Key players in Europe Coiled Tubing Services Market include Baker Hughes, Weatherford International Ltd., Trican Well Service, Calfrac Well Services and Aker Solutions ASA
(PRWEB) April 09, 2015
The Europe Coiled Tubing Services Market report defines and segments the coiled tubing services market in Europe with analysis and forecast of revenue. The coiled tubing services market in Europe is estimated to grow from $486.3 million in 2013 to $749.6 million by 2019, at a CAGR of 7.2% from 2014 to 2019.
Browse through the TOC of Europe 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 oil field wells, increasing exploration and production activities in shale reservoirs, and geo-political & macro-economic factors are some of the key factors driving the growth of the coiled tubing services market in Europe. Russia held the largest share of 65.0% of the European coiled tubing services market in 2014.
This market is segmented and forecast on the basis of service types of coiled tubing, such as well intervention, drilling services, and others. The market is further segmented and forecast on the basis of major countries, such as Russia, the U.K. and others.
Speak to Analyst @
This report also includes the market share 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 that provide coiled tubing services.
North America Coiled Tubing Market
The coiled tubing services market in North America was valued at $1,388 million in 2013 and is forecast to reach $1,665 million by 2018, at a CAGR of 3.7%, from 2013 to 2018. The well intervention services accounted for $1,088 million, which is almost 78% of the total coiled tubing services in North America.
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.