Coiled Tubing Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Request Brochure Request Discount

Report Code: ZMR-877 | Report Format : | Status : Upcoming |

Abstract

Global Coiled Tubing Market: Overview

The coiled tubes are mainly used in the oil and gas industries. These tubes are used for the upstream activities. They are long coiled tubular products used for proper oil and gas operations and also to carry out operations similar to wireline. The use of these tubes in the oil and gas industry is mainly due to its low maintenance, well-contained pressure, and rapid trip times. The coiled tubes have a number of applications such as use for de liquefication, circulation, pumping of sand screens or cement perforations, logging, perforations, productions, and coiled tubing drilling. It is a cheaper version of work operations.

Global Coiled Tubing Market: Growth Factors

The major factors that influence the global coiled tubing market are the increasing growth in the energy sector and higher investments in the shale gas developments. The increasing investments in the E&P industries also boost the global market. The advancements in the deep-water drilling and offshore markets increase the coiled tube use, which in turn fuels the coiled tubing market growth. The other factors that propel the global market are the rising demand for renewable resources, augmented exploration, production, and completion of these activities. The main focus is to increase the production of natural gas and oil which require the coiled tubing services on a large scale which drives the growth of the global market. The increasing demand for the coiled product boosts the global coiled tubing market. The increasing job opportunities along with low-cost labor are expected to influence the growth of the global market. The high cost of ownership is thus restraining the global market growth.

Global Coiled Tubing Market: Segmentation

The coiled tubing market is bifurcated on the basis of services, active fleet, and region. The services segment is categorized into well intervention and drilling. The good intervention sub-segment is further bifurcated into well completion and well cleaning. The regional segmentation includes Asia Pacific, North America, Europe, and the Middle East and Africa.

Global Coiled Tubing Market: Regional Analysis

The US has major of its share in the coiled tubing market. The increasing shale gas developments in the US help the global market growth in the region. The innovative technology and higher investments used in the oil and gas industry helps the global market grow in the regions such as the Middle East and Africa. The growth in the global coiled tubing market in Asia Pacific and Europe are steady. The new advancements in the coiled tubing industry propel the growth of the market.

Global Coiled Tubing Market: Competitive Players

The major players in the coiled tubing market include Halliburton Co., Baker Hughes, Schlumberger Ltd., Nabors Industries, Superior Energy Services Inc., and C&J Energy Services. The other key players in the global market include Trican Well Services Ltd., Weatherford International, Calfrac Well Services Ltd, Archer Limited, and RPC, Inc. 

Global Coiled Tubing Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • Germany
    • France
    • UK
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East & Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Robotic Drilling Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3438 | Report Format:

Global Robotic Drilling Market: Overview Robotic drilling involves using machines for drilling activities. Robotic drilling provides increased safety and higher efficiency and effectiveness. The need to adopt alternative sources of energy is fuelling the development of oil and gas production com...Read More

Gas Insulated Transformer Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3437 | Report Format:

Global Gas Insulated Transformer Market: Overview A gas insulated transformer is a non-explosive, non-flammable, and oil-free transformer. Gas insulated transformers operate on SF6 gas as a medium for cooling and insulation. When compared to oil transformers, these transformers are preferred for...Read More

End Cartoning Machine Market by Product Type (Less than 70 CPM, 70 CPM to 150 CPM, 150 CPM to 400 CPM, and More than 400 CPM), – by Orientation (Horizontal and End-use), by Dimensions (Less than 200 CC, 200 CC to 1,000 CC, 1,000 CC to 5,000 CC, 5,000 CC to 10,000 CC, and More than 10,000 CC), by End-Use (Food and Beverage, Personal Care, Healthcare, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2024

Oct-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3430 | Report Format:

The report covers forecast and analysis for the end cartoning machine market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the end cartoning ...Read More

Elevators and Escalators Market by Service Type (Maintenance & Repair, Refurbishing, and New Equipment) and by Application (Residential, Commercial, and Industrial): Global Industry Perspective, Comprehensive Analysis and Forecast, 2018 - 2024

Oct-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3427 | Report Format:

The report covers forecast and analysis for the elevators and escalators market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the Elevators a...Read More

Scrubber System Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3404 | Report Format:

Global Scrubber System Market: Overview Scrubber systems are diverse-natured devices that help in controlling air pollution. These devices are generally used in industries, as they assist in the removal of certain gases or particulates from the exhaust streams of the factories or vessels. The ri...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.