Energy and Power Well Intervention Market | Page 2
Onshore is the largest application-based market segment
The report also segments the well intervention market by application into onshore and offshore.
The onshore application segment is expected to dominate the well intervent ion market till 2022.
This growth is majorly driven by the revitalization of aging onshore field/ well.
North America is the dominant regional market for well intervention
North America is currently the largest market for well intervention. In 2016, the U. S. accounted
for the majority share in North America. Ongoing shale gas revolution is the major factor driving
the well intervention market in the U.S.
To provide an in-depth understanding of the competitive landscape, the report includes the
profiles of companies such as GE Oil & Gas (U.K.), Baker Hughes Incorporated (U.S.), Halliburton
Company (U.S.), Schlumberger Limited (U.S.), Weatherford International plc (Switzerland), Expro
International Group Holdings Ltd. (U.K.), Archer Limited (U.K.), Welltec Int ernational ApS
(Denmark), TechnipFMC plc (U.K.), Trican Well Service Ltd. (Canada), Basic Energy Services, Inc.
(U.S.), Superior Energy Services, Inc. (U.S.), Key Energy Services, Inc. (U.S.), and Lupatech SA
(Brazil), among others. The dominant players are trying to gain a foothold in developing
economies and are adopting various methods to grab the market share.
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