Well Completion Equipment And Services Market Scope And Analysis

  • Report Code : TIPRE00006906
  • Category : Manufacturing and Construction
  • No. of Pages : 150
Buy Now

Well Completion Equipment and Service Market Scope, Growth, Size and Share by 2031

Buy Now


Well Completion Equipment and Service Market Report Scope

Report Attribute Details
Market size in 2023 US$ 9,089.58 Million
Market Size by 2031 US$ 14,101.42 Million
Global CAGR (2023 - 2031) 5.6%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Offerings
  • Equipment
  • Service
By Location
  • Onshore and Offshore
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Baker Hughes Company
  • FTS International
  • Halliburton Company
  • Nov Inc
  • NCS Multistage LLC
  • Royal Dutch Shell PLC
  • RPC Incorporated
  • Schlumberger
  • Nine Energy Services
  • Welltec
  • Well Completion Equipment and Service Market News and Recent Developments

    The well completion equipment and service market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the well completion equipment and service market are listed below:

    • Baker Hughes secured a contract from Petrobras to initiate well construction services in the giant Buzios pre-salt field in the Santos basin offshore Brazil. (Source: Baker Hughes, Press Release, February 2024)
    • Halliburton Company and Nabors Industries announced an agreement on leading well construction automation solutions. Under the agreement, Halliburton and Nabors will collaborate on their technologies, including the Halliburton Well Construction 4.0 digital surface and subsurface drilling technologies, the LOGIX Autonomous Drilling Platform, and the Nabors SmartROS universal rig controls and automation platform and RigCLOUD high-performance digital infrastructure platform. (Source: Halliburton Company, Press Release, June 2023)

    Well Completion Equipment and Service Market Report Coverage and Deliverables

    The “Well Completion Equipment and Service Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Well completion equipment and service market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Well completion equipment and service market trends as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST and SWOT analysis
    • Well completion equipment and service market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the well completion equipment and service market
    • Detailed company profiles