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Coiled Tubing Services Industry Research Report 2024

April 2024 | 124 pages | ID: C9396577E17CEN
APO Research

US$ 2,950.00

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Coiled tubing refers to a continuous length of small-diameter steel pipe and related surface equipment as well as associated drilling, completion and workover, or remediation, techniques. Coiled tubing oilfield technology was initially developed for working on live, producing wells.

Coiled tubing technology is frequently used to deploy tools and materials through production tubing or casing while remedial work is performed on producing wells. Coiled tubing fulfills three key requirements for downhole operations on live wells by providing a dynamic seal between the formation pressure and the surface, a continuous conduit for fluid conveyance and a method for running this conduit in and out of a pressurized well.

Coiled tubing strength and rigidity, combined with its capability to circulate treatment fluids, offer distinct advantages in workover operations. In addition to drilling and completion operations, oil and gas companies are using coiled tubing to help fish for lost equipment and for conveying well logging tools.

According to APO Research, The global Coiled Tubing Services market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global Coiled Tubing Services key players include Schlumberger, Halliburton, Baker Hughes (GE), etc. Global top three manufacturers hold a share about 60%.

North America is the largest market, with a share about 50%, followed by South America, and Europe, both have a share over 20 percent.

In terms of product, Well Intervention is the largest segment, with a share over 65%. And in terms of application, the largest application is Onshore, followed by Offshore.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Coiled Tubing Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Coiled Tubing Services.

The Coiled Tubing Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Coiled Tubing Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • Schlumberger
  • Halliburton
  • Baker Hughes (GE)
  • Weatherford
  • Superior Energy
  • Archer
  • Calfrac Well Services
  • Cudd Energy Services (RPC)
  • National Oilwell Varco
  • Pioneer Energy Services
  • PT Elnusa Tbk
  • Legend Energy
  • Smape S.r.l.
  • Jereh Group
Coiled Tubing Services segment by Type
  • Well Intervention
  • Drilling
  • Others
Coiled Tubing Services Segment by Application
  • Onshore
  • Offshore
Coiled Tubing Services Segment by Region
  • North America
  • United States
  • Canada
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Nordic Countries
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Australia
  • Rest of Asia
  • Latin America
  • Mexico
  • Brazil
  • Rest of Latin America
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
  • Rest of MEA
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Coiled Tubing Services market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Coiled Tubing Services and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Coiled Tubing Services.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;

Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 6: Detailed analysis of Coiled Tubing Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.

Chapter 13: The main points and conclusions of the report.

Chapter 13: The main points and conclusions of the report.
1 PREFACE

1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
  1.5.1 Secondary Sources
  1.5.2 Primary Sources

2 MARKET OVERVIEW

2.1 Product Definition
2.2 Coiled Tubing Services by Type
  2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030)
  2.2.2 Well Intervention
  2.2.3 Drilling
  2.2.4 Others
2.3 Coiled Tubing Services by Application
  2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030)
  2.3.2 Onshore
  2.3.3 Offshore
2.4 Assumptions and Limitations

3 COILED TUBING SERVICES BREAKDOWN DATA BY TYPE

3.1 Global Coiled Tubing Services Historic Market Size by Type (2019-2024)
3.2 Global Coiled Tubing Services Forecasted Market Size by Type (2025-2030)

4 COILED TUBING SERVICES BREAKDOWN DATA BY APPLICATION

4.1 Global Coiled Tubing Services Historic Market Size by Application (2019-2024)
4.2 Global Coiled Tubing Services Forecasted Market Size by Application (2019-2024)

5 GLOBAL GROWTH TRENDS

5.1 Global Coiled Tubing Services Market Perspective (2019-2030)
5.2 Global Coiled Tubing Services Growth Trends by Region
  5.2.1 Global Coiled Tubing Services Market Size by Region: 2019 VS 2023 VS 2030
  5.2.2 Coiled Tubing Services Historic Market Size by Region (2019-2024)
  5.2.3 Coiled Tubing Services Forecasted Market Size by Region (2025-2030)
5.3 Coiled Tubing Services Market Dynamics
  5.3.1 Coiled Tubing Services Industry Trends
  5.3.2 Coiled Tubing Services Market Drivers
  5.3.3 Coiled Tubing Services Market Challenges
  5.3.4 Coiled Tubing Services Market Restraints

6 MARKET COMPETITIVE LANDSCAPE BY PLAYERS

6.1 Global Top Coiled Tubing Services Players by Revenue
  6.1.1 Global Top Coiled Tubing Services Players by Revenue (2019-2024)
  6.1.2 Global Coiled Tubing Services Revenue Market Share by Players (2019-2024)
6.2 Global Coiled Tubing Services Industry Players Ranking, 2022 VS 2023 VS 2024
6.3 Global Key Players of Coiled Tubing Services Head office and Area Served
6.4 Global Coiled Tubing Services Players, Product Type & Application
6.5 Global Coiled Tubing Services Players, Date of Enter into This Industry
6.6 Global Coiled Tubing Services Market CR5 and HHI
6.7 Global Players Mergers & Acquisition

7 NORTH AMERICA

7.1 North America Coiled Tubing Services Market Size (2019-2030)
7.2 North America Coiled Tubing Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 North America Coiled Tubing Services Market Size by Country (2019-2024)
7.4 North America Coiled Tubing Services Market Size by Country (2025-2030)
7.5 United States
7.6 Canada

8 EUROPE

8.1 Europe Coiled Tubing Services Market Size (2019-2030)
8.2 Europe Coiled Tubing Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
8.3 Europe Coiled Tubing Services Market Size by Country (2019-2024)
8.4 Europe Coiled Tubing Services Market Size by Country (2025-2030)
8.5 Germany
8.6 France
8.7 U.K.
8.8 Italy
8.9 Russia
8.10 Nordic Countries

9 ASIA-PACIFIC

9.1 Asia-Pacific Coiled Tubing Services Market Size (2019-2030)
9.2 Asia-Pacific Coiled Tubing Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Asia-Pacific Coiled Tubing Services Market Size by Country (2019-2024)
9.4 Asia-Pacific Coiled Tubing Services Market Size by Country (2025-2030)
9.5 China
9.6 Japan
9.7 South Korea
9.8 Southeast Asia
9.9 India
9.10 Australia

10 LATIN AMERICA

10.1 Latin America Coiled Tubing Services Market Size (2019-2030)
10.2 Latin America Coiled Tubing Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Latin America Coiled Tubing Services Market Size by Country (2019-2024)
10.4 Latin America Coiled Tubing Services Market Size by Country (2025-2030)
10.5 Mexico
10.6 Brazil

11 MIDDLE EAST & AFRICA

11.1 Middle East & Africa Coiled Tubing Services Market Size (2019-2030)
11.2 Middle East & Africa Coiled Tubing Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
11.3 Middle East & Africa Coiled Tubing Services Market Size by Country (2019-2024)
11.4 Middle East & Africa Coiled Tubing Services Market Size by Country (2025-2030)
11.5 Turkey
11.6 Saudi Arabia
11.7 UAE

12 PLAYERS PROFILED

12.1 Schlumberger
  12.1.1 Schlumberger Company Information
  12.1.2 Schlumberger Business Overview
  12.1.3 Schlumberger Revenue in Coiled Tubing Services Business (2019-2024)
  12.1.4 Schlumberger Coiled Tubing Services Product Portfolio
  12.1.5 Schlumberger Recent Developments
12.2 Halliburton
  12.2.1 Halliburton Company Information
  12.2.2 Halliburton Business Overview
  12.2.3 Halliburton Revenue in Coiled Tubing Services Business (2019-2024)
  12.2.4 Halliburton Coiled Tubing Services Product Portfolio
  12.2.5 Halliburton Recent Developments
12.3 Baker Hughes (GE)
  12.3.1 Baker Hughes (GE) Company Information
  12.3.2 Baker Hughes (GE) Business Overview
  12.3.3 Baker Hughes (GE) Revenue in Coiled Tubing Services Business (2019-2024)
  12.3.4 Baker Hughes (GE) Coiled Tubing Services Product Portfolio
  12.3.5 Baker Hughes (GE) Recent Developments
12.4 Weatherford
  12.4.1 Weatherford Company Information
  12.4.2 Weatherford Business Overview
  12.4.3 Weatherford Revenue in Coiled Tubing Services Business (2019-2024)
  12.4.4 Weatherford Coiled Tubing Services Product Portfolio
  12.4.5 Weatherford Recent Developments
12.5 Superior Energy
  12.5.1 Superior Energy Company Information
  12.5.2 Superior Energy Business Overview
  12.5.3 Superior Energy Revenue in Coiled Tubing Services Business (2019-2024)
  12.5.4 Superior Energy Coiled Tubing Services Product Portfolio
  12.5.5 Superior Energy Recent Developments
12.6 Archer
  12.6.1 Archer Company Information
  12.6.2 Archer Business Overview
  12.6.3 Archer Revenue in Coiled Tubing Services Business (2019-2024)
  12.6.4 Archer Coiled Tubing Services Product Portfolio
  12.6.5 Archer Recent Developments
12.7 Calfrac Well Services
  12.7.1 Calfrac Well Services Company Information
  12.7.2 Calfrac Well Services Business Overview
  12.7.3 Calfrac Well Services Revenue in Coiled Tubing Services Business (2019-2024)
  12.7.4 Calfrac Well Services Coiled Tubing Services Product Portfolio
  12.7.5 Calfrac Well Services Recent Developments
12.8 Cudd Energy Services (RPC)
  12.8.1 Cudd Energy Services (RPC) Company Information
  12.8.2 Cudd Energy Services (RPC) Business Overview
  12.8.3 Cudd Energy Services (RPC) Revenue in Coiled Tubing Services Business (2019-2024)
  12.8.4 Cudd Energy Services (RPC) Coiled Tubing Services Product Portfolio
  12.8.5 Cudd Energy Services (RPC) Recent Developments
12.9 National Oilwell Varco
  12.9.1 National Oilwell Varco Company Information
  12.9.2 National Oilwell Varco Business Overview
  12.9.3 National Oilwell Varco Revenue in Coiled Tubing Services Business (2019-2024)
  12.9.4 National Oilwell Varco Coiled Tubing Services Product Portfolio
  12.9.5 National Oilwell Varco Recent Developments
12.10 Pioneer Energy Services
  12.10.1 Pioneer Energy Services Company Information
  12.10.2 Pioneer Energy Services Business Overview
  12.10.3 Pioneer Energy Services Revenue in Coiled Tubing Services Business (2019-2024)
  12.10.4 Pioneer Energy Services Coiled Tubing Services Product Portfolio
  12.10.5 Pioneer Energy Services Recent Developments
12.11 PT Elnusa Tbk
  12.11.1 PT Elnusa Tbk Company Information
  12.11.2 PT Elnusa Tbk Business Overview
  12.11.3 PT Elnusa Tbk Revenue in Coiled Tubing Services Business (2019-2024)
  12.11.4 PT Elnusa Tbk Coiled Tubing Services Product Portfolio
  12.11.5 PT Elnusa Tbk Recent Developments
12.12 Legend Energy
  12.12.1 Legend Energy Company Information
  12.12.2 Legend Energy Business Overview
  12.12.3 Legend Energy Revenue in Coiled Tubing Services Business (2019-2024)
  12.12.4 Legend Energy Coiled Tubing Services Product Portfolio
  12.12.5 Legend Energy Recent Developments
12.13 Smape S.r.l.
  12.13.1 Smape S.r.l. Company Information
  12.13.2 Smape S.r.l. Business Overview
  12.13.3 Smape S.r.l. Revenue in Coiled Tubing Services Business (2019-2024)
  12.13.4 Smape S.r.l. Coiled Tubing Services Product Portfolio
  12.13.5 Smape S.r.l. Recent Developments
12.14 Jereh Group
  12.14.1 Jereh Group Company Information
  12.14.2 Jereh Group Business Overview
  12.14.3 Jereh Group Revenue in Coiled Tubing Services Business (2019-2024)
  12.14.4 Jereh Group Coiled Tubing Services Product Portfolio
  12.14.5 Jereh Group Recent Developments

13 REPORT CONCLUSION

14 DISCLAIMER



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