Global Well Intervention Services Market to grow at a CAGR of 4.26% during the period 2017-2021
The main objective of this report is to define, describe, and forecast the global “Well Intervention Services” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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About Well Intervention Services
Well intervention is a part of the upstream segment. After the drilling of the well is done, the well has to be readied for production. All the activities that prepare the well for production come under well intervention services. Moreover, after the production starts, activities such as coring and fishing may also be carried out if required. Workover operations in a well are also a part of well intervention services. A well intervention is performed on an oil or gas well during or at the end of its productive life.
Technavios analysts forecast the global well intervention services market to grow at a CAGR of 4.26% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global well intervention services market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio's report, Global Well Intervention Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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National Oilwell Varco
Other prominent vendors
EQT (previously Aker Solutions)
Axis Well Technology
Danum Well Services
Gulf Intervention Services DMCC
Nordic Well Services
Wild Well Control
WISE Intervention Services
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Growth of drilling activities in unconventional areas
For a full, detailed list, view our report
Decline in investments in upstream sector
For a full, detailed list, view our report
Technological advances in well intervention techniques
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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