Increase in the number of horizontal wells in the U.S. along with increase in oil & shale gas production per rig in the U.S. is a key factor driving the growth of the market. Increasing investment in different exploration & production activities across North America are the other factors that will foster the growth of the market. However, growing environmental concerns and rise in seismic activities are the factors hampering the growth of the market. Oil prices estimated to rise till 2025 and new opportunities for investments in the U.S. & Canadian crude oil industry are the factors that will offer ample growth opportunities in the market. Physical conditions such as high pressure and temperature offer challenging environment hampering the growth of the market.
The report segments the North America completion equipment and services market on the basis of types, application and geography. On the basis of types, the market is segmented into packers, gravel pack systems, multi-stage fracturing tools, sand control tools, smart wells, liner hangers, safety valves, among others. Based on applications, the market is segmented into onshore and offshore. The offshore market is further segmented into various regions such as U.S., Canada & Mexico. These regions are further segmented on the basis of types and applications.
These include Baker Hughes, Superior Energy Services, Halliburton, Schlumberger, and Weatherford International Inc., among others.
KEY BENEFITS FOR STAKEHOLDERS:
The report provides a comprehensive analysis of current & future market trends and emerging avenues for the growth of the market across North America.
The report offers an overview of changing market dynamics in terms of regional and global perspectives of buying behavior of completion equipment.
The report offers an insight into competitive landscape in terms of new technological developments, untapped segments, and value chain analysis.
This report entails the detailed quantitative analysis of the current market and estimations through 2014 and 2020, which assists in identifying the prevailing market opportunities.
The report analyses the top impacting factors in detail and offers adoption rate analysis of the market on the basis of different segment across different countries.
Comprehensive coverage of product approvals and pipeline products is offered in the report.
The report offers strategic analysis of financial status of key market players, and highlights market share of key vendors.
The report offers information on the status of new projects along with offering investment feasibility analysis of the same.
NORTH AMERICA WELL COMPLETION AND EQUIPMENT SERVCIES KEY MARKET SEGMENTS:
North America Well Completion and Equipment Services Market- By Type
Sand Control Tools
North America Onshore Sand Control Systems
North America Offshore Sand Control Systems
Gravel Pack Systems
Frac Pack Systems
Inflow Control Devices
Multi-Stage Fracturing Tools
North America Well Completion Equipment & Services By Application
Onshore Well Completion Equipment & Services Market
Offshore Well Completion Equipment & Services Market
North America Well Completion Equipment & Services Market
North America Well Completion Equipment & Services, By Country
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, 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
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.