North America Managed Pressure Drilling Market Forecast (2016-2023)

Year UNITED STATES CANADA
2016 $ 1358.0 $ 383.1
2017 $ 1410.1 $ 391.7
2018 $ 1464.8 $ 400.7
2019 $ 1524.8 $ 410.7
2020 $ 1590.3 $ 421.8
2021 $ 1659.9 $ 433.6
2022 $ 1740.1 $ 447.6
2023 $ 1824.4 $ 462.2
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North America Managed Pressure Drilling Market Forecast (2016-2023)

Synopsis
The above chart is Global Managed Pressure Drilling market [2016-2023] by North America

Market Dynamics

United states accounted for the larger market share in 2017 in the north america managed pressure drilling market, and is expected to reach usd 1824.40 million in 2023 from usd 1410.10 million in 2017.this market is projected to grow at a cagr of 4.49% during the forecast period from 2018 - 2023. constant bottom hole pressure segment accounted for the largest market share in 2017, this market is expected to reach usd 1375.60 million in 2023 from usd 1036.60 million in 2017. this market is projected to grow at a cagr of 4.93% during the forecast period from 2018 - 2023. however, constant bottom hole pressure segment is the fastest growing market, which is expected to grow at a cagr of 4.93% during the forecast period 2018 - 2023. rotating control device segment accounted for the largest market share in 2017, this market is expected to reach usd 979.60 million in 2023 from usd 756.20 million in 2017. this market is projected to grow at a cagr of 4.51% during the forecast period from 2018 - 2023. however, rotating control device segment is the fastest growing market, which is expected to grow at a cagr of 4.51% during the forecast period 2018 - 2023. offshore segment accounted for the larger market share in 2017, this market is expected to reach usd 1500.30 million in 2023 from usd 1176.10 million in 2017. this market is projected to grow at a cagr of 4.25% during the forecast period from 2018 - 2023.

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