Coiled Tubing Market Analysis North America, Middle East and Africa, Europe, APAC, South America - US, Canada, Saudi Arabia, China, Russia - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 167 SKU: IRTNTR71202

Coiled Tubing Market Analysis Report 2023-2027

The coiled tubing market size is forecast to increase by USD 1,135.27 million and estimated to grow at a CAGR of 5.68% between 2023 and 2027.  The report includes historic market data from 2017 to 2021. The market is witnessing a growing demand for advanced automated drilling rigs, driven by an increase in deep and ultra-deep-water drilling projects. The exploration and discovery of potential reserves further contribute to this trend.

Coiled Tubing Market Overview :

  • The market segmentation by Application as onshore and offshore
  • The Service segment includes well intervention, drilling services, and others 
  • Onshore is fastest growing segment during the forecast year
  • The Onshore was the largest segment and valued at  USD 1,954.1 million  in 2017
  • The Regional Analysis consists of North America, Middle East and Africa, Europe, APAC, and South America
  • North America is is most dominating region during the forecast period
  •  It also includes an in-depth analysis of drivers (factors influencing market growth), trends (emerging patterns or shifts in consumer behavior), and challenges (barriers or obstacles faced by the industry)

To learn more about this report, View Report Sample

Coiled Tubing Market Trends 

The growing demand for new-generation automated drilling rigs is a primary trend in the coiled tubing market. Oil and gas E&P operations present hazards, prompting rig operators to prioritize safety and efficiency. To achieve this, they are turning to technological advances, particularly automation. The new generation of automated drilling rigs reduces human intervention in remote and hazardous drilling zones, minimizing potential errors on both onshore and offshore oil fields. These rigs can construct complex boreholes and extended-reach wells in onshore oilfields.

Due to their benefits, there is a high demand for new-generation drilling rigs, leading to increased oil and gas production and reduced operating costs for E&P companies. This rising demand for automated drilling rigs is expected to contribute significantly to the growth of the global coil tubing market in the forecast period.

Largest-Growing Segments 

By Application Analysis

The market share growth by the onshore segment will be significant during the forecast period. The growth of the global coiled tubing market in the onshore segment is attributed to the increased drilling activities propelled by the global rise in energy demand, which has forced oil and gas companies to explore and drill deeper into more remote reservoirs with harsh geographical environments. 

Get a glance at the market contribution of various segments View the PDF Sample

Increased focus on unconventional reserves, such as tar sands and shale gas, is expected to stimulate the growth of the segment in the forecast period. Although the focus is now shifting more toward offshore activities, onshore activities are expected to continue to dominate the coiled tubing market, driven by the increase in the exploration of unconventional resources and production tubing of depleted gas wells.

Coiled Tubing Market Regional Analysis

For more insights on the market share of various regions Download PDF Sample now!

North America is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The coiled tubing market in North America is expected to grow rapidly during the forecast period. The constant increase in oil demand from the transportation sector in the US and Canada makes North America the largest consumer of crude oil worldwide.

COVID-19

In 2020, the outbreak of COVID-19 had a negative impact on the coiled tubing market in North America. However, post the lifting of lockdowns, manufacturing operations of drilling rigs resumed, and oil and gas prices have been recovering since the beginning of 2021. However, public movement and transport will increase due to a reduction in COVID-19 cases as well as the lifting of lockdowns. This is contributing to an increase in crude oil demand. It is expected to increase the recovery and investment in oil and gas projects by exploration and production companies. During the forecast period, it is expected that these factors will support the recovery of the regional market.

Key Driver of Coiled Tubing Market

 

The market is being driven by increased exploration of unconventional sources, such as shale gas, coal bed methane, gas hydrates, tight oil, and oil sands. Technological advancements and cost efficiencies have made these resources more accessible, leading to a rise in their usage. The shale gas boom in the US and significant oil sands discovery in Canada are examples of the growing supply of unconventional resources. The use of horizontal drilling and hydraulic fracturing has further increased the recovery of oil and gas from low-permeability geologic plays, particularly in shale formations. This trend is expected to drive the demand for coiled tubing services in the forecast period, as companies seek to profit from these unconventional resources through hydraulic fracturing techniques. Mergers and acquisitions are also common strategies adopted by energy companies to expand their presence in the fracking business in different parts of the world.

Significance Challenges of Coiled Tubing Market

 

Environmental concerns associated with oil and gas exploration and production (E&P) activities pose a major challenge for the coiled tubing market. Oil and gas drilling activities can lead to oil spills, air and water pollution, and climate change due to methane emissions. The use of drilling fluids releases toxic chemicals into the water, affecting the surrounding environment. Produced water, a by-product of drilling, also contributes to environmental waste. Deep-water exploration involves air gun firing, harming marine species' hearing. Fracking, used for unconventional oil and gas extraction, requires toxic chemicals and large water quantities, further impacting the environment. Violating environmental regulations can result in significant penalties. Strict regulations may hinder drilling projects and market growth in the future.

Coiled Tubing Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Coiled Tubing Market Customer Landscape

Major Coiled Tubing Market Companies 

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Altus Intervention - The company offers coiled tubing solutions such as Annular fracturing services, Catenary CT services, and CIRCA coiled tubing software.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Altus Intervention
  • Baker Hughes Co.
  • Forum Energy Technologies Inc.
  • Halliburton Co.
  • HandyTube Corp.
  • National Energy Services Reunited Corp.
  • NexTier Oilfield Solutions Inc.
  • NOV Inc.
  • Oceaneering International Inc.
  • RPC Inc.
  • Sandvik AB
  • Schlumberger Ltd.
  • STEP Energy Services Ltd.
  • Superior Energy Services Inc.
  • Tenaris SA
  • Trican Well Service Ltd.
  • Trident Steel Corp.
  • Weatherford International Plc
  • Webco Industries Inc.
  • Yantai Jereh Petroleum Equipment and Technologies Co. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The coiled tubing market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook (USD Million, 2017 - 2027)
    • Onshore
    • Offshore
  • Service Outlook (USD Million, 2017 - 2027)
    • Well Intervention
    • Drilling services
    • Others
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • Asia
      • Chili
      • Argentina
      • Brazil

Coiled Tubing Market Scope

Report Coverage

Details

Page number

167

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.68%

Market growth 2023-2027

$ 1135.27 million

Market structure

Fragmented

YoY growth 2022-2023(%)

5.16

Regional analysis

North America, Middle East and Africa, Europe, APAC, and South America

Performing market contribution

North America at 37%

Key countries

US, Canada, Saudi Arabia, China, and Russia

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Altus Intervention, Baker Hughes Co., Forum Energy Technologies Inc., Halliburton Co., HandyTube Corp., National Energy Services Reunited Corp., NexTier Oilfield Solutions Inc., NOV Inc., Oceaneering International Inc., RPC Inc., Sandvik AB, Schlumberger Ltd., STEP Energy Services Ltd., Superior Energy Services Inc., Tenaris SA, Trican Well Service Ltd., Trident Steel Corp., Weatherford International Plc, Webco Industries Inc., and Yantai Jereh Petroleum Equipment and Technologies Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

View PDF Sample

What are the Key Data Covered in this Coiled Tubing Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market industry across North America, Middle East and Africa, Europe, APAC, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Service
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global coiled tubing market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global coiled tubing market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Service Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Service Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Onshore - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Onshore - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Onshore - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Onshore - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Onshore - Year-over-year growth 2022-2027 (%)
    • 6.4 Offshore - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Offshore - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Offshore - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Offshore - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Offshore - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Application
      • Exhibit 42: Market opportunity by Application ($ million)
      • Exhibit 43: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Service

    • 7.1 Market segments
      • Exhibit 44: Chart on Service - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Service - Market share 2022-2027 (%)
    • 7.2 Comparison by Service
      • Exhibit 46: Chart on Comparison by Service
      • Exhibit 47: Data Table on Comparison by Service
    • 7.3 Well intervention - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Well intervention - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Data Table on Well intervention - Market size and forecast 2022-2027 ($ million)
      • Exhibit 50: Chart on Well intervention - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Well intervention - Year-over-year growth 2022-2027 (%)
    • 7.4 Drilling services - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Drilling services - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Drilling services - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Drilling services - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Drilling services - Year-over-year growth 2022-2027 (%)
    • 7.5 Others - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Service
      • Exhibit 60: Market opportunity by Service ($ million)
      • Exhibit 61: Data Table on Market opportunity by Service ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 APAC - Market size and forecast 2022-2027
      • Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 Russia - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Russia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Russia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Russia - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Russia - Year-over-year growth 2022-2027 (%)
    • 9.10 China - Market size and forecast 2022-2027
      • Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.11 Saudi Arabia - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Saudi Arabia - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Saudi Arabia - Year-over-year growth 2022-2027 (%)
    • 9.12 Canada - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ million)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Altus Intervention
              • Exhibit 115: Altus Intervention - Overview
              • Exhibit 116: Altus Intervention - Product / Service
              • Exhibit 117: Altus Intervention - Key offerings
            • 12.4 Baker Hughes Co.
              • Exhibit 118: Baker Hughes Co. - Overview
              • Exhibit 119: Baker Hughes Co. - Business segments
              • Exhibit 120: Baker Hughes Co. - Key news
              • Exhibit 121: Baker Hughes Co. - Key offerings
              • Exhibit 122: Baker Hughes Co. - Segment focus
            • 12.5 Forum Energy Technologies Inc.
              • Exhibit 123: Forum Energy Technologies Inc. - Overview
              • Exhibit 124: Forum Energy Technologies Inc. - Business segments
              • Exhibit 125: Forum Energy Technologies Inc. - Key offerings
              • Exhibit 126: Forum Energy Technologies Inc. - Segment focus
            • 12.6 Halliburton Co.
              • Exhibit 127: Halliburton Co. - Overview
              • Exhibit 128: Halliburton Co. - Business segments
              • Exhibit 129: Halliburton Co. - Key news
              • Exhibit 130: Halliburton Co. - Key offerings
              • Exhibit 131: Halliburton Co. - Segment focus
            • 12.7 NexTier Oilfield Solutions Inc.
              • Exhibit 132: NexTier Oilfield Solutions Inc. - Overview
              • Exhibit 133: NexTier Oilfield Solutions Inc. - Business segments
              • Exhibit 134: NexTier Oilfield Solutions Inc. - Key offerings
              • Exhibit 135: NexTier Oilfield Solutions Inc. - Segment focus
            • 12.8 NOV Inc.
              • Exhibit 136: NOV Inc. - Overview
              • Exhibit 137: NOV Inc. - Business segments
              • Exhibit 138: NOV Inc. - Key offerings
              • Exhibit 139: NOV Inc. - Segment focus
            • 12.9 Oceaneering International Inc.
              • Exhibit 140: Oceaneering International Inc. - Overview
              • Exhibit 141: Oceaneering International Inc. - Product / Service
              • Exhibit 142: Oceaneering International Inc. - Key offerings
            • 12.10 RPC Inc.
              • Exhibit 143: RPC Inc. - Overview
              • Exhibit 144: RPC Inc. - Business segments
              • Exhibit 145: RPC Inc. - Key offerings
              • Exhibit 146: RPC Inc. - Segment focus
            • 12.11 Schlumberger Ltd.
              • Exhibit 147: Schlumberger Ltd. - Overview
              • Exhibit 148: Schlumberger Ltd. - Business segments
              • Exhibit 149: Schlumberger Ltd. - Key news
              • Exhibit 150: Schlumberger Ltd. - Key offerings
              • Exhibit 151: Schlumberger Ltd. - Segment focus
            • 12.12 STEP Energy Services Ltd.
              • Exhibit 152: STEP Energy Services Ltd. - Overview
              • Exhibit 153: STEP Energy Services Ltd. - Product / Service
              • Exhibit 154: STEP Energy Services Ltd. - Key offerings
            • 12.13 Superior Energy Services Inc.
              • Exhibit 155: Superior Energy Services Inc. - Overview
              • Exhibit 156: Superior Energy Services Inc. - Business segments
              • Exhibit 157: Superior Energy Services Inc. - Key offerings
              • Exhibit 158: Superior Energy Services Inc. - Segment focus
            • 12.14 Tenaris SA
              • Exhibit 159: Tenaris SA - Overview
              • Exhibit 160: Tenaris SA - Product / Service
              • Exhibit 161: Tenaris SA - Key offerings
            • 12.15 Trican Well Service Ltd.
              • Exhibit 162: Trican Well Service Ltd. - Overview
              • Exhibit 163: Trican Well Service Ltd. - Product / Service
              • Exhibit 164: Trican Well Service Ltd. - Key offerings
            • 12.16 Trident Steel Corp.
              • Exhibit 165: Trident Steel Corp. - Overview
              • Exhibit 166: Trident Steel Corp. - Product / Service
              • Exhibit 167: Trident Steel Corp. - Key offerings
            • 12.17 Weatherford International Plc
              • Exhibit 168: Weatherford International Plc - Overview
              • Exhibit 169: Weatherford International Plc - Business segments
              • Exhibit 170: Weatherford International Plc - Key news
              • Exhibit 171: Weatherford International Plc - Key offerings
              • Exhibit 172: Weatherford International Plc - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 173: Inclusions checklist
                • Exhibit 174: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 175: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 176: Research methodology
                • Exhibit 177: Validation techniques employed for market sizing
                • Exhibit 178: Information sources
              • 13.5 List of abbreviations
                • Exhibit 179: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              coiled tubing market

              QUICK BUY

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis