MRRS adds "Completion Equipment and Services Market by Type (Packers, Sand Control Tools, Multi-Stage Fracturing Tools, Liner Hangers, Smart Wells, Safety Valves, and Other), by Application (Onshore, Offshore) & Geography – Global Trends & Forecast to 2019" latest studies, published in January 2017. It is a professional and in-depth study.

This report estimates the completion equipment and services market size in terms of $million. This has been broken down into component regions and further split into countries.

Completion equipment and services are required to complete the drilling process of an oil & gas well to commence production. The ever-increasing exploration & production activities across the globe and new areas of unconventional resources are the main drivers of the completion equipment and services market. However, issues associated with the environment and increased seismic activities have slowed down the growth of this market.

In addition, the growth of the completion equipment and services market is directly proportional to the on-going drilling and completion activities around the world. On the basis of various factors such as geological condition, type of reservoir etc., different types of completion equipment and services are required to assist the drilling & exploration activities.

Growth in drilling and exploration activities is attributed to the continuous increase in world energy demand. These activities are expected to grow further as the world energy demand for oil would reach around 4 GTOE by 2020. This rise has resulted in increased drilling and completion activities across geographies. It has also put pressure to extract more from each well, and thus, further deep exploration is carried out. This increase in drilling activities has raised the requirement for completion equipment and services.

Various secondary sources such as encyclopedia, directories, and databases have been used to identify and collect information useful for this extensive commercial study of the global completion equipment and services market. Primary sources such as experts from industry and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects of the completion equipment and services market.

Leading market players of this industry have also been profiled with their recent developments and other strategic industry activities. These include Baker Hughes (U.S.), Superior Energy Services (U.S.), Halliburton (U.S.), Schlumberger (U.S.), and Weatherford International Inc. (U.S.) among others.

North America accounted for more than 40% of the total market share in 2014. In North America, the U.S. is the largest market, and is led by Halliburton (U.S.), Schlumberger (U.S.), Baker Hughes (U.S.), and Superior Energy Services (U.S.). On the other hand, Chinese and a few Asian players are expected to grow in the near future.

The completion equipment and services market has been segmented in six regions, namely North America, South America, Europe, Africa, Asia-Pacific, and the Middle East. The report also touches on various other important aspects of the market. It includes an analysis of the value chain, Porter’s Five Forces’ analysis, and a competitive landscape. In addition, 11 key players of this market have also been profiled.

Table Of Contents
5 MARKET OVERVIEW 36
5.1 INTRODUCTION 37
5.2 BY TYPE 38
5.2.1 PACKERS 38
5.2.2 SAND CONTROL TOOLS 38
5.2.3 MULTI-STAGE FRACTURING TOOLS 38
5.2.4 LINER HANGERS 38
5.2.5 SMART WELLS 38
5.2.6 SAFETY VALVES 38
5.2.7 OTHERS 39
5.3 MARKET DYNAMICS 39
5.3.1 DRIVERS 40
5.3.1.1 Increase in energy demand 40
5.3.1.2 Development of new fields 40
5.3.1.3 Rise in investments in exploration & production activities 41
5.3.1.4 Shale revolution 41
5.3.2 RESTRAINTS 41
5.3.2.1 Strict government regulations 41
5.3.2.2 Declining number of oil rigs in the U.S. 42
5.3.3 OPPORTUNITIES 42
5.3.3.1 Focus on deepwater drilling 42
5.3.3.2 Arctic explorations 42
5.3.4 CHALLENGES 43
5.3.4.1 Current low oil prices carry geopolitical consequences 43
5.3.4.2 HPHT completion challenges 43
....

Browse Complete Report with TOC @
http://www.marketresearchreportstore.com/shop/completion-equipment-and-services-market-by-type-packers-sand-control-tools-multi-stage-fracturing-tools-liner-hangers-smart-wells-safety-valves-and-other-by-application-onshore-offshore

Ask a sample and any further questions, please feel free to contact us:
Tel: +00-1-626-3463946 - U.S
Email: [email protected]
Web: http://www.marketresearchreportstore.com/

About Market Research Report Store
Since the establishment, Market Research Report Store has determined to take the online market research reports platform to the next level. With our passion and profession, we are designed to be the best among the bests.
Market Research Report Store is one of the most fast-growing and professional online platforms for industry reports, market reports, and professional surveys. Our collection covers more than 100 global markets. We have cooperated with leading publishers and consultant companies to offer the best market intelligence products to our clients with instant access to our database.