The report "Wireline Logging Services Market by Hole Type (Cased Hole, Open Hole), by Wireline Type (Electricline, Slickline) & Geography (Asia-Pacific, Europe, Middle East, Africa, North America, South America) - Global Trends & Forecast to 2019", defines and segments the wireline logging services market with an analysis and forecast of the global revenue.
Browse 70 market data tables and 29 figures spread through 171 Pages and in-depth TOC on “Wireline Logging Services Market by Hole Type (Cased Hole, Open Hole), by Wireline Type (Electricline, Slickline) & Geography (Asia-Pacific, Europe, Middle East, Africa, North America, South America) - Global Trends & Forecast to 2019”.
Early buyers will receive 10% customization on reports.
The global wireline logging services market will grow from an estimated $15.58 billion in 2014 to $25.46 billion in 2019 at a CAGR of 10.3% between 2014 and 2019. North America is expected to lead the global wireline logging services market with a share of about 45% in terms of value in 2014.
Wireline Logging Services Market Value, By Geography, 2012-2019
Source: MarketsandMarkets Analysis
The wireline logging services market is likely to grow reasonably in the upcoming years. The long-term drivers of the wireline logging services market are well known. The relentless depletion of onshore and shallow water fields has compelled oil companies to focus on deep water and unconventional onshore areas, which pose High Temperature High Pressure (HPHT) conditions where wireline logging plays a crucial role in order to produce hydrocarbons.
The key drivers for the wireline logging services market are global demand for oil & gas , new additions to recoverable reserves, growing exploration and drilling activities, and technological developments in wireline logging. Stringent environmental rules and regulations, and public outcry are seen as major restraints to the wireline logging services market. North America holds a major market share in the global wireline logging services market. Research and development initiatives by the American government, and favorable regulatory conditions have helped the American market grow to this level of being the market leader in wireline logging services.
The market has been estimated from the demand point of view. This report breaks the market into smaller service segments. In order to provide a deeper understanding of the competitive landscape, the report profiles 10 companies in the wireline logging services market.
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Email: [email protected]