Key players in North America Coiled Tubing Services Market include Schlumberger Ltd., Halliburton co., Baker Hughes Inc., Weatherford International Plc., Superior Energy Services Inc., and Nabors Industries Ltd.
(PRWEB) April 20, 2015
The North America Coiled Tubing Services Market report defines and segments the Coiled Tubing (CT) services market in North America with analysis and forecast of revenue. The CT services market in North America is estimated to grow from around $1388.7 million in 2013 to $1,760 .6 million by 2019, at a CAGR of 3.8% from 2014 to 2019.
Browse through the TOC of North America Coiled Tubing Services Market for an analysis of industry trends and segments, with the help of various tables and figures.
Rising energy demand, redevelopment of mature oilfield wells, increasing exploration & production activities in shale reservoirs, and commercially viable offshore drilling at multiple depths are some of the key drivers of the North America CT market.
The U.S. was the largest market in North America, accounting for a share of around 58% in the North America CT market in 2013.
Speak to Analyst @
This market has been segmented and forecast on the basis of service types into well intervention, drilling services, and others. The market has been further categorized on the basis of major countries, such as the U.S., Mexico, and Canada.
This report also includes the market share, supply chain, and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market, including major companies which provide CT services.
Europe Coiled Tubing Market
The Europe coiled tubing market is expected to grow at a CAGR of 7.2% from 2014 to 2019. Overall growth in the number of oil reserves, increasing energy requirements, geo-political & macro-economic factors and increased exploration of gas reserves are the key factors fuelling the growth of the coiled tubing market in Europe. Decreasing crude oil prices, strict government & environmental policies, and high market competition may act as restraints for the growth of the Europe coiled tubing market.
MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Oil & Gas industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Oil & Gas industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.
About MicroMarket Monitor:
MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.
Mr. Chandrasekhar K.
5601 Bridge Street
Fort Worth, TX 76112
Connect with us on LinkedIn at http://www.linkedin.com/company/micromarketmonitor.