Oil And Gas Downhole Cables Market

Oil & Gas Downhole Cables - Global Market Outlook (2019-2027)

4.6 (98 reviews)
Published: June 2020 ID: SMRC19321
4.6 (98 reviews)
Published: June 2020 ID: SMRC19321

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Oil & Gas Downhole Cables Market is accounted for $1.24 billion in 2019 and is expected to reach $2.38 billion by 2027 growing at a CAGR of 8.5% during the forecast period. Increasing market of oil and gas downhole cables and promising countries of oil and gas downhole cables are the major factors propelling the market growth. However, factor such as drilling in extreme cold or scorching heat is hampering the market growth.

Oil and gas downhole cables are introduced into a well in order to deliver and get back data about circumstances of the wellbore. Oil and gas downhole cables supply power and carry data to and fro from a broad range of downhole instruments, sensors, and electrically powered equipment. These cables are necessary to withstand tremendous conditions such as high pressures and temperatures.

Based on the application, the oil & gas production segment is likely to have a huge demand for fiber optic cables are set to rise at a faster pace. The dissimilar types of sensors, including distributed strain sensors, distributed temperature sensors, distributed pressure sensors, and ocean bottom seismic make use of fiber optic cables. In addition, growing number of oil & gas companies is disposed toward leveraging the benefits of optic installation to develop their operational performance and accuracy.

By geography, North America is going to have a lucrative growth during the forecast period due to rise in discoveries of new oil and gas reserves in the region. Furthermore, growth in the production of unconventional resources, such as shale oil and gas and oil sands, is anticipated to positively impact the oil & gas downhole cables market in North America during the forecast period.

Some of the key players profiled in the Oil & Gas Downhole Cables Market include AFL, Belden Inc., ElandCables,, LS Cable & System Ltd., Marmon Group, Nexans Group, NKT A/S, Prysmian Group, TEXCAN Division of Sonepar Canada Inc., W. L. Gore & Associates, Inc., ABB Ltd., Tratos, ZTT, and TELDOR.

Installations Covered:
• Offshore
• Onshore

Types Covered:
• Fiber Optic Cables
• Tubing Encapsulated Cables (TECs)
• Other Types  

Applications Covered:
• Instrumentation & Control
• Oil & Gas Production
• Power Downhole Equipment
• Data Collection
• Well Monitoring
• Pressure Sensing 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Select License Type

Allows one person to have access to the ordered product.The ordered product cannot be distributed to anyone else.
Allows the ordered product to be shared among a maximum of 5 people within your organisation.
Allows the product to be shared among all employees of your organisation at one particular location.
Allows the product to be shared among all employees of your organisation regardless of their geographical location.


Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.