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The coiled tubing market is forecasted to grow by USD 1.20 billion during 2023-2028, accelerating at a CAGR of 5.73% during the forecast period. The report on the coiled tubing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising global oil and gas demand, increased exploration of unconventional sources, and new oil and gas exploration policies.
The coiled tubing market is segmented as below:
By Application
- Onshore
- Offshore
By Service
- Well intervention
- Drilling services
- Others
By Geographical Landscape
- North America
- Middle East and Africa
- Europe
- APAC
- South America
The report on the coiled tubing market covers the following areas:
- Coiled tubing market sizing
- Coiled tubing market forecast
- Coiled tubing market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Service
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global coiled tubing market: Altus Intervention, Baker Hughes Co., Forum Energy Technologies Inc., Halliburton Co., HandyTube Corp., National Energy Services Reunited Corp., NexTier Oilfield Solutions Inc., NOV Inc., Oceaneering International Inc., RPC Inc., Sandvik AB, Schlumberger Ltd., STEP Energy Services Ltd., Superior Energy Services Inc., Tenaris SA, Trican Well Service Ltd., Trident Steel Corp., Weatherford International Plc, Webco Industries Inc., and Yantai Jereh Petroleum Equipment and Technologies Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing demand for new-generation automated drilling rigs."
According to the report, one of the major drivers for this market is the rising global oil and gas demand.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Altus Intervention
- Baker Hughes Co.
- Forum Energy Technologies Inc.
- Halliburton Co.
- HandyTube Corp.
- National Energy Services Reunited Corp.
- NexTier Oilfield Solutions Inc.
- NOV Inc.
- Oceaneering International Inc.
- RPC Inc.
- Sandvik AB
- Schlumberger Ltd.
- STEP Energy Services Ltd.
- Superior Energy Services Inc.
- Tenaris SA
- Trican Well Service Ltd.
- Trident Steel Corp.
- Weatherford International Plc
- Webco Industries Inc.
- Yantai Jereh Petroleum Equipment and Technologies Co. Ltd.
