The Global Downhole Equipment Market was valued at USD 4 billion in 2021 and grow at a CAGR of 4.6% from 2022-2028. It is mainly owing to the factors such as the increasing maintenance costs and environmental risks that have commended oilfield service companies to set up advanced downhole equipment for cost-effective exploration and production activities. https://univdatos.com/reports/downhole-equipment-market