세계의 유정 완결 장비 및 서비스 시장 예측(-2028년) - 유형별, 용도별, 지역별 분석

According to Stratistics MRC, the Global Completion Equipment & Services Market is accounted for $7.76 billion in 2022 and is expected to reach $11.53 billion by 2028 growing at a CAGR of 6.83% during the forecast period. An oil and gas well must be completely drilled before production can start, which necessitates completion equipment and services. For successful gas and oil production, the completion equipment and services involve a number of steps, including well casing, tubing, and the installation of the well head and lifting equipment.

According to India Brand Equity Foundation (IBEF), India's demand for energy is anticipated to double from 700.50 MTOE (Million Tons of Oil Equivalent) in 2015 to 1,516 MTOE in 2035. Major players are focused on enhancing production capacities to meet increasing demand of this region.

Market Dynamics:

Driver:

Increasing demand for oil and gas across the globe

The main factors driving the growth of the completion equipment and services market are the rising developments for unconventional and offshore oil reserves, increased exploration and production activities, and growing energy demands worldwide. Large sums of money are being invested by various players in the exploration and production of oil sites, which is further boosting the market's expansion. The completion equipment and services market is also being driven by rising developments in unconventional and offshore exploration and production.

Restraint:

High capital investment and the need for specialized skills

The development of the market for completion equipment and services is being constrained by technological constraints, which is another significant factor. The market for completion equipment and services is no different from the oil and gas sector in terms of its capital-intensive nature. The two primary technological barriers preventing the market from growing are the high cost of investment and the requirement for specialized skills.

Opportunity:

Growing explorations of new production sites

The market for completion equipment and services has tremendous growth potential as a result of the trend toward deep-water drilling and the expanding Arctic region's exploration of new production sites. Additionally, oil prices have started to rise in recent months after a period of sustained lows. Higher oil prices result in increased exploration and production activity, which in turn fuels demand for completion equipment and services, which is optimistic for the market.

Threat:

Regulatory and Environmental issues

Environmental restrictions are another factor that is limiting the market's expansion. The extraction and production of oil and gas use completion tools and services, which contribute significantly to greenhouse gas emissions. Additionally, it is challenging for the market to expand due to the strict environmental regulations that are being imposed by various governments.

COVID-19 Impact:

The COVID-19 impact has caused the entire oil and gas industry to reduce spending further, experience decreased demand, and create more uncertainty. Oil and gas power plants have scaled back their operations, stopping several construction, operation, and maintenance projects in the process. As a result, it's difficult for many oil wells to be maintained and run efficiently. A further challenge for oil and gas producers is obtaining project financing or equity capital due to the COVID-19 pandemic. However, it is anticipated that industrial equipment production will pick up steam starting in 2021, which is further anticipated to positively impact the manufacturing of industrial equipment, including completion equipment and services.

The offshore segment is expected to be the largest during the forecast period

Because of the depletion of shallow-water reserves, the offshore oil and gas industry is shifting toward deeper waters. The situation has caused the distance between the shore and the offshore platform to increase. Due to this, the offshore segment is expected to be the largest during the forecast period. Additionally, major operators have announced plans to invest in a number of deepwater projects as a result of the higher oil prices and lower breakeven prices. The offshore oil and gas industry's spending increased significantly as a result of this development.

The packers segment is expected to have the highest CAGR during the forecast period

During the forecast period, the packers segment is anticipated to grow at the highest rate. Packers are the most typical and frequently utilized piece of completion equipment. Even though it is less expensive than other types of equipment, the market is growing because of the large number of units that are being used.

Region with largest share:

The completion equipment and services market is expected to be dominated by North America over the forecast period. The production of unconventional fossil fuels, particularly shale gas and tight oil, has increased significantly in the United States and Canada as a result of technological advancements like horizontal drilling and hydraulic fracturing. During the forecast period, the United States is anticipated to grow strongly. The United States was a significant oil-importing nation. After Saudi Arabia, the United States is now the second-largest oil producer owing to the shale revolution.

Region with highest CAGR:

In the anticipated time frame, Asia-Pacific is anticipated to experience the highest growth. Some of the most populous nations in the world, including China and India, are in Asia, which is also the region of the world with the fastest growth. The Asia-Pacific region is expanding as a result of the region's high energy needs and ongoing efforts to find unconventional hydrocarbon reserves. Due to the abundance of hydrocarbon reserves and supportive government policies for the discovery and production of oil and gas reserves, China dominates the Asia-Pacific market.

Key players in the market:

Some of the key players profiled in the Completion Equipment & Services Market include Baker Hughes Inc., FTS International Inc., Halliburton Company, Nabors Industries Ltd, National Oilwell Varco Inc., NCS Multistage LLC, Nine Energy Services Inc, Packers Plus Energy Services Inc., Schlumberger Ltd, Superior Energy Services, Weatherford International PLC and Welltec A/S.

Key Developments:

In January 2023, Baker Hughes announced a memorandum of understanding (MoU) with Fortescue Future Industries (FFI) to jointly explore potential opportunities for the scale up and adoption of novel technology solutions for green hydrogen, green ammonia and geothermal projects. The companies see new pathways to accelerate the energy transition thanks to their respective expertise and portfolio of technologies on new projects.

In November 2022, Baker Hughes and PETRONAS have signed a memorandum of understanding (MOU) at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2022 to collaborate on industrial and oil and gas artificial intelligence (AI) technologies to accelerate the energy company's sustainability goals.

In March 2022, ProFrac Holdings, LLC ("ProFrac"), a leading oilfield services company, announced the completion of its acquisition of FTS International, Inc. ("FTSI"), its related refinancing transactions, and the appointment of a new Chief Financial Officer.

Types Covered:

• Intelligent Systems
• Liner Hangers
• Multistage Fracturing Tools
• Packers
• Safety Valves
• Sand Control Tools
• Smart Wells
• Tubulars
• Other Types

Applications Covered:

• Onshore
• Offshore

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Applications Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Completion Equipment & Services Market, By Type

• 5.1 Introduction
• 5.2 Intelligent Systems
• 5.3 Liner Hangers
• 5.4 Multistage Fracturing Tools
• 5.5 Packers
• 5.6 Safety Valves
• 5.7 Sand Control Tools
• 5.8 Smart Wells
• 5.9 Tubulars
• 5.10 Other Types

6 Global Completion Equipment & Services Market, By Application

• 6.1 Introduction
• 6.2 Onshore
• 6.3 Offshore

7 Global Completion Equipment & Services Market, By Geography

• 7.1 Introduction
• 7.2 North America
  • 7.2.1 US
  • 7.2.2 Canada
  • 7.2.3 Mexico
• 7.3 Europe
  • 7.3.1 Germany
  • 7.3.2 UK
  • 7.3.3 Italy
  • 7.3.4 France
  • 7.3.5 Spain
  • 7.3.6 Rest of Europe
• 7.4 Asia Pacific
  • 7.4.1 Japan
  • 7.4.2 China
  • 7.4.3 India
  • 7.4.4 Australia
  • 7.4.5 New Zealand
  • 7.4.6 South Korea
  • 7.4.7 Rest of Asia Pacific
• 7.5 South America
  • 7.5.1 Argentina
  • 7.5.2 Brazil
  • 7.5.3 Chile
  • 7.5.4 Rest of South America
• 7.6 Middle East & Africa
  • 7.6.1 Saudi Arabia
  • 7.6.2 UAE
  • 7.6.3 Qatar
  • 7.6.4 South Africa
  • 7.6.5 Rest of Middle East & Africa

8 Key Developments

• 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 8.2 Acquisitions & Mergers
• 8.3 New Product Launch
• 8.4 Expansions
• 8.5 Other Key Strategies

9 Company Profiling

• 9.1 Baker Hughes Inc.
• 9.2 FTS International Inc.
• 9.3 Halliburton Company
• 9.4 Nabors Industries Ltd
• 9.5 National Oilwell Varco Inc.
• 9.6 NCS Multistage LLC
• 9.7 Nine Energy Services Inc
• 9.8 Packers Plus Energy Services Inc.
• 9.9 Schlumberger Ltd
• 9.10 Superior Energy Services
• 9.11 Weatherford International PLC
• 9.12 Welltec A/S