Global Rigless Intervention Services Market 2024-2028
The rigless intervention services market is forecasted to grow by USD 1.41 bn during 2023-2028, accelerating at a CAGR of 4.58% during the forecast period. The report on the rigless intervention services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in oil and gas E and P activities, beneficial characteristics of rigless intervention, and adoption of supercritical carbon dioxide in fracking.
Technavio's rigless intervention services market is segmented as below:
By Application
By Technique
- Coiled tubing
- Wireline
- Hydraulic workover services
By Geographical Landscape
- North America
- Middle East and Africa
- Europe
- APAC
- South America
This study identifies the advances in 4D seismic survey technologies as one of the prime reasons driving the rigless intervention services market growth during the next few years. Also, rise in deep and ultra-deepwater drilling projects and digitalization and remote operations in rigless intervention services will lead to sizable demand in the market.
The report on the rigless intervention services market covers the following areas:
- Rigless intervention services market sizing
- Rigless intervention services market forecast
- Rigless intervention services market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading rigless intervention services market vendors that include ABL Group, Abu Dhabi National Oil Co., Acteon Group Ltd., Aker Solutions ASA, Attollo Ltd., Baker Hughes Co., EFC Group Ltd., Expro Group Holdings NV, General Electric Co., Gulf Intervention Services DMCC, Halliburton Co., Havilah Energy Inc., Helix Energy Solutions Group Inc., NOV Inc., Oceaneering International Inc., Odfjell Technology Ltd., Qatar Navigation QPSC, Sapura Energy Bhd, Schlumberger Ltd., and Weatherford International Plc. Also, the rigless intervention services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.