Market Overview:
The Global Casing Collar Locator Market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for oil and gas across the globe and the rising number of drilling activities in offshore areas. Based on type, the global casing collar locator market is segmented into wireless casing collar locator and mechanical casing collar locator. The wireless casing collar locators segment is projected to grow at a higher CAGR during the forecast period, owing to its advantages such as easy installation, no wiring required, and real-time data transmission. Based on application, the global casing collar locator market is segmented into oil and gas industry and other applications.
Product Definition:
The casing collar locator (CCL) is a tool that is run on wireline and used to determine the location of the casing collar. The CCL consists of a housing that surrounds a transmitter and receiver. When the tool is in close proximity to the casing collar, it will send out an electromagnetic signal. This signal will be received by the receiver in the housing and then processed by software to provide a three-dimensional representation of where the CCL is positioned relative to the wellbore.
Wireless Casing Collar Locator:
Wireless casing collar locator is a device used to locate the position of the drill string in a well. It is an active form of cable-based drilling instrument and consists of two metal plates, one at each end. The lower plate has several notches cut into it and these notches transmit electrical signals to the surface when plumbed into an audio or visual display onshore or offshore.
Wireless casing collar locator, it's usage.
Mechanical Casing Collar Locator:
The mechanical casing collar locator is a device used to locate the mechanical casing collars in the wellbore. It is an important tool for cementing operations during oil & gas extraction. The primary function of this device is to keep track of where the casings are within downhole limits, and also helps operators control their speed while drilling (SBD) or while working around a wellbore.
Application Insights:
The oil and gas industry accounted for the largest market share in 2017. The global increase in production of petroleum products has led to an increased demand for casing collars, which are used to control cementing fluids during drilling operations. Furthermore, the growing need to manage high-pressure hydrocarbons is expected to drive product demand over the forecast period.
The use of casing collars helps prevent accidents while drilling as they help maintain a constant depth of penetration and also aid in reducing costs by reducing downtime due to lost circulation or stuck pipes caused due to cement failure at the wellborehole wall. These factors are anticipated lead towards a significant growth rate over the forecast period across all regions coupled with other applications such as power generation plants and water wells that utilize perforated tubing systems for fluid transportation are expected fuel additional segment growth through 2030.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing wellhead pressure, which is leading to increased expenditure on exploration and production activities. In addition, growing shale gas exploration and development in this region are expected to drive industry expansion over the forecast period.
The Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing offshore drilling activities across countries such as China, India, Malaysia and Indonesia. Furthermore, rising oil & gas E&P activity in South East Asian countries such as Thailand and Vietnam will further boost industry expansion over the coming years.
Europe also accounted for a considerable share of global revenue generation owing to high demand from oil & gas industries operating both onshore as well offshore locations across various European nations including UK, Norway Russia etc.
Growth Factors:
- Increasing demand for oil and gas due to population growth and industrialization
- Rising investment in exploration and production activities of oil and gas
- Technological advancements in the field of Casing Collar Locator that improve accuracy levels
- Growing awareness about the benefits of using Casing Collar Locator among drilling professionals
- Stringent government regulations for safety during drilling operations
Scope Of The Report
Report Attributes
Report Details
Report Title
Casing Collar Locator Market Research Report
By Type
Wireless Casing Collar Locator, Mechanical Casing Collar Locator
By Application
Oil and Gas Industry, Other
By Companies
Schlumberger, GE Oil & Gas, Yellow Jacket, Hunting Energy Services, GeoVista, A2E, Halliburton, Altus Intervention, Paradigm Technology Services, SEMM Logging, Schlumberger, Hotwell, Pro-ESI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Casing Collar Locator Market Report Segments:
The global Casing Collar Locator market is segmented on the basis of:
Types
Wireless Casing Collar Locator, Mechanical Casing Collar Locator
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil and Gas Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Schlumberger
- GE Oil & Gas
- Yellow Jacket
- Hunting Energy Services
- GeoVista
- A2E
- Halliburton
- Altus Intervention
- Paradigm Technology Services
- SEMM Logging
- Schlumberger
- Hotwell
- Pro-ESI
Highlights of The Casing Collar Locator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wireless Casing Collar Locator
- Mechanical Casing Collar Locator
- By Application:
- Oil and Gas Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Casing Collar Locator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A casing collar locator is a tool used to identify the location of a casing in an oil or gas well.
Some of the key players operating in the casing collar locator market are Schlumberger, GE Oil & Gas, Yellow Jacket, Hunting Energy Services, GeoVista, A2E, Halliburton, Altus Intervention, Paradigm Technology Services, SEMM Logging, Schlumberger, Hotwell, Pro-ESI.
The casing collar locator market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Casing Collar Locator Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Casing Collar Locator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Casing Collar Locator Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Casing Collar Locator Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Casing Collar Locator Market Size & Forecast, 2020-2028
4.5.1 Casing Collar Locator Market Size and Y-o-Y Growth
4.5.2 Casing Collar Locator Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Wireless Casing Collar Locator
5.2.2 Mechanical Casing Collar Locator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Oil and Gas Industry
6.2.2 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Casing Collar Locator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Casing Collar Locator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Wireless Casing Collar Locator
9.6.2 Mechanical Casing Collar Locator
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Oil and Gas Industry
9.10.2 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Wireless Casing Collar Locator
10.6.2 Mechanical Casing Collar Locator
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Oil and Gas Industry
10.10.2 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Wireless Casing Collar Locator
11.6.2 Mechanical Casing Collar Locator
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Oil and Gas Industry
11.10.2 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Wireless Casing Collar Locator
12.6.2 Mechanical Casing Collar Locator
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Oil and Gas Industry
12.10.2 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Wireless Casing Collar Locator
13.6.2 Mechanical Casing Collar Locator
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Oil and Gas Industry
13.10.2 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Casing Collar Locator Market: Competitive Dashboard
14.2 Global Casing Collar Locator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schlumberger
14.3.2 GE Oil & Gas
14.3.3 Yellow Jacket
14.3.4 Hunting Energy Services
14.3.5 GeoVista
14.3.6 A2E
14.3.7 Halliburton
14.3.8 Altus Intervention
14.3.9 Paradigm Technology Services
14.3.10 SEMM Logging
14.3.11 Schlumberger
14.3.12 Hotwell
14.3.13 Pro-ESI
