Oct 24, 2019   SOURCE: BusinessWire

Outlook on the World Market for Well Intervention, 2019-2025 - Logging & Bottomhole Survey Will Bring in Healthy Gains of $4+ Billion by 2025 - ResearchAndMarkets.com

The "Well Intervention - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

The Well Intervention market worldwide is projected to grow by US$3.8 Billion, driven by a compounded growth of 5.5%.

Logging & Bottomhole Survey, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$4 Billion by the year 2025, Logging & Bottomhole Survey will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 6.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$185.7 Million to the region's size and clout in the next 5 to 6 years. Over US$173.8 Million worth of projected demand in the region will come from the rest of the European markets.

In Japan, Logging & Bottomhole Survey will reach a market size of US$373.3 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 5.2% over the next couple of years and add approximately US$627.9 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.

All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

  • Baker Hughes, a GE company
  • GE Oil & Gas Digital Solutions
  • Halliburton
  • Key Energy Services LLC
  • Lupatech S.A.
  • Schlumberger Ltd.
  • Superior Energy Services
  • TechnipFMC PLC
  • Trican Well Services Ltd.
  • Weatherford International Ltd.

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