Offshore - Measurement While Drilling Market Statistics
The global offshore measurement while drilling market size was valued at US$ 4,717.5 million in 2018 and is estimated to grow at a compound annual growth rate (CAGR) of 8.8% from 2018 to 2027.
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Offshore - Measurement while drilling market highlights
- The global offshore segment generated a revenue of USD 4,717.4 million in 2018 and is expected to reach USD 10,055.1 million by 2027.
- The market is expected to grow at a CAGR (2019 - 2027) of 8.8% by 2027.
- In terms of region, Asia Pacific was the largest revenue generating market in 2018.
- Country-wise, Egypt is expected to register the highest CAGR from 2019 to 2027.
Market summary
| Market revenue in 2018 | USD 4,717.4 million |
| Market revenue in 2027 | USD 10,055.1 million |
| Growth rate | 8.8% (CAGR from 2019 to 2027) |
| Historical data covered | 2016 - 2017 |
| Base year for estimation | 2018 |
| Forecast period covered | 2019 - 2027 |
| Quantitative units | Revenue in USD million |
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Measurement While Drilling Market Scope
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Measurement While Drilling Market Outlook
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