HPS (Horizontal Surface Pumps) include a pump at the surface to send the power fluid down hole, a gas, diesel or electric engine to drive the pump, and a system for storing, treating and delivering the power fluid (produced oil or water) for use by the down hole pump .
The global consumption of HPS products rises up from 2301 units in 2011 to 2676 units in 2015, with an average annual growth rate of 4.08%. At the same time, the revenue of world HPS sales market has a leap from 389.45 million dollar to 427.44 million dollar. The reason causes this increase is the growing demand for the HPS products, which is the outcome of the downstream industries are in a good situation.
Although sales of HPS products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the HPS field hastily.
According to this study, over the next five years the HPS (Horizontal Surface Pumps) market will register a 3.1% CAGR in terms of revenue, the global market size will reach US$ 500 million by 2024, from US$ 420 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in HPS (Horizontal Surface Pumps) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of HPS (Horizontal Surface Pumps) market by product type, application, key manufacturers and key regions and countries.
This study considers the HPS (Horizontal Surface Pumps) 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.
Under 100 HP
100-600 HP
Above 600 HP
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Industrial
Oil & Natural Gas
Mining
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.
Schlumberger
GE(Baker Hughes)
Canadian Advanced ESP
Borets
Weatherford
Novomet
Dover
National Oilwell Varco
SPI
HOSS
Summit ESP
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 HPS (Horizontal Surface Pumps) 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 HPS (Horizontal Surface Pumps) market by identifying its various subsegments.
Focuses on the key global HPS (Horizontal Surface Pumps) 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 HPS (Horizontal Surface Pumps) 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 HPS (Horizontal Surface Pumps) 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.
Summary:
Get latest Market Research Reports on HPS (Horizontal Surface Pumps) . Industry analysis & Market Report on HPS (Horizontal Surface Pumps) is a syndicated market report, published as Global HPS (Horizontal Surface Pumps) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of HPS (Horizontal Surface Pumps) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.