Report Summary
Global Liner Hanger Market is expected to grow at a healthy CAGR of 4.8% over forecast period 2020-2026. Increase in number of rigs, growing need for higher productivity and efficiency, rising unconventional and deepwater exploration and technological advancement are the factors propelling the market growth.Market Trends, Drivers, Restraints and Opportunities: Surge in the number of rigs, increase in the total drilled footage per well, and technological advancements are anticipated to fuel the market growth. Expandable liner hanger systems are preferred for deepwater well completions, as these are designed for applications where long and heavy liners need to be deployed in challenging environments. Restrictions imposed by the high-pressure wellhead housing are likely to hamper market growth. The development of deep-water and ultra-deepwater reserves is expected to create opportunities in the market in the near future. Scope of the report: The report on liner hanger market includes an assessment of the market, size, share, trends, segments and regional markets. Overview and dynamics have been included in the report.Liner Hanger Market Segment Insights: High demand for mechanical liner hangers is high as these are less expensive and less challenging In terms of products, the liner hanger market has been divided into mechanical liner hangers, hydraulic liner hangers, and expandable liner hangers. Mechanical liner hanger systems are used in vertical onshore wells. These hangers are deployed in shallow waters, as these are less expensive and less challenging to drill and explore. Demand for these hangers is high, where costs associated with well construction is less. Their mechanism is driven by drill pipe rotation. The liner is set when attached to the well's cone. Hydraulic pipe hangers are used mainly in onshore tanks underwater, upright, and profound high pressure/high temperature (HP/HT). Hydraulic liner hangers incur high maintenance costs; however, they enable covering and cement activity. The forces of hydraulic pressure attach these systems to the well cones. Expandable liner hangers are commonly used when running and hanging long liners, and to provide stronger cementing work. Revival of oil and gas prices is projected to drive the offshore segment Based on applications, the market has been bifurcated into onshore and offshore. The offshore segment is estimated to expand at a substantial pace during the forecast period owing to the revival of oil and gas prices and kick start of various offshore projects. Moreover, high degree of complexities in offshore oil and gas reserve formations are expected to encourage companies to develop offshore specific liner hangers. The market in Asia Pacific to expand at a rapid growth rate On the basis of regions, theGlobal liner hanger market has been segregated into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period, due to the rise in drilling activities in China. Additionally, the Government of China is offering significant favorable reforms to boost international participation in the oil and gas industry. The country's 13th five-year plan includes the opening up of more land to independent participants is expected to diversify investments and boost drilling and completion activities, thus driving the liner hanger systems market in the country. Competitive Landscape: Key players in the liner hanger market include Weatherford International PLC, Baker Hughes, GE Company, National Oilwell Varco Inc., Halliburton Company, Schlumberger Limited, NCS Multistage LLC, Well Innovation AS, Innovex Downhole Solutions Inc, Packers Plus Energy Services Inc, andSaga Group. They engage in mergers & acquisitions, agreements, partnerships, and product launches to strengthen their geographical presence. Report Details Table of Content Free Sample Liner Hanger Market by Product (Mechanical Liner Hangers, Hydraulic Liner Hangers, and Expandable Liner Hangers), Applications (Onshore and Offshore), and Regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) –Global Industry Analysis, Growth, Share, Size, Trends, and Forecast From 2022 To 2030 Liner Hanger Market by Product (Mechanical Liner Hangers, Hydraulic Liner Hangers, and Expandable Liner Hangers), Applications (Onshore and Offshore), and Regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) ?Global Industry Analysis, Growth, Share, Size, Trends, and Forecast From 2022 To 2030 Report ID: 5977 4200 Machinery & Equipment Dataintelo 113 Pages 5 (47) Report Details ToC Free Sample Global Liner Hanger Market is expected to grow at a healthy CAGR of 4.8% over forecast period 2020-2026. Increase in number of rigs, growing need for higher productivity and efficiency, rising unconventional and deepwater exploration and technological advancement are the factors propelling the market growth. Liner Hanger Market Executive Summary Get Free Sample Report Market Trends, Drivers, Restraints and Opportunities: Surge in the number of rigs, increase in the total drilled footage per well, and technological advancements are anticipated to fuel the market growth. Expandable liner hanger systems are preferred for deepwater well completions, as these are designed for applications where long and heavy liners need to be deployed in challenging environments. Restrictions imposed by the high-pressure wellhead housing are likely to hamper market growth. The development of deep-water and ultra-deepwater reserves is expected to create opportunities in the market in the near future. Scope of the report: The report on liner hanger market includes an assessment of the market, size, share, trends, segments and regional markets. Overview and dynamics have been included in the report. Attributes Details Base Year 2019 Historic Data 2015-2019 Forecast Period 2020-2026 Regional Scope North America, Latin America, Europe, Asia Pacific, and Middle East & Africa Report Coverage Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities and revenue forecast. Liner Hanger Market Taxanomy Liner Hanger Market Segment Insights: High demand for mechanical liner hangers is high as these are less expensive and less challenging In terms of products, the liner hanger market has been divided into mechanical liner hangers, hydraulic liner hangers, and expandable liner hangers. Mechanical liner hanger systems are used in vertical onshore wells. These hangers are deployed in shallow waters, as these are less expensive and less challenging to drill and explore. Demand for these hangers is high, where costs associated with well construction is less. Their mechanism is driven by drill pipe rotation. The liner is set when attached to the well's cone. Hydraulic pipe hangers are used mainly in onshore tanks underwater, upright, and profound high pressure/high temperature (HP/HT). Hydraulic liner hangers incur high maintenance costs; however, they enable covering and cement activity. The forces of hydraulic pressure attach these systems to the well cones. Expandable liner hangers are commonly used when running and hanging long liners, and to provide stronger cementing work. Revival of oil and gas prices is projected to drive the offshore segment Based on applications, the market has been bifurcated into onshore and offshore. The offshore segment is estimated to expand at a substantial pace during the forecast period owing to the revival of oil and gas prices and kick start of various offshore projects. Moreover, high degree of complexities in offshore oil and gas reserve formations are expected to encourage companies to develop offshore specific liner hangers. The market in Asia Pacific to expand at a rapid growth rate On the basis of regions, theGlobal liner hanger market has been segregated into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period, due to the rise in drilling activities in China. Additionally, the Government of China is offering significant favorable reforms to boost international participation in the oil and gas industry. The country's 13th five-year plan includes the opening up of more land to independent participants is expected to diversify investments and boost drilling and completion activities, thus driving the liner hanger systems market in the country. Competitive Landscape: Key players in the liner hanger market include Weatherford International PLC, Baker Hughes, GE Company, National Oilwell Varco Inc., Halliburton Company, Schlumberger Limited, NCS Multistage LLC, Well Innovation AS, Innovex Downhole Solutions Inc, Packers Plus Energy Services Inc, andSaga Group. They engage in mergers & acquisitions, agreements, partnerships, and product launches to strengthen their geographical presence. Liner Hanger MarketGlobal Outlook Segments Covered in the Report The liner hanger market has been segmented based on products, applications, and regions. By Products Mechanical Liner Hangers Hydraulic Liner Hangers Expandable Liner Hangers By Applications Onshore Offshore By Regions North America Latin America Europe Middle East & Africa Asia Pacific
Table of content
Table of Contents
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Liner Hangers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Liner Hangers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Liner Hangers Market - Supply Chain
4.5.Global Liner Hangers Market Forecast
4.5.1. Liner Hangers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Liner Hangers Market Size (000? Units) and Y-o-Y Growth
4.5.3. Liner Hangers Market Absolute $ Opportunity
5.Global Liner Hangers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Liner Hangers Market Size and Volume Forecast by Type
5.3.1. Mechanical Liner Hangers
5.3.2. Hydraulic Liner Hangers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6.Global Liner Hangers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Liner Hangers Market Size and Volume Forecast by Application
6.3.1. Onshore
6.3.2. Offshore
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7.Global Liner Hangers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Liner Hangers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8.Global Liner Hangers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Liner Hangers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6.Global Liner Hangers Demand Share Forecast, 2019-2026
9. North America Liner Hangers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Liner Hangers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Liner Hangers Market Size and Volume Forecast by Application
9.4.1. Onshore
9.4.2. Offshore
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Liner Hangers Market Size and Volume Forecast by Type
9.7.1. Mechanical Liner Hangers
9.7.2. Hydraulic Liner Hangers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Liner Hangers Demand Share Forecast, 2019-2026
10. Latin America Liner Hangers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Liner Hangers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Liner Hangers Market Size and Volume Forecast by Application
10.4.1. Onshore
10.4.2. Offshore
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Liner Hangers Market Size and Volume Forecast by Type
10.7.1. Mechanical Liner Hangers
10.7.2. Hydraulic Liner Hangers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Liner Hangers Demand Share Forecast, 2019-2026
11. Europe Liner Hangers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Liner Hangers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Liner Hangers Market Size and Volume Forecast by Application
11.4.1. Onshore
11.4.2. Offshore
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Liner Hangers Market Size and Volume Forecast by Type
11.7.1. Mechanical Liner Hangers
11.7.2. Hydraulic Liner Hangers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Liner Hangers Demand Share, 2019-2026
12. Asia Pacific Liner Hangers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Liner Hangers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Liner Hangers Market Size and Volume Forecast by Application
12.4.1. Onshore
12.4.2. Offshore
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Liner Hangers Market Size and Volume Forecast by Type
12.7.1. Mechanical Liner Hangers
12.7.2. Hydraulic Liner Hangers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Liner Hangers Demand Share, 2019-2026
13. Middle East & Africa Liner Hangers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Liner Hangers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Liner Hangers Market Size and Volume Forecast by Application
13.4.1. Onshore
13.4.2. Offshore
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Liner Hangers Market Size and Volume Forecast by Type
13.7.1. Mechanical Liner Hangers
13.7.2. Hydraulic Liner Hangers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Liner Hangers Demand Share, 2019-2026
14. Competition Landscape
14.1.Global Liner Hangers Market: Market Share Analysis
14.2. Liner Hangers Distributors and Customers
14.3. Liner Hangers Market: Competitive Dashboard
14.4. Company Profiles (Details ? Overview, Financials, Developments, Strategy)
14.4.1. BHGE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Schlumberger
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Halliburton
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. National Oilwell Varco
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Weatherford International
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Allamon Tool
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Innovex Downhole Solutions
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DEW GmbH
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Packers Plus
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Saga Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Dril-Quip (TIW Corporation)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook