Market Overview:
The global mechanical liner hanger systems market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for oil and gas across the globe. Additionally, the growing exploration and production activities in offshore areas are also contributing to the growth of this market. The rotating type segment is expected to dominate the global mechanical liner hanger systems market during the forecast period.
Product Definition:
A Mechanical Liner Hanger System is a device that is installed in the wellbore to support and position the production tubing, casing, or other downhole equipment. The system typically consists of one or more hangers that are suspended from a landing string and connected to the production tubing, casing, or other equipment.
Rotating Type:
Rotating type mechanical liner hanger systems are used in the packaging of products that require a high level of stability. These systems are widely used for the packaging of industrial machinery, automotive components and electronic devices among others. The system is made up of a series or frames that hold the product to be packed in place with respect to its length and width.
Non-Rotating Type:
Non-rotating type mechanical liner hanger systems are used in applications where the product is required to be positioned at a fixed location. These systems are ideal for products that do not require heavy load support and can be easily damaged by being moved around. The non-rotating type mechanical liner hanger system consists of a base, an armature, and a bracketry which is used to position the product on either vertical or horizontal surfaces.
Application Insights:
The onshore application segment dominated the global market in 2017. The growth of this application can be attributed to the fact that most of the oil & gas companies are focusing on increasing their production capacity, which is leading to an increase in requirement for drilling rigs and platforms. Furthermore, stringent regulations regarding water pollution by oil & gas companies are driving demand for mechanical liner hangers from various applications including onshore.
Offshore is expected to be one of the fastest-growing segments over the forecast period owing to increased offshore rig activities particularly in Saudi Arabia, Russia and China due largely to these countries¢â‚¬â„¢ ability as producers with low costs associated with them. In addition, technological advancements such as advanced deepwater technologies along with rising need for energy generation will drive demand over next eight years especially from Saudi Arabia and Russia who have huge offshore reserves respectively.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of offshore oil and gas reserves in countries such as India, China, Vietnam, Philippines, Indonesia has fueled the demand for mechanical liner hangers. Furthermore, increasing investments by various governments for developing offshore oilfields are anticipated to drive product demand over the next eight years.
The Asia Pacific mechanical liner hanger systems market is also driven by growing construction activities across emerging economies such as China and India owing to rapid urbanization coupled with rising population. In addition, government initiatives encouraging FDI from international companies are expected to boost industrial development in this region which will further fuel growth during the forecast period.
Growth Factors:
- Increasing demand for oil and gas from developing countries
- Rising investment in exploration and production activities
- Technological advancements in mechanical liner hanger systems
- Growing number of mature fields that need to be rejuvenated with new technology
- Proliferation of unconventional resources such as shale gas that require use of mechanical liner hanger systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Mechanical Liner Hanger Systems Market Research Report
By Type
Rotating Type, Non-Rotating Type
By Application
Onshore, Offshore
By Companies
BHGE, Schlumberger, Halliburton, National Oilwell Varco, Weatherford International, Allamon Tool, Innovex Downhole Solutions, DEW GmbH, Packers Plus, Saga Group, Dril-Quip (TIW Corporation)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Mechanical Liner Hanger Systems Market Report Segments:
The global Mechanical Liner Hanger Systems market is segmented on the basis of:
Types
Rotating Type, Non-Rotating Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Onshore, Offshore
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BHGE
- Schlumberger
- Halliburton
- National Oilwell Varco
- Weatherford International
- Allamon Tool
- Innovex Downhole Solutions
- DEW GmbH
- Packers Plus
- Saga Group
- Dril-Quip (TIW Corporation)
Highlights of The Mechanical Liner Hanger Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rotating Type
- Non-Rotating Type
- By Application:
- Onshore
- Offshore
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mechanical Liner Hanger Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mechanical liner hanger systems are a type of garment hanger that use a series of metal bars to suspend garments from the wall. The bars are mounted on a pivoting arm, which allows the hangers to be rotated so that they can be placed in any direction. This system is popular among clothing retailers because it is easy to use and allows for quick and efficient placement of clothes on the racks.
Some of the key players operating in the mechanical liner hanger systems market are BHGE, Schlumberger, Halliburton, National Oilwell Varco, Weatherford International, Allamon Tool, Innovex Downhole Solutions, DEW GmbH, Packers Plus, Saga Group, Dril-Quip (TIW Corporation).
The mechanical liner hanger systems market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mechanical Liner Hanger Systems 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. Mechanical Liner Hanger Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mechanical Liner Hanger Systems Market - Supply Chain
4.5. Global Mechanical Liner Hanger Systems Market Forecast
4.5.1. Mechanical Liner Hanger Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mechanical Liner Hanger Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mechanical Liner Hanger Systems Market Absolute $ Opportunity
5. Global Mechanical Liner Hanger Systems 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. Mechanical Liner Hanger Systems Market Size and Volume Forecast by Type
5.3.1. Rotating Type
5.3.2. Non-Rotating Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mechanical Liner Hanger Systems 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. Mechanical Liner Hanger Systems 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 Mechanical Liner Hanger Systems 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. Mechanical Liner Hanger Systems 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 Mechanical Liner Hanger Systems 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. Mechanical Liner Hanger Systems 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 Mechanical Liner Hanger Systems Demand Share Forecast, 2019-2026
9. North America Mechanical Liner Hanger Systems 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 Mechanical Liner Hanger Systems 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 Mechanical Liner Hanger Systems 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 Mechanical Liner Hanger Systems Market Size and Volume Forecast by Type
9.7.1. Rotating Type
9.7.2. Non-Rotating Type
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 Mechanical Liner Hanger Systems Demand Share Forecast, 2019-2026
10. Latin America Mechanical Liner Hanger Systems 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 Mechanical Liner Hanger Systems 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 Mechanical Liner Hanger Systems 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 Mechanical Liner Hanger Systems Market Size and Volume Forecast by Type
10.7.1. Rotating Type
10.7.2. Non-Rotating Type
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 Mechanical Liner Hanger Systems Demand Share Forecast, 2019-2026
11. Europe Mechanical Liner Hanger Systems 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 Mechanical Liner Hanger Systems 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 Mechanical Liner Hanger Systems 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 Mechanical Liner Hanger Systems Market Size and Volume Forecast by Type
11.7.1. Rotating Type
11.7.2. Non-Rotating Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Gowth 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 Mechanical Liner Hanger Systems Demand Share, 2019-2026
12. Asia Pacific Mechanical Liner Hanger Systems 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 Mechanical Liner Hanger Systems 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 Mechanical Liner Hanger Systems 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 Mechanical Liner Hanger Systems Market Size and Volume Forecast by Type
12.7.1. Rotating Type
12.7.2. Non-Rotating Type
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 Mechanical Liner Hanger Systems Demand Share, 2019-2026
13. Middle East & Africa Mechanical Liner Hanger Systems 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 Mechanical Liner Hanger Systems 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 Mechanical Liner Hanger Systems 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 Mechanical Liner Hanger Systems Market Size and Volume Forecast by Type
13.7.1. Rotating Type
13.7.2. Non-Rotating Type
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 Mechanical Liner Hanger Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mechanical Liner Hanger Systems Market: Market Share Analysis
14.2. Mechanical Liner Hanger Systems Distributors and Customers
14.3. Mechanical Liner Hanger Systems 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
