Report Detail
Global Artificial Lift Market Growth 2019-2024
- RnM2881591 |
- 05 February, 2019 |
- Global |
- 138 Pages |
- LPI(LP Information) |
- Machinery & Equipment
Artificial lift is a method used to lower the producing bottomhole pressure (BHP) on the formation to obtain a higher production rate from the well. This can be done with a positive-displacement downhole pump, such as a beam pump or a progressive cavity pump (PCP), to lower the flowing pressure at the pump intake. It also can be done with a downhole centrifugal pump, which could be a part of an electrical submersible pump (ESP) system. Most oil wells require artificial lift at some point in the life of the field, and many gas wells benefit from artificial lift to take liquids off the formation so gas can flow at a higher rate.
Of the different artificial lift technologies, Rod lift is the largest segment in quantity and ESP is the fastest growing and largest revenue segment. Rod lift is expected to continue its dominating position in the next five years due to a global increase field decline and ESP is projected to grow much slower than the last five years as new oil wells are expected to grow quite moderately.
North America is the largest artificial lift market with the fast growing shale gas production. US and Russia are the largest ESP market and Canada is the largest PCP market.
The artificial lift market scale is likely to decrease and more M&A expected in the next few years. Although sales of Artificial Lift brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Artificial Lift field.
According to this study, over the next five years the Artificial Lift market will register a 1.2% CAGR in terms of revenue, the global market size will reach US$ 10200 million by 2024, from US$ 9550 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Artificial Lift business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Artificial Lift market by product type, application, key manufacturers and key regions and countries.
This study considers the Artificial Lift value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Rod Lift
ESP
PCP
Hydraulic Pumps
Gas Lift
Plunger Lift
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Onshore
Offshore
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Weatherford
Schlumberger
General Electric
Baker Hughes
Halliburton
Dover
National Oilwell Varco
Borets
Cameron
Novomet
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Artificial Lift consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Artificial Lift market by identifying its various subsegments.
Focuses on the key global Artificial Lift manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Artificial Lift with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Artificial Lift submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Artificial Lift Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Artificial Lift Consumption 2014-2024
- 2.1.2 Artificial Lift Consumption CAGR by Region
- 2.2 Artificial Lift Segment by Type
- 2.2.1 Rod Lift
- 2.2.2 ESP
- 2.2.3 PCP
- 2.2.4 Hydraulic Pumps
- 2.2.5 Gas Lift
- 2.2.6 Plunger Lift
- 2.3 Artificial Lift Consumption by Type
- 2.3.1 Global Artificial Lift Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Artificial Lift Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Artificial Lift Sale Price by Type (2014-2019)
- 2.4 Artificial Lift Segment by Application
- 2.4.1 Onshore
- 2.4.2 Offshore
- 2.5 Artificial Lift Consumption by Application
- 2.5.1 Global Artificial Lift Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Artificial Lift Value and Market Share by Application (2014-2019)
- 2.5.3 Global Artificial Lift Sale Price by Application (2014-2019)
3 Global Artificial Lift by Players
- 3.1 Global Artificial Lift Sales Market Share by Players
- 3.1.1 Global Artificial Lift Sales by Players (2017-2019)
- 3.1.2 Global Artificial Lift Sales Market Share by Players (2017-2019)
- 3.2 Global Artificial Lift Revenue Market Share by Players
- 3.2.1 Global Artificial Lift Revenue by Players (2017-2019)
- 3.2.2 Global Artificial Lift Revenue Market Share by Players (2017-2019)
- 3.3 Global Artificial Lift Sale Price by Players
- 3.4 Global Artificial Lift Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Artificial Lift Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Artificial Lift Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Artificial Lift by Regions
- 4.1 Artificial Lift by Regions
- 4.1.1 Global Artificial Lift Consumption by Regions
- 4.1.2 Global Artificial Lift Value by Regions
- 4.2 Americas Artificial Lift Consumption Growth
- 4.3 APAC Artificial Lift Consumption Growth
- 4.4 Europe Artificial Lift Consumption Growth
- 4.5 Middle East & Africa Artificial Lift Consumption Growth
5 Americas
- 5.1 Americas Artificial Lift Consumption by Countries
- 5.1.1 Americas Artificial Lift Consumption by Countries (2014-2019)
- 5.1.2 Americas Artificial Lift Value by Countries (2014-2019)
- 5.2 Americas Artificial Lift Consumption by Type
- 5.3 Americas Artificial Lift Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Artificial Lift Consumption by Countries
- 6.1.1 APAC Artificial Lift Consumption by Countries (2014-2019)
- 6.1.2 APAC Artificial Lift Value by Countries (2014-2019)
- 6.2 APAC Artificial Lift Consumption by Type
- 6.3 APAC Artificial Lift Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Artificial Lift by Countries
- 7.1.1 Europe Artificial Lift Consumption by Countries (2014-2019)
- 7.1.2 Europe Artificial Lift Value by Countries (2014-2019)
- 7.2 Europe Artificial Lift Consumption by Type
- 7.3 Europe Artificial Lift Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Artificial Lift by Countries
- 8.1.1 Middle East & Africa Artificial Lift Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Artificial Lift Value by Countries (2014-2019)
- 8.2 Middle East & Africa Artificial Lift Consumption by Type
- 8.3 Middle East & Africa Artificial Lift Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Artificial Lift Distributors
- 10.3 Artificial Lift Customer
11 Global Artificial Lift Market Forecast
- 11.1 Global Artificial Lift Consumption Forecast (2019-2024)
- 11.2 Global Artificial Lift Forecast by Regions
- 11.2.1 Global Artificial Lift Forecast by Regions (2019-2024)
- 11.2.2 Global Artificial Lift Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Artificial Lift Forecast by Type
- 11.8 Global Artificial Lift Forecast by Application
12 Key Players Analysis
- 12.1 Weatherford
- 12.1.1 Company Details
- 12.1.2 Artificial Lift Product Offered
- 12.1.3 Weatherford Artificial Lift Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Weatherford News
- 12.2 Schlumberger
- 12.2.1 Company Details
- 12.2.2 Artificial Lift Product Offered
- 12.2.3 Schlumberger Artificial Lift Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Schlumberger News
- 12.3 General Electric
- 12.3.1 Company Details
- 12.3.2 Artificial Lift Product Offered
- 12.3.3 General Electric Artificial Lift Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 General Electric News
- 12.4 Baker Hughes
- 12.4.1 Company Details
- 12.4.2 Artificial Lift Product Offered
- 12.4.3 Baker Hughes Artificial Lift Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Baker Hughes News
- 12.5 Halliburton
- 12.5.1 Company Details
- 12.5.2 Artificial Lift Product Offered
- 12.5.3 Halliburton Artificial Lift Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Halliburton News
- 12.6 Dover
- 12.6.1 Company Details
- 12.6.2 Artificial Lift Product Offered
- 12.6.3 Dover Artificial Lift Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Dover News
- 12.7 National Oilwell Varco
- 12.7.1 Company Details
- 12.7.2 Artificial Lift Product Offered
- 12.7.3 National Oilwell Varco Artificial Lift Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 National Oilwell Varco News
- 12.8 Borets
- 12.8.1 Company Details
- 12.8.2 Artificial Lift Product Offered
- 12.8.3 Borets Artificial Lift Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Borets News
- 12.9 Cameron
- 12.9.1 Company Details
- 12.9.2 Artificial Lift Product Offered
- 12.9.3 Cameron Artificial Lift Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Cameron News
- 12.10 Novomet
- 12.10.1 Company Details
- 12.10.2 Artificial Lift Product Offered
- 12.10.3 Novomet Artificial Lift Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Novomet News
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Artificial Lift . Industry analysis & Market Report on Artificial Lift is a syndicated market report, published as Global Artificial Lift Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Artificial Lift market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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