Colombia Measurement While Drilling Market Size & Outlook

The measurement while drilling market in Colombia is expected to reach a projected revenue of US$ 424.5 million by 2027. A compound annual growth rate of 11.9% is expected of Colombia measurement while drilling market from 2019 to 2027.
Revenue, 2018 (US$M)
$154.6
Forecast, 2027 (US$M)
$424.5
CAGR, 2019 - 2027
11.9%
Report Coverage
Colombia

Colombia measurement while drilling market, 2016-2027 (US$M)

Colombia

Colombia measurement while drilling market highlights

  • The Colombia measurement while drilling market generated a revenue of USD 154.6 million in 2018 and is expected to reach USD 424.5 million by 2027.
  • The Colombia market is expected to grow at a CAGR of 11.9% from 2019 to 2027.
  • In terms of segment, onshore was the largest revenue generating location in 2018.
  • Offshore is the most lucrative location segment registering the fastest growth during the forecast period.

Measurement while drilling market data book summary

Market revenue in 2018USD 154.6 million
Market revenue in 2027USD 424.5 million
Growth rate11.9% (CAGR from 2018 to 2027)
Largest segmentOnshore
Fastest growing segmentOffshore
Historical data2016 - 2017
Base year2018
Forecast period2019 - 2027
Quantitative unitsRevenue in USD million
Market segmentationOnshore, Offshore
Key market players worldwideSchlumberger Ltd, Halliburton Co, Weatherford International PLC Ordinary Shares - New, Lear Corp, Nabors Industries Ltd, NOV Inc, Scientific Drilling International, Jindal Drilling & Industries, CATENA Energy

Other key industry trends

  • In terms of revenue, Colombia accounted for 1.4% of the global measurement while drilling market in 2018.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2027.
  • In Latin America, Brazil measurement while drilling market is projected to lead the regional market in terms of revenue in 2027.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 647.2 million by 2027.

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Measurement While Drilling Market Companies

Name Profile # Employees HQ Website

Colombia measurement while drilling market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to measurement while drilling market will help companies and investors design strategic landscapes.


Onshore was the largest segment with a revenue share of 57.31% in 2018. Horizon Databook has segmented the Colombia measurement while drilling market based on onshore, offshore covering the revenue growth of each sub-segment from 2016 to 2027.


  • Colombia Measurement While Drilling Location Outlook (Revenue, USD Million, 2016-2027)
    • Onshore
    • Offshore
  • Colombia Measurement While Drilling Well Type Outlook (Revenue, USD Million, 2016-2027)
    • Horizontal
    • Directional
    • Vertical

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Target buyers of Colombia measurement while drilling market databook

  • Our clientele includes a mix of measurement while drilling market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Colombia measurement while drilling market , including forecasts for subscribers. This country databook contains high-level insights into Colombia measurement while drilling market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Colombia measurement while drilling market size, by location, 2016-2027 (US$M)

Colombia Measurement While Drilling Market Outlook Share, 2018 & 2027 (US$M)

Colombia measurement while drilling market size, by location, 2016-2027 (US$M)

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