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North America Coiled Tubing Services Market - Opportunities and Forecasts, 2017 - 2023

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    Report

  • September 2019
  • Region: North America
  • Allied Market Research
  • ID: 3773072
A Coil Tubing (CT) normally consists of a set of equipment which performs standard continuous-length tubing operations in the oil & gas fields, mainly for upstream activities. Coiled tubes are made up of very low-alloy carbon-steel and is needed in oil & gas industry during the phase of completion and oil recovery.

The growth of the coiled tubing market is driven by a rise in demand for energy, strict environmental regulations, introduction of new technologies, improved services, and favorable government regulations. However, intense competition among key market players are factors restraining the growth of this market. Ongoing and upcoming projects & developments in offshore drilling along with shale exploration and production activities offer abundant growth opportunity to the North America coiled tubing CT services market.

The market is segmented on the basis of types, application and geography. On the basis of types, the market is segmented into well intervention, drilling, and others. Based on the application, the market is segmented into onshore & offshore. On the basis of country, the market is segmented into the U.S., Canada, and Mexico.

Key players operating in this market are Halliburton Co., Key Energy Services, Inc., Nabors Industries Ltd., Sanjel Corporation., Schlumberger Ltd., Superior Energy Services Inc., Trican Well Service Ltd. and Weatherford International Plc.

KEY BENEFITS FOR STAKEHOLDERS:

The report provides a comprehensive analysis of current & future trends and emerging avenues for the growth of the market in North America.
The report offers an overview of changing market dynamics in terms of fast turn-around analysis of stakeholders responses to recent industry policy changes and trends.
The report offers an insight into competitive landscape in terms of new technological developments, untapped segments, and value chain analysis.
This report involves the detailed quantitative analysis of the current market and estimations through 2014 and 2020, which assists in identifying the prevailing opportunities.
The report offers comprehensive coverage of product approvals, pipeline products, and product recalls.
The report offers strategic analysis of financial status of key players, and highlights market share of key vendors.
The report offers information on the status of new projects along with offering investment feasibility analysis of the same.
Tools such as Porters Five Forces model help in understanding the potentiality of key buyers and sellers.

COILED TUBING SERVICES MARKET KEY SEGMENTS:

North America Coiled Tubing Services - By Service

Well Intervention
Drilling
Others

North America Coiled Tubing Services - By Application

Onshore
Offshore

North America Coiled Tubing Services - By Country

U.S.
Canada
Mexico

Key Company Profile

Halliburton Co.
Key Energy Services, Inc.
Nabors Industries Ltd.
Sanjel Corporation.
Schlumberger Ltd.
Superior Energy Services Inc.
Trican Well Service Ltd.
Weatherford International Plc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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