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Global Coiled Tubing Services Market Research Report 2024
Synopsis
Coiled tubing refers to a continuous length of small-diameter steel pipe and related surface equipment as well as associated drilling, completion and workover, or remediation, techniques. Coiled tubing oilfield technology was initially developed for working on live, producing wells.
Coiled tubing technology is frequently used to deploy tools and materials through production tubing or casing while remedial work is performed on producing wells. Coiled tubing fulfills three key requirements for downhole operations on live wells by providing a dynamic seal between the formation pressure and the surface, a continuous conduit for fluid conveyance and a method for running this conduit in and out of a pressurized well.
Coiled tubing strength and rigidity, combined with its capability to circulate treatment fluids, offer distinct advantages in workover operations. In addition to drilling and completion operations, oil and gas companies are using coiled tubing to help fish for lost equipment and for conveying well logging tools.
The global Coiled Tubing Services market was valued at US$ 4714 million in 2023 and is anticipated to reach US$ 7867.1 million by 2030, witnessing a CAGR of 7.5% during the forecast period 2024-2030.
Global Coiled Tubing Services key players include Schlumberger, Halliburton, Baker Hughes (GE), etc. Global top three manufacturers hold a share about 60%.
North America is the largest market, with a share about 50%, followed by South America, and Europe, both have a share over 20 percent.
In terms of product, Well Intervention is the largest segment, with a share over 65%. And in terms of application, the largest application is Onshore, followed by Offshore.
This report aims to provide a comprehensive presentation of the global market for Coiled Tubing Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Coiled Tubing Services.
Report Scope
The Coiled Tubing Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Coiled Tubing Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Coiled Tubing Services companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Schlumberger
Halliburton
Baker Hughes (GE)
Weatherford
Superior Energy
Archer
Calfrac Well Services
Cudd Energy Services (RPC)
National Oilwell Varco
Pioneer Energy Services
PT Elnusa Tbk
Legend Energy
Smape S.r.l.
Jereh Group
Segment by Type
Well Intervention
Drilling
Others
Segment by Application
Onshore
Offshore
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Coiled Tubing Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Coiled tubing refers to a continuous length of small-diameter steel pipe and related surface equipment as well as associated drilling, completion and workover, or remediation, techniques. Coiled tubing oilfield technology was initially developed for working on live, producing wells.
Coiled tubing technology is frequently used to deploy tools and materials through production tubing or casing while remedial work is performed on producing wells. Coiled tubing fulfills three key requirements for downhole operations on live wells by providing a dynamic seal between the formation pressure and the surface, a continuous conduit for fluid conveyance and a method for running this conduit in and out of a pressurized well.
Coiled tubing strength and rigidity, combined with its capability to circulate treatment fluids, offer distinct advantages in workover operations. In addition to drilling and completion operations, oil and gas companies are using coiled tubing to help fish for lost equipment and for conveying well logging tools.
The global Coiled Tubing Services market was valued at US$ 4714 million in 2023 and is anticipated to reach US$ 7867.1 million by 2030, witnessing a CAGR of 7.5% during the forecast period 2024-2030.
Global Coiled Tubing Services key players include Schlumberger, Halliburton, Baker Hughes (GE), etc. Global top three manufacturers hold a share about 60%.
North America is the largest market, with a share about 50%, followed by South America, and Europe, both have a share over 20 percent.
In terms of product, Well Intervention is the largest segment, with a share over 65%. And in terms of application, the largest application is Onshore, followed by Offshore.
This report aims to provide a comprehensive presentation of the global market for Coiled Tubing Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Coiled Tubing Services.
Report Scope
The Coiled Tubing Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Coiled Tubing Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Coiled Tubing Services companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Schlumberger
Halliburton
Baker Hughes (GE)
Weatherford
Superior Energy
Archer
Calfrac Well Services
Cudd Energy Services (RPC)
National Oilwell Varco
Pioneer Energy Services
PT Elnusa Tbk
Legend Energy
Smape S.r.l.
Jereh Group
Segment by Type
Well Intervention
Drilling
Others
Segment by Application
Onshore
Offshore
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Coiled Tubing Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Coiled Tubing Services Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Well Intervention
1.2.3 Drilling
1.2.4 Others
1.3 Market by Application
1.3.1 Global Coiled Tubing Services Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Onshore
1.3.3 Offshore
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Coiled Tubing Services Market Perspective (2019-2030)
2.2 Coiled Tubing Services Growth Trends by Region
2.2.1 Global Coiled Tubing Services Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Coiled Tubing Services Historic Market Size by Region (2019-2024)
2.2.3 Coiled Tubing Services Forecasted Market Size by Region (2025-2030)
2.3 Coiled Tubing Services Market Dynamics
2.3.1 Coiled Tubing Services Industry Trends
2.3.2 Coiled Tubing Services Market Drivers
2.3.3 Coiled Tubing Services Market Challenges
2.3.4 Coiled Tubing Services Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Coiled Tubing Services Players by Revenue
3.1.1 Global Top Coiled Tubing Services Players by Revenue (2019-2024)
3.1.2 Global Coiled Tubing Services Revenue Market Share by Players (2019-2024)
3.2 Global Coiled Tubing Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Coiled Tubing Services Revenue
3.4 Global Coiled Tubing Services Market Concentration Ratio
3.4.1 Global Coiled Tubing Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Coiled Tubing Services Revenue in 2023
3.5 Coiled Tubing Services Key Players Head office and Area Served
3.6 Key Players Coiled Tubing Services Product Solution and Service
3.7 Date of Enter into Coiled Tubing Services Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Coiled Tubing Services Breakdown Data by Type
4.1 Global Coiled Tubing Services Historic Market Size by Type (2019-2024)
4.2 Global Coiled Tubing Services Forecasted Market Size by Type (2025-2030)
5 Coiled Tubing Services Breakdown Data by Application
5.1 Global Coiled Tubing Services Historic Market Size by Application (2019-2024)
5.2 Global Coiled Tubing Services Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Coiled Tubing Services Market Size (2019-2030)
6.2 North America Coiled Tubing Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Coiled Tubing Services Market Size by Country (2019-2024)
6.4 North America Coiled Tubing Services Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Coiled Tubing Services Market Size (2019-2030)
7.2 Europe Coiled Tubing Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Coiled Tubing Services Market Size by Country (2019-2024)
7.4 Europe Coiled Tubing Services Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Coiled Tubing Services Market Size (2019-2030)
8.2 Asia-Pacific Coiled Tubing Services Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Coiled Tubing Services Market Size by Region (2019-2024)
8.4 Asia-Pacific Coiled Tubing Services Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Coiled Tubing Services Market Size (2019-2030)
9.2 Latin America Coiled Tubing Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Coiled Tubing Services Market Size by Country (2019-2024)
9.4 Latin America Coiled Tubing Services Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Coiled Tubing Services Market Size (2019-2030)
10.2 Middle East & Africa Coiled Tubing Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Coiled Tubing Services Market Size by Country (2019-2024)
10.4 Middle East & Africa Coiled Tubing Services Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Schlumberger
11.1.1 Schlumberger Company Detail
11.1.2 Schlumberger Business Overview
11.1.3 Schlumberger Coiled Tubing Services Introduction
11.1.4 Schlumberger Revenue in Coiled Tubing Services Business (2019-2024)
11.1.5 Schlumberger Recent Development
11.2 Halliburton
11.2.1 Halliburton Company Detail
11.2.2 Halliburton Business Overview
11.2.3 Halliburton Coiled Tubing Services Introduction
11.2.4 Halliburton Revenue in Coiled Tubing Services Business (2019-2024)
11.2.5 Halliburton Recent Development
11.3 Baker Hughes (GE)
11.3.1 Baker Hughes (GE) Company Detail
11.3.2 Baker Hughes (GE) Business Overview
11.3.3 Baker Hughes (GE) Coiled Tubing Services Introduction
11.3.4 Baker Hughes (GE) Revenue in Coiled Tubing Services Business (2019-2024)
11.3.5 Baker Hughes (GE) Recent Development
11.4 Weatherford
11.4.1 Weatherford Company Detail
11.4.2 Weatherford Business Overview
11.4.3 Weatherford Coiled Tubing Services Introduction
11.4.4 Weatherford Revenue in Coiled Tubing Services Business (2019-2024)
11.4.5 Weatherford Recent Development
11.5 Superior Energy
11.5.1 Superior Energy Company Detail
11.5.2 Superior Energy Business Overview
11.5.3 Superior Energy Coiled Tubing Services Introduction
11.5.4 Superior Energy Revenue in Coiled Tubing Services Business (2019-2024)
11.5.5 Superior Energy Recent Development
11.6 Archer
11.6.1 Archer Company Detail
11.6.2 Archer Business Overview
11.6.3 Archer Coiled Tubing Services Introduction
11.6.4 Archer Revenue in Coiled Tubing Services Business (2019-2024)
11.6.5 Archer Recent Development
11.7 Calfrac Well Services
11.7.1 Calfrac Well Services Company Detail
11.7.2 Calfrac Well Services Business Overview
11.7.3 Calfrac Well Services Coiled Tubing Services Introduction
11.7.4 Calfrac Well Services Revenue in Coiled Tubing Services Business (2019-2024)
11.7.5 Calfrac Well Services Recent Development
11.8 Cudd Energy Services (RPC)
11.8.1 Cudd Energy Services (RPC) Company Detail
11.8.2 Cudd Energy Services (RPC) Business Overview
11.8.3 Cudd Energy Services (RPC) Coiled Tubing Services Introduction
11.8.4 Cudd Energy Services (RPC) Revenue in Coiled Tubing Services Business (2019-2024)
11.8.5 Cudd Energy Services (RPC) Recent Development
11.9 National Oilwell Varco
11.9.1 National Oilwell Varco Company Detail
11.9.2 National Oilwell Varco Business Overview
11.9.3 National Oilwell Varco Coiled Tubing Services Introduction
11.9.4 National Oilwell Varco Revenue in Coiled Tubing Services Business (2019-2024)
11.9.5 National Oilwell Varco Recent Development
11.10 Pioneer Energy Services
11.10.1 Pioneer Energy Services Company Detail
11.10.2 Pioneer Energy Services Business Overview
11.10.3 Pioneer Energy Services Coiled Tubing Services Introduction
11.10.4 Pioneer Energy Services Revenue in Coiled Tubing Services Business (2019-2024)
11.10.5 Pioneer Energy Services Recent Development
11.11 PT Elnusa Tbk
11.11.1 PT Elnusa Tbk Company Detail
11.11.2 PT Elnusa Tbk Business Overview
11.11.3 PT Elnusa Tbk Coiled Tubing Services Introduction
11.11.4 PT Elnusa Tbk Revenue in Coiled Tubing Services Business (2019-2024)
11.11.5 PT Elnusa Tbk Recent Development
11.12 Legend Energy
11.12.1 Legend Energy Company Detail
11.12.2 Legend Energy Business Overview
11.12.3 Legend Energy Coiled Tubing Services Introduction
11.12.4 Legend Energy Revenue in Coiled Tubing Services Business (2019-2024)
11.12.5 Legend Energy Recent Development
11.13 Smape S.r.l.
11.13.1 Smape S.r.l. Company Detail
11.13.2 Smape S.r.l. Business Overview
11.13.3 Smape S.r.l. Coiled Tubing Services Introduction
11.13.4 Smape S.r.l. Revenue in Coiled Tubing Services Business (2019-2024)
11.13.5 Smape S.r.l. Recent Development
11.14 Jereh Group
11.14.1 Jereh Group Company Detail
11.14.2 Jereh Group Business Overview
11.14.3 Jereh Group Coiled Tubing Services Introduction
11.14.4 Jereh Group Revenue in Coiled Tubing Services Business (2019-2024)
11.14.5 Jereh Group Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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