Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Well Intervention Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global well intervention market reached a value of US$ 7.1 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 4% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Well intervention refers to a remedial operation performed on an oil or gas well to alter its state or geometry in order to increase or restore its production. It is generally performed via two methods, including light or heavy intervention. In a light intervention, technicians’ lower tools or sensors into a live well to minimize potential well blockages. On the other hand, in a heavy intervention, the rig crew stops production at the formation before making significant equipment changes and removes the wellhead and other pressure barriers from the well to allow full access to the wellbore.

At present, the market is experiencing growth on account of the rising number of mature oil and gas fields, along with the escalating demand for refined petroleum products due to rapid urbanization and industrialization, especially in emerging economies. Apart from this, governments of various countries are implementing taxation schemes to focus on the development of oil and gas reserves, which is also strengthening the growth of the market. Furthermore, increasing investments in technological advancements to improve exploration and production activities is propelling the market growth. However, the sudden outbreak of the coronavirus disease (COVID-19) has negatively impacted the oil and gas industry across the globe. Consequently, several leading companies had to temporarily shut down their services due to the implementation of lockdowns in various countries to prevent the spread of the pandemic. The market is anticipated to experience growth once lockdown restrictions are uplifted in these economies. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global well intervention market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on service type, well type and application.

Breakup by Service Type:

  • Logging and Bottomhole Survey
  • Tubing/Packer Failure Repair
  • Stimulation
  • Sand Control
  • Zonal Isolation
  • Artificial Lift
  • Fishing
  • Others
     

Breakup by Well Type:

  • Vertical Well
  • Horizontal Well
     

Breakup by Application:

  • Onshore Applications
  • Offshore Applications
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Aker Solutions, Archer Limited, Baker Hughes Company (General Electric ), China Oilfield Services Ltd. (China National Offshore Oil Corporation), Expro Group, Halliburton Company, Schlumberger Limited, Scientific Drilling International Inc., Superior Energy Services Inc., Vallourec and Weatherford International Plc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Service Type, Well Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Aker Solutions, Archer Limited, Baker Hughes Company (General Electric ), China Oilfield Services Ltd. (China National Offshore Oil Corporation), Expro Group, Halliburton Company, Schlumberger Limited, Scientific Drilling International Inc., Superior Energy Services Inc., Vallourec and Weatherford International Plc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global well intervention market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global well intervention market?
  • What are the key regional markets?
  • What is the breakup of the market based on the service type?
  • What is the breakup of the market based on the well type?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global well intervention market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology

    2.1   Objectives of the Study
    2.2   Stakeholders
    2.3   Data Sources
        2.3.1   Primary Sources
        2.3.2   Secondary Sources
    2.4   Market Estimation
        2.4.1   Bottom-Up Approach
        2.4.2   Top-Down Approach
    2.5   Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1   Overview
    4.1   Key Industry Trends
5   Global Well Intervention Market
    5.1   Market Overview
    5.2   Market Performance
    5.3   Impact of COVID-19
    5.4   Market Forecast
6   Market Breakup by Service Type
    6.1   Logging and Bottomhole Survey
        6.1.1   Market Trends
        6.1.2   Market Forecast
    6.2   Tubing/Packer Failure Repair
        6.2.1   Market Trends
        6.2.2   Market Forecast
    6.3   Stimulation
        6.3.1   Market Trends
        6.3.2   Market Forecast
    6.4   Sand Control
        6.4.1   Market Trends
        6.4.2   Market Forecast
    6.5   Zonal Isolation
        6.5.1   Market Trends
        6.5.2   Market Forecast
    6.6   Artificial Lift
        6.6.1   Market Trends
        6.6.2   Market Forecast
    6.7   Fishing
        6.7.1   Market Trends
        6.7.2   Market Forecast
    6.8   Others
        6.8.1   Market Trends
        6.8.2   Market Forecast
7   Market Breakup by Well Type
    7.1   Vertical Well
        7.1.1   Market Trends
        7.1.2   Market Forecast
    7.2   Horizontal Well
        7.2.1   Market Trends
        7.2.2   Market Forecast
8   Market Breakup by Application
    8.1   Onshore Applications
        8.1.1   Market Trends
        8.1.2   Market Forecast
    8.2   Offshore Applications
        8.2.1   Market Trends
        8.2.2   Market Forecast
9   Market Breakup by Region
    9.1   North America
        9.1.1   United States
                9.1.1.1   Market Trends
                9.1.1.2   Market Forecast
        9.1.2   Canada
                9.1.2.1   Market Trends
                9.1.2.2   Market Forecast
    9.2   Asia-Pacific
        9.2.1   China
                9.2.1.1   Market Trends
                9.2.1.2   Market Forecast
        9.2.2   Japan
                9.2.2.1   Market Trends
                9.2.2.2   Market Forecast
        9.2.3   India
                9.2.3.1   Market Trends
                9.2.3.2   Market Forecast
        9.2.4   South Korea
                9.2.4.1   Market Trends
                9.2.4.2   Market Forecast
        9.2.5   Australia
                9.2.5.1   Market Trends
                9.2.5.2   Market Forecast
        9.2.6   Indonesia
                9.2.6.1   Market Trends
                9.2.6.2   Market Forecast
        9.2.7   Others
                9.2.7.1   Market Trends
                9.2.7.2   Market Forecast
    9.3   Europe
        9.3.1   Germany
                9.3.1.1   Market Trends
                9.3.1.2   Market Forecast
        9.3.2   France
                9.3.2.1   Market Trends
                9.3.2.2   Market Forecast
        9.3.3   United Kingdom
                9.3.3.1   Market Trends
                9.3.3.2   Market Forecast
        9.3.4   Italy
                9.3.4.1   Market Trends
                9.3.4.2   Market Forecast
        9.3.5   Spain
                9.3.5.1   Market Trends
                9.3.5.2   Market Forecast
        9.3.6   Russia
                9.3.6.1   Market Trends
                9.3.6.2   Market Forecast
        9.3.7   Others
                9.3.7.1   Market Trends
                9.3.7.2   Market Forecast
    9.4   Latin America
        9.4.1   Brazil
                9.4.1.1   Market Trends
                9.4.1.2   Market Forecast
        9.4.2   Mexico
                9.4.2.1   Market Trends
                9.4.2.2   Market Forecast
        9.4.3   Others
                9.4.3.1   Market Trends
                9.4.3.2   Market Forecast
    9.5   Middle East and Africa
        9.5.1   Market Trends
        9.5.2   Market Breakup by Country
        9.5.3   Market Forecast
10   SWOT Analysis
    10.1   Overview
    10.2   Strengths
    10.3   Weaknesses
    10.4   Opportunities
    10.5   Threats
11   Value Chain Analysis
12   Porters Five Forces Analysis

    12.1   Overview
    12.2   Bargaining Power of Buyers
    12.3   Bargaining Power of Suppliers
    12.4   Degree of Competition
    12.5   Threat of New Entrants
    12.6   Threat of Substitutes
13   Price Analysis
14   Competitive Landscape

    14.1   Market Structure
    14.2   Key Players
    14.3   Profiles of Key Players
        14.3.1   Aker Solutions
            14.3.1.1   Company Overview
            14.3.1.2   Product Portfolio
        14.3.2   Archer Limited
            14.3.2.1   Company Overview
            14.3.2.2   Product Portfolio
            14.3.2.3   Financials
        14.3.3   Baker Hughes Company (General Electric )
            14.3.3.1   Company Overview
            14.3.3.2   Product Portfolio
            14.3.3.3   Financials
            14.3.3.4   SWOT Analysis
        14.3.4   China Oilfield Services Ltd. (China National Offshore Oil Corporation)
            14.3.4.1   Company Overview
            14.3.4.2   Product Portfolio
            14.3.4.3   Financials
        14.3.5   Expro Group
            14.3.5.1   Company Overview
            14.3.5.2   Product Portfolio
        14.3.6   Halliburton Company
            14.3.6.1   Company Overview
            14.3.6.2   Product Portfolio
            14.3.6.3   Financials
            14.3.6.4   SWOT Analysis
        14.3.7   Schlumberger Limited
            14.3.7.1   Company Overview
            14.3.7.2   Product Portfolio
            14.3.7.3   Financials
            14.3.7.4   SWOT Analysis
        14.3.8   Scientific Drilling International Inc.
            14.3.8.1   Company Overview
            14.3.8.2   Product Portfolio
        14.3.9   Superior Energy Services Inc.
            14.3.9.1   Company Overview
            14.3.9.2   Product Portfolio
            14.3.9.3   Financials
        14.3.10   Vallourec
            14.3.10.1   Company Overview
            14.3.10.2   Product Portfolio
            14.3.10.3   Financials
        14.3.11   Weatherford International Plc
            14.3.11.1   Company Overview
            14.3.11.2   Product Portfolio
            14.3.11.3   Financials
            14.3.11.4   SWOT Analysis

List of Figures

Figure 1: Global: Well Intervention Market: Major Drivers and Challenges
Figure 2: Global: Well Intervention Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Well Intervention Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Well Intervention Market: Breakup by Service Type (in %), 2020
Figure 5: Global: Well Intervention Market: Breakup by Well Type (in %), 2020
Figure 6: Global: Well Intervention Market: Breakup by Application (in %), 2020
Figure 7: Global: Well Intervention Market: Breakup by Region (in %), 2020
Figure 8: Global: Well Intervention (Logging and Bottomhole Survey) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Well Intervention (Logging and Bottomhole Survey) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Well Intervention (Tubing/Packer Failure Repair) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Well Intervention (Tubing/Packer Failure Repair) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Well Intervention (Stimulation) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Well Intervention (Stimulation) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Well Intervention (Sand Control) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Well Intervention (Sand Control) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Well Intervention (Zonal Isolation) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Well Intervention (Zonal Isolation) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Well Intervention (Artificial Lift) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Well Intervention (Artificial Lift) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Well Intervention (Fishing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Well Intervention (Fishing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Well Intervention (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Well Intervention (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Well Intervention (Vertical Well) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Well Intervention (Vertical Well) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Well Intervention (Horizontal Well) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Well Intervention (Horizontal Well) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Well Intervention (Onshore Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Well Intervention (Onshore Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Well Intervention (Offshore Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Well Intervention (Offshore Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: North America: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: United States: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: United States: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Canada: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Canada: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: North America: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Asia-Pacific: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: China: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: China: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Japan: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Japan: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: India: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: India: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: South Korea: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: South Korea: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Australia: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Australia: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Indonesia: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Indonesia: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Others: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Others: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Asia-Pacific: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Europe: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Germany: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Germany: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: France: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: France: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: United Kingdom: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: United Kingdom: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Italy: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Italy: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Spain: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Spain: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Russia: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Russia: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Others: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Others: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Europe: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Latin America: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Brazil: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: Brazil: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Mexico: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Mexico: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Others: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: Others: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Latin America: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Middle East and Africa: Well Intervention Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: Middle East and Africa: Well Intervention Market: Breakup by Country (in %), 2020
Figure 80: Middle East and Africa: Well Intervention Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Global: Well Intervention Industry: SWOT Analysis
Figure 82: Global: Well Intervention Industry: Value Chain Analysis
Figure 83: Global: Well Intervention Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Well Intervention Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Well Intervention Market Forecast: Breakup by Service Type (in Million US$), 2021-2026
Table 3: Global: Well Intervention Market Forecast: Breakup by Well Type (in Million US$), 2021-2026
Table 4: Global: Well Intervention Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Well Intervention Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Well Intervention Market: Competitive Structure
Table 7: Global: Well Intervention Market: Key Player

Note: We value your privacy and will never rent or sell your email address. Privacy policy

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Purchase Options




$ 2299

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links