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Wireline Services Market Report by Wireline Type, Service Type, Hole Type, Application, and Region 2024-2032

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    Report

  • 138 Pages
  • April 2024
  • Region: Global
  • IMARC Group
  • ID: 5769147
Description Jump to:
The global wireline services market size reached US$ 12.3 Billion in 2023. Looking forward, the market is projected to reach US$ 19.9 Billion by 2032, exhibiting a growth rate (CAGR) of 5.49% during 2023-2032.

Wireline services are used for lowering measuring devices or equipment into a well for reservoir evaluation, well intervention, and pipe recovery purposes. They employ cabling technology to obtain valuable and actionable real-time data to maximize the understanding of reservoirs and guide critical decisions. These services assist in identifying downhole issues, detecting bypassed production, and providing accurate assessments to ensure maximum recovery of reserves.

Moreover, they help reduce the overall costs by eliminating the need for maintenance and non-operational rig downtime. In recent years, wireline services have gained traction in the oil and gas industry for various activities, including exploration, drilling, stimulation, completion and intervention, due to their cost-effectiveness, high data speed and advanced communication technology.

Wireline Services Market Trends

Wireline services offer several advantages, such as evaluating rock properties, sample recovery, information gathering for pore size, and pressure gathering for production fluid formation. As a result, the expanding oil and gas sector and the rising exploration, production and completion activities represent the primary factors driving the market growth. Additionally, since the production life of offshore oil and gas reservoirs is higher than onshore oil and gas reservoirs, there has been a significant shift toward offshore exploration and production (E&P) activities. This, in confluence with the implementation of favorable government policies, is propelling the market growth.

Besides this, the growing popularity of electric wireline services for well logging purposes is catalyzing the product demand. Furthermore, with the discovery of oil and gas fields, the key players are heavily investing in offshore assets to enhance the overall productivity, lifecycle of the well, and reservoir performance, which in turn is accelerating the adoption of wireline services. Other factors, including the increasing deepwater and shallow water drilling activities, escalating demand for energy, product innovations, and technological advancements, are also creating a positive market outlook.

Key Market Segmentation

This report provides an analysis of the key trends in each sub-segment of the global wireline services market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on wireline type, service type, hole type and application.

Breakup by Wireline Type:

  • Electric Line
  • Slickline

Breakup by Service Type:

  • Completion
  • Intervention
  • Logging

Breakup by Hole Type:

  • Open Hole
  • Cased Hole

Breakup by Application:

  • Onshore
  • Offshore

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being Archer Limited, Baker Hughes Company, Expro Group, Halliburton Company, NexTier Oilfield Solutions Inc., NOV Inc., OiLSERV, Pioneer Energy Services Corp., Schlumberger Limited, SGS SA, Superior Energy Services Inc. and Weatherford International plc.

Key Questions Answered in This Report

1. How big is the global wireline services market?
2. What is the expected growth rate of the global wireline services market during 2024-2032?
3. What are the key factors driving the global wireline services market?
4. What has been the impact of COVID-19 on the global wireline services market?
5. What is the breakup of the global wireline services market based on the wireline type?
6. What is the breakup of the global wireline services market based on the service type?
7. What is the breakup of the global wireline services market based on the hole type?
8. What is the breakup of the global wireline services market based on the application?
9. What are the key regions in the global wireline services market?
10. Who are the key players/companies in the global wireline services market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Wireline Services Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Wireline Type
6.1 Electric Line
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Slickline
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Service Type
7.1 Completion
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Intervention
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Logging
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Hole Type
8.1 Open Hole
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Cased Hole
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Application
9.1 Onshore
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Offshore
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Archer Limited
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.2 Baker Hughes Company
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Expro Group
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Halliburton Company
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 NexTier Oilfield Solutions Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 NOV Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 OiLSERV
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Pioneer Energy Services Corp.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 SWOT Analysis
15.3.9 Schlumberger Limited
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 SGS SA
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.11 Superior Energy Services Inc.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.12 Weatherford International plc
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Wireline Services Market: Major Drivers and Challenges
Figure 2: Global: Wireline Services Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Wireline Services Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Wireline Services Market: Breakup by Wireline Type (in %), 2023
Figure 5: Global: Wireline Services Market: Breakup by Service Type (in %), 2023
Figure 6: Global: Wireline Services Market: Breakup by Hole Type (in %), 2023
Figure 7: Global: Wireline Services Market: Breakup by Application (in %), 2023
Figure 8: Global: Wireline Services Market: Breakup by Region (in %), 2023
Figure 9: Global: Wireline Services (Electric Line) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Wireline Services (Electric Line) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Wireline Services (Slickline) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Wireline Services (Slickline) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Wireline Services (Completion) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Wireline Services (Completion) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Wireline Services (Intervention) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Wireline Services (Intervention) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Wireline Services (Logging) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Wireline Services (Logging) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Wireline Services (Open Hole) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Wireline Services (Open Hole) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Wireline Services (Cased Hole) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Wireline Services (Cased Hole) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Wireline Services (Onshore) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Wireline Services (Onshore) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Wireline Services (Offshore) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Wireline Services (Offshore) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: North America: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: North America: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: United States: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: United States: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Canada: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Canada: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Asia-Pacific: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Asia-Pacific: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: China: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: China: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Japan: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Japan: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: India: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: India: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: South Korea: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: South Korea: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Australia: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Australia: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Indonesia: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Indonesia: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Others: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Others: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Europe: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Europe: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Germany: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Germany: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: France: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: France: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: United Kingdom: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: United Kingdom: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Italy: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Italy: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Spain: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Spain: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Russia: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Russia: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Others: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Others: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Latin America: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Latin America: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Brazil: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Brazil: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Mexico: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Mexico: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Others: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Others: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Middle East and Africa: Wireline Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Middle East and Africa: Wireline Services Market: Breakup by Country (in %), 2023
Figure 75: Middle East and Africa: Wireline Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Global: Wireline Services Industry: SWOT Analysis
Figure 77: Global: Wireline Services Industry: Value Chain Analysis
Figure 78: Global: Wireline Services Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Wireline Services Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Wireline Services Market Forecast: Breakup by Wireline Type (in Million US$), 2024-2032
Table 3: Global: Wireline Services Market Forecast: Breakup by Service Type (in Million US$), 2024-2032
Table 4: Global: Wireline Services Market Forecast: Breakup by Hole Type (in Million US$), 2024-2032
Table 5: Global: Wireline Services Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 6: Global: Wireline Services Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Wireline Services Market: Competitive Structure
Table 8: Global: Wireline Services Market: Key Players

Companies Mentioned

  • Archer Limited
  • Baker Hughes Company
  • Expro Group
  • Halliburton Company
  • NexTier Oilfield Solutions Inc.
  • NOV Inc.
  • OiLSERV
  • Pioneer Energy Services Corp.
  • Schlumberger Limited
  • SGS SA
  • Superior Energy Services Inc.
  • Weatherford International plc.

Methodology

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Table Information

Report AttributeDetails
No. of Pages138
PublishedApril 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 12.3 Billion
Forecasted Market Value ( USD ) by 2032 $ 19.9 Billion
Compound Annual Growth Rate5.4%
Regions CoveredGlobal
No. of Companies Mentioned12

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