Energy & Environment Industry Today

Wired Drill Pipe Market: Global Trends, Evolving Technology, Key Vendors, Drivers, Profits & Analysis, Forecast to 2023

Global Wired Drill Pipe Market Information Report, By Location (Onshore, Offshore), By Component Type (Telemetry, Electrical Conductors, Electrical Transmitters, Pressure sensors and Others), By Application (Data Collection, Managed Pressure Drilling, Wellbore integrity in Deep Ultra-Depleted Reservoirs) and By Region - Global Forecast To 2023
Published 09 February 2018
Market research future published a raw research report Global Wired Drill Pipe Market that contains the information from 2017 to 2023.  The Wired drill pipe is expected to grow with the CAGR of approximately 3.2% from 2017 to 2023
Market Research Analysis
Pressure sensors and telemetry components are expected to dominate the market based on component types. Modern drilling operations including LWD sensors now generate so much data that it is not possible to take full advantage of this data due to the limitations imposed by conventional mud pulse telemetry systems. Although advances have been made in the form of data compression and batch transmission modes, mud pulse transmission is the limiting factor in many potential applications. However, global operators are overcoming the limitations of mud pulse telemetry in terms of real-time data transmission speeds and reliability is one of the biggest challenges. As drilling rates increase, the data density of the real-time drilling activity also increases and, drilling rates must be held back to ensure that a usable log in real-time.
The market has been analyzed based on location, components, applications and regions. On the basis of location, the global wired drill pipe market has been segmented as onshore and offshore. Based on component type it is segmented as telemetry, electrical conductors, electrical transmitters and pressure sensors. Further, based on application is has been classified as data collection, managed pressure drilling and wellbore integrity in deep ultra-depleted reservoirs. 
Key players
  • Schlumberger Limited (U.S.),
  • The Halliburton Company (U.S.),
  • IntelliServ (NOV) (U.S.),
  • Baker Hughes (U.S.)
  • Weatherford International PLC (U.S.).
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Scope of the Report
This study provides an overview of the global wired drill pipe market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global wired drill pipe market by product, by application and by regions.
  • By Location
  • Onshore
  • Offshore
  • By Component Type
  • Telemetry
  • Electrical Conductors
  • Electrical Transmitters
  • Pressure Sensors
  • By Application
  • Data collection
  • Managed pressure drilling
  • Wellbore integrity in ultra-depleted reservoirs
  • By Regions
  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
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