$ 1.09 Bn growth expected in Well Abandonment Services Market 2020-2024 | Includes Post COVID-19 Impact Analysis | Technavio

NEW YORK, July 28, 2021 /PRNewswire/ — The global well abandonment services market is poised to grow by USD 1.09…

NEW YORK, July 28, 2021 /PRNewswire/ — The global well abandonment services market is poised to grow by USD 1.09 bn during 2020-2024, progressing at a CAGR of over 5% during the forecast period.

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The report on the well abandonment services market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by maturing oil and gas fields.

The well abandonment services market analysis includes the application segment and geographic landscape. This study identifies the regulatory requirements for well abandonment as one of the prime reasons driving the well abandonment services market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The well abandonment services market covers the following areas:

Well Abandonment Services Market Sizing

Well Abandonment Services Market Forecast

Well Abandonment Services Market Analysis

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Companies Mentioned

  • Acteon Group Ltd.
  • Calfrac Well Services Ltd.
  • Expro Holdings UK2 Ltd.
  • General Electric Co.
  • Halliburton Co.
  • TechnipFMC Plc
  • NexTier Oilfield Solutions Inc.
  • Oceaneering International Inc.
  • Schlumberger Ltd.
  • Weatherford International Plc

Related Reports on Energy Include:

Global Frac Services Market
 – Global frac services market is segmented by application (offshore and onshore) and geography (North America, MEA, Europe, APAC, and South America).

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Global Offshore Drilling Market – Global offshore drilling market is segmented by application (shallow water, deepwater, and ultra-deepwater) and geography (North America, APAC, Europe, MEA, and South America).

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Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Offshore – Market size and forecast 2019-2024
  • Onshore – Market size and forecast 2019-2024
  • Market opportunity by Application

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe – Market size and forecast 2019-2024
  • North America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption
  • Industry risks

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Acteon Group Ltd.
  • Calfrac Well Services Ltd.
  • Expro Holdings UK2 Ltd.
  • General Electric Co.
  • Halliburton Co.
  • NexTier Oilfield Solutions Inc.
  • Oceaneering International Inc.
  • Schlumberger Ltd.
  • TechnipFMC Plc
  • Weatherford International Plc

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Report: www.technavio.com/report/well-abandonment-services-market-industry-analysis

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