The Europe Coiled Tubing Services Market report defines and segments the coiled tubing services market in Europe with analysis and forecast of revenue. The coiled tubing services market in Europe is estimated to grow from $486.3 million in 2013 to $749.6 million by 2019, at a CAGR of 7.2% from 2014 to 2019.
Browse through the TOC of Europe Coiled Tubing Services Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Rising energy demand, redevelopment of mature oil field wells, increasing exploration and production activities in shale reservoirs, and geo-political & macro-economic factors are some of the key factors driving the growth of the coiled tubing services market in Europe. Russia held the largest share of 65.0% of the European coiled tubing services market in 2014.
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This market is segmented and forecast on the basis of service types of coiled tubing, such as well intervention, drilling services, and others. The market is further segmented and forecast on the basis of major countries, such as Russia, the U.K. and others.