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Global Well Completion Equipment Market 2017-2021

Global Well Completion Equipment Market 2017-2021

About Well Completion Equipment

Well completion refers to well activities that make a well capable of production of hydrocarbons. It primarily involves conditioning the well bottom to the required specification. Well completion incorporates steps like running the production casing and tubing, perforation, assembling sand control systems (gravel packing and screens), placing a liner, and installing well head equipment (production tree); this may also involve bottom hole production cementing.

Technavio’s analysts forecast the global well completion equipment market to grow at a CAGR of 2.51% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global well completion equipment market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Well Completion Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Baker Hughes
  • Halliburton
  • Schlumberger
  • Weatherford
  • Welltec
Other prominent vendors
  • American Completion Tools
  • Caledyne
  • Cosmic Petro Services
  • Crossover
  • D&L Oil Tools
  • DEW Wartungs- und Reparatur
  • Drilling Innovative Solutions
  • ESPCT
  • Evolution Oil Tools
  • National Oilwell Varco
  • Statoil
  • Salym Petroleum Development
  • Woodside
  • Emerson Electric
  • INTECH Process Automation
  • Nabors Industries
  • Superior Energy Services
  • Trican Well Service
Market driver
  • Increase in efficient multi-stage fracturing systems.
  • For a full, detailed list, view our report
Market challenge
  • Uncertainties associated with low crude oil prices.
  • For a full, detailed list, view our report
Market trend
  • Increase in global natural gas production.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Technology overview
      • Table Different stages in a typical petroleum value chain
      • Table Stages of petroleum upstream activities
  • Market landscape
    • Market overview
      • Table Global well completion equipment market
    • Market size and forecast
      • Table Global well completion equipment market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global well completion equipment market by application
      • Table Global well completion equipment market by application 2016-2021 (%)
      • Table Global well completion equipment market by application 2016-2021 ($ billions)
    • Global well completion equipment market by onshore application
      • Table Global well completion equipment market by onshore application 2016-2021 ($ billions)
    • Global well completion equipment market by offshore application
      • Table Global well completion equipment market by offshore application 2016-2021 ($ billions)
  • Market segmentation by product type
    • Global well completion equipment market by product type
      • Table Global well completion equipment market by product type 2016-2021 (%)
      • Table Global well completion equipment market by product type 2016-2021 ($ billions)
    • Global well completion equipment market by production casing and tubing
      • Table Global well completion equipment market by production casing and tubing 2016-2021 ($ billions)
    • Global well completion equipment market by well stimulation tools
      • Table Global well completion equipment market by well stimulation tools 2016-2021 ($ billions)
    • Global well completion equipment market by well head equipment
      • Table Global well completion equipment market by well head equipment 2016-2021 ($ billions)
    • Global well completion equipment market by packers
      • Table Global well completion equipment market by packers 2016-2021 ($ billions)
    • Global well completion equipment market by others
      • Table Global well completion equipment market by others 2016-2021 ($ billions)
  • Geographical segmentation
    • Global well completion equipment market by geography
      • Table Global well completion equipment market by geography 2016-2021 (%)
      • Table Global well completion equipment market by geography 2016-2021 ($ billions)
    • Well completion equipment market in Americas
      • Table Well completion equipment market in Americas 2016-2021 ($ billions)
    • Well completion equipment market in APAC
      • Table Well completion equipment market in APAC 2016-2021 ($ billions)
    • Well completion equipment market in EMEA
      • Table Well completion equipment market in EMEA 2016-2021 ($ billions)
  • Market drivers
    • Growing number of global offshore production projects
    • Improvement of recovery rates in mature assets
    • Increase in efficient multi-stage fracturing systems
    • Expanding number of unconventional exploration and production
      • Table International shale gas reserves
    • Migration of drilling into unconventional areas
      • Table Oil and natural gas produced from tight oil and shale gas in US 2005-2020 (%)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Uncertainties associated with low crude oil prices
      • Table Global crude oil price volatility over last decade 2007-2016 ($ per barrel)
    • Complexity in carbonate reservoirs
    • Difficulty in technology development for HPHT operations
      • Table Operating conditions of high temperature and high pressure oil and gas exploration and production zones
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Increase in global natural gas production
      • Table World natural gas consumption 2012-2040 (trillion cubic feet)
      • Table Global increase in natural gas production by country grouping 2012-2040 (trillion cubic feet)
    • Greater use of remote technology
    • Customized well completion systems
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • Baker Hughes
      • Table Baker Hughes: Key product offerings
      • Table Baker Hughes: Key developments
    • Halliburton
      • Table Halliburton: Key product offerings
      • Table Halliburton: Key developments
    • Schlumberger
      • Table Schlumberger: Key product offerings
      • Table Schlumberger: Key developments
    • Weatherford
      • Table Weatherford: Key product offerings
      • Table Weatherford: Key developments
    • Welltec
      • Table Welltec: Key product offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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