Sand Control Systems include a device or equipment which eliminates the sand formations and its mixing in the process of extraction of hydrocarbons. These systems play a vital role in the overall process of completion and enhance overall productivity and performance of a well..

The global sand control systems market is valued at USD 2.84 Billion in 2017. 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. The report segments the sand control systems market, by technique, into gravel pack, frac pack, sand screens, inflow control devices, and others. Others include systems for cased and open-hole completions and combination of gravel pack and sand screens. The gravel pack sub-segment dominated the technique segment in 2016 due to increasing drilling of conventional oil and gas field in growing onshore regions across the world. 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 2016 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. Based on well type, the sand control systems market is segmented into cased hole and open hole well completions. Cased hole well completions held the largest market share in 2016 and is projected to dominate the market during the forecast period due to its retrieving logging measurements in the well casing during the well completion operations. In this report, the sand control systems market has been analyzed with respect to six regions, namely, Asia Pacific, North America, Europe, South America, the Middle East, and Africa. The market in Asia Pacific is expected to lead the global sand control systems market during the forecast period due increasing drilling activities and growing governmental support to meet the rising energy demands. New oilfield discoveries and redevelopment of ageing reservoirs can lead to opportunities in this market. Oil production cut agreement between OPEC and non- OPEC countries and large stockpiles of crude oil could be a restraint for the sand control systems market, leading to declining profits.

A detailed listing and benchmarking of the various growth strategies adopted by the key players in the sand control systems market in recent years has been provided. The players in the sand control systems market adopted both, organic and inorganic strategies to gain market share and drive revenue growth.

Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.

Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.

Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.

Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.