Market Size and Forecast (2019-2030)
8.3.5 India Sidetracking Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia Sidetracking Market Size and Forecast (2019-2030)
8.3.7 Australia Sidetracking Market Size and Forecast (2019-2030)
9 South America
9.1 South America Sidetracking Consumption Value by Type (2019-2030)
9.2 South America Sidetracking Consumption Value by Application (2019-2030)
9.3 South America Sidetracking Market Size by Country
9.3.1 South America Sidetracking Consumption Value by Country (2019-2030)
9.3.2 Brazil Sidetracking Market Size and Forecast (2019-2030)
9.3.3 Argentina Sidetracking Market Size and Forecast (2019-2030)
10 Middle East & Africa
10.1 Middle East & Africa Sidetracking Consumption Value by Type (2019-2030)
10.2 Middle East & Africa Sidetracking Consumption Value by Application (2019-2030)
10.3 Middle East & Africa Sidetracking Market Size by Country
10.3.1 Middle East & Africa Sidetracking Consumption Value by Country (2019-2030)
10.3.2 Turkey Sidetracking Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia Sidetracking Market Size and Forecast (2019-2030)
10.3.4 UAE Sidetracking Market Size and Forecast (2019-2030)
11 Market Dynamics
11.1 Sidetracking Market Drivers
11.2 Sidetracking Market Restraints
11.3 Sidetracking Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Sidetracking Industry Chain
12.2 Sidetracking Upstream Analysis
12.3 Sidetracking Midstream Analysis
12.4 Sidetracking Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer

Companies Mentioned:

Baker Hughes Co.
Equinor ASA
Eurasia Drilling
Halliburton
Nabors Industries
National Oilwell Varco
Odfjell Drilling
Schlumberger
Weatherford International plc
Yantai Jereh Oilfield Services Group Co. Ltd.

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