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Over the past decade, the steady adoption of Casing Running Tools (CRTs) has fundamentally reshaped the well construction landscape, creating sustained pressure on the liner hanger segment. As operators increasingly rely on CRTs to rotate, push, pull, and circulate casing to bottom more reliably, many wells that would traditionally have required a liner hanger are now being completed using full string casing instead. This shift has gradually eroded the overall volume of liner hanger installations, leaving service companies competing more aggressively for the remaining market share. The resulting environment over the last ten years has been marked by tighter margins, more intense commercial pressures, and a growing expectation that liner hanger offerings must deliver higher performance, more reliability, and lower total cost of ownership to remain competitive against CRT enabled alternatives.