According to a market report by Lucintel, the future of the expandable liner hanger system market looks promising with opportunities in the onshore and offshore oil & gas production market. The global expandable liner hanger system market is expected to grow with a CAGR of 9% to 11% from 2022 to 2027. The major drivers for this market are growth of unconventional and deep water exploration and production activities along with rising oil & gas prices, increasing requirement for higher productivity and efficiency, and the advantages of covering wide areas by a single rig employing long lateral drilling methods.
Browse 68 market data tables and 107 figures spread through 205 pages and in-depth TOC on “Global Expandable Liner Hanger System Market"
In this market, expandable liner hanger system is deployed in onshore and offshore exploration and production activity. Lucintel forecasts thatoffshore is expected to witness the highest growth over the forecast period due the increasing deep-water production activity and launching of various offshore projects.
Within this market, expandable liner hanger system for oil will remain the largest market due to high demand of oil and increasing government and FDI investment in exploration of reservoir.
Asia Pacific will experience the highest growth over the forecast period due to the increasing demand from countries like China, India, Australia, and others.
Halliburton, Schlumberger, Dril-Quip, Weatherford International, Baker Huges, and Enventure Global Technology are among the major suppliers of expandable liner hanger system.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global expandable liner hanger system market by location of deployment, reservoir, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Expandable Liner Hanger System Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global expandable liner hanger system market by location of deployment, reservoir, and region as follows:
By Location of Deployment [Value ($M) shipment analysis for 2016 – 2027]:
•Onshore
•Offshore
By Reservoir [Value ($M) shipment analysis for 2016 – 2027]:
•Oil
•Gas
By Region [Value ($M) shipment analysis for 2016 – 2027]:
•North America
•Europe
•Asia Pacific
•The Rest of the World
This 205-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/expandable-liner-hanger-system-market.aspx or write us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high growth opportunities for the global expandable liner hanger system market by location of deployment (onshore and offshore), reservoir (oil and gas), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?