North America Well Completion Equipment and Services Market Share and Forecast by 2028

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

North America Well Completion Equipment and Services Market Forecast to 2028 – COVID-19 Impact and Analysis - by Offerings (Equipment and Service) and Location (Onshore and Offshore)

  • Report Date : Nov 2021
  • Report Code : TIPRE00026085
  • Category : Manufacturing and Construction
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 128
Page Updated: Dec 2021

The well completion equipment and services market in North America is expected to grow from US$ 2,377.24 million in 2021 to US$ 3,012.32 million by 2028; it is estimated to grow at a CAGR of 3.4% from 2021 to 2028.

Rise in demand for oil & gas exploration is the major factor driving the growth of the North America well completion equipment and services market. In the past decades, there has been a rapid increase in demand for energy. It has led to the exploration of a greater number of oil & gas wells across different countries across region. An increase in living standards and a rise in the population have led to a significant increase in the consumption of energy such as oil & gas, renewable energy, and nuclear energy. Moreover, the demand for natural gas is expected to drive the need for gas exploration during the next forecast period as most of the countries are shifting their focus on reducing carbon emissions and increasing their reliance on fossil fuels. Furthermore, the increase in demand for well completion services from the countries across the region after the first quarters of FY 2021 owing to increase in production rate is driving the market growth. In addition, new offshore oil well projects have been launched across different countries that are also propelling the demand for well completion equipment & services across those countries, thereby driving the North America well completion equipment and services market.

The COVID-19 pandemic led to reduced activities in the oil & gas power-generating facilities, as well as shutting down of construction, operations, and maintenance projects at several locations after issuing multiple "stay at home" orders by state governors across the countries. Across the energy industry, these quarantine measures and shutdowns caused furloughs and layoffs of technical, construction, and manufacturing personnel, as well as project demobilizations in many cases. As a result, many oil wells were struggling to keep up with maintenance and operations. Furthermore, the COVID-19 pandemic has made it more difficult for oil and gas producers to get project finance or equity capital. As a result, the COVID-19 pandemic had a detrimental influence on the North American well completion equipment and services market
North American well completion equipment and services market

  • This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.


North America Well Completion Equipment and Services Market Segmentation

North America Well Completion Equipment and Services Market – By Offerings

  • Equipment
    • Packers
    • Sand Control Tools
    • Multistage Fracturing Tools
    • Liner Hangers
    • Smart Wells
    • Valves
    • Control Devices
    • Others
  • Services

North America Well Completion Equipment and Services Market – By Location

  • Onshore
  • Offshore

North America Well Completion Equipment and Services Market– By Country

  • US
  • Canada
  • Mexico

North America Well Completion Equipment and Services Market-Companies Mentioned

  • Baker Hughes Company
  • FTS International
  • Halliburton Company
  • Nov Inc.
  • NCS Multistage, LLC
  • Royal Dutch Shell PLC
  • RPC Incorporated
  • Schlumberger Limited
  • Nine Energy Services
  • Welltec

North America Well Completion Equipment and Services Report Scope

Report Attribute Details
Market size in 2021 US$ 2,377.24 Million
Market Size by 2028 US$ 3,012.32 Million
Global CAGR (2021 - 2028) 3.4%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Offerings
  • Equipment and Service
By Location
  • Onshore and Offshore
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • Baker Hughes Company
  • FTS International
  • Halliburton Company
  • Nov Inc.
  • NCS Multistage, LLC
  • Royal Dutch Shell PLC
  • RPC Incorporated
  • Schlumberger Limited
  • Nine Energy Services
  • Nivedita Upadhyay
    Manager,
    Market Research & Consulting

    Nivedita is an accomplished research professional with over 9 years of experience in Market Research and Business Consulting. Currently serving as a Project Manager in the ICT domain at The Insight Partners, she brings deep expertise in managing and executing Syndicated, Custom, Subscription-based, and Consulting research assignments across diverse technology sectors.

    With a proven track record of delivering data-driven analysis and actionable insights, Nivedita has been a key contributor to several critical projects. Her work involves end-to-end project execution—right from understanding client objectives, analyzing market trends, to deriving strategic recommendations. She has collaborated extensively with leading ICT companies, helping them identify market opportunities and navigate industry shifts.

    Nivedita holds an MBA in Management from IMS, Dehradun. Prior to joining The Insight Partners, she gained valuable experience at MarketsandMarkets and Future Market Insights in Pune, where she held various research roles and built a strong foundation in industry analysis and client engagement.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

    Testimonials

    Reason to Buy

    • Informed Decision-Making
    • Understanding Market Dynamics
    • Competitive Analysis
    • Identifying Emerging Markets
    • Customer Insights
    • Market Forecasts
    • Risk Mitigation
    • Boosting Operational Efficiency
    • Strategic Planning
    • Investment Justification
    • Tracking Industry Innovations
    • Aligning with Regulatory Trends
    Your Key Concerns Addressed - Question & Answer
    Can I view a sample of the report before purchasing?

    Yes! We provide a free sample of the report, which includes Report Scope (Table of Contents), report structure, and selected insights to help you assess the value of the full report. Please click on the "Download Sample" button or contact us to receive your copy.

    Is analyst support included with the purchase?

    Absolutely - analyst assistance is part of the package. You can connect with our analyst post-purchase to clarify report insights, methodology or discuss how the findings apply to your business needs.

    What are the next steps once I place an order?

    Once your order is successfully placed, you will receive a confirmation email along with your invoice.

    • For published reports: You'll receive access to the report within 4-6 working hours via a secured email sent to your email.
    • For upcoming reports: Your order will be recorded as a pre-booking. Our team will share the estimated release date and keep you informed of any updates. As soon as the report is published, it will be delivered to your registered email.

    Can the report be tailored to suit my specific needs?

    We offer customization options to align the report with your specific objectives. Whether you need deeper insights into a particular region, industry segment, competitor analysis, or data cut, our research team can tailor the report accordingly. Please share your requirements with us, and we'll be happy to provide a customized proposal or scope.

    In what format is the report delivered?

    The report is available in either PDF format or as an Excel dataset, depending on the license you choose.

    The PDF version provides the full analysis and visuals in a ready-to-read format. The Excel dataset includes all underlying data tables for easy manipulation and further analysis.
    Please review the license options at checkout or contact us to confirm which formats are included with your purchase.

    How secure is the payment process on your platform?

    Our payment process is fully secure and PCI-DSS compliant.

    We use trusted and encrypted payment gateways to ensure that all transactions are protected with industry-standard SSL encryption. Your payment details are never stored on our servers and are handled securely by certified third-party processors.
    You can make your purchase with confidence, knowing your personal and financial information is safe with us.

    Do you provide special pricing for buying multiple reports?

    Yes, we do offer special pricing for bulk purchases.
    If you're interested in purchasing multiple reports, we're happy to provide a customized bundle offer or volume-based discount tailored to your needs. Please contact our sales team with the list of reports you're considering, and we’ll share a personalized quote.

    Can I connect with your team to discuss the report before buying?

    Yes, absolutely.
    Our team is available to help you make an informed decision. Whether you have questions about the report’s scope, methodology, customization options, or which license suits you best, we're here to assist. Please reach out to us at sales@theinsightpartners.com, and one of our representatives will get in touch promptly.

    Will I get a billing invoice upon purchase?

    Yes, a billing invoice will be automatically generated and sent to your registered email upon successful completion of your purchase.
    If you need the invoice in a specific format or require additional details (such as company name, GST, or VAT information), feel free to contact us, and we’ll be happy to assist.

    Is there support available if I can't access my report?

    Yes, certainly.
    If you encounter any difficulties accessing or receiving your report, our support team is ready to assist you. Simply reach out to us via email or live chat with your order information, and we'll ensure the issue is resolved quickly so you can access your report without interruption.

    Our Clients
    1. Baker Hughes Company
    2. FTS International
    3. Halliburton Company
    4. Nov Inc.
    5. NCS Multistage, LLC
    6. Royal Dutch Shell PLC
    7. RPC Incorporated
    8. Schlumberger Limited
    9. Nine Energy Services
    10. Welltec
    Sales Assistance
    US: +1-646-491-9876
    UK: +44-20-8125-4005
    Email: sales@theinsightpartners.com
    Chat with us
    DUNS Logo
    87-673-9708
    ISO Certified Logo
    ISO 9001:2015
    ISO Certified Logo