Well Intervention Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Well Intervention Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

The global well intervention market grew at a CAGR of around 5% during 2014-2019. Well intervention refers to a remedial operation performed on an oil or gas well to alter its state or geometry in order to increase or restore its production. It is generally performed via two methods, including light or heavy intervention. In a light intervention, technicians’ lower tools or sensors into a live well to minimize potential well blockages. On the other hand, in a heavy intervention, the rig crew stops production at the formation before making significant equipment changes and removes the wellhead and other pressure barriers from the well to allow full access to the wellbore.

At present, the market is experiencing growth on account of the rising number of mature oil and gas fields, along with the escalating demand for refined petroleum products due to rapid urbanization and industrialization, especially in emerging economies. Apart from this, governments of various countries are implementing taxation schemes to focus on the development of oil and gas reserves, which is also strengthening the growth of the market. Furthermore, increasing investments in technological advancements to improve exploration and production activities is propelling the market growth. However, the sudden outbreak of the coronavirus disease (COVID-19) has negatively impacted the oil and gas industry across the globe. Consequently, several leading companies had to temporarily shut down their services due to the implementation of lockdowns in various countries to prevent the spread of the pandemic. The market is anticipated to experience growth once lockdown restrictions are uplifted in these economies. Looking forward, IMARC Group expects the global well intervention market to exhibit moderate growth during the next five years.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global well intervention market report, along with forecasts for growth at the global, regional and country-level from 2020-2025. Our report has categorized the market based on region, service type, well type and application.

Breakup by Service Type:

Logging and Bottomhole Survey
Tubing/Packer Failure Repair
Stimulation
Sand Control
Zonal Isolation
Artificial Lift
Fishing
Others

Breakup by Well Type:

Vertical Well
Horizontal Well

Breakup by Application:

Onshore Applications
Offshore Applications

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 Aker Solutions, Archer Limited, Baker Hughes Company (General Electric ), China Oilfield Services Ltd. (China National Offshore Oil Corporation), Expro Group, Halliburton Company, Schlumberger Limited, Scientific Drilling International Inc., Superior Energy Services Inc., Vallourec and Weatherford International Plc.

Key Questions Answered in This Report:
How has the global well intervention market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global well intervention market?
What are the key regional markets?
What is the breakup of the market based on the service type?
What is the breakup of the market based on the well 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 well intervention market and who are the key players?
What is the degree of competition in the industry?


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
4.1 Key Industry Trends
5 Global Well Intervention Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Service Type
6.1 Logging and Bottomhole Survey
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Tubing/Packer Failure Repair
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Stimulation
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Sand Control
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Zonal Isolation
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Artificial Lift
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Fishing
6.7.1 Market Trends
6.7.2 Market Forecast
6.8 Others
6.8.1 Market Trends
6.8.2 Market Forecast
7 Market Breakup by Well Type
7.1 Vertical Well
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Horizontal Well
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Onshore Applications
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Offshore Applications
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Aker Solutions
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Archer Limited
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.3 Baker Hughes Company (General Electric )
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 China Oilfield Services Ltd. (China National Offshore Oil Corporation)
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.5 Expro Group
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Halliburton Company
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Schlumberger Limited
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Scientific Drilling International Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Superior Energy Services Inc.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.10 Vallourec
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.11 Weatherford International Plc
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis

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