Report Description

Global Intelligent Completion Market, By Type (Simple Intelligent Well Completion and Complex Intelligent Well Completion), By Application (Onshore and Offshore), By Function (Downhole Monitoring System, Surface Control System, Downhole Control System and Communication System), By Component (Hardware and Software), By Services (End-To-End Solution and Point Solution), By Company and By Geography, Forecast & Opportunities, 2023

  • Publish Date: NA
  • Format : PDF
  • Pages : 110
  • Industry : Oil and Gas

Global Intelligent Completion Market is projected to reach 2.22 billion by 2023, at a CAGR of over 6% owing to growing technological advancements, growing demand for real-time monitoring, increasing production of oil & gas wells and improved economical & operational benefits. Based on type, the market has been segmented into Simple Intelligent Well Completion and Complex Intelligent Well Completion. In 2017, simple intelligent well completion segment led the market with the largest market share and it is anticipated to maintain its dominance over the next five years as well since it helps to enhance the presentation of the wells and finds its application in horizontal and multidimensional wells. Based on component, the market has been segmented into Hardware & Software. The hardware segment is projected to lead the market over the next five years and is anticipated to grow at the fastest CAGR over the next five years, since it contains various components such as monitoring devices, control devices, etc. The key players in the market are Praxis, Ciscon Nigeria, Tendeka, Bhge, Halliburton, among others.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2023

Objective of the Study:

  • To analyse and forecast the market size of Intelligent Completion Market, in terms of value.
  • To classify and forecast Global Intelligent Completion Market based on type, application, function, component, services and regional distribution.
  • To identify drivers and challenges for Global Intelligent Completion Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Intelligent Completion Market.
  • To conduct the pricing analysis for Intelligent Completion Market.
  • To identify and analyse the profile of leading players involved in the manufacturing of Global Intelligent Completion Market.

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Some of the leading players in the Global Intelligent Completion Market are Weatherford, Schlumberger, Praxis, Ciscon Nigeria, Tendeka, Bhge, Halliburton, Vantage Energy, Omega Well Intervention Ltd., National Oilwell Varco etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe.

TechSci Research calculated the market size of Global Intelligent Completion Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Rig manufacturers and suppliers
  • Drilling and completions companies
  • Oilfield service provider companies
  • End consumers
  • Industry associations and experts
  • Research organizations and consulting companies.
  • Research Institutes
  • Industry associations
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

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

  • Market, By Type:
    • Simple Intelligent Well Completion
    • Complex Intelligent Well Completion
  • Market, By Application:
    • Onshore
    • Offshore
  • Market, By Function:
    • Downhole Monitoring System
    • Surface Control System
    • Downhole Control System
    • Communication System
  • Market, By Component:
    • Hardware
    • Software
  • Market, By Services:
    • End-To-End Solution
    • Point Solution
  • Market, by Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe & CIS
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Intelligent Completion Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the 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).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at

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