Market revenue in 2019 | USD 3,245.4 million |
Market revenue in 2027 | USD 4,724.0 million |
Growth rate | 4.8% (CAGR from 2019 to 2027) |
Largest segment | Well intervention |
Fastest growing segment | Well Intervention |
Historical data covered | 2016 - 2018 |
Base year for estimation | 2019 |
Forecast period covered | 2020 - 2027 |
Quantitative units | Revenue in USD million |
Market segmentation | Well Intervention, Drilling |
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to coiled tubing market will help companies and investors design strategic landscapes.
well intervention was the largest segment with a revenue share of 66.52% in 2019. Horizon Databook has segmented the Global coiled tubing market based on well intervention, drilling covering the revenue growth of each sub-segment from 2016 to 2027.
Natural gas demand is projected to witness the maximum growth rate over the forecast period. The global demand for natural gas is expected to grow at an estimated CAGR of 1.9% from 2012 to 2035, with a majority of the growth in non-OECD countries outpacing the OECD demand growth (BP Energy Outlook, 2014).
According to BP Energy Outlook 2014, the global energy demand is expected to grow at an average rate of 1.5% per annum and is expected to increase by 41% from 2012 to 2035. Currently, a majority of the energy demand is being fulfilled by liquid hydrocarbons, followed by coal. Liquid hydrocarbons are used as the primary fuel for transportation, followed by industrial engines.
Horizon Databook provides a detailed overview of global-level data and insights on the Global coiled tubing market , including forecasts for subscribers. This global databook contains high-level insights into Global coiled tubing market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account