Study Objectives of Coiled Tubing
- To provide detailed analysis of the market structure along with forecast for the next six years of various segments and sub-segments of the global Coiled Tubing market
- To provide insights about factors affecting the market growth
- To analyze the global Coiled Tubing market based on various factors such as supply chain analysis, and Porter’s five forces analysis
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries - North America, Europe, Asia-Pacific, Middle East & Africa, and South America
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segment by service and by region
- To provide active fleet information with respect to regions and major players in this market
- To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global coiled tubing market
Market Synopsis of Coiled Tubing
Coiled tubing is essential equipment primarily used in oil & gas industry for well intervention, and drilling services. Oil price decline has had a profound effect on the upstream oil & gas investments. Majority of market players have shifted their focus towards production optimization, to ensure cost-effectiveness. Investments into exploration and drilling activities have also plummeted thereby contracting the revenue streams of drilling services providers. However, recent stabilization in the oil prices as well as gradual reduction in the supply-demand gap is expected to fasten the revival in the upstream oil & gas market. The global coiled tubing market is expected to achieve a compounded annual growth rate of about 5-6% during the forecast period.
The Coiled Tubing market has been segmented based on application into drilling, cleaning, completion, and other applications. Additionally, active fleet information categorized by region as well as market players shall also be provided in the report.
Regional Analysis of Coiled Tubing Market
North America held the largest share within the coiled tubing market in 2015, and is expected to retain its majority by 2022. It is expected to grow at a fast pace during the forecast period, overcoming the substantial active fleet reduction in 2016, following an expected revival in the upstream oil & gas services market. Middle East and Asia – Pacific markets are projected to continue posting moderate growth during the forecast period.
The key players of Global Coiled Tubing Market report include- Baker Hughes Inc., Halliburton Co, Schlumberger Ltd., Superior Energy Services Inc., Archer Limited, C&J Energy Services Ltd., Calfrac Well Services Ltd, Cudd Energy Services, and Key Energy Services Llc.
- The Netherlands
- Rest of Europe
Middle East & Africa
- Saudi Arabia
- Rest of Middle East & Africa
- Rest of Asia-Pacific
- Rest of South America
The report on Coiled Tubing of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, Furthermore technological advancement, and macro-economic factors in the market have also been discussed in detail in the report. The report provides detailed information and strategies of the key players in the industry. The report also provides a broad study of the different market segments and regions.