Global Hydraulic Packers Market, By Product type (Retrievable packers and Permanent packers), By Application (Onshore and Offshore) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030

Report Code: PMI474621 | Publish Date: May 2023 | No. of Pages: 192

Global Hydraulic Packers Market Overview

A packer is a common component of oil and gas well gear that provides a seal between the inside of the casing and the outside of the tubing. Packers are divided into two categories based on their principal purpose: production packers and service packers. During well production, production packers remain in the well. During well servicing activities such as acidizing, cement squeezing, well testing, and fracturing, service packers are temporarily used. Hydraulic Packers are used in crooked and deviated holes where tube movement is undesirable or restricted. The tubing can be hung with neutral strain, which is required for most wells, producers, and injectors to function properly. It’s also known as a well barrier element, and it’s usually a portion of the well’s principal barrier that prevents the formation of an A-annulus.

Global Hydraulic Packers Market Dynamics

                                                           

Growing Factors

A significant reason projected to boost the worldwide hydraulic packers market in the coming years is the growing preference for bore wells for water supply in urban areas. Bore wells are becoming increasingly common in developing countries. Furthermore, in the next years, demand for hydraulic packers is expected to be driven by technological developments in hydraulic packers, increased use of bore well equipment, and growth in the oil and gas sector. During the projection period, the market is projected to be hampered by high upfront and maintenance expenses, as well as an increase in the number of local players.

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Global Hydraulic Packers Market Segmentation

                                                

The global Hydraulic Packers market is segmented based on product type, application, and region.

On the basis of product, the global Hydraulic packers market is segmented into Retrievable Packers and Permanent Packers. On the basis of application, the target market is segmented into Onshore and Offshore.

Regional Insights:

                                             

On region the global Hydraulic Packers market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to lead the market. North America accounted for the largest market share of Hydraulic Packers in recent years because of increased production of bore wells and technological advancement in the region combined with the presence of key market players. Moreover, increased demand of hydraulic on construction industry mostly of hydraulic packers for bore well impacting positively on the growth of the market

                                                                               

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Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Million & CAGR from 2020 – 2030

Market Segmentation

By Product type- Retrievable Packers and Permanent Packers

By Application–Onshore and Offshore

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global Hydraulic Packers market report based on product type, application, and region.

                                     

Global Hydraulic Packers Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Hydraulic Packers Market Key Players

The key players operating in the global Hydraulic Packers market includes American Completion Tools, Baker Hughes, DandL Oil Tools, Halliburton, Inflatable Packers International, Nabors Industries Ltd., National Oilwell Varco, Schlumberger Limited, TIW Corporation, Weatherford, Bosch Rexroth, Daikin Industries, Eaton, Kawasaki Heavy Industries and Parker Hannifin.

Global Hydraulic Packers Market Company Profile

  • American Completion Tools.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Baker Hughes
  • DandL Oil Tools
  • Halliburton
  • Inflatable Packers International
  • Nabors Industries Ltd.
  • National Oilwell Varco
  • Schlumberger Limited
  • TIW Corporation
  • Weatherford
  • Bosch Rexroth
  • Daikin Industries
  • Eaton
  • Kawasaki Heavy Industries
  • Parker Hannifin

“*” marked represents similar segmentation in other categories in the respective section

Global Hydraulic Packers Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Hydraulic Packers Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Product type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Hydraulic Packers Market, By Product type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Retrievable packers
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Permanent packers
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Global COVID-19 Vaccine Market, By Application, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Onshore
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Offshore
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Global Hydraulic Packers Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Product type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Product type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Product type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Product type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Product type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
  • American Completion Tools.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Hughes
  • DandL Oil Tools
  • Halliburton
  • Inflatable Packers International
  • Nabors Industries Ltd.
  • National Oilwell Varco
  • Schlumberger Limited
  • TIW Corporation
  • Weatherford
  • Bosch Rexroth
  • Daikin Industries
  • Eaton
  • Kawasaki Heavy Industries
  • Parker Hannifin

The Last Word

    • Future Impact
    • About Us
    • Contact

FAQs

The global Hydraulic Packers market is segmented based on product type, application, and region

A significant reason projected to boost the worldwide hydraulic packers market in the coming years is the growing preference for bore wells for water supply in urban areas.

North America accounted for the largest market share of Hydraulic Packers in recent years because of increased production of bore wells and technological advancement in the region combined with the presence of key market players.

The key players operating in the global Hydraulic Packers market includes American Completion Tools, Baker Hughes, DandL Oil Tools, Halliburton, Inflatable Packers International, Nabors Industries Ltd., National Oilwell Varco, Schlumberger Limited, TIW Corporation, Weatherford, Bosch Rexroth, Daikin Industries, Eaton, Kawasaki Heavy Industries and Parker Hannifin.