Market Overview:
The global logging evaluation equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for oil and gas across the globe. In addition, technological advancements in logging evaluation equipment are also contributing to the growth of this market. On the basis of type, wireline logging evaluation is expected to hold a major share of the global logging evaluation equipment market during the forecast period. This can be attributed to its ability to provide accurate and reliable data about subsurface formations.
Product Definition:
Logging Evaluation Equipment is used to measure the physical and mechanical properties of logs. It is important for assessing the quality of logs and determining their suitability for specific end uses.
Wireline Logging Evaluation:
Wireline logging evaluation is a process of determining the effectiveness of well logging systems and their ability to provide accurate data. It includes testing, analyzing, and evaluating the quality of data obtained from downhole instruments including wireline tools. The primary objective is to evaluate if the system under test provides adequate performance for making drilling decisions in exploration projects.
Formation Evaluation while Drilling (FEWD):
The global formation evaluation while drilling (FEWD) and it's usage in logging evaluation equipment market size was valued at USD 1.5 billion in 2016. Increasing oil & gas production coupled with the growing E&P activities is expected to drive the FEWD systems demand over the forecast period.
Application Insights:
The other application segment includes well completions, intervention services and blind boreholes. The market for other applications is expected to witness significant growth over the forecast period owing to an increase in demand for intervention services and blind borehole drilling. Intervention services are used to log formation data while servicing wells that have been drilled but cannot be completed due to logistical reasons such as lack of sufficient funding or technical expertise. Blind borehole drilling involves the use of a logging tool during a vertical or horizontal wellbore exploration, which provides real-time information about the progression of each stage of drilling by providing logs with measured values at specific intervals along with indications about possible problems in case they occur. Such factors are anticipated to drive industry growth over the coming years.
Shallow wells were estimated as being worth USD 2 billion in 2015.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2016 at over 35.0%. The region is expected to maintain its dominance throughout the forecast period owing to factors such as increasing number of active wells, shale plays and tight oil plays, which are driving demand for advanced technologies for well logging services. In addition, growing need for well completion activities is anticipated to drive industry growth over the next eight years.
Asia Pacific regional market was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for wood and timber products
- Rapid industrialization and urbanization in developing countries
- Growing awareness about the benefits of using logging evaluation equipment
- Rising investments in infrastructure development projects
- Technological advancements that improve the efficiency and accuracy of logging evaluation equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Logging Evaluation Equipment Market Research Report
By Type
Wireline Logging Evaluation, Formation Evaluation while Drilling (FEWD), Surface Logging Service (SLS), Other
By Application
Shallow Wells, Deep Wells, Other
By Companies
CNPC, GE(Baker Hughes), Century Drilling & Energy Services, CNLC, Cordax, Halliburton, Horizon Well Logging，Inc, National Energy Services Reunited Corp, Schlumberger, CNPC
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
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Logging Evaluation Equipment Market Report Segments:
The global Logging Evaluation Equipment market is segmented on the basis of:
Types
Wireline Logging Evaluation, Formation Evaluation while Drilling (FEWD), Surface Logging Service (SLS), Other
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
Shallow Wells, Deep Wells, 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:
- CNPC
- GE(Baker Hughes)
- Century Drilling & Energy Services
- CNLC
- Cordax
- Halliburton
- Horizon Well Logging，Inc
- National Energy Services Reunited Corp
- Schlumberger
- CNPC
Highlights of The Logging Evaluation Equipment 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:
- Wireline Logging Evaluation
- Formation Evaluation while Drilling (FEWD)
- Surface Logging Service (SLS)
- Other
- By Application:
- Shallow Wells
- Deep Wells
- 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 Logging Evaluation Equipment 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.
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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?
Logging evaluation equipment is a type of machine used to measure the amount of logging that has taken place in an area. This equipment can be used to determine how much wood has been cut, how many trees have been felled, and other information about the logging operation.
Some of the major companies in the logging evaluation equipment market are CNPC, GE(Baker Hughes), Century Drilling & Energy Services, CNLC, Cordax, Halliburton, Horizon Well Logging，Inc, National Energy Services Reunited Corp, Schlumberger, CNPC.
The logging evaluation equipment 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 Logging Evaluation Equipment 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 Logging Evaluation Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Logging Evaluation Equipment 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 Logging Evaluation Equipment 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 Logging Evaluation Equipment Market Size & Forecast, 2018-2028
4.5.1 Logging Evaluation Equipment Market Size and Y-o-Y Growth
4.5.2 Logging Evaluation Equipment Market Absolute $ Opportunity
Chapter 5 Global Logging Evaluation Equipment 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 Logging Evaluation Equipment Market Size Forecast by Type
5.2.1 Wireline Logging Evaluation
5.2.2 Formation Evaluation while Drilling (FEWD)
5.2.3 Surface Logging Service (SLS)
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Logging Evaluation Equipment 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 Logging Evaluation Equipment Market Size Forecast by Applications
6.2.1 Shallow Wells
6.2.2 Deep Wells
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Logging Evaluation Equipment 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 Logging Evaluation Equipment 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 Logging Evaluation Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Logging Evaluation Equipment 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 Logging Evaluation Equipment Market Size Forecast by Type
9.6.1 Wireline Logging Evaluation
9.6.2 Formation Evaluation while Drilling (FEWD)
9.6.3 Surface Logging Service (SLS)
9.6.4 Other
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 Logging Evaluation Equipment Market Size Forecast by Applications
9.10.1 Shallow Wells
9.10.2 Deep Wells
9.10.3 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 Logging Evaluation Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Logging Evaluation Equipment 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 Logging Evaluation Equipment Market Size Forecast by Type
10.6.1 Wireline Logging Evaluation
10.6.2 Formation Evaluation while Drilling (FEWD)
10.6.3 Surface Logging Service (SLS)
10.6.4 Other
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 Logging Evaluation Equipment Market Size Forecast by Applications
10.10.1 Shallow Wells
10.10.2 Deep Wells
10.10.3 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 Logging Evaluation Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Logging Evaluation Equipment 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 Logging Evaluation Equipment Market Size Forecast by Type
11.6.1 Wireline Logging Evaluation
11.6.2 Formation Evaluation while Drilling (FEWD)
11.6.3 Surface Logging Service (SLS)
11.6.4 Other
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 Logging Evaluation Equipment Market Size Forecast by Applications
11.10.1 Shallow Wells
11.10.2 Deep Wells
11.10.3 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 Logging Evaluation Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Logging Evaluation Equipment 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 Logging Evaluation Equipment Market Size Forecast by Type
12.6.1 Wireline Logging Evaluation
12.6.2 Formation Evaluation while Drilling (FEWD)
12.6.3 Surface Logging Service (SLS)
12.6.4 Other
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 Logging Evaluation Equipment Market Size Forecast by Applications
12.10.1 Shallow Wells
12.10.2 Deep Wells
12.10.3 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) Logging Evaluation Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Logging Evaluation Equipment 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) Logging Evaluation Equipment Market Size Forecast by Type
13.6.1 Wireline Logging Evaluation
13.6.2 Formation Evaluation while Drilling (FEWD)
13.6.3 Surface Logging Service (SLS)
13.6.4 Other
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) Logging Evaluation Equipment Market Size Forecast by Applications
13.10.1 Shallow Wells
13.10.2 Deep Wells
13.10.3 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 Logging Evaluation Equipment Market: Competitive Dashboard
14.2 Global Logging Evaluation Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CNPC
14.3.2 GE(Baker Hughes)
14.3.3 Century Drilling & Energy Services
14.3.4 CNLC
14.3.5 Cordax
14.3.6 Halliburton
14.3.7 Horizon Well Logging，Inc
14.3.8 National Energy Services Reunited Corp
14.3.9 Schlumberger
14.3.10 CNPC
