Global Well Completion Equipment and Services Market Growth (Status and Outlook) 2023-2029

Global Well Completion Equipment and Services Market Growth (Status and Outlook) 2023-2029

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.

LPI (LP Information)' newest research report, the “Well Completion Equipment and Services Industry Forecast” looks at past sales and reviews total world Well Completion Equipment and Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Well Completion Equipment and Services sales for 2023 through 2029. With Well Completion Equipment and Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Well Completion Equipment and Services industry.

This Insight Report provides a comprehensive analysis of the global Well Completion Equipment and Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Well Completion Equipment and Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Well Completion Equipment and Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Well Completion Equipment and Services 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 Well Completion Equipment and Services.

The global Well Completion Equipment and Services market size is projected to grow from US$ 4257.1 million in 2022 to US$ 4709.2 million in 2029; it is expected to grow at a CAGR of 1.5% from 2023 to 2029.

For the driving factors, Shale gas inflation in the U.S., new additions to recoverable resources, and increase in production rate. Stringent environmental policies and regulations, coupled with a fall in the number of refineries are observed as the major restraining factors for well completion equipment and services market.

This report presents a comprehensive overview, market shares, and growth opportunities of Well Completion Equipment and Services market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Equipment
Services

Segmentation by application
Onshore Wells
Offshore Wells

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
Schlumberger
GE(Baker Hughes)
Weatherford International
Welltec
Packers Plus
Delta Oil Tools
Wellcare Oil Tools
Resource Well
Completion Technologies
Omega Completion Technology
OAO Tyazhpressmash
Mansfield Energy
Completion
Technology Resources
TEAM Oil Tools
Trican

Please note: The report will take approximately 2 business days to prepare and deliver.