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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Well Intervention Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The global well intervention market grew at a CAGR of around 5% during 2014-2019. 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. Looking forward, IMARC Group expects the global well intervention market to exhibit moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global well intervention market report, along with forecasts for growth at the global, regional and country-level from 2020-2025. Our report has categorized the market based on region, 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.

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$), 2014-2019
Figure 3: Global: Well Intervention Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 4: Global: Well Intervention Market: Breakup by Service Type (in %), 2019
Figure 5: Global: Well Intervention Market: Breakup by Well Type (in %), 2019
Figure 6: Global: Well Intervention Market: Breakup by Application (in %), 2019
Figure 7: Global: Well Intervention Market: Breakup by Region (in %), 2019
Figure 8: Global: Well Intervention (Logging and Bottomhole Survey) Market: Sales Value (in Million US$), 2014 & 2019
Figure 9: Global: Well Intervention (Logging and Bottomhole Survey) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 10: Global: Well Intervention (Tubing/Packer Failure Repair) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: Global: Well Intervention (Tubing/Packer Failure Repair) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: Global: Well Intervention (Stimulation) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: Global: Well Intervention (Stimulation) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: Global: Well Intervention (Sand Control) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: Global: Well Intervention (Sand Control) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: Global: Well Intervention (Zonal Isolation) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: Global: Well Intervention (Zonal Isolation) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: Global: Well Intervention (Artificial Lift) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: Global: Well Intervention (Artificial Lift) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: Global: Well Intervention (Fishing) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: Global: Well Intervention (Fishing) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: Global: Well Intervention (Others) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: Global: Well Intervention (Others) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: Global: Well Intervention (Vertical Well) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: Global: Well Intervention (Vertical Well) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: Global: Well Intervention (Horizontal Well) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: Global: Well Intervention (Horizontal Well) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: Global: Well Intervention (Onshore Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: Global: Well Intervention (Onshore Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: Global: Well Intervention (Offshore Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: Global: Well Intervention (Offshore Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: North America: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: United States: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 34: United States: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 35: Canada: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 36: Canada: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: North America: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: Asia-Pacific: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: China: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 40: China: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 41: Japan: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 42: Japan: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 43: India: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 44: India: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 45: South Korea: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 46: South Korea: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 47: Australia: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 48: Australia: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 49: Indonesia: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 50: Indonesia: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 51: Others: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 52: Others: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 53: Asia-Pacific: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 54: Europe: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 55: Germany: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 56: Germany: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 57: France: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 58: France: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 59: United Kingdom: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 60: United Kingdom: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 61: Italy: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 62: Italy: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 63: Spain: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 64: Spain: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 65: Russia: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 66: Russia: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 67: Others: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 68: Others: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 69: Europe: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 70: Latin America: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 71: Brazil: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 72: Brazil: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 73: Mexico: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 74: Mexico: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 75: Others: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 76: Others: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 77: Latin America: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 78: Middle East and Africa: Well Intervention Market: Sales Value (in Million US$), 2014 & 2019
Figure 79: Middle East and Africa: Well Intervention Market: Breakup by Country (in %), 2019
Figure 80: Middle East and Africa: Well Intervention Market Forecast: Sales Value (in Million US$), 2020-2025
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, 2019 and 2025
Table 2: Global: Well Intervention Market Forecast: Breakup by Service Type (in Million US$), 2020-2025
Table 3: Global: Well Intervention Market Forecast: Breakup by Well Type (in Million US$), 2020-2025
Table 4: Global: Well Intervention Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 5: Global: Well Intervention Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 6: Global: Well Intervention Market: Competitive Structure
Table 7: Global: Well Intervention Market: Key Players

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