Jul 4, 2019   SOURCE: BusinessWire

The Rising Focus on Oil and Gas with the Implementation of Digital Technology is Providing an Abundance of Market Growth Opportunities, 2018-2026 - ResearchAndMarkets.com

The "Global Hydraulic Workover Unit Market Analysis 2019" report has been added to ResearchAndMarkets.com's offering.

The Global Hydraulic Workover Unit market is expected to reach $15.68 billion by 2026 growing at a CAGR of 4.9% during 2018 to 2026. Hydraulic work over unit is a methods portable pulling systems. Is a cost saving and safe tool used for drilling and repairing, well intervention on gas wells and is used as an alternative to work over rigs & conventional drilling. Factors such as increasing in the levels of oil and gas requirement and growing shale gas production activities are driving the market growth. Though, stringent environmental laws and increasing focus on renewable energy is projected to inhibit the growth of the market. Moreover, rising focus on oil & gas with the implementation of digital technologies provide ample opportunities for the market growth.

By type, workover segment acquired significant growth in the market. The services carried out by this segment are plug, sand screen installations, fishing/clean-outs, casing repairs, and many more.

Key Questions Answered in this Report:

  • How this market evolved since the year 2016
  • Market size estimations, forecasts and CAGR for all the segments presented in the scope
  • Key Market Developments and financials of the key players
  • Opportunity Analysis for the new entrants
  • SWOT Analysis of the key players
  • Fastest growing markets analysed during the forecast period

     

Key Topics Covered:

1 Market Synopsis

2 Research Outline

2.1 Research Snapshot

2.2 Research Methodology

2.3 Research Sources

2.3.1 Primary Research Sources

2.3.2 Secondary Research Sources

3 Market Dynamics

3.1 Drivers

3.2 Restraints

4 Market Environment

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Hydraulic Workover Unit Market, By Installation

5.1 Introduction

5.2 Trailer Mount

5.3 Skid Mount

6 Global Hydraulic Workover Unit Market, By Capacity

6.1 Introduction

6.2 50-150 Tonnes

6.3 Above 150 Tonnes

6.4 Up to 50 Tonnes

7 Global Hydraulic Workover Unit Market, By Product Type

7.1 Introduction

7.2 Snubbing

7.3 Workover

8 Global Hydraulic Workover Unit Market, By Application

8.1 Introduction

8.2 Offshore

8.3 Onshore

9 Global Hydraulic Workover Unit Market, By Geography

9.1 Introduction

9.2 North America

9.3 Europe

9.4 Asia Pacific

9.5 South America

9.6 Middle East & Africa

10 Strategic Benchmarking

11 Vendors Landscape

11.1 CUDD Energy Services

11.2 Archer

11.3 Halliburton

11.4 Key Energy Services

11.5 Basic Energy Services

11.6 ZYT Petroleum Equipment

11.7 National Oilwell Varco

11.8 Easternwell

11.9 UZMA

11.10 Superior Energy Services

11.11 Velesto Energy

11.12 Precision Drilling

11.13 High Arctic Energy Services

11.14 Nabors Industries

11.15 Elnusa

11.16 CEEM FZE

For more information about this report visit https://www.researchandmarkets.com/r/w9vqnv