North America Liner Hanger Market Size & Share Analysis - Industry Research Report

Name: North America Liner Hanger Market Size & Share Analysis - Industry Research Report - Growth Trends
Creator: Mordor Intelligence
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Market Overview

Study Period	2020 - 2030
Base Year For Estimation	2024
Forecast Data Period	2025 - 2030
Historical Data Period	2020 - 2023
Growth Rate	6.20% CAGR
Market Concentration	Medium
Major Players *Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

North America Liner Hanger Market (2025 - 2030) — Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

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North America Liner Hanger Market Analysis by Mordor Intelligence

The North America Liner Hanger Market is expected to register a CAGR of greater than 6.2% during the forecast period.

With 990 active onshore rigs in the United States and increasing production from the Permian basin, the onshore sector is expected to dominate the liner hanger system market.
The United States has one of the largest technically recoverable shale gas reserves and the second-largest tight oil reserves in the world. Moreover, the technological development in hydraulic fracturing is expected to create ample opportunities for the liner hanger system providers.
With oil production of 17 million barrels per day in 2019, the United States is leading the market of the liner hanger system market. It is expected to continue its dominance in the forecast period.

North America Liner Hanger Market Trends and Insights

Onshore Sector to Dominate the Market

A liner hanger system consists of a liner hanger assembly, releasing tool, cementing head, packer, etc. The liner hanger system is a part of good completion and can be mechanical or hydraulic, premium or standard, rotating or non-rotating, conventional or expandable, and pocket slip.
Canada is estimated to have 1,100 trillion cubic feet of natural gas potential. Hydraulic fracturing, in combination with horizontal drilling techniques, allows better access to the natural gas in such formations. This, in turn, is expected to drive the demand for hydraulic liner hanger systems, over the forecast period
In Canada, there is a major focus on unconventional resources, such as oil sands, which require greater drilling lengths or 'laterals,' which will increase the demand of liner hangers in the forecast period.
With total crude oil production of 24.6 million barrels per day, the market of oil and gas is growing and simultaneously driving the need for liner hanger systems.
Due to the COVID-19 pandemic in 2020, delay in upstream projects is anticipated. Later in the forecast period, with the initiation of new projects and completion of drilled wells, the market of the liner hangers is expected to grow considerably.

North America Liner Hanger Market-Crude Oil Production — Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

The United States to Dominate the Market

The United States was one of the largest producers of crude oil and natural gas, accounting for around 18% and 23% of the global production, respectively, in 2019. The production surged in 2019, mainly due to robust drilling in its shale reserves, led by the Permian Basin.
As of April 2019, 8390 drilled wells are incomplete in the country, with the Permian Basin having the largest share. These wells are expected to be completed in the coming years, creating ample opportunity for the liner hanger system suppliers.
At the beginning of 2018, the government announced the opening of 98% of the coastal water for oil and gas exploration and production. The announcement is expected to drive the demand for liner hanger systems in the offshore sector in the long run.
Despite the decrease in the number of active rig count to 990 in 2019, the production of both crude oil and natural gas is increasing, driving the market of the liner hanger system significantly.
Factors, such as increasing share of horizontal and directional drilling, significant oil and gas discoveries in both onshore and offshore segments, along with the shift toward unconventional fields, are expected to boost the demand for oil fields services, including liner hanger systems.

North America Liner Hanger Market-Active Onshore Rig Count — Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Competitive Landscape

The North America liner hanger market is moderately consolidated. Some of the major companies include National-Oilwell Varco, Inc., Halliburton Company, Weatherford International plc, Baker Hughes, Schlumberger Limited Ltd.

North America Liner Hanger Industry Leaders

Halliburton Company
Weatherford International plc
Schlumberger Limited
Baker Hughes Ltd
National-Oilwell Varco, Inc
*Disclaimer: Major Players sorted in no particular order

Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

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Table of Contents for North America Liner Hanger Industry Report

1. INTRODUCTION

1.1 Scope of Study
1.2 Market Definiton
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 Type
- 5.1.1 Conventional
- 5.1.2 Expandable
5.2 Location of Deployment
- 5.2.1 Offshore
- 5.2.2 Onshore
5.3 Geogrpahy
- 5.3.1 The United States
- 5.3.2 Canada
- 5.3.3 Rest of North America

6. COMPETITIVE LANDSCAPE

6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
- 6.3.1 Halliburton Company
- 6.3.2 Weatherford International plc
- 6.3.3 National Oilwell Varco Inc.
- 6.3.4 Baker Hughes Company
- 6.3.5 National-Oilwell Varco, Inc
- 6.3.6 Well Innovation AS
- 6.3.7 NCS Multistage LLC
- 6.3.8 Schlumberger Limited
- 6.3.9 Drill-Quip Inc.
*List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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North America Liner Hanger Market Report Scope

The North America liner hanger market report includes:

Type

Conventional

Expandable

Location of Deployment

Offshore

Onshore

Geogrpahy

The United States

Canada

Rest of North America

Type	Conventional
	Expandable
Location of Deployment	Offshore
	Onshore
Geogrpahy	The United States
	Canada
	Rest of North America

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Key Questions Answered in the Report

What is the current North America Liner Hanger System Market size?

The North America Liner Hanger System Market is projected to register a CAGR of greater than 6.2% during the forecast period (2025-2030)

Who are the key players in North America Liner Hanger System Market?

Halliburton Company, Weatherford International plc, Schlumberger Limited, Baker Hughes Ltd and National-Oilwell Varco, Inc are the major companies operating in the North America Liner Hanger System Market.

What years does this North America Liner Hanger System Market cover?

The report covers the North America Liner Hanger System Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the North America Liner Hanger System Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Page last updated on: December 5, 2025