Global Well Testing Services Market to Reach $9.8 Billion by 2030
The global market for Well Testing Services estimated at US$6.6 Billion in the year 2022, is projected to reach a revised size of US$9.8 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2022-2030. Horizontal Well, one of the segments analyzed in the report, is projected to record 5.2% CAGR and reach US$8.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Vertical Well segment is readjusted to a revised 4.6% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 4.8% CAGR
The Well Testing Services market in the U.S. is estimated at US$1.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2030 trailing a CAGR of 4.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 4.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.Select Competitors (Total 41 Featured) -
- Abraj Energy Services SAOC
- Emerson Automation Solutions
- Expro Group
- Halliburton
- Helix Energy Solutions Group, Inc.
- Integra Group
- Oil States International, Inc.
- PTS Production Technology & Services Inc.
- Schlumberger Ltd.
- SGS Group (SGS SA)
- TechnipFMC PLC
- TestAlta
- Tetra Technologies, Inc.
- Weatherly International plc
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:
- Abraj Energy Services SAOC
- Emerson Automation Solutions
- Expro Group
- Halliburton
- Helix Energy Solutions Group, Inc.
- Integra Group
- Oil States International, Inc.
- PTS Production Technology & Services Inc.
- Schlumberger Ltd.
- SGS Group (SGS SA)
- TechnipFMC PLC
- TestAlta
- Tetra Technologies, Inc.
- Weatherly International plc
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 244 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 6.6 Billion |
Forecasted Market Value ( USD | $ 9.8 Billion |
Compound Annual Growth Rate | 5.1% |
Regions Covered | Global |