RESEARCH
Global Coiled Tubing Market (Value, Volume) – Analysis By Services (Well Intervention, Drilling, Completion), Application, By Region, By Country (2021 Edition): Market Insights and Forecast with Impact of COVID-19 (2021-2026) • By Value (USD Million) • By Volume (Unit) • By Services – Well Intervention, Drilling, Completion • By Application– Onshore, Offshore • By Region: North America, Europe, APAC, LAMEA • By Country: United States, Canada, Norway, Russia, United Kingdom, China, India, Mexico, Brazil, Saudi Arabia
(c) AZOTH Analytics
July 2021
Scope of the Report – Global Coiled Tubing Market
Global Global Coiled Coiled Tubing Tubing Market Market
Well Intervention
By Services
Drilling
Completion
Onshore
By Application Offshore
Historical Period 2016–2020 (c) AZOTH Analytics
Global Market Regional Analysis o North America o Europe o APAC o LAMEA Country Analysis o USA o Canada o Norway o Russia o United Kingdom o China o India o Mexico o Brazil o Saudi Arabia
Forecast Period 2021–2026
2
Table of Content S.No 1.
2.
Particulars Report scope & Methodology
Page No. 1
1.1
Scope of the Report
2
1.2
Research Methodology
23
1.3
Executive Summary
24
Strategic Recommendations
27
2.1
Focus towards market expanding
28
2.2
Expand through Merger and Acquisition (M&A) Strategy
29
2.3
Focus on advanced offshore pressure control technology
30
3.
Coiled Tubing Market: Product Overview
31
4.
Global Coiled Tubing Market: An Analysis
46
5.
4.1
Market Size, By Value, Year 2016-2026
47
4.2
Market Size, By Volume, Year 2016-2026
48
4.3
Impact of COVID-19 on Coiled Tubing Market
49
4.4
Global Coiled Tubing Market: Growth & Forecast
50
Global Coiled Tubing Market Segmentation, By Services (Value)
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55
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Table of Content S.No
6.
7.
Particulars 5.1
Global Coiled Tubing Market: Segment Analysis
56
5.2
Competitive Scenario of Coiled Tubing Market: By Services (2020 & 2026)
57
5.3
By Well Intervention– Market Size and Forecast (2016-2026)
59
5.4
By Drilling– Market Size and Forecast (2016-2026)
60
5.5
By Completion– Market Size and Forecast (2016-2026)
61
Global Coiled Tubing Market Segmentation, By Application (Value)
62
6.1
Global Coiled Tubing Market: Segment Analysis
62
6.2
Competitive Scenario of Global Coiled Tubing Market: By Application (2020 & 2026)
63
6.3
By Onshore– Market Size and Forecast (2016-2026)
65
6.4
By Offshore– Market Size and Forecast (2016-2026)
66
Global Coiled Tubing Market: Regional Analysis 7.1
8.
Page No.
67
Competitive Scenario of Global Coiled Tubing Market: By Region (2020 & 2026)
North America Coiled Tubing Market
69 70
8.1
North America Coiled Tubing Market by value: Size and Forecast (2016-2026)
71
8.2
North America Coiled Tubing Market by volume: Size and Forecast (2016-2026)
72
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Table of Content S.No
9.
Particulars
Page No.
8.3
North America Coiled Tubing Market: Prominent Companies
75
8.4
Market Segmentation By Service (Well Intervention, Drilling, Completion)
77
8.5
Market Segmentation By Application (Onshore, Offshore)
78
8.6
North America Coiled Tubing Market: Country Analysis
80
8.7
Market Opportunity Chart of North America Coiled Tubing Market - By Country, By Value (Year-2026)
82
8.8
Competitive Scenario of North America Coiled Tubing Market– By Country (2020 & 2026)
83
8.9
United States Coiled Tubing Market: Size and Forecast (2016-2026)
85
8.10
United States Coiled Tubing Market Segmentation By Service, By Application (2016-2026)
89
8.11
Canada Coiled Tubing Market: Size and Forecast (2016-2026)
93
8.12
Canada Coiled Tubing Market Segmentation By Service, By Application (2016-2026)
97
Europe Coiled Tubing Market
100
9.1
Europe Coiled Tubing Market by value: Size and Forecast (2016-2026)
101
9.2
Europe Coiled Tubing Market by volume: Size and Forecast (2016-2026)
102
9.3
Europe Coiled Tubing Market: Prominent Companies
106
9.4
Market Segmentation By Service (Well Intervention, Drilling, Completion)
108
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Table of Content S.No
10.
Particulars
Page No.
9.5
Market Segmentation By Application (Onshore, Offshore)
109
9.6
Europe Coiled Tubing Market: Country Analysis
111
9.7
Market Opportunity Chart of Europe Coiled Tubing Market - By Country, By Value (Year-2026)
113
9.8
Competitive Scenario of Europe Coiled Tubing Market– By Country (2020 & 2026)
114
9.9
Norway Coiled Tubing Market: Size and Forecast (2016-2026)
116
9.10
Norway Coiled Tubing Market Segmentation By Service, By Application (2016-2026)
120
9.11
Russia Coiled Tubing Market: Size and Forecast (2016-2026)
124
9.12
Russia Coiled Tubing Market Segmentation By Service, By Application (2016-2026)
126
9.13
United Kingdom Coiled Tubing Market: Size and Forecast (2016-2026)
130
9.14
United Kingdom Coiled Tubing Market Segmentation By Service, By Application (2016-2026)
133
Asia Pacific Coiled Tubing Market
136
10.1
Asia Pacific Coiled Tubing Market by value: Size and Forecast (2016-2026)
137
10.2
Asia Pacific Coiled Tubing Market by volume: Size and Forecast (2016-2026)
138
10.3
Asia Pacific Coiled Tubing Market: Prominent Companies
141
10.4
Market Segmentation By Service (Well Intervention, Drilling, Completion)
143
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Table of Content S.No
11.
Particulars
Page No.
10.5
Market Segmentation By Application (Onshore, Offshore)
144
10.6
Asia Pacific Coiled Tubing Market: Country Analysis
146
10.7
Market Opportunity Chart of Asia Pacific Coiled Tubing Market - By Country, By Value (Year-2026)
148
10.8
Competitive Scenario of Asia Pacific Coiled Tubing Market– By Country (2020 & 2026)
149
10.9
China Coiled Tubing Market: Size and Forecast (2016-2026)
151
10.10
China Coiled Tubing Market Segmentation By Service, By Application (2016-2026)
155
10.11
India Coiled Tubing Market: Size and Forecast (2016-2026)
159
10.12
India Coiled Tubing Market Segmentation By Service, By Application (2016-2026)
163
LAMEA Coiled Tubing Market
166
11.1
LAMEA Coiled Tubing Market by value: Size and Forecast (2016-2026)
167
11.2
LAMEA Coiled Tubing Market by volume: Size and Forecast (2016-2026)
168
11.3
LAMEA Coiled Tubing Market: Prominent Companies
171
11.4
Market Segmentation By Service (Well Intervention, Drilling, Completion)
173
11.5
Market Segmentation By Application (Onshore, Offshore)
174
11.6
LAMEA Coiled Tubing Market: Country Analysis
177
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Table of Content S.No
12.
13.
Particulars
Page No.
11.7
Market Opportunity Chart of LAMEA Coiled Tubing Market - By Country, By Value (Year-2026)
178
11.8
Competitive Scenario of LAMEA Coiled Tubing Market– By Country (2020 & 2026)
179
11.9
Mexico Coiled Tubing Market: Size and Forecast (2016-2026)
181
11.10
Mexico Coiled Tubing Market Segmentation By Service, By Application (2016-2026)
185
11.11
Brazil Coiled Tubing Market: Size and Forecast (2016-2026)
189
11.12
Brazil Coiled Tubing Market Segmentation By Service, By Application (2016-2026)
193
11.13
Saudi Arabia Coiled Tubing Market: Size and Forecast (2016-2026)
197
11.14
Saudi Arabia Coiled Tubing Market Segmentation By Service, By Application (2016-2026)
200
Global Coiled Tubing Market Dynamics
203
12.1
Global Coiled Tubing Market Drivers
204
12.2
Global Coiled Tubing Market Restraints
206
12.3
Global Coiled Tubing Market Trends
209
Market Attractiveness and Strategic Analysis
211
13.1
Market Attractiveness Chart of Global Coiled Tubing Market - By Services (Year 2026)
212
13.2
Market Attractiveness Chart of Global Coiled Tubing Market - By Application (Year 2026)
213
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Table of Content S.No
Page No. 13.3
14.
Market Attractiveness Chart of Global Coiled Tubing Market – By Region (Year 2026)
Competitive Landscape
214 215
14.1
Market Share of global leading companies
216
14.2
SWOT Analysis– Global Coiled Tubing Market
218
14.3
Porter Five Force Analysis– Global Coiled Tubing Market
220
15.
Global Coiled Tubing Market: Merger & Acquisitions
222
16.
Company Profiles (Business Description, Financial Analysis, Business Strategy)
224
16.1
Schlumberger Limited
225
16.2
Halliburton Company
228
16.3
Baker Hughes
231
16.4
Weatherford International Plc
234
16.5
Archer
237
16.6
Calfrac Well Services Ltd
240
16.7
Superior Energy Services
243
16.8
Trican Well Service Ltd.
246
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Table of Content S.No
Particulars 16.9 16.10
17.
Page No.
C&J Energy Services Inc
249
Nabors Industries, Ltd.
252
About Us.
255
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Overview Of Global Coiled Tubing Market Global Coiled Tubing market by value is expected to grow significantly during the forecast period with a CAGR of xx%.
Well intervention service segment holds the largest market share of xx% in the year 2020. The oilfield service providers are designing and developing new well intervention solutions to meet the rising demand for intervention solutions from upstream operators in the well intervention market.
The burgeoning demand for oil, gas and other petroleum products from the developing economies, coupled with rising number of matured fields in several regions will impel the usage of coiled tubing. Based on the application type, onshore coiled tubing captured the lion share in the global market. The segment is expected to propel the market growth owing to increasing onshore exploration activities due to huge investment in the production of oil and gas. Further, the offshore segment is expected to grow at the fastest rate during the forecast period.
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The global Coiled Tubing market was valued at USD xx Million in 2020.
North America region is estimated to have the maximum share in the global coiled tubing market. The market is driven by the growth in unconventional resources in the US and Canada. Further, the new emerging markets are several developing economies of Middle East and Africa, Asia-Pacific and South America.
5 11
Global Coiled Tubing Market Global Coiled Tubing Market Historical: Year 2016-2020
Rising oil and gas production around the globe coupled with
3,194.55
increasing penetration of Coiled Tubing (CT) in well intervention
3,102.22
services is the key factor driving growth.
3,024.33
Xx. With a recent decline in exploration and production capital
2,985.67
2,885.45
budgets and activity, coupled with an xx.. Xx. 2016
Global Coiled Tubing Market Forecast: Year 2021-2026
3,061.93
3,199.38
3,380.86
3,592.74
3,835.72
4,104.22
2017
2018
2019
2020
The easy installation of coiled tubing in oil wells and rise in their numbers can boost the expansion of the global market significantly. xx Further, the large demand for coiled tube for pumping chemicals into oil wells can boost the market owing to the rise in energy and power activities. Further, the large demand for coiled tube for pumping chemicals into oil wells can boost the
2021
2022
2023
2024
2025
2026
market owing to the rise in energy and power activities. xx (c) AZOTH Analytics
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Global Coiled Tubing Market United States Coiled Tubing Market Forecast: Period Coverage-2016 to 2026
The United States, as the largest consumer and producer of oil, plays a major role in the world market. Offshore oil and gas in the United States provides a large portion of the nation’s oil and gas supply. Large oil
and
gas
reservoirs
are
found
under
the
sea
offshore
base
and
growing
from Louisiana, Texas, California, and Alaska. xx xx Additionally,
presence
of
strong
industrial
investment in the offshore drilling market is supporting the demand for US coiled tubing market.
2
0
1
6 2
0
1
7 2
0
1
8 2
0
1
9 2
0
2
0 2
0
2
1 2
0
2
2 2
0
2
3 2
0
2
4 2
0
2
5 2
0
2
Global Coiled Tubing Market Forecast: Market Mix by Region, Year-2026
North America
Europe
APAC
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LAMEA
13
6
Competitive Scenario of Global Coiled Tubing Market– By Services Figure xx: Global Coiled Tubing Market- By Services Market Share, 2020 & 2026 Inner Pie: Segmental Analysis By Services, 2020 Outer Pie: Segmental Analysis By Services, 2026
The well intervention service segment dominated the coiled tubing market in 2020 with a revenue share of xx%. According to OWI 2019, the leading well-intervention conference, the global oil & gas industry is currently focused on maintaining and/or boosting production from existing oil reserves. Therefore coiled tubing units are increasingly deployed for well intervention services. The
increasing
capital
expenditure
on
well
performance
enhancement and well xx.. xx The rapid advancements in drilling technologies … xx Recent
increase
in
drilling
activities
across
the
world
accompanied by new methods of drilling like horizontal drilling, growth in deep water offshore drilling and use .. Xx Xx Xx Xx xx
Well Intervention
Drilling
Completion
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Competitive Scenario of Global Coiled Tubing Market– By Application Figure xx: Global Coiled Tubing Market- By Application Onshore was the dominant application segment in terms of
Market Share, 2020 & 2026
demand in 2020. The application contributed to a significant
Inner Pie: Segmental Analysis By Application, 2020 Outer Pie: Segmental Analysis By Application, 2026
market share of xx% in same year and is expected to reach around xx% in 2026. The primary reason contributing to the high demand for onshore coiled tubing units is due to the dominant position of the conventional onshore oil supply when compared to offshore. The coiled tubing market is witnessing high demand from onshore applications as xx.. xx Also, most of the onshore fields in the Middle East and North America .. Additionally, the development of domestic shale gas and tight oil reserves drive … Xx Xx Xx Xx Xx
Onshore
Offshore
xx
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15
Market Attractiveness Chart of Global Coiled Tubing Market– By Region, By Value CAG R (2021-2026)
Figure xx: Market Attractiveness Chart of Global Coiled Tubing Market- By Region (Year-2026)
North America
Europe
APAC
Latin America Middle East & Africa
Market Size (USD Million) for Year 2026
North America dominated the market for coiled tubing in 2020 with a revenue share of xx% in 2020. The U.S. and Canada are among the .. The European market is likely to witness ……………….a CAGR of xx%. In the forthcoming years, the Middle East and Africa market for coiled tubing is anticipated … Xx xx
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Market Share of Leading Global Companies Figure xx: Global Coiled Tubing company market share (%), 2020
Schlumberger Limited Halliburton Baker Hughes Weatherford International plc Daido Steel Co., Ltd Calfrac Well Services Ltd Superior Energy Services,Inc Trican Well Service Ltd. C&J Energy Services Inc Others
Source: Azoth Analytics Estimates Halliburton Energy Services, a business unit of Halliburton, provides products, services, and integrated solutions for oil and gas exploration, development, and … The Baker Hughes drilling systems address technology … Xx xx
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