Global Coiled Tubing Services Market 2017-2021 - MarketResearchNest.com

Global Coiled Tubing Services Market 2017-2021

Description :
About Coiled Tubing Services

A coiled tubing operation is performed through drilling derrick on an oil platform, which is used to back the surface equipment. Although on platforms with no...

Publish Date : 10-Nov-2017

No.Of Pages : 83

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About Coiled Tubing Services

A coiled tubing operation is performed through drilling derrick on an oil platform, which is used to back the surface equipment. Although on platforms with no drilling facilities a self-supporting tower can be utilized. For coiled tubing operations on sub-sea wells, mobile offshore drilling units (MODUS) such as drillship, semi-submersible, etc. must be used to support all the personnel and surface equipment, whereas wireline can be carried out from a lesser and inexpensive intervention vessel. Onshore, wirelines can be run using smaller service rigs, and for light operations, a mobile, self-contained coiled tubing rig can be employed.

Technavio's analysts forecast the global coiled tubing services market to grow at a CAGR of 4.00% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global coiled tubing services market for 2017-2021. To calculate the market size, the report considers the new volume of coiled tubing units and excludes aftermarket services.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Coiled Tubing Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Archer
• Baker Hughes
• Halliburton
• Schlumberger
• Superior Energy Services

Other prominent vendors
• CandJ Energy Services
• Calfrac Well Services
• Cudd Energy Services
• Essential Energy Services
• Key Energy Services
• Nabors Industries
• RPC
• Trican Well Service
• Weatherford
Market driver
• Rising global oil and gas demand
• For a full, detailed list, view our report

Market challenge
• Decline in oil rig count
• For a full, detailed list, view our report

Market trend
• Changing business models and portfolios
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

SECONDARY RESEARCH

Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH

Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING

The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION

The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION

After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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