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

NEW YORK, Aug. 16, 2021 /PRNewswire/ — The 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. It will also offer 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.

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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 – The frac services market has the potential to grow by USD 2.70 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 2.78%. –Download Exclusive Free Sample Report

Global Offshore Drilling Market – The offshore drilling rigs market size is expected to grow by $ 3.92 bn and record a CAGR of 4% during 2020-2024 – Download Exclusive Free Sample Report

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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