Report cover image

Coiled Tubing Global Market Insights 2025, Analysis and Forecast to 2030, by Market Participants, Regions, Technology, Product Type

Publisher Prof-Research
Published Feb 08, 2025
Length 100 Pages
SKU # PROF19581429

Description

Coiled Tubing Market Overview

The coiled tubing market has been experiencing significant growth due to increasing demand from the oil and gas sector and advancements in coiled tubing technology. By 2025, the coiled tubing market is projected to reach approximately $4 billion, growing at a CAGR of about 5.5% from 2025 to 2030. This growth can be attributed to the rising need for efficient and cost-effective solutions in drilling and completion activities.

Market Size and Share

The global coiled tubing market size was valued at around $3 billion in 2023. It is expected to experience a notable increase, reflecting a robust demand for coiled tubing services in various applications, including well intervention, drilling, and completion operations.

Trends Analysis Report By Product Type

  • Equipment: The equipment segment is anticipated to dominate the market, comprising over 60% of the total market share by 2025.
  • Services: Coiled tubing services are projected to experience substantial growth, contributing approximately 40% of the market during the forecast period.

Key Players in the Market

Some of the prominent key players in the coiled tubing market include:

  • Schlumberger
  • Baker Hughes
  • Halliburton
  • Weatherford
  • Calfrac Well Services
  • Superior Energy Services
  • Nabors Industries
  • C&J Energy Services
  • National Oilwell Varco
  • Trican Well Service
  • Tenaris
  • Cudd Energy Services
  • COSL

Market Revenue by Process

The coiled tubing market can be segmented by process into:

  • Well Intervention: This segment is expected to hold the largest market share, driven by the increasing need for maintaining and enhancing oil and gas production.
  • Drilling: As onshore and offshore wells become more complex, the demand for coiled tubing drilling is also anticipated to rise.
  • Completion: Completion services are crucial during well production and are expected to contribute significantly to market growth.

Market Revenue by Application

In terms of applications, the coiled tubing market can be segmented into:

  • Oil & Gas: The oil and gas segment is projected to account for the largest share, driven by rising production activities globally.
  • Geothermal: The geothermal segment is also witnessing growth, owing to the increasing focus on renewable energy sources.
  • Others: This includes various applications across industries, contributing marginally to the overall market share.

Market Revenue by End-Use

The coiled tubing market is classified by end-use into:

  • Onshore: The onshore segment is expected to dominate the market due to the higher number of onshore oilfields.
  • Offshore: The offshore segment is projected to grow significantly, driven by the exploration of deepwater reserves.

Market Revenue by Region

The coiled tubing market can be analyzed by various regions, including:

  • North America: The largest market share is anticipated to come from North America, particularly the U.S., due to extensive shale gas exploration.
  • Asia-Pacific: This region is projected to witness the highest growth rate, driven by increasing energy demand and exploration activities in countries like China and India.
  • Europe: The European market is seeing gradual growth with rising investments in oil and gas production.
  • Middle East & Africa: A key region due to substantial oil reserves and ongoing exploration projects.
  • Latin America: Growth is expected due to increasing exploration and production activities, despite potential political challenges.

Market News and Policy Updates

Recent developments in the coiled tubing market include:

  • Technological advancements in coiled tubing equipment are enhancing operational efficiency.
  • Government policies focused on energy independence are leading to increased exploration activities, particularly in North America.
  • Major players are entering into strategic partnerships to enhance service offerings and expand geographical presence.

Segment Forecasts, 2025 - 2030

Looking ahead to 2025-2030, the coiled tubing market is expected to continue its upward trajectory due to:

  • Increased exploration and production activities in the oil and gas sector.
  • Growing demand for advanced coiled tubing technologies and services.
  • Focus on reducing operational costs through efficient solutions in drilling and well intervention.

Conclusion

In conclusion, the coiled tubing market is poised for substantial growth driven by technological advancements and increasing demand from key industries. The focus on efficiency and cost-effectiveness in drilling operations will continue to shape the market landscape through 2025 and beyond. Major players are expected to lead the charge with innovative solutions and services to capture market share effectively.

This HTML content provides a structured review of the coiled tubing market with relevant statistics and analysis to your requests. If you require any modifications or additional information, feel free to ask!

Table of Contents

100 Pages
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter Four Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Coiled Tubing Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Historical and Forecast Coiled Tubing Market in North America (2020-2030)
8.1 Coiled Tubing Market Size
8.2 Coiled Tubing Market by End Use
8.3 Competition by Players/Suppliers
8.4 Coiled Tubing Market Size by Type
8.5 Key Countries Analysis
8.5.1 United States
8.5.2 Canada
8.5.3 Mexico
Chapter 9 Historical and Forecast Coiled Tubing Market in South America (2020-2030)
9.1 Coiled Tubing Market Size
9.2 Coiled Tubing Market by End Use
9.3 Competition by Players/Suppliers
9.4 Coiled Tubing Market Size by Type
9.5 Key Countries Analysis
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Peru
Chapter 10 Historical and Forecast Coiled Tubing Market in Asia & Pacific (2020-2030)
10.1 Coiled Tubing Market Size
10.2 Coiled Tubing Market by End Use
10.3 Competition by Players/Suppliers
10.4 Coiled Tubing Market Size by Type
10.5 Key Countries Analysis
10.5.1 China
10.5.2 India
10.5.3 Japan
10.5.4 South Korea
10.5.5 Southest Asia
10.5.6 Australia
Chapter 11 Historical and Forecast Coiled Tubing Market in Europe (2020-2030)
11.1 Coiled Tubing Market Size
11.2 Coiled Tubing Market by End Use
11.3 Competition by Players/Suppliers
11.4 Coiled Tubing Market Size by Type
11.5 Key Countries Analysis
11.5.1 Germany
11.5.2 France
11.5.3 United Kingdom
11.5.4 Italy
11.5.5 Spain
11.5.6 Belgium
11.5.7 Netherlands
11.5.8 Austria
11.5.9 Poland
11.5.10 Russia
Chapter 12 Historical and Forecast Coiled Tubing Market in MEA (2020-2030)
12.1 Coiled Tubing Market Size
12.2 Coiled Tubing Market by End Use
12.3 Competition by Players/Suppliers
12.4 Coiled Tubing Market Size by Type
12.5 Key Countries Analysis
12.5.1 Egypt
12.5.2 Israel
12.5.3 South Africa
12.5.4 Gulf Cooperation Council Countries
12.5.5 Turkey
Chapter 13 Summary For Global Coiled Tubing Market (2020-2025)
13.1 Coiled Tubing Market Size
13.2 Coiled Tubing Market by End Use
13.3 Competition by Players/Suppliers
13.4 Coiled Tubing Market Size by Type
Chapter 14 Global Coiled Tubing Market Forecast (2025-2030)
14.1 Coiled Tubing Market Size Forecast
14.2 Coiled Tubing Application Forecast
14.3 Competition by Players/Suppliers
14.4 Coiled Tubing Type Forecast
Chapter 15 Analysis of Global Key Vendors
15.1 Schlumberger
15.1.1 Company Profile
15.1.2 Main Business and Coiled Tubing Information
15.1.3 SWOT Analysis of Schlumberger
15.1.4 Schlumberger Coiled Tubing Revenue, Gross Margin and Market Share (2020-2025)
15.2 Baker Hughes
15.2.1 Company Profile
15.2.2 Main Business and Coiled Tubing Information
15.2.3 SWOT Analysis of Baker Hughes
15.2.4 Baker Hughes Coiled Tubing Revenue, Gross Margin and Market Share (2020-2025)
15.3 Halliburton
15.3.1 Company Profile
15.3.2 Main Business and Coiled Tubing Information
15.3.3 SWOT Analysis of Halliburton
15.3.4 Halliburton Coiled Tubing Revenue, Gross Margin and Market Share (2020-2025)
15.4 Weatherford
15.4.1 Company Profile
15.4.2 Main Business and Coiled Tubing Information
15.4.3 SWOT Analysis of Weatherford
15.4.4 Weatherford Coiled Tubing Revenue, Gross Margin and Market Share (2020-2025)
15.5 Calfrac Well Services
15.5.1 Company Profile
15.5.2 Main Business and Coiled Tubing Information
15.5.3 SWOT Analysis of Calfrac Well Services
15.5.4 Calfrac Well Services Coiled Tubing Revenue, Gross Margin and Market Share (2020-2025)
15.6 Superior Energy Services
15.6.1 Company Profile
15.6.2 Main Business and Coiled Tubing Information
15.6.3 SWOT Analysis of Superior Energy Services
15.6.4 Superior Energy Services Coiled Tubing Revenue, Gross Margin and Market Share (2020-2025)
15.7 Nabors
15.7.1 Company Profile
15.7.2 Main Business and Coiled Tubing Information
15.7.3 SWOT Analysis of Nabors
15.7.4 Nabors Coiled Tubing Revenue, Gross Margin and Market Share (2020-2025)
15.8 C&J Energy Services
15.8.1 Company Profile
15.8.2 Main Business and Coiled Tubing Information
15.8.3 SWOT Analysis of C&J Energy Services
15.8.4 C&J Energy Services Coiled Tubing Revenue, Gross Margin and Market Share (2020-2025)
15.9 National Oilwell Varco
15.9.1 Company Profile
15.9.2 Main Business and Coiled Tubing Information
15.9.3 SWOT Analysis of National Oilwell Varco
15.9.4 National Oilwell Varco Coiled Tubing Revenue, Gross Margin and Market Share (2020-2025)
15.10 Trican Well Service
15.10.1 Company Profile
15.10.2 Main Business and Coiled Tubing Information
15.10.3 SWOT Analysis of Trican Well Service
15.10.4 Trican Well Service Coiled Tubing Revenue, Gross Margin and Market Share (2020-2025)
Please ask for sample pages for full companies list
 
Tables and Figures
Table Abbreviation and Acronyms
Table Research Scope of Coiled Tubing Report
Table Data Sources of Coiled Tubing Report
Table Major Assumptions of Coiled Tubing Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Coiled Tubing Picture
Table Coiled Tubing Classification
Table Coiled Tubing Applications
Table Drivers of Coiled Tubing Market
Table Restraints of Coiled Tubing Market
Table Opportunities of Coiled Tubing Market
Table Threats of Coiled Tubing Market
Table Covid-19 Impact For Coiled Tubing Market
Table Raw Materials Suppliers
Table Different Production Methods of Coiled Tubing
Table Cost Structure Analysis of Coiled Tubing
Table Key End Users
Table Latest News of Coiled Tubing Market
Table Merger and Acquisition
Table Planned/Future Project of Coiled Tubing Market
Table Policy of Coiled Tubing Market
Table 2020-2030 North America Coiled Tubing Market Size
Figure 2020-2030 North America Coiled Tubing Market Size and CAGR
Table 2020-2030 North America Coiled Tubing Market Size by Application
Table 2020-2025 North America Coiled Tubing Key Players Revenue
Table 2020-2025 North America Coiled Tubing Key Players Market Share
Table 2020-2030 North America Coiled Tubing Market Size by Type
Table 2020-2030 United States Coiled Tubing Market Size
Table 2020-2030 Canada Coiled Tubing Market Size
Table 2020-2030 Mexico Coiled Tubing Market Size
Table 2020-2030 South America Coiled Tubing Market Size
Figure 2020-2030 South America Coiled Tubing Market Size and CAGR
Table 2020-2030 South America Coiled Tubing Market Size by Application
Table 2020-2025 South America Coiled Tubing Key Players Revenue
Table 2020-2025 South America Coiled Tubing Key Players Market Share
Table 2020-2030 South America Coiled Tubing Market Size by Type
Table 2020-2030 Brazil Coiled Tubing Market Size
Table 2020-2030 Argentina Coiled Tubing Market Size
Table 2020-2030 Chile Coiled Tubing Market Size
Table 2020-2030 Peru Coiled Tubing Market Size
Table 2020-2030 Asia & Pacific Coiled Tubing Market Size
Figure 2020-2030 Asia & Pacific Coiled Tubing Market Size and CAGR
Table 2020-2030 Asia & Pacific Coiled Tubing Market Size by Application
Table 2020-2025 Asia & Pacific Coiled Tubing Key Players Revenue
Table 2020-2025 Asia & Pacific Coiled Tubing Key Players Market Share
Table 2020-2030 Asia & Pacific Coiled Tubing Market Size by Type
Table 2020-2030 China Coiled Tubing Market Size
Table 2020-2030 India Coiled Tubing Market Size
Table 2020-2030 Japan Coiled Tubing Market Size
Table 2020-2030 South Korea Coiled Tubing Market Size
Table 2020-2030 Southeast Asia Coiled Tubing Market Size
Table 2020-2030 Australia Coiled Tubing Market Size
Table 2020-2030 Europe Coiled Tubing Market Size
Figure 2020-2030 Europe Coiled Tubing Market Size and CAGR
Table 2020-2030 Europe Coiled Tubing Market Size by Application
Table 2020-2025 Europe Coiled Tubing Key Players Revenue
Table 2020-2025 Europe Coiled Tubing Key Players Market Share
Table 2020-2030 Europe Coiled Tubing Market Size by Type
Table 2020-2030 Germany Coiled Tubing Market Size
Table 2020-2030 France Coiled Tubing Market Size
Table 2020-2030 United Kingdom Coiled Tubing Market Size
Table 2020-2030 Italy Coiled Tubing Market Size
Table 2020-2030 Spain Coiled Tubing Market Size
Table 2020-2030 Belgium Coiled Tubing Market Size
Table 2020-2030 Netherlands Coiled Tubing Market Size
Table 2020-2030 Austria Coiled Tubing Market Size
Table 2020-2030 Poland Coiled Tubing Market Size
Table 2020-2030 Russia Coiled Tubing Market Size
Table 2020-2030 MEA Coiled Tubing Market Size
Figure 2020-2030 MEA Coiled Tubing Market Size and CAGR
Table 2020-2030 MEA Coiled Tubing Market Size by Application
Table 2020-2025 MEA Coiled Tubing Key Players Revenue
Table 2020-2025 MEA Coiled Tubing Key Players Market Share
Table 2020-2030 MEA Coiled Tubing Market Size by Type
Table 2020-2030 Egypt Coiled Tubing Market Size
Table 2020-2030 Israel Coiled Tubing Market Size
Table 2020-2030 South Africa Coiled Tubing Market Size
Table 2020-2030 Gulf Cooperation Council Countries Coiled Tubing Market Size
Table 2020-2030 Turkey Coiled Tubing Market Size
Table 2020-2025 Global Coiled Tubing Market Size by Region
Table 2020-2025 Global Coiled Tubing Market Size Share by Region
Table 2020-2025 Global Coiled Tubing Market Size by Application
Table 2020-2025 Global Coiled Tubing Market Share by Application
Table 2020-2025 Global Coiled Tubing Key Vendors Revenue
Figure 2020-2025 Global Coiled Tubing Market Size and Growth Rate
Table 2020-2025 Global Coiled Tubing Key Vendors Market Share
Table 2020-2025 Global Coiled Tubing Market Size by Type
Table 2020-2025 Global Coiled Tubing Market Share by Type
Table 2025-2030 Global Coiled Tubing Market Size by Region
Table 2025-2030 Global Coiled Tubing Market Size Share by Region
Table 2025-2030 Global Coiled Tubing Market Size by Application
Table 2025-2030 Global Coiled Tubing Market Share by Application
Table 2025-2030 Global Coiled Tubing Key Vendors Revenue
Figure 2025-2030 Global Coiled Tubing Market Size and Growth Rate
Table 2025-2030 Global Coiled Tubing Key Vendors Market Share
Table 2025-2030 Global Coiled Tubing Market Size by Type
Table 2025-2030 Coiled Tubing Global Market Share by Type

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