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Wireline Services Market by Application (Onshore & Offshore), Type (Electricline & Slickline), Services (Completion, Intervention, & Logging), Hole Type (Cased Hole & Open Hole), and Region - Global Forecasts to 2021

November 2016 | 167 pages | ID: W78515CA7E8EN
MarketsandMarkets

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The wireline services market is projected to grow at a CAGR of 2.1% from 2016 to 2021”

The wireline services market is projected to reach USD 9.15 billion by 2021, growing at a CAGR of 2.1% from 2016 to 2021. Wireline services are used in onshore and offshore applications. Increasing oil production, maturing oilfields, and lifting of Iranian oil export sanctions are expected to drive the wireline services market. The declining crude oil price is likely to hinder market growth of wireline services, as drilling activities are lowered, thereby impacting spending on oilfield services including wireline.

“The well intervention segment is expected to grow at the highest CAGR from 2016 to 2021”

Based on type of wireline services, the well intervention segment is estimated to be the fastest growing market from 2016 to 2021. Well intervention is carried out on an oil or gas well to extend its productivity and providing access to stranded or additional hydrocarbon reserves. Oilfield operators are focusing more on improving production from current wells, than investing in green-field operations. This has led to high growth for wireline in well intervention services than for logging and completion services.

“North America: The largest market for wireline services”

North America is currently the largest market for wireline services, followed by Asia-Pacific and Europe. The North American market is driven by high level of shale gas related activities in onshore U.S. and the offshore production in the U.S. Gulf of Mexico. The market in the North American region is projected to grow at a moderate rate, with the U.S. expected to dominate the market. Meanwhile, other countries such as Canada are exploring and producing from other unconventional hydrocarbon formations such as tar sands and oil sands. The logging services are the major wireline services used in North America.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1- 35%, Tier 2- 45%, Tier 3- 20%

By Designation: C-Level- 35%, D-Level- 25%, Others- 40%

By Region: North America- 45%, Asia-Pacific- 30%, Europe- 20%, Rest of the World- 5%

Note: The tier of the companies has been defined on the basis of their total revenue; as of 2015: Tier 1 = >USD 10 billion, Tier 2 = USD 1 billion to USD 10 billion, and Tier 3 = USD 1 billion.

The leading players in the wireline services market include Schlumberger Limited (U.S.), Halliburton Company (U.S.), Baker Hughes Incorporated (U.S.), Weatherford International PLC (U.S.), and Superior Energy Services (U.S.).

Research Coverage:

The report provides a picture on wireline services and its types across upstream oil & gas industry and regions. It aims at estimating the market size and future growth potential of this market across different segments such as application, service, hole-type, wireline type, and regions. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.

Why buy this report?

1. The report identifies and addresses key markets for wireline services, which would help suppliers review the growth in the demand for the product.
2. The report helps solution providers understand the pulse of the market, and provides insights into drivers, restraints, and challenges.

The report will help key players understand the strategies of their competitors better, and will help in making strategic decisions.
1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
  1.3.1 MARKETS COVERED: WIRELINE SERVICES MARKET
  1.3.2 GEOGRAPHIC SCOPE
  1.3.3 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA
  2.1.1 SECONDARY DATA
    2.1.1.1 Key data from secondary sources
  2.1.2 PRIMARY DATA
    2.1.2.1 Key data from primary sources
    2.1.2.2 Key industry insights
    2.1.2.3 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
  2.2.1 BOTTOM-UP APPROACH
  2.2.2 TOP-DOWN APPROACH
2.3 DATA TRIANGULATION METHODOLOGY
2.4 RESEARCH ASSUMPTIONS

3 EXECUTIVE SUMMARY

3.1 INTRODUCTION
3.2 HISTORICAL BACKDROP, EVOLUTION, & CURRENT SCENARIO
3.3 FUTURE OUTLOOK
3.4 CONCLUSION

4 PREMIUM INSIGHTS

4.1 NORTH AMERICA IS EXPECTED TO HOLD THE LARGEST MARKET DURING THE FORECAST PERIOD
4.2 WIRELINE SERVICES MARKET, BY APPLICATION
4.3 WIRELINE SERVICES MARKET, BY SERVICE
4.4 WIRELINE SERVICES MARKET, BY WIRELINE TYPE
4.5 NORTH AMERICA WIRELINE SERVICES MARKET

5 MARKET OVERVIEW

5.1 INTRODUCTION
5.2 MARKET SEGMENTATION
  5.2.1 INTRODUCTION
  5.2.2 BY APPLICATION
    5.2.2.1 Onshore
    5.2.2.2 Offshore
  5.2.3 BY SERVICE
    5.2.3.1 Well completion
    5.2.3.2 Well intervention
    5.2.3.3 Well logging
  5.2.4 BY WIRELINE TYPE
    5.2.4.1 Electric line
    5.2.4.2 Slickline
  5.2.5 BY HOLE TYPE
    5.2.5.1 Cased-hole
    5.2.5.2 Open hole
5.3 MARKET DYNAMICS
  5.3.1 DRIVERS
    5.3.1.1 Aging reservoirs
    5.3.1.2 Increasing oil production
    5.3.1.3 Lifting of Iranian oil export sanctions
  5.3.2 RESTRAINTS
    5.3.2.1 Declining oil spending due to low crude oil prices
    5.3.2.2 Increasing focus on renewable energy
      5.3.2.2.1 Solar
      5.3.2.2.2 Wind
  5.3.3 OPPORTUNITIES
    5.3.3.1 New oilfield discoveries
    5.3.3.2 Technological advancements
  5.3.4 CHALLENGES
    5.3.4.1 Regulatory issues regarding E&P activities
5.4 IMPACT OF OIL PRICE DECLINE
  5.4.1 VALUE CHAIN ANALYSIS

6 WIRELINE SERVICES MARKET, BY APPLICATION

6.1 INTRODUCTION
6.2 ONSHORE
6.3 OFFSHORE

7 WIRELINE SERVICES MARKET, BY WIRELINE TYPE

7.1 INTRODUCTION
7.2 ELECTRIC LINE
7.3 SLICKLINE

8 WIRELINE SERVICES MARKET, BY SERVICE

8.1 INTRODUCTION
8.2 WELL LOGGING
8.3 WELL INTERVENTION
8.4 WELL COMPLETION

9 WIRELINE SERVICES MARKET, BY HOLE TYPE

9.1 INTRODUCTION
9.2 CASED-HOLE
9.3 OPEN HOLE

10 WIRELINE SERVICES MARKET, BY REGION

10.1 INTRODUCTION
10.2 NORTH AMERICA
  10.2.1 BY HOLE TYPE
  10.2.2 BY WIRELINE TYPE
  10.2.3 BY APPLICATION
  10.2.4 BY SERVICE
  10.2.5 BY COUNTRY
    10.2.5.1 U.S.
    10.2.5.2 Canada
    10.2.5.3 Mexico
10.3 ASIA-PACIFIC
  10.3.1 BY HOLE TYPE
  10.3.2 BY WIRELINE TYPE
  10.3.3 BY APPLICATION
  10.3.4 BY SERVICE
  10.3.5 BY COUNTRY
    10.3.5.1 China
    10.3.5.2 Thailand
    10.3.5.3 Indonesia
    10.3.5.4 India
    10.3.5.5 Australia
    10.3.5.6 Malaysia
    10.3.5.7 Vietnam
    10.3.5.8 Rest of Asia-Pacific
10.4 EUROPE
  10.4.1 BY HOLE TYPE
  10.4.2 BY WIRELINE TYPE
  10.4.3 BY APPLICATION
  10.4.4 BY SERVICE
  10.4.5 BY COUNTRY
    10.4.5.1 Russia
    10.4.5.2 The Netherlands
    10.4.5.3 Norway
    10.4.5.4 U.K.
    10.4.5.5 Poland
    10.4.5.6 Rest of Europe
10.5 MIDDLE EAST
  10.5.1 BY HOLE TYPE
  10.5.2 BY WIRELINE TYPE
  10.5.3 BY APPLICATION
  10.5.4 BY SERVICE
  10.5.5 BY COUNTRY
    10.5.5.1 UAE
    10.5.5.2 Oman
    10.5.5.3 Qatar
    10.5.5.4 Saudi Arabia
    10.5.5.5 Iran
    10.5.5.6 Kuwait
    10.5.5.7 Rest of Middle East
10.6 AFRICA
  10.6.1 BY HOLE TYPE
  10.6.2 BY WIRELINE TYPE
  10.6.3 BY APPLICATION
  10.6.4 BY SERVICE
  10.6.5 BY COUNTRY
    10.6.5.1 Algeria
    10.6.5.2 Angola
    10.6.5.3 Egypt
    10.6.5.4 Libya
    10.6.5.5 Nigeria
    10.6.5.6 Rest of Africa
10.7 SOUTH AMERICA
  10.7.1 BY HOLE TYPE
  10.7.2 BY WIRELINE TYPE
  10.7.3 BY APPLICATION
  10.7.4 BY SERVICE
  10.7.5 BY COUNTRY
    10.7.5.1 Argentina
    10.7.5.2 Brazil
    10.7.5.3 Colombia
    10.7.5.4 Ecuador
    10.7.5.5 Trinidad & Tobago
    10.7.5.6 Peru
    10.7.5.7 Venezuela
    10.7.5.8 Rest of South America

11 COMPETITIVE LANDSCAPE

11.1 OVERVIEW
11.2 MARKET SHARE ANALYSIS
11.3 COMPETITIVE SITUATION & TRENDS
11.4 MARKET DEVELOPMENTS
  11.4.1 KEY NEW PRODUCT DEVELOPMENTS
  11.4.2 KEY CONTRACTS & AGREEMENTS
  11.4.3 KEY EXPANSIONS
  11.4.4 KEY MERGER & ACQUISITIONS
  11.4.5 OTHER DEVELOPMENTS, 2013–2016

12 COMPANY PROFILES

(Overview, Products & Services, Strategies & Insights, Developments and MnM View)*

12.1 INTRODUCTION
12.2 SCHLUMBERGER LIMITED
12.3 HALLIBURTON COMPANY
12.4 BAKER HUGHES INCORPORATED
12.5 WEATHERFORD INTERNATIONAL PLC.
12.6 SUPERIOR ENERGY SERVICES, INC.
12.7 PIONEER ENERGY SERVICES CORP.
12.8 C&J ENERGY SERVICES LTD.
12.9 EXPRO INTERNATIONAL GROUP HOLDING LTD.
12.10 ARCHER LIMITED
12.11 NATIONAL OILWELL VARCO, INC.
12.12 BASIC ENERGY SERVICES, INC.
12.13 OILSERV
12.14 WIRELINE ENGINEERING LTD.

*Details on Overview, Products & Services, Strategies & Insights, Developments and MnM View might not be captured in case of unlisted companies.

13 APPENDIX

13.1 INSIGHTS OF INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
13.5 AVAILABLE CUSTOMIZATIONS
13.6 RELATED REPORTS
13.7 AUTHOR DETAILS

LIST OF TABLES

Table 1 INVESTMENT IN RENEWABLE ENERGY, BY SECTOR, 2015
Table 2 WIRELINE SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 3 ONSHORE: WIRELINE SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 4 OFFSHORE: WIRELINE SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 5 WIRELINE SERVICES MARKET SIZE, BY WIRELINE TYPE, 2014–2021 (USD MILLION)
Table 6 ELECTRIC LINE: WIRELINE SERVICES MARKET SIZE, BY HOLE TYPE, 2014–2021 (USD MILLION)
Table 7 SLICKLINE: WIRELINE SERVICES MARKET SIZE, BY HOLE TYPE, 2014–2021 (USD MILLION)
Table 8 ELECTRIC LINE: WIRELINE SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 9 SLICKLINE: WIRELINE SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 10 WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
Table 11 WELL LOGGING: WIRELINE SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 12 WELL INTERVENTION: WIRELINE SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 13 WELL COMPLETION: WIRELINE SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 14 WIRELINE SERVICES MARKET SIZE, BY HOLE TYPE, 2014–2021 (USD MILLION)
Table 15 CASED-HOLE: WIRELINE SERVICES MARKET SIZE, BY WIRELINE TYPE, 2014–2021 (USD MILLION)
Table 16 OPEN HOLE: WIRELINE SERVICES MARKET SIZE, BY WIRELINE TYPE, 2014–2021 (USD MILLION)
Table 17 WIRELINE SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 18 NORTH AMERICA: WIRELINE SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 19 NORTH AMERICA: WIRELINE SERVICES MARKET SIZE, BY HOLE TYPE, 2014–2021 (USD MILLION)
Table 20 NORTH AMERICA: WIRELINE SERVICES MARKET SIZE, BY WIRELINE TYPE, 2014–2021 (USD MILLION)
Table 21 NORTH AMERICA: WIRELINE SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 22 NORTH AMERICA: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 23 U.S.: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 24 CANADA: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 25 MEXICO: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 26 ASIA-PACIFIC: WIRELINE SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 27 ASIA-PACIFIC: WIRELINE SERVICES MARKET SIZE, BY HOLE TYPE, 2014–2021 (USD MILLION)
Table 28 ASIA-PACIFIC: WIRELINE SERVICES MARKET SIZE, BY WIRELINE TYPE, 2014–2021 (USD MILLION)
Table 29 ASIA-PACIFIC: WIRELINE SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 30 ASIA-PACIFIC: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 31 CHINA: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 32 THAILAND: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 33 INDONESIA: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 34 INDIA: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 35 AUSTRALIA: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 36 MALAYSIA: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 37 VIETNAM: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 38 REST OF ASIA-PACIFIC: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 39 EUROPE: WIRELINE SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 40 EUROPE: WIRELINE SERVICES MARKET SIZE, BY HOLE TYPE, 2014–2021 (USD MILLION)
Table 41 EUROPE: WIRELINE SERVICES MARKET SIZE, BY WIRELINE TYPE, 2014–2021 (USD MILLION)
Table 42 EUROPE: WIRELINE SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 43 EUROPE: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 44 RUSSIA: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 45 THE NETHERLANDS: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 46 NORWAY: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 47 U.K.: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 48 POLAND: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 49 REST OF EUROPE: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 50 MIDDLE EAST: WIRELINE SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 51 MIDDLE EAST: WIRELINE SERVICES MARKET SIZE, BY HOLE TYPE, 2014–2021 (USD MILLION)
Table 52 MIDDLE EAST: WIRELINE SERVICES MARKET SIZE, BY WIRELINE TYPE, 2014–2021 (USD MILLION)
Table 53 MIDDLE EAST: WIRELINE SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 54 MIDDLE EAST: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 55 UAE: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 56 OMAN: WIRELINE SERVICES BY MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 57 QATAR: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 58 SAUDI ARABIA: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 59 IRAN: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 60 KUWAIT: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 61 REST OF MIDDLE EAST: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 62 AFRICA: WIRELINE SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 63 AFRICA: WIRELINE SERVICES MARKET SIZE, BY HOLE TYPE, 2014–2021 (USD MILLION)
Table 64 AFRICA: WIRELINE SERVICES MARKET SIZE, BY WIRELINE TYPE, 2014–2021 (USD MILLION)
Table 65 AFRICA: WIRELINE SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 66 AFRICA: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 67 ALGERIA: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 68 ANGOLA: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 69 EGYPT: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 70 LIBYA: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 71 NIGERIA: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 72 REST OF AFRICA: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 73 SOUTH AMERICA: WIRELINE SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 74 SOUTH AMERICA: WIRELINE SERVICES MARKET SIZE, BY HOLE TYPE, 2014–2021 (USD MILLION)
Table 75 SOUTH AMERICA: WIRELINE SERVICES MARKET SIZE, BY WIRELINE TYPE, 2014–2021 (USD MILLION)
Table 76 SOUTH AMERICA: WIRELINE SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 77 SOUTH AMERICA: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 78 ARGENTINA: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 79 BRAZIL: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 80 COLOMBIA: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 81 ECUADOR: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 82 TRINIDAD & TOBAGO: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 83 PERU: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 84 VENEZUELA: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 85 REST OF SOUTH AMERICA: WIRELINE SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 86 KEY NEW PRODUCT DEVELOPMENTS, 2015–2016
Table 87 KEY CONTRACTS & AGREEMENTS, 2015–2016
Table 88 KEY EXPANSIONS, 2014–2016
Table 89 KEY MERGER & ACQUISITIONS, 2014–2016

The main factor behind the rising number of investments is the market’s growth rate. The wireline services market is experiencing a decent growth rate, and the trend is expected to continue, which makes this an attractive market for investors. The increased number of exploration, production, and completion activities has a direct positive impact on the wireline services market. The increase in energy demand has also diverted the focus of the oil and gas andenergy & power companies towards deep and ultra-deep-water hydrocarbon reserves, as well as unconventional resources, which supplements the wireline services requirement, globally. The challenge for new investments in this field is that the major share of the market is captured by a few (about three to four) industry players. These companies are giant oil and gas service provider companies that are in stable financial positions. These companies have a strong brand value and play a vital role in deciding the trend of the industry.

However, the increase in energy demand and the shift in focus towards unconventional hydrocarbon reserves draw major investments in the wireline services market. A few regional industry players have started to gain a rapid market share. They play a crucial role to positively impact the investments in the current market scenario. Additionally, the strict environmental regulations with regard to intervention and completion have raised the requirement of more innovative and environment-friendly techniques that require huge investments in R&D.Hence, these factors will collectively decide the investment trend of the global wireline services industry. The development growth in exploration and production activities and the demand for new innovative technologies will lead the wireline services market investments in the long haul.

This report analyses the wireline services market by type of services performed and geography. In terms of geography, the report is segmented into North America, Asia-Pacific, Europe, South America, Africa, and the Middle East. Each geographic region is further studied based upon the major countries in the wireline services market. The wireline services included in this report are based on their usage in different types of operations, that is, logging, well intervention, and completion. The market has been estimated from the demand side. In order to provide a deeper understanding of the competitive landscape, the report profiles 10 companies in this market which includes the wireline service providers.

 



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