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Los Angeles, CA -- (SBWire) -- 10/05/2018 --This study focuses on the production side and consumption side of Well Completion Equipment, presents the global Well Completion Equipment market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Well Completion Equipment capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Well Completion Equipment by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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.

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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 Well Completion Equipment market was valued at 4310 Million US$ in 2017 and is projected to reach 7670 Million US$ by 2025, at a CAGR of 7.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Well Completion Equipment.
This report includes the following manufacturers; we can also add the other companies as you want.
- Baker Hughes
- Halliburton
- Schlumberger
- Weatherford International
- Welltec
- Packers Plus
- Delta Oil Tools
- Wellcare Oil Tools
- Resource Well
- Completion Technologies

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Market Segment by Product Type
- Traditional Well Completion Equipment
- Intelligent Well Completion Equipment
Market Segment by Application
- Onshore Wells
- Offshore Wells
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