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Well Intervention Market Estimated to be worth $19.63 Billion by 2019 - A New Report by MarketsandMarkets
Date:9/3/2014

dustry lucrative for both equipment manufacturers and service operators. On account of heavy demand for oil and continuous reduction in replacement of depleting hydrocarbon reservoirs, the well intervention services market will experience a tremendous increase in demand in the years to come.

The market has been estimated from the demand point of view. This report breaks the market into smaller service segments. In order to provide a deeper understanding of the competitive landscape, the report profiles 15 companies in the well intervention services market.

Well Intervention Services Market Revenue, 2012 - 2019

Well Intervention Services Market

Source: MarketsandMarkets Analysis

The global well intervention services market will grow from an estimated $11.32 billion in 2014. This value is expected to increase to $19.63 billion by 2019 at a CAGR of 11.6% during the same period. North America is expected to lead the global well intervention services market with a share of nearly 31% in terms of value generation in 2014.

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