Europe Well Completion - Tools Market is Expected to Reach $1.4 billion in 2019 - New Report by MicroMarket Monitor
(PRWEB) August 07, 2014 -- The Well Completion Tools Market in Europe report defines and segments the Well Completion tools market in Europe with analysis and forecast of revenue. The Well Completion tools market in Europe is estimated to grow from around $0.7 billion in 2013 to $1.4 billion by 2019, at a CAGR of 11%, for the given period.
Browse through the TOC of the Well Completion tools Market in Europe 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 Europe, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/europe-well-completion-tools-8537484107.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 Well Completion tools market in Europe.
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Europe is one of the major markets; wherein Norway holds a maximum share in the Well Completion tools market. Norway is the biggest market in Europe, and as of 2013, contributed a major share of around 28% in the Well Completion tools market in Europe.
This market is segmented and forecasted on the basis of types of Well Completion tools , such as Packers, Sand control tools, Multi stage Frac tools, Liner hangers, Smart wells, Safety valves and Others. The market is further segmented and forecasted on the basis of major countries, such as Norway, Russia, The Netherlands, Poland, The U.K. and Others.
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This report also includes the market share, supply chain and value chain analysis, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players including major companies which provide services in Well Completion tools market.
Related Reports:
North 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 North America is expected to reach $7447 million by 2019, at a CAGR of 8.7%, 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 North America market is also split by geography including countries such as U.S., Canada, and Mexico. North America is a major market in well completion which will grow in coming years.
http://www.micromarketmonitor.com/market/north-america-well-completion-tools-3037547127.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.
Market share analysis of the 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/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.
http://www.micromarketmonitor.com/market/south-america-well-completion-tools-7184365696.html
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