North America Well Completion - Tools Market is Expected to Reach $7.4 Billion in 2019 - New Report by MicroMarket Monitor
(PRWEB) August 11, 2014 -- The Well Completion Tools Market in North America report defines and segments the well completion tools market in North America with analysis and forecast of revenue. The well completion tools market in North America is estimated to grow from around $4.4 billion in 2013 to $7.4 billion by 2019, at a CAGR of 8.7% from 2014 to 2019.
Browse through the TOC of the Well Completion tools Market in North America report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the well completion tools market in North America, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/north-america-well-completion-tools-3037547127.html
Rising energy demand, redevelopment of mature oil field wells, increasing exploration and production activities in shale reservoirs, and commercially viable offshore drilling at multiple depths are some of the key drivers for the well completion tools market in North America.
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North America is the major market for well completion tools, wherein the U.S. holds the maximum share. The U.S. is biggest market in North America, and as of 2013, contributed a major share of more than 50% in the well completion tools market.
This market is segmented and forecast on the basis of types of well completion tools, such as packers, sand control tools, multi stage frac tools, liner hangers, smart wells, and safety valves. The market is further segmented and forecast on the basis of major countries, such as the U.S., Canada, and Mexico.
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This report includes the market share, supply chain, and value chain analysis, besides market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players, including major companies which provide services in well completion tools market.
Related Reports:
Europe Well Completion - Tools Market
The well completion equipment are used for packing and sand controlling. The well completion services include performing casing, cementing, perforating, gravel packing, and installing a production tree for the well to start production. The growing demand for offshore and onshore activities leads to increase in new oil and gas field, which ultimately expands the well completion market. The well completion market in Europe is expected to reach $1377 million by 2019, at a CAGR of 11.3%, from 2014 to 2019.
The well completion equipment market by types covers packers, sand control tools, multi-stage fracturing tools, liner hangers, smart wells, and safety valves. The Europe market is also split by geography including countries such as Russia, Netherlands, Norway, Poland, and the U.K.
Market share analysis of top companies is validated based on key facts, annual financial information, and interview with key expert such as CEOS, directors, and marketing executives.
http://www.micromarketmonitor.com/market/europe-well-completion-tools-8537484107.html
Asia-Pacific Well Completion - Tools Market
The well completion equipment are used for packing and sand controlling. The well completion services include performing casing, cementing, perforating, gravel packing, and installing a production tree for the well to start production. The growing demand for offshore and onshore activities leads to increase in new oil and gas field, which ultimately expands the well completion market. The well completion market in Asia Pacific is expected to reach $4,012 million by 2019, at a CAGR of 10.5%, from 2014 to 2019.
The well completion equipment market by types covers packers, sand control tools, multi-stage fracturing tools, liner hangers, smart wells, and safety valves. The Asia-Pacific market is also split by geography including countries such as Australia, China, India, Indonesia, Malaysia, Thailand, and Vietnam. Asia Pacific is one of the major markets in well completion, which will grow further in the coming years.
http://www.micromarketmonitor.com/market/asia-pacific-well-completion-tools-2778592532.html
South America Well Completion - Tools Market
The well completion equipment are used for packing and sand controlling. The well completion services include performing casing, cementing, perforating, gravel packing, and installing a production tree for the well to start production. The growing demand for offshore and onshore activities leads to increase in new oil and gas field, which ultimately expands the well completion market. The well completion market in South America is expected to reach $3105 million by 2019, at a CAGR of 16.3% from 2014 to 2019.
The well completion equipment market by types covers packers, sand control tools, multi-stage fracturing tools, liner hangers, smart wells, and safety valves. The South America market is also split by geography including countries such as Argentina, Brazil, Colombia, Ecuador, Trinidad & Tobago, Peru, and Venezuela.
Market share analysis of top companies is validated based on key facts, annual financial information, and interview with key expert such as CEOS, directors, and marketing executives.
In order to present an in-depth understanding of competitive landscape, the well completion report consists of profile of some major players such as Halliburton (U.S.), Baker Hughes (U.S.), Weatherford (Switzerland), and Schlumberger (U.S.).
http://www.micromarketmonitor.com/market/south-america-well-completion-tools-7184365696.html
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