openPR Logo
Press release

Completions Tools Equipment Market is Likely to Increase at a Significantly High CAGR during Forecast Period 2030 | Schlumberger Ltd., Halliburton Co., and Baker Hughes, Inc.

02-16-2024 07:43 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Completions Tools Equipment Market is Likely to Increase at

Completions Tools Equipment Market is anticipated to grow at a significant CAGR during the forecast period. The market growth is majorly attributed to the growth in drilling, exploration and production activities owing to ever increasing energy needs all over the globe. The increasing demand for energy has led to growing pressure on the exploration and production companies to extract more hydrocarbons from existing wells through advanced techniques. As a result, this is likely to foster deep exploration activities on a large scale particularly in Gulf countries, South China Sea and North Sea. This is further anticipated to surge the completions tools equipment demand during the forecast period. Rapid development of alternative resources is also one of the key factors contributing to the market growth. Increased efficiency in deep waters and ultra-deep waters along with enhanced completion efficiency has resulted in maximized production capabilities by market participants. This has led to well completion equipment market demand on a large scale.

Offshore sector is anticipated to be a potential market in the completion tools equipment market as the cost of operation in the offshore locations dropped substantially over the past few years. This has propelled the industry to expedite its expenditure gradually, which is likely to drive the market growth in the future years. Since shale gas is commercially beneficial for the North American region, the exploration and production activities have been increasing at a rapid pace in the region, thus driving the global completions tools equipment market.

To Request a Sample of our Report on Completions Tools Equipment Market: https://www.omrglobal.com/request-sample/completions-tools-equipment-market

Market Coverage

· The market number available for - 2023-2030

· Base year- 2023

· Forecast period- 2024-2030

Segment Covered-

· By Type

· By Application

Regions covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

Competitive Landscape: Schlumberger Ltd., Halliburton Co., and Baker Hughes, Inc., among others.

A full Report of Completions Tools Equipment Market is Available @ https://www.omrglobal.com/industry-reports/completions-tools-equipment-market

Global Completions Tools Equipment Market Report by Segment

By Type

• Casings

• Cementing Materials and Equipment

• Perforating Guns

• Gravel Packing

• Wellheads

By Application

• Onshore

• Offshore

Completions Tools Equipment Market Report by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East and Africa

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/completions-tools-equipment-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Completions Tools Equipment Market is Likely to Increase at a Significantly High CAGR during Forecast Period 2030 | Schlumberger Ltd., Halliburton Co., and Baker Hughes, Inc. here

News-ID: 3387155 • Views:

More Releases from Orion Market Research

Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, …
Infrastructure as Code (IaC) Service Market was valued at approximately USD 0.932 billion, and it's projected to expand to around USD 7.509 billion by 2033, achieving a robust CAGR of 23.2% from 2024 to 2033. Infrastructure as Code (IaC) Service Market Overview The Infrastructure as Code (IaC) Service Market is experiencing remarkable expansion, fueled by the escalating need for scalable, automated infrastructure deployment across cloud and enterprise environments. In 2023, the market
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to Understanding the Process
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to …
Ultra High‐Performance Liquid Chromatography (UHPLC) Columns Market is estimated to be valued at USD 2.5 billion, and is projected to grow to approximately USD 4.8 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.8% from 2024 to 2033. Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market Overview The UHPLC columns market is on a strong growth trajectory, fueled by increasing demand for rapid, high-resolution analytical techniques across pharmaceuticals, biotechnology,
Property Management Service Market Rising Demand and Growth Forecast Through 2033
Property Management Service Market Rising Demand and Growth Forecast Through 203 …
Property Management Service Market was valued at approximately USD 17.3 billion. It is anticipated to reach around USD 32.0 billion by 2033, growing at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2033. Property Management Service Market Overview The Property Management Service Market is witnessing steady growth due to increasing urbanization, rising investments in real estate, and a growing demand for outsourced property management solutions. Property owners are increasingly
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSilicon Technologies Co., Ltd., ZTE Corporation,
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSili …
The global 5G chipset market was valued at USD 33.75 billion in 2024 and is projected to reach USD 502.66 billion by 2033, growing at a compound annual growth rate (CAGR) of 35% from 2025 to 2033. 5G Chipset Market Overview The 5G chipset market is experiencing rapid growth, driven by the global rollout of 5G networks and the increasing demand for high-speed, low-latency connectivity across various applications, including smartphones, IoT

All 5 Releases


More Releases for Equipment

Construction Equipment Rental (Ez Equipment Rental)
Whatever Your Project Needs, We Have The Solution We understand purchasing heavy equipment isn't always the best option for a business, especially if you only need a machine temporarily. EZ Equipment Rental LLC services industrial businesses with the equipment they need to operate, as well as homeowners and handymen tackling residential projects. Our inventory is stocked with bucket trucks, concrete equipment, generators, lighting, pumps, saws, jumping jacks, air compressors, pressure washers, earthmoving
Laboratory Equipment Services Market, By Equipment Type (Analytical Equipment, G …
Laboratory equipment services basically encompass a wide range of services such as repair and maintenance, calibration, and validation that help labs run more efficiently, increase machine uptime, and improve testing and production results. Equipment servicing, user training, installation & modification, maintenance services, and equipment validation and calibration are just a few of the services available. View Detailed Report: https://www.databridgemarketresearch.com/reports/global-laboratory-equipment-services-market Global Laboratory equipment services Market was valued at USD 10.86 billion in 2021
Food Service Equipment Market Size, Share, Trends, Growth Analysis Report By Equ …
The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033 The Business Research Company presents an extensive market research report on the ""Food Service Equipment Global Market Report 2024,"" furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments. Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities,
Coating Equipment Market by Type (Powder coating equipment, Liquid coating equip …
The Coating Equipment Market research report incorporates the scope and objective of the study. Moreover, the report highlights key market segments and players covered. It also covers industry trends, focusing on market use cases and top market size by region, market trends, and global market size. Moreover, the Coating Equipment Market research report covers market growth rate and market share by region. Supply chain analysis, regional marketing analysis, opportunities, challenges,
Global Construction Equipment Rental Market 2018 - Ahern Equipment Rental, Cater …
The global Construction Equipment Rental market research report 2019 -2023 proposes a thorough analysis of the Construction Equipment Rental market globally. The market analysis considerably focuses on providing data to the consumers related to the three major segments, which include the growth rate of the market, the size of the market, and industrial-chain analysis. The Construction Equipment Rental market report provides a wide-range of Construction Equipment Rental market segmentation Earthmoving
Durable Medical Equipment Market Size, Durable Medical Equipment Market Share, D …
According to a new study published by Polaris Market Research the Global Durable Medical Equipment (DME) market is anticipated to reach USD 246.6 billion by 2026. Request for Sample of This Research Report @ https://bit.ly/2PNhMF7 Top Key Players:- Stryker Corporation Medtronic plc Baxter International Medline Industries Becton Dickinson and Company Sunrise Medical (US) LLC Durable Medical Equipment (DME) is provides beneficial benefits to a patient in need because of certain illnesses or/ and medical conditions. The durable medical equipment