Artificial lift pumps are used in oil wells to increase the pressure within the reservoir and encourage oil to move to the surface. When the natural force of the well is not strong enough to push the oil to the surface, an artificial lift pump is employed. Globally, more than 70 percent of oil wells have lost natural pressure and are in their mature phase.
The Global Artificial Lift Pumps market includes the following major product segments: ESP Systems, Rod Lift Systems, PCP Systems, Gas Lift Systems, Plunger Lift Systems, Hydraulic Lift Systems, and Others.
In 2019, the market size of Artificial Lift Pumps is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Artificial Lift Pumps.
This report studies the global market size of Artificial Lift Pumps, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Artificial Lift Pumps production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Baker Hughes
Dover
GE-Alstom Grid
Schlumberger
Weatherford
Aker Solutions
Petrofac
Technip
Transocean
Market Segment by Product Type
Electric Submersible Pump (ESP)
Rod Pump
Progressive Cavity Pump (PCP)
Plunger Lift
Hydraulic Piston Pump
Market Segment by Application
Onshore
Offshore
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Artificial Lift Pumps status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Artificial Lift Pumps manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Artificial Lift Pumps are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Artificial Lift Pumps . Industry analysis & Market Report on Artificial Lift Pumps is a syndicated market report, published as Global (United States, European Union and China) Artificial Lift Pumps Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Artificial Lift Pumps market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.