According to a market report by Lucintel, the future of the global coiled tubing service market looks promising with opportunities in the onshore and offshore markets. The global coiled tubing service market is expected to grow with a CAGR of 7.5% from 2024 to 2031. The major drivers for this market are the increasing oil & gas exploration activities, the rising demand for well intervention services, and the growing investments in unconventional oil resources.
A more
than 150-page report to understand trends, opportunity and forecast in global coiled
tubing service market to 2031 by type (well intervention, drilling, and
others), application (onshore and offshore), and region (North America, Europe,
Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the type category, well intervention is expected to
witness higher growth over the forecast period.
Within the
application category, onshore is expected to witness higher growth.
Download
sample by clicking on coiled tubing
service market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period.
Schlumberger,
Halliburton, Baker Hughes, Weatherford, Superior Energy, Archer, Calfrac Well
Services, Cudd Energy Services, National Oilwell Varco, Pioneer Energy Services
are the major suppliers in the coiled
tubing service market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com to get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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