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Hydraulic Workover Unit Market By Application (Onshore and Offshore), By Service (Workover and Snubbing), By Installation (Skid Mount and Trail Mount), and By Capacity (0 to 50 Tons, 50 to 150 Tons, and Above 150 Tons): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Published Date: 03-Sep-2019 Category: Energy & Mining Report Format : PDF Pages: 110 Report Code: ZMR-4656 Status : Published

Global hydraulic workover unit market expected to reach around USD 12.26 billion by 2025, growing at a CAGR of 3.8% between 2019 and 2025. Workover operations are executed over oil and gas wells to enhance their productivity and lifecycle and as a remedial measure to deal with specific mechanical and reservoir issues.

Description

The report covers a forecast and an analysis of the hydraulic workover unit market on a global and regional level. The study provides historical information from 2016 to 2018 along with a forecast from 2019 to 2025 based on volume (K Units) and revenue (USD Billion). The study covers the key drivers and restraints of the global hydraulic workover unit market and provides their market impact within the forecast period. Furthermore, the study also includes the analysis of opportunities available in the hydraulic workover unit market on a global level.

In order to offer the users of this report a comprehensive view of the global hydraulic workover unit market, we have included a detailed value chain analysis. To understand the competitive landscape within the market, an analysis of Porter’s Five Forces model for the market has been included. The study includes a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Hydraulic Workover Unit Market

The study also includes the market share of the key participant’s operating in the global hydraulic workover unit market. Moreover, the report covers the strategic development in the market along with acquisitions & mergers, agreements, partnerships, collaborations & joint ventures, and regional growth of the key players in the market.

The study provides a crucial view of the global hydraulic workover unit market by segmenting it based on application, service, capacity, installation, and region. The regional segment is divided into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.

Some major players of the hydraulic workover unit market are Halliburton, Key Energy Services, Nabors Industries, Superior Energy Services, Archer, Basic Energy Services, Canadian Energy Equipment Manufacturing, Cudd Energy Services, and High Arctic Energy Services.

This report segments the global hydraulic workover unit market into:

Global Hydraulic Workover Unit Market: Application Analysis

  • Onshore
  • Offshore

Global Hydraulic Workover Unit Market: Service Analysis

  • Workover
  • Snubbing

Global Hydraulic Workover Unit Market: Capacity Analysis

  • 0 to 50
  • 50 to 150 Tons
  • Above 150 Tons

Global Hydraulic Workover Unit Market: Installation Analysis

  • Skid Mount
  • Trail Mount

Global Hydraulic Workover Unit Market: Regional Analysis

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

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
      • 1.3.3. Level 1: Primary Research
      • 1.3.4. Level 2: Secondary Research
      • 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report description and scope
  • Chapter 2. Executive Summary
    • 2.1. Global Hydraulic Workover Unit Market, 2016-2025 (K Units) (USD Billion)
    • 2.2. Hydraulic Workover Unit Market: Snapshot
  • Chapter 3. Global Hydraulic Workover Unit Market: Industry Analysis
    • 3.1. Introduction
    • 3.2. Industry ecosystem analysis
    • 3.3. Technology landscape
    • 3.4. Market Drivers
    • 3.5. North America
    • 3.6. Europe
    • 3.7. Asia Pacific
    • 3.8. Latin America
    • 3.9. Middle East & Africa
    • 3.10. Opportunity
    • 3.11. Innovation &Sustainability
    • 3.12. Porter's Five Forces Analysis
    • 3.13. PESTLE Analysis
    • 3.14. Hydraulic Workover Unit Market: Market Attractiveness Analysis
    • 3.15. Market Attractiveness Analysis by Application
    • 3.16. Market Attractiveness Analysis by Service
    • 3.17. Market Attractiveness Analysis by Capacity
    • 3.18. Market Attractiveness Analysis by Installation
    • 3.19. Market Attractiveness Analysis by Region
  • Chapter 4. Global Hydraulic Workover Unit Market: Competitive Landscape
    • 4.1. Company Market Share Analysis, 2018
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research and Development and Regional Expansion
    • 4.3. Product Portfolio
  • Chapter 5. Global Hydraulic Workover Unit Market: Application Overview
    • 5.1. Global Hydraulic Workover Unit Market Share, by Application, 2018 and 2025
    • 5.2. Onshore
      • 5.2.1. Global Hydraulic Workover Unit Market by Onshore, 2016-2025 (K Units) (USD Billion)
    • 5.3. Offshore
      • 5.3.1. Global Hydraulic Workover Unit Market by Offshore, 2016-2025 (K Units) (USD Billion)
  • Chapter 6. Global Hydraulic Workover Unit Market: Service Overview
    • 6.1. Global Hydraulic Workover Unit Market Share, by Service, 2018 and 2025
    • 6.2. Workover
      • 6.2.1. Global Hydraulic Workover Unit Market by Workover, 2016-2025 (K Units) (USD Billion)
    • 6.3. Snubbing
      • 6.3.1. Global Hydraulic Workover Unit Market by Snubbing, 2016-2025 (K Units) (USD Billion)
  • Chapter 7. Global Hydraulic Workover Unit Market: Capacity Overview
    • 7.1. Global Hydraulic Workover Unit Market Share, by Capacity, 2018 and 2025
    • 7.2. 0 to 50 Tons
      • 7.2.1. Global Hydraulic Workover Unit Market by 0 to 50 Tons, 2016-2025 (K Units) (USD Billion)
    • 7.3. 50 to 150 Tons
      • 7.3.1. Global Hydraulic Workover Unit Market by 50 to 150 Tons, 2016-2025 (K Units) (USD Billion)
    • 7.4. Above 150 Tons
      • 7.4.1. Global Hydraulic Workover Unit Market by Above 150 Tons, 2016-2025 (K Units) (USD Billion)
  • Chapter 8. Global Hydraulic Workover Unit Market: Installation Overview
    • 8.1. Global Hydraulic Workover Unit Market Share, by Installation, 2018 and 2025
    • 8.2. Skid Mount
      • 8.2.1. Global Hydraulic Workover Unit Market by Skid Mount, 2016-2025 (K Units) (USD Billion)
    • 8.3. Trail Mount
      • 8.3.1. Global Hydraulic Workover Unit Market by Trail Mount, 2016-2025 (K Units) (USD Billion)
  • Chapter 9. Global Hydraulic Workover Unit Market: Regional Analysis
    • 9.1. Global Hydraulic Workover Unit Market Share, by Region, 2018 and 2025
    • 9.2. North America
      • 9.2.1. North America Hydraulic Workover Unit Market, 2016-2025 (K Units) (USD Billion)
      • 9.2.2. North America Hydraulic Workover Unit Market Volume, by Application, 2016-2025 (K Units)
      • 9.2.3. North America Hydraulic Workover Unit Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.2.4. North America Hydraulic Workover Unit Market Volume, by Service, 2016-2025 (K Units)
      • 9.2.5. North America Hydraulic Workover Unit Market Revenue, by Service, 2016-2025 (USD Billion)
      • 9.2.6. North America Hydraulic Workover Unit Market Volume, by Capacity, 2016-2025 (K Units)
      • 9.2.7. North America Hydraulic Workover Unit Market Revenue, by Capacity, 2016-2025 (USD Billion)
      • 9.2.8. North America Hydraulic Workover Unit Market Volume, by Installation, 2016-2025 (K Units)
      • 9.2.9. North America Hydraulic Workover Unit Market Revenue, by Installation, 2016-2025 (USD Billion)
      • 9.2.10. The U.S.
        • 9.2.10.1. The U.S. Hydraulic Workover Unit Market Volume, by Application, 2016-2025 (K Units)
        • 9.2.10.2. The U.S. Hydraulic Workover Unit Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.2.10.3. The U.S. Hydraulic Workover Unit Market Volume, by Service, 2016-2025 (K Units)
        • 9.2.10.4. The U.S. Hydraulic Workover Unit Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.2.10.5. U.S. Hydraulic Workover Unit Market Volume, by Capacity, 2016-2025 (K Units)
        • 9.2.10.6. The U.S. Hydraulic Workover Unit Market Revenue, by Capacity, 2016-2025 (USD Billion)
        • 9.2.10.7. The U.S. Hydraulic Workover Unit Market Volume, by Installation, 2016-2025 (K Units)
        • 9.2.10.8. The U.S. Hydraulic Workover Unit Market Revenue, by Installation, 2016-2025 (USD Billion)
      • 9.2.11. Canada
        • 9.2.11.1. Canada Hydraulic Workover Unit Market Volume, by Application, 2016-2025 (K Units)
        • 9.2.11.2. Canada Hydraulic Workover Unit Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.2.11.3. Canada Hydraulic Workover Unit Market Volume, by Service, 2016-2025 (K Units)
        • 9.2.11.4. Canada Hydraulic Workover Unit Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.2.11.5. Canada Hydraulic Workover Unit Market Volume, by Capacity, 2016-2025 (K Units)
        • 9.2.11.6. Canada Hydraulic Workover Unit Market Revenue, by Capacity, 2016-2025 (USD Billion)
        • 9.2.11.7. Canada Hydraulic Workover Unit Market Volume, by Installation, 2016-2025 (K Units)
        • 9.2.11.8. Canada Hydraulic Workover Unit Market Revenue, by Installation, 2016-2025 (USD Billion)
    • 9.3. Europe
      • 9.3.1. Europe Hydraulic Workover Unit Market, 2016-2025 (K Units) (USD Billion)
      • 9.3.2. Europe Hydraulic Workover Unit Market Volume, by Application, 2016-2025 (K Units)
      • 9.3.3. Europe Hydraulic Workover Unit Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.3.4. Europe Hydraulic Workover Unit Market Volume, by Service, 2016-2025 (K Units)
      • 9.3.5. Europe Hydraulic Workover Unit Market Revenue, by Service, 2016-2025 (USD Billion)
      • 9.3.6. Europe Hydraulic Workover Unit Market Volume, by Capacity, 2016-2025 (K Units)
      • 9.3.7. Europe Hydraulic Workover Unit Market Revenue, by Capacity, 2016-2025 (USD Billion)
      • 9.3.8. Europe Hydraulic Workover Unit Market Volume, by Installation, 2016-2025 (K Units)
      • 9.3.9. Europe Hydraulic Workover Unit Market Revenue, by Installation, 2016-2025 (USD Billion)
      • 9.3.10. UK
        • 9.3.10.1. UK Hydraulic Workover Unit Market Volume, by Application, 2016-2025 (K Units)
        • 9.3.10.2. UK Hydraulic Workover Unit Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.3.10.3. UK Hydraulic Workover Unit Market Volume, by Service, 2016-2025 (K Units)
        • 9.3.10.4. UK Hydraulic Workover Unit Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.3.10.5. UK Hydraulic Workover Unit Market Volume, by Capacity, 2016-2025 (K Units)
        • 9.3.10.6. UK Hydraulic Workover Unit Market Revenue, by Capacity, 2016-2025 (USD Billion)
        • 9.3.10.7. UK Hydraulic Workover Unit Market Volume, by Installation, 2016-2025 (K Units)
        • 9.3.10.8. UK Hydraulic Workover Unit Market Revenue, by Installation, 2016-2025 (USD Billion)
      • 9.3.11. France
        • 9.3.11.1. France Hydraulic Workover Unit Market Volume, by Application, 2016-2025 (K Units)
        • 9.3.11.2. France Hydraulic Workover Unit Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.3.11.3. France Hydraulic Workover Unit Market Volume, by Service, 2016-2025 (K Units)
        • 9.3.11.4. France Hydraulic Workover Unit Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.3.11.5. France Hydraulic Workover Unit Market Volume, by Capacity, 2016-2025 (K Units)
        • 9.3.11.6. France Hydraulic Workover Unit Market Revenue, by Capacity, 2016-2025 (USD Billion)
        • 9.3.11.7. France Hydraulic Workover Unit Market Volume, by Installation, 2016-2025 (K Units)
        • 9.3.11.8. France Hydraulic Workover Unit Market Revenue, by Installation, 2016-2025 (USD Billion)
      • 9.3.12. Germany
        • 9.3.12.1. Germany Hydraulic Workover Unit Market Volume, by Application, 2016-2025 (K Units)
        • 9.3.12.2. Germany Hydraulic Workover Unit Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.3.12.3. Germany Hydraulic Workover Unit Market Volume, by Service, 2016-2025 (K Units)
        • 9.3.12.4. Germany Hydraulic Workover Unit Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.3.12.5. Germany Hydraulic Workover Unit Market Volume, by Capacity, 2016-2025 (K Units)
        • 9.3.12.6. Germany Hydraulic Workover Unit Market Revenue, by Capacity, 2016-2025 (USD Billion)
        • 9.3.12.7. Germany Hydraulic Workover Unit Market Volume, by Installation, 2016-2025 (K Units)
        • 9.3.12.8. Germany Hydraulic Workover Unit Market Revenue, by Installation, 2016-2025 (USD Billion)
      • 9.3.13. Rest of Europe
        • 9.3.13.1. Rest of Europe Hydraulic Workover Unit Market Volume, by Application, 2016-2025 (K Units)
        • 9.3.13.2. Rest of Europe Hydraulic Workover Unit Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.3.13.3. Rest of Europe Hydraulic Workover Unit Market Volume, by Service, 2016-2025 (K Units)
        • 9.3.13.4. Rest of Europe Hydraulic Workover Unit Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.3.13.5. Rest of Europe Hydraulic Workover Unit Market Volume, by Capacity, 2016-2025 (K Units)
        • 9.3.13.6. Rest of Europe Hydraulic Workover Unit Market Revenue, by Capacity, 2016-2025 (USD Billion)
        • 9.3.13.7. Rest of Europe Hydraulic Workover Unit Market Volume, by Installation, 2016-2025 (K Units)
        • 9.3.13.8. Rest of Europe Hydraulic Workover Unit Market Revenue, by Installation, 2016-2025 (USD Billion)
    • 9.4. Asia Pacific
      • 9.4.1. Asia Pacific Mobile Hydraulic Workover Unit Market, 2016-2025 (K Units) (USD Billion)
      • 9.4.2. Asia Pacific Hydraulic Workover Unit Market Volume, by Application, 2016-2025 (K Units)
      • 9.4.3. Asia Pacific Hydraulic Workover Unit Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.4.4. Asia Pacific Hydraulic Workover Unit Market Volume, by Service, 2016-2025 (K Units)
      • 9.4.5. Asia Pacific Hydraulic Workover Unit Market Revenue, by Service, 2016-2025 (USD Billion)
      • 9.4.6. Asia Pacific Hydraulic Workover Unit Market Volume, by Capacity, 2016-2025 (K Units)
      • 9.4.7. Asia Pacific Hydraulic Workover Unit Market Revenue, by Capacity, 2016-2025 (USD Billion)
      • 9.4.8. Asia Pacific Hydraulic Workover Unit Market Volume, by Installation, 2016-2025 (K Units)
      • 9.4.9. Asia Pacific Hydraulic Workover Unit Market Revenue, by Installation, 2016-2025 (USD Billion)
      • 9.4.10. China
        • 9.4.10.1. China Hydraulic Workover Unit Market Volume, by Application, 2016-2025 (K Units)
        • 9.4.10.2. China Hydraulic Workover Unit Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.4.10.3. China Hydraulic Workover Unit Market Volume, by Service, 2016-2025 (K Units)
        • 9.4.10.4. China Hydraulic Workover Unit Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.4.10.5. China Hydraulic Workover Unit Market Volume, by Capacity, 2016-2025 (K Units)
        • 9.4.10.6. China Hydraulic Workover Unit Market Revenue, by Capacity, 2016-2025 (USD Billion)
        • 9.4.10.7. China Hydraulic Workover Unit Market Volume, by Installation,2016-2025 (K Units)
        • 9.4.10.8. China Hydraulic Workover Unit Market Revenue, by Installation, 2016-2025 (USD Billion)
      • 9.4.11. Japan
        • 9.4.11.1. Japan Hydraulic Workover Unit Market Volume, by Application, 2016-2025 (K Units)
        • 9.4.11.2. Japan Hydraulic Workover Unit Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.4.11.3. Japan Hydraulic Workover Unit Market Volume, by Service, 2016-2025 (K Units)
        • 9.4.11.4. Japan Hydraulic Workover Unit Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.4.11.5. Japan Hydraulic Workover Unit Market Volume, by Capacity, 2016-2025 (K Units)
        • 9.4.11.6. Japan Hydraulic Workover Unit Market Revenue, by Capacity, 2016-2025 (USD Billion)
        • 9.4.11.7. Japan Hydraulic Workover Unit Market Volume, by Installation, 2016-2025 (K Units)
        • 9.4.11.8. Japan Hydraulic Workover Unit Market Revenue, by Installation, 2016-2025 (USD Billion)
      • 9.4.12. India
        • 9.4.12.1. India Hydraulic Workover Unit Market Volume, by Application, 2016-2025 (K Units)
        • 9.4.12.2. India Hydraulic Workover Unit Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.4.12.3. India Hydraulic Workover Unit Market Volume, by Service, 2016-2025 (K Units)
        • 9.4.12.4. India Hydraulic Workover Unit Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.4.12.5. India Hydraulic Workover Unit Market Volume, by Capacity, 2016-2025 (K Units)
        • 9.4.12.6. India Hydraulic Workover Unit Market Revenue, by Capacity, 2016-2025 (USD Billion)
        • 9.4.12.7. India Hydraulic Workover Unit Market Volume, by Installation, 2016-2025 (K Units)
        • 9.4.12.8. India Hydraulic Workover Unit Market Revenue, by Installation, 2016-2025 (USD Billion)
      • 9.4.13. Rest of Asia Pacific
        • 9.4.13.1. Rest of Asia Pacific Hydraulic Workover Unit Market Volume, by Application, 2016-2025 (K Units)
        • 9.4.13.2. Rest of Asia Pacific Hydraulic Workover Unit Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.4.13.3. Rest of Asia Pacific Hydraulic Workover Unit Market Volume, by Service, 2016-2025 (K Units)
        • 9.4.13.4. Rest of Asia Pacific Hydraulic Workover Unit Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.4.13.5. Rest of Asia Pacific Hydraulic Workover Unit Market Volume, by Capacity, 2016-2025 (K Units)
        • 9.4.13.6. Rest of Asia Pacific Hydraulic Workover Unit Market Revenue, by Capacity, 2016-2025 (USD Billion)
        • 9.4.13.7. Rest of Asia Pacific Hydraulic Workover Unit Market Volume, by Installation, 2016-2025 (K Units)
        • 9.4.13.8. Rest of Asia Pacific Hydraulic Workover Unit Market Revenue, by Installation, 2016-2025 (USD Billion)
    • 9.5. Latin America
      • 9.5.1. Latin America Hydraulic Workover Unit Market, 2016-2025 (K Units) (USD Billion)
      • 9.5.2. Latin America Hydraulic Workover Unit Market Volume, by Application, 2016-2025 (K Units)
      • 9.5.3. Latin America Hydraulic Workover Unit Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.5.4. Latin America Hydraulic Workover Unit Market Volume, by Service, 2016-2025 (K Units)
      • 9.5.5. Latin America Hydraulic Workover Unit Market Revenue, by Service, 2016-2025 (USD Billion)
      • 9.5.6. Latin America Hydraulic Workover Unit Market Volume, by Capacity, 2016-2025 (K Units)
      • 9.5.7. Latin America Hydraulic Workover Unit Market Revenue, by Capacity, 2016-2025 (USD Billion)
      • 9.5.8. Latin America Hydraulic Workover Unit Market Volume, by Installation, 2016-2025 (K Units)
      • 9.5.9. Latin America Hydraulic Workover Unit Market Revenue, by Installation, 2016-2025 (USD Billion)
      • 9.5.10. Brazil
        • 9.5.10.1. Brazil Hydraulic Workover Unit Market Volume, by Application, 2016-2025 (K Units)
        • 9.5.10.2. Brazil Hydraulic Workover Unit Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.5.10.3. Brazil Hydraulic Workover Unit Market Volume, by Service, 2016-2025 (K Units)
        • 9.5.10.4. Brazil Hydraulic Workover Unit Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.5.10.5. Brazil Hydraulic Workover Unit Market Volume, by Capacity, 2016-2025 (K Units)
        • 9.5.10.6. Brazil Hydraulic Workover Unit Market Revenue, by Capacity, 2016-2025 (USD Billion)
        • 9.5.10.7. Brazil Hydraulic Workover Unit Market Volume, by Installation, 2016-2025 (K Units)
        • 9.5.10.8. Brazil Hydraulic Workover Unit Market Revenue, by Installation,2016-2025 (USD Billion)
      • 9.5.11. Rest of Latin America
        • 9.5.11.1. Rest of Latin America Hydraulic Workover Unit Market Volume, by Application, 2016-2025 (K Units)
        • 9.5.11.2. Rest of Latin America Hydraulic Workover Unit Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.5.11.3. Rest of Latin America Hydraulic Workover Unit Market Volume, by Service, 2016-2025 (K Units)
        • 9.5.11.4. Rest of Latin America Hydraulic Workover Unit Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.5.11.5. Rest of Latin America Hydraulic Workover Unit Market Volume, by Capacity, 2016-2025 (K Units)
        • 9.5.11.6. Rest of Latin America Hydraulic Workover Unit Market Revenue, by Capacity, 2016-2025 (USD Billion)
        • 9.5.11.7. Rest of Latin America Hydraulic Workover Unit Market Volume, by Installation, 2016-2025 (K Units)
    • 9.6. Rest of Latin America Hydraulic Workover Unit Market Revenue, by Installation, 2016-2025 (USD Billion)
    • 9.7. The Middle East and Africa
      • 9.7.1. The Middle East and Africa Mobile Hydraulic Workover Unit Market, 2016-2025 (K Units) (USD Billion)
      • 9.7.2. The Middle East and Africa Hydraulic Workover Unit Market Volume, by Application, 2016-2025 (K Units)
      • 9.7.3. The Middle East and Africa Hydraulic Workover Unit Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.7.4. The Middle East and Africa Hydraulic Workover Unit Market Volume, by Service, 2016-2025 (K Units)
      • 9.7.5. The Middle East and Africa Hydraulic Workover Unit Market Revenue, by Service, 2016-2025 (USD Billion)
      • 9.7.6. The Middle East and Africa Hydraulic Workover Unit Market Volume, by Capacity, 2016-2025 (K Units)
      • 9.7.7. The Middle East and Africa Hydraulic Workover Unit Market Revenue, by Capacity, 2016-2025 (USD Billion)
      • 9.7.8. The Middle East and Africa Hydraulic Workover Unit Market Volume, by Installation, 2016-2025 (K Units)
      • 9.7.9. The Middle East and Africa Hydraulic Workover Unit Market Revenue, by Installation, 2016-2025 (USD Billion)
  • Chapter 10. Company Profiles
    • 10.1. Halliburton
      • 10.1.1. Overview
      • 10.1.2. Financials
      • 10.1.3. Product Portfolio
      • 10.1.4. Business Strategy
      • 10.1.5. Recent Developments
    • 10.2. Key Energy Services
      • 10.2.1. Overview
      • 10.2.2. Financials
      • 10.2.3. Product Portfolio
      • 10.2.4. Business Strategy
      • 10.2.5. Recent Developments
    • 10.3. Nabors Industries
      • 10.3.1. Overview
      • 10.3.2. Financials
      • 10.3.3. Product Portfolio
      • 10.3.4. Business Strategy
      • 10.3.5. Recent Developments
    • 10.4. Superior Energy Services
      • 10.4.1. Overview
      • 10.4.2. Financials
      • 10.4.3. Product Portfolio
      • 10.4.4. Business Strategy
      • 10.4.5. Recent Developments
    • 10.5. Archer
      • 10.5.1. Overview
      • 10.5.2. Financials
      • 10.5.3. Product Portfolio
      • 10.5.4. Business Strategy
      • 10.5.5. Recent Developments
    • 10.6. Basic Energy Services
      • 10.6.1. Overview
      • 10.6.2. Financials
      • 10.6.3. Product Portfolio
      • 10.6.4. Business Strategy
      • 10.6.5. Recent Developments
    • 10.7. Canadian Energy Equipment Manufacturing
      • 10.7.1. Overview
      • 10.7.2. Financials
      • 10.7.3. Product Portfolio
      • 10.7.4. Business Strategy
      • 10.7.5. Recent Developments
    • 10.8. Cudd Energy Services
      • 10.8.1. Overview
      • 10.8.2. Financials
      • 10.8.3. Product Portfolio
      • 10.8.4. Business Strategy
      • 10.8.5. Recent Developments
    • 10.9. High Arctic Energy Services
      • 10.9.1. Overview
      • 10.9.2. Financials
      • 10.9.3. Product Portfolio
      • 10.9.4. Business Strategy
      • 10.9.5. Recent Developments

Methodology

Free Analysis

Workover operations are executed over oil and gas wells to enhance their productivity and lifecycle and as a remedial measure to deal with specific mechanical and reservoir issues. Hydraulic workover units are the most cost-efficient machinery to execute workover operations. These are multipurpose, cost-effective, and safe for dangerous workover operations. Hydraulic workover units are less susceptible to erosion and require less frequent and comparatively inexpensive maintenance. Hydraulic workover units perform a diverse set of functions, such as drilling, repairing, and completing oil and gas wells.

The significant increment in the global consumption of oil and gas is driving the hydraulic workover unit market. Furthermore, the unprecedented rise in the production and consumption of shale oil and gas, especially in North America and Europe, has further bolstered this global market. The elevated use of crude oil for power generation in Gulf countries has also triggered the hydraulic workover unit market expansion. However, environmental concerns over pollution due to conventional energy sources, such as crude oil, oil spills during operations of hydraulic workover units, difficulties in the hydraulic workover units transportation due to their huge weight, and the lack of human skills required for operating hydraulic workover units in developing countries may restrain the hydraulic workover unit market. . Nonetheless, the hydraulic workover unit market is expected to generate new growth opportunities in Mexico with the privatization of the oil and gas industry.

Global Hydraulic Workover Unit Market

The hydraulic workover unit market is fragmented on the basis of application, service, installation, and capacity. On the basis of application, the hydraulic workover unit market includes onshore and offshore. In 2018, the onshore segment held a major share of the global market. By service, the market includes workover and snubbing. The workover segment accounted for a major share of the global market in 2018. Based on installation, the market comprises skid mount and trail mount. In 2018, the skid mount installation held a larger share of the global market. By capacity, the hydraulic workover unit market is divided into above 150 tons, 50 to 150 tons, and 0 to 50 tons. The above 150 tons segment accounted for a major share of the global market in 2018, due to the exponential rise in consumption of crude oil.

North America held the largest share of the hydraulic workover unit market in 2018 globally. Moreover, the region is expected to witness the fastest CAGR over the forecast time period, owing to the substantial regional increment in both production and consumption of shale oil and gas.

Some major players of the hydraulic workover unit market are Halliburton, Key Energy Services, Nabors Industries, Superior Energy Services, Archer, Basic Energy Services, Canadian Energy Equipment Manufacturing, Cudd Energy Services, and High Arctic Energy Services.

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