The major global producers of logging tools include Schlumberger, Halliburton and Baker Hughes, etc. The top five enterprises account for nearly 80% of the global sales market. North America is the largest consumer market globally, accounting for over 30% of the sales market.
Q: What are the uses of market research reports for enterprises?
A: ① Seize opportunities: For instance, if there is a high demand and explosive growth potential in the future, one can immediately seize the opportunity, stand at the forefront of the market, and secure a share in the emerging market.
② Mitigation of risks: For instance, if risks are identified, one can decisively abandon the attempt to enter this market and avoid losses.
③ Mastering Policies: Policies have a significant impact on industries as well. In 2006, Germany's solar subsidy program alone enabled the emergence of seven global solar power giants in the country; this is the power of policies.
④ Avoid blind spots: SWOT analysis of competitors, cost-profit analysis help gain a comprehensive understanding.
Major manufacturers:
Schlumberger
Halliburton
Baker Hughes
China National Petroleum Corporation Logging Company
China Institute of Radio Wave Propagation Research
Weatherford
Hunting
Huan Ding Technology
Shen Kai Co., Ltd.
Xi'an Weiseng Electronics Technology Co., Ltd.
Hotwell
Stan Instruments
Purple Sea Dragon
Aohua Electronics
Altos Technologies