Completion, in petroleum production, is the process of making a well ready for production (or injection). This principally involves preparing the bottom of the hole to the required specifications, running in the production tubing and its associated downhole tools as well as perforating and stimulating as required. Sometimes, the process of running in and cementing the casing is also included.Scope of the Report:
Well completion equipment industry concentration is relatively high. The largest producer is Baker Hughes, accounting for 23.02% percent market share in value in 2015, followed by Halliburton, Schlumberger, Weatherford International, these four big companies accounting for 71.54% of total market revenue in 2015. The industry competitive landscape is relatively stable.
The well completion equipment market scale is likely to continue to increase in the next few years. Although sales of well completion equipment brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not enter into the well completion equipment field abruptly.
The worldwide market for Well Completion Equipment is expected to grow at a CAGR of roughly 8.5% over the next five years, will reach 7020 million US$ in 2026, from 4310 million US$ in 2020, according to a new study.
This report focuses on the Well Completion Equipment in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.Market Segment by Manufacturers, this report covers
Delta Oil Tools
Wellcare Oil Tools
Omega Completion Technology
TEAM Oil Tools
Rasson Energy India
SPT Energy Group
COSLMarket Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Market Segment by Type, covers
Traditional Well Completion Equipment
Intelligent Well Completion EquipmentMarket Segment by Applications, can be divided into
Offshore WellsThe content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Well Completion Equipment product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Well Completion Equipment, with price, sales, revenue and global market share of Well Completion Equipment in 2018 and 2019.
Chapter 3, the Well Completion Equipment competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Well Completion Equipment breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, Well Completion Equipment market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026.
Chapter 13, 14 and 15, to describe Well Completion Equipment sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.