The global downhole tools market was valued at USD 4.73 billion in 2023 and is projected to reach USD 6.56 billion by 2030, growing at a CAGR of 4.8% from 2024 to 2030. The growth of this market is primarily driven by the increasing exploration and production activities in the oil and gas industry, as the global demand for energy continues to rise. Companies are actively investing in the...

"Executive Summary Downhole Tools Market Opportunities by Size and Share Downhole tools market will expect to grow at a rate of 4.90% for the forecast period of 2021 to 2028. Downhole tools market report analyses the growth, which is currently being growing due to the rising number of lateral/directional drilling. The leading Downhole Tools Market report is sure to guide in one or the...