Well Completion Equipment And Services Market
Well Completion Equipment And Services Market Global Industry Assessment & Forecast
#
Pages:
155
2021
Nov - 2021
VMR-2021-0470
Segments Covered
By
Type Packers, Sand Control Tools, Multistage Fracturing Tools, Liner Hangers, Valves, Smart Wells, Others
-
By
Application Onshore, Offshore
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
11.12 Billion |
 Revenue 2028:
|
15.59 Billion |
 Revenue CAGR
(2021 - 2028): |
4.31 |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Type Analysis: Preview On the basis of Type,
the market is segmented into Packers, Sand Control Tools, Multistage Fracturing Tools, Liner Hangers, Valves, Smart Wells, Others. Packers held the
leading share in 2020 and is anticipated to grow at a noteworthy CAGR over the
forecast timespan. This is due to the increasing adoption of Packers
in emerging economies in Asia Pacific region. Application
Analysis: Preview
Based on Application,
the market is segmented into Onshore, Offshore. Offshore accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Well Completion Equipment And Services Market: Type Segment Analysis
-
- Packers
- Sand Control Tools
- Multistage Fracturing Tools
- Liner Hangers
- Valves
- Smart Wells
- Others
Global Well Completion Equipment And Services Market: Application Segment Analysis
-
- Onshore
- Offshore
FAQ
Frequently Asked Question
What is the global demand for Well Completion Equipment And Services in terms of revenue?
-
The global Well Completion Equipment And Services valued at 11.12 Billion in 2020 and is expected to reach 15.59 Billion in 2028 growing at a CAGR of 4.31%.
Which are the prominent players in the market?
-
The prominent players in the market are Total SA, China National Petroleum Corp., Schlumberger Ltd., Baker Hughes Inc., Sinopec, Shell, Halliburton Company, BP PLC, China National Offshore Oil Corporation..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.31% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Well Completion Equipment And Services include
- Well completion equipment are customized by integrating, designing, and installing according to customer needs to produce oil and gas which is fueling the market growth and with this well completions equipment also helps in reducing the stimulation time by improving well performance in horizontal wells.
- The increased advanced technological developments is anticipated to augment the growth of the market in the years to come.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Well Completion Equipment And Services in 2020.
