Coil Tubing Truck Market, Global Outlook and Forecast 2024-2030
The global Coil Tubing Truck market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
Dual Vehicle Coil Tubing Truck Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Coil Tubing Truck include Halliburton, Stewart & Stevenson, National Oilwell Varco, SERVA(Engineered Transportation International), Forum Energy Technologies, GOES, Weatherford, SANY and Yantai Jereh Petroleum Equipment & Technologies, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Coil Tubing Truck has the characteristics of pressure operation and continuous tripping, small size of equipment, fast operation cycle and low cost. Despite these advantages, coiled tubing was not widely used in its early days due to the limitations of manufacturing process and equipment. After decades of development, various technologies have been quite mature at present, coiled tubing has been widely used in various oilfield operations. In general, domestic coiled tubing operators are mainly used in: sand washing, bridge plug drilling, gas lift, liquid nitrogen injection, wax removal, liquid drainage, acid extrusion, logging, etc. In recent years, it is also widely used in fracturing shale gas and coalbed methane Wells. Coiled tubing drilling is also widely used abroad.
This report aims to provide a comprehensive presentation of the global market for Coil Tubing Truck, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Coil Tubing Truck. This report contains market size and forecasts of Coil Tubing Truck in global, including the following market information:
Global Coil Tubing Truck Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global Coil Tubing Truck Market Sales, 2019-2024, 2025-2030, (Units)
Global top five Coil Tubing Truck companies in 2023 (%)
We surveyed the Coil Tubing Truck manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Coil Tubing Truck Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (Units)
Global Coil Tubing Truck Market Segment Percentages, by Type, 2023 (%)
Dual Vehicle Coil Tubing Truck
Single Vehicle Coil Tubing Truck
Global Coil Tubing Truck Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (Units)
Global Coil Tubing Truck Market Segment Percentages, by Application, 2023 (%)
Onshore Oilfield
Underwater Oilfield
Global Coil Tubing Truck Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (Units)
Global Coil Tubing Truck Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Coil Tubing Truck revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Coil Tubing Truck revenues share in global market, 2023 (%)
Key companies Coil Tubing Truck sales in global market, 2019-2024 (Estimated), (Units)
Key companies Coil Tubing Truck sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Halliburton
Stewart & Stevenson
National Oilwell Varco
SERVA(Engineered Transportation International)
Forum Energy Technologies
GOES
Weatherford
SANY
Yantai Jereh Petroleum Equipment & Technologies
Anton Oilfield Services
SINOPEC Oilfield Equipment
China National Petroleum
Yantai Jereh Petroleum Equipment & Technologies
Huaxin Tangshan Petroleum Equipment
Shengli Oilfield Highland Petroleum Equipment
Beijing Nydped Exloration and Development
Wellserv Petroleum Equipment
Outline of Major Chapters:
Chapter 1: Introduces the definition of Coil Tubing Truck, market overview.
Chapter 2: Global Coil Tubing Truck market size in revenue and volume.
Chapter 3: Detailed analysis of Coil Tubing Truck manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Coil Tubing Truck in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Coil Tubing Truck capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
