Nigeria Wireline Service Market Scope and Analysis by 2031
Nigeria Wireline Service Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 189.11 Million |
Market Size by 2031 | US$ 292.31 Million |
Global CAGR (2023 - 2031) | 5.6% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | Nigeria
|
Market leaders and key company profiles |
Nigeria Wireline Service Market News and Recent Developments
The Nigeria wireline service market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Nigeria wireline service market are listed below:
- NexTier Oilfield Services, Inc. sold its Well Support Services Basic Energy Services Inc. for US$93.7 million. With this deal, the company aims to create incremental annual savings of US$6 million in selling, general, and administrative expenses and eliminate about US$20 million of annual capital expenditures. Also, the company is focusing on its two business segments: the completions services segment—which consists of hydraulic fracturing, wireline, and pumpdown services—and the well construction and intervention services segment, consisting of coiled tubing and cementing services. (Source: NexTier Oilfield Services, Inc., Press Release, March 2020)
Nigeria Wireline Service Market Report Coverage and Deliverables
The “Nigeria Wireline Service Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Nigeria wireline service market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Nigeria wireline service market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Nigeria wireline service market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Nigeria wireline service market
- Detailed company profiles