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Global Well Completion Equipment Market Research Report 2024
Synopsis
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.
This report 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.
The global Well Completion Equipment market was valued at US$ 7753.1 million in 2023 and is anticipated to reach US$ 14090 million by 2030, witnessing a CAGR of 8.8% during the forecast period 2024-2030.
Schlumberger was the world's biggest manufacturer in the Well Completion Equipment industry, accounted for 16.4% market share of the global market, followed by Baker Hughes, Halliburton, 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.The top 5 companies had a combined market share of 61% of the global total.North America was the largest consumption area in the world in 2018.
This report aims to provide a comprehensive presentation of the global market for Well Completion Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Well Completion Equipment.
Report Scope
The Well Completion Equipment market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Well Completion Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Well Completion Equipment manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Traditional Well Completion Equipment
Intelligent Well Completion Equipment
Segment by Application
Onshore Wells
Offshore Wells
Production by Region
North America
Europe
China
Japan
India
Australia
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Well Completion Equipment manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Well Completion Equipment by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Well Completion Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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.
This report 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.
The global Well Completion Equipment market was valued at US$ 7753.1 million in 2023 and is anticipated to reach US$ 14090 million by 2030, witnessing a CAGR of 8.8% during the forecast period 2024-2030.
Schlumberger was the world's biggest manufacturer in the Well Completion Equipment industry, accounted for 16.4% market share of the global market, followed by Baker Hughes, Halliburton, 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.The top 5 companies had a combined market share of 61% of the global total.North America was the largest consumption area in the world in 2018.
This report aims to provide a comprehensive presentation of the global market for Well Completion Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Well Completion Equipment.
Report Scope
The Well Completion Equipment market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Well Completion Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Well Completion Equipment manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Traditional Well Completion Equipment
Intelligent Well Completion Equipment
Segment by Application
Onshore Wells
Offshore Wells
Production by Region
North America
Europe
China
Japan
India
Australia
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Well Completion Equipment manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Well Completion Equipment by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Well Completion Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Well Completion Equipment Market Overview
1.1 Product Definition
1.2 Well Completion Equipment Segment by Type
1.2.1 Global Well Completion Equipment Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Traditional Well Completion Equipment
1.2.3 Intelligent Well Completion Equipment
1.3 Well Completion Equipment Segment by Application
1.3.1 Global Well Completion Equipment Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Onshore Wells
1.3.3 Offshore Wells
1.4 Global Market Growth Prospects
1.4.1 Global Well Completion Equipment Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Well Completion Equipment Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Well Completion Equipment Production Estimates and Forecasts (2019-2030)
1.4.4 Global Well Completion Equipment Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Well Completion Equipment Production Market Share by Manufacturers (2019-2024)
2.2 Global Well Completion Equipment Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Well Completion Equipment, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Well Completion Equipment Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Well Completion Equipment Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Well Completion Equipment, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Well Completion Equipment, Product Offered and Application
2.8 Global Key Manufacturers of Well Completion Equipment, Date of Enter into This Industry
2.9 Well Completion Equipment Market Competitive Situation and Trends
2.9.1 Well Completion Equipment Market Concentration Rate
2.9.2 Global 5 and 10 Largest Well Completion Equipment Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Well Completion Equipment Production by Region
3.1 Global Well Completion Equipment Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Well Completion Equipment Production Value by Region (2019-2030)
3.2.1 Global Well Completion Equipment Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Well Completion Equipment by Region (2025-2030)
3.3 Global Well Completion Equipment Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Well Completion Equipment Production by Region (2019-2030)
3.4.1 Global Well Completion Equipment Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Well Completion Equipment by Region (2025-2030)
3.5 Global Well Completion Equipment Market Price Analysis by Region (2019-2024)
3.6 Global Well Completion Equipment Production and Value, Year-over-Year Growth
3.6.1 North America Well Completion Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Well Completion Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Well Completion Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Well Completion Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.5 India Well Completion Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.6 Australia Well Completion Equipment Production Value Estimates and Forecasts (2019-2030)
4 Well Completion Equipment Consumption by Region
4.1 Global Well Completion Equipment Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Well Completion Equipment Consumption by Region (2019-2030)
4.2.1 Global Well Completion Equipment Consumption by Region (2019-2024)
4.2.2 Global Well Completion Equipment Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Well Completion Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Well Completion Equipment Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Well Completion Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Well Completion Equipment Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Well Completion Equipment Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Well Completion Equipment Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Well Completion Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Well Completion Equipment Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Well Completion Equipment Production by Type (2019-2030)
5.1.1 Global Well Completion Equipment Production by Type (2019-2024)
5.1.2 Global Well Completion Equipment Production by Type (2025-2030)
5.1.3 Global Well Completion Equipment Production Market Share by Type (2019-2030)
5.2 Global Well Completion Equipment Production Value by Type (2019-2030)
5.2.1 Global Well Completion Equipment Production Value by Type (2019-2024)
5.2.2 Global Well Completion Equipment Production Value by Type (2025-2030)
5.2.3 Global Well Completion Equipment Production Value Market Share by Type (2019-2030)
5.3 Global Well Completion Equipment Price by Type (2019-2030)
6 Segment by Application
6.1 Global Well Completion Equipment Production by Application (2019-2030)
6.1.1 Global Well Completion Equipment Production by Application (2019-2024)
6.1.2 Global Well Completion Equipment Production by Application (2025-2030)
6.1.3 Global Well Completion Equipment Production Market Share by Application (2019-2030)
6.2 Global Well Completion Equipment Production Value by Application (2019-2030)
6.2.1 Global Well Completion Equipment Production Value by Application (2019-2024)
6.2.2 Global Well Completion Equipment Production Value by Application (2025-2030)
6.2.3 Global Well Completion Equipment Production Value Market Share by Application (2019-2030)
6.3 Global Well Completion Equipment Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Baker Hughes
7.1.1 Baker Hughes Well Completion Equipment Corporation Information
7.1.2 Baker Hughes Well Completion Equipment Product Portfolio
7.1.3 Baker Hughes Well Completion Equipment Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Baker Hughes Main Business and Markets Served
7.1.5 Baker Hughes Recent Developments/Updates
7.2 Halliburton
7.2.1 Halliburton Well Completion Equipment Corporation Information
7.2.2 Halliburton Well Completion Equipment Product Portfolio
7.2.3 Halliburton Well Completion Equipment Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Halliburton Main Business and Markets Served
7.2.5 Halliburton Recent Developments/Updates
7.3 Schlumberger
7.3.1 Schlumberger Well Completion Equipment Corporation Information
7.3.2 Schlumberger Well Completion Equipment Product Portfolio
7.3.3 Schlumberger Well Completion Equipment Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Schlumberger Main Business and Markets Served
7.3.5 Schlumberger Recent Developments/Updates
7.4 Weatherford International
7.4.1 Weatherford International Well Completion Equipment Corporation Information
7.4.2 Weatherford International Well Completion Equipment Product Portfolio
7.4.3 Weatherford International Well Completion Equipment Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Weatherford International Main Business and Markets Served
7.4.5 Weatherford International Recent Developments/Updates
7.5 Welltec
7.5.1 Welltec Well Completion Equipment Corporation Information
7.5.2 Welltec Well Completion Equipment Product Portfolio
7.5.3 Welltec Well Completion Equipment Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Welltec Main Business and Markets Served
7.5.5 Welltec Recent Developments/Updates
7.6 Packers Plus
7.6.1 Packers Plus Well Completion Equipment Corporation Information
7.6.2 Packers Plus Well Completion Equipment Product Portfolio
7.6.3 Packers Plus Well Completion Equipment Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Packers Plus Main Business and Markets Served
7.6.5 Packers Plus Recent Developments/Updates
7.7 National Oilwell Varco
7.7.1 National Oilwell Varco Well Completion Equipment Corporation Information
7.7.2 National Oilwell Varco Well Completion Equipment Product Portfolio
7.7.3 National Oilwell Varco Well Completion Equipment Production, Value, Price and Gross Margin (2019-2024)
7.7.4 National Oilwell Varco Main Business and Markets Served
7.7.5 National Oilwell Varco Recent Developments/Updates
7.8 Forum Energy Technologies
7.8.1 Forum Energy Technologies Well Completion Equipment Corporation Information
7.8.2 Forum Energy Technologies Well Completion Equipment Product Portfolio
7.8.3 Forum Energy Technologies Well Completion Equipment Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Forum Energy Technologies Main Business and Markets Served
7.7.5 Forum Energy Technologies Recent Developments/Updates
7.9 CNPC
7.9.1 CNPC Well Completion Equipment Corporation Information
7.9.2 CNPC Well Completion Equipment Product Portfolio
7.9.3 CNPC Well Completion Equipment Production, Value, Price and Gross Margin (2019-2024)
7.9.4 CNPC Main Business and Markets Served
7.9.5 CNPC Recent Developments/Updates
7.10 Wellcare Oil Tools
7.10.1 Wellcare Oil Tools Well Completion Equipment Corporation Information
7.10.2 Wellcare Oil Tools Well Completion Equipment Product Portfolio
7.10.3 Wellcare Oil Tools Well Completion Equipment Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Wellcare Oil Tools Main Business and Markets Served
7.10.5 Wellcare Oil Tools Recent Developments/Updates
7.11 Schoeller-Bleckmann
7.11.1 Schoeller-Bleckmann Well Completion Equipment Corporation Information
7.11.2 Schoeller-Bleckmann Well Completion Equipment Product Portfolio
7.11.3 Schoeller-Bleckmann Well Completion Equipment Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Schoeller-Bleckmann Main Business and Markets Served
7.11.5 Schoeller-Bleckmann Recent Developments/Updates
7.12 Completion Technology Resources
7.12.1 Completion Technology Resources Well Completion Equipment Corporation Information
7.12.2 Completion Technology Resources Well Completion Equipment Product Portfolio
7.12.3 Completion Technology Resources Well Completion Equipment Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Completion Technology Resources Main Business and Markets Served
7.12.5 Completion Technology Resources Recent Developments/Updates
7.13 Innovex Downhole Solutions
7.13.1 Innovex Downhole Solutions Well Completion Equipment Corporation Information
7.13.2 Innovex Downhole Solutions Well Completion Equipment Product Portfolio
7.13.3 Innovex Downhole Solutions Well Completion Equipment Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Innovex Downhole Solutions Main Business and Markets Served
7.13.5 Innovex Downhole Solutions Recent Developments/Updates
7.14 SPT Energy Group
7.14.1 SPT Energy Group Well Completion Equipment Corporation Information
7.14.2 SPT Energy Group Well Completion Equipment Product Portfolio
7.14.3 SPT Energy Group Well Completion Equipment Production, Value, Price and Gross Margin (2019-2024)
7.14.4 SPT Energy Group Main Business and Markets Served
7.14.5 SPT Energy Group Recent Developments/Updates
7.15 Yantai Jereh
7.15.1 Yantai Jereh Well Completion Equipment Corporation Information
7.15.2 Yantai Jereh Well Completion Equipment Product Portfolio
7.15.3 Yantai Jereh Well Completion Equipment Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Yantai Jereh Main Business and Markets Served
7.15.5 Yantai Jereh Recent Developments/Updates
7.16 Petro-king
7.16.1 Petro-king Well Completion Equipment Corporation Information
7.16.2 Petro-king Well Completion Equipment Product Portfolio
7.16.3 Petro-king Well Completion Equipment Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Petro-king Main Business and Markets Served
7.16.5 Petro-king Recent Developments/Updates
7.17 COSL
7.17.1 COSL Well Completion Equipment Corporation Information
7.17.2 COSL Well Completion Equipment Product Portfolio
7.17.3 COSL Well Completion Equipment Production, Value, Price and Gross Margin (2019-2024)
7.17.4 COSL Main Business and Markets Served
7.17.5 COSL Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Well Completion Equipment Industry Chain Analysis
8.2 Well Completion Equipment Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Well Completion Equipment Production Mode & Process
8.4 Well Completion Equipment Sales and Marketing
8.4.1 Well Completion Equipment Sales Channels
8.4.2 Well Completion Equipment Distributors
8.5 Well Completion Equipment Customers
9 Well Completion Equipment Market Dynamics
9.1 Well Completion Equipment Industry Trends
9.2 Well Completion Equipment Market Drivers
9.3 Well Completion Equipment Market Challenges
9.4 Well Completion Equipment Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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