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Global Wireline Services Market: By Wireline Type: Electric Line, Slick Line; By Service Type: Intervention, Logging, Completion; By Hole Type: Open Hole, Cased Hole; By Location of Deployment: Onshore, Offshore; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Wireline Services Market Outlook

The global wireline services market attained USD 10.2 billion in 2020. The global wireline services market is expected to grow at a CAGR of 3% in the forecast period of 2021-2026 to attain USD 12.5 billion by 2026.

 

Global Wireline Services Market

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North America Supports the Global Market for Wireline Services by Extensive Oil Exploration Activities

Due to increasing exploration, drilling activities and recovery of oil prices after price shock of 2014, the global wireline services are expected to grow rapidly during the forecast period. North America holds the major share of the global market as activities for shale oil, oil sands, and carbonate rocks are rising. Further, increasing rock and oil exploration activities undertaken by companies in this region shall continue the market trend. The Asia Pacific and African regions are expected to become significant players in the market in the forecast period. Major key locations which were hitherto untapped are being drilled by players of these markets, such as in the Gulf of Thailand and Egypt.

 

Wireline Services: Industry Definition and Segmentation

The wireline services are essentially cabling technology used by oilfield developers to reduce their equipment count inside the well. Wireline services are mainly used for the completion, intervention, evaluation of reservoirs and pipe recovery. Wireline services are crucial in the oilfield operations and are cost-effective methods of maintenance of the wellbores. Furthermore, wireline services also help in gauging various aspects of rock formation and many gather crucial data for effective well boring activities.

 

Global Wireline Services Market By Service Type

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Based on type, the market is segmented into:

  • Electric Line
  • Slick Line

In terms of service type, the market is segmented into:

  • Intervention
  • Logging
  • Completion

The market is divided on the basis of hole type into:

  • Open Hole
  • Cased Hole

By location of deployment, the market is bifurcated as:

  • Onshore
  • Offshore

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Wireline Services Market By Region

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Continuous Discoveries of New Oilfields is Driving the Market of Wireline Services

The oil industry went through a sharp downturn after the 2014 oil price-shock. Since then, the market has come a long way and has stabilized significantly due to a healthy demand-supply curve obtained in the subsequent years. Continuous discoveries of new oilfields and increased exploration activities has been the major driver for the industry of wireline services. The electric line segment accounted for the largest market share in terms of type and is expected to grow rapidly during the forecast period. This can be attributed largely to the wide application of electric line for well logging purposes which are helpful for reservoir understanding. The offshore segment is expected to grow at the fastest rate in terms of location of deployment during the forecast period, owing to use of wireline services for well service and completion applications. Discovery and exploitation of newer offshore sites in the Asia Pacific and African regions is expected to drive the market in the forecast period.

 

Key Industry Players in the Global Wireline Services Market

The report gives a detailed analysis of the following key players in the global wireline services market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Baker Hughes Company
  • Weatherford International plc
  • Schlumberger Limited
  • Archer Ltd
  • Expro Group
  • Pioneer Energy Services Corp.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Wireline Type, Service Type, Hole Type, Location of Deployment, Region
Breakup by Wireline Type Electric Line, Slick Line
Breakup by Service Type Intervention, Logging, Completion
Breakup by Hole Type Open Hole, Cased Hole
Breakup by Location of Deployment Onshore, Offshore
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Baker Hughes Company, Weatherford International plc, Schlumberger Limited, Archer Ltd, Expro Group, Pioneer Energy Services Corp., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Wireline Services Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Wireline Services Historical Market (2016-2020) 
    8.3    Global Wireline Services Market Forecast (2021-2026)
    8.4    Global Wireline Services Market by Wireline Type
        8.4.1    Electric Line
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Slick Line
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Wireline Services Market by Service Type
        8.5.1    Intervention
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Logging
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Completion
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
    8.6    Global Wireline Services Market by Hole Type
        8.6.1    Open Hole
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Cased Hole
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
    8.7    Global Wireline Services Market by Location of Deployment
        8.7.1    Onshore
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Offshore
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
    8.8    Global Wireline Services Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
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    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    Baker Hughes Company
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    Weatherford International plc
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    Schlumberger Limited
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    Archer Ltd
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Expro Group
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    Pioneer Energy Services Corp.
            11.2.6.1    Company Overview
            11.2.6.2    Product Portfolio
            11.2.6.3    Demographic Reach and Achievements
            11.2.6.4    Certifications
        11.2.7    Others
12    Industry Events and Developments


List of Figures and Tables

1.    Global Wireline Services Market: Key Industry Highlights, 2016 and 2026
2.    Global Wireline Services Historical Market: Breakup by Wireline Type (USD Billion), 2016-2020
3.    Global Wireline Services Market Forecast: Breakup by Wireline Type (USD Billion), 2021-2026
4.    Global Wireline Services Historical Market: Breakup by Service Type (USD Billion), 2016-2020
5.    Global Wireline Services Market Forecast: Breakup by Service Type (USD Billion), 2021-2026
6.    Global Wireline Services Historical Market: Breakup by Hole Type (USD Billion), 2016-2020
7.    Global Wireline Services Market Forecast: Breakup by Hole Type (USD Billion), 2021-2026
8.    Global Wireline Services Historical Market: Breakup by Location of Deployment (USD Billion), 2016-2020
9.    Global Wireline Services Market Forecast: Breakup by Location of Deployment (USD Billion), 2021-2026
10.    Global Wireline Services Historical Market: Breakup by Region (USD Billion), 2016-2020
11.    Global Wireline Services Market Forecast: Breakup by Region (USD Billion), 2021-2026
12.    North America Wireline Services Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    North America Wireline Services Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Europe Wireline Services Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Europe Wireline Services Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Asia Pacific Wireline Services Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Asia Pacific Wireline Services Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Latin America Wireline Services Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Latin America Wireline Services Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Middle East and Africa Wireline Services Historical Market: Breakup by Country (USD Billion), 2016-2020
21.    Middle East and Africa Wireline Services Market Forecast: Breakup by Country (USD Billion), 2021-2026
22.    Global Wireline Services Market Structure

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