Research and Markets (http://www.researchandmarkets.com/research/np8znr/completion) has announced the addition of the "Completion Equipment Market by Type (Packers, Sand Control Tools, Multi-Stage Fracturing Tools, Liner Hangers, Smart Wells, Safety Valves, and Other) & Geography - Global Trends & Forecast to 2019" report to their offering.

Completion Equipment Market is estimated to be worth $17.9 billion market by 2019 signifying a firm annualized growth rate of 10.8% from 2014 to 2019.

Completion equipment & services are used for a wide range of purposes after the drilling of a well is carried out. Completion equipment & services are precisely used to convert a drilled well into a producing one. Completion includes various stages before the well starts producing; these include casing, cementing, perforating, gravel packing, and installation of a production tree.

In this report, the completion equipment market is analyzed on the basis of the revenue generated by the completion equipment & services supplied by oilfield service companies to the oilfield services market. The major value-generation activities of the market are recorded in North America. The remaining regions are growing at a higher growth rate with the exploration of new reserves, creating growth prospects for the market. The North American market is reaching towards a stage of maturity and the movement in the industry will mainly be subjected to competition.

The rise in deep and ultra-deep water discoveries with high growth in exploration and production, activities are the most important drivers for the completion equipment market. The completion equipment & services are used for the completion of well for oil and natural gas, while these services are necessary for any type of well in order to complete it and put it on production. Currently, natural gas is referred to as transitional fuel for being the chain between conventional resources and renewable energy. This proves to be an advantage to the international natural gas market and hence to the market. As the energy demand in developing countries such as India and Brazil is on a rise, fulfilling this demand will enhance the growth prospects for the industry.

On the basis of service type:

- Packers

- Sand Control tools

- Multi stage fracturing tools

- Liner Hangers

- Smart wells

- Safety valves

- Other

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Premium Insights

4 Market Analysis

5 Completion Equipment & Services, By Type

6 Completion Equipment & Services Market, By Geography

7 Competitive Landscape

8 Company Profiles

  • Baker Hughes Incorporated
  • Halliburton
  • Nabors Industries Limited
  • National Oilwell Varco Inc.
  • RPC Inc.
  • Sanjel Corporation
  • Schlumberger Ltd.
  • Superior Energy Services Inc.
  • Trican Well Service Ltd.
  • Weatherford International Ltd.
  • Welltec International A/S

For more information visit http://www.researchandmarkets.com/research/np8znr/completion

Research and MarketsLaura Wood, Senior Managerpress@researchandmarkets.comFor E.S.T Office Hours Call 1-917-300-0470For U.S./CAN Toll Free Call 1-800-526-8630For GMT Office Hours Call +353-1-416-8900U.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716Sector: Energy and Natural Resources