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Global Hydraulic Workover Unit Market by Service (Workover & Snubbing), Installation (Skid Mounted & Trailer Mounted), Capacity (0–50 Tones, 51–150 Tones, and Above 150 Tones), Application (Onshore, Offshore)Regional Forecasts 2021-2027

  • BIZ4509274
  • 200 Pages
  • June 2021
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Global Hydraulic Workover Units Market is valued approximately at USD 8.1 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.3% over the forecast period 2021-2027. Hydraulic workover units are movable pulling devices that are cost-effective and offer a variety of advantages for onshore and offshore projects. The hydraulic workover unit is a flexible, cost-effective, and safe instrument for drilling, repairing, and finishing wells along the shore. It is used as a replacement for workover rigs and traditional drilling. During well intervention on gas wells, a hydraulic workover device is especially beneficial. The equipment boosts lifting capability during well intervention operations that would otherwise be impossible with a wire line or coiled tubing unit. Hydraulic workover units’ market is driven by rising primary energy consumption from APAC, Growing shale oil & gas production activities and Growing shale oil & gas production activities. For instance, Shale gas production in the United States accounted for more than half of all natural gas output in 2019. Outside of North America, China was one of the first countries to explore shale resources. It has drilled more than 600 shale gas wells and is expected to account for more than 40% of China's total natural gas output by 2040, making it the world's second-largest shale gas producer after the United States. However, Increasing focus on renewable energy, may impede market growth over the forecast period of 2021-2027.

Geographically, The global hydraulic workover units market is segmented into Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa, according to region. North America is dominating the market in the worldwide hydraulic workover units market. The market for hydraulic workover units in North America is being boosted by an increase in shale gas production in this region. The market for hydraulic workover units in Asia Pacific is anticipated to witness significant growth over the forecast period, owing to rising energy consumption in growing economies such as China and India.

Major market player included in this report are:

Superior Energy Services

Basic Energy Services

Cudd Energy Services

Precision Drilling

Velesto Energy

Easternwell

Cased Hole Well Services

Tecon Oil Services

ZYT Petroleum Equipment

The Wellgear Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Installation:

Skid Mounted

Trailer Mounted

By Service:

Workover

Snubbing

By Capacity:

0-50 tones

51-150 tones

Above 150 tones

By Application:

Onshore

Offshore

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027.

Target Audience of the Global Hydraulic Workover Units Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Hydraulic workover Unit Market , by Region, 2019-2027 (USD Billion)

1.2.2. Hydraulic workover Unit Market, by Installation, 2019-2027 (USD Billion)

1.2.3. Hydraulic workover Unit Market, by Service, 2019-2027 (USD Billion)

1.2.4. Hydraulic workover Unit Market, by Capacity, 2019-2027 (USD Billion)

1.2.5. Hydraulic workover Unit Market , by Application, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Hydraulic workover Unit Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Hydraulic workover Unit Market Dynamics

3.1. Hydraulic workover Unit Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Rising primary energy consumption from APAC

3.1.1.2. Growing shale oil & gas production activities

3.1.2. Market Restraint

3.1.2.1. Increasing focus on renewable energy

3.1.3. Market Opportunities

3.1.3.1. Onset of exploration and drilling activities in Arctic region

Chapter 4. Global Hydraulic workover Unit Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Hydraulic workover Unit Market , by Installation

5.1. Market Snapshot

5.2. Global Hydraulic workover Unit Market by Installation, Performance - Potential Analysis

5.3. Global Hydraulic workover Unit Market Estimates & Forecasts by Installation 2018-2027 (USD Billion)

5.4. Hydraulic workover Unit Market , Sub Segment Analysis

5.4.1. Skid Mounted

5.4.2. Trailer Mounted

Chapter 6. Global Hydraulic workover Unit Market , by Service

6.1. Market Snapshot

6.2. Global Hydraulic workover Unit Market by service, Performance - Potential Analysis

6.3. Global Hydraulic workover Unit Market Estimates & Forecasts by Service 2018-2027 (USD Billion)

6.4. Hydraulic workover Unit Market , Sub Segment Analysis

6.4.1. Workover

6.4.2. Snubbing

Chapter 7. Global Hydraulic workover Unit Market , by Capacity

7.1. Market Snapshot

7.2. Global Hydraulic workover Unit Market by Capacity, Performance - Potential Analysis

7.3. Global Hydraulic workover Unit Market Estimates & Forecasts by Capacity 2018-2027 (USD Billion)

7.4. Hydraulic workover Unit Market , Sub Segment Analysis

7.4.1. 0-50 tonnes

7.4.2. 51-150 tonnes

7.4.3. Above 150 tonnes

Chapter 8. Global Hydraulic workover Unit Market , by Application

8.1. Market Snapshot

8.2. Global Hydraulic workover Unit Market by Application, Performance - Potential Analysis

8.3. Global Hydraulic workover Unit Market Estimates & Forecasts by Application 2018-2027 (USD Billion)

8.4. Hydraulic workover Unit Market , Sub Segment Analysis

8.4.1. Onshore

8.4.2. Offshore

Chapter 9. Global Hydraulic workover Unit Market , Regional Analysis

9.1. Hydraulic workover Unit Market , Regional Market Snapshot

9.2. North America Hydraulic workover Unit Market

9.2.1. U.S. Hydraulic workover Unit Market

9.2.1.1. Installation breakdown estimates & forecasts, 2018-2027

9.2.1.2. Service breakdown estimates & forecasts, 2018-2027

9.2.1.3. Capacity breakdown estimates & forecasts, 2018-2027

9.2.1.4. Application breakdown estimates & forecasts, 2018-2027

9.2.2. Canada Hydraulic workover Unit Market

9.3. Europe Hydraulic workover Unit Market Snapshot

9.3.1. U.K. Hydraulic workover Unit Market

9.3.2. Germany Hydraulic workover Unit Market

9.3.3. France Hydraulic workover Unit Market

9.3.4. Spain Hydraulic workover Unit Market

9.3.5. Italy Hydraulic workover Unit Market

9.3.6. Rest of Europe Hydraulic workover Unit Market

9.4. Asia-Pacific Hydraulic workover Unit Market Snapshot

9.4.1. China Hydraulic workover Unit Market

9.4.2. India Hydraulic workover Unit Market

9.4.3. Japan Hydraulic workover Unit Market

9.4.4. Australia Hydraulic workover Unit Market

9.4.5. South Korea Hydraulic workover Unit Market

9.4.6. Rest of Asia Pacific Hydraulic workover Unit Market

9.5. Latin America Hydraulic workover Unit Market Snapshot

9.5.1. Brazil Hydraulic workover Unit Market

9.5.2. Mexico Hydraulic workover Unit Market

9.6. Rest of The World Hydraulic workover Unit Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies

10.2. Company Profiles

10.2.1. Superior Energy Services

10.2.1.1. Key Information

10.2.1.2. Overview

10.2.1.3. Financial (Subject to Data Availability)

10.2.1.4. Product Summary

10.2.1.5. Recent Developments

10.2.2. Basic Energy Services

10.2.3. Cudd Energy Services

10.2.4. Precision Drilling

10.2.5. Velesto Energy

10.2.6. Easternwell

10.2.7. Cased Hole Well Services

10.2.8. Tecon Oil Services

10.2.9. ZYT Petroleum Equipment

10.2.10. The Wellgear Group

Chapter 11. Research Process

11.1. Research Process

11.1.1. Data Mining

11.1.2. Analysis

11.1.3. Market Estimation

11.1.4. Validation

11.1.5. Publishing

11.2. Research Attributes

11.3. Research Assumption

List of Tables

TABLE 1. Global Hydraulic workover Unit Market , report scope

TABLE 2. Global Hydraulic workover Unit Market estimates & forecasts by region 2018-2027 (USD Billion)

TABLE 3. Global Hydraulic workover Unit Market estimates & forecasts by Installation 2018-2027 (USD Billion)

TABLE 4. Global Hydraulic workover Unit Market estimates & forecasts by Service 2018-2027 (USD Billion)

TABLE 5. Global Hydraulic workover Unit Market estimates & forecasts by Capacity 2018-2027 (USD Billion)

TABLE 6. Global Hydraulic workover Unit Market estimates & forecasts by Application 2018-2027 (USD Billion)

TABLE 7. Global Hydraulic workover Unit Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Hydraulic workover Unit Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Hydraulic workover Unit Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Hydraulic workover Unit Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Hydraulic workover Unit Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Hydraulic workover Unit Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Hydraulic workover Unit Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Hydraulic workover Unit Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Hydraulic workover Unit Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. Global Hydraulic workover Unit Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. Global Hydraulic workover Unit Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 18. Global Hydraulic workover Unit Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. Global Hydraulic workover Unit Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 20. Global Hydraulic workover Unit Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 21. Global Hydraulic workover Unit Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. Global Hydraulic workover Unit Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 23. U.S. Hydraulic workover Unit Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 24. U.S. Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 25. U.S. Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 26. Canada Hydraulic workover Unit Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 27. Canada Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 28. Canada Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 29. UK Hydraulic workover Unit Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 30. UK Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 31. UK Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 32. Germany Hydraulic workover Unit Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 33. Germany Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 34. Germany Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 35. France Hydraulic workover Unit Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 36. France Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 37. France Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 38. Spain Hydraulic workover Unit Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 39. Spain Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 40. Spain Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 41. Italy Hydraulic workover Unit Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 42. Italy Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 43. Italy Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 44. ROE Hydraulic workover Unit Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 45. ROE Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 46. ROE Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 47. China Hydraulic workover Unit Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 48. China Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 49. China Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 50. India Hydraulic workover Unit Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 51. India Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 52. India Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 53. Japan Hydraulic workover Unit Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 54. Japan Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 55. Japan Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 56. Australia Hydraulic workover Unit Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 57. Australia Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 58. Australia Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 59. South Korea Hydraulic workover Unit Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 60. South Korea Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 61. South Korea Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 62. ROPAC Hydraulic workover Unit Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 63. ROPAC Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 64. ROPAC Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 65. Brazil Hydraulic workover Unit Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 66. Brazil Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 67. Brazil Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 68. Mexico Hydraulic workover Unit Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 69. Mexico Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 70. Mexico Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 71. ROLA Hydraulic workover Unit Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 72. ROLA Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 73. ROLA Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 74. ROW Hydraulic workover Unit Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 75. ROW Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 76. ROW Hydraulic workover Unit Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 77. List of secondary sources used in the study of global Hydraulic workover Unit Market .

TABLE 78. List of primary sources used in the study of global Hydraulic workover Unit Market .

TABLE 79. Years considered for the study.

TABLE 80. Exchange rates considered.

 
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