Press release
Global Coiled Tubing Market growth expected at CAGR of 3.58% during 2018 - 2023
Global Coiled Tubing (CT) Market (2018 Edition) - Forecast to 2023
According to this research report "Global Coiled Tubing (CT) Market: Analysis By Active CT Fleet, Application (Well Intervention, Drilling, Completion), Location(Onshore, Offshore), By Region, By Country (2018 Edition) - Forecast to 2023" global market is projected to display a modest growth represented by a CAGR of 3.58% during 2018 - 2023.
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Over the recent years, global coiled tubing market has been witnessing a decline, on account of several factors including falling crude oil prices, sluggish growth in investment, declining production of oil and gas. Moreover, ongoing demographic shift towards renewable energy sources, increase production in developing regions, rising investment in shale oil and revival in the prices of crude oil, is expected to propel the market for coiled tubing market during the forecast period. In this research report, the market is segmented on the basis of application type as well as location. By application type, the segment of Well intervention is predicted to hold its dominant position in the market. Amongst the regions, North America accounts for the largest regional share in the global coiled tubing market in 2018.
The report titled "Global Coiled Tubing (CT) Market: Analysis By Active CT Fleet, Application (Well Intervention, Drilling, Completion), Location (Onshore, Offshore), By Region, By Country (2018 Edition) - Forecast to 2023" has covered and analyzed the potential of global coiled tubing market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global coiled tubing market. Additionally, the report also highlights market entry strategies for various companies across the globe.
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Scope of the Report
Global Coiled Tubing Market
(Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Coiled Tubing Market - Size and Growth By Value, By Active CT Units
• By Application Type - Well Intervention, Drilling and Completion: By Value
• By Location - Offshore and Onshore: By Value
Regional Markets - North America, Europe, Asia-Pacific, South America and Middle East
(Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Coiled Tubing Market - Size and Growth: By Value, By Active CT Units
• By Application Type - Well Intervention, Drilling and Completion: By Value
• By Location - Offshore and Onshore: By Value
Country Analysis - U.S, Canada, Mexico, Brazil, Venezuela, Norway, Russia, UK, China, India, Indonesia, Saudi Arabia, Iran and Nigeria.
(Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Coiled Tubing Market - Size and Growth: By Value
• By Active CT Units
Other Report Highlights
• Market Dynamics - Drivers and Restraints
• Market Trends
• Company Share Analysis
• SWOT Analysis
• Porter Five Force Analysis
• Supply Chain Analysis
• Policy and Regulatory Landscape
• Company Analysis - Schlumberger, Baker Hughes, Halliburton, Weatherford International Inc, Archer Limited, Calfrac Well Services Ltd, Cudd Energy Services, Superior Energy Services Inc., Trican Well Service Ltd., and C&J Energy Services, Inc..
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