Description
Managed pressure drilling is the process used to control bottom hole pressure, formation fracture pressure and pore pressure in the well. The technology helps the exploration companies mitigate the risks while drilling and reduce downtime. The technology helps in determining the downhole pressure and manages the annular pressure accordingly. Managed pressure drilling system can automatically detect influxes and losses in real time.
Rising deep-water and ultra-deepwater exploration activities is a major factor driving the growth of the global managed pressure drilling market. In 2017, Canada had about 7,550 wells drilled and the explorers required high rate of efficiency to produce oil efficiently, which is increasing the demand for the managed pressure drilling market. Drilling activities in harsh environments are growing at a substantial rate in regions, including Norwegian continental shelf and Indonesia. These factors are further driving the growth of the global managed pressure drilling market.
For the purpose of the study the global managed pressure drilling market has been segmented by technology, tool and application. Based on technology the market has been segmented as constant bottom hole pressure, mud cap drilling, dual gradient drilling, and return flow gradient drilling. Constant bottom hole pressure segment dominated the market in 2017 and is expected to remain dominant during the forecast period as constant bottom hole pressure method is a very common technology used for almost all the drilling wells. Based on tools, the market has been segmented as rotating control device, non-return valve, and choke manifold system. Rotating control device segment dominated the market in 2017 and is expected to hold the largest market share during the forecast period as the rotating control devices are vastly used for pressure management. Based on applications, the market is segmented as onshore and offshore. The offshore segment has been dominating the market in 2017 and is expected to remain dominant during the forecast period. The offshore application has more extensive use of managed pressure drilling techniques as recently there has been a number of offshore discoveries with the decline in crude oil resources and exploration companies looking for oilfields offshore. Based on region, the market is segmented into North America, Europe, Asia-Pacific, and rest of the world.
Table of Contents
1 Executive Summary
2 Introduction
2.1 Definition
2.2 Scope of the Study
2.3 Assumptions
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Drivers
4.1.1 Accurate assessment of operating condition of assets
4.1.2 Effective cost reduction compared to manned operations
4.2 Growth Drivers: Impact Analysis
4.3 Restraints
4.3.1 Federal regulations limiting the usage to line-of-sight
4.3.2 Lack of technological advancements for processing the raw data
4.4 Growth Barriers: Impact Analysis
4.5 Opportunity
4.5.1 R&D in drones for energy industry
5 Market Factor Analysis
5.1 Porter’s 5 forces analysis
5.1.1 Threat of New Entrants
5.1.2 Bargaining Power of Suppliers
5.1.3 Threat of Substitutes
5.1.4 Bargaining Power of Buyers
5.1.5 Segment Rivalry
5.2 Value Chain Analysis
6 Global Drones for Energy Industry Market, By Drone Type
6.1 Introduction
6.2 Fixed Wing Drone
6.3 Rotary Blade Drone
6.4 Hybrid Drone
7 Global Drones for Energy Industry Market, By Industry Type
7.1 Introduction
7.2 Oil & Gas
7.3 Power
7.4 Renewable
8 Global Drones for Energy Industry Market, By Application
8.1 Introduction
8.2 Inspection
8.3 Leak and Spillage Response
8.4 Security and Surveillance
9 Global Drones for Energy Industry Market, By Region
9.1 Introduction
9.2 Asia-Pacific
9.2.1 China
9.2.2 Japan
9.2.3 India
9.2.4 Australia
9.2.5 Rest of Asia-Pacific
9.3 Europe
9.3.1 Germany
9.3.2 U.K.
9.3.3 Russia
9.3.4 Rest of Europe
9.4 North America
9.4.1 U.S.
9.4.2 Canada
9.5 Rest of The World
9.5.1 Africa
9.5.2 Latin America
9.5.3 Middle East
10 Cometitive Landscape
10.1 Competitive Landscape
10.1.1 Partnerships & Collaborations
10.1.2 Product Launch
10.1.3 Mergers & Acquisitions
11 Company Profiles
11.1 AeroVironment, Inc
11.1.1 Company Overview
11.1.2 Financial Overview
11.1.3 Service Offering
11.1.4 Strategy
11.2 DJI
11.2.1 Company Overview
11.2.2 Financial Overview
11.2.3 Service Offering
11.2.4 Strategy
11.3 Aeryon Labs, Inc.
11.3.1 Company Overview
11.3.2 Financial Overview
11.3.3 Service Offering
11.3.4 Strategy
11.4 Aibotix GmbH
11.4.1 Company Overview
11.4.2 Financial Overview
11.4.3 Service Offering
11.4.4 Strategy
11.5 Ascending Technologies
11.5.1 Company Overview
11.5.2 Financial Overview
11.5.3 Service Offering
11.5.4 Strategy
11.6 UAvision
11.6.1 Company Overview
11.6.2 Financial Overview
11.6.3 Service Offering
11.6.4 Strategy
11.7 Drone America
11.7.1 Company Overview
11.7.2 Financial Overview
11.7.3 Service Offering
11.7.4 Strategy
11.8 Draganfly Innovations Inc.
11.8.1 Company Overview
11.8.2 Financial Overview
11.8.3 Service Offering
11.8.4 Strategy
11.9 Microdrones
11.9.1 Company Overview
11.9.2 Financial Overview
11.9.3 Service Offering
11.9.4 Strategy
11.10 ING Robotic Aviation
11.10.1 Company Overview
11.10.2 Financial Overview
11.10.3 Service Offering
11.10.4 Strategy
