| Product Code: ETC7628486 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Ireland`s import shipments of downhole drilling tools showed strong growth in 2024, with top exporting countries including South Africa, UK, Germany, China, and USA. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI) indicating limited competition. The industry experienced a notable Compound Annual Growth Rate (CAGR) of 8.56% from 2020 to 2024, with a particularly impressive growth rate of 23.24% from 2023 to 2024. This data suggests a positive outlook for the downhole drilling tools market in Ireland, driven by steady imports and significant growth rates.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ireland Downhole Drilling Tools Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Downhole Drilling Tools Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Downhole Drilling Tools Market - Industry Life Cycle |
3.4 Ireland Downhole Drilling Tools Market - Porter's Five Forces |
3.5 Ireland Downhole Drilling Tools Market Revenues & Volume Share, By Tool, 2021 & 2031F |
3.6 Ireland Downhole Drilling Tools Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Ireland Downhole Drilling Tools Market Revenues & Volume Share, By Operation, 2021 & 2031F |
4 Ireland Downhole Drilling Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for oil and gas exploration activities in Ireland |
4.2.2 Technological advancements in downhole drilling tools leading to improved efficiency and productivity |
4.2.3 Government initiatives to promote domestic oil and gas production |
4.3 Market Restraints |
4.3.1 Fluctuating prices of crude oil impacting investment decisions in drilling activities |
4.3.2 Environmental regulations and concerns affecting the exploration and production activities |
4.3.3 High initial investment cost associated with advanced downhole drilling tools |
5 Ireland Downhole Drilling Tools Market Trends |
6 Ireland Downhole Drilling Tools Market, By Types |
6.1 Ireland Downhole Drilling Tools Market, By Tool |
6.1.1 Overview and Analysis |
6.1.2 Ireland Downhole Drilling Tools Market Revenues & Volume, By Tool, 2021- 2031F |
6.1.3 Ireland Downhole Drilling Tools Market Revenues & Volume, By Drill Bits, 2021- 2031F |
6.1.4 Ireland Downhole Drilling Tools Market Revenues & Volume, By Drilling Motors, 2021- 2031F |
6.1.5 Ireland Downhole Drilling Tools Market Revenues & Volume, By Drilling Tubulars, 2021- 2031F |
6.1.6 Ireland Downhole Drilling Tools Market Revenues & Volume, By Drilling Jars, 2021- 2031F |
6.1.7 Ireland Downhole Drilling Tools Market Revenues & Volume, By Drill Collars, 2021- 2031F |
6.2 Ireland Downhole Drilling Tools Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ireland Downhole Drilling Tools Market Revenues & Volume, By Onshore, 2021- 2031F |
6.2.3 Ireland Downhole Drilling Tools Market Revenues & Volume, By Offshore, 2021- 2031F |
6.3 Ireland Downhole Drilling Tools Market, By Operation |
6.3.1 Overview and Analysis |
6.3.2 Ireland Downhole Drilling Tools Market Revenues & Volume, By Rotary Drilling, 2021- 2031F |
6.3.3 Ireland Downhole Drilling Tools Market Revenues & Volume, By Directional Drilling, 2021- 2031F |
6.3.4 Ireland Downhole Drilling Tools Market Revenues & Volume, By Horizontal Drilling, 2021- 2031F |
7 Ireland Downhole Drilling Tools Market Import-Export Trade Statistics |
7.1 Ireland Downhole Drilling Tools Market Export to Major Countries |
7.2 Ireland Downhole Drilling Tools Market Imports from Major Countries |
8 Ireland Downhole Drilling Tools Market Key Performance Indicators |
8.1 Average drilling depth per day |
8.2 Percentage of wells drilled successfully |
8.3 Utilization rate of downhole drilling tools |
8.4 Average time to complete a drilling project |
8.5 Rate of adoption of new drilling technologies |
9 Ireland Downhole Drilling Tools Market - Opportunity Assessment |
9.1 Ireland Downhole Drilling Tools Market Opportunity Assessment, By Tool, 2021 & 2031F |
9.2 Ireland Downhole Drilling Tools Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Ireland Downhole Drilling Tools Market Opportunity Assessment, By Operation, 2021 & 2031F |
10 Ireland Downhole Drilling Tools Market - Competitive Landscape |
10.1 Ireland Downhole Drilling Tools Market Revenue Share, By Companies, 2024 |
10.2 Ireland Downhole Drilling Tools Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |