[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Global Artificial Lift System Market Size study, by Type (EPS, PCB and Rod Lift), by Components (Pump, Motor, Separator, Cable, Pump Jack and Sucker rod) and Regional Forecasts 2022-2029

February 2023 | 200 pages | ID: GA569A73352AEN
Bizwit Research & Consulting LLP

US$ 4,950.00

E-mail Delivery (PDF), Hard Copy Mail Delivery

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
Global Artificial Lift System market is valued at approximately USD 28330 Million in 2021 and is anticipated to grow with a growth rate of more than 7.7 % over the forecast period 2022-2029.
Artificial lift is a process that is applicable in oil wells to create pressure within the reservoir and uplift oil to the surface. Moreover, if the naturally driven energy oil reservoir is failed to push the oil to the surface, at that time artificial lift system is used to recover more production. The factors driving the growth of global artificial lift system market over the forecast years are rising oil consumption worldwide and increasing product requirements in mature fields.

According to the International Energy Association, in 2019, global oil consumption was estimated at 4.4 mb/d, and global oil consumption is projected to reach 104.1 mb/d by 2026. Thus, the rising oil consumption across the globe will propel the growth of market over the forecast years. Also, booming subsea operation is a lucrative growth opportunity for the market. However, lack of industry professionals stifles market growth throughout the forecast period of 2022-2029.

The regional analysis of the global Artificial Lift System market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America accounts for the largest market share in the global artificial lift system market due to the rising use of artificial lift systems for shale gas production. Whereas, Asia Pacific is the fastest growing region in the global artificial lift system market over the forecast years owing to the rising population of emerging economies such as India and China and fueling requirement of oil and gas in these economies.

Market players included in this report are:
Baker Hughes
Borets Company LLC
General Electric Energy
Halliburton Company
Kudu Industries
National Oilwell Varco Inc.
Schlumberger Limited
Tenaris S.A
Torqueflow Sydex Ltd
Weatherford International Ltd

Recent Developments in the Market:
In June 2021, Oil Dynamics GmbH announced upgradation of two wells for a leading oilfield operator based in Hannover, Germany. Oil Dynamics upgraded the wells from Progressing Cavity Pumps (PCPs) to Electric Submersible Pumps (ESPs).

Global Artificial Lift System Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Component, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

ESP
PCB
Rod lift

By Component:

Pump
Motor
Separator
Cable
Pump Jack
Sucker rod

By Regions:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
  1.2.1. Artificial Lift System Market, by Region, 2019-2029 (USD Million)
  1.2.2. Artificial Lift System Market, by Type, 2019-2029 (USD Million)
  1.2.3. Artificial Lift System Market, by Component, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL ARTIFICIAL LIFT SYSTEM MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL ARTIFICIAL LIFT SYSTEM MARKET DYNAMICS

3.1. Artificial Lift System Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Rising oil consumption worldwide
    3.1.1.2. Increasing product requirement in mature field
  3.1.2. Market Challenges
    3.1.2.1. Lack of skilled work professionals
  3.1.3. Market Opportunities
    3.1.3.1. Booming subsea operation

CHAPTER 4. GLOBAL ARTIFICIAL LIFT SYSTEM MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL ARTIFICIAL LIFT SYSTEM MARKET, BY TYPE

6.1. Market Snapshot
6.2. Global Artificial Lift System Market by Type, Performance - Potential Analysis
6.3. Global Artificial Lift System Market Estimates & Forecasts by Type 2019-2029 (USD Million)
6.4. Artificial Lift System Market, Sub Segment Analysis
  6.4.1. ESP
  6.4.2. PCB
  6.4.3. Rod lift

CHAPTER 7. GLOBAL ARTIFICIAL LIFT SYSTEM MARKET, BY COMPONENT

7.1. Market Snapshot
7.2. Global Artificial Lift System Market by Component, Performance - Potential Analysis
7.3. Global Artificial Lift System Market Estimates & Forecasts by Component 2019-2029 (USD Million)
7.4. Artificial Lift System Market, Sub Segment Analysis
  7.4.1. Pump
  7.4.2. Motor
  7.4.3. Separator
  7.4.4. Cable
  7.4.5. Pump Jack
  7.4.6. Sucker rod

CHAPTER 8. GLOBAL ARTIFICIAL LIFT SYSTEM MARKET, REGIONAL ANALYSIS

8.1. Artificial Lift System Market, Regional Market Snapshot
8.2. North America Artificial Lift System Market
  8.2.1. U.S. Artificial Lift System Market
    8.2.1.1. Type breakdown estimates & forecasts, 2019-2029
    8.2.1.2. Component breakdown estimates & forecasts, 2019-2029
  8.2.2. Canada Artificial Lift System Market
8.3. Europe Artificial Lift System Market Snapshot
  8.3.1. U.K. Artificial Lift System Market
  8.3.2. Germany Artificial Lift System Market
  8.3.3. France Artificial Lift System Market
  8.3.4. Spain Artificial Lift System Market
  8.3.5. Italy Artificial Lift System Market
  8.3.6. Rest of Europe Artificial Lift System Market
8.4. Asia-Pacific Artificial Lift System Market Snapshot
  8.4.1. China Artificial Lift System Market
  8.4.2. India Artificial Lift System Market
  8.4.3. Japan Artificial Lift System Market
  8.4.4. Australia Artificial Lift System Market
  8.4.5. South Korea Artificial Lift System Market
  8.4.6. Rest of Asia Pacific Artificial Lift System Market
8.5. Latin America Artificial Lift System Market Snapshot
  8.5.1. Brazil Artificial Lift System Market
  8.5.2. Mexico Artificial Lift System Market
  8.5.3. Rest of Latin America Artificial Lift System Market
8.6. Rest of The World Artificial Lift System Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. Baker Hughes
    9.2.1.1. Key Information
    9.2.1.2. Overview
    9.2.1.3. Financial (Subject to Data Availability)
    9.2.1.4. Product Summary
    9.2.1.5. Recent Developments
  9.2.2. Borets Company LLC
  9.2.3. General Electric Energy
  9.2.4. Halliburton Company
  9.2.5. Kudu Industries
  9.2.6. National Oilwell Varco Inc.
  9.2.7. Schlumberger Limited
  9.2.8. Tenaris S.A
  9.2.9. Torqueflow Sydex Ltd
  9.2.10. Weatherford International Ltd

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
LIST OF TABLES

TABLE 1. Global Artificial Lift System Market, report scope
TABLE 2. Global Artificial Lift System Market estimates & forecasts by Region 2019-2029 (USD Million)
TABLE 3. Global Artificial Lift System Market estimates & forecasts by Type 2019-2029 (USD Million)
TABLE 4. Global Artificial Lift System Market estimates & forecasts by Component 2019-2029 (USD Million)
TABLE 5. Global Artificial Lift System Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 6. Global Artificial Lift System Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 7. Global Artificial Lift System Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 8. Global Artificial Lift System Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 9. Global Artificial Lift System Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 10. Global Artificial Lift System Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 11. Global Artificial Lift System Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 12. Global Artificial Lift System Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 13. Global Artificial Lift System Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 14. Global Artificial Lift System Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 15. U.S. Artificial Lift System Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 16. U.S. Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 17. U.S. Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 18. Canada Artificial Lift System Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 19. Canada Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 20. Canada Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 21. UK Artificial Lift System Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 22. UK Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 23. UK Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 24. Germany Artificial Lift System Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 25. Germany Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 26. Germany Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 27. France Artificial Lift System Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 28. France Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 29. France Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 30. Italy Artificial Lift System Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 31. Italy Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 32. Italy Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 33. Spain Artificial Lift System Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 34. Spain Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 35. Spain Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 36. RoE Artificial Lift System Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 37. RoE Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 38. RoE Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 39. China Artificial Lift System Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 40. China Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 41. China Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 42. India Artificial Lift System Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 43. India Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 44. India Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 45. Japan Artificial Lift System Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 46. Japan Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 47. Japan Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 48. South Korea Artificial Lift System Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 49. South Korea Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 50. South Korea Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 51. Australia Artificial Lift System Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 52. Australia Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 53. Australia Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 54. RoAPAC Artificial Lift System Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 55. RoAPAC Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 56. RoAPAC Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 57. Brazil Artificial Lift System Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 58. Brazil Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 59. Brazil Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 60. Mexico Artificial Lift System Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 61. Mexico Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 62. Mexico Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 63. RoLA Artificial Lift System Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 64. RoLA Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 65. RoLA Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 66. Row Artificial Lift System Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 67. Row Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 68. Row Artificial Lift System Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 69. List of secondary sources, used in the study of global Artificial Lift System Market
TABLE 70. List of primary sources, used in the study of global Artificial Lift System Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Artificial Lift System Market, research methodology
FIG 2. Global Artificial Lift System Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Artificial Lift System Market, key trends 2021
FIG 5. Global Artificial Lift System Market, growth prospects 2022-2029
FIG 6. Global Artificial Lift System Market, porters 5 force model
FIG 7. Global Artificial Lift System Market, pest analysis
FIG 8. Global Artificial Lift System Market, value chain analysis
FIG 9. Global Artificial Lift System Market by segment, 2019 & 2029 (USD Million)
FIG 10. Global Artificial Lift System Market by segment, 2019 & 2029 (USD Million)
FIG 11. Global Artificial Lift System Market by segment, 2019 & 2029 (USD Million)
FIG 12. Global Artificial Lift System Market by segment, 2019 & 2029 (USD Million)
FIG 13. Global Artificial Lift System Market by segment, 2019 & 2029 (USD Million)
FIG 14. Global Artificial Lift System Market, regional snapshot 2019 & 2029
FIG 15. North America Artificial Lift System Market 2019 & 2029 (USD Million)
FIG 16. Europe Artificial Lift System Market 2019 & 2029 (USD Million)
FIG 17. Asia Pacific Artificial Lift System Market 2019 & 2029 (USD Million)
FIG 18. Latin America Artificial Lift System Market 2019 & 2029 (USD Million)
FIG 19. Global Artificial Lift System Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


More Publications