global-wireline-services-market Global Wireline Services Market

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Global Wireline Services Market

  • Published Date: 07 Apr 2018
  • Number of Pages: 228
  • Category: Energy and Utilities
  • Country: Global
Wireline is an electric cable used to lower into the well and transmit data about the conditions of the wellbore called wireline logs. Wirelines consist ofbraided cables which are used to perform wireline loggings, to evaluate reservoir, pressure formation, well intervention, pipe recovery and fluid identification. Braided lines contain insulated wires to supply power to the equipment located at the end of the cable (Electric Line). Wirelines systems contain cable head, measuring head and tractors. It provides pathway for electrical telemetry for communication between the surface and the equipment at the end of the cable. They are used in gathering data about the workover jobs that require data transmittal. The tools in use are- nuclear tools, magnetic resonance tools, natural gamma ray tools, cased hold electric line tools, sonic and ultra-sonic tools, resistivity tools and borehole seismic tools.

The global wireline services market has grown due to the continuous activity in oil and gas exploration. Wirelines are required for the complete life cycle of oil wells, for activities like stimulation, drilling, intervention, completion and exploration. In 2016, global wirelines market was estimated to be US $XX Bn and it is expected to reach US $XX Bn at a CAGR of XX% by 2022.

Market Dynamics

There is a need to enhance the rate of recovery of hydrocarbon resources and research activities for the unconventional resources due to depletion of the oil reservoirs owing to rising demand globally.Increase in demand and usage for mobile devices may drive the global wireline services market. In addition, growing importance of wireless services and increasing consumer awareness will foster the global market growth. With the rise in the oil and gas exploration activity, cabling need will influence the global wireline services market to improve operational efficiency in terms of time and cost. Rising energy demand from the population is another factor impacting the market.

Market Segmentation

Based on Application:
--> Portable media devices
--> Smart phones
--> Tablets (Expected to grow at a moderate rate)
--> Others

Based on Products:
--> Phone charging cases
--> Portable power banks (A dominant product and accommodates the highest revenue)
--> Solar power banks

Based on Battery Type
--> Lithium Polymer
--> Lithium- ion (contributes for largest market share)

Based on Types
--> Well completion
--> Well intervention
--> Well loggings

Based on Technology
--> Slickline and Electric line
--> Slick line
--> Non Electric cable

Based on sector
--> On shore
--> Off Shore

Based on Well Type
--> Open hole
--> Case hole

Regional/ Geographic analysis

Following the Shale technology, the oil reach countries like Russia, India and China have gone for ultra deep oil and gas exploration. Onshore segment is expected to show a stable rise with North American and European regions, leading the market due to the large number of oil wells and routine oil exploration activity in the Gulf region. The usage of hydraulic fracturing and horizontal drilling techniques has increased. By 2030, India will be the major oil driver with a CAGR of 4% as against 1% CAGR of the world. The use of Wireline services will increase with the increased oil exploration activity.

Opportunities

--> Synchronizing with growing investment in energy and power sector
--> Possibilities of Shale gas production in the Asia- Pacific countries
--> Developing countries like India and Brazil will enhance the wireline market demand
--> Availability of cheap labor in countries like China and India
--> Technological advancements in the machinery and processes
--> Growth in research and development
--> Ample oil and gas resources will attract global players who will need wirelines service system in place.

Key Players

--> Expro International Group Holdings Ltd.
--> Superior Energy Services, Inc
--> Weatherford International, Inc
--> Baker Hughes
--> Nabors Industry Services Ltd.
--> Schlumberger
--> Caseline Solutions

The report contains comprehensive analysis on:

--> Global wireline services market segments
--> Global wireline services market Drivers, Restraints and Opportunities
--> Global wireline services market Size & Forecast 2016 to 2022
--> Supply & Demand Value Chain
--> Global wireline services market - Current Trends
--> Competition & Major Companies
--> Technology and R&D Status
--> Porters Five Force Analysis
--> Strategic and Critical Success Factor Analysis of Key Players

Regional analysis for Global wireline services market includes

--> North America
>> US and Canada
--> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
--> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe
--> Eastern Europe
>> Russia
>> Poland
>> Rest of Eastern Europe
--> Asia Pacific
>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific
--> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides in-depth market segmentation that is derived from extensive product mapping exercises, macro-economic factors and other qualitative and quantitative insights. The impact of all such factors are delivered across multiple market segments and geographies.

Report Highlights::

--> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

--> Consumer and Pricing Analysis

--> Market dynamics of the industry

--> In-depth Market Segmentation

--> Historical and Projected Market Sizing in terms of volume and value

--> Recent market trends and Impact Factors

--> R&D Status and Technology Overview

--> Extensive Industry Structure Coverage
Publisher Name : Market Litmus

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