Transparency Market Research Sand Control Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 Published Date 16-Sep-2016 110 Page Report Buy Now Request Sample Press Release Sand Control Systems Market to Benefit from High Demand for Technologically Advanced Equipment across Offshore Drilling Activities Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Sand Control Systems Market REPORT DESCRIPTION Sand Control Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 In the strikingly consolidated competitive landscape of the global market for sand control systems, the top four companies collectively commanded over a 92% share in 2015, observes Transparency Market Research (TMR) in a recent market research report. These top vendors: Schlumberger Limited, Halliburton Company, Baker Hughes, Inc., and Weatherford International, take the lead owing to their presence across most or all crucial segments of the supply chain, including manufacturing of equipment and installation and other related services. The highly capital and resource intensive market also presents immense entry barriers for new players owing to long-term contracts between sand control systems service providers and upstream companies. Owing to high dependence on the state of oil and gas drilling activities across the globe, which have seen a rocky patch since the beginning of 2015, the global sand control systems market exhibited a decline of nearly 6% over 2014. The vast decline in drilling and exploration activities and in the number of global rig count is expected to last for a while, owing to which the market’s growth is expected to be cyclical till 2020. Complete Report with TOC : http://www.transparencymarketresearch.com/sand-control-systems.html Gravel Packing Technology Takes Lead Presently, the market exhibits moderate growth prospects and is expected to expand at a 5.8% CAGR from 2016 through 2024. At this rate, the market, which had a valuation of US$3,222.5 mn in 2015, is expected to rise to US$5,372.8 mn by 2024. Of the key sand control systems used in the market, the segment of gravel packing leads, earning a nearly 29% of the global market in 2015. In terms of geography, Asia Pacific is the leading regional market for sand control systems and is expected to remain the most promising region in the next few years as well. Asia Pacific held a 27.5% share in the global market in 2015. High Demand for Enhancing Oil Production Efficiency to Stimulate Market Growth Owing to the recent global crude oil crisis, triggered chiefly owing to overproduction and low demand, oil producers have unproductive rigs and have increased their focus on improving the efficiency of operations of high-yielding oil rigs. “The increased focus on improving efficiencies of rigs which are in operation is expected to ultimately augment the overall global demand for sand control equipment,” states a TMR analyst. The market is also expected to earn significant traction owing to the increasing global investment in the field of offshore drilling. Technically advanced sand control systems capable of countering deepwater challenges with ease will find vast demand from the offshore drilling and exploration industry in the next few years. Transparency Market Research 2 Sand Control Systems Market High Costs of Advanced Sand Control Systems to Hinder Market Growth The key challenge for the global sand control systems market is the difficulty in balancing the high costs of sand control measures with the overall economic feasibility of a deepwater exploration project. That advanced sand control equipment has enabled oil and gas companies to alleviate many issues related to deepwater drilling and exploration is a known fact. However, the high costs associated with the process of installing sand control systems undermine their benefits to a certain extent. This factor is expected to act as a chief restraint for the market in the next few years. This snapshot of the market is based on a recent market research report published by Transparency Market Research, titled “Sand Control Systems Market for Rate Exclusion, Plastic Consolidation, Resin Coated Gravel, Standalone Screens, Gravel Packing, Frac Pack, and Other Techniques - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.” For this study, the global sand control systems market has been segmented as follows: Sand Control Systems Market - Technique Analysis • Rate Exclusion • Resins Coated Gravel • Plastic Consolidation • Stand-Alone Screens • Gravel Packing • Frac Pack • Others Download Free exclusive Sample of this report : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2664 TABLE OF CONTENT Preface 1.1. Report Description 1.2. Market Segmentation Transparency Market Research 3 Sand Control Systems Market 1.3. Report Scope & Assumptions 1.4. Research Methodology 2. Executive Summary 2.1. Global Sand Control Systems Market, (US$ Mn), 2014–2024 2.2. Global Sand Control Systems Market: Snapshot 3. Sand Control Systems Market – Industry Analysis 3.1. Introduction 3.2. Value Chain Analysis 3.3. Market Drivers 3.3.1. Growing Need of Enhancing Oil Production Efficiency 3.3.2. Advancements in Sand Control Techniques Enabling Operators to Offset Deepwater Challenges 3.4. Restraints 3.4.1. Difficulty in Balancing Cost of Sand Control with Overall Economic Viability of Deepwater Wells 3.5. Opportunity 3.5.1. Availability of Proven Oil Reserves in Abundance 3.5.2. Newly Discovered and Potential Oil & Gas Reserves 3.6. Porter’s Five Forces Analysis 3.6.1. Bargaining Power of Suppliers Transparency Market Research 4 Sand Control Systems Market 3.6.2. Bargaining Power of Buyers 3.6.3. Threat of New Entrants 3.6.4. Threat of Substitutes 3.6.5. Degree of Competition 3.7. Global Sand control systems Market Attractiveness, by Region, 2015 3.8. Global Sand control systems Market Attractiveness, by Company, 2015 4. Global Sand Control Systems Market – Technique Analysis 4.1. Global Sand Control Systems Market: Technique Overview 4.2. Global Sand Control Systems Market for Rate Exclusion (US$ Mn), 2014–2024 4.3. Global Sand Control Systems Market for Resins Coated Gravel (US$ Mn), 2014–2024 4.4. Global Sand Control Systems Market for Plastic Consolidation (US$ Mn), 2014–2024 4.5. Global Sand Control Systems Market for Stand Alone Screen (US$ Mn), 2014–2024 4.6. Global Sand Control Systems Market for Gravel Packing (US$ Mn), 2014–2024 4.7. Global Sand Control Systems Market for Others (US$ Mn), 2014–2024 5. Global Sand Control Systems Market - Regional Analysis 5.1. Global Sand Control Systems Market: Regional Overview 5.2. North America Sand Control Systems Market, 2015 and 2024 5.2.1. North America Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 5.2.2. U.S Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 5.2.3. Canada Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 Transparency Market Research 5 Sand Control Systems Market 5.2.4. Mexico Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 5.2.5 Rest of North America Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014– 2024 5.3. Europe Sand Control Systems Market, 2015 and 2024 5.3.1. Europe Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 5.3.2. Russia Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 5.3.3. U.K. Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 5.3.4. Norway Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 5.3.5. Rest of Europe Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 5.4. Asia Pacific Sand Control Systems Market, 2015 and 2024 5.4.1. Asia Pacific Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 5.4.2. China Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 5.4.3. India Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 5.4.4. Australia Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 5.4.5. Rest of Asia Pacific Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014– 2024 5.5. South & Central America Sand Control Systems Market, 2015 and 2024 5.5.1. South & Central America Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 5.5.2. Brazil Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 5.5.3. Argentina Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 5.5.4. Rest of South & Central America Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 Transparency Market Research 6 Sand Control Systems Market 5.6. Middle East & Africa Sand Control Systems Market, 2015 and 2024 5.6.1. Middle East & Africa Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014– 2024 5.6.2. UAE Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 5.6.3. Saudi Arabia Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 5.6.4. Nigeria Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 5.6.5. Angola Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 5.6.6. South Africa Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 5.6.7. Rest of Middle East & Africa Sand Control Systems Market Revenue, by Technique (US$ Mn), 2014–2024 6. Company Profiles 6.1. Baker Hughes, Inc. 6.1.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength) 6.1.2. Business Overview 6.1.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries 6.1.4. Business Strategy 6.1.5. Recent Developments 6.1.6. Financial Details by Segment & Region 6.2. 3M 6.2.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength) 6.2.2. Business Overview Transparency Market Research 7 Sand Control Systems Market 6.2.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries 6.2.4. Business Strategy 6.2.5. Recent Developments 6.2.6. Financial Details by Segment & Region 6.3. Grit Industries, Inc. 6.3.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength) 6.3.2. Business Overview 6.3.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries 6.3.4. Business Strategy 6.3.5. Recent Developments 6.3.6. Financial Details by Segment & Region 6.4. Halliburton 6.4.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength) 6.4.2. Business Overview 6.4.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries 6.4.4. Business Strategy 6.4.5. Recent Developments 6.4.6. Financial Details by Segment & Region 6.5. RPC Inc. 6.5.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength) 6.5.2. Business Overview 6.5.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries Transparency Market Research 8 Sand Control Systems Market 6.5.4. Business Strategy 6.5.5. Recent Developments 6.5.6. Financial Details by Segment & Region 6.6. Schlumberger Limited 6.6.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength) 6.6.2. Business Overview 6.6.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries 6.6.4. Business Strategy 6.6.5. Recent Developments 6.6.6. Financial Details by Segment & Region 6.7. Superior Energy Services, Inc. 6.7.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength) 6.7.2. Business Overview 6.7.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries 6.7.4. Business Strategy 6.7.5. Recent Developments 6.7.6. Financial Details by Segment & Region 6.8. Variperm Limited. 6.8.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength) 6.8.2. Business Overview 6.8.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries 6.8.4. Business Strategy Transparency Market Research 9 Sand Control Systems Market 6.8.5. Recent Developments 6.8.6. Financial Details by Segment & Region 6.9. Weatherford International Ltd. 6.9.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength) 6.9.2. Business Overview 6.9.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries 6.9.4. Business Strategy 6.9.5. Recent Developments 6.9.6. Financial Details by Segment & Region 6.10. Welltec 6.10.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength) 6.10.2. Business Overview 6.10.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries 6.10.4. Business Strategy 6.10.5. Recent Developments 6.10.6. Financial Details by Segment & Region 6.11. Tendeka, Inc. 6.11.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength) 6.11.2. Business Overview 6.11.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries 6.11.4. Business Strategy 6.11.5. Recent Developments Transparency Market Research 10 Sand Control Systems Market 6.11.6. Financial Details by Segment & Region Complete Report with TOC : http://www.transparencymarketresearch.com/sand-control-systems.html About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Transparency Market Research 11
In the strikingly consolidated competitive landscape of the global market for sand control systems, the top four companies collectively commanded over a 92% share in 2015, observes Transparency Market Research (TMR) in a recent market research report. These top vendors: Schlumberger Limited, Halliburton Company, Baker Hughes, Inc., and Weatherford International, take the lead owing to their presence across most or all crucial segments of the supply chain, including manufacturing of equipment and installation and other related services. The highly capital and resource intensive market also presents immense entry barriers for new players owing to long-term contracts between sand control systems service providers and upstream companies. Download Free exclusive Sample of this report : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2664 Owing to high dependence on the state of oil and gas drilling activities across the globe, which have seen a rocky patch since the beginning of 2015, the global sand control systems market exhibited a decline of nearly 6% over 2014. The vast decline in drilling and exploration activities and in the number of global rig count is expected to last for a while, owing to which the market’s growth is expected to be cyclical till 2020.
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