Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Oil and Gas Downhole Cables Market by Type (Tubing Sealed Cable (TEC), Optic Fibre Cable, Hybrid Cable, ESP Cable, Other), By Application (Oil and Gas Production, Data Collection, Well Monitoring, Electric Underground Equipment, Instrumentation and Control, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Oil and Gas Downhole Cables Market by Type (Tubing Sealed Cable (TEC), Optic Fibre Cable, Hybrid Cable, ESP Cable, Other), By Application (Oil and Gas Production, Data Collection, Well Monitoring, Electric Underground Equipment, Instrumentation and Control, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 255026 4200 Electronics & Semiconductor 377 239 Pages 4.8 (47)
                                          

Market Overview:


The global oil and gas downhole cables 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. Additionally, the rising investment in exploration and production activities is also propelling the growth of this market. The global oil and gas downhole cables market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into tubing sealed cable (TEC), optic fibre cable, hybrid cable, ESP cable, and other types. The TEC segment is expected to hold a major share in this market owing to its properties such as high pressure resistance and low thermal expansion coefficient.

Product Definition:


Oil and Gas Downhole Cables are wires that are used to transmit power or signals from the surface to downhole tools or equipment in an oil or gas well. They are often used in drilling operations to power drill bits, circulate drilling fluid, and measure various parameters such as depth, inclination, and temperature.


Global Oil and Gas Downhole Cables Industry Outlook


Tubing Sealed Cable (TEC):


TEC is a type of downhole cable that is used to transmit data and power from the surface to the well. It consists of two conductors, one of which is coated with an insulation material (insulation) while the other one is bare copper. The insulated conductor carries electric current in a straight line while the bare conductor makes an S-shaped curve through magnetic fields as it travels through rock layers.


The primary function of TEC includes providing electrical power.


Optic Fibre Cable:


Optic fibres are flexible transparent cables made up of high-quality glass and plastic that operate in the visible light region. They are used for transmitting data and power from one point to another inside an oil or gas well. The optic fibres cable consists of a central conductor wire, surrounded by insulation on all sides except for the end, which is sealed with a protective outer sheath.


Application Insights:


The oil and gas production segment dominated the global downhole cables market in 2017, accounting for over 60.0% share of the overall revenue. The growth can be attributed to increasing production activities in mature regions coupled with growing demand for onshore and offshore facilities across the globe. Furthermore, technological advancements such as advanced fiber optic technology coupled with electric power provide a cost-effective solution while drilling or while circulating oil & gas wells are expected to drive industry growth over the forecast period.


The data collection segment is anticipated to witness significant growth during the forecast period owing to rising demand from exploration and Production (E&P) companies for deploying advanced tools while drilling or recompleting existing wells that require long-distance deployment of sensors/cameras etc., These factors are projecteded drive industry expansion at a CAGR of XX% from 2018 to 2030.


Regional Analysis:


North America dominated the global market in 2017 owing to the presence of a large number of oil and gas producing countries such as the U.S., Canada, and Mexico. The region is expected to maintain its dominance over the forecast period due to increasing investments in unconventional development activities such as shale plays, tight sands, coal bed methane hydrate resources etc.


The Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing government spending on exploration & production activities for meeting energy demands coupled with rising FDI flow from various companies operating in this sector including Sinopec Corporation; China National Offshore Oil Corporation (CNOOC); Total S.A.


Growth Factors:


  • Increasing demand for oil and gas due to population growth and industrialization
  • Rising investment in exploration and production activities
  • Technological advancements in downhole cables that improve performance and reliability
  • Growing use of downhole cables in unconventional drilling applications
  • Expansion of the global cable manufacturing base

Scope Of The Report

Report Attributes

Report Details

Report Title

Oil and Gas Downhole Cables Market Research Report

By Type

Tubing Sealed Cable (TEC), Optic Fibre Cable, Hybrid Cable, ESP Cable, Other

By Application

Oil and Gas Production, Data Collection, Well Monitoring, Electric Underground Equipment, Instrumentation and Control, Other

By Companies

Prysmian Group, Eland Cables, Nexans Group, NKT A/S, ABB, Marmon Group (Berkshire Hathaway), W. L. Gore & Associates, Inc., Belden Inc., LS Group, AFL, ZTT, Tratos, Texcan

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

239

Number of Tables & Figures

168

Customization Available

Yes, the report can be customized as per your need.


Global Oil and Gas Downhole Cables Market Report Segments:

The global Oil and Gas Downhole Cables market is segmented on the basis of:

Types

Tubing Sealed Cable (TEC), Optic Fibre Cable, Hybrid Cable, ESP Cable, 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

Oil and Gas Production, Data Collection, Well Monitoring, Electric Underground Equipment, Instrumentation and Control, 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:

  1. Prysmian Group
  2. Eland Cables
  3. Nexans Group
  4. NKT A/S
  5. ABB
  6. Marmon Group (Berkshire Hathaway)
  7. W. L. Gore & Associates, Inc.
  8. Belden Inc.
  9. LS Group
  10. AFL
  11. ZTT
  12. Tratos
  13. Texcan

Global Oil and Gas Downhole Cables Market Overview


Highlights of The Oil and Gas Downhole Cables Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Tubing Sealed Cable (TEC)
    2. Optic Fibre Cable
    3. Hybrid Cable
    4. ESP Cable
    5. Other
  1. By Application:

    1. Oil and Gas Production
    2. Data Collection
    3. Well Monitoring
    4. Electric Underground Equipment
    5. Instrumentation and Control
    6. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Oil and Gas Downhole Cables 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
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Oil and Gas Downhole Cables Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Oil and gas downhole cables are used to transmit data and power between the surface and the well. They are made of a variety of materials, including steel, copper, plastic, and fiberglass.

Some of the major players in the oil and gas downhole cables market are Prysmian Group, Eland Cables, Nexans Group, NKT A/S, ABB, Marmon Group (Berkshire Hathaway), W. L. Gore & Associates, Inc., Belden Inc., LS Group, AFL, ZTT, Tratos, Texcan.

The oil and gas downhole cables market is expected to grow at a compound annual growth rate of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Oil and Gas Downhole Cables 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 Oil and Gas Downhole Cables Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Oil and Gas Downhole Cables 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 Oil and Gas Downhole Cables 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 Oil and Gas Downhole Cables Market Size & Forecast, 2018-2028       4.5.1 Oil and Gas Downhole Cables Market Size and Y-o-Y Growth       4.5.2 Oil and Gas Downhole Cables Market Absolute $ Opportunity

Chapter 5 Global Oil and Gas Downhole Cables 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 Oil and Gas Downhole Cables Market Size Forecast by Type
      5.2.1 Tubing Sealed Cable (TEC)
      5.2.2 Optic Fibre Cable
      5.2.3 Hybrid Cable
      5.2.4 ESP Cable
      5.2.5 Other
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Oil and Gas Downhole Cables 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 Oil and Gas Downhole Cables Market Size Forecast by Applications
      6.2.1 Oil and Gas Production
      6.2.2 Data Collection
      6.2.3 Well Monitoring
      6.2.4 Electric Underground Equipment
      6.2.5 Instrumentation and Control
      6.2.6 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Oil and Gas Downhole Cables 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 Oil and Gas Downhole Cables 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 Oil and Gas Downhole Cables Analysis and Forecast
   9.1 Introduction
   9.2 North America Oil and Gas Downhole Cables 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 Oil and Gas Downhole Cables Market Size Forecast by Type
      9.6.1 Tubing Sealed Cable (TEC)
      9.6.2 Optic Fibre Cable
      9.6.3 Hybrid Cable
      9.6.4 ESP Cable
      9.6.5 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 Oil and Gas Downhole Cables Market Size Forecast by Applications
      9.10.1 Oil and Gas Production
      9.10.2 Data Collection
      9.10.3 Well Monitoring
      9.10.4 Electric Underground Equipment
      9.10.5 Instrumentation and Control
      9.10.6 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 Oil and Gas Downhole Cables Analysis and Forecast
   10.1 Introduction
   10.2 Europe Oil and Gas Downhole Cables 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 Oil and Gas Downhole Cables Market Size Forecast by Type
      10.6.1 Tubing Sealed Cable (TEC)
      10.6.2 Optic Fibre Cable
      10.6.3 Hybrid Cable
      10.6.4 ESP Cable
      10.6.5 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 Oil and Gas Downhole Cables Market Size Forecast by Applications
      10.10.1 Oil and Gas Production
      10.10.2 Data Collection
      10.10.3 Well Monitoring
      10.10.4 Electric Underground Equipment
      10.10.5 Instrumentation and Control
      10.10.6 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 Oil and Gas Downhole Cables Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Oil and Gas Downhole Cables 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 Oil and Gas Downhole Cables Market Size Forecast by Type
      11.6.1 Tubing Sealed Cable (TEC)
      11.6.2 Optic Fibre Cable
      11.6.3 Hybrid Cable
      11.6.4 ESP Cable
      11.6.5 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 Oil and Gas Downhole Cables Market Size Forecast by Applications
      11.10.1 Oil and Gas Production
      11.10.2 Data Collection
      11.10.3 Well Monitoring
      11.10.4 Electric Underground Equipment
      11.10.5 Instrumentation and Control
      11.10.6 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 Oil and Gas Downhole Cables Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Oil and Gas Downhole Cables 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 Oil and Gas Downhole Cables Market Size Forecast by Type
      12.6.1 Tubing Sealed Cable (TEC)
      12.6.2 Optic Fibre Cable
      12.6.3 Hybrid Cable
      12.6.4 ESP Cable
      12.6.5 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 Oil and Gas Downhole Cables Market Size Forecast by Applications
      12.10.1 Oil and Gas Production
      12.10.2 Data Collection
      12.10.3 Well Monitoring
      12.10.4 Electric Underground Equipment
      12.10.5 Instrumentation and Control
      12.10.6 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) Oil and Gas Downhole Cables Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Oil and Gas Downhole Cables 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) Oil and Gas Downhole Cables Market Size Forecast by Type
      13.6.1 Tubing Sealed Cable (TEC)
      13.6.2 Optic Fibre Cable
      13.6.3 Hybrid Cable
      13.6.4 ESP Cable
      13.6.5 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) Oil and Gas Downhole Cables Market Size Forecast by Applications
      13.10.1 Oil and Gas Production
      13.10.2 Data Collection
      13.10.3 Well Monitoring
      13.10.4 Electric Underground Equipment
      13.10.5 Instrumentation and Control
      13.10.6 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 Oil and Gas Downhole Cables Market: Competitive Dashboard
   14.2 Global Oil and Gas Downhole Cables Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Prysmian Group
      14.3.2 Eland Cables
      14.3.3 Nexans Group
      14.3.4 NKT A/S
      14.3.5 ABB
      14.3.6 Marmon Group (Berkshire Hathaway)
      14.3.7 W. L. Gore & Associates, Inc.
      14.3.8 Belden Inc.
      14.3.9 LS Group
      14.3.10 AFL
      14.3.11 ZTT
      14.3.12 Tratos
      14.3.13 Texcan

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