Market Research Reports Downhole Tools PPT | Page 2

Summary
Downhole Tools are those oilfield equipment that are used during well drilling, completion
and intervention or well workover activities and helps the oil well in optimizing the
production levels and maintain a continuous flow from a reservoir.
Downhole Tools market size will grow from USD 4.11 Billion in 2017 to USD 5.63 Billion
by 2023, at an estimated CAGR of 5.4%. The base year considered for the study is 2017, and
the market size is projected from 2018 to 2023.