Hydraulic Workover Unit - Global Market Outlook (2019 -2027)
According to Stratistics MRC, The Global Hydraulic Workover Unit Market is accounted for $9.99 billion in 2019 and is expected to reach $15.80 billion by 2027 growing at a CAGR of 5.9% during the forecast period. Increasing shale gas production activities and upsurge in oil & gas production after the decline in oil prices are the major factors propelling the market growth. However, growing focus on renewable energy is hampering the market growth.
Hydraulic workover units are portable pulling systems that offer different benefits for onshore and offshore installations. Hydraulic workover unit is used as substitute to workover rigs & conventional drilling. They are mainly used in drilling, repairing, and completing wells in and around shores.
Based on the services, the workover segment is going to have a lucrative growth during the forecast period due to the highest growing segment in the hydraulic workover unit market. The services carried out by the hydraulic workover units are completions/workover, plug & abandonments, ESP completion, sand screen installations, well deepening, fishing/clean-outs, casing repairs, and others. Furthermore hydraulic workover can be used to install or remove tubular (pipes) in or out of dead wells.
By geography, North America is going to have a lucrative growth during the forecast period due to increasing shale gas production activities. The Hydraulic Workover Unit Market is driven by the growth in unconventional resources in the US and Canada and demand from the onshore & offshore fields in the Gulf of Mexico. The Gulf of Mexico is one of the most important sources of conventional oil & gas in the North American region.
Some of the key players profiled in the Hydraulic Workover Unit Market include Archer , Basic Energy Services, CEEM FZE, Energy Research Databases, CUDD Energy Services, Easternwell, Elnusa, Halliburton , High Arctic Energy Services, Key Energy Services , Nabors Industries, National Oilwell Varco, Precision Drilling, Superior Energy Services , UZMA, Velesto Energy and ZYT Petroleum Equipment.
Types Covered:
• Vacuum
• Ultraviolet Sterilization
• High Temperature Sterilization
Installations Covered:
• Skid Mount
• Trailer Mount
Services Covered:
• Snubbing
• Workover
Capacities Covered:
• 0–50 Tonne
• 50–150 Tonne
• Above 150 Tonne
Applications Covered:
• Business Use
• Home Use
• Offshore
• Onshore
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Hydraulic Workover Unit Market, By Type
5.1 Introduction
5.2 Vacuum
5.3 Ultraviolet Sterilization
5.4 High Temperature Sterilization
6 Global Hydraulic Workover Unit Market, By Installation
6.1 Introduction
6.2 Skid Mount
6.3 Trailer Mount
7 Global Hydraulic Workover Unit Market, By Service
7.1 Introduction
7.2 Snubbing
7.3 Workover
8 Global Hydraulic Workover Unit Market, By Capacity
8.1 Introduction
8.2 0–50 Tonne
8.3 50–150 Tonne
8.4 Above 150 Tonne
9 Global Hydraulic Workover Unit Market, By Application
9.1 Introduction
9.2 Business Use
9.3 Home Use
9.4 Offshore
9.5 Onshore
10 Global Hydraulic Workover Unit Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Archer
12.2 Basic Energy Services
12.3 CEEM FZE
12.4 CUDD Energy Services
12.5 Easternwell
12.6 Elnusa
12.7 Halliburton
12.8 High Arctic Energy Services
12.9 Key Energy Services
12.10 Nabors Industries
12.11 National Oilwell Varco
12.12 Precision Drilling
12.13 Superior Energy Services
12.14 UZMA
12.15 Velesto Energy
12.16 ZYT Petroleum Equipment
List of Tables
1 Global Hydraulic Workover Unit Market Outlook, By Region (2018-2027) ($MN)
2 Global Hydraulic Workover Unit Market Outlook, By Type (2018-2027) ($MN)
3 Global Hydraulic Workover Unit Market Outlook, By Vacuum (2018-2027) ($MN)
4 Global Hydraulic Workover Unit Market Outlook, By Ultraviolet Sterilization (2018-2027) ($MN)
5 Global Hydraulic Workover Unit Market Outlook, By High Temperature Sterilization (2018-2027) ($MN)
6 Global Hydraulic Workover Unit Market Outlook, By Installation (2018-2027) ($MN)
7 Global Hydraulic Workover Unit Market Outlook, By Skid Mount (2018-2027) ($MN)
8 Global Hydraulic Workover Unit Market Outlook, By Trailer Mount (2018-2027) ($MN)
9 Global Hydraulic Workover Unit Market Outlook, By Service (2018-2027) ($MN)
10 Global Hydraulic Workover Unit Market Outlook, By Snubbing (2018-2027) ($MN)
11 Global Hydraulic Workover Unit Market Outlook, By Workover (2018-2027) ($MN)
12 Global Hydraulic Workover Unit Market Outlook, By Capacity (2018-2027) ($MN)
13 Global Hydraulic Workover Unit Market Outlook, By 0–50 Tonne (2018-2027) ($MN)
14 Global Hydraulic Workover Unit Market Outlook, By 50–150 Tonne (2018-2027) ($MN)
15 Global Hydraulic Workover Unit Market Outlook, By Above 150 Tonne (2018-2027) ($MN)
16 Global Hydraulic Workover Unit Market Outlook, By Application (2018-2027) ($MN)
17 Global Hydraulic Workover Unit Market Outlook, By Business Use (2018-2027) ($MN)
18 Global Hydraulic Workover Unit Market Outlook, By Home Use (2018-2027) ($MN)
19 Global Hydraulic Workover Unit Market Outlook, By Offshore (2018-2027) ($MN)
20 Global Hydraulic Workover Unit Market Outlook, By Onshore (2018-2027) ($MN)
21 North America Hydraulic Workover Unit Market Outlook, By Country (2018-2027) ($MN)
22 North America Hydraulic Workover Unit Market Outlook, By Type (2018-2027) ($MN)
23 North America Hydraulic Workover Unit Market Outlook, By Vacuum (2018-2027) ($MN)
24 North America Hydraulic Workover Unit Market Outlook, By Ultraviolet Sterilization (2018-2027) ($MN)
25 North America Hydraulic Workover Unit Market Outlook, By High Temperature Sterilization (2018-2027) ($MN)
26 North America Hydraulic Workover Unit Market Outlook, By Installation (2018-2027) ($MN)
27 North America Hydraulic Workover Unit Market Outlook, By Skid Mount (2018-2027) ($MN)
28 North America Hydraulic Workover Unit Market Outlook, By Trailer Mount (2018-2027) ($MN)
29 North America Hydraulic Workover Unit Market Outlook, By Service (2018-2027) ($MN)
30 North America Hydraulic Workover Unit Market Outlook, By Snubbing (2018-2027) ($MN)
31 North America Hydraulic Workover Unit Market Outlook, By Workover (2018-2027) ($MN)
32 North America Hydraulic Workover Unit Market Outlook, By Capacity (2018-2027) ($MN)
33 North America Hydraulic Workover Unit Market Outlook, By 0–50 Tonne (2018-2027) ($MN)
34 North America Hydraulic Workover Unit Market Outlook, By 50–150 Tonne (2018-2027) ($MN)
35 North America Hydraulic Workover Unit Market Outlook, By Above 150 Tonne (2018-2027) ($MN)
36 North America Hydraulic Workover Unit Market Outlook, By Application (2018-2027) ($MN)
37 North America Hydraulic Workover Unit Market Outlook, By Business Use (2018-2027) ($MN)
38 North America Hydraulic Workover Unit Market Outlook, By Home Use (2018-2027) ($MN)
39 North America Hydraulic Workover Unit Market Outlook, By Offshore (2018-2027) ($MN)
40 North America Hydraulic Workover Unit Market Outlook, By Onshore (2018-2027) ($MN)
41 Europe Hydraulic Workover Unit Market Outlook, By Country (2018-2027) ($MN)
42 Europe Hydraulic Workover Unit Market Outlook, By Type (2018-2027) ($MN)
43 Europe Hydraulic Workover Unit Market Outlook, By Vacuum (2018-2027) ($MN)
44 Europe Hydraulic Workover Unit Market Outlook, By Ultraviolet Sterilization (2018-2027) ($MN)
45 Europe Hydraulic Workover Unit Market Outlook, By High Temperature Sterilization (2018-2027) ($MN)
46 Europe Hydraulic Workover Unit Market Outlook, By Installation (2018-2027) ($MN)
47 Europe Hydraulic Workover Unit Market Outlook, By Skid Mount (2018-2027) ($MN)
48 Europe Hydraulic Workover Unit Market Outlook, By Trailer Mount (2018-2027) ($MN)
49 Europe Hydraulic Workover Unit Market Outlook, By Service (2018-2027) ($MN)
50 Europe Hydraulic Workover Unit Market Outlook, By Snubbing (2018-2027) ($MN)
51 Europe Hydraulic Workover Unit Market Outlook, By Workover (2018-2027) ($MN)
52 Europe Hydraulic Workover Unit Market Outlook, By Capacity (2018-2027) ($MN)
53 Europe Hydraulic Workover Unit Market Outlook, By 0–50 Tonne (2018-2027) ($MN)
54 Europe Hydraulic Workover Unit Market Outlook, By 50–150 Tonne (2018-2027) ($MN)
55 Europe Hydraulic Workover Unit Market Outlook, By Above 150 Tonne (2018-2027) ($MN)
56 Europe Hydraulic Workover Unit Market Outlook, By Application (2018-2027) ($MN)
57 Europe Hydraulic Workover Unit Market Outlook, By Business Use (2018-2027) ($MN)
58 Europe Hydraulic Workover Unit Market Outlook, By Home Use (2018-2027) ($MN)
59 Europe Hydraulic Workover Unit Market Outlook, By Offshore (2018-2027) ($MN)
60 Europe Hydraulic Workover Unit Market Outlook, By Onshore (2018-2027) ($MN)
61 Asia Pacific Hydraulic Workover Unit Market Outlook, By Country (2018-2027) ($MN)
62 Asia Pacific Hydraulic Workover Unit Market Outlook, By Type (2018-2027) ($MN)
63 Asia Pacific Hydraulic Workover Unit Market Outlook, By Vacuum (2018-2027) ($MN)
64 Asia Pacific Hydraulic Workover Unit Market Outlook, By Ultraviolet Sterilization (2018-2027) ($MN)
65 Asia Pacific Hydraulic Workover Unit Market Outlook, By High Temperature Sterilization (2018-2027) ($MN)
66 Asia Pacific Hydraulic Workover Unit Market Outlook, By Installation (2018-2027) ($MN)
67 Asia Pacific Hydraulic Workover Unit Market Outlook, By Skid Mount (2018-2027) ($MN)
68 Asia Pacific Hydraulic Workover Unit Market Outlook, By Trailer Mount (2018-2027) ($MN)
69 Asia Pacific Hydraulic Workover Unit Market Outlook, By Service (2018-2027) ($MN)
70 Asia Pacific Hydraulic Workover Unit Market Outlook, By Snubbing (2018-2027) ($MN)
71 Asia Pacific Hydraulic Workover Unit Market Outlook, By Workover (2018-2027) ($MN)
72 Asia Pacific Hydraulic Workover Unit Market Outlook, By Capacity (2018-2027) ($MN)
73 Asia Pacific Hydraulic Workover Unit Market Outlook, By 0–50 Tonne (2018-2027) ($MN)
74 Asia Pacific Hydraulic Workover Unit Market Outlook, By 50–150 Tonne (2018-2027) ($MN)
75 Asia Pacific Hydraulic Workover Unit Market Outlook, By Above 150 Tonne (2018-2027) ($MN)
76 Asia Pacific Hydraulic Workover Unit Market Outlook, By Application (2018-2027) ($MN)
77 Asia Pacific Hydraulic Workover Unit Market Outlook, By Business Use (2018-2027) ($MN)
78 Asia Pacific Hydraulic Workover Unit Market Outlook, By Home Use (2018-2027) ($MN)
79 Asia Pacific Hydraulic Workover Unit Market Outlook, By Offshore (2018-2027) ($MN)
80 Asia Pacific Hydraulic Workover Unit Market Outlook, By Onshore (2018-2027) ($MN)
81 South America Hydraulic Workover Unit Market Outlook, By Country (2018-2027) ($MN)
82 South America Hydraulic Workover Unit Market Outlook, By Type (2018-2027) ($MN)
83 South America Hydraulic Workover Unit Market Outlook, By Vacuum (2018-2027) ($MN)
84 South America Hydraulic Workover Unit Market Outlook, By Ultraviolet Sterilization (2018-2027) ($MN)
85 South America Hydraulic Workover Unit Market Outlook, By High Temperature Sterilization (2018-2027) ($MN)
86 South America Hydraulic Workover Unit Market Outlook, By Installation (2018-2027) ($MN)
87 South America Hydraulic Workover Unit Market Outlook, By Skid Mount (2018-2027) ($MN)
88 South America Hydraulic Workover Unit Market Outlook, By Trailer Mount (2018-2027) ($MN)
89 South America Hydraulic Workover Unit Market Outlook, By Service (2018-2027) ($MN)
90 South America Hydraulic Workover Unit Market Outlook, By Snubbing (2018-2027) ($MN)
91 South America Hydraulic Workover Unit Market Outlook, By Workover (2018-2027) ($MN)
92 South America Hydraulic Workover Unit Market Outlook, By Capacity (2018-2027) ($MN)
93 South America Hydraulic Workover Unit Market Outlook, By 0–50 Tonne (2018-2027) ($MN)
94 South America Hydraulic Workover Unit Market Outlook, By 50–150 Tonne (2018-2027) ($MN)
95 South America Hydraulic Workover Unit Market Outlook, By Above 150 Tonne (2018-2027) ($MN)
96 South America Hydraulic Workover Unit Market Outlook, By Application (2018-2027) ($MN)
97 South America Hydraulic Workover Unit Market Outlook, By Business Use (2018-2027) ($MN)
98 South America Hydraulic Workover Unit Market Outlook, By Home Use (2018-2027) ($MN)
99 South America Hydraulic Workover Unit Market Outlook, By Offshore (2018-2027) ($MN)
100 South America Hydraulic Workover Unit Market Outlook, By Onshore (2018-2027) ($MN)
101 Middle East & Africa Hydraulic Workover Unit Market Outlook, By Country (2018-2027) ($MN)
102 Middle East & Africa Hydraulic Workover Unit Market Outlook, By Type (2018-2027) ($MN)
103 Middle East & Africa Hydraulic Workover Unit Market Outlook, By Vacuum (2018-2027) ($MN)
104 Middle East & Africa Hydraulic Workover Unit Market Outlook, By Ultraviolet Sterilization (2018-2027) ($MN)
105 Middle East & Africa Hydraulic Workover Unit Market Outlook, By High Temperature Sterilization (2018-2027) ($MN)
106 Middle East & Africa Hydraulic Workover Unit Market Outlook, By Installation (2018-2027) ($MN)
107 Middle East & Africa Hydraulic Workover Unit Market Outlook, By Skid Mount (2018-2027) ($MN)
108 Middle East & Africa Hydraulic Workover Unit Market Outlook, By Trailer Mount (2018-2027) ($MN)
109 Middle East & Africa Hydraulic Workover Unit Market Outlook, By Service (2018-2027) ($MN)
110 Middle East & Africa Hydraulic Workover Unit Market Outlook, By Snubbing (2018-2027) ($MN)
111 Middle East & Africa Hydraulic Workover Unit Market Outlook, By Workover (2018-2027) ($MN)
112 Middle East & Africa Hydraulic Workover Unit Market Outlook, By Capacity (2018-2027) ($MN)
113 Middle East & Africa Hydraulic Workover Unit Market Outlook, By 0–50 Tonne (2018-2027) ($MN)
114 Middle East & Africa Hydraulic Workover Unit Market Outlook, By 50–150 Tonne (2018-2027) ($MN)
115 Middle East & Africa Hydraulic Workover Unit Market Outlook, By Above 150 Tonne (2018-2027) ($MN)
116 Middle East & Africa Hydraulic Workover Unit Market Outlook, By Application (2018-2027) ($MN)
117 Middle East & Africa Hydraulic Workover Unit Market Outlook, By Business Use (2018-2027) ($MN)
118 Middle East & Africa Hydraulic Workover Unit Market Outlook, By Home Use (2018-2027) ($MN)
119 Middle East & Africa Hydraulic Workover Unit Market Outlook, By Offshore (2018-2027) ($MN)
120 Middle East & Africa Hydraulic Workover Unit Market Outlook, By Onshore (2018-2027) ($MN)
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.