Global Completion Equipment and Services Market Growth 2023-2029

Global Completion Equipment and Services Market Growth 2023-2029

Completion equipment and services are essential to complete the drilling process of an oil & gas well so that the production can begin. The completion equipment and services involve various steps, such as well casing, tubing, and installation of well head and lifting equipment for successful gas & oil production

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

This Insight Report provides a comprehensive analysis of the global 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 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 Completion Equipment and Services market.

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

The global Completion Equipment and Services market size is projected to grow from US$ 4322.5 million in 2022 to US$ 4787.6 million in 2029; it is expected to grow at a CAGR of 4787.6 from 2023 to 2029.

United States market for Completion Equipment and Services is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Completion Equipment and Services is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Completion Equipment and Services is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Completion Equipment and Services players cover Baker Hughes (GE), Superior Energy Services, Halliburton, Schlumberger and Weatherford, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
Packers
Sand Control Tools
Multi-Stage Fracturing Tools
Liner Hangers
Smart Wells
Safety Valves
Others

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.
Baker Hughes (GE)
Superior Energy Services
Halliburton
Schlumberger
Weatherford

Key Questions Addressed in this Report

What is the 10-year outlook for the global Completion Equipment and Services market?

What factors are driving Completion Equipment and Services market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Completion Equipment and Services market opportunities vary by end market size?

How does Completion Equipment and Services break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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