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Drilling Choke-Global Market Insights and Sales Trends 2025
Synopsis
An arrangement of piping and special valves, called chokes. In drilling, mud is circulated through a choke manifold when the blowout preventers are closed.
The global Drilling Choke market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Drilling Choke in various end use industries. The expanding demands from the Petroleum Industry, Mineral Industry, Construction Industry and Others, are propelling Drilling Choke market. Electric Actuator System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Needle-and-seat Choke segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Drilling Choke market, driven by demand from China, the second largest economy with some signs of stabilising, the Drilling Choke market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Drilling Choke, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Drilling Choke market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Drilling Choke market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Drilling Choke sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Drilling Choke covered in this report include Heshka Oil, Axon Energy Products, Agile Magnetics, Lancaster Flow Automation and Retsco Ltd., etc.
The global Drilling Choke market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Heshka Oil
Axon Energy Products
Agile Magnetics
Lancaster Flow Automation
Retsco Ltd.
Global Drilling Choke market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Drilling Choke market, Segment by Type:
Electric Actuator System
Needle-and-seat Choke
Hydraulic Choke
Global Drilling Choke market, by Application
Petroleum Industry
Mineral Industry
Construction Industry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Drilling Choke manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Drilling Choke in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
An arrangement of piping and special valves, called chokes. In drilling, mud is circulated through a choke manifold when the blowout preventers are closed.
The global Drilling Choke market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Drilling Choke in various end use industries. The expanding demands from the Petroleum Industry, Mineral Industry, Construction Industry and Others, are propelling Drilling Choke market. Electric Actuator System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Needle-and-seat Choke segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Drilling Choke market, driven by demand from China, the second largest economy with some signs of stabilising, the Drilling Choke market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Drilling Choke, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Drilling Choke market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Drilling Choke market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Drilling Choke sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Drilling Choke covered in this report include Heshka Oil, Axon Energy Products, Agile Magnetics, Lancaster Flow Automation and Retsco Ltd., etc.
The global Drilling Choke market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Heshka Oil
Axon Energy Products
Agile Magnetics
Lancaster Flow Automation
Retsco Ltd.
Global Drilling Choke market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Drilling Choke market, Segment by Type:
Electric Actuator System
Needle-and-seat Choke
Hydraulic Choke
Global Drilling Choke market, by Application
Petroleum Industry
Mineral Industry
Construction Industry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Drilling Choke manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Drilling Choke in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Drilling Choke Market Overview
1.1 Drilling Choke Product Overview
1.2 Drilling Choke Market Segment by Type
1.2.1 Electric Actuator System
1.2.2 Needle-and-seat Choke
1.2.3 Hydraulic Choke
1.3 Global Drilling Choke Market Size by Type
1.3.1 Global Drilling Choke Market Size Overview by Type (2018-2029)
1.3.2 Global Drilling Choke Historic Market Size Review by Type (2018-2023)
1.3.3 Global Drilling Choke Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Drilling Choke Sales Breakdown by Type (2018-2023)
1.4.2 Europe Drilling Choke Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Drilling Choke Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Drilling Choke Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Drilling Choke Sales Breakdown by Type (2018-2023)
2 Global Drilling Choke Market Competition by Company
2.1 Global Top Players by Drilling Choke Sales (2018-2023)
2.2 Global Top Players by Drilling Choke Revenue (2018-2023)
2.3 Global Top Players by Drilling Choke Price (2018-2023)
2.4 Global Top Manufacturers Drilling Choke Manufacturing Base Distribution, Sales Area, Product Type
2.5 Drilling Choke Market Competitive Situation and Trends
2.5.1 Drilling Choke Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Drilling Choke Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Drilling Choke as of 2022)
2.7 Date of Key Manufacturers Enter into Drilling Choke Market
2.8 Key Manufacturers Drilling Choke Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Drilling Choke Status and Outlook by Region
3.1 Global Drilling Choke Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Drilling Choke Historic Market Size by Region
3.2.1 Global Drilling Choke Sales in Volume by Region (2018-2023)
3.2.2 Global Drilling Choke Sales in Value by Region (2018-2023)
3.2.3 Global Drilling Choke Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Drilling Choke Forecasted Market Size by Region
3.3.1 Global Drilling Choke Sales in Volume by Region (2024-2029)
3.3.2 Global Drilling Choke Sales in Value by Region (2024-2029)
3.3.3 Global Drilling Choke Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Drilling Choke by Application
4.1 Drilling Choke Market Segment by Application
4.1.1 Petroleum Industry
4.1.2 Mineral Industry
4.1.3 Construction Industry
4.1.4 Others
4.2 Global Drilling Choke Market Size by Application
4.2.1 Global Drilling Choke Market Size Overview by Application (2018-2029)
4.2.2 Global Drilling Choke Historic Market Size Review by Application (2018-2023)
4.2.3 Global Drilling Choke Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Drilling Choke Sales Breakdown by Application (2018-2023)
4.3.2 Europe Drilling Choke Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Drilling Choke Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Drilling Choke Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Drilling Choke Sales Breakdown by Application (2018-2023)
5 North America Drilling Choke by Country
5.1 North America Drilling Choke Historic Market Size by Country
5.1.1 North America Drilling Choke Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Drilling Choke Sales in Volume by Country (2018-2023)
5.1.3 North America Drilling Choke Sales in Value by Country (2018-2023)
5.2 North America Drilling Choke Forecasted Market Size by Country
5.2.1 North America Drilling Choke Sales in Volume by Country (2024-2029)
5.2.2 North America Drilling Choke Sales in Value by Country (2024-2029)
6 Europe Drilling Choke by Country
6.1 Europe Drilling Choke Historic Market Size by Country
6.1.1 Europe Drilling Choke Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Drilling Choke Sales in Volume by Country (2018-2023)
6.1.3 Europe Drilling Choke Sales in Value by Country (2018-2023)
6.2 Europe Drilling Choke Forecasted Market Size by Country
6.2.1 Europe Drilling Choke Sales in Volume by Country (2024-2029)
6.2.2 Europe Drilling Choke Sales in Value by Country (2024-2029)
7 Asia-Pacific Drilling Choke by Region
7.1 Asia-Pacific Drilling Choke Historic Market Size by Region
7.1.1 Asia-Pacific Drilling Choke Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Drilling Choke Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Drilling Choke Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Drilling Choke Forecasted Market Size by Region
7.2.1 Asia-Pacific Drilling Choke Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Drilling Choke Sales in Value by Region (2024-2029)
8 Latin America Drilling Choke by Country
8.1 Latin America Drilling Choke Historic Market Size by Country
8.1.1 Latin America Drilling Choke Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Drilling Choke Sales in Volume by Country (2018-2023)
8.1.3 Latin America Drilling Choke Sales in Value by Country (2018-2023)
8.2 Latin America Drilling Choke Forecasted Market Size by Country
8.2.1 Latin America Drilling Choke Sales in Volume by Country (2024-2029)
8.2.2 Latin America Drilling Choke Sales in Value by Country (2024-2029)
9 Middle East and Africa Drilling Choke by Country
9.1 Middle East and Africa Drilling Choke Historic Market Size by Country
9.1.1 Middle East and Africa Drilling Choke Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Drilling Choke Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Drilling Choke Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Drilling Choke Forecasted Market Size by Country
9.2.1 Middle East and Africa Drilling Choke Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Drilling Choke Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Heshka Oil
10.1.1 Heshka Oil Company Information
10.1.2 Heshka Oil Introduction and Business Overview
10.1.3 Heshka Oil Drilling Choke Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Heshka Oil Drilling Choke Products Offered
10.1.5 Heshka Oil Recent Development
10.2 Axon Energy Products
10.2.1 Axon Energy Products Company Information
10.2.2 Axon Energy Products Introduction and Business Overview
10.2.3 Axon Energy Products Drilling Choke Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Axon Energy Products Drilling Choke Products Offered
10.2.5 Axon Energy Products Recent Development
10.3 Agile Magnetics
10.3.1 Agile Magnetics Company Information
10.3.2 Agile Magnetics Introduction and Business Overview
10.3.3 Agile Magnetics Drilling Choke Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Agile Magnetics Drilling Choke Products Offered
10.3.5 Agile Magnetics Recent Development
10.4 Lancaster Flow Automation
10.4.1 Lancaster Flow Automation Company Information
10.4.2 Lancaster Flow Automation Introduction and Business Overview
10.4.3 Lancaster Flow Automation Drilling Choke Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Lancaster Flow Automation Drilling Choke Products Offered
10.4.5 Lancaster Flow Automation Recent Development
10.5 Retsco Ltd.
10.5.1 Retsco Ltd. Company Information
10.5.2 Retsco Ltd. Introduction and Business Overview
10.5.3 Retsco Ltd. Drilling Choke Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Retsco Ltd. Drilling Choke Products Offered
10.5.5 Retsco Ltd. Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Drilling Choke Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Drilling Choke Industrial Chain Analysis
11.4 Drilling Choke Market Dynamics
11.4.1 Drilling Choke Industry Trends
11.4.2 Drilling Choke Market Drivers
11.4.3 Drilling Choke Market Challenges
11.4.4 Drilling Choke Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Drilling Choke Distributors
12.3 Drilling Choke Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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