The Sand Control Systems market size will grow from USD 2.39 Billion in 2017 to USD 3.00 Billion by 2023, at an estimated CAGR of 3.82%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
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Rising oil & gas production, high day rates of offshore rigs, increasing drilling activities in Asia Pacific region and growth in number of wells are the major drivers of the sand control systems market. Based on the application segment, the sand control systems market is segmented into offshore and onshore. The onshore sub-segment led the sand control systems market in 2018 and is projected to dominate the market during the forecast period due to the vast presence of oil & gas reserves and increased dependency on conventional oil & gas. The offshore application segment is expected to grow at the fastest rate during the forecast period.
By Market Players:
Schlumberger , Weatherford , Halliburton , National Oilwell Varco , Baker Hughes, A Ge Company , Dialog , Interwell , Mitchell , Oil States International , Packers Plus , Superior Energy , Tendeka , Variprem , Welltec , Hebei Shengkai,
Onshore , Offshore,
By Well Type
Open Hole , Cased Hole,
Gravel Pack , Frac Pack , Sand Screens , Inflow Control Devices , Others
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