A mud motor (or drilling motor) is a progressive cavity positive displacement pump (PCPD) placed in the drill string to provide additional power to the bit while drilling.
This report contains market size and forecasts of Drilling Mud Motors in global, including the following market information:
Global Drilling Mud Motors Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Drilling Mud Motors Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Drilling Mud Motors companies in 2021 (%)
The global Drilling Mud Motors market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Bit Size Range Below 100mm Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Drilling Mud Motors include Halliburton, Schlumberger, BHGE, National Oilwell Varco, Weatherford International, Hunting Energy Services, Ironside Manufacturing, SOKOL and Cougar Drilling Solutions, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Drilling Mud Motors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Drilling Mud Motors Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Drilling Mud Motors Market Segment Percentages, by Type, 2021 (%)
Bit Size Range Below 100mm
Bit Size Range 100mm-200mm
Bit Size Range 200-300mm
Bit Size Range Above 300mm
Global Drilling Mud Motors Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Drilling Mud Motors Market Segment Percentages, by Application, 2021 (%)
Oil Industry
Natural Gas Industry
Global Drilling Mud Motors Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Drilling Mud Motors Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Drilling Mud Motors revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Drilling Mud Motors revenues share in global market, 2021 (%)
Key companies Drilling Mud Motors sales in global market, 2017-2022 (Estimated), (Units)
Key companies Drilling Mud Motors sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Halliburton
Schlumberger
BHGE
National Oilwell Varco
Weatherford International
Hunting Energy Services
Ironside Manufacturing
SOKOL
Cougar Drilling Solutions
BICO Drilling Tools
Dynomax Drilling Tools