Market Definition
Increasing oil and gas production, high day rates for offshore rigs, increased drilling activities in the Asia Pacific region, ease of gas drilling and production, and an increase in the number of wells are the major drivers for market growth. Gravel pack, frac pack, sand screens, inflow control units, and others are separated by technique. Other options include cased and open-hole completion systems, as well as a gravel pack and sand screen combination. Due to increased exploration of traditional oil and gas fields in rising onshore regions around the world, the gravel pack sub-segment dominated the technique segment. Because of the overwhelming existence of oil and gas reserves and increased dependence on conventional oil and gas, the onshore sub-segment led the market and is expected to continue to do so throughout the forecast period. During the forecast era, the offshore application segment is expected to expand at the fastest rate. The demand for sand control systems is divided into two categories: cased hole and open hole well completions. Thanks to its ability to retrieve logging measurements from the well casing during well completion operations, cased hole well completions held the largest market share and is expected to continue to do so during the forecast period. Due to increased exploration activities and increasing governmental support to meet rising energy demands, the Asia Pacific market is expected to lead the global market during the forecast period.
Report Scope
The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers analysis of regional and country-level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share.
Major Market Players
Key market players include Baker Hughes Ltd, Schlumberger, Weatherford, Halliburton, National Oilwell Varco, Baker Hughes, A Ge Company, Dialog, Interwell, Mitchell, Oil States International, Packers Plus.
The Sand Control Systems Market report has been categorized as below
By Application
- Onshore
- Offshore
By Well Type
- Open hole
- Cased hole
By Technique
- Gravel pack
- Frac pack
- Sand screens
- Inflow control devices
- Others
By Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- Rest of Asia Pacific
- Rest of the World
- South America
- Middle East and Africa
The years considered for the study are as follows:
- Base year - 2020
- Estimated year - 2021
- Projected year - 2022
- Forecast period - 2021 to 2027
Key Questions Addressed by the Report
- New products/service competitor are exploring?
- Key players in the market and how intense is the competition?
- What are the upcoming industry trends that manufacturers are focusing on in the future updates?
- For each segment, what are the significant opportunities in the market?
- What are the key growth strategies adopted by major market players in the market?
- What are the key success strategies adopted by major competitors in the market?
Why Buy this Report:
- Gain comprehensive insights on the Sand Control Systems industry & market trends
- Note complete analysis of the market status
- Recognize the market opportunities and growth segments
- Evaluating business segments & product portfolios, and interpret competitive dynamics
- Facilitate strategy planning and industry dynamics to strengthen decision making
Report Content
- Sand Control Systems Market Introduction
- Key Insights
- Report Overview
- Markets Covered
- Stakeholders
- Research Methodology
- Research Scope
- Market Research Process
- Research Data Analysis
- Market Size Estimation
- Executive Summary
- Market Overview
- Introduction
- Market Drivers and Restraints
- By Application
- Onshore
- Offshore
- By Well Type
- Open hole
- Cased hole
- By Technique
- Gravel pack
- Frac pack
- Sand screens
- Inflow control devices
- Others
- By Region
- Key Points
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Rest of World
- Asia Pacific
- Japan
- China
- India
- Australia
- Rest of Asia Pacific
- Rest of the World
- South America
- Middle East and Africa
- Company Profile
(Profile contain company overview, products/services, financials & recent developments)
- Schlumberger
- Weatherford
- Halliburton
- National Oilwell Varco
- Baker Hughes, A Ge Company
- Dialog
- Interwell
- Mitchell
- Oil States International
- Packers Plus