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Workover Rigs Market 2025-2029- Product Image
Workover Rigs Market 2025-2029- Product Image
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Workover Rigs Market 2025-2029

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    Report

  • 216 Pages
  • June 2025
  • Region: Global
  • TechNavio
  • ID: 5117588
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The workover rigs market is forecasted to grow by USD 536.7 million during 2024-2029, accelerating at a CAGR of 4.6% during the forecast period. The report on the workover rigs market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by technological advancements in drilling and workover technologies, efforts to increase oil and gas production from mature fields, and growing adoption of remotely operated vehicles (ROVs).

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

The workover rigs market is segmented as below:

By Application

  • Onshore
  • Offshore

By Type

  • Single drum
  • Double drum

By End-user

  • Oil and gas
  • Well service contractors
  • National oil companies (NOCs)
  • Independent operators

By Geographical Landscape

  • North America
  • Middle East and Africa
  • APAC
  • Europe
  • South America
This study identifies the endorsement of laser technology in workover operations as one of the prime reasons driving the workover rigs market growth during the next few years. Also, development of intelligent well completion technologies and emergence of automated workover rigs will lead to sizable demand in the market.

The report on the workover rigs market covers the following areas:

  • Workover Rigs Market sizing
  • Workover Rigs Market forecast
  • Workover Rigs Market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading workover rigs market vendors that include Baker Hughes Co., Cactus Inc., Drillmec Spa, Ensign Energy Services Inc., Halliburton Co., Independence Contract Drilling, L and T Technology Services Ltd., MB LLC, MFF Oilfield Group, MND SAS, Nabors Industries Ltd., National Energy Services Reunited Corp., Oil India Ltd., OiLSERV, PR Marriott Drilling Ltd., Precision Drilling Corp., Schlumberger Ltd., Total Energy Services Inc., and Transcontinental Energy Services LLC. Also, the workover rigs market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Workover Rigs Market 2019 - 2023
Historic Market Size - Data Table on Global Workover Rigs Market 2019 - 2023 ($ million)
5.2 Application segment analysis 2019 - 2023
Historic Market Size - Application Segment 2019 - 2023 ($ million)
5.3 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.4 End-user segment analysis 2019 - 2023
Historic Market Size - End-user Segment 2019 - 2023 ($ million)
5.5 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.6 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 The AI impact on global workover rigs market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Application
8.1 Market segments
Chart on Application - Market share 2024-2029 (%)
Data Table on Application - Market share 2024-2029 (%)
8.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
8.3 Onshore - Market size and forecast 2024-2029
Chart on Onshore - Market size and forecast 2024-2029 ($ million)
Data Table on Onshore - Market size and forecast 2024-2029 ($ million)
Chart on Onshore - Year-over-year growth 2024-2029 (%)
Data Table on Onshore - Year-over-year growth 2024-2029 (%)
8.4 Offshore - Market size and forecast 2024-2029
Chart on Offshore - Market size and forecast 2024-2029 ($ million)
Data Table on Offshore - Market size and forecast 2024-2029 ($ million)
Chart on Offshore - Year-over-year growth 2024-2029 (%)
Data Table on Offshore - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
9 Market Segmentation by Type
9.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
9.3 Single drum - Market size and forecast 2024-2029
Chart on Single drum - Market size and forecast 2024-2029 ($ million)
Data Table on Single drum - Market size and forecast 2024-2029 ($ million)
Chart on Single drum - Year-over-year growth 2024-2029 (%)
Data Table on Single drum - Year-over-year growth 2024-2029 (%)
9.4 Double drum - Market size and forecast 2024-2029
Chart on Double drum - Market size and forecast 2024-2029 ($ million)
Data Table on Double drum - Market size and forecast 2024-2029 ($ million)
Chart on Double drum - Year-over-year growth 2024-2029 (%)
Data Table on Double drum - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
10 Market Segmentation by End-user
10.1 Market segments
Chart on End-user - Market share 2024-2029 (%)
Data Table on End-user - Market share 2024-2029 (%)
10.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
10.3 Oil and gas - Market size and forecast 2024-2029
Chart on Oil and gas - Market size and forecast 2024-2029 ($ million)
Data Table on Oil and gas - Market size and forecast 2024-2029 ($ million)
Chart on Oil and gas - Year-over-year growth 2024-2029 (%)
Data Table on Oil and gas - Year-over-year growth 2024-2029 (%)
10.4 Well service contractors - Market size and forecast 2024-2029
Chart on Well service contractors - Market size and forecast 2024-2029 ($ million)
Data Table on Well service contractors - Market size and forecast 2024-2029 ($ million)
Chart on Well service contractors - Year-over-year growth 2024-2029 (%)
Data Table on Well service contractors - Year-over-year growth 2024-2029 (%)
10.5 National oil companies (NOCs) - Market size and forecast 2024-2029
Chart on National oil companies (NOCs) - Market size and forecast 2024-2029 ($ million)
Data Table on National oil companies (NOCs) - Market size and forecast 2024-2029 ($ million)
Chart on National oil companies (NOCs) - Year-over-year growth 2024-2029 (%)
Data Table on National oil companies (NOCs) - Year-over-year growth 2024-2029 (%)
10.6 Independent operators - Market size and forecast 2024-2029
Chart on Independent operators - Market size and forecast 2024-2029 ($ million)
Data Table on Independent operators - Market size and forecast 2024-2029 ($ million)
Chart on Independent operators - Year-over-year growth 2024-2029 (%)
Data Table on Independent operators - Year-over-year growth 2024-2029 (%)
10.7 Market opportunity by End-user
Market opportunity by End-user ($ million)
Data Table on Market opportunity by End-user ($ million)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
12.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
12.3 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ million)
Data Table on North America - Market size and forecast 2024-2029 ($ million)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
12.4 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
12.5 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ million)
Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
12.6 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ million)
Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.7 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ million)
Data Table on South America - Market size and forecast 2024-2029 ($ million)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
12.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
12.9 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ million)
Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
12.10 Saudi Arabia - Market size and forecast 2024-2029
Chart on Saudi Arabia - Market size and forecast 2024-2029 ($ million)
Data Table on Saudi Arabia - Market size and forecast 2024-2029 ($ million)
Chart on Saudi Arabia - Year-over-year growth 2024-2029 (%)
Data Table on Saudi Arabia - Year-over-year growth 2024-2029 (%)
12.11 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ million)
Data Table on China - Market size and forecast 2024-2029 ($ million)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
12.12 Russia - Market size and forecast 2024-2029
Chart on Russia - Market size and forecast 2024-2029 ($ million)
Data Table on Russia - Market size and forecast 2024-2029 ($ million)
Chart on Russia - Year-over-year growth 2024-2029 (%)
Data Table on Russia - Year-over-year growth 2024-2029 (%)
12.13 Mexico - Market size and forecast 2024-2029
Chart on Mexico - Market size and forecast 2024-2029 ($ million)
Data Table on Mexico - Market size and forecast 2024-2029 ($ million)
Chart on Mexico - Year-over-year growth 2024-2029 (%)
Data Table on Mexico - Year-over-year growth 2024-2029 (%)
12.14 UAE - Market size and forecast 2024-2029
Chart on UAE - Market size and forecast 2024-2029 ($ million)
Data Table on UAE - Market size and forecast 2024-2029 ($ million)
Chart on UAE - Year-over-year growth 2024-2029 (%)
Data Table on UAE - Year-over-year growth 2024-2029 (%)
12.15 Brazil - Market size and forecast 2024-2029
Chart on Brazil - Market size and forecast 2024-2029 ($ million)
Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
Chart on Brazil - Year-over-year growth 2024-2029 (%)
Data Table on Brazil - Year-over-year growth 2024-2029 (%)
12.16 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ million)
Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
12.17 South Africa - Market size and forecast 2024-2029
Chart on South Africa - Market size and forecast 2024-2029 ($ million)
Data Table on South Africa - Market size and forecast 2024-2029 ($ million)
Chart on South Africa - Year-over-year growth 2024-2029 (%)
Data Table on South Africa - Year-over-year growth 2024-2029 (%)
12.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
13 Drivers, Challenges, and Opportunity/Restraints
13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints
14 Competitive Landscape
14.1 Overview
14.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
Overview on factors of disruption
14.4 Industry risks
Impact of key risks on business
15 Competitive Analysis
15.1 Companies profiled
Companies covered
15.2 Company ranking index
Company ranking index
15.3 Market positioning of companies
Matrix on companies position and classification
15.4 Baker Hughes Co.
Baker Hughes Co. - Overview
Baker Hughes Co. - Business segments
Baker Hughes Co. - Key news
Baker Hughes Co. - Key offerings
Baker Hughes Co. - Segment focus
SWOT
15.5 Cactus Inc.
Cactus Inc. - Overview
Cactus Inc. - Product / Service
Cactus Inc. - Key offerings
SWOT
15.6 Ensign Energy Services Inc.
Ensign Energy Services Inc. - Overview
Ensign Energy Services Inc. - Business segments
Ensign Energy Services Inc. - Key offerings
Ensign Energy Services Inc. - Segment focus
SWOT
15.7 Halliburton Co.
Halliburton Co. - Overview
Halliburton Co. - Business segments
Halliburton Co. - Key news
Halliburton Co. - Key offerings
Halliburton Co. - Segment focus
SWOT
15.8 Independence Contract Drilling
Independence Contract Drilling - Overview
Independence Contract Drilling - Product / Service
Independence Contract Drilling - Key offerings
SWOT
15.9 MB LLC
MB LLC - Overview
MB LLC - Product / Service
MB LLC - Key offerings
SWOT
15.10 MFF Oilfield Group
MFF Oilfield Group - Overview
MFF Oilfield Group - Product / Service
MFF Oilfield Group - Key offerings
SWOT
15.11 MND SAS
MND SAS - Overview
MND SAS - Product / Service
MND SAS - Key offerings
SWOT
15.12 Nabors Industries Ltd.
Nabors Industries Ltd. - Overview
Nabors Industries Ltd. - Business segments
Nabors Industries Ltd. - Key news
Nabors Industries Ltd. - Key offerings
Nabors Industries Ltd. - Segment focus
SWOT
15.13 OiLSERV
OiLSERV - Overview
OiLSERV - Product / Service
OiLSERV - Key offerings
SWOT
15.14 PR Marriott Drilling Ltd.
PR Marriott Drilling Ltd. - Overview
PR Marriott Drilling Ltd. - Product / Service
PR Marriott Drilling Ltd. - Key offerings
SWOT
15.15 Precision Drilling Corp.
Precision Drilling Corp. - Overview
Precision Drilling Corp. - Business segments
Precision Drilling Corp. - Key offerings
Precision Drilling Corp. - Segment focus
SWOT
15.16 Schlumberger Ltd.
Schlumberger Ltd. - Overview
Schlumberger Ltd. - Business segments
Schlumberger Ltd. - Key news
Schlumberger Ltd. - Key offerings
Schlumberger Ltd. - Segment focus
SWOT
15.17 Total Energy Services Inc.
Total Energy Services Inc. - Overview
Total Energy Services Inc. - Product / Service
Total Energy Services Inc. - Key offerings
SWOT
15.18 Transcontinental Energy Services LLC
Transcontinental Energy Services LLC - Overview
Transcontinental Energy Services LLC - Product / Service
Transcontinental Energy Services LLC - Key offerings
SWOT
16 Appendix
16.1 Scope of the report
16.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
16.3 Currency conversion rates for US$
Currency conversion rates for US$
16.4 Research methodology
Research methodology
16.5 Data procurement
Information sources
16.6 Data validation
Data validation
16.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
16.8 Data synthesis
Data synthesis
16.9 360 degree market analysis
360 degree market analysis
16.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 8: Executive Summary - Chart on Incremental Growth
Exhibits 9: Executive Summary - Data Table on Incremental Growth
Exhibits 10: Executive Summary - Chart on Company Market Positioning
Exhibits 11: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 12: Overview on criticality of inputs and factors of differentiation
Exhibits 13: Overview on factors of disruption
Exhibits 14: Impact of drivers and challenges in 2024 and 2029
Exhibits 15: Parent Market
Exhibits 16: Data Table on - Parent Market
Exhibits 17: Market characteristics analysis
Exhibits 18: Value chain analysis
Exhibits 19: Offerings of companies included in the market definition
Exhibits 20: Market segments
Exhibits 21: Chart on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 22: Data Table on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 23: Chart on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 24: Data Table on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 25: Historic Market Size - Data Table on Global Workover Rigs Market 2019 - 2023 ($ million)
Exhibits 26: Historic Market Size - Application Segment 2019 - 2023 ($ million)
Exhibits 27: Historic Market Size - Type Segment 2019 - 2023 ($ million)
Exhibits 28: Historic Market Size - End-user Segment 2019 - 2023 ($ million)
Exhibits 29: Historic Market Size - Geography Segment 2019 - 2023 ($ million)
Exhibits 30: Historic Market Size - Country Segment 2019 - 2023 ($ million)
Exhibits 31: Five forces analysis - Comparison between 2024 and 2029
Exhibits 32: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 33: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 34: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 35: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 36: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 37: Chart on Market condition - Five forces 2024 and 2029
Exhibits 38: Chart on Application - Market share 2024-2029 (%)
Exhibits 39: Data Table on Application - Market share 2024-2029 (%)
Exhibits 40: Chart on Comparison by Application
Exhibits 41: Data Table on Comparison by Application
Exhibits 42: Chart on Onshore - Market size and forecast 2024-2029 ($ million)
Exhibits 43: Data Table on Onshore - Market size and forecast 2024-2029 ($ million)
Exhibits 44: Chart on Onshore - Year-over-year growth 2024-2029 (%)
Exhibits 45: Data Table on Onshore - Year-over-year growth 2024-2029 (%)
Exhibits 46: Chart on Offshore - Market size and forecast 2024-2029 ($ million)
Exhibits 47: Data Table on Offshore - Market size and forecast 2024-2029 ($ million)
Exhibits 48: Chart on Offshore - Year-over-year growth 2024-2029 (%)
Exhibits 49: Data Table on Offshore - Year-over-year growth 2024-2029 (%)
Exhibits 50: Market opportunity by Application ($ million)
Exhibits 51: Data Table on Market opportunity by Application ($ million)
Exhibits 52: Chart on Type - Market share 2024-2029 (%)
Exhibits 53: Data Table on Type - Market share 2024-2029 (%)
Exhibits 54: Chart on Comparison by Type
Exhibits 55: Data Table on Comparison by Type
Exhibits 56: Chart on Single drum - Market size and forecast 2024-2029 ($ million)
Exhibits 57: Data Table on Single drum - Market size and forecast 2024-2029 ($ million)
Exhibits 58: Chart on Single drum - Year-over-year growth 2024-2029 (%)
Exhibits 59: Data Table on Single drum - Year-over-year growth 2024-2029 (%)
Exhibits 60: Chart on Double drum - Market size and forecast 2024-2029 ($ million)
Exhibits 61: Data Table on Double drum - Market size and forecast 2024-2029 ($ million)
Exhibits 62: Chart on Double drum - Year-over-year growth 2024-2029 (%)
Exhibits 63: Data Table on Double drum - Year-over-year growth 2024-2029 (%)
Exhibits 64: Market opportunity by Type ($ million)
Exhibits 65: Data Table on Market opportunity by Type ($ million)
Exhibits 66: Chart on End-user - Market share 2024-2029 (%)
Exhibits 67: Data Table on End-user - Market share 2024-2029 (%)
Exhibits 68: Chart on Comparison by End-user
Exhibits 69: Data Table on Comparison by End-user
Exhibits 70: Chart on Oil and gas - Market size and forecast 2024-2029 ($ million)
Exhibits 71: Data Table on Oil and gas - Market size and forecast 2024-2029 ($ million)
Exhibits 72: Chart on Oil and gas - Year-over-year growth 2024-2029 (%)
Exhibits 73: Data Table on Oil and gas - Year-over-year growth 2024-2029 (%)
Exhibits 74: Chart on Well service contractors - Market size and forecast 2024-2029 ($ million)
Exhibits 75: Data Table on Well service contractors - Market size and forecast 2024-2029 ($ million)
Exhibits 76: Chart on Well service contractors - Year-over-year growth 2024-2029 (%)
Exhibits 77: Data Table on Well service contractors - Year-over-year growth 2024-2029 (%)
Exhibits 78: Chart on National oil companies (NOCs) - Market size and forecast 2024-2029 ($ million)
Exhibits 79: Data Table on National oil companies (NOCs) - Market size and forecast 2024-2029 ($ million)
Exhibits 80: Chart on National oil companies (NOCs) - Year-over-year growth 2024-2029 (%)
Exhibits 81: Data Table on National oil companies (NOCs) - Year-over-year growth 2024-2029 (%)
Exhibits 82: Chart on Independent operators - Market size and forecast 2024-2029 ($ million)
Exhibits 83: Data Table on Independent operators - Market size and forecast 2024-2029 ($ million)
Exhibits 84: Chart on Independent operators - Year-over-year growth 2024-2029 (%)
Exhibits 85: Data Table on Independent operators - Year-over-year growth 2024-2029 (%)
Exhibits 86: Market opportunity by End-user ($ million)
Exhibits 87: Data Table on Market opportunity by End-user ($ million)
Exhibits 88: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 89: Chart on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 90: Data Table on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 91: Chart on Geographic comparison
Exhibits 92: Data Table on Geographic comparison
Exhibits 93: Chart on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 94: Data Table on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 95: Chart on North America - Year-over-year growth 2024-2029 (%)
Exhibits 96: Data Table on North America - Year-over-year growth 2024-2029 (%)
Exhibits 97: Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 98: Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 99: Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 100: Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 101: Chart on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 102: Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 103: Chart on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 104: Data Table on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 105: Chart on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 106: Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 107: Chart on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 108: Data Table on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 109: Chart on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 110: Data Table on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 111: Chart on South America - Year-over-year growth 2024-2029 (%)
Exhibits 112: Data Table on South America - Year-over-year growth 2024-2029 (%)
Exhibits 113: Chart on US - Market size and forecast 2024-2029 ($ million)
Exhibits 114: Data Table on US - Market size and forecast 2024-2029 ($ million)
Exhibits 115: Chart on US - Year-over-year growth 2024-2029 (%)
Exhibits 116: Data Table on US - Year-over-year growth 2024-2029 (%)
Exhibits 117: Chart on Canada - Market size and forecast 2024-2029 ($ million)
Exhibits 118: Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Exhibits 119: Chart on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 120: Data Table on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 121: Chart on Saudi Arabia - Market size and forecast 2024-2029 ($ million)
Exhibits 122: Data Table on Saudi Arabia - Market size and forecast 2024-2029 ($ million)
Exhibits 123: Chart on Saudi Arabia - Year-over-year growth 2024-2029 (%)
Exhibits 124: Data Table on Saudi Arabia - Year-over-year growth 2024-2029 (%)
Exhibits 125: Chart on China - Market size and forecast 2024-2029 ($ million)
Exhibits 126: Data Table on China - Market size and forecast 2024-2029 ($ million)
Exhibits 127: Chart on China - Year-over-year growth 2024-2029 (%)
Exhibits 128: Data Table on China - Year-over-year growth 2024-2029 (%)
Exhibits 129: Chart on Russia - Market size and forecast 2024-2029 ($ million)
Exhibits 130: Data Table on Russia - Market size and forecast 2024-2029 ($ million)
Exhibits 131: Chart on Russia - Year-over-year growth 2024-2029 (%)
Exhibits 132: Data Table on Russia - Year-over-year growth 2024-2029 (%)
Exhibits 133: Chart on Mexico - Market size and forecast 2024-2029 ($ million)
Exhibits 134: Data Table on Mexico - Market size and forecast 2024-2029 ($ million)
Exhibits 135: Chart on Mexico - Year-over-year growth 2024-2029 (%)
Exhibits 136: Data Table on Mexico - Year-over-year growth 2024-2029 (%)
Exhibits 137: Chart on UAE - Market size and forecast 2024-2029 ($ million)
Exhibits 138: Data Table on UAE - Market size and forecast 2024-2029 ($ million)
Exhibits 139: Chart on UAE - Year-over-year growth 2024-2029 (%)
Exhibits 140: Data Table on UAE - Year-over-year growth 2024-2029 (%)
Exhibits 141: Chart on Brazil - Market size and forecast 2024-2029 ($ million)
Exhibits 142: Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
Exhibits 143: Chart on Brazil - Year-over-year growth 2024-2029 (%)
Exhibits 144: Data Table on Brazil - Year-over-year growth 2024-2029 (%)
Exhibits 145: Chart on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 146: Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 147: Chart on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 148: Data Table on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 149: Chart on South Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 150: Data Table on South Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 151: Chart on South Africa - Year-over-year growth 2024-2029 (%)
Exhibits 152: Data Table on South Africa - Year-over-year growth 2024-2029 (%)
Exhibits 153: Market opportunity By Geographical Landscape ($ million)
Exhibits 154: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 155: Impact of drivers and challenges in 2024 and 2029
Exhibits 156: Overview on criticality of inputs and factors of differentiation
Exhibits 157: Overview on factors of disruption
Exhibits 158: Impact of key risks on business
Exhibits 159: Companies covered
Exhibits 160: Company ranking index
Exhibits 161: Matrix on companies position and classification
Exhibits 162: Baker Hughes Co. - Overview
Exhibits 163: Baker Hughes Co. - Business segments
Exhibits 164: Baker Hughes Co. - Key news
Exhibits 165: Baker Hughes Co. - Key offerings
Exhibits 166: Baker Hughes Co. - Segment focus
Exhibits 167: SWOT
Exhibits 168: Cactus Inc. - Overview
Exhibits 169: Cactus Inc. - Product / Service
Exhibits 170: Cactus Inc. - Key offerings
Exhibits 171: SWOT
Exhibits 172: Ensign Energy Services Inc. - Overview
Exhibits 173: Ensign Energy Services Inc. - Business segments
Exhibits 174: Ensign Energy Services Inc. - Key offerings
Exhibits 175: Ensign Energy Services Inc. - Segment focus
Exhibits 176: SWOT
Exhibits 177: Halliburton Co. - Overview
Exhibits 178: Halliburton Co. - Business segments
Exhibits 179: Halliburton Co. - Key news
Exhibits 180: Halliburton Co. - Key offerings
Exhibits 181: Halliburton Co. - Segment focus
Exhibits 182: SWOT
Exhibits 183: Independence Contract Drilling - Overview
Exhibits 184: Independence Contract Drilling - Product / Service
Exhibits 185: Independence Contract Drilling - Key offerings
Exhibits 186: SWOT
Exhibits 187: MB LLC - Overview
Exhibits 188: MB LLC - Product / Service
Exhibits 189: MB LLC - Key offerings
Exhibits 190: SWOT
Exhibits 191: MFF Oilfield Group - Overview
Exhibits 192: MFF Oilfield Group - Product / Service
Exhibits 193: MFF Oilfield Group - Key offerings
Exhibits 194: SWOT
Exhibits 195: MND SAS - Overview
Exhibits 196: MND SAS - Product / Service
Exhibits 197: MND SAS - Key offerings
Exhibits 198: SWOT
Exhibits 199: Nabors Industries Ltd. - Overview
Exhibits 200: Nabors Industries Ltd. - Business segments
Exhibits 201: Nabors Industries Ltd. - Key news
Exhibits 202: Nabors Industries Ltd. - Key offerings
Exhibits 203: Nabors Industries Ltd. - Segment focus
Exhibits 204: SWOT
Exhibits 205: OiLSERV - Overview
Exhibits 206: OiLSERV - Product / Service
Exhibits 207: OiLSERV - Key offerings
Exhibits 208: SWOT
Exhibits 209: PR Marriott Drilling Ltd. - Overview
Exhibits 210: PR Marriott Drilling Ltd. - Product / Service

Executive Summary

The following companies are recognized as the key players in the global workover rigs market: Baker Hughes Co., Cactus Inc., Drillmec Spa, Ensign Energy Services Inc., Halliburton Co., Independence Contract Drilling, L and T Technology Services Ltd., MB LLC, MFF Oilfield Group, MND SAS, Nabors Industries Ltd., National Energy Services Reunited Corp., Oil India Ltd., OiLSERV, PR Marriott Drilling Ltd., Precision Drilling Corp., Schlumberger Ltd., Total Energy Services Inc., and Transcontinental Energy Services LLC.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is endorsement of laser technology in workover operations."

According to the report, one of the major drivers for this market is the technological advancements in drilling and workover technologies.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Baker Hughes Co.
  • Cactus Inc.
  • Drillmec Spa
  • Ensign Energy Services Inc.
  • Halliburton Co.
  • Independence Contract Drilling
  • L and T Technology Services Ltd.
  • MB LLC
  • MFF Oilfield Group
  • MND SAS
  • Nabors Industries Ltd.
  • National Energy Services Reunited Corp.
  • Oil India Ltd.
  • OiLSERV
  • PR Marriott Drilling Ltd.
  • Precision Drilling Corp.
  • Schlumberger Ltd.
  • Total Energy Services Inc.
  • Transcontinental Energy Services LLC

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