Workover Rigs Market Analysis North America, Middle East and Africa, APAC, Europe, South America - US, Canada, Saudi Arabia, China, Russia - Size and Forecast 2024-2028
| Published: Feb 2024 | Pages: 166 | SKU: IRTNTR44023 |
Workover Rigs Market Forecast 2024-2028
The Workover Rigs Market size is forecast to increase by USD 437.19 million, at a CAGR of 4.47% between 2023 and 2028. The report includes historic market data from 2018 - 2022. The market is witnessing a growing demand for the endorsement of laser technology in workover operations, the development of intelligent well-completion technologies, and the emergence of automated workover rigs.
Market Overview :
- Onshore is fastest growing segment during the forecast year
- The onshore was the largest segment and was valued at USD 1,342.03 million in 2018
- North America is is most dominating region during the forecast period
- It also includes an in-depth analysis of the efforts to increase oil and gas production from mature fields, the emergence of automated workover rigs, and the advent of rigless well intervention and abandonment technologies
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Market Trends
A key factor shaping the market growth is the emergence of automated workover rigs. In the oil and gas industry, rigs can cause many hazards for workers and have been involved in accidents and environmental disasters over the last few decades, with several fatalities. In addition, most of these accidents are a result of human error.
Therefore, rig operators are looking for ways to ensure the safety of the workers and simultaneously reduce the costs of workover operations in both offshore and onshore wells. In addition, many accidents can be reduced with technological advances such as automation. Hence, such factors are positively impacting the market. Therefore, it is expected to drive the market during the forecast period.
Market Largest-Growing Segments
Onshore
The onshore segment is estimated to witness significant growth during the forecast period. Onshore variants are versatile and can manage a broad range of tasks, such as the wellbore cleanout, casing repairs, artificial lift installations, stimulation treatments, and interventions aimed at improving or restoring well performance. In addition, onshore variants are involved in the installation, repair, or maintenance of artificial lift systems including electric submersible pumps (ESPs), rod pumps, and gas lift systems to optimize the production rate of the well.
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Moreover, the oil and gas industry is striving to reduce its environmental footprint. In addition, onshore variants often have lower emissions and smaller infrastructure requirements compared with their offshore counterparts, making them an attractive option for environmentally conscious producers. Furthermore, onshore variants are generally cheaper to mobilize and operate compared with that of offshore rigs. In addition, this cost advantage becomes even more pronounced in regions with existing infrastructure and readily available skilled labor for onshore operations. Hence, such factors are fuelling this segment which in turn drives the market growth during the forecast period.
Market Regional Analysis
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North America is estimated to contribute 49% 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 market is expected to grow significantly in North America as the region has been a hub for the development of unconventional resources, including shale oil and gas. In addition, the growth of unconventional plays, including hydraulic fracturing (fracking) operations, can contribute to the demand to optimize production from these wells. Moreover, shale plays and tight reservoirs, which are prevalent in North America, often require specialized well intervention techniques. In addition, they are equipped for horizontal drilling, fracking, and other techniques that are essential for optimizing production from these formations. Furthermore, the growth of infrastructure, including pipelines and processing facilities, can create opportunities to connect new wells to existing infrastructure, contributing to the overall efficiency of the oil and gas production system. Hence, such factors are driving market growth in North America during the forecast period.
Market Dynamics
Key Driver
One of the key factors driving the market growth is the efforts to increase oil and gas production from mature fields. Mature oil and gas fields are fields that have reached their production threshold and have started declining. In addition, the hydrocarbons from these oil and gas fields can be recovered using primary recovery methods such as natural reservoir pressure.
Moreover, the percentage of hydrocarbons that can be recovered through the primary recovery process is very small. In addition, significant investments in the oil and gas sector are improving recovery from mature oil and gas fields. Furthermore, improved methods for oil and gas recovery are essential for oil and gas operators for the efficient use of mature oil and gas fields. Hence, such factors are driving the market growth during the forecast period.
Significant Challenges
The advent of rigless well intervention and abandonment technologies is one of the key challenges hindering the market growth. The oil and gas industry is transitioning to rigless intervention and abandonment technologies, which are safe, efficient, and cost-effective. In addition, there is a growing movement to identify new technologies in the oil and gas industry, which can help maximize revenues from existing fields by enhancing their output. Furthermore, the new approaches are driven by the significant upturn in global oil and gas E and P activities in the oil and gas sector.
Moreover, rigless intervention services are more cost-effective than these products. In addition, rigless intervention techniques such as wireline, hydraulic workover, and coiled tubing do not require the use of traditional variants, and therefore, their use eliminates the costs associated with conventional variants. Furthermore, rigless well intervention allows operators and service companies to run well intervention services smoothly by reducing complexity and increasing efficiency. Hence, such factors are hindering the market growth during the forecast period.
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.
Customer Landscape
Major Workover Rigs Market Players
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.
Cactus Inc: The company offers workover rigs which a mobile self-propelled rigs used to perform one or more remedial operations, such as deepening, plugging back, pulling, and resetting liners.
The research report also includes detailed analyses of the competitive landscape of the market and information about 23 market companies, including:
- Baker Hughes Co.
- Deep Industries Ltd.
- Ensign Energy Services Inc.
- Estrella International Energy Services Ltd.
- Halliburton Co.
- INDEPENDENCE CONTRACT DRILLING INC.
- L and T Technology Services Ltd.
- MB Holding Co. LLC
- MFF OILFIELD GROUP.
- MND
- Nabors Industries Ltd.
- National Energy Services Reunited Corp.
- OiLSERV
- PR Marriott Drilling Ltd.
- Precision Drilling Corp.
- Schlumberger Ltd.
- Aakash Exploration Services Ltd.
- Drillmec Spa
- Oil India Ltd.
- Total Energy Services Inc.
- Transcontinental Energy Services LLC
- Trevi Group
Qualitative and quantitative market growth 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.
Market Analyst Overview
The Market is experiencing significant growth fueled by the increasing demand for well service and completion activities in the energy sector. Mobile and skid-mounted devices are gaining traction due to their flexibility in addressing various well conditions and operational needs. With a focus on operational optimization and sustainability, companies are adopting data analytics and safety features in their rigs. Environmental concerns and emission rules are driving the transition from diesel-powered to electric or hybrid powertrains. Data-driven insights enable predictive maintenance, enhancing rig efficiency and reducing downtime. Key players like Mesa Southern Well Servicing and Sun Well Service dominate the market with their extensive geographical penetration and comprehensive service offerings. As the industry continues to prioritize well-maintenance and augmentation, the market is poised for robust growth and innovation.
Segment Overview
The market report forecasts market growth by revenue at global, regional & country levels and provides a market research and growth analysis of the latest market trends and analysis and growth opportunities from 2018 to 2028.
- Application Outlook
- Onshore
- Offshore
- Type Outlook
- Single drum
- Double drum
- Region Outlook
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- South America
- Chile
- Argentina
- Brazil
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- North America
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Workover Rigs Market Scope |
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|
Report Coverage |
Details |
|
Page number |
166 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.47% |
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Market Growth 2024-2028 |
USD 437.19 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
4.33 |
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Regional analysis |
North America, Middle East and Africa, APAC, Europe, and South America |
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Performing market contribution |
North America at 49% |
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Key countries |
US, Canada, Saudi Arabia, China, and Russia |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Baker Hughes Co., Cactus Inc., Deep Industries Ltd., Ensign Energy Services Inc., Estrella International Energy Services Ltd., Halliburton Co., INDEPENDENCE CONTRACT DRILLING INC., L and T Technology Services Ltd., MB Holding Co. LLC, MFF OILFIELD GROUP., MND, Nabors Industries Ltd., National Energy Services Reunited Corp., OiLSERV, PR Marriott Drilling Ltd., Precision Drilling Corp., Schlumberger Ltd., Aakash Exploration Services Ltd., Drillmec Spa, Oil India Ltd., Total Energy Services Inc., Transcontinental Energy Services LLC, and Trevi Group |
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Market dynamics |
Parent market analysis, market growth and trends, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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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. |
What are the Key Data Covered in this Market Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
- Precise estimation of the size of the market size and its contribution to the parent market
- Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
- Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
- Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies
We can help! Our analysts can customize this market research report to meet your requirements.
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 Type
- 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 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global workover rigs market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global workover rigs market 2018 - 2022 ($ million)
- 4.2 Application Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ million)
- 4.3 Type Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ million)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
- 6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
- 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 2023-2028
- Exhibit 34: Chart on Onshore - Market size and forecast 2023-2028 ($ million)
- Exhibit 35: Data Table on Onshore - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Chart on Onshore - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Onshore - Year-over-year growth 2023-2028 (%)
- 6.4 Offshore - Market size and forecast 2023-2028
- Exhibit 38: Chart on Offshore - Market size and forecast 2023-2028 ($ million)
- Exhibit 39: Data Table on Offshore - Market size and forecast 2023-2028 ($ million)
- Exhibit 40: Chart on Offshore - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Offshore - Year-over-year growth 2023-2028 (%)
- 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 Type
- 7.1 Market segments
- Exhibit 44: Chart on Type - Market share 2023-2028 (%)
- Exhibit 45: Data Table on Type - Market share 2023-2028 (%)
- 7.2 Comparison by Type
- Exhibit 46: Chart on Comparison by Type
- Exhibit 47: Data Table on Comparison by Type
- 7.3 Single drum - Market size and forecast 2023-2028
- Exhibit 48: Chart on Single drum - Market size and forecast 2023-2028 ($ million)
- Exhibit 49: Data Table on Single drum - Market size and forecast 2023-2028 ($ million)
- Exhibit 50: Chart on Single drum - Year-over-year growth 2023-2028 (%)
- Exhibit 51: Data Table on Single drum - Year-over-year growth 2023-2028 (%)
- 7.4 Double drum - Market size and forecast 2023-2028
- Exhibit 52: Chart on Double drum - Market size and forecast 2023-2028 ($ million)
- Exhibit 53: Data Table on Double drum - Market size and forecast 2023-2028 ($ million)
- Exhibit 54: Chart on Double drum - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Double drum - Year-over-year growth 2023-2028 (%)
- 7.5 Market opportunity by Type
- Exhibit 56: Market opportunity by Type ($ million)
- Exhibit 57: Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 59: Chart on Market share by geography 2023-2028 (%)
- Exhibit 60: Data Table on Market share by geography 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 61: Chart on Geographic comparison
- Exhibit 62: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Exhibit 63: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 64: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 65: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 66: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 67: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 68: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 69: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.5 APAC - Market size and forecast 2023-2028
- Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.6 Europe - Market size and forecast 2023-2028
- Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.7 South America - Market size and forecast 2023-2028
- Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 Canada - Market size and forecast 2023-2028
- Exhibit 87: Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Exhibit 88: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Exhibit 89: Chart on Canada - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 9.10 Saudi Arabia - Market size and forecast 2023-2028
- Exhibit 91: Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
- Exhibit 92: Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
- Exhibit 93: Chart on Saudi Arabia - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on Saudi Arabia - Year-over-year growth 2023-2028 (%)
- 9.11 China - Market size and forecast 2023-2028
- Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.12 Russia - Market size and forecast 2023-2028
- Exhibit 99: Chart on Russia - Market size and forecast 2023-2028 ($ million)
- Exhibit 100: Data Table on Russia - Market size and forecast 2023-2028 ($ million)
- Exhibit 101: Chart on Russia - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on Russia - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ million)
- Exhibit 104: 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 105: Impact of drivers and challenges in 2023 and 2028
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 108: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 109: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification
- 12.3 Baker Hughes Co.
- Exhibit 111: Baker Hughes Co. - Overview
- Exhibit 112: Baker Hughes Co. - Business segments
- Exhibit 113: Baker Hughes Co. - Key news
- Exhibit 114: Baker Hughes Co. - Key offerings
- Exhibit 115: Baker Hughes Co. - Segment focus
- 12.4 Cactus Inc.
- Exhibit 116: Cactus Inc. - Overview
- Exhibit 117: Cactus Inc. - Product / Service
- Exhibit 118: Cactus Inc. - Key offerings
- 12.5 Ensign Energy Services Inc.
- Exhibit 119: Ensign Energy Services Inc. - Overview
- Exhibit 120: Ensign Energy Services Inc. - Business segments
- Exhibit 121: Ensign Energy Services Inc. - Key offerings
- Exhibit 122: Ensign Energy Services Inc. - Segment focus
- 12.6 Halliburton Co.
- Exhibit 123: Halliburton Co. - Overview
- Exhibit 124: Halliburton Co. - Business segments
- Exhibit 125: Halliburton Co. - Key news
- Exhibit 126: Halliburton Co. - Key offerings
- Exhibit 127: Halliburton Co. - Segment focus
- 12.7 INDEPENDENCE CONTRACT DRILLING INC.
- Exhibit 128: INDEPENDENCE CONTRACT DRILLING INC. - Overview
- Exhibit 129: INDEPENDENCE CONTRACT DRILLING INC. - Product / Service
- Exhibit 130: INDEPENDENCE CONTRACT DRILLING INC. - Key offerings
- 12.8 MB Holding Co. LLC
- Exhibit 131: MB Holding Co. LLC - Overview
- Exhibit 132: MB Holding Co. LLC - Product / Service
- Exhibit 133: MB Holding Co. LLC - Key offerings
- 12.9 MFF OILFIELD GROUP.
- Exhibit 134: MFF OILFIELD GROUP. - Overview
- Exhibit 135: MFF OILFIELD GROUP. - Product / Service
- Exhibit 136: MFF OILFIELD GROUP. - Key offerings
- 12.10 MND
- Exhibit 137: MND - Overview
- Exhibit 138: MND - Product / Service
- Exhibit 139: MND - Key offerings
- 12.11 Nabors Industries Ltd.
- Exhibit 140: Nabors Industries Ltd. - Overview
- Exhibit 141: Nabors Industries Ltd. - Business segments
- Exhibit 142: Nabors Industries Ltd. - Key news
- Exhibit 143: Nabors Industries Ltd. - Key offerings
- Exhibit 144: Nabors Industries Ltd. - Segment focus
- 12.12 OiLSERV
- Exhibit 145: OiLSERV - Overview
- Exhibit 146: OiLSERV - Product / Service
- Exhibit 147: OiLSERV - Key offerings
- 12.13 PR Marriott Drilling Ltd.
- Exhibit 148: PR Marriott Drilling Ltd. - Overview
- Exhibit 149: PR Marriott Drilling Ltd. - Product / Service
- Exhibit 150: PR Marriott Drilling Ltd. - Key offerings
- 12.14 Precision Drilling Corp.
- Exhibit 151: Precision Drilling Corp. - Overview
- Exhibit 152: Precision Drilling Corp. - Business segments
- Exhibit 153: Precision Drilling Corp. - Key offerings
- Exhibit 154: Precision Drilling Corp. - Segment focus
- 12.15 Schlumberger Ltd.
- Exhibit 155: Schlumberger Ltd. - Overview
- Exhibit 156: Schlumberger Ltd. - Business segments
- Exhibit 157: Schlumberger Ltd. - Key news
- Exhibit 158: Schlumberger Ltd. - Key offerings
- Exhibit 159: Schlumberger Ltd. - Segment focus
- 12.16 Total Energy Services Inc.
- Exhibit 160: Total Energy Services Inc. - Overview
- Exhibit 161: Total Energy Services Inc. - Business segments
- Exhibit 162: Total Energy Services Inc. - Key offerings
- Exhibit 163: Total Energy Services Inc. - Segment focus
- 12.17 Transcontinental Energy Services LLC
- Exhibit 164: Transcontinental Energy Services LLC - Overview
- Exhibit 165: Transcontinental Energy Services LLC - Product / Service
- Exhibit 166: Transcontinental Energy Services LLC - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 167: Inclusions checklist
- Exhibit 168: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 169: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 170: Research methodology
- Exhibit 171: Validation techniques employed for market sizing
- Exhibit 172: Information sources
- 13.5 List of abbreviations
- Exhibit 173: 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
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workover rigs market market
Key Questions Answered
- What are the key global market and the regional market share?
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- 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?
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