China Oil Drilling Downhole Tools Market Supply and Demand Analysis and Investment Prospect Research Report 2014-2018
Published:
2022-10-26
There are eleven chapters in "China Oil Drilling Downhole Tools Market Supply and Demand Analysis and Investment Prospect Research Report 2014-2018" published by Booz Data.
There are eleven chapters in "China Oil Drilling Downhole Tools Market Supply and Demand Analysis and Investment Prospect Research Report 2014-2018" published by Booz Data.
Firstly, it introduces the concept of China oil drilling downhole tools industry, then analyzes the development environment of China oil drilling downhole tools industry, then analyzes the market operation situation of China oil drilling downhole tools industry, and analyzes the opportunities and development prospects faced by China oil drilling downhole tools industry. This report will be an indispensable tool for you if you want to have a systematic understanding of China's oil drilling downhole tools industry or want to invest in this industry.
In recent years, with the continuous development of domestic oil and gas exploration and development and the innovation and development of various process technologies, the market of downhole tools has developed faster. After decades of development, the oil drilling downhole tool manufacturing industry has made great progress in production technology and product development. However, there is still a generally small enterprise scale, a single product range, low value-added and so on. Since the global economic crisis, the oil and gas resources exploration and exploitation boom has declined slightly, the industry market demand has declined, the domestic low-end product overcapacity is obvious, and market competition is becoming increasingly fierce.
At present, the number of enterprises in the industry is large, especially in the low-end product market, and the profitability and profit level of enterprises are at a low level due to the fierce competition in the product market. The industry is in the process of industrial upgrading, and the production capacity of the whole industry will gradually concentrate on the superior enterprises with strong R&D capability, high technology level and good production process, and the superior enterprises will get low-cost mergers and acquisitions and other expansion opportunities.
From the perspective of market structure, as exploration and exploitation to ultra-deep wells, polar drilling, desert drilling, deep-sea drilling and other geological conditions in complex areas, the technical content and product value-added oil drilling equipment and tools demand will grow rapidly, while the market share of low-end products will gradually be shrinking trend. From the perspective of market demand, oil drilling equipment is used in the exploration and exploitation of oil and gas resources, so the regional distribution of its target market is highly consistent with the regional distribution of oil and gas resource production and reserves, showing significant regional characteristics. The domestic market is mainly concentrated in the northwest and northeast regions.
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