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Completion Equipment and Services Market in APAC 2024-2028- Product Image
Completion Equipment and Services Market in APAC 2024-2028- Product Image
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Completion Equipment and Services Market in APAC 2024-2028

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    Report

  • 139 Pages
  • December 2024
  • Region: Asia Pacific
  • TechNavio
  • ID: 5546101
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The completion equipment and services market in apac is forecasted to grow by USD 103.3 million during 2023-2028, accelerating at a CAGR of 1.5% during the forecast period. The report on the completion equipment and services market in apac provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in oil and gas demand, growing technological advancements in completion techniques, and growing importance of unconventional resources in e and p sector.

The completion equipment and services market in apac is segmented as below:

By Deployment

  • Offshore
  • Onshore

By Geographical Landscape

  • APAC
This study identifies the rise in deep water and ultradeep water well exploration as one of the prime reasons driving the completion equipment and services market in apac growth during the next few years. Also, growing number of mergers and acquisitions and increasing demand for horizontal well completions will lead to sizable demand in the market.

The report on the completion equipment and services market in apac covers the following areas:

  • Completion Equipment And Services Market in APAC sizing
  • Completion Equipment And Services Market in APAC forecast
  • Completion Equipment And Services Market in APAC industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading completion equipment and services market in apac vendors that include Baker Hughes Co., China Oilfield Services Ltd., China Petrochemical Corp., Completion Oil Tools Pvt. Ltd., Destini Berhad, Encod Softech Pvt. Ltd., Forum Energy Technologies Inc., Halliburton Co., Hot-Hed International, Naseem Bukhari Pvt Ltd., NOV Inc., Schlumberger Ltd., Superior Energy Services Inc., Weatherford International Plc, Wellcare Oil Tools Pvt. Ltd., Welltec International ApS, and Wild Well Control Inc. Also, the completion equipment and services market in apac analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Deployment
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value Chain Analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2023
4.4 Market outlook: Forecast for 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Chart on APAC: Year-over-year growth 2023-2028 (%)
Data Table on Regional - Market size and forecast 2023-2028 ($ million)
5 Historic Market Size
5.1 Completion Equipment And Services Market in APAC 2018 - 2022
Historic Market Size - Data Table on Completion Equipment And Services Market in APAC 2018 - 2022 ($ million)
5.2 Deployment segment analysis 2018 - 2022
Historic Market Size - Deployment Segment 2018 - 2022 ($ million)
5.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on Completion Equipment and Services Market in APAC
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
7.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Deployment
8.1 Market segments
Chart on Deployment - Market share 2023-2028 (%)
Data Table on Deployment - Market share 2023-2028 (%)
8.2 Comparison by Deployment
Chart on Comparison by Deployment
Data Table on Comparison by Deployment
8.3 Offshore - Market size and forecast 2023-2028
Chart on Offshore - Market size and forecast 2023-2028 ($ million)
Data Table on Offshore - Market size and forecast 2023-2028 ($ million)
Chart on Offshore - Year-over-year growth 2023-2028 (%)
Data Table on Offshore - Year-over-year growth 2023-2028 (%)
8.4 Onshore - Market size and forecast 2023-2028
Chart on Onshore - Market size and forecast 2023-2028 ($ million)
Data Table on Onshore - Market size and forecast 2023-2028 ($ million)
Chart on Onshore - Year-over-year growth 2023-2028 (%)
Data Table on Onshore - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Deployment
Market opportunity by Deployment ($ million)
Data Table on Market opportunity by Deployment ($ million)
9 Customer Landscape
9.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Geographic Landscape
10.1 Geographic segmentation
Chart on Market share By Geographical Landscape - 2023-2028 (%)
Data Table on Market share By Geographical Landscape - 2023-2028 (%)
10.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
10.3 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
10.4 India - Market size and forecast 2023-2028
Chart on India - Market size and forecast 2023-2028 ($ million)
Data Table on India - Market size and forecast 2023-2028 ($ million)
Chart on India - Year-over-year growth 2023-2028 (%)
Data Table on India - Year-over-year growth 2023-2028 (%)
10.5 Malaysia - Market size and forecast 2023-2028
Chart on Malaysia - Market size and forecast 2023-2028 ($ million)
Data Table on Malaysia - Market size and forecast 2023-2028 ($ million)
Chart on Malaysia - Year-over-year growth 2023-2028 (%)
Data Table on Malaysia - Year-over-year growth 2023-2028 (%)
10.6 Rest of APAC - Market size and forecast 2023-2028
Chart on Rest of APAC - Market size and forecast 2023-2028 ($ million)
Data Table on Rest of APAC - Market size and forecast 2023-2028 ($ million)
Chart on Rest of APAC - Year-over-year growth 2023-2028 (%)
Data Table on Rest of APAC - Year-over-year growth 2023-2028 (%)
10.7 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Table on Market opportunity By Geographical Landscape ($ million)
11 Drivers, Challenges, and Opportunity/Restraints
11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
11.4 Market opportunities/restraints
12 Competitive Landscape
12.1 Overview
12.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
Overview on factors of disruption
12.4 Industry risks
Impact of key risks on business
13 Competitive Analysis
13.1 Companies profiled
Companies covered
13.2 Company ranking index
Company ranking index
13.3 Market positioning of companies
Matrix on companies position and classification
13.4 Baker Hughes Co.
Baker Hughes Co. - Overview
Baker Hughes Co. - Business segments
Baker Hughes Co. - Key news
Baker Hughes Co. - Key offerings
Baker Hughes Co. - Segment focus
SWOT
13.5 China Oilfield Services Ltd.
China Oilfield Services Ltd. - Overview
China Oilfield Services Ltd. - Business segments
China Oilfield Services Ltd. - Key offerings
China Oilfield Services Ltd. - Segment focus
SWOT
13.6 China Petrochemical Corp.
China Petrochemical Corp. - Overview
China Petrochemical Corp. - Business segments
China Petrochemical Corp. - Key offerings
China Petrochemical Corp. - Segment focus
SWOT
13.7 Completion Oil Tools Pvt. Ltd.
Completion Oil Tools Pvt. Ltd. - Overview
Completion Oil Tools Pvt. Ltd. - Product / Service
Completion Oil Tools Pvt. Ltd. - Key offerings
SWOT
13.8 Destini Berhad
Destini Berhad - Overview
Destini Berhad - Product / Service
Destini Berhad - Key offerings
SWOT
13.9 Forum Energy Technologies Inc.
Forum Energy Technologies Inc. - Overview
Forum Energy Technologies Inc. - Business segments
Forum Energy Technologies Inc. - Key news
Forum Energy Technologies Inc. - Key offerings
Forum Energy Technologies Inc. - Segment focus
SWOT
13.10 Halliburton Co.
Halliburton Co. - Overview
Halliburton Co. - Business segments
Halliburton Co. - Key news
Halliburton Co. - Key offerings
Halliburton Co. - Segment focus
SWOT
13.11 NOV Inc.
NOV Inc. - Overview
NOV Inc. - Business segments
NOV Inc. - Key news
NOV Inc. - Key offerings
NOV Inc. - Segment focus
SWOT
13.12 Schlumberger Ltd.
Schlumberger Ltd. - Overview
Schlumberger Ltd. - Business segments
Schlumberger Ltd. - Key news
Schlumberger Ltd. - Key offerings
Schlumberger Ltd. - Segment focus
SWOT
13.13 Weatherford International Plc
Weatherford International Plc - Overview
Weatherford International Plc - Business segments
Weatherford International Plc - Key news
Weatherford International Plc - Key offerings
Weatherford International Plc - Segment focus
SWOT
14 Appendix
14.1 Scope of the report
14.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
14.3 Currency conversion rates for US$
Currency conversion rates for US$
14.4 Research methodology
Research methodology
14.5 Data procurement
Information sources
14.6 Data validation
Data validation
14.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
14.8 Data synthesis
Data synthesis
14.9 360 degree market analysis
360 degree market analysis
14.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Deployment
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Company Market Positioning
Exhibits 9: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 10: Overview on criticality of inputs and factors of differentiation
Exhibits 11: Overview on factors of disruption
Exhibits 12: Impact of drivers and challenges in 2023 and 2028
Exhibits 13: Parent Market
Exhibits 14: Data Table on - Parent Market
Exhibits 15: Market characteristics analysis
Exhibits 16: Value Chain Analysis
Exhibits 17: Offerings of companies included in the market definition
Exhibits 18: Market segments
Exhibits 19: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 20: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 21: Chart on APAC: Year-over-year growth 2023-2028 (%)
Exhibits 22: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 23: Historic Market Size - Data Table on Completion Equipment And Services Market in APAC 2018 - 2022 ($ million)
Exhibits 24: Historic Market Size - Deployment Segment 2018 - 2022 ($ million)
Exhibits 25: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 26: Five forces analysis - Comparison between 2023 and 2028
Exhibits 27: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 28: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 30: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 31: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 32: Chart on Market condition - Five forces 2023 and 2028
Exhibits 33: Chart on Deployment - Market share 2023-2028 (%)
Exhibits 34: Data Table on Deployment - Market share 2023-2028 (%)
Exhibits 35: Chart on Comparison by Deployment
Exhibits 36: Data Table on Comparison by Deployment
Exhibits 37: Chart on Offshore - Market size and forecast 2023-2028 ($ million)
Exhibits 38: Data Table on Offshore - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Chart on Offshore - Year-over-year growth 2023-2028 (%)
Exhibits 40: Data Table on Offshore - Year-over-year growth 2023-2028 (%)
Exhibits 41: Chart on Onshore - Market size and forecast 2023-2028 ($ million)
Exhibits 42: Data Table on Onshore - Market size and forecast 2023-2028 ($ million)
Exhibits 43: Chart on Onshore - Year-over-year growth 2023-2028 (%)
Exhibits 44: Data Table on Onshore - Year-over-year growth 2023-2028 (%)
Exhibits 45: Market opportunity by Deployment ($ million)
Exhibits 46: Data Table on Market opportunity by Deployment ($ million)
Exhibits 47: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 48: Chart on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 49: Data Table on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 50: Chart on Geographic comparison
Exhibits 51: Data Table on Geographic comparison
Exhibits 52: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 53: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 55: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 56: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibits 57: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits 59: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits 60: Chart on Malaysia - Market size and forecast 2023-2028 ($ million)
Exhibits 61: Data Table on Malaysia - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Chart on Malaysia - Year-over-year growth 2023-2028 (%)
Exhibits 63: Data Table on Malaysia - Year-over-year growth 2023-2028 (%)
Exhibits 64: Chart on Rest of APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 65: Data Table on Rest of APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Chart on Rest of APAC - Year-over-year growth 2023-2028 (%)
Exhibits 67: Data Table on Rest of APAC - Year-over-year growth 2023-2028 (%)
Exhibits 68: Market opportunity By Geographical Landscape ($ million)
Exhibits 69: Data Table on Market opportunity By Geographical Landscape ($ million)
Exhibits 70: Impact of drivers and challenges in 2023 and 2028
Exhibits 71: Overview on criticality of inputs and factors of differentiation
Exhibits 72: Overview on factors of disruption
Exhibits 73: Impact of key risks on business
Exhibits 74: Companies covered
Exhibits 75: Company ranking index
Exhibits 76: Matrix on companies position and classification
Exhibits 77: Baker Hughes Co. - Overview
Exhibits 78: Baker Hughes Co. - Business segments
Exhibits 79: Baker Hughes Co. - Key news
Exhibits 80: Baker Hughes Co. - Key offerings
Exhibits 81: Baker Hughes Co. - Segment focus
Exhibits 82: SWOT
Exhibits 83: China Oilfield Services Ltd. - Overview
Exhibits 84: China Oilfield Services Ltd. - Business segments
Exhibits 85: China Oilfield Services Ltd. - Key offerings
Exhibits 86: China Oilfield Services Ltd. - Segment focus
Exhibits 87: SWOT
Exhibits 88: China Petrochemical Corp. - Overview
Exhibits 89: China Petrochemical Corp. - Business segments
Exhibits 90: China Petrochemical Corp. - Key offerings
Exhibits 91: China Petrochemical Corp. - Segment focus
Exhibits 92: SWOT
Exhibits 93: Completion Oil Tools Pvt. Ltd. - Overview
Exhibits 94: Completion Oil Tools Pvt. Ltd. - Product / Service
Exhibits 95: Completion Oil Tools Pvt. Ltd. - Key offerings
Exhibits 96: SWOT
Exhibits 97: Destini Berhad - Overview
Exhibits 98: Destini Berhad - Product / Service
Exhibits 99: Destini Berhad - Key offerings
Exhibits 100: SWOT
Exhibits 101: Forum Energy Technologies Inc. - Overview
Exhibits 102: Forum Energy Technologies Inc. - Business segments
Exhibits 103: Forum Energy Technologies Inc. - Key news
Exhibits 104: Forum Energy Technologies Inc. - Key offerings
Exhibits 105: Forum Energy Technologies Inc. - Segment focus
Exhibits 106: SWOT
Exhibits 107: Halliburton Co. - Overview
Exhibits 108: Halliburton Co. - Business segments
Exhibits 109: Halliburton Co. - Key news
Exhibits 110: Halliburton Co. - Key offerings
Exhibits 111: Halliburton Co. - Segment focus
Exhibits 112: SWOT
Exhibits 113: NOV Inc. - Overview
Exhibits 114: NOV Inc. - Business segments
Exhibits 115: NOV Inc. - Key news
Exhibits 116: NOV Inc. - Key offerings
Exhibits 117: NOV Inc. - Segment focus
Exhibits 118: SWOT
Exhibits 119: Schlumberger Ltd. - Overview
Exhibits 120: Schlumberger Ltd. - Business segments
Exhibits 121: Schlumberger Ltd. - Key news
Exhibits 122: Schlumberger Ltd. - Key offerings
Exhibits 123: Schlumberger Ltd. - Segment focus
Exhibits 124: SWOT
Exhibits 125: Weatherford International Plc - Overview
Exhibits 126: Weatherford International Plc - Business segments
Exhibits 127: Weatherford International Plc - Key news
Exhibits 128: Weatherford International Plc - Key offerings
Exhibits 129: Weatherford International Plc - Segment focus
Exhibits 130: SWOT
Exhibits 131: Inclusions checklist
Exhibits 132: Exclusions checklist
Exhibits 133: Currency conversion rates for US$
Exhibits 134: Research methodology
Exhibits 135: Information sources
Exhibits 136: Data validation
Exhibits 137: Validation techniques employed for market sizing
Exhibits 138: Data synthesis
Exhibits 139: 360 degree market analysis
Exhibits 140: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the completion equipment and services market in apac: Baker Hughes Co., China Oilfield Services Ltd., China Petrochemical Corp., Completion Oil Tools Pvt. Ltd., Destini Berhad, Encod Softech Pvt. Ltd., Forum Energy Technologies Inc., Halliburton Co., Hot-Hed International, Naseem Bukhari Pvt Ltd., NOV Inc., Schlumberger Ltd., Superior Energy Services Inc., Weatherford International Plc, Wellcare Oil Tools Pvt. Ltd., Welltec International ApS, and Wild Well Control Inc..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rise in deep water and ultradeep water well exploration."

According to the report, one of the major drivers for this market is the increase in oil and gas demand.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Baker Hughes Co.
  • China Oilfield Services Ltd.
  • China Petrochemical Corp.
  • Completion Oil Tools Pvt. Ltd.
  • Destini Berhad
  • Encod Softech Pvt. Ltd.
  • Forum Energy Technologies Inc.
  • Halliburton Co.
  • Hot-Hed International
  • Naseem Bukhari Pvt Ltd.
  • NOV Inc.
  • Schlumberger Ltd.
  • Superior Energy Services Inc.
  • Weatherford International Plc
  • Wellcare Oil Tools Pvt. Ltd.
  • Welltec International ApS
  • Wild Well Control Inc.

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