Hyderabad, India, March 13, 2017 (GLOBE NEWSWIRE) -- The report “Wireline Services Market: By Type (Electric Line & Stick Line); By Application (Wireline Logging, Wireline Intervention, Wireline Completion)); By Sector (On Shore & Off Shore); By Well Type (Open Hole & Cased Hole) & Geography - Forecast (2016-2021)”, published by IndustryARC, estimates Asia-Pacific region is forecast to have highest growth in the next few years.
Browse 49 Market Tables, 82 Figures spread through 158 Pages and an in-depth TOC on “Wireline Services Market”
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Wireline services is a cabling technology especially used by the Oil & Gas wells operators used to insert equipment or measurement devices inside the well for conducting well intervention, logging, completion, and reservoir evaluation. The measurement tools and equipment inserted into the well provide real-time data from the wells which helps field engineers to control the process parameters.
The prospects for wireline services in the O&G industry are remarkable due to the increasing production activities in the industry. Wireline services continue to rise in the oilfield due to the increasing cabling needs of the oil and gas companies. The wireline services help the companies in keeping the oil and gas production operations economical in terms of time and cost which acts as a major driver for global wireline services market.
The overall wireline services market has been segmented based on type, application, sector and by well type. Based on type, the market is segmented into electric line and stick line wireline. Based on application, the market is segmented into wireline logging, intervention, completion and recovery. By sector, the market is segmented into on-shore and off-shore; by well type, the market is classified into open hole and cased hole.
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Scope & Regional Forecast of the Wireline Services Market:
Based on type, electric line wireline services is expected to grow with at a highest rate till 2021. Based on application, wireline intervention and logging are the major growth contributors. Growing off-shore O&G rigs is estimated to spur the growth of this market.
America is currently the largest market for wireline services globally, followed by Middle East and Africa. Americas market is estimated rapid growth throughout the forecast period followed by Middle East and Africa. Asia-Pacific region is forecast to have highest growth in the next few years due to growing adoption of wireline services in O&G applications.
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Segmentations Involved in the Wireline Services Market:
The Wireline Services Market can be broken down into various segmentations on the basis of -
- Type: Electric Line, Stick Line, Others.
- Application: Wireline Logging, Wireline Intervention, Wireline Completion, Recovery, Others.
- Sector: On Shore, Off Shore.
- Well Type: Open Hole, Cased Hole.
- Geography: Americas, Europe, Asia-Pacific and Rest of the World (RoW).
Some of the sample companies profiled in the Wireline Services Market are as follows:
- Artex Group LLC
- Algar Oil Services
- Archer Limited
- Atec Inc.
- Baker Hughes Incorporated
- Basic Energy Services
- BenchMark Wireline Products
- Bulldog Wireline Inc
- C&J Energy Services Incorporated
- Calmena Energy Services
- Casedhole Solutions
- Century Wireline Services
- Cogco Wireline Services
- CRANFIELD ENERGY
- Crocker Energy Services
- Delve International
- Eclipse Wireline,LLC
- Expro International Group Holdings Ltd.
- Halliburton Company
Why buy this report?
- The overall market has been consolidated from the perspective of different geographic locations and key economies for Wireline Services Market.
- Identifies growth sectors and factors driving or constraining the market.
- The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.
- The study includes the demand of this particular market on a global and regional scale for a six year period of 2016 - 2021, to assess how the market will develop.
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