Logging technology is the eye of petroleum exploration and development. After drilling and drilling the formation, use various logging instruments to measure in the wellbore, record resistivity, acoustic waves, nuclear, electromagnetic waves, temperature and other parameters, which can determine the rock properties of underground reservoirs , Porosity, permeability, location, thickness, oil and gas saturation and other reservoir parameters.
The major logging tool manufacturers in the market include Schlumberger, Halliburton, Baker Hughes, etc. The top ten global companies account for nearly 87% of the sales market, and the top three domestic companies also account for more than 66% of the revenue market.
North America is the world’s largest consumer market, accounting for more than 27% of the sales market.

Market Analysis and Insights: Global Logging Tools Market
The global Logging Tools market was valued at US$ 2067 in 2020 and will reach US$ 2722.8 million by the end of 2027, growing at a CAGR of 4.7% during 2022-2027.

Global Logging Tools Scope and Market Size
The global Logging Tools market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Logging Tools market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
CNC Logging Tool
Imaging Logging Tool

Segment by Application
Open Hole Logging
Cased Hole Logging

The Logging Tools market is analysed and market size information is provided by regions (countries). Segment by Application, the Logging Tools market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Schlumberger
Halliburton
Baker Hughes
CNPC
CETC
Weatherford
Hunter
Probe
HUNDING ENERGY SERVICES
SHENKAI
Well-Sun
Hotwell
Si Tan
Zebanon
AOHUA Electron
Altos Technologies