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Download Free sampleCompletion, 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 Market covers traditional and intelligent completions equipment.
Between these, intelligent completions incorporate permanent downhole sensors and surface-controlled downhole flow control valves, enabling the operators to monitor, evaluate, and actively manage production (or injection) in real time without any well interventions. Data are transmitted to surface for local or remote monitoring.
Well Completion Equipment Market contains market size and forecasts of Well Completion Equipment in global, including the following market information:
Global Well Completion Equipment Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Well Completion Equipment Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Well Completion Equipment companies in 2021 (%)
The global Well Completion Equipment market was valued at 7977.6 million in 2021 and is projected to reach US$ 14050 million by 2028, at a CAGR of 8.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Traditional Well Completion Equipment Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Well Completion Equipment include Baker Hughes, Halliburton, Schlumberger, Weatherford International, Welltec, Packers Plus, National Oilwell Varco, Forum Energy Technologies and CNPC, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Well Completion Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Well Completion Equipment Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Well Completion Equipment Market Segment Percentages, by Type, 2021 (%)
Traditional Well Completion Equipment
Intelligent Well Completion Equipment
Global Well Completion Equipment Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Well Completion Equipment Market Segment Percentages, by Application, 2021 (%)
Onshore Wells
Offshore Wells
Global Well Completion Equipment Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Well Completion Equipment Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Well Completion Equipment revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Well Completion Equipment revenues share in global market, 2021 (%)
Key companies Well Completion Equipment sales in global market, 2017-2022 (Estimated), (Units)
Key companies Well Completion Equipment sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Baker Hughes
Halliburton
Schlumberger
Weatherford International
Welltec
Packers Plus
National Oilwell Varco
Forum Energy Technologies
CNPC
Wellcare Oil Tools
Schoeller-Bleckmann
Completion Technology Resources
Innovex Downhole Solutions
SPT Energy Group
Yantai Jereh
Petro-king
COSL
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