Wireline Services Market

The report "Wireline Services Market by Application (Onshore & Offshore), Type (Electricline & Slickline), Services (Completion, Intervention, & Logging), Hole Type (Cased Hole & Open Hole), and Region - Global Forecasts to 2021", The wireline services market is expected to grow from an estimated USD 8.26 Billion in 2016 to USD 9.15 Billion by 2021, at a CAGR of 2.1%.

Browse 89 market data tables and 56 figures spread through 165 pages and in-depth TOC on “Wireline Services Market by Application (Onshore & Offshore), Type (Electricline & Slickline), Services (Completion, Intervention, & Logging), Hole Type (Cased Hole & Open Hole), and Region - Global Forecasts to 2021”
https://www.marketsandmarkets.com/Market-Reports/wireline-services-market-219892196.html
Early buyers will receive 10% customization on reports.

The global market is set to witness growth, due to the aging reservoirs, increasing oil production, and lifting of Iranian oil export sanctions. Also, oil export sanctions on Iran were lifted in January 2016, allowing the country to export oil. This has led to an increase in E&P investments in the country, leading to a rise in oil production.

The onshore segment is expected to hold the largest share of the wireline service market, by application, during the forecast period

The onshore segment led the wireline services market in 2015, owing to the increasing demand for wireline services across the globe. This segment is primarily driven by high number of maturing fields in onshore regions. Moreover, the ease of mobility is high in onshore regions which allows for multiple usages of wireline services, and is expected to create new revenue pockets for the wireline services market during the forecast period.

Cased-Hole to be the largest segment in the wireline services market

With regard to the hole type segment, cased-hole is expected to be the largest market in 2016. When a portion of a well has a metal casing placed and cemented to protect from pressures, fluids etc., it is called as cased-hole and these cased-hole services increases wellbore stability. The cased-hole applications further includes electricline and slickline. The electricline is estimated to be the largest sub-segment within the cased-hole wireline services due to advantages such as real time data collection, versatility, and accuracy.

North America: The leading market for wireline services

In this report, the wireline services market has been analyzed with respect to six regions, namely, North America, Asia-Pacific, Europe, the Middle East, Africa, and South America. North America is expected to dominate the global wireline services market, given the increasing shale gas production in U.S. and the offshore production in the U.S. Gulf of Mexico.

To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the wireline services market. These players include Schlumberger Limited (U.S.), Halliburton Company (U.S.), Baker Hughes Incorporated (U.S.), Weatherford International PLC (Switzerland), and Superior Energy Services (U.S.). Leading players are trying to penetrate the markets in developing economies, and are adopting various strategies to increase their market share.

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: [email protected]