

Hydraulic Workover is the most cost efficient method to repair all types of wells both onshore and offshore. The Hydraulic Workover Unit (HWU) is a versatile, cost saving and safe tool to perform sand cleanouts, change-out completions and to repair casing leaks.
The evolution of Hydraulic Workover (HWO) services can be traced back to the 1920s. Halliburton hydraulic workover operations began in 1929 when Mr. H.C. Otis, Sr. designed, patented and built the world’s first unit to run or pull pipe under pressure.
This report mainly focuses on the service market of Hydraulic workover.
The global Hydraulic Workover Units market size is projected to grow from US$ 2208 million in 2024 to US$ 3027 million in 2030; it is expected to grow at a CAGR of 5.4% from 2024 to 2030.
The “Hydraulic Workover Units Industry Forecast” looks at past sales and reviews total world Hydraulic Workover Units sales in 2022, providing a comprehensive analysis by region and market sector of projected Hydraulic Workover Units sales for 2023 through 2029. With Hydraulic Workover Units sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydraulic Workover Units industry.
This Insight Report provides a comprehensive analysis of the global Hydraulic Workover Units landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Hydraulic Workover Units portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hydraulic Workover Units market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydraulic Workover Units and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydraulic Workover Units.
Global key players of Hydraulic Workover Units include HalliburtonSuperior Energy Services (BPC), Precision Drilling, Basic Energy Services, Sinopec, etc. The top five players hold a share over 61%. Latin America is the largest market, has a share about 25%, followed by Europe and China, with share 14% and 10%, separately. In terms of product type, Workover is the largest segment, occupied for a share of 67%, and in terms of application, Onshore has a share about 72%.
This report presents a comprehensive overview, market shares, and growth opportunities of Hydraulic Workover Units market by product type, application, key players and key regions and countries.
Segmentation by Type:
Below 100 ton
100-200 ton
Above 200 ton
Segmentation by Application:
Onshore
Offshore
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Below 100 ton
100-200 ton
Above 200 ton
Segmentation by Application:
Onshore
Offshore
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Halliburton
Superior Energy Services (BPC)
Precision Drilling
Basic Energy Services
Sinopec
Cudd Pressure Control (RPC)
CNPC
Velesto Energy Berhad
EEST Energy
JEREH
Archer Limited
High Arctic Energy Services
Top Well Services
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Hydraulic Workover Units Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Hydraulic Workover Units by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Hydraulic Workover Units by Country/Region, 2019, 2023 & 2030
2.2 Hydraulic Workover Units Segment by Type
2.2.1 Workover
2.2.2 Snubbing
2.3 Hydraulic Workover Units Sales by Type
2.3.1 Global Hydraulic Workover Units Sales Market Share by Type (2019-2024)
2.3.2 Global Hydraulic Workover Units Revenue and Market Share by Type (2019-2024)
2.3.3 Global Hydraulic Workover Units Sale Price by Type (2019-2024)
2.4 Hydraulic Workover Units Segment by Application
2.4.1 Onshore
2.4.2 Offshore
2.5 Hydraulic Workover Units Sales by Application
2.5.1 Global Hydraulic Workover Units Sale Market Share by Application (2019-2024)
2.5.2 Global Hydraulic Workover Units Revenue and Market Share by Application (2019-2024)
2.5.3 Global Hydraulic Workover Units Sale Price by Application (2019-2024)
3 Global by Company
3.1 Global Hydraulic Workover Units Breakdown Data by Company
3.1.1 Global Hydraulic Workover Units Annual Sales by Company (2019-2024)
3.1.2 Global Hydraulic Workover Units Sales Market Share by Company (2019-2024)
3.2 Global Hydraulic Workover Units Annual Revenue by Company (2019-2024)
3.2.1 Global Hydraulic Workover Units Revenue by Company (2019-2024)
3.2.2 Global Hydraulic Workover Units Revenue Market Share by Company (2019-2024)
3.3 Global Hydraulic Workover Units Sale Price by Company
3.4 Key Manufacturers Hydraulic Workover Units Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Hydraulic Workover Units Product Location Distribution
3.4.2 Players Hydraulic Workover Units Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Hydraulic Workover Units by Geographic Region
4.1 World Historic Hydraulic Workover Units Market Size by Geographic Region (2019-2024)
4.1.1 Global Hydraulic Workover Units Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Hydraulic Workover Units Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Hydraulic Workover Units Market Size by Country/Region (2019-2024)
4.2.1 Global Hydraulic Workover Units Annual Sales by Country/Region (2019-2024)
4.2.2 Global Hydraulic Workover Units Annual Revenue by Country/Region (2019-2024)
4.3 Americas Hydraulic Workover Units Sales Growth
4.4 APAC Hydraulic Workover Units Sales Growth
4.5 Europe Hydraulic Workover Units Sales Growth
4.6 Middle East & Africa Hydraulic Workover Units Sales Growth
5 Americas
5.1 Americas Hydraulic Workover Units Sales by Country
5.1.1 Americas Hydraulic Workover Units Sales by Country (2019-2024)
5.1.2 Americas Hydraulic Workover Units Revenue by Country (2019-2024)
5.2 Americas Hydraulic Workover Units Sales by Type (2019-2024)
5.3 Americas Hydraulic Workover Units Sales by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Hydraulic Workover Units Sales by Region
6.1.1 APAC Hydraulic Workover Units Sales by Region (2019-2024)
6.1.2 APAC Hydraulic Workover Units Revenue by Region (2019-2024)
6.2 APAC Hydraulic Workover Units Sales by Type (2019-2024)
6.3 APAC Hydraulic Workover Units Sales by Application (2019-2024)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Hydraulic Workover Units by Country
7.1.1 Europe Hydraulic Workover Units Sales by Country (2019-2024)
7.1.2 Europe Hydraulic Workover Units Revenue by Country (2019-2024)
7.2 Europe Hydraulic Workover Units Sales by Type (2019-2024)
7.3 Europe Hydraulic Workover Units Sales by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Hydraulic Workover Units by Country
8.1.1 Middle East & Africa Hydraulic Workover Units Sales by Country (2019-2024)
8.1.2 Middle East & Africa Hydraulic Workover Units Revenue by Country (2019-2024)
8.2 Middle East & Africa Hydraulic Workover Units Sales by Type (2019-2024)
8.3 Middle East & Africa Hydraulic Workover Units Sales by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Hydraulic Workover Units
10.3 Manufacturing Process Analysis of Hydraulic Workover Units
10.4 Industry Chain Structure of Hydraulic Workover Units
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Hydraulic Workover Units Distributors
11.3 Hydraulic Workover Units Customer
12 World Forecast Review for Hydraulic Workover Units by Geographic Region
12.1 Global Hydraulic Workover Units Market Size Forecast by Region
12.1.1 Global Hydraulic Workover Units Forecast by Region (2025-2030)
12.1.2 Global Hydraulic Workover Units Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country (2025-2030)
12.3 APAC Forecast by Region (2025-2030)
12.4 Europe Forecast by Country (2025-2030)
12.5 Middle East & Africa Forecast by Country (2025-2030)
12.6 Global Hydraulic Workover Units Forecast by Type (2025-2030)
12.7 Global Hydraulic Workover Units Forecast by Application (2025-2030)
13 Key Players Analysis
13.1 Halliburton
13.1.1 Halliburton Company Information
13.1.2 Halliburton Hydraulic Workover Units Product Portfolios and Specifications
13.1.3 Halliburton Hydraulic Workover Units Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Halliburton Main Business Overview
13.1.5 Halliburton Latest Developments
13.2 Superior Energy Services (BPC)
13.2.1 Superior Energy Services (BPC) Company Information
13.2.2 Superior Energy Services (BPC) Hydraulic Workover Units Product Portfolios and Specifications
13.2.3 Superior Energy Services (BPC) Hydraulic Workover Units Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Superior Energy Services (BPC) Main Business Overview
13.2.5 Superior Energy Services (BPC) Latest Developments
13.3 Precision Drilling
13.3.1 Precision Drilling Company Information
13.3.2 Precision Drilling Hydraulic Workover Units Product Portfolios and Specifications
13.3.3 Precision Drilling Hydraulic Workover Units Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Precision Drilling Main Business Overview
13.3.5 Precision Drilling Latest Developments
13.4 Basic Energy Services
13.4.1 Basic Energy Services Company Information
13.4.2 Basic Energy Services Hydraulic Workover Units Product Portfolios and Specifications
13.4.3 Basic Energy Services Hydraulic Workover Units Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Basic Energy Services Main Business Overview
13.4.5 Basic Energy Services Latest Developments
13.5 Sinopec
13.5.1 Sinopec Company Information
13.5.2 Sinopec Hydraulic Workover Units Product Portfolios and Specifications
13.5.3 Sinopec Hydraulic Workover Units Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Sinopec Main Business Overview
13.5.5 Sinopec Latest Developments
13.6 Cudd Pressure Control (RPC)
13.6.1 Cudd Pressure Control (RPC) Company Information
13.6.2 Cudd Pressure Control (RPC) Hydraulic Workover Units Product Portfolios and Specifications
13.6.3 Cudd Pressure Control (RPC) Hydraulic Workover Units Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Cudd Pressure Control (RPC) Main Business Overview
13.6.5 Cudd Pressure Control (RPC) Latest Developments
13.7 CNPC
13.7.1 CNPC Company Information
13.7.2 CNPC Hydraulic Workover Units Product Portfolios and Specifications
13.7.3 CNPC Hydraulic Workover Units Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 CNPC Main Business Overview
13.7.5 CNPC Latest Developments
13.8 Velesto Energy Berhad
13.8.1 Velesto Energy Berhad Company Information
13.8.2 Velesto Energy Berhad Hydraulic Workover Units Product Portfolios and Specifications
13.8.3 Velesto Energy Berhad Hydraulic Workover Units Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Velesto Energy Berhad Main Business Overview
13.8.5 Velesto Energy Berhad Latest Developments
13.9 EEST Energy
13.9.1 EEST Energy Company Information
13.9.2 EEST Energy Hydraulic Workover Units Product Portfolios and Specifications
13.9.3 EEST Energy Hydraulic Workover Units Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 EEST Energy Main Business Overview
13.9.5 EEST Energy Latest Developments
13.10 JEREH
13.10.1 JEREH Company Information
13.10.2 JEREH Hydraulic Workover Units Product Portfolios and Specifications
13.10.3 JEREH Hydraulic Workover Units Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 JEREH Main Business Overview
13.10.5 JEREH Latest Developments
13.11 Archer Limited
13.11.1 Archer Limited Company Information
13.11.2 Archer Limited Hydraulic Workover Units Product Portfolios and Specifications
13.11.3 Archer Limited Hydraulic Workover Units Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Archer Limited Main Business Overview
13.11.5 Archer Limited Latest Developments
13.12 High Arctic Energy Services
13.12.1 High Arctic Energy Services Company Information
13.12.2 High Arctic Energy Services Hydraulic Workover Units Product Portfolios and Specifications
13.12.3 High Arctic Energy Services Hydraulic Workover Units Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 High Arctic Energy Services Main Business Overview
13.12.5 High Arctic Energy Services Latest Developments
13.13 Top Well Services
13.13.1 Top Well Services Company Information
13.13.2 Top Well Services Hydraulic Workover Units Product Portfolios and Specifications
13.13.3 Top Well Services Hydraulic Workover Units Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Top Well Services Main Business Overview
13.13.5 Top Well Services Latest Developments
14 Research Findings and Conclusion
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*If Applicable.