Global Well Completion Equipment Market growing at a CAGR of 7.5% between 2018 and 2025

This report studies the Well Completion Equipment market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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.

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 global Well Completion Equipment market was 4310 million US$ in 2017 and is expected to 7670 million US$ by the end of 2025, growing at a CAGR of 7.5% between 2018 and 2025.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Well Completion Equipment in these regions, from 2013 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

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Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Baker Hughes

Halliburton

Schlumberger

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

Rasson Energy India

SPT Energy Group

Yantai Jereh

Petro-king

COSL

By the product type, the market is primarily split into

Traditional Well Completion Equipment

Intelligent Well Completion Equipment

By the end users/application, this report covers the following segments

Onshore Wells

Offshore Wells

We can also provide the customized separate regional or country-level reports, for the following regions:

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

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