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Liner Hanger System Market By Location of Deployments (Onshore, Offshore)-Growth, Future Prospects & Competitive Analysis, 2016 – 2030

Published: | Report ID: 19184 | Report Format : PDF

Key Highlights of the Report

The global liner hanger system market is segmented by location of deployment and region. The onshore location of the deployment segment is the most popular, along with the offshore location type, with the Middle East and Africa leading the market growth.

The global liner hanger system market has been driven by several factors including the increasing number of rigs across the globe. Additionally, a trend of increasing adoption of automated and intelligent systems in liner hanger systems is driving the market growth. However, the market also faces significant challenges, including restrictions on high-pressure wellhead housing.

Nonetheless, the global Liner Hanger System market offers significant growth opportunities, such as there is increasing investment in oil and gas exploration activities across the globe. Furthermore, the demand for expandable liner hanger systems in the market is expected to be driven by the growing need for higher productivity and efficiency, as well as the benefits of covering large areas using long lateral drilling methods.

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Market Overview

The global Liner Hanger System market has witnessed steady growth in recent years and is expected to grow at a CAGR of 6.50% between 2023 and 2030. The market was valued at USD 2.2 billion in 2022 and is expected to reach USD 3.418770401 billion in 2030

What Are the Main Drivers of The Global Liner Hanger System Market?

The global liner hanger system market is driven by several factors, including the increasing number of rigs across the globe.

What Are the Major Challenges Faced by The Global Liner Hanger System Market?

The availability of raw materials and the high fluctuation of crude oil prices are projected to constrain the industry, which is preventing market expansion throughout the forecast period. The worldwide market for liner hanger systems also confronts a number of obstacles.

What Are the Growth Opportunities in The Global Liner Hanger System Market?

The oil and gas industries have increased investment due to the enormous growth potential provided by the global market for liner hanger systems.

Executive Summary

Overview of the Global Liner Hanger System Market

The global liner hanger system market has been steadily growing in recent years. A liner hanger is a tool or a system that is particularly required for hanging a liner in an oil production well. A liner hanger system comprises of polished bore receptacle (PBR) and a liner-top packer. These systems are either premium or standard, mechanical or hydraulic, conventional or expandable, rotating or non-rotating and pocket flip.

Market Definition

The liner hanger systems market refers to the industry that encompasses the design, manufacturing, and distribution of hanger systems used for suspending and supporting heavy equipment and components in various applications. Liner hanger systems are essential in industries such as oil and gas, mining, construction, manufacturing, and offshore operations, where the efficient organization and support of equipment are critical.

Liner Hanger System Market

Market Insights

  • The global demand for liner hanger systems was valued at USD 88.1 Billion in 2022 and is expected to reach USD 139.62 Billion in 2030, growing at a CAGR of 6.80% between 2023 and 2030.
  • offshore deployment is the leading segment and held around more than half of the share in terms of value in 2022, while the onshore segment is likely to exhibit the fastest CAGR during the forecast period.
  • Europe is fuelling the growth of the liner hanger system industry with a nearly two-fifth share in 2022, while Europe and Asia-pacific collectively accounted for just nearly under 55% share in 2022. Asia-pacific held over 22% share in 2022.
  • Liner hanger systems consist of various components, including hanger frames, beams, hooks, brackets, and other supporting elements. These parts are built to handle enormous weights and offer stable support for heavy machinery including pipes, cables, hoses, and other parts..

Segmentation by Location of Deployment

  • Offshore Location of deployment is the leading segment and held around half a share in value in 2022.
  • Onshore category will likely exhibit the fastest CAGR during the forecast period.

Segmentation by Region

  • Middle East and Africa was fuelling the growth of the Liner Hanger System industry with a nearly two-fifths share in 2022.
  • Europe and Asia-pacific collectively account for nearly under 55% share in 2022, with Asia-pacific holding over 22% share in the same year.
  • The rest of the world, including Latin America, North America contributes the remainder to the demand for liner hanger systems.

The increasing number of rigs in various industries is a significant driver behind the growth of the market for liner hanger systems. Rigs are utilized in sectors such as oil and gas exploration, mining, construction, and offshore operations, where the efficient support and organization of heavy equipment and components are crucial. As the number of rigs continues to rise, there is a growing demand for reliable and versatile liner hanger systems to meet the specific requirements of rig operations.

In the MEA, 3 additional rigs were running for a total of 775. The count is up 174 from the 601 rigs running in the US this time last year. MEA oil-directed rigs increased by 5 units to 623, up 131 from this time in 2022. Gas-directed rigs decreased by 2 to 150. A year ago, 109 units were drilling for gas. The number of rigs drilling on land was unchanged from last week at 754. The numbers of rigs drilling horizontally and vertically were unchanged this week at 700 and 26, respectively. Three additional rigs were drilling directionally, bringing the count to 49.

China is anticipated to witness a significant increase in land rig utilization, reaching 80% by 2025, surpassing the global average of 50%. This growth is primarily attributed to government mandates aimed at boosting domestic production, particularly in the unconventional sector. In February, China’s latest Five-Year Plan explicitly mentioned unconventional exploration and production as part of its strategy to reduce dependence on oil imports. In March, the Ministry of Finance and the State Administration of Taxation extended the 30% tax deduction for shale gas producers in China until 2023. As a result, China’s national oil companies have already outlined major projects to enhance production from unconventional fields.

Overall, the market for liner hanger systems is driven by the increasing demand for efficient equipment support solutions across multiple industries. The continual development of advanced materials, customization options, and intelligent features further enhances the functionality and performance of these systems.

The Rising Number of Rigs

Rigs require robust support systems to suspend and move heavy equipment such as pipes, cables, hoses, and other components. Liner hanger systems play a vital role in providing secure support and ensuring the safety of the equipment. As the number of rigs increases, the demand for efficient equipment support systems like liner hanger systems grows in parallel to maintain operational safety and prevent accidents caused by equipment falling or shifting.

For instance, according to United States Government Statistics in January 2023, US liquefied natural gas exports averaged around 12 billion cubic feet per day in 2023, up 14% from last year. The US government expects exports to increase by an additional 5% in 2024. The rise in rig counts comes as the United States seeks to sustain its liquified natural gas exports to displace Russian fuel. The oil and gas rig count is an early output, with the Biden administration appearing to be set on greater oil and gas investment. Which is further expected to boost the number of oil rigs across the country over the forecast period. indicator of future

Increasing Industrial Expansion and Infrastructure Deployment

The growth of industries such as oil and gas, mining, construction, manufacturing, and power generation drives the demand for liner hanger systems. As these industries expand their operations, there is a need for efficient equipment support solutions to ensure safe and organized workflows. Additionally, infrastructure development projects require robust hanger systems for the construction and maintenance of buildings, bridges, and transportation networks.

Restriction on High-pressure Wellhead Housing

The restriction on high-pressure wellhead housing can have a restraining effect on the growth of the liner hanger systems market. Wellhead housings are critical components in oil and gas drilling operations as they provide pressure containment and support for the wellhead equipment. For instance, Restrictions on high-pressure wellhead housing may limit the drilling operations in certain regions or for specific types of wells. This can lead to a decrease in the demand for liner hanger systems, as fewer drilling operations would require equipment support solutions. As a result, the market growth potential for liner hanger systems may be hindered in these regions or sectors.

Increasing Investment in Oil and Gas

With increased investment in oil and gas exploration, there is a higher number of drilling operations taking place. Liner hanger systems play a crucial role in supporting and organizing equipment during drilling activities. They provide secure suspension and support for pipes, cables, hoses, and other heavy components. The expansion of drilling operations directly drives the demand for liner hanger systems to ensure efficient and safe equipment support. As oil and gas companies explore and extract resources from offshore locations, the demand for liner hanger systems increases. Offshore drilling platforms and rigs require reliable and robust support systems to handle the unique challenges posed by marine environments. Liner hanger systems provide the necessary support for equipment and components in offshore operations, driving their demand in this segment. For instance, according to the report by the International Energy Forum in January 2023, the Oil and gas upstream capital expenditures increased by 39% in 2022 to US$ 499 billion as compared to the previous year 2021.

Competitive Landscape

Key Players

The global liner hanger system market is highly competitive, with the presence of several key players. Some of the major players in the market and their market share are as follows:

These companies focus on product innovation, expanding their applications, mergers, and acquisitions to stay ahead in the market. The major players in the global liner hanger system market constantly strive to stay ahead by introducing new products and innovations.

Bunge Ltd, a US-based company, decided in January 2019 to acquire two corn mills from Grupo Minsa, S.A.B. de C.V. in the United States. This acquisition expands the company’s product portfolio, which previously did not include masa precooked corn-based ingredients.

In 2020, Empressa Polar, a well-known brand of precooked corn-based ingredients, launched a food truck to commemorate World Arepa Day in North America and raise consumer awareness about the nutritional benefits of corn-based ingredients. The food truck was on tour in the United States for five weeks.

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Summary of Key Findings

  • Versatility and availability of corn crop as it is a very versatile crop that is processed into diverse ingredients. Additionally, a trend for clean label products, i.e., foods created with simple, recognizable ingredients driving market growth
  • Market segmented by Location of Deployment, and region.
  • offshore deployment is the most popular, with the rising investment in offshore exploration & production activities, the liner hanger market is anticipated to witness healthy demand during the forecast period.
  • Middle East & Africa is leading market growth; the market is highly competitive with key players including
  • Halliburton Company, Schlumberger Limited, Dril-Quip, Inc., Weatherford International PLC, Baker Hughes Company, Enventure Global Technology LLC and others.

Future Outlook

  • Positive outlook for the global Liner Hanger System market with significant growth potential in the Europe region
  • The rising number of rigs across the globe is driving growth
  • The restriction on high-pressure wellhead housing can have a restraining effect on the growth of the liner hanger systems market. Wellhead housings are critical components in oil and gas drilling operations as they provide pressure containment and support for the wellhead equipment.

Segmentation

  • By Location of Deployments
    • Onshore
    • Offshore
  • By Region
  • North America
    • The US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • The U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Data Modelling
1.3.2.1. Company Share Analysis Model
1.3.2.2. Revenue Based Modelling
1.3.3. Phase III – Primary Research
1.3.4. Research Limitations
1.3.5. Assumptions
1.4. Market Introduction
1.5. Market Research Scope

2. Executive Summary
2.1. Market Snapshot: Global Liner Hanger System Market
2.2. Global Liner Hanger System Market, By Location of Deployment
2.3. Global Liner Hanger System Market, By Region

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Liner Hanger System Market Value, 2017-2030, (US$ Bn)
3.1.2. Y-o-Y Growth Trend Analysis
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.2.3. Market Opportunities
3.2.4. Major Industry Challenges
3.3. Growth and Development Patterns
3.4. Investment Feasibility Analysis
3.5. Market Opportunity Analysis
3.5.1. Location of Deployment
3.5.2. Geography

4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute
4.2.5. Intensity of Competitive Rivalry
4.3. Key Market Trends
4.3.1. Demand Side Trends
4.3.2. Supply Side Trends
4.4. Value Chain Analysis
4.5. Technology Analysis
4.6. Analysis and Recommendations
4.7. Marketing Strategy Analysis
4.7.1. Direct Marketing
4.7.2. Indirect Marketing
4.7.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2022
5.1. Company market share of key players, 2022
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others

6. Economic Impact Analysis
6.1. Recession Impact
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Latin America
6.1.5. Middle East and Africa
6.2. Ukraine-Russia War Impact
6.2.1. North America
6.2.2. Europe
6.2.3. Asia Pacific
6.2.4. Latin America
6.2.5. Middle East and Africa
6.3. COVID-19 Impact Analysis
6.3.1. North America
6.3.2. Europe
6.3.3. Asia Pacific
6.3.4. Latin America
6.3.5. Middle East and Africa

7. Global Liner Hanger System Market, By Location of Deployment
7.1. Global Liner Hanger System Market Overview, by Location of Deployment
7.1.1. Global Liner Hanger System Market Revenue Share, By Location of Deployment, 2022 Vs 2030 (in %)
7.2. Onshore
7.2.1. Global Liner Hanger System Market, By Region, 2017-2030 (US$ Bn)
7.3. Offshore
7.3.1. Global Liner Hanger System Market, By Region, 2017-2030 (US$ Bn)

8. Global Liner Hanger System Market, By Region
8.1. Global Liner Hanger System Market Overview, by Region
8.1.1. Global Liner Hanger System Market, By Region, 2022 vs 2030 (in%)
8.2. Location of Deployment
8.2.1. Global Liner Hanger System Market, By Location of Deployment, 2017-2030 (US$ Bn)

9. North America Liner Hanger System Market Analysis
9.1. North America Liner Hanger System Market, by Location of Deployment, 2017-2030(US$ Bn)
9.1.1. Overview
9.1.2. SRC Analysis
9.2. North America Liner Hanger System Market, by Country, 2017-2030 (US$ Bn)
9.2.1. North America Liner Hanger System Market, by Country, 2022 Vs 2030 (in%)
9.2.2. U.S.
9.2.2.1. U.S. Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.2.2.2. U.S. Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)
9.2.3. Canada
9.2.3.1. Canada Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.2.3.2. Canada Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)
9.2.4. Mexico
9.2.4.1. Mexico Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.2.4.2. Mexico Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)

10. Europe Liner Hanger System Market Analysis
10.1. Europe Liner Hanger System Market, by Location of Deployment, 2017-2030(US$ Bn)
10.1.1. Overview
10.1.2. SRC Analysis
10.2. Europe Liner Hanger System Market, by Country, 2017-2030 (US$ Bn)
10.2.1. Europe Liner Hanger System Market, by Country, 2022 Vs 2030 (in%)
10.2.2. Germany
10.2.2.1. Germany Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.2.2.2. Germany Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)
10.2.3. France
10.2.3.1. France Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.2.3.2. France Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)
10.2.4. UK
10.2.4.1. UK Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.2.4.2. UK Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)
10.2.5. Italy
10.2.5.1. Italy Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.2.5.2. Italy Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)
10.2.6. Spain
10.2.6.1. Spain Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.2.6.2. Spain Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)
10.2.7. Rest of Europe
10.2.7.1. Rest of Europe Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.2.7.2. Rest of Europe Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)

11. Asia Pacific Liner Hanger System Market Analysis
11.1. Asia Pacific Liner Hanger System Market, by Location of Deployment, 2017-2030(US$ Bn)
11.1.1. Overview
11.1.2. SRC Analysis
11.2. Asia Pacific Liner Hanger System Market, by Country, 2017-2030 (US$ Bn)
11.2.1. Asia Pacific Liner Hanger System Market, by Country, 2022 Vs 2030 (in%)
11.2.2. China
11.2.2.1. China Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.2.2.2. China Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)
11.2.3. Japan
11.2.3.1. Japan Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.2.3.2. Japan Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)
11.2.4. India
11.2.4.1. India Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.2.4.2. India Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)
11.2.5. South Korea
11.2.5.1. South Korea Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.2.5.2. South Korea Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)
11.2.6. South-East Asia
11.2.6.1. South-East Asia Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.2.6.2. South-East Asia Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)
11.2.7. Rest of Asia Pacific
11.2.7.1. Rest of Asia Pacific Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.2.7.2. Rest of Asia Pacific Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)

12. Latin America Liner Hanger System Market Analysis
12.1. Latin America Liner Hanger System Market, by Location of Deployment, 2017-2030(US$ Bn)
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Latin America Liner Hanger System Market, by Country, 2017-2030 (US$ Bn)
12.2.1. Latin America Liner Hanger System Market, by Country, 2022 Vs 2030 (in%)
12.2.2. Brazil
12.2.2.1. Brazil Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.2.2.2. Brazil Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)
12.2.3. Argentina
12.2.3.1. Argentina Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.2.3.2. Argentina Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)
12.2.4. Rest of Latin America
12.2.4.1. Rest of Latin America Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.2.4.2. Rest of Latin America Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)

13. Middle East and Africa Liner Hanger System Market Analysis
13.1. Middle East and Africa Liner Hanger System Market, by Location of Deployment, 2017-2030(US$ Bn)
13.1.1. Overview
13.1.2. SRC Analysis
13.2. Middle East and Africa Liner Hanger System Market, by Country, 2017-2030 (US$ Bn)
13.2.1. Middle East and Africa Liner Hanger System Market, by Country, 2022 Vs 2030 (in%)
13.2.2. GCC Countries
13.2.2.1. GCC Countries Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
13.2.2.2. GCC Countries Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)
13.2.3. South Africa
13.2.3.1. South Africa Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
13.2.3.2. South Africa Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)
13.2.4. Rest of Middle East and Africa
13.2.4.1. Rest of Middle East and Africa Liner Hanger System Market Estimates and Forecast, 2017-2030 (US$ Bn)
13.2.4.2. Rest of Middle East and Africa Liner Hanger System, By Location of Deployment, 2017-2030 (US$ Bn)

14. Company Profiles
14.1. Halliburton Company
14.1.1. Company Overview
14.1.2. Product /Services Portfolio
14.1.3. Geographical Presence
14.1.4. Financial Summary
14.1.4.1. Market Revenue and Net Profit (2019-2022)
14.1.4.2. Business Segment Revenue Analysis
14.1.4.3. Geographical Revenue Analysis
14.2. Schlumberger Limited
14.3. Dril-Quip, Inc.
14.4. Weatherford International PLC
14.5. Baker Hughes Company
14.6. Enventure Global Technology LLC

List of Figures
FIG. 1 Global Liner Hanger System Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Liner Hanger System Market Segmentation
FIG. 4 Global Liner Hanger System Market, by Location of Deployment, 2022 (US$ Bn)
FIG. 5 Global Liner Hanger System Market, by Geography, 2022 (US$ Bn)
FIG. 6 Attractive Investment Proposition, by Location of Deployment, 2022
FIG. 7 Attractive Investment Proposition, by Geography, 2022
FIG. 8 Global Market Share Analysis of Key Liner Hanger System Market Manufacturers, 2022
FIG. 9 Global Liner Hanger System Market, by IoT Backend, Value, 2017-2030 (US$ Bn)
FIG. 10 Global Liner Hanger System Market, by Others, Value, 2017-2030 (US$ Bn)
FIG. 11 Global Liner Hanger System Market Value Contribution, By Location of Deployment, 2022 & 2030 (Value %)
FIG. 12 Global Liner Hanger System Market, by Onshore, Value, 2017-2030 (US$ Bn)
FIG. 13 Global Liner Hanger System Market, by Offshore, Value, 2017-2030 (US$ Bn)
FIG. 14 North America Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 15 U.S. Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 16 Canada Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 17 Europe Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 18 Germany Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 19 France Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 20 U.K. Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 21 Italy Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 22 Spain Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 23 Rest of Europe Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 24 Asia Pacific Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 25 China Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 26 Japan Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 27 India Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 28 South Korea Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 29 South-East Asia Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 30 Rest of Asia Pacific Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 31 Latin America Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 32 Brazil Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 33 Mexico Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 34 Rest of Latin America Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 35 Middle East & Africa Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 36 GCC Countries Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 37 South Africa Liner Hanger System Market, 2017-2030 (US$ Bn)
FIG. 38 Rest of Middle East and Africa Liner Hanger System Market, 2017-2030 (US$ Bn)

List of Tables
Market Snapshot: Global Liner Hanger System Market
Global Liner Hanger System Market: Market Drivers Impact Analysis
Global Liner Hanger System Market: Market Restraints Impact Analysis
Global Liner Hanger System Market, by Competitive Benchmarking, 2022
Global Liner Hanger System Market, by Geographical Presence Analysis, 2022
Global Liner Hanger System Market, by Key Strategies Analysis, 2022
Global Liner Hanger System Market, by Onshore, By Region, 2017-2022 (US$ Bn)
Global Liner Hanger System Market, by Onshore, By Region, 2023-2030 (US$ Bn)
Global Liner Hanger System Market, by Offshore, By Region, 2017-2022 (US$ Bn)
Global Liner Hanger System Market, by Offshore, By Region, 2023-2030 (US$ Bn)
Global Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
Global Liner Hanger System Market, by Region, 2017-2022 (US$ Bn)
Global Liner Hanger System Market, by Region, 2023-2030 (US$ Bn)
North America Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
North America Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
North America Liner Hanger System Market, by Country, 2017-2022 (US$ Bn)
North America Liner Hanger System Market, by Country, 2023-2030 (US$ Bn)
United States Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
United States Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
Canada Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
Canada Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
Mexico Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
Mexico Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
Europe Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
Europe Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
Europe Liner Hanger System Market, by Country, 2017-2022 (US$ Bn)
Europe Liner Hanger System Market, by Country, 2023-2030 (US$ Bn)
Germany Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
Germany Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
France Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
France Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
United Kingdom Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
United Kingdom Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
Italy Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
Italy Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
Spain Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
Spain Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
Rest of Europe Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
Rest of Europe Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
Asia Pacific Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
Asia Pacific Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
Asia Pacific Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
Asia Pacific Liner Hanger System Market, by Country, 2017-2022 (US$ Bn)
Asia Pacific Liner Hanger System Market, by Country, 2023-2030 (US$ Bn)
China Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
China Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
Japan Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
Japan Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
India Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
India Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
South Korea Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
South Korea Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
South-East Asia Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
South-East Asia Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
Rest of Asia Pacific Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
Rest of Asia Pacific Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
Latin America Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
Latin America Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
Latin America Liner Hanger System Market, by Country, 2017-2022 (US$ Bn)
Latin America Liner Hanger System Market, by Country, 2023-2030 (US$ Bn)
Brazil Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
Brazil Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
Argentina Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
Argentina Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
Rest of Latin America Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
Rest of Latin America Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
Middle East and Africa Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
Middle East and Africa Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
Middle East and Africa Liner Hanger System Market, by Country, 2017-2022 (US$ Bn)
Middle East and Africa Liner Hanger System Market, by Country, 2023-2030 (US$ Bn)
GCC Countries Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
GCC Countries Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
South Africa Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
South Africa Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)
Rest of Middle East and Africa Liner Hanger System Market, by Location of Deployment, 2017-2022 (US$ Bn)
Rest of Middle East and Africa Liner Hanger System Market, by Location of Deployment, 2023-2030 (US$ Bn)

Frequently Asked Questions

What is the current size of the global liner hanger system market?

The global Liner Hanger System market was valued at USD 88.1 Billion in 2022.

What is the expected growth rate of the liner hanger system market between 2023 and 2030?

The liner hanger system market is expected to grow at a CAGR of 6.80% between 2023 and 2030, reaching USD 139.62 Billion in 2030.

Which location of deployment segment is leading the market share in terms of product Location of Deployment?

Offshore is the leading segment by location of deployment, holding around more than half of the share in value in 2022.

Which region is fuelling the growth of the liner hanger system industry?

Middle East & Africa is fuelling the growth of the Liner Hanger System industry, with nearly two-fifth share in 2022.

Who are the major players in the global liner hanger system market?

The top players include Halliburton Company, Schlumberger Limited, Dril-Quip, Inc., Weatherford International PLC, Baker Hughes Company, Enventure Global Technology LLC and others.

What is the major market driver of the liner hanger system industry?

The highly versatile and availability & awareness about health are the major market drivers.

What are the major market restraints of the liner hanger system industry?

The restriction on high-pressure wellhead housing can have a restraining effect on the growth of the liner hanger systems market.

What are the major market opportunities of the liner hanger system industry?

Increasing investment in oil & gas opportunities for the liner hanger system industry.

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