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Europe Coiled Tubing Market Share

  • Report ID: GMI5046
  • Published Date: Apr 2021
  • Report Format: PDF

Europe Coiled Tubing Market Share

The important market players are focusing on innovative improvements to meet the competitive edge in the Europe coiled tubing industry. Rising R&D activities along with strategic acquisitions are among the key strategies tracked by the leading participants to gain a substantial market position. In addition, product modification along with the expansion of extensive supply network are few of the other major strategies followed by the key manufacturers to enhance their existing market share.
 

The leading players profiled in the Europe coiled tubing market report include

  • Schlumberger Limited
  • Weatherford International
  • National Oilwell Varco Inc
  • Royal IHC
  • GOES GmbH
  • Hunting PLC
  • Tenaris
  • Calfrac Well Services Ltd. 
Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

Europe coiled tubing industry value exceeded USD 450 million in 2020 and will grow at a CAGR of 7.9% between 2021 and 2027.

Well intervention services will record a CAGR of 8% through 2027 on account of ability to provide real-time information on the basis of electrical conduits and electrical fibers.

Offshore applications will register 53% of the regional industry value by 2027 owing to substantial cost savings in comparison to conventional workover rig.

The coiled tubing industry will grow across Russia due to rising penetration of offshore E&P projects and the increasing demand for space heating applications.

Europe Coiled Tubing Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 14
  • Tables & Figures: 518
  • Countries covered: 7
  • Pages: 310
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