Report cover image

North America Coiled Tubing Market Report and Forecast 2025-2034

Publisher Expert Market Research
Published May 29, 2025
Length 168 Pages
SKU # EMAR20078955

Description

The North America coiled tubing market size was valued at USD 696.80 Million in 2024. The market is further projected to grow at a CAGR of 3.60% between 2025 and 2034, reaching a value of USD 992.44 Million by 2034.

The United States of America is a significant producer of oil and gas globally. A larger percentage of the country’s production comes from unconventional oil drilling. The combination of horizontal drilling and hydraulic fracturing allows oil producers to unlock previously inaccessible oil and gas resources. According to the U.S. Energy Information Administration (EIA), offshore drilling accounted for around 15% of the country’s oil production in 2021. The presence of major oil and gas companies, such as Chevron, ExxonMobil, BP, Shell, ConocoPhillips, EOG Resources, Marathon Petroleum, Devon Energy, ad Occidental Petroleum, and Valero Energy in North America, aid the North America coiled tubing market development.

According to the North America coiled tubing market analysis, coiled tubing is a cost-effective and time-saving solution for well-intervention operations. Coiled tubing is deployed to achieve several well intervention operations, including cleanout, perforating the wellbore, and retrieving and replacing damaged equipment. Further, advancements in coiled tubing allow for real-time downhole measurements that can be used in wellbore treatments and logging operations. Coiled tubing can also be deployed to perform enhanced oil recovery (EOR) processes, such as hydraulic and acid fracturing as well as sand control and cementing operations. Coiled tubing is also an important tool for controlling fluid flow in horizontal wells.

Market Segmentation

North America Coiled Tubing Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments.

Market Breakup by Service:

Well Intervention _x000D_ _x000D_ Well Cleaning and Pumping Operations _x000D_ Well Completion and Mechanical Operations _x000D_ _x000D_
Well Intervention _x000D_ _x000D_ Well Cleaning and Pumping Operations _x000D_ Well Completion and Mechanical Operations _x000D_ _x000D_
Drilling
Others
Drilling
Others

Market Breakup by Application:

Onshore
Offshore

Market Breakup by Country:

United States of America
Canada

Competitive Landscape

The key players in the coiled tubing market in North America are investing in expanding their footprint to increase their market share.

Baker Hughes Company
Calfrac Well Services Ltd.
Essential Coil Well Service Ltd.
Halliburton Energy Services, Inc.
NOV Inc.
Schlumberger NV
STEP Energy Services Ltd.
ACT American Coil Tubing
Trican Well Service Ltd.
RPC, Inc.
Others

Table of Contents

168 Pages
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Countries
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Coiled Tubing Market Overview
5.1 Key Industry Highlights
5.2 Global Coiled Tubing Historical Market (2018-2024)
5.3 Global Coiled Tubing Market Forecast (2025-2034)
5.4 Global Coiled Tubing Market Share by Region
5.4.1 North America
5.4.2 Europe
5.4.3 Asia Pacific
5.4.4 Latin America
5.4.5 Middle East and Africa
6 North America Coiled Tubing Market Overview
6.1 Key Industry Highlights
6.2 North America Coiled Tubing Historical Market (2018-2024)
6.3 North America Coiled Tubing Market Forecast (2025-2034)
7 North America Coiled Tubing Market by Service
7.1 Well Intervention
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.1.3 Breakup by Type
7.1.3.1 Well Cleaning and Pumping Operations
7.1.3.2 Well Completion and Mechanical Operations
7.2 Drilling
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Others
8 North America Coiled Tubing Market by Application
8.1 Onshore
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Offshore
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
9 North America Coiled Tubing Market by Country
9.1 United States of America
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Canada
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Supplier Selection
11.2 Key Global Players
11.3 Key Regional Players
11.4 Key Player Strategies
11.5 Company Profiles
11.5.1 Baker Hughes Company
11.5.1.1 Company Overview
11.5.1.2 Product Portfolio
11.5.1.3 Demographic Reach and Achievements
11.5.1.4 Certifications
11.5.2 Calfrac Well Services Ltd.
11.5.2.1 Company Overview
11.5.2.2 Product Portfolio
11.5.2.3 Demographic Reach and Achievements
11.5.2.4 Certifications
11.5.3 Essential Coil Well Service Ltd.
11.5.3.1 Company Overview
11.5.3.2 Product Portfolio
11.5.3.3 Demographic Reach and Achievements
11.5.3.4 Certifications
11.5.4 Halliburton Energy Services, Inc.
11.5.4.1 Company Overview
11.5.4.2 Product Portfolio
11.5.4.3 Demographic Reach and Achievements
11.5.4.4 Certifications
11.5.5 NOV Inc.
11.5.5.1 Company Overview
11.5.5.2 Product Portfolio
11.5.5.3 Demographic Reach and Achievements
11.5.5.4 Certifications
11.5.6 Schlumberger NV
11.5.6.1 Company Overview
11.5.6.2 Product Portfolio
11.5.6.3 Demographic Reach and Achievements
11.5.6.4 Certifications
11.5.7 STEP Energy Services Ltd.
11.5.7.1 Company Overview
11.5.7.2 Product Portfolio
11.5.7.3 Demographic Reach and Achievements
11.5.7.4 Certifications
11.5.8 ACT American Coil Tubing
11.5.8.1 Company Overview
11.5.8.2 Product Portfolio
11.5.8.3 Demographic Reach and Achievements
11.5.8.4 Certifications
11.5.9 Trican Well Service Ltd.
11.5.9.1 Company Overview
11.5.9.2 Product Portfolio
11.5.9.3 Demographic Reach and Achievements
11.5.9.4 Certifications
11.5.10 RPC, Inc.
11.5.10.1 Company Overview
11.5.10.2 Product Portfolio
11.5.10.3 Demographic Reach and Achievements
11.5.10.4 Certifications
11.5.11 Others

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us