Global Well Intervention Market to Reach $10.4 Billion by 2030
The global market for Well Intervention estimated at US$7.7 Billion in the year 2022, is projected to reach a revised size of US$10.4 Billion by 2030, growing at a CAGR of 3.9% over the analysis period 2022-2030. Logging & Bottomhole Survey, one of the segments analyzed in the report, is projected to record 3.5% CAGR and reach US$3.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Zonal Isolation segment is readjusted to a revised 3.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 3.6% CAGR
The Well Intervention market in the U.S. is estimated at US$2.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2030 trailing a CAGR of 3.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 3.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.Select Competitors (Total 16 Featured) -
- Baker Hughes, a GE company
- GE Oil & Gas Digital Solutions
- Halliburton
- Key Energy Services LLC
- Lupatech SA
- Schlumberger Ltd.
- Superior Energy Services
- TechnipFMC PLC
- Trican Well Services Ltd.
- Weatherford International Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Baker Hughes, a GE company
- GE Oil & Gas Digital Solutions
- Halliburton
- Key Energy Services LLC
- Lupatech SA
- Schlumberger Ltd.
- Superior Energy Services
- TechnipFMC PLC
- Trican Well Services Ltd.
- Weatherford International Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 231 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 7.7 Billion |
Forecasted Market Value ( USD | $ 10.4 Billion |
Compound Annual Growth Rate | 3.8% |
Regions Covered | Global |