(Wireless-NewsWire.Com, May 18, 2019 )
Wireline Service is the routine maintenance of a wellbore with wireline tools or any other devices so that well completion operations can be further worked upon. The service uses a cabling technology that a Wireline Service provider in oil and gas exploration and production business provides. This cabling technology together with the tools perform functions like intervening, pipe recovery and reservoir evaluation, etc.
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Wireline Services is mainly used for three applications: Wireline Logging, Wireline Intervention and Wireline Completion. And Wireline Completion is the most widely used which takes up about 63.17% of the global market in 2016.
North America is the largest consumption region of Wireline Services in the world in the past few years. North America market took up about 26.50% the global market in 2016, while Europe was 20.31%, and MEA is followed with the share about 17.85%.
USA, UK, UAE and Norway are now the key developers of Wireline Services. And the high quality products are mainly supplied by overseas producers.
Schlumberger, Halliburton, Baker Hughes, Archer, Weatherford and COSL are the key suppliers in the global Wireline Services market. Top 3 took up about 60% of the global market in 2016. According to this study, over the next five years the Wireline Services market will register a 0.6% CAGR in terms of revenue, the global market size will reach US$ 8510 million by 2024, from US$ 8230 million in 2019. In particular, this report presents the global revenue market share of key companies in Wireline Services business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Wireline Services market by product type, application, key companies and key regions. This study considers the Wireline Services value generated from the sales of the following segments: Segmentation by product type: Electric Line Slick Line
Segmentation by application: Wireline Logging Wireline Intervention Wireline Completion
This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Spain Middle East & Africa Egypt South Africa Israel Turkey GCC Countries
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The key manufacturers covered in this report: Schlumberger Halliburton Baker Hughes Weatherford Superior Energy Services Pioneer Energy Services C&J Energy Services Expro Group Archer COSL Basic Energy Services Oilserv Wireline Engineering SGS SA CNPC/CPL EQT/Qinterra
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives To study and analyze the global Wireline Services market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024. To understand the structure of Wireline Services market by identifying its various subsegments. Focuses on the key global Wireline Services players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Wireline Services with respect to individual growth trends, future prospects, and their contribution to the total market. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). To project the size of Wireline Services submarkets, with respect to key regions (along with their respective key countries). To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market. To strategically profile the key players and comprehensively analyze their growth strategies.
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Major Point of TOC: Chapter One: Scope of the Report Chapter Two: Executive Summary Chapter Three: Global Wireline Services by Players Chapter Four: Wireline Services by Regions Chapter Five: Americas Chapter Six: APAC Chapter Seven: Europe Chapter Eight: Middle East & Africa Chapter Nine: Market Drivers, Challenges and Trends Chapter Ten: Global Wireline Services Market Forecast Chapter Eleven: Key Players Analysis
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