Wireline Services Market is Expected to Cross US$ 34 Billion by 2022

New York, April 26: Market Research Engine has published a new report titled as “Wireline Services Market By Application (Well Intervention, Well Logging and Well Completion) and By Technology (Slickline and Electric Line) - Global Industry Analysis, Trends, and Forecast 2015 - 2022”

The Wireline Services market is expected to exceed more than US$ 34 billion by 2022; growing at a CAGR of more than 8.5% in the given forecast period.

Browse Full Report: https://www.marketresearchengine.com/reportdetails/wireline-services-market-report

Wireline services contains remediation operations, well intervention and measurement which uses multi strand cable to communicate equipment and measurement devices in cased hole wells and open hole wells. Wireline service is a electrical cabling technique used by gas and oil well to lower measurement equipment and devices inside the well for pipe recovery activities, reservoir evolution, intervention process, logging and completion. Wireline services mostly used for wide ranging activities in gas industry as well as oil industry. It is essential all through the lifecycle of well such as intervention, completion, stimulation, drilling and exploration.

The major driving factors of Wireline Services market are as follows:

• Increasing R & D actions leads to technical development in well monitoring and evaluation.
• Rising offshore production activities and examination.

The restraining factors of Wireline Services market are as follows:

• Gas reserves and depleting oil at onshore location.

The Wireline services market is segmented on the lines of its application and technology. Based on application segmentation the Wireline service market covers well completion, well logging and well intervention. The Wireline services market is segmented on the lines of its technology like electric line and slick line. The Wireline services markets geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:

1) An overview of the global market for Wireline services and related technologies.

2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2022.

3) Identifications of new market opportunities and targeted promotional plans for Wireline services.

4) Discussion of research and development, and the demand for new products and new applications.

5) Comprehensive company profiles of major players in the industry.

REPORT SCOPE:

The scope of the report includes a detailed study of global and regional markets for Wireline services with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include GE Oil & Gas, Pioneer Energy Services Corporation, FMC Technologies, Inc., Superior Energy Services Inc., Weatherford International, Allied-Horizontal Wireline Services LLC., Schlumberger Limited, Baker Hughes Incorporated, C&J Energy Services Inc., and Halliburton Company.. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The Wireline Services Market has been segmented as below:

By Application Analysis

• Well completion
• Well logging
• Well intervention

By Technology Analysis

• Electric line
• Slick line

By Regional Analysis

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

Reasons to Buy this Report:

1) Obtain the most up to date information available on all Wireline services market globally.

2) Identify growth segments and opportunities in the industry.

3) Facilitate decision making on the basis of strong historic and forecast of Wireline services data.

4) Assess your competitor’s refining portfolio and its evolution.

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