Completions Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Well Completion Equipment and Services Market Analysis and it is segmented by Location (Onshore, and Offshore), and Geography (North America (US, Canada, and the Rest of North America), Asia-Pacific (China, India, Indonesia, Rest of Asia-Pacific), Middle-East and Africa (Saudi Arabia, Iran, Egypt, United Arab Emirates, Rest of Middle-East and Africa), Europe (UK, Norway, Russia, Rest of Europe), South America (Brazil, Argentina, Rest of South America).

Completions Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Completion Equipment and Services Market Size

Wind Turbine Gearbox Market - Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 4.83 %
Largest Market North America
Market Concentration Low

Major Players

Completion Equipment & Services Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Completion Equipment & Services Market with other markets in Energy & Power Industry

Oil and Gas

Power

Battery

Decommissioning

Emerging Energy Technologies

Energy Storage Technology

Completion Equipment and Services Market Analysis

The Completion Equipment & Services Market is expected to register a CAGR of less than 4.83% during the forecast period.

  • Offshore sector is expected to be a potential market in the completion equipment & services market as the cost of operation in the offshore locations declined significantly over the past few years, which has encouraged the industry to step up its expenditure gradually, in the coming years.
  • North America dominated the market across the globe with the largest contribution from the countries such as the US and Canada.

North America Region to Dominate the Market

  • North America is projected to dominate the demand for the completion equipment & services market. Technological innovations, such as such as horizontal drilling and hydraulic fracturing, have led to robust growth in the production of unconventional fossil fuels, notably, shale gas and tight oil, in the United States and Canada.
  • The United States is expected to witness robust growth during the forecast period. The United States was one of the major oil importing countries. With shale revolution in the United States, the country has become the second largest oil producer, after Saudi Arabia.
  • As of May 2019, the United States recorded 987 active rigs. US exploration & production companies have been investing significantly on drilling and well completion projects. Permian remains an attractive basin for the exploration & production activities in the country.
  • In 2018, the trend of increasing drilling activity continued, but the trend has reversed 2019. Main cause of reversal in trend was the lack of oil pipeline takeaway capacity in key basins such as Permian and Eagle Ford.
  • In 2019 and beyond, about 10,000 miles of pipeline is expected to come online in the United States and Canada, in turn, reducing the impact of bottleneck in midstream sector, which is expected to drive the drilling and completion activity during the forecast period
Centrifugal Compressor Market

Completion Equipment and Services Industry Overview

The major companies in the global completion equipment & services market include Schlumberger Limited, Halliburton Company, National Oilwell Varco Inc., Weatherford International PLC, and Baker Hughes, a GE company.

Completion Equipment and Services Market Leaders

  1. Schlumberger Limited

  2. Halliburton Company

  3. National Oilwell Varco Inc.

  4. Weatherford International PLC

  5. Baker Hughes, a GE company

  6. *Disclaimer: Major Players sorted in no particular order
Wind Turbine Gearbox Market - Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

Completion Equipment and Services Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, till 2025
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply-Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitute Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Location
    • 5.1.1 Onshore
    • 5.1.2 Offshore
  • 5.2 Geography
    • 5.2.1 North America
    • 5.2.1.1 United States
    • 5.2.1.2 Canada
    • 5.2.1.3 Rest of North America
    • 5.2.2 Asia-Pacific
    • 5.2.2.1 China
    • 5.2.2.2 India
    • 5.2.2.3 Indonesia
    • 5.2.2.4 Rest of Asia-Pacific
    • 5.2.3 Middle-East and Africa
    • 5.2.3.1 Saudi Arabia
    • 5.2.3.2 Iran
    • 5.2.3.3 Egypt
    • 5.2.3.4 United Arab Emirates
    • 5.2.3.5 Rest of Middle-East and Africa
    • 5.2.4 Europe
    • 5.2.4.1 United Kingdom
    • 5.2.4.2 Norway
    • 5.2.4.3 Russia
    • 5.2.4.4 Rest of Europe
    • 5.2.5 South America
    • 5.2.5.1 Brazil
    • 5.2.5.2 Argentina
    • 5.2.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Schlumberger Ltd
    • 6.3.2 Baker Hughes Inc. a GE Company
    • 6.3.3 Superior Energy Services
    • 6.3.4 Halliburton Company
    • 6.3.5 Nabors Industries Ltd
    • 6.3.6 NCS Multistage LLC
    • 6.3.7 Nine Energy Services Inc
    • 6.3.8 National Oilwell Varco Inc.
    • 6.3.9 Packers Plus Energy Services Inc.
    • 6.3.10 FTS International Inc.
    • 6.3.11 Weatherford International PLC
    • 6.3.12 Welltec A/S
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Completion Equipment and Services Industry Segmentation

The completion equipment & services market report include:

Location Onshore
Offshore
Geography North America United States
Canada
Rest of North America
Asia-Pacific China
India
Indonesia
Rest of Asia-Pacific
Middle-East and Africa Saudi Arabia
Iran
Egypt
United Arab Emirates
Rest of Middle-East and Africa
Europe United Kingdom
Norway
Russia
Rest of Europe
South America Brazil
Argentina
Rest of South America
Need A Different Region or Segment?
Customize Now

Completion Equipment and Services Market Research FAQs

What is the current Completion Equipment & Services Market size?

The Completion Equipment & Services Market is projected to register a CAGR of less than 4.83% during the forecast period (2025-2030)

Who are the key players in Completion Equipment & Services Market?

Schlumberger Limited, Halliburton Company, National Oilwell Varco Inc., Weatherford International PLC and Baker Hughes, a GE company are the major companies operating in the Completion Equipment & Services Market.

Which region has the biggest share in Completion Equipment & Services Market?

In 2025, the North America accounts for the largest market share in Completion Equipment & Services Market.

What years does this Completion Equipment & Services Market cover?

The report covers the Completion Equipment & Services Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Completion Equipment & Services Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Our Best Selling Reports

Completions Equipment Industry Report

Statistics for the 2025 Completion Equipment & Services market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Completion Equipment & Services analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Completions Equipment Market Report Snapshots