U.S. Coiled Tubing Market Size & Outlook, 2019-2027
The coiled tubing market in the United States is expected to reach a projected revenue of US$ 1,348.6 million by 2027. A compound annual growth rate of 6% is expected of the United States coiled tubing market from 2020 to 2027.
Revenue, 2019 (US$M)
$847.3
Forecast, 2027 (US$M)
$1,348.6
CAGR, 2020 - 2027
6%
Report Coverage
U.S.
U.S. coiled tubing market, 2016-2027 (US$M)
Related Markets
U.S. coiled tubing market highlights
- The U.S. coiled tubing market generated a revenue of USD 847.3 million in 2019 and is expected to reach USD 1,348.6 million by 2027.
- The U.S. market is expected to grow at a CAGR of 6% from 2020 to 2027.
- In terms of segment, well intervention was the largest revenue generating services in 2019.
- Well Intervention is the most lucrative services segment registering the fastest growth during the forecast period.
Coiled tubing market data book summary
| Market revenue in 2019 | USD 847.3 million |
| Market revenue in 2027 | USD 1,348.6 million |
| Growth rate | 6% (CAGR from 2019 to 2027) |
| Largest segment | Well intervention |
| Fastest growing segment | Well Intervention |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Well Intervention, Drilling |
| Key market players worldwide | Forum Energy Technologies Inc, NOV Inc, Tenaris SA, Sandvik AB, Steel Partners Holdings LP |
Other key industry trends
- In terms of revenue, U.S. accounted for 26.1% of the global coiled tubing market in 2019.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In North America, U.S. coiled tubing market is projected to lead the regional market in terms of revenue in 2027.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,348.6 million by 2027.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Coiled Tubing Market Scope
Coiled tubing market segmentation & scope
Coiled Tubing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. coiled tubing market size, by services, 2016-2027 (US$M)
U.S. Coiled Tubing Market Outlook Share, 2019 & 2027 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
