ReportsnReports added Coiled Tubing Market Research Report created by Report Consultant, which offers detailed insights, revenue details, and other information regarding the global market, and the various trends, drivers, restraints, opportunities, and market till 2025. Coiled Tubing Market Report offers detailed information regarding the leading key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions and mergers, and market footprint. Coiled Tubing Market also provides a comparative analysis of the market dynamics pre and post Covid19 outbreak.
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“The coiled tubing market is projected to grow at a CAGR of 5.8% from 2020 to 2025”
The global coiled tubing market size is projected to reach USD 4.0 billion by 2025, from an estimated USD 3.0 billion in 2020, growing at a post COVID-19 CAGR of 5.8% during the forecast period. The global coiled tubing industry is driven mainly by the growing demand for well intervention operations, redevelopment of mature fields, and advancements in shale developments.
The leading players in the coiled tubing – Halliburton (US), Schlumberger (US), Baker Hughes Company (US), Weatherford (Switzerland), NexTier Oilfield Solution (US), Superior Energy Services (US), Trican (Canada), Altus Intervention (Norway), National Energy Services Reunited (US),RPC Inc. (US), Basic Energy Services (US), Oceaneering International (US), STEP Energy Services (Canada), Calfrac Well Services (Canada), Key Energy Services (US), Nine Energy Services (US), Pioneer Energy Services (US), Legend Energy Services (US), and Oilserv (UAE).
The report defines, describes, and forecasts the coiled tubing by service, application, fleet, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major coiled tubing market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market, which include the analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the coiled tubing.
The distribution of primary interviews is as follows:
- By Company Type: Tier 1- 60%, Tier 2- 25%, and Tier 3- 15%
- By Designation: C-Level- 35%, Director Level- 25%, and Others- 40%
- By Region: Asia Pacific- 15%, Middle East– 10%, Africa – 5%, Europe- 20%, North America- 40%, and South & Central America- 10%
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Key benefits of buying the Report:
- The report identifies and addresses the key markets for coiled tubing operations and services, which would help equipment manufacturers and service providers review the growth in demand.
- The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
- The report will help key players understand the strategies of their competitors better and help them in making better strategic decisions.
“North America: The largest and the fastest-growing region in the global coiled tubing market.”
North America is expected to dominate the global coiled tubing market between 2020 and 2025. The North American oil production is rising drastically, with a growth rate of 7.7% from 2017 to 2018. Moreover, the continuous shale activities in the region are driving the demand for well intervention operations. The upstream operators, such as Total, ExxonMobil, Chevron, and Apache, also have a significant presence in North America.
This report presents the worldwide Coiled Tubing Market size (value, production and consumption), splits the breakdown (data status 2016-2021 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
Major Points from Table of Contents
1.1 Objectives Of The Study
1.2.1 Coiled Tubing Market, By Service: Inclusions Vs. Exclusions
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.3.3 Years Considered For The Study
2 Research Methodology
2.1 Research Data
Figure 1 Coiled Tubing Market: Research Design
2.1.1 Secondary Data
18.104.22.168 Key Data From Secondary Sources
2.1.2 Primary Data
22.214.171.124 Key Data From Primary Sources
126.96.36.199 Breakdown Of Primaries
Table 1 Coiled Tubing Market: Players/Companies Connected
2.3 Key Influencing Factors/Drivers
2.3.1 Well Count
Figure 2 Newly Drilled Wells, 2018
2.3.2 Coiled Tubing Unit Count
Figure 3 Crude Oil Price And Operational Well Count Vs. Coiled Tubing Unit Count (2014–2018)
2.3.3 Production Trends
Figure 4 Operational Well Count Vs. Crude Oil Production (2013–2019)
2.3.4 Crude Oil Prices
Figure 5 Crude Oil Price Trend
2.3.5 Impact Of Covid-19
2.4 Market Size Estimation
2.4.1 Ideal Demand-Side Analysis
Table 2 Coiled Tubing Market: Ideal Demand-Side Approach
Figure 6 Coiled Tubing Market: Ideal Demand-Side Calculation
2.4.2 Supply-Side Analysis
Figure 7 Research Methodology: Illustration Of Coiled Tubing Company Revenue Estimation (2019)
Figure 8 Ranking Of Key Players & Industry Concentration, 2019
2.5 Market Breakdown And Data Triangulation
Figure 9 Data Triangulation Methodology
2.6 Primary Insights
Figure 10 Key Service Providers’ Point Of View
3 Executive Summary
3.1 Pre- And Post-Covid-19 Scenario Analysis
Figure 11 Pre- And Post-Covid-19 Scenario Analysis
Table 3 Coiled Tubing Market Snapshot
Figure 12 North America Dominated The Coiled Tubing Market In 2019
Figure 13 North America Dominated The Coiled Tubing Market, By Fleet, 2016–2019
Figure 14 Well Intervention Segment Is Expected To Lead The Coiled Tubing Market, By Service, 2020–2025
Figure 15 Onshore Segment Is Expected To Dominate The Coiled Tubing Market, By Application, During The Forecast Period
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