Global Well Completion Equipment & Services Market is valued approximately USD 9.8 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 5.78% over the forecast period 2019-2026. Well completion is the method of making a drilled well equipped for production of oil and gas. The equipment that are used to make a well are known as well completion equipment and are employed to reduce installation costs, time, and risks, where the reservoir is solid and well–known. Well completion services include casing, perforating, gravel packing, cementing, and installation of a production plant. The major driving factor for the global well completion equipment and services market includes shale gas inflation in the U.S., new additions to recoverable resources, and increase in production rate. Stringent environmental policies and regulations, coupled with a fall in the number of refineries are observed as the major restraining factors for well completion equipment and services market The technical issues related with production, mechanical and technical issues related with equipment, and well can be resolved by using well completion services system. It helps to reduce damage & operational cost and to increase production.

The regional analysis of global Well Completion Equipment & Services market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World.
North America is a dominant region of the well completion equipment and services market in terms of demand. This can be ascribed to the increase in oil and gas activities in offshore regions of the U.S. New discovery of shale oil in North Dakota in North America has boosted the demand for well completion equipment and services. The well completion equipment and services market has been expanding in countries in Asia Pacific such as India, China, and Japan due to the rise in maritime security activities, growth in offshore oil and gas production activities, and improvement in underwater communications Moreover, Saudi Arabia, Kuwait, and Qatar have been rapidly drilling and producing oil and gas due to the increase in global demand for energy. North America is anticipated to exhibit highest growth rate / CAGR over the forecast period 2016-2026. Factors such as favorable government infrastructure policy and growth in the service sector in the region.

Major market player included in this report are:

  • Baker Hughes Inc
  • FTS International
  • Halliburton Company
  • Nabors Industries Ltd.
  • NCS Multistage
  • Nine Energy Services
  • National Oilwell Varco, Inc.
  • Packers Plus Energy Services Inc.
  • RPC Incorporated


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:


By Type:

  • Packers
  • Sand Control Tools
  • Multistage Fracturing Tools
  • Liner Hangers
  • Smart Wells
  • Valves
  • Others


By Application

  • Onshore
  • Offshore



By Regions:

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • Asia Pacific
  • China
  • India
  • Japan
  • Latin America
  • Brazil
  • Mexico
  • Rest of the World


Furthermore, years considered for the study are as follows:

  • Historical year – 2016, 2017
  • Base year – 2018
  • Forecast period – 2019 to 2026


Target Audience of the Global Well Completion Equipment & Services Market in Market Study:

  • Key Consulting Companies & Advisors
  • Large, medium-sized, and small enterprises
  • Venture capitalists
  • Value-Added Resellers (VARs)
  • Third-party knowledge providers
  • Investment bankers
  • Investors