PUBLISHER: IMARC | PRODUCT CODE: 1287530
PUBLISHER: IMARC | PRODUCT CODE: 1287530
Wireline Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global wireline services market size reached US$ 11.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 16.8 Billion by 2028, exhibiting a growth rate (CAGR) of 6.12% during 2023-2028.
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.
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 report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on wireline type, service type, hole type and application.
Breakup by Wireline Type:
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:
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.
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?
Table of Contents
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
- 10.1.1 United States
- 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
- 10.2.1 China
- 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
- 10.3.1 Germany
- 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
- 10.4.1 Brazil
- 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
- 15.3.1 Archer Limited
List of Figures
- Figure 1: Global: Wireline Services Market: Major Drivers and Challenges
- Figure 2: Global: Wireline Services Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Wireline Services Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Wireline Services Market: Breakup by Wireline Type (in %), 2022
- Figure 5: Global: Wireline Services Market: Breakup by Service Type (in %), 2022
- Figure 6: Global: Wireline Services Market: Breakup by Hole Type (in %), 2022
- Figure 7: Global: Wireline Services Market: Breakup by Application (in %), 2022
- Figure 8: Global: Wireline Services Market: Breakup by Region (in %), 2022
- Figure 9: Global: Wireline Services (Electric Line) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Wireline Services (Electric Line) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Wireline Services (Slickline) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Wireline Services (Slickline) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Wireline Services (Completion) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Wireline Services (Completion) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Wireline Services (Intervention) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Wireline Services (Intervention) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Wireline Services (Logging) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Wireline Services (Logging) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Wireline Services (Open Hole) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Wireline Services (Open Hole) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Wireline Services (Cased Hole) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Wireline Services (Cased Hole) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Wireline Services (Onshore) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Wireline Services (Onshore) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Wireline Services (Offshore) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Wireline Services (Offshore) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: North America: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: North America: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: United States: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: United States: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Canada: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Canada: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Asia-Pacific: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Asia-Pacific: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: China: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: China: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Japan: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Japan: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: India: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: India: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: South Korea: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: South Korea: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Australia: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Australia: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Indonesia: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Indonesia: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Others: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Others: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Europe: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Europe: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Germany: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Germany: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: France: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: France: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: United Kingdom: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: United Kingdom: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Italy: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Italy: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Spain: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Spain: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Russia: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Russia: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Others: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Others: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Latin America: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Latin America: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Brazil: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Brazil: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Mexico: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Mexico: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Others: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Others: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Middle East and Africa: Wireline Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Middle East and Africa: Wireline Services Market: Breakup by Country (in %), 2022
- Figure 75: Middle East and Africa: Wireline Services Market Forecast: Sales Value (in Million US$), 2023-2028
- 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, 2022 and 2028
- Table 2: Global: Wireline Services Market Forecast: Breakup by Wireline Type (in Million US$), 2023-2028
- Table 3: Global: Wireline Services Market Forecast: Breakup by Service Type (in Million US$), 2023-2028
- Table 4: Global: Wireline Services Market Forecast: Breakup by Hole Type (in Million US$), 2023-2028
- Table 5: Global: Wireline Services Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 6: Global: Wireline Services Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Wireline Services Market: Competitive Structure
- Table 8: Global: Wireline Services Market: Key Players
