123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

New Trends And Insights Of Well Intervention Market Results The Rapid Growth

By Author: Akshay
Total Articles: 138

The global well intervention market is expected to grow from an estimated USD 8.18 Billion in 2017 to USD 9.85 Billion by 2022, at a CAGR of 3.78%, from 2017 to 2022. The factors driving the well intervention market include upsurge in global energy demand, increase in oil & gas production, and revitalization of aging fields/ wells. Increasing focus on renewable energy and strict government regulations on E&P activities are key restraints for the growth of the well intervention market.
To provide an in-depth understanding of the competitive landscape, the report includes the profiles of companies such as GE Oil & Gas (U.K.), Baker Hughes Incorporated (U.S.), Halliburton Company (U.S.), Schlumberger Limited (U.S.), Weatherford International plc (Switzerland), Expro International Group Holdings Ltd. (U.K.), Archer Limited (U.K.), Welltec International ApS (Denmark), TechnipFMC plc (U.K.), Trican Well Service Ltd. (Canada), Basic Energy Services, Inc. (U.S.), Superior Energy Services, Inc. (U.S.), Key Energy Services, Inc. (U.S.), and Lupatech SA (Brazil), among others. The dominant players are trying to gain a foothold in developing economies and are adopting various methods to grab the market share.
Download PDF Brochure Here: https://www.marketsandmarkets.com/pdfdownload.asp?id=1099
Scope of the Report
By Service, the Well Intervention Market has been segmented into the following:
o Logging and Bottomhole Survey
o Tubing and Packer Failure and Repair
o Stimulation
o Remedial Cementing
o Zonal Isolation
o Sand Control Services
o Artificial Lift Services
o Fishing
o Reperforation
o Others*
Others* include water shut off, casing repair, horizontal well sand control, well abandonment, sand washing, and paraffin/asphaltene/hydrates removal, among others
By Application, the Well Intervention Market has been segmented into the following:
o Onshore
o Offshore
By Offshore Intervention Type , the Well Intervention Market has been segmented into the following:
o Light Intervention
o Medium Intervention
o Heavy Intervention
By Region, the Motor Soft Starter Market has been segmented into the following:
o North America
o Europe
o Asia-Pacific
o South and Central America
o Middle East
o Africa
The factors driving the market include upsurge in global energy demand, increase in oil & gas production, and revitalization of aging fields/wells. Increasing focus on renewable energy and strict government regulations on E&P activities are key restraints for the growth of the well intervention market.
To speak to our analyst for a discussion on the above findings, click https://www.marketsandmarkets.com/speaktoanalyst.asp?id=1099
The stakeholders included in this report are as follows:
• Consulting companies of the energy and power sector
• Government and research organizations
• Investment banks
• National Oil Companies (NOCs)
• Oilfield service companies
• Oil & gas field operators
• Power and energy associations
• Well intervention tools and equipment manufacturers
“The study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.”
Browse Fill Report Here: https://www.marketsandmarkets.com/Market-Reports/well-intervention-market-1099.html
Onshore is the largest application-based market segment
The report also segments the well intervention market by application into onshore and offshore. The onshore application segment is expected to dominate the well intervention market till 2022. This growth is majorly driven by the revitalization of aging onshore field/ well.
North America is the dominant regional market for well intervention
North America is currently the largest market for well intervention. In 2016, the U.S. accounted for the majority share in North America. Ongoing shale gas revolution is the major factor driving the well intervention market in the U.S.
About MarketsandMarkets
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Total Views: 26Word Count: 594See All articles From Author

Business Articles

1. A Language Translation Company Par Excellence In Delhi
Author: The Yellow Coin Communication Pvt. Ltd.

2. Translation Tips From Tycc
Author: The Yellow Coin Communication Pvt. Ltd.

3. Financial Problem’s Solution & Right Strategic Planning
Author: Unknown Member

4. Top 10 Best Makeup Subscription Boxes In New York
Author: Jason Alden

5. High Pressure Pump Market Insights, Trends & Future Development Status Report
Author: Akshay

6. String Inverter Market Growth Potentials Trends Key Company Profile
Author: Akshay

7. Solid Oxide Fuel Cell Market – Global Industry Analysis, And Forecast 2019 – 2025
Author: Akshay

8. Order Custom Cbd Oil Boxes To Enhance Your Brand Value
Author: Jason Alden

9. Opportunities For The Global Optocoupler Market To Reach $2.1 Billion By 2023
Author: Lucintel LLC

10. Flooring Store In Rosedale
Author: Barry’s My Carpet Inc

11. Hp May Introduces A New Gaming Laptop For Dual Screen In The World
Author: Manoj Varma

12. Why Salesforce Crm Is A Necessity For Every Business
Author: Deepak Kushwaha

13. Camera Remote Helps In Enhancing The Wildlife Photography
Author: Fiona Lee

14. Simple Way To Apply Vietnam Visa Application
Author: Unknown Member

15. High Definition Photography – Enhancing Your Picture Skills With Remote Camera
Author: Fiona Lee

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: