| Product Code: ETC8666757 | 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 |
Norway`s drill collar import shipments in 2024 continued to showcase a high level of market concentration, with top exporting countries including Japan, Mexico, Italy, Brazil, and Germany. The Herfindahl-Hirschman Index (HHI) indicated a significant increase in concentration from 2023 to 2024. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024 at -9.66%, there was a slight improvement in the growth rate from 2023 to 2024 at -5.43%. This data suggests a stable but concentrated market for drill collar imports in Norway, with potential shifts in supplier dynamics.

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 Norway Drill Collar Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Drill Collar Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Drill Collar Market - Industry Life Cycle |
3.4 Norway Drill Collar Market - Porter's Five Forces |
3.5 Norway Drill Collar Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Norway Drill Collar Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
4 Norway Drill Collar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing offshore drilling activities in Norway |
4.2.2 Technological advancements in drill collar materials and manufacturing processes |
4.2.3 Growing focus on exploration and production activities in the Norwegian Continental Shelf |
4.3 Market Restraints |
4.3.1 Fluctuations in crude oil prices impacting drilling investments |
4.3.2 Environmental regulations and concerns affecting drilling operations |
4.3.3 Competition from alternative drilling technologies impacting the demand for drill collars |
5 Norway Drill Collar Market Trends |
6 Norway Drill Collar Market, By Types |
6.1 Norway Drill Collar Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Norway Drill Collar Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Norway Drill Collar Market Revenues & Volume, By Standard Steel Drill Collar, 2021- 2031F |
6.1.4 Norway Drill Collar Market Revenues & Volume, By Non-magnetic Drill Collar, 2021- 2031F |
6.2 Norway Drill Collar Market, By Deployment |
6.2.1 Overview and Analysis |
6.2.2 Norway Drill Collar Market Revenues & Volume, By Onshore, 2021- 2031F |
6.2.3 Norway Drill Collar Market Revenues & Volume, By Offshore, 2021- 2031F |
7 Norway Drill Collar Market Import-Export Trade Statistics |
7.1 Norway Drill Collar Market Export to Major Countries |
7.2 Norway Drill Collar Market Imports from Major Countries |
8 Norway Drill Collar Market Key Performance Indicators |
8.1 Average drilling depth per well in Norway |
8.2 Number of exploration and production licenses granted in the Norwegian Continental Shelf |
8.3 Utilization rate of drilling rigs in Norwegian waters |
9 Norway Drill Collar Market - Opportunity Assessment |
9.1 Norway Drill Collar Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Norway Drill Collar Market Opportunity Assessment, By Deployment, 2021 & 2031F |
10 Norway Drill Collar Market - Competitive Landscape |
10.1 Norway Drill Collar Market Revenue Share, By Companies, 2024 |
10.2 Norway Drill Collar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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