완성 장비 및 서비스 시장 : 세계 산업 규모, 점유율, 동향, 기회, 예측 - 유형별, 서비스 유형별, 용도별, 지역별 및 경쟁(2021-2031년)

The Global Completion Equipment and Services Market is projected to expand from USD 12.17 Billion in 2025 to USD 19.32 Billion by 2031, registering a CAGR of 8.01%. This sector comprises the specialized hardware and operational support utilized to prepare a wellbore for production or injection after the drilling phase concludes. Essential components in this category, such as sand control systems, packers, safety valves, and liner hangers, are engineered to create a secure connection between the reservoir and the surface. The market is primarily underpinned by increasing global energy consumption and the strategic necessity to maximize recovery factors from mature reservoirs. Furthermore, the renewed focus on deepwater exploration and the continuous development of unconventional assets act as distinct drivers requiring dependable well construction solutions to uphold production levels.

Despite these growth prospects, the industry confronts significant hurdles due to the cyclical nature of commodity prices, which frequently causes unpredictable cuts in capital expenditures and disrupts long-term planning. According to the International Energy Agency, global upstream oil and gas investment is anticipated to rise by 7% to USD 570 billion in 2024. However, even with this projected increase in spending, financial caution stemming from market volatility remains a potential obstacle that could postpone the authorization of complex completion projects.

Market Driver

The intensified exploration of unconventional shale and tight oil reserves acts as a major catalyst for the completion equipment sector, specifically within North America. Operators working in these basins require multistage fracturing systems and high-pressure hardware to preserve wellbore integrity during vigorous stimulation operations. This activity drives the demand for hydraulic fracturing equipment and composite plugs, which are vital for extracting hydrocarbons from low-permeability formations. According to the October 2024 'Short-Term Energy Outlook' by the U.S. Energy Information Administration, U.S. crude oil production is expected to average 13.2 million barrels per day in 2024, indicating sustained momentum in key shale basins. To counterbalance natural decline rates in these unconventional plays, high production targets mandate continuous well intervention and completion services, thereby maintaining a steady flow of equipment orders.

Concurrently, the growth of deepwater and ultra-deepwater offshore drilling is reinvigorating the market for specialized subsea completion technologies. These challenging environments necessitate durable equipment designed to withstand extreme pressures and corrosive elements, resulting in higher procurement rates for heavy-duty packer assemblies and intelligent well systems. For instance, TotalEnergies announced in a May 2024 press release regarding the Kaminho project that it had approved a Final Investment Decision for a deepwater development in Angola valued at USD 6 billion. Such significant capital commitments indicate a lasting reliance on complex completion solutions to reach remote offshore reserves. Additionally, broader market momentum is supported by the essential need to meet consumption demands; according to the Organization of the Petroleum Exporting Countries, global oil demand is projected to increase by roughly 2.03 million barrels per day in 2024, ensuring a continued global requirement for operational completion services.

Market Challenge

The cyclical volatility of commodity prices constitutes a major obstacle to the expansion of the Global Completion Equipment and Services Market. This fluctuation compels operators to exercise strict capital discipline, frequently leading to the abrupt deferral of well completion schedules. Because completion equipment, such as liner hangers and sand control systems, is installed only during the final stage of well construction, these postponements result in immediate and sharp revenue declines for service providers. Furthermore, the unpredictability inherent in these cycles hampers suppliers' abilities to effectively plan inventory or invest in capacity growth, thereby restraining the overall development of the market.

The consequences of this hesitation to invest are profound. According to the Organization of the Petroleum Exporting Countries in July 2025, the global oil market faces the risk of a severe supply deficit of 23 million barrels per day by 2030 if sufficient upstream spending is not maintained. This statistic underscores the critical gap generated by price-induced financial caution, illustrating how the failure to commit to long-term completion projects directly impedes the industry's capacity to scale operations and satisfy future energy requirements.

Market Trends

The adoption of eco-friendly and zero-flaring green completion techniques is becoming the industry standard as regulatory bodies increase pressure to decarbonize upstream operations. During the flowback phase, operators are utilizing vapor recovery units and closed-loop systems to capture methane and prevent routine flaring, thereby ensuring compliance while conserving marketable gas. This shift is further encouraged by government incentives that speed up the deployment of low-carbon technologies among service providers. For example, the U.S. Department of Energy announced in a January 2025 press release concerning the Methane Emissions Reduction Program that approximately USD 850 million in funding is available to assist oil and gas operators in monitoring and mitigating methane emissions.

At the same time, the integration of artificial intelligence and machine learning for real-time well monitoring is transforming completion strategies by facilitating automated decision-making and predictive maintenance. Service companies are incorporating digital solutions into downhole tools to instantly analyze extensive datasets, enabling the precise optimization of fracturing parameters and the immediate detection of operational anomalies without human interference. This digital evolution creates significant commercial value as operators focus on software-driven efficiency to reduce expenses. According to SLB's 'Fourth-Quarter and Full-Year 2024 Results' released in January 2025, the company's Digital & Integration revenue increased by 20% year-on-year to USD 2.44 billion, fueled by rising customer adoption of AI and cloud technologies.

Key Market Players

• Schlumberger
• Halliburton
• Baker Hughes
• National Oilwell Varco
• Weatherford
• Trican Well Service
• Precision Drilling
• Calfrac Well Services
• Superior Energy Services

Report Scope

In this report, the Global Completion Equipment and Services Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Completion Equipment and Services Market, By Type

• Packers
• Sand Control Tools
• Liner Hangers
• Valves
• Others

Completion Equipment and Services Market, By Service Type

• Well Planning and Design
• Casing and Tubing Running
• Cementing Services
• Perforating Services
• Sand Control Services
• Artificial Lift Services
• Other Services

Completion Equipment and Services Market, By Application

• Onshore
• Offshore

Completion Equipment and Services Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Completion Equipment and Services Market.

Available Customizations:

Global Completion Equipment and Services Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Completion Equipment and Services Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Type (Packers, Sand Control Tools, Liner Hangers, Valves, Others)
  • 5.2.2. By Service Type (Well Planning and Design, Casing and Tubing Running, Cementing Services, Perforating Services, Sand Control Services, Artificial Lift Services, Other Services)
  • 5.2.3. By Application (Onshore, Offshore)
  • 5.2.4. By Region
  • 5.2.5. By Company (2025)
• 5.3. Market Map

6. North America Completion Equipment and Services Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Type
  • 6.2.2. By Service Type
  • 6.2.3. By Application
  • 6.2.4. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Completion Equipment and Services Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Type
      • 6.3.1.2.2. By Service Type
      • 6.3.1.2.3. By Application
  • 6.3.2. Canada Completion Equipment and Services Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Type
      • 6.3.2.2.2. By Service Type
      • 6.3.2.2.3. By Application
  • 6.3.3. Mexico Completion Equipment and Services Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Type
      • 6.3.3.2.2. By Service Type
      • 6.3.3.2.3. By Application

7. Europe Completion Equipment and Services Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Type
  • 7.2.2. By Service Type
  • 7.2.3. By Application
  • 7.2.4. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Completion Equipment and Services Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Type
      • 7.3.1.2.2. By Service Type
      • 7.3.1.2.3. By Application
  • 7.3.2. France Completion Equipment and Services Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Type
      • 7.3.2.2.2. By Service Type
      • 7.3.2.2.3. By Application
  • 7.3.3. United Kingdom Completion Equipment and Services Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Type
      • 7.3.3.2.2. By Service Type
      • 7.3.3.2.3. By Application
  • 7.3.4. Italy Completion Equipment and Services Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Type
      • 7.3.4.2.2. By Service Type
      • 7.3.4.2.3. By Application
  • 7.3.5. Spain Completion Equipment and Services Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Type
      • 7.3.5.2.2. By Service Type
      • 7.3.5.2.3. By Application

8. Asia Pacific Completion Equipment and Services Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Type
  • 8.2.2. By Service Type
  • 8.2.3. By Application
  • 8.2.4. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Completion Equipment and Services Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Type
      • 8.3.1.2.2. By Service Type
      • 8.3.1.2.3. By Application
  • 8.3.2. India Completion Equipment and Services Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Type
      • 8.3.2.2.2. By Service Type
      • 8.3.2.2.3. By Application
  • 8.3.3. Japan Completion Equipment and Services Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Type
      • 8.3.3.2.2. By Service Type
      • 8.3.3.2.3. By Application
  • 8.3.4. South Korea Completion Equipment and Services Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Type
      • 8.3.4.2.2. By Service Type
      • 8.3.4.2.3. By Application
  • 8.3.5. Australia Completion Equipment and Services Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Type
      • 8.3.5.2.2. By Service Type
      • 8.3.5.2.3. By Application

9. Middle East & Africa Completion Equipment and Services Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Type
  • 9.2.2. By Service Type
  • 9.2.3. By Application
  • 9.2.4. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Completion Equipment and Services Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Type
      • 9.3.1.2.2. By Service Type
      • 9.3.1.2.3. By Application
  • 9.3.2. UAE Completion Equipment and Services Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Type
      • 9.3.2.2.2. By Service Type
      • 9.3.2.2.3. By Application
  • 9.3.3. South Africa Completion Equipment and Services Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Type
      • 9.3.3.2.2. By Service Type
      • 9.3.3.2.3. By Application

10. South America Completion Equipment and Services Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Type
  • 10.2.2. By Service Type
  • 10.2.3. By Application
  • 10.2.4. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Completion Equipment and Services Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Type
      • 10.3.1.2.2. By Service Type
      • 10.3.1.2.3. By Application
  • 10.3.2. Colombia Completion Equipment and Services Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Type
      • 10.3.2.2.2. By Service Type
      • 10.3.2.2.3. By Application
  • 10.3.3. Argentina Completion Equipment and Services Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Type
      • 10.3.3.2.2. By Service Type
      • 10.3.3.2.3. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Completion Equipment and Services Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Schlumberger
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. Halliburton
• 15.3. Baker Hughes
• 15.4. National Oilwell Varco
• 15.5. Weatherford
• 15.6. Trican Well Service
• 15.7. Precision Drilling
• 15.8. Calfrac Well Services
• 15.9. Superior Energy Services

16. Strategic Recommendations

17. About Us & Disclaimer