Mud Motor Market By Application (Oil Industry, Natural Gas Industry, Others), By Type (Outer Diameter: Lower Than 100mm, Outer Diameter: 100mm-200mm, Outer Diameter > 200mm) - Industry Size, Growth, Share And Forecast To 2026
Mud motor market refers to the market of pumps that are attached to the drill string in order to provide supplementary power while drilling. Mud motor is a type of progressive cavity positive displacement pump that uses drilling fluid in order to create extra torque in the power section which is transferred as concentric power to the drill bit. The global market for mud motor is expected to witness a substantial growth over the forecast period of 2019-2026. Factors including increasing oil exploration activities to meet the growing demand for crude oil along with growing focus on natural gas exploration and benefits associated with the use of mud motor act as key drivers for the growth of the market.
The report on the global mud motor market covers segmentation analysis of application and type. Based on the application the global market for mud motor has been sub segmented into oil industry, Natural gas industry and others. The oil industry dominates the application segment of the global mud motor market. Increased oil exploration activities in the gulf countries along with ability of mud motors to drill in extremely hard rock formations has leveraged its huge adoption in the offshore oil drilling. However natural gas industry is expected to grow at the highest rate primarily due to increasing requirement of horizontal drilling in the natural gas industry. Based on the type the marker is sub-segmented into eternal diameter lower than 100mm, 100-200mm and greater than 200mm. Segment with external diameter between 100 and 200 mm is expected to dominate the market. However external diameter lower than 100mm is expected to grow at the highest rate.
Geographically, North America is expected to account for the largest market share in terms of revenue for the mud motor market followed by ROW and Asia Pacific 2017. The North America market is primarily driven by growing drilling operation to obtain shale gas in the region along with technological advancements in oil exploration technology act as primary driver for the market. Further, ROW mud motor market is expected to grow at the highest rate over the forecast period.
The global mud motor market is highly consolidated market with the presence of some global players and few regional players. The key players in the market are Schlumberger, Cougar Drilling Solutions, Gyrodata Incorporated, Ramset, Scientific Drilling International and National Oilwell Varco. The demand for low accident rate and high drilling rate in the oil and natural gas industry has led the market players within the mud motor market to advance their product portfolio.
1. Preface
1.1. Report Scope and Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Mud motor Market
2.1.1. Global Mud motor Market, by Application, 2018 (US$ Mn)
2.1.2. Global Mud motor Market, by Type, 2018 (US$ Mn)
2.1.3. Global Mud motor Market, by Geography, 2018 (US$ Mn)
3. Market Dynamics
3.1. Introduction
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Increasing oil exploration activities globally
3.2.1.2. Increased focus on Natural Gas exploration
3.2.1.3. Benefits associated with the use of Mud Motor
3.2.2. Market Restraints
3.2.2.1. High cost of drilling procedure
3.2.3. Market Opportunities
3.2.3.1. Shale gas exploration
3.2.4. Market Challenges
3.2.4.1. Availability of alternate methods
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market share of Key Players, 2018
3.5. Top five findings and strategic analysis
4. Global Mud motor Market, by Application
4.1. Overview
4.1.1. Global Mud motor Market Value Share, by Application, 2018 & 2026 (Value, %)
4.1.2. Global Mud motor Market, by Application, 2019-2026 (US$ Mn)
4.2. Oil Industry
4.2.1. Global Mud motor Market for Oil Industry, 2019-2026 (US$ Mn)
4.2.2. Global Mud motor Market for Oil Industry, by Region 2019-2026 (US$ Mn)
4.3. Natural Gas Industry
4.3.1. Global Mud motor Market for Natural Gas Industry, 2019-2026 (US$ Mn)
4.3.2. Global Mud motor Market for Natural Gas Industry, by Region 2019-2026 (US$ Mn)
4.4. Others
4.4.1. Global Mud motor Market for Others, 2019-2026 (US$ Mn)
4.4.2. Global Mud motor Market for Others, by Region 2019-2026 (US$ Mn)
5. Global Mud motor Market, by Type
5.1. Overview
5.1.1. Global Mud motor Market Value Share, by Type, 2018 & 2026 (Value, %)
5.1.2. Global Mud motor Market, by Type, 2019-2026 (US$ Mn)
5.2. Outer Diameter: lower than 100mm
5.2.1. Market Determinants (Drivers, Restraints, Challenges & Opportunity)
5.2.2. Global Mud motor Market for Outer Diameter: lower than 100mm, 2019-2026 (US$ Mn)
5.2.3. Global Mud motor Market for Outer Diameter: lower than 100mm, by Region 2019-2026 (US$ Mn)
5.3. Outer Diameter: 100mm-200mm
5.3.1. Market Determinants (Drivers, Restraints, Challenges & Opportunity)
5.3.2. Global Mud motor Market for Outer Diameter: 100mm-200mm, 2019-2026 (US$ Mn)
5.3.3. Global Mud motor Market for Outer Diameter: 100mm-200mm, by Region 2019-2026 (US$ Mn)
5.4. Outer Diameter > 200mm
5.4.1. Market Determinants (Drivers, Restraints, Challenges & Opportunity)
5.4.2. Global Mud motor Market for Outer Diameter > 200mm, 2019-2026 (US$ Mn)
5.4.3. Global Mud motor Market for Outer Diameter > 200mm, by Region 2019-2026 (US$ Mn)
6. North America Mud motor Market Analysis
6.1. Overview
6.1.1. North America Mud motor Market, by Application, 2019-2026 (US$ Mn)
6.1.2. North America Mud motor Market, by Type, 2019-2026 (US$ Mn)
6.1.3. North America Mud motor Market, by Country, 2019-2026 (US$ Mn)
6.1.3.1. United States
6.1.3.1.1. United States Mud motor Market 2019 – 2026 (US$ Mn)
6.1.3.2. Canada
6.1.3.2.1. Canada Mud motor Market 2019 – 2026 (US$ Mn)
7. Europe Mud motor Market Analysis
7.1. Overview
7.1.1. Europe Mud motor Market, by Application, 2019-2026 (US$ Mn)
7.1.2. Europe Mud motor Market, by Type, 2019-2026 (US$ Mn)
7.1.3. Europe Mud motor Market, by Country/Region, 2019-2026 (US$ Mn)
7.1.3.1. UK
7.1.3.1.1. UK Mud motor Market 2019 – 2026 (US$ Mn)
7.1.3.2. Germany
7.1.3.2.1. Germany Mud motor Market 2019 – 2026 (US$ Mn)
7.1.3.3. France
7.1.3.3.1. France Mud motor Market 2019 – 2026 (US$ Mn)
7.1.3.4. Rest of Europe
7.1.3.4.1. Rest of Europe Mud motor Market 2019 – 2026 (US$ Mn)
8. Asia Pacific Mud motor Market Analysis
8.1. Overview
8.1.1. Asia Pacific Mud motor Market, by Application, 2019-2026 (US$ Mn)
8.1.2. Asia Pacific Mud motor Market, by Type, 2019-2026 (US$ Mn)
8.1.3. Asia Pacific Mud motor Market, by Country/Region, 2019-2026 (US$ Mn)
8.1.3.1. China
8.1.3.1.1. China Mud motor Market 2019 – 2026 (US$ Mn)
8.1.3.2. India
8.1.3.2.1. India Mud motor Market 2019 – 2026 (US$ Mn)
8.1.3.3. Japan
8.1.3.3.1. Japan Mud motor Market 2019 – 2026 (US$ Mn)
8.1.3.4. Rest of Asia Pacific
8.1.3.4.1. Rest of Asia Pacific Mud motor Market 2019 – 2026 (US$ Mn)
9. Rest of the World Mud motor Market Analysis
9.1. Overview
9.1.1. Rest of the World Mud motor Market, by Application, 2019-2026 (US$ Mn)
9.1.2. Rest of the World Mud motor Market, by Type, 2019-2026 (US$ Mn)
9.1.3. Rest of the World Mud motor Market, by Country/Region, 2019 – 2026 (US$ Mn)
9.1.3.1. Latin America
9.1.3.1.1. Latin America Mud motor Market 2019 – 2026 (US$ Mn)
9.1.3.2. MENA
9.1.3.2.1. MENA Mud motor Market 2019 – 2026 (US$ Mn)
10. Company Profiles
10.1. Schlumberger (USA)
10.1.1. Company Overview
10.1.2. Product Portfolio
10.1.3. Key Strategies
10.1.4. Key Conclusion
10.2. Cougar Drilling Solutions (Saudi Arabia)
10.2.1. Company Overview
10.2.2. Product Portfolio
10.2.3. Key Strategies
10.2.4. Key Conclusion
10.3. Gyrodata Incorporated (USA)
10.3.1. Company Overview
10.3.2. Product Portfolio
10.3.3. Key Strategies
10.3.4. Key Conclusion
10.4. Ramset (USA)
10.4.1. Company Overview
10.4.2. Product Portfolio
10.4.3. Key Strategies
10.4.4. Key Conclusion
10.5. Scientific Drilling International (Russia)
10.5.1. Company Overview
10.5.2. Product Portfolio
10.5.3. Key Strategies
10.5.4. Key Conclusion
10.6. National Oilwell Varco (USA)
10.6.1. Company Overview
10.6.2. Product Portfolio
10.6.3. Key Strategies
10.6.4. Key Conclusion
10.7. Horizontal Technology (USA)
10.7.1. Company Overview
10.7.2. Product Portfolio
10.7.3. Key Strategies
10.7.4. Key Conclusion
10.8. APS Technology (USA)
10.8.1. Company Overview
10.8.2. Product Portfolio
10.8.3. Key Strategies
10.8.4. Key Conclusion
10.9. Dynomax Drilling Tools (Canada)
10.9.1. Company Overview
10.9.2. Product Portfolio
10.9.3. Key Strategies
10.9.4. Key Conclusion
10.10. BICO Drilling Tools (USA)
10.10.1. Company Overview
10.10.2. Product Portfolio
10.10.3. Key Strategies
10.10.4. Key Conclusion
1. Global Mud Motor Market, by Type, 2019-2026 (US$ Mn)
2. Global Mud Motor Market for Mud Motor Outer Diameter: lower than 100mm, by Region 2019-2026 (US$ Mn)
3. Global Mud Motor Market for Mud Motor Outer Diameter: 100mm-200mm, by Region 2019-2026 (US$ Mn)
4. Global Mud Motor Market for Outer Diameter > 200mm, by Region 2019-2026 (US$ Mn)
5. Global Mud Motor Market, by Application, 2019-2026 (US$ Mn)
6. Global Mud Motor Market for Oil Industry, by Region 2019-2026 (US$ Mn)
7. Global Mud Motor Market for Natural Gas Industry, by Region 2019-2026 (US$ Mn)
8. Global Mud Motor Market for Others Industry, by Region 2019-2026 (US$ Mn)
9. Global Mud Motor Market, by Geography, 2019-2026 (US$ Mn)
10. North America Mud Motor Market, by Type, 2019-2026 (US$ Mn)
11. North America Mud Motor Market, by Application, 2019-2026 (US$ Mn)
12. North America Mud Motor Market, by Country, 2019-2026 (US$ Mn)
13. Europe Mud Motor Market, by Type, 2019-2026 (US$ Mn)
14. Europe Mud Motor Market, by Application, 2019-2026 (US$ Mn)
15. Europe Mud Motor Market, by Country/Region, 2019-2026 (US$ Mn)
16. Asia Pacific Mud Motor Market, by Type, 2019-2026 (US$ Mn)
17. Asia Pacific Mud Motor Market, by Application, 2019-2026 (US$ Mn) )
18. Asia Pacific Mud Motor Market, by Country/Region, 2019-2026 (US$ Mn)
19. Rest of the World Mud Motor Market, by Type, 2019-2026 (US$ Mn)
20. Rest of the World Mud Motor Market, by Application, 2019-2026 (US$ Mn)
21. Rest of the World Mud Motor Market, by Country/Region, 2019 – 2026 (US$ Mn)
1. Global Mud Motor Market, by Type, 2018 (US$ Mn)
2. Global Mud Motor Market, by Application, 2018 (US$ Mn)
3. Global Mud Motor Market, by Geography, 2018 (US$ Mn)
4. Global Mud Motor Market Value Share, by Type, 2018 & 2026 (Value, %)
5. Global Mud Motor Market for Mud Motor Outer Diameter: lower than 100mm, 2019-2026 (US$ Mn)
6. Global Mud Motor Market for Mud Motor Outer Diameter: 100mm-200mm, 2019-2026 (US$ Mn)
7. Global Mud Motor Market for Mud Motor Outer Diameter > 200mm, 2019-2026 (US$ Mn)
8. Global Mud Motor Market Value Share, by Application, 2018 & 2026 (Value, %)
9. Global Mud Motor Market for Oil Industry, 2019-2026 (US$ Mn)
10. Global Mud Motor Market for Natural Gas Industry, 2019-2026 (US$ Mn)
11. Global Mud Motor Market for Others Industry, 2019-2026 (US$ Mn)
12. United States Mud Motor Market 2019 – 2026 (US$ Mn)
13. Canada Mud Motor Market 2019 – 2026 (US$ Mn)
14. UK Mud Motor Market 2019 – 2026 (US$ Mn)
15. Germany Mud Motor Market 2019 – 2026 (US$ Mn)
16. France Mud Motor Market 2019 – 2026 (US$ Mn)
17. Rest of Europe Mud Motor Market 2019 – 2026 (US$ Mn)
18. China Mud Motor Market 2019 – 2026 (US$ Mn)
19. India Mud Motor Market 2019 – 2026 (US$ Mn)
20. Japan Mud Motor Market 2019 – 2026 (US$ Mn)
21. Rest of Asia Pacific Mud Motor Market 2019 – 2026 (US$ Mn)
22. Latin America Mud Motor Market 2019 – 2026 (US$ Mn)
23. MENA Mud Motor Market 2019 – 2026 (US$ Mn)
Choose License
Contact Information
: sales@briskinsights.com
: +448081890034 (UK)