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Wireline Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global wireline services market reached a value of US$ 10.77 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 15.9 Billion by 2027, exhibiting at a CAGR of 6.30% during 2022-2027. 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. These insights are included in the report as a major market contributor.

Wireline services are used for lowering measuring devices or equipment into a well for reservoir evaluation, well intervention, and pipe recovery purposes. They employ cabling technology to obtain valuable and actionable real-time data to maximize the understanding of reservoirs and guide critical decisions. These services assist in identifying downhole issues, detecting bypassed production, and providing accurate assessments to ensure maximum recovery of reserves. Moreover, they help reduce the overall costs by eliminating the need for maintenance and non-operational rig downtime. In recent years, wireline services have gained traction in the oil and gas industry for various activities, including exploration, drilling, stimulation, completion and intervention, due to their cost-effectiveness, high data speed and advanced communication technology.

 

 
 

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Wireline Services Market Trends:

Wireline services offer several advantages, such as evaluating rock properties, sample recovery, information gathering for pore size, and pressure gathering for production fluid formation. As a result, the expanding oil and gas sector and the rising exploration, production and completion activities represent the primary factors driving the market growth. Additionally, since the production life of offshore oil and gas reservoirs is higher than onshore oil and gas reservoirs, there has been a significant shift toward offshore exploration and production (E&P) activities. This, in confluence with the implementation of favorable government policies, is propelling the market growth. Besides this, the growing popularity of electric wireline services for well logging purposes is catalyzing the product demand. Furthermore, with the discovery of oil and gas fields, the key players are heavily investing in offshore assets to enhance the overall productivity, lifecycle of the well, and reservoir performance, which in turn is accelerating the adoption of wireline services. Other factors, including the increasing deepwater and shallow water drilling activities, escalating demand for energy, product innovations, and technological advancements, are also creating a positive market outlook.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global wireline services market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on wireline type, service type, hole type and application.

Breakup by Wireline Type:

 

 
 

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  • Electric Line
  • Slickline
     

Breakup by Service Type:

  • Completion
  • Intervention
  • Logging
     

Breakup by Hole Type:

  • Open Hole
  • Cased Hole
     

Breakup by Application:

  • Onshore
  • Offshore
     

Breakup by Region:

 

 
 

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  • 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 Archer Limited, Baker Hughes Company, Expro Group, Halliburton Company, NexTier Oilfield Solutions Inc., NOV Inc., OiLSERV, Pioneer Energy Services Corp., Schlumberger Limited, SGS SA, Superior Energy Services Inc. and Weatherford International plc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Wireline Type, Service Type, Hole 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 Archer Limited, Baker Hughes Company, Expro Group, Halliburton Company, NexTier Oilfield Solutions Inc., NOV Inc., OiLSERV, Pioneer Energy Services Corp., Schlumberger Limited, SGS SA, Superior Energy Services Inc. 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 wireline services market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global wireline services market?
  • What are the key regional markets?
  • What is the breakup of the market based on the wireline type?
  • What is the breakup of the market based on the service type?
  • What is the breakup of the market based on the hole 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 wireline services 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
    4.2    Key Industry Trends
5    Global Wireline Services Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Wireline Type
    6.1    Electric Line
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Slickline
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Service Type
    7.1    Completion
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Intervention
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Logging
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Hole Type
    8.1    Open Hole
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Cased Hole
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Application
    9.1    Onshore
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Offshore
        9.2.1 Market Trends
        9.2.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Archer Limited
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
        15.3.2    Baker Hughes Company
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis
        15.3.3    Expro Group
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
        15.3.4    Halliburton Company
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    NexTier Oilfield Solutions Inc.
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 Financials
           15.3.5.4 SWOT Analysis
        15.3.6    NOV Inc.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    OiLSERV
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    Pioneer Energy Services Corp.
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 SWOT Analysis
        15.3.9    Schlumberger Limited
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    SGS SA
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
        15.3.11    Superior Energy Services Inc.
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
        15.3.12    Weatherford International plc
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Wireline Services Market: Major Drivers and Challenges
Figure 2: Global: Wireline Services Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Wireline Services Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Wireline Services Market: Breakup by Wireline Type (in %), 2021
Figure 5: Global: Wireline Services Market: Breakup by Service Type (in %), 2021
Figure 6: Global: Wireline Services Market: Breakup by Hole Type (in %), 2021
Figure 7: Global: Wireline Services Market: Breakup by Application (in %), 2021
Figure 8: Global: Wireline Services Market: Breakup by Region (in %), 2021
Figure 9: Global: Wireline Services (Electric Line) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Wireline Services (Electric Line) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Wireline Services (Slickline) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Wireline Services (Slickline) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Wireline Services (Completion) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Wireline Services (Completion) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Wireline Services (Intervention) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Wireline Services (Intervention) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Wireline Services (Logging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Wireline Services (Logging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Wireline Services (Open Hole) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Wireline Services (Open Hole) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Wireline Services (Cased Hole) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Wireline Services (Cased Hole) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Wireline Services (Onshore) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Wireline Services (Onshore) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Wireline Services (Offshore) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Wireline Services (Offshore) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: North America: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: North America: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: United States: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: United States: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Canada: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Canada: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Asia-Pacific: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Asia-Pacific: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: China: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: China: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Japan: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Japan: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: India: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: India: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: South Korea: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: South Korea: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Australia: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Australia: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Indonesia: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Indonesia: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Others: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Others: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Europe: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Europe: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Germany: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Germany: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: France: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: France: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: United Kingdom: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: United Kingdom: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Italy: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Italy: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Spain: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Spain: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Russia: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Russia: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Others: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Others: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Latin America: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Latin America: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Brazil: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Brazil: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Mexico: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Mexico: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Others: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Others: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Middle East and Africa: Wireline Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Middle East and Africa: Wireline Services Market: Breakup by Country (in %), 2021
Figure 75: Middle East and Africa: Wireline Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Global: Wireline Services Industry: SWOT Analysis
Figure 77: Global: Wireline Services Industry: Value Chain Analysis
Figure 78: Global: Wireline Services Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Wireline Services Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Wireline Services Market Forecast: Breakup by Wireline Type (in Million US$), 2022-2027
Table 3: Global: Wireline Services Market Forecast: Breakup by Service Type (in Million US$), 2022-2027
Table 4: Global: Wireline Services Market Forecast: Breakup by Hole Type (in Million US$), 2022-2027
Table 5: Global: Wireline Services Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Global: Wireline Services Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Wireline Services Market: Competitive Structure
Table 8: Global: Wireline Services Market: Key Players


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