The report “Hydraulic Workover Unit Market by Application (Onshore, Offshore), by Services (Snubbing, Workover), and by Region - Global Trends & Forecast to 2019’’, defines and segments the hydraulic workover unit market with analysis and forecasting of the global oilfield services revenue and applications. It also identifies driving and restraining factors for the hydraulic workover unit services market with an analysis of trends, opportunities, burning issues, and winning imperatives.
Browse 75 market data tables and 52 figures spread through 141 pages and in-depth TOC on Hydraulic Workover Unit Market - Global Trends & Forecast to 2019.
The market is segmented and revenues are forecasted on the basis of regions, such as North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Hydraulic workover unit services market is projected to reach $12.2 billion by 2019 at a CAGR of approximately 6.6% from 2014 to 2019.
Early buyers will receive 10% customization on reports.
Request Customization - http://www.marketsandmarkets.com/requestCustomization.asp?id=207073031&utm_source=PitchEngineOrg&utm_medium=Referral&utm_campaign=PitchEngine_CMFE
The key countries are covered and forecasted for each region. Further, the market is segmented and revenues are forecasted on the basis of major services, such as Snubbing and Workover services.
North America- Hydraulic workover unit services market size in terms of revenue is expected to occupy the largest market share in the next five years
North America is the largest market for hydraulic workover units. The region which did fairly well in the last 10 years, accounted for approximately 46% of the total market in 2013. The growth rate has slackened considerably due to the decline in the oil prices.
Speak to Analyst - http://www.marketsandmarkets.com/speaktoanalyst.asp?id=207073031&utm_source=PitchEngineOrg&utm_medium=Referral&utm_campaign=PitchEngine_CMFE
Hydraulic workover unit based services are categorized into two primary segments: workover services and snubbing services. The major market is captured by workover services which involve the use of the hydraulic workover units on dead wells (wells that are not producing while the intervention operation is being carried out). On the other hand, snubbing services utilizes the hydraulic workover unit on live wells (wells that are producing while the intervention operation is being carried out). The key driver for the market is the increasing energy demand resulting in the increase in oil & gas production.
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252