Global Coiled Tubing Services Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Coiled Tubing Services Market Size, Manufacturers, Opportunities and Forecast to 2030


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.

According to APO Research, The global Coiled Tubing Services market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% 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.

Report Scope

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.

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.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, gross margin by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

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

Coiled Tubing Services segment by Type

Well Intervention
Drilling
Others

Coiled Tubing Services segment by Application

Onshore
Offshore

Coiled Tubing Services Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Coiled Tubing Services market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Coiled Tubing Services and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Coiled Tubing Services.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2019-2024, 2025-2030). 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: 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 3: 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 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 5: Detailed analysis of Coiled Tubing Services companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter 12: Concluding Insights of the report
Chapter 12: Concluding Insights of the report


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.3 Global Coiled Tubing Services Market Size Overview by Region 20
19 VS 2023 VS 2030
1.4 Global Coiled Tubing Services Market Size by Region (2019-2030)
1.4.1 Global Coiled Tubing Services Market Size by Region (2019-2024)
1.4.2 Global Coiled Tubing Services Market Size by Region (2025-2030)
1.5 Key Regions Coiled Tubing Services Market Size (2019-2030)
1.5.1 North America Coiled Tubing Services Market Size Growth Rate (2019-2030)
1.5.2 Europe Coiled Tubing Services Market Size Growth Rate (2019-2030)
1.5.3 Asia-Pacific Coiled Tubing Services Market Size Growth Rate (2019-2030)
1.5.4 Latin America Coiled Tubing Services Market Size Growth Rate (2019-2030)
1.5.5 Middle East & Africa Coiled Tubing Services Market Size Growth Rate (2019-2030)
2 Coiled Tubing Services Market by Type
2.1 Type Introduction
2.1.1 Well Intervention
2.1.2 Drilling
2.1.3 Others
2.2 Global Coiled Tubing Services Market Size by Type
2.2.1 Global Coiled Tubing Services Market Size Overview by Type (2019-2030)
2.2.2 Global Coiled Tubing Services Historic Market Size Review by Type (2019-2024)
2.2.3 Global Coiled Tubing Services Market Size Forecasted by Type (2025-2030)
2.3 Global Coiled Tubing Services Market Size by Regions
2.3.1 North America Coiled Tubing Services Market Size Breakdown by Type (2019-2024)
2.3.2 Europe Coiled Tubing Services Market Size Breakdown by Type (2019-2024)
2.3.3 Asia-Pacific Coiled Tubing Services Market Size Breakdown by Type (2019-2024)
2.3.4 Latin America Coiled Tubing Services Market Size Breakdown by Type (2019-2024)
2.3.5 Middle East and Africa Coiled Tubing Services Market Size Breakdown by Type (2019-2024)
3 Coiled Tubing Services Market by Application
3.1 Type Introduction
3.1.1 Onshore
3.1.2 Offshore
3.2 Global Coiled Tubing Services Market Size by Application
3.2.1 Global Coiled Tubing Services Market Size Overview by Application (2019-2030)
3.2.2 Global Coiled Tubing Services Historic Market Size Review by Application (2019-2024)
3.2.3 Global Coiled Tubing Services Market Size Forecasted by Application (2025-2030)
3.3 Global Coiled Tubing Services Market Size by Regions
3.3.1 North America Coiled Tubing Services Market Size Breakdown by Application (2019-2024)
3.3.2 Europe Coiled Tubing Services Market Size Breakdown by Application (2019-2024)
3.3.3 Asia-Pacific Coiled Tubing Services Market Size Breakdown by Application (2019-2024)
3.3.4 Latin America Coiled Tubing Services Market Size Breakdown by Application (2019-2024)
3.3.5 Middle East and Africa Coiled Tubing Services Market Size Breakdown by Application (2019-2024)
4 Global Market Dynamics
4.1 Coiled Tubing Services Industry Trends
4.2 Coiled Tubing Services Industry Drivers
4.3 Coiled Tubing Services Industry Opportunities and Challenges
4.4 Coiled Tubing Services Industry Restraints
5 Competitive Insights by Company
5.1 Global Top Players by Coiled Tubing Services Revenue (2019-2024)
5.2 Global Coiled Tubing Services Industry Company Ranking, 20
22 VS 2023 VS 2024
5.3 Global Coiled Tubing Services Key Company Headquarters & Area Served
5.4 Global Coiled Tubing Services Company, Product Type & Application
5.5 Global Coiled Tubing Services Company Commercialization Time
5.6 Market Competitive Analysis
5.6.1 Global Coiled Tubing Services Market CR5 and HHI
5.6.2 Global Top 5 and
10 Coiled Tubing Services Players Market Share by Revenue in 2023
5.6.3 20
23 Coiled Tubing Services Tier 1, Tier 2, and Tier 3
6 Company Profiles
6.1 Schlumberger
6.1.1 Schlumberger Comapny Information
6.1.2 Schlumberger Business Overview
6.1.3 Schlumberger Coiled Tubing Services Revenue, Global Share and Gross Margin (2019-2024)
6.1.4 Schlumberger Coiled Tubing Services Product Portfolio
6.1.5 Schlumberger Recent Developments
6.2 Halliburton
6.2.1 Halliburton Comapny Information
6.2.2 Halliburton Business Overview
6.2.3 Halliburton Coiled Tubing Services Revenue, Global Share and Gross Margin (2019-2024)
6.2.4 Halliburton Coiled Tubing Services Product Portfolio
6.2.5 Halliburton Recent Developments
6.3 Baker Hughes (GE)
6.3.1 Baker Hughes (GE) Comapny Information
6.3.2 Baker Hughes (GE) Business Overview
6.3.3 Baker Hughes (GE) Coiled Tubing Services Revenue, Global Share and Gross Margin (2019-2024)
6.3.4 Baker Hughes (GE) Coiled Tubing Services Product Portfolio
6.3.5 Baker Hughes (GE) Recent Developments
6.4 Weatherford
6.4.1 Weatherford Comapny Information
6.4.2 Weatherford Business Overview
6.4.3 Weatherford Coiled Tubing Services Revenue, Global Share and Gross Margin (2019-2024)
6.4.4 Weatherford Coiled Tubing Services Product Portfolio
6.4.5 Weatherford Recent Developments
6.5 Superior Energy
6.5.1 Superior Energy Comapny Information
6.5.2 Superior Energy Business Overview
6.5.3 Superior Energy Coiled Tubing Services Revenue, Global Share and Gross Margin (2019-2024)
6.5.4 Superior Energy Coiled Tubing Services Product Portfolio
6.5.5 Superior Energy Recent Developments
6.6 Archer
6.6.1 Archer Comapny Information
6.6.2 Archer Business Overview
6.6.3 Archer Coiled Tubing Services Revenue, Global Share and Gross Margin (2019-2024)
6.6.4 Archer Coiled Tubing Services Product Portfolio
6.6.5 Archer Recent Developments
6.7 Calfrac Well Services
6.7.1 Calfrac Well Services Comapny Information
6.7.2 Calfrac Well Services Business Overview
6.7.3 Calfrac Well Services Coiled Tubing Services Revenue, Global Share and Gross Margin (2019-2024)
6.7.4 Calfrac Well Services Coiled Tubing Services Product Portfolio
6.7.5 Calfrac Well Services Recent Developments
6.8 Cudd Energy Services (RPC)
6.8.1 Cudd Energy Services (RPC) Comapny Information
6.8.2 Cudd Energy Services (RPC) Business Overview
6.8.3 Cudd Energy Services (RPC) Coiled Tubing Services Revenue, Global Share and Gross Margin (2019-2024)
6.8.4 Cudd Energy Services (RPC) Coiled Tubing Services Product Portfolio
6.8.5 Cudd Energy Services (RPC) Recent Developments
6.9 National Oilwell Varco
6.9.1 National Oilwell Varco Comapny Information
6.9.2 National Oilwell Varco Business Overview
6.9.3 National Oilwell Varco Coiled Tubing Services Revenue, Global Share and Gross Margin (2019-2024)
6.9.4 National Oilwell Varco Coiled Tubing Services Product Portfolio
6.9.5 National Oilwell Varco Recent Developments
6.
10 Pioneer Energy Services
6.10.1 Pioneer Energy Services Comapny Information
6.10.2 Pioneer Energy Services Business Overview
6.10.3 Pioneer Energy Services Coiled Tubing Services Revenue, Global Share and Gross Margin (2019-2024)
6.10.4 Pioneer Energy Services Coiled Tubing Services Product Portfolio
6.10.5 Pioneer Energy Services Recent Developments
6.
11 PT Elnusa Tbk
6.11.1 PT Elnusa Tbk Comapny Information
6.11.2 PT Elnusa Tbk Business Overview
6.11.3 PT Elnusa Tbk Coiled Tubing Services Revenue, Global Share and Gross Margin (2019-2024)
6.11.4 PT Elnusa Tbk Coiled Tubing Services Product Portfolio
6.11.5 PT Elnusa Tbk Recent Developments
6.
12 Legend Energy
6.12.1 Legend Energy Comapny Information
6.12.2 Legend Energy Business Overview
6.12.3 Legend Energy Coiled Tubing Services Revenue, Global Share and Gross Margin (2019-2024)
6.12.4 Legend Energy Coiled Tubing Services Product Portfolio
6.12.5 Legend Energy Recent Developments
6.
13 Smape S.r.l.
6.13.1 Smape S.r.l. Comapny Information
6.13.2 Smape S.r.l. Business Overview
6.13.3 Smape S.r.l. Coiled Tubing Services Revenue, Global Share and Gross Margin (2019-2024)
6.13.4 Smape S.r.l. Coiled Tubing Services Product Portfolio
6.13.5 Smape S.r.l. Recent Developments
6.
14 Jereh Group
6.14.1 Jereh Group Comapny Information
6.14.2 Jereh Group Business Overview
6.14.3 Jereh Group Coiled Tubing Services Revenue, Global Share and Gross Margin (2019-2024)
6.14.4 Jereh Group Coiled Tubing Services Product Portfolio
6.14.5 Jereh Group Recent Developments
7 North America
7.1 North America Coiled Tubing Services Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.2 North America Coiled Tubing Services Market Size by Country (2019-2024)
7.3 North America Coiled Tubing Services Market Size Forecast by Country (2025-2030)
8 Europe
8.1 Europe Coiled Tubing Services Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.2 Europe Coiled Tubing Services Market Size by Country (2019-2024)
8.3 Europe Coiled Tubing Services Market Size Forecast by Country (2025-2030)
9 Asia-Pacific
9.1 Asia-Pacific Coiled Tubing Services Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.2 Asia-Pacific Coiled Tubing Services Market Size by Country (2019-2024)
9.3 Asia-Pacific Coiled Tubing Services Market Size Forecast by Country (2025-2030)
10 Latin America
10.1 Latin America Coiled Tubing Services Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.2 Latin America Coiled Tubing Services Market Size by Country (2019-2024)
10.3 Latin America Coiled Tubing Services Market Size Forecast by Country (2025-2030)
11 Middle East & Africa
11.1 Middle East & Africa Coiled Tubing Services Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.2 Middle East & Africa Coiled Tubing Services Market Size by Country (2019-2024)
11.3 Middle East & Africa Coiled Tubing Services Market Size Forecast by Country (2025-2030)
12 Concluding Insights
13 Appendix
13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
13.5.1 Secondary Sources
13.5.2 Primary Sources

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