Wireline Services Market Research Report

Wireline Services Market Size by Application (Offshore, Onshore), By Hole Type (Open Hole, Cased-Hole), By Service (Well Intervention, Logging, Completion), By Wireline Type (Slickline, Electricline), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The global Wireline Services market is expected to grow upto US$ 11.63 Billion by 2027, at CAGR of about 2.65% during the forecast period.

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MARKET SNAPSHOT

Major Players

  • Superior Energy Services, Inc.
  • Pioneer Energy Services Corp.
  • C&J Energy Services Ltd.
  • Expro International Group Holding Ltd.
  • Archer Limited
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    2.65%

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The global Wireline Services market is expected to grow upto US$ 11.63 Billion by 2027, at CAGR of about 2.65% during the forecast period.

    Wireline service market is anticipated to increase owing to many factors that drive the market. The factors contain, increasing oil exploration, oil price recovery, and field development activities, rising number of mature oil wells. Wireline services are dynamic in the oilfield operations and are cost-effective methods of maintenance of the wellbores. The wireline service contains cabling technology used by oilfield developers to decrease the number of equipment or dimension devices private the well. Advantages of deployment of wireline services contain evaluation of information gathering for pore size, rock properties, sample recovery, pressure gathering for production fluid formation, location casting rollers. Oilfield service providers are using innovative technology in wireline cabling technology for announcing down or lifting any type of instrument or equipment in and out of the wellbore.  The key functions achieved by well completion, pipe recovery, wireline services contain intervention, and evaluation of reservoirs.

    The global Wireline Services market is segregated on the basis of Application as Offshore and Onshore. Based on Hole Type the global Wireline Services market is segmented in Open Hole and Cased-Hole. Based on Service the global Wireline Services market is segmented in Well Intervention, Logging, and Completion.

    Based on Wireline Type, the global Wireline Services market is segmented in Slickline and Electricline.

    The global Wireline Services market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Wireline Services market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Superior Energy Services, Inc., Pioneer Energy Services Corp., C&J Energy Services Ltd., Expro International Group Holding Ltd., Archer Limited, Weatherford International PLC., Baker Hughes Incorporated, Halliburton Company, Schlumberger Limited, National Oilwell Varco, Inc., and others are among the major players in the global Wireline Services market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Wireline Services Market has been segmented as below:

    Wireline Services Market, By Application

    • Offshore
    • Onshore

    Wireline Services Market, By Hole Type

    • Open Hole
    • Cased-Hole

    Wireline Services Market, By Service

    • Well Intervention
    • Logging
    • Completion

    Wireline Services Market, By Wireline Type

    • Slickline
    • Electricline

    Wireline Services Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Wireline Services Market, By Company

    • Superior Energy Services, Inc.
    • Pioneer Energy Services Corp.
    • C&J Energy Services Ltd.
    • Expro International Group Holding Ltd.
    • Archer Limited
    • Weatherford International PLC.
    • Baker Hughes Incorporated
    • Halliburton Company
    • Schlumberger Limited
    • National Oilwell Varco, Inc.

    The report covers:

    • Global Wireline Services market sizes from 2020 to 2027, along with CAGR for 2022-2027
    • Market size comparison for 2019 vs 2027, with actual data for 2019, estimates for 2020 and forecast from 2022 to 2027
    • Global Wireline Services market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Wireline Services market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Wireline Services market report scope includes detailed study covering underlying factors influencing the industry trends.

    The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Wireline Services market share. Major industry players with significant revenue share include Superior Energy Services, Inc., Pioneer Energy Services Corp., C&J Energy Services Ltd., Expro International Group Holding Ltd., Archer Limited, Weatherford International PLC., Baker Hughes Incorporated, Halliburton Company, Schlumberger Limited, National Oilwell Varco, Inc., and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Wireline Services industry trends
    • Find complete analysis on the market status
    • Identify the Wireline Services market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

    Some of the recent developments in Wireline Services Market are as follows:

    Schlumberger Limited

    • 09-2020: Schlumberger, IBM and Red Hat, has declared a major collaboration to accelerate digital transformation across the oil and gas industry.
    • 06-2020: Schlumberger has announced Symphony live downhole reservoir testing, a technology platform that aids operational control of the downhole testing toolstring to deliver real-time downhole measurements.

    Halliburton Company

    • 06-2020: Halliburton Company announced Cerebro Force in-bit sensors, a first-of-its-kind technology which captures weight, torque and bending measurements directly from the bit to increase understanding of downhole environments, optimize bit design and increase drilling efficiency.
    • 03-2020: Halliburton Company released NitroForce, a new drilling motor which delivers increased power and performance to complete longer laterals faster and with greater control. The motor delivers high reliability serving operators reduce potential motor failure and rise drilling speed to save well time and costs.

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    1. Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders
    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis
    3. Executive Summary
    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis
    5. Wireline Services Market, By Application
        5.1 Introduction
        5.2 Offshore
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Onshore
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast
    6. Wireline Services Market, By Hole Type
        6.1 Introduction
        6.2 Open Hole
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Cased-Hole
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast
    7. Wireline Services Market, By Service
        7.1 Introduction
        7.2 Well Intervention
            7.2.1 Market Overview
            7.2.2 Market Size and Forecast
        7.3 Logging
            7.3.1 Market Overview
            7.3.2 Market Size and Forecast
        7.4 Completion
            7.4.1 Market Overview
            7.4.2 Market Size and Forecast
    8. Wireline Services Market, By Wireline Type
        8.1 Introduction
        8.2 Slickline
            8.2.1 Market Overview
            8.2.2 Market Size and Forecast
        8.3 Electricline
            8.3.1 Market Overview
            8.3.2 Market Size and Forecast
    9. Wireline Services Market, By Geography
        9.1 Introduction
        9.2 North America
            9.2.1 North America Wireline Services, By Application
            9.2.2 North America Wireline Services, By Hole Type
            9.2.3 North America Wireline Services, By Service
            9.2.4 North America Wireline Services, By Wireline Type
        9.3 Europe
            9.3.1 Europe Wireline Services, By Application
            9.3.2 Europe Wireline Services, By Hole Type
            9.3.3 Europe Wireline Services, By Service
            9.3.4 Europe Wireline Services, By Wireline Type
        9.4 Asia-Pacific
            9.4.1 Asia-Pacific Wireline Services, By Application
            9.4.2 Asia-Pacific Wireline Services, By Hole Type
            9.4.3 Asia-Pacific Wireline Services, By Service
            9.4.4 Asia-Pacific Wireline Services, By Wireline Type
        9.5 Rest of the World
            9.5.1 Rest of the World Wireline Services, By Application
            9.5.2 Rest of the World Wireline Services, By Hole Type
            9.5.3 Rest of the World Wireline Services, By Service
            9.5.4 Rest of the World Wireline Services, By Wireline Type
    10. Competitive Insights
        10.1 Key Insights
        10.2 Company Market Share Analysis
        10.3 Strategic Outlook
            10.3.1 Mergers & Acquisitions
            10.3.2 New Product Development
            10.3.3 Portfolio/Production Capacity Expansions
            10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements 
            10.3.5 Others
    11. Company Profiles
        11.1 Superior Energy Services, Inc.
            11.1.1 Company Overview
            11.1.2 Product/Service Landscape
            11.1.3 Financial Overview
            11.1.4 Recent Developments
        11.2 Pioneer Energy Services Corp.
            11.2.1 Company Overview
            11.2.2 Product/Service Landscape
            11.2.3 Financial Overview
            11.2.4 Recent Developments
        11.3 C&J Energy Services Ltd.
            11.3.1 Company Overview
            11.3.2 Product/Service Landscape
            11.3.3 Financial Overview
            11.3.4 Recent Developments
        11.4 Expro International Group Holding Ltd.
            11.4.1 Company Overview
            11.4.2 Product/Service Landscape
            11.4.3 Financial Overview
            11.4.4 Recent Developments
        11.5 Archer Limited
            11.5.1 Company Overview
            11.5.2 Product/Service Landscape
            11.5.3 Financial Overview
            11.5.4 Recent Developments
        11.6 Weatherford International PLC.
            11.6.1 Company Overview
            11.6.2 Product/Service Landscape
            11.6.3 Financial Overview
            11.6.4 Recent Developments
        11.7 Baker Hughes Incorporated
            11.7.1 Company Overview
            11.7.2 Product/Service Landscape
            11.7.3 Financial Overview
            11.7.4 Recent Developments
        11.8 Halliburton Company
            11.8.1 Company Overview
            11.8.2 Product/Service Landscape
            11.8.3 Financial Overview
            11.8.4 Recent Developments
        11.9 Schlumberger Limited
            11.9.1 Company Overview
            11.9.2 Product/Service Landscape
            11.9.3 Financial Overview
            11.9.4 Recent Developments
        11.10 National Oilwell Varco, Inc.
            11.10.1 Company Overview
            11.10.2 Product/Service Landscape
            11.10.3 Financial Overview
            11.10.4 Recent Developments
        11.11 Basic Energy Services, Inc
            11.11.1 Company Overview
            11.11.2 Product/Service Landscape
            11.11.3 Financial Overview
            11.11.4 Recent Developments
        11.12 Oilserv
            11.12.1 Company Overview
            11.12.2 Product/Service Landscape
            11.12.3 Financial Overview
            11.12.4 Recent Developments
        11.13 Wireline Engineering Ltd.
            11.13.1 Company Overview
            11.13.2 Product/Service Landscape
            11.13.3 Financial Overview
            11.13.4 Recent Developments
        11.14 SGS S.A.
            11.14.1 Company Overview
            11.14.2 Product/Service Landscape
            11.14.3 Financial Overview
            11.14.4 Recent Developments
        11.15 Expro Group
            11.15.1 Company Overview
            11.15.2 Product/Service Landscape
            11.15.3 Financial Overview
            11.15.4 Recent Developments

    The Wireline Services Market has been segmented as below:

    Wireline Services Market, By Application

    • Offshore
    • Onshore

    Wireline Services Market, By Hole Type

    • Open Hole
    • Cased-Hole

    Wireline Services Market, By Service

    • Well Intervention
    • Logging
    • Completion

    Wireline Services Market, By Wireline Type

    • Slickline
    • Electricline

    Wireline Services Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Wireline Services Market, By Company

    • Superior Energy Services, Inc.
    • Pioneer Energy Services Corp.
    • C&J Energy Services Ltd.
    • Expro International Group Holding Ltd.
    • Archer Limited
    • Weatherford International PLC.
    • Baker Hughes Incorporated
    • Halliburton Company
    • Schlumberger Limited
    • National Oilwell Varco, Inc.

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    The market is expected to grow at a CAGR of 2.65% during the study period (2022-2027)
    The global Wireline Services Market Expected to Exceed more than US$ 11.33 Billion by 2027.
    The segment included in the Wireline Services Market is Application, Service, Wireline Type and Region.
    Some key players operating in the Wireline Services Market include Superior Energy Services, Inc., Pioneer Energy Services Corp., C&J Energy Services Ltd., Expro International Group Holding Ltd., Archer Limited, Weatherford International PLC.
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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