Cover Image
Market Research Report
Product code
871488

Hydraulic Workover Units Market by Application and Geography - Global Forecast and Analysis 2019-2023

Published: | TechNavio (Infiniti Research Ltd.) | 119 Pages | Delivery time: 1-2 business days

Price

Back to Top
Hydraulic Workover Units Market by Application and Geography - Global Forecast and Analysis 2019-2023
Published: May 31, 2019
TechNavio (Infiniti Research Ltd.)
Content info: 119 Pages
Delivery time: 1-2 business days
  • ALL
  • Description
  • Table of Contents
Description

About this market:

Workover is the process of executing maintenance operations in oil and gas wells. Technavio's global hydraulic workover units market analysis considers the application of hydraulic workover units in onshore wells and offshore wells. Our analysis also considers the application of hydraulic workover units in APAC, Europe, MEA, North America, and South America. In 2018, the onshore segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as low costs will play a significant role in the onshore segment to maintain its market position. Also, our global hydraulic workover units market looks at factors such as advantages of hydraulic workover units, rise in oil and gas production from unconventional sources, and efforts to increase oil and gas production from mature oil and gas fields. However, the emergence of renewable energy technologies, fluctuations in crude oil prices, and technological challenges associated with hydraulic workover units may hamper the growth of the hydraulic workover industry over the forecast period.

Market Overview:

Efforts to increase oil and gas production from mature oil and gas fields

Companies in the hydraulic workover units industry are significantly investing in improving the extraction of oil and gas from mature fields. Several oil and gas companies have initiated workover operations on mature oil and gas wells to enhance oil and gas production. This growing trend in the oil and gas industry has increased the use of hydraulic workover units, which is expected to drive the growth of the global hydraulic workover units market size at a CAGR of nearly 5% during the forecast period.

Development of intelligent well completion technologies

Oil and gas companies are adopting intelligent completion technologies that involve the deployment of permanent downhole sensors and surface-controlled downhole flow control valves. This helps operators to monitor reservoir and completion-integrity data and manage production actively. Intelligent completion devices analyze various data to support well integrity and enable operators to remotely control the flow of oil and gas from the reservoir during the production process. Many such advantages achieved by the development of intelligent well completion technologies is expected to fuel the growth of the global hydraulic workover units market size.

For the detailed list of factors that will drive the global hydraulic workover units market size during the forecast period 2019-2023.

Competitive Landscape:

With the presence of several players, the global hydraulic workover units market is fairly fragmented. Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several hydraulic workover units companies, that include Canadian Energy Equipment Manufacturing FZE, Halliburton Co., High Arctic Energy Services Inc., National Oilwell Varco Inc., and Superior Energy Services Inc.

Also, the tree nuts market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Table of Contents
Product Code: IRTNTR31435

TABLE OF CONTENTS

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Onshore - Market size and forecast 2018-2023
  • Offshore - Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increasing emergence of rigless well intervention and abandonment technologies
  • Growing use of laser technology in workover operations
  • Development of intelligent well completion technologies

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Canadian Energy Equipment Manufacturing FZE
  • Halliburton Co.
  • High Arctic Energy Services Inc.
  • National Oilwell Varco Inc.
  • Superior Energy Services Inc.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

List of Exhibits

  • Exhibit 01: Global oilfield equipment and services market
  • Exhibit 02: Segments of global oilfield equipment and services market
  • Exhibit 03: Market characteristics
  • Exhibit 04: Market segments
  • Exhibit 05: Market definition - Inclusions and exclusions checklist
  • Exhibit 06: Market size 2018
  • Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
  • Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
  • Exhibit 09: Five forces analysis 2018
  • Exhibit 10: Five forces analysis 2023
  • Exhibit 11: Bargaining power of buyers
  • Exhibit 12: Bargaining power of suppliers
  • Exhibit 13: Threat of new entrants
  • Exhibit 14: Threat of substitutes
  • Exhibit 15: Threat of rivalry
  • Exhibit 16: Market condition - Five forces 2018
  • Exhibit 17: Application - Market share 2018-2023 (%)
  • Exhibit 18: Comparison by application
  • Exhibit 19: Onshore - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 20: Onshore - Year-over-year growth 2019-2023 (%)
  • Exhibit 21: Offshore - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 22: Offshore - Year-over-year growth 2019-2023 (%)
  • Exhibit 23: Market opportunity by application
  • Exhibit 24: Customer landscape
  • Exhibit 25: Market share by geography 2018-2023 (%)
  • Exhibit 26: Geographic comparison
  • Exhibit 27: North America - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 28: North America - Year-over-year growth 2019-2023 (%)
  • Exhibit 29: MEA - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 30: MEA - Year-over-year growth 2019-2023 (%)
  • Exhibit 31: Europe - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 32: Europe - Year-over-year growth 2019-2023 (%)
  • Exhibit 33: APAC - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 34: APAC - Year-over-year growth 2019-2023 (%)
  • Exhibit 35: South America - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 36: South America - Year-over-year growth 2019-2023 (%)
  • Exhibit 37: Key leading countries
  • Exhibit 38: Market opportunity
  • Exhibit 39: Impact of drivers and challenges
  • Exhibit 40: Vendor landscape
  • Exhibit 41: Landscape disruption
  • Exhibit 42: Vendors covered
  • Exhibit 43: Vendor classification
  • Exhibit 44: Market positioning of vendors
  • Exhibit 45: Canadian Energy Equipment Manufacturing FZE - Vendor overview
  • Exhibit 46: Canadian Energy Equipment Manufacturing FZE - Key offerings
  • Exhibit 47: Halliburton Co. - Vendor overview
  • Exhibit 48: Halliburton Co. - Business segments
  • Exhibit 49: Halliburton Co. - Organizational developments
  • Exhibit 50: Halliburton Co. - Geographic focus
  • Exhibit 51: Halliburton Co. - Segment focus
  • Exhibit 52: Halliburton Co. - Key offerings
  • Exhibit 53: High Arctic Energy Services Inc. - Vendor overview
  • Exhibit 54: High Arctic Energy Services, Inc. - Business segments
  • Exhibit 55: High Arctic Energy Services, Inc. - Organizational developments
  • Exhibit 56: High Arctic Energy Services, Inc. - Geographic focus
  • Exhibit 57: High Arctic Energy Services, Inc. - Segment focus
  • Exhibit 58: High Arctic Energy Services, Inc. - Key offerings
  • Exhibit 59: National Oilwell Varco Inc. - Vendor overview
  • Exhibit 60: National Oilwell Varco Inc. - Business segments
  • Exhibit 61: National Oilwell Varco Inc. - Organizational developments
  • Exhibit 62: National Oilwell Varco Inc. - Geographic focus
  • Exhibit 63: National Oilwell Varco Inc. - Segment focus
  • Exhibit 64: National Oilwell Varco Inc. - Key offerings
  • Exhibit 65: Superior Energy Services, Inc. - Vendor overview
  • Exhibit 66: Superior Energy Services, Inc. - Business segments
  • Exhibit 67: Superior Energy Services, Inc. - Organizational developments
  • Exhibit 68: Superior Energy Services, Inc. - Geographic focus
  • Exhibit 69: Superior Energy Services, Inc. - Segment focus
  • Exhibit 70: Superior Energy Services, Inc. - Key offerings
  • Exhibit 71: Validation techniques employed for market sizing
  • Exhibit 72: Definition of market positioning of vendors