Wireline Services Market Survey by New Technologies and
Developments 2017 to 2021
The report "Wireline Services Market by Application (Onshore & Offshore), Type (Electricline
& Slickline), Services (Completion, Intervention, & Logging), Hole Type (Cased Hole &
Open Hole), and Region - Global Forecasts to 2021", The wireline services market is expected
to grow from an estimated USD 8.26 Billion in 2016 to USD 9.15 Billion by 2021, at a CAGR of
2.1%.
Browse 89 market data tables and 56 figures spread through 165 pages and in-depth TOC
on “Wireline Services Market by Application (Onshore & Offshore), Type (Electricline &
Slickline), Services (Completion, Intervention, & Logging), Hole Type (Cased Hole & Open
Hole), and Region - Global Forecasts to 2021”
https://www.marketsandmarkets.com/Market-Reports/wireline-services-market-219892196.html
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The global market is set to witness growth, due to the aging reservoirs, increasing oil production,
and lifting of Iranian oil export sanctions. Also, oil export sanctions on Iran were lifted in January
2016, allowing the country to export oil. This has led to an increase in E&P investments in the
country, leading to a rise in oil production.
The onshore segment is expected to hold the largest share of the wireline service market,
by application, during the forecast period
The onshore segment led the wireline services market in 2015, owing to the increasing demand
for wireline services across the globe. This segment is primarily driven by high number of
maturing fields in onshore regions. Moreover, the ease of mobility is high in onshore regions
which allows for multiple usages of wireline services, and is expected to create new revenue
pockets for the wireline services market during the forecast period.
Cased-Hole to be the largest segment in the wireline services market
With regard to the hole type segment, cased-hole is expected to be the largest market in 2016.
When a portion of a well has a metal casing placed and cemented to protect from pressures,
fluids etc., it is called as cased-hole and these cased-hole services increases wellbore stability.
The cased-hole applications further includes electricline and slickline. The electricline i s estimated