Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*
Well Completion Market: Global Opportunity Analysis and Industry Forecast 2020-2027
| A08606 | Pages: NA | Aug 2021 | 190 Views | | |
| Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Well Completion Market: Global Opportunity Analysis and Industry Forecast 2020-2027
Request Now !Worldwide demand for energy has been expanding quickly. This has prompted a rise in oil & gas exploration and production exercises. Well completion equipment and services are required for drilling procedure in oil & gas production exercises. New discoveries of unconventional resources have expanded demand for well completion equipment. Increment in energy exploration and production boosts the market for well completion equipment and services. Well completions define the process of deeming well for a commercial operation. The well starts producing fluids normally after well completion is deployed successfully. This procedure includes strengthening well opening with casing, assessing the weight and temperature of the arrangement, and afterward installing best possible gear to guarantee an effective flow of gaseous petrol out of the well. The purpose of well completion is to connect the reservoir to the surface so that fluids can be produced from or injected into the reservoir.Â
Market scope and structure analysis
Report Metric | Details |
 Market size available for years |  2019 –2027    |
 Base year considered |  2019                   |
 Forecast period |  2020–2027                            |
 Forecast units |  Billions (USD) |
 Segments covered |  Type, Application, and Region |
 Regions covered | North America (US and Canada), Europe (Germany, UK, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and LAMEA (Brazil, South Africa, and rest of LAMEA)       |
 Companies covered | Key players involved in Global Three-phase Separator Market in the Oil & gas Industry GE Oil & gas (U.S.), Weatherford International (U.S.), Schlumberger (U.S.), Superior Energy Services (U.S.), Pioneer Energy Services Corp. (U.S.), C&J Energy Services Ltd. (U.S.). National Oilwell Varco, Inc. (U.S.), Halliburton (U.S.), Basic Energy Services, Inc. (U.S.), Wild Well Control Inc. (U.S.), Wireline Engineering Ltd. (UK), CGG (France), and SGS (Switzerland) |
Â
COVID-19 scenario analysis:
- The global market for well completions is severely impacted by the outbreak of the COVID-19 pandemic.Â
- The COVID-19 pandemic led to a decline in the economic growth in almost all major countries, thus affecting consumer spending patterns.Â
- Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply–demand gap.
- Thus, insufficiency in raw material supply is expected to hamper the production rate of well completions, which negatively impact the market growth.Â
Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
Onshore dominates the application segment of the well completion market. Expansion of the onshore segment is driven by rise in oilfield recovery, elimination of non-productive time. Well completion equipment helps in diminishing stimulation time and improves well performance in horizontal wells. Th well completion market additionally has a few restrictions. The oil & gas industry has been encountering weak demand and low costs since recent couple of years. In addition, it is hard to get ready for the future and make strategic decisions for starting oil & gas production attributable to fluctuating crude oil costs globally.
New product launches to flourish the marketÂ
National Oilwell Varco (NOV) launched new tectonic Pursuit series drill bits for the U.S. market. As the U.S. drilling market continues to evolve, operators and drillers chasing target zones that are deeper and farther than ever before. Interest bores are designed to upgrade expanding drilling and penetrating proficiency, empowering administrators and drillers to finish them quicker at lower cost. The boring tools use computerized examination of torque reaction alongside a torque decrease segment to improve directional control and lessen sliding times. Â Furthermore, Pursuit drills are designed with material improvements that convey increased strength and durability, and cutter life has been boosted by minimizing thermal deprivation.
Surge in usage in onshore applications
Rising need for oil & gas with crude oil arise the need for more well completion. The onshore dominates the application segment of the well completion market. Development of the onshore segment is driven by the rise in oilfield recovery, eradication of non-productive time, and increment in productivity through the design of integrated workflows. Cost incurred for oil & gas exercises, for example, drilling and well completion, are lesser for onshore than those of offshore applications.
Key segments covered:
Segments | Subsegments |
 Type |
|
 Application |
|
Key benefits of the report:
- This study presents the analytical depiction of the global Well Completion market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Well Completion market.
- The current market is quantitatively analysed from 2020 to 2027 to highlight the global Well Completion market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.Â
- The report provides a detailed global well completion market analysis based on competitive intensity and how the competition will take shape in coming years.Â
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Well Completion Market: Global Opportunity Analysis and Industry Forecast 2020-2027
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers