Energy and Power North America Well Completion Equipment Market | Page 2

On the basis of application:
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•
Onshore
Offshore
On the basis of country:
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•
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U.S.
Canada
Mexico
This report analyzes various marketing trends and establishes the most effective growth strategy.
It identifies market dynamics such as drivers, opportunities, burning issues, and winning
imperatives. Major companies such as Schlumberger (U.S.), Halliburton (U.S.), Baker Hughes (U.S.),
and Weatherford (Switzerland) have also been profiled in this report.
The North America completion equipment and services market is estimated to grow from $4.29
billion in 2013 to $4.67 billion in 2014. This value is expected to reach $5.27 billion by 201 9, at a
CAGR of 2.5% during the forecast period. The U.S. was expected to lead the North America
completion equipment and services market with a market share of more than 75% in terms of
value generation in 2014.
North America dominates the completion equipment and services market. This dominance is seen
mainly due to continuous and large increment in the U.S. exploration and production activities.
North America has the highest market share of over 50% in the global completion equipment
and services market during the forecast period, because of favorable regulations in the region.
The U.S. region is expected to dominate the North America completion equipment and services
market in the next five years.
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