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:
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.
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 2023, from 4310 million US$ in 2017, according to a new GIR (Global Info Research) study.
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
Market 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 Equipment
Market Segment by Applications, can be divided into
There are 15 Chapters to deeply display the global Well Completion Equipment market.
Chapter 1, to describe Well Completion Equipment Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Well Completion Equipment, with sales, revenue, and price of Well Completion Equipment, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Well Completion Equipment, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Well Completion Equipment market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Well Completion Equipment sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source