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Global Horizontal Completions Market: By Application: Onshore, Offshore; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand, EMR’s Key Indicators for Price; Competitive Landscape; Industry Events and Developments

Global Horizontal Completions Market Outlook

The global horizontal completions market is estimated to grow in the forecast period of 2023-2028 at a CAGR of 9%. The market is driven by the rebound in the active rig count owing to the recovery in oil prices.

 

Global Horizontal Completions Market

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Properties and Applications

Horizontal completion is also referred to as the horizontal well that enlarges the contact with the reservoir considerably, thus, accelerating the production or injection rates of the well.

 

Global Horizontal Completions Market By Application

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The horizontal completions market can be divided based on its application sectors into:

  • Onshore
  • Offshore

The EMR report looks into the regional horizontal completions markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Horizontal Completions Market By Region

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Market Analysis

The steady recovery of the global oil price from the third quarter of 2016 has improved the frequency of active rigs in both onshore and offshore drilling, thus, enhancing the demand for oilfield equipment, such as horizontal completion equipment. Advances in drilling technologies and improved production volumes have accelerated the number of rig count and horizontal wells, especially in North America.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global horizontal completions market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Halliburton 
  • National Oilwell Varco [NYSE: NOV] 
  • Schlumberger Limited 
  • Weatherford 
  • Baker Hughes, a GE company LLC 
  • Others

The EMR report gives an in-depth insight into the horizontal completions market by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Region
Breakup by Application Onshore, Offshore
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Halliburton, National Oilwell Varco [NOV (NYSE)], Schlumberger Limited [SLB (NYSE)], Weatherford [0WE (FRA)], Baker Hughes, a GE company LLC, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Horizontal Completions Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Horizontal Completions Historical Market (2018-2022) 
    8.3    Global Horizontal Completions Market Forecast (2023-2028)
    8.4    Global Horizontal Completions Market by Application
        8.4.1    Onshore
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Offshore
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
    8.5    Global Horizontal Completions Market by Region
        8.5.1    Market Share
            8.5.1.1    North America
            8.5.1.2    Europe
            8.5.1.3    Asia Pacific
            8.5.1.4    Latin America
            8.5.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2022)
        9.1.2    Forecast Trend (2023-2028)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2022)
        9.2.2    Forecast Trend (2023-2028)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2022)
        9.3.2    Forecast Trend (2023-2028)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2022)
        9.4.2    Forecast Trend (2023-2028)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2022)
        9.5.2    Forecast Trend (2023-2028)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Trade Data Analysis (HS Code- 843041)
    11.1    Major Exporting Countries
        11.1.1    By Value
        11.1.2    By Volume
    11.2    Major Importing Countries
            11.2.1    By Value
            11.2.2    By Volume 
12    Competitive Landscape
    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    NOV Inc.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Schlumberger Limited 
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Weatherford International plc 
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Baker Hughes Company 
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Halliburton Energy Services, Inc.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Superior Energy Services, Inc. 
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments


Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Key Figures and Tables

1.    Global Horizontal Completions Market: Key Industry Highlights, 2017 and 2021
2.    Global Horizontal Completions Historical Market: Breakup by Application (USD Million), 2018-2022
3.    Global Horizontal Completions Market Forecast: Breakup by Application (USD Million), 2023-2028
4.    Global Horizontal Completions Historical Market: Breakup by Region (USD Million), 2018-2022
5.    Global Horizontal Completions Market Forecast: Breakup by Region (USD Million), 2023-2028
6.    North America Horizontal Completions Historical Market: Breakup by Country (USD Million), 2018-2022
7.    North America Horizontal Completions Market Forecast: Breakup by Country (USD Million), 2023-2028
8.    Europe Horizontal Completions Historical Market: Breakup by Country (USD Million), 2018-2022
9.    Europe Horizontal Completions Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Asia Pacific Horizontal Completions Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Asia Pacific Horizontal Completions Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Latin America Horizontal Completions Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Latin America Horizontal Completions Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Middle East and Africa Horizontal Completions Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Middle East and Africa Horizontal Completions Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Global Horizontal Completions Market Structure

Key Questions Answered in the Report

The global horizontal completions market is projected to grow at a CAGR of 9% between 2023 and 2028.

The major drivers of the industry, such as the rise in disposable incomes, increase in population, rebound in the active rig count, and improved production volumes, are expected to aid the market growth.

The key market trend guiding the growth of the horizontal completions industry includes the advancements in drilling technologies.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Onshore and offshore are the leading applications of the product in the industry.

The major players in the industry are Halliburton, National Oilwell Varco, Schlumberger Limited, Weatherford, and Baker Hughes, a GE company LLC, among others.

Analyst Review

The global horizontal completions market is being driven by the rebound in the active rig count and improved production volumes. Aided by the advances in drilling technologies, the market is expected to witness a healthy growth in the forecast period of 2023-2028, growing at a CAGR of 9%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on applications, the industry can be segmented into onshore and offshore. The major regional markets for horizontal completions are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Halliburton, National Oilwell Varco, Schlumberger Limited, Weatherford, Baker Hughes, a GE company LLC, and others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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