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Global Coiled Tubing Market Analysis, Trends, and Forecasts 2019-2025

/EIN News/ -- Dublin, Oct. 07, 2019 (GLOBE NEWSWIRE) -- The "Coiled Tubing - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

Coiled Tubing market worldwide is projected to grow by US$1.4 Billion, driven by a compounded growth of 4.1%.

Well Intervention & Production, one of the segments analyzed and sized in this study, displays the potential to grow at over 4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$4.4 Billion by the year 2025, Well Intervention & Production will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 3.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$51.9 Million to the region's size and clout in the next 5 to 6 years. Over US$196 Million worth of projected demand in the region will come from other emerging Eastern European markets.

In Japan, Well Intervention & Production will reach a market size of US$258.3 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 6.5% over the next couple of years and add approximately US$408.2 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include the following, among others:

  • Baker Hughes, a GE company (USA)
  • C&J Energy Services, Inc. (USA)
  • Calfrac Well Services, Ltd. (Canada)
  • Halliburton (USA)
  • Rpc, Inc. (USA)
  • Schlumberger Ltd. (USA)
  • Superior Energy Services (USA)
  • Trican Well Services Ltd. (Canada)
  • Weatherford International Ltd. (Switzerland)

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Increasing Activity in Oil & Gas Industry Provides Tremendous Potential for Adoption of Coiled Tubing
  • Global Coiled Tubing Market: Percentage Breakdown of Revenues by Location for the Years 2019E
  • Coiled Tubing Market in China: Percentage Breakdown of Revenues by Location for the Year 2019E
  • Coiled Tubing Market in North America - An Overview
  • Coiled Tubing Market in North America: Percentage Breakdown of Revenues by Location for the Years 2019 and 2025
  • Growing Oil & Gas Industry Fosters Coiled Tubing Market in the Middle East
  • Competition
  • Global Coiled Tubing Services Market: Percentage Breakdown of Sales by Leading Players for 2019E
  • Global Competitor Market Shares
  • Coiled Tubing Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Global Competitor Market Shares by Segment
  • Well Intervention & Production (Service) Global Competitor Market Share Positioning for 2019 & 2025
  • Drilling (Service) Market Share Breakdown of Key Players: 2019 & 2025

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Strong Growth of Well Intervention Market Amidst New Oilfield Discoveries and Rising Offshore Investments Augurs Well for Coiled Tubing
  • Global Well Intervention Market Size in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • Expanding Oil & Gas Exploration and Production Activity Translates into Growth for Coiled Tubing Market
  • Growing Investments in Oil & Gas Exploration: Capital Expenditure in US$ Million for the Years 2019, 2021, 2023, 2025
  • Oil & Gas Exploration and Production (E&P) Investment in $ Billion for the Years 2015 through 2019
  • Global Drilling Activity: Number of Onshore and Offshore Wells Drilled for the Period 2012-2018
  • Oil & Gas Drilling Activity in Non-US Regions Worldwide - Number of Wells Drilled in 2018 and 2019
  • Rise in Offshore Oil & Gas Investments Augur Well for the Market
  • Worldwide Offshore Investments (in US$ Billion): Breakdown by Greenfield, Brownfield and Exploration Projects for the Years 2018, 2020, 2022 and 2024
  • Open Water Coil Tubing Technology: A Low Cost and Safe Alternative to Traditional Offshore Drilling
  • Growth in Unconventional Shale Gas Explorations Propels Coiled Tubing Market
  • Global Production of Shale Gas in Billion Cubic Feet Per Day in Select Countries for 2015 and 2040
  • New Coiled Tubing Design Method Developed for Deliquification in Shale Gas Field
  • Rapid Increase in Horizontal Drilling Operations Favor Market Growth
  • Global Horizontal/Directional Drilling Market Size in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • With Dramatic Increases in Horizontal Drilling Activity and to Greater Lengths, High-Capacity Coiled Tubing Units Find Greater Demand
  • Rise in Deepwater Drilling Operations Present Significant Opportunities for Coiled Tubing Market
  • Emerging Intelligent Coiled-Tubing Technologies Aid in Real-time Decision Making
  • Coiled Tubing Acidizing: Well Intervention Innovation to Optimize Production
  • Growing Implementations of Underbalanced Coiled Tubing Drilling
  • Product Overview
  • Coiled Tubing
  • Working of Coiled Tubing
  • Applications of Coiled Tubing

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

  • Market Facts & Figures
  • US Coiled Tubing Market Share (in %) by Company: 2019 & 2025
  • Well Intervention & Production (Service) Market Share Analysis (in %) of Leading Players in the US for 2019 & 2025
  • Drilling (Service) Competitor Revenue Share (in %) in the US: 2019 & 2025

CANADA

JAPAN

CHINA

EUROPE

  • Market Facts & Figures
  • European Coiled Tubing Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Well Intervention & Production (Service) Market Share (in %) by Company in Europe: 2019 & 2025
  • Drilling (Service) Market Share (in %) of Major Players in Europe: 2019 & 2025

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

V. CURATED RESEARCH

For more information about this report visit https://www.researchandmarkets.com/r/nawa1f

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