Artificial Lift System Market Size, Growth, Demands Outlook and Forecasts to 2030

According to the research report, the global artificial lift systems market size is expected to touch USD 18.7 Billion by 2030, from USD 10.51 Billion in 2022, growing with a significant CAGR of 7.47% from 2022 to 2030. 

The artificial lift systems report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global artificial lift systems in conjunction with the geographical landscape of this vertical have also been included in this report.

The report offers intricate dynamics about different aspects of the global artificial lift systems market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global artificial lift systems during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).

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 Report Scope of the Artificial Lift System Market

Report Coverage	Details
Market Size by 2030	USD 18.7 Billion
Growth Rate from 2022 to 2030	CAGR of 7.47%
Largest Market	North America
Fastest Growing Region	Asia Pacific
Base Year	2021
Forecast Period	2022 to 2030
Segments Covered	Type, Component, Application, Mechanism, Well Type, Geography

This study covers a detailed segmentation of the global artificial lift systems market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global artificial lift systems market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.

Key Players

• General Electric Company
• Hitachi, Ltd
• Man Diesel & Turbo SE
• Neuman&Esser Group
• Ebara Corporation
• Ariel Corporation
• Mitsubishi Heavy Industries Compressor Corporation
• Burckhardt Compression Holding AG
• Atlas Copco Energas GmbH
• Solar Turbine Inc.

Market Segmentation

 By Type

• Pressurized Water Reactor (PWR)
• Electric Submersible Pumps
• Gas lift
• Progressing Cavity Pumps
• Jet pump
• Others (hydraulic pumping systems and plunger lift)

By Application

• Onshore
• Offshore

By Component

• Pump
• Motor
• Cable System
• Controller
• Others

By Mechanism

• Pump Assisted
• Gas Assisted

By Well Type

• Horizontal
• Vertical

By Geography

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Malaysia
• Philippines
• Latin America
• Brazil
• Rest of Latin America
• Middle East & Africa (MEA)
• GCC
• North Africa
• South Africa
• Rest of the Middle East & Africa

Research Methodology

The research methodology adopted by analysts for compiling the global artificial lift systems report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global artificial lift systems market.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Artificial Lift System Market 

5.1. COVID-19 Landscape: Artificial Lift System Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Artificial Lift System Market, By Type

8.1. Artificial Lift System Market, by Type, 2022-2030

8.1.1. Pressurized Water Reactor (PWR)

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Electric Submersible Pumps

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Gas lift

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Progressing Cavity Pumps

8.1.4.1. Market Revenue and Forecast (2017-2030)

8.1.5. Jet pump

8.1.5.1. Market Revenue and Forecast (2017-2030)

8.1.6. Others (hydraulic pumping systems and plunger lift)

8.1.6.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Artificial Lift System Market, By Application

9.1. Artificial Lift System Market, by Application, 2022-2030

9.1.1. Onshore

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Offshore

9.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Artificial Lift System Market, By Component

10.1. Artificial Lift System Market, by Component, 2022-2030

10.1.1. Pump

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Motor

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Cable System

10.1.3.1. Market Revenue and Forecast (2017-2030)

10.1.4. Controller

10.1.4.1. Market Revenue and Forecast (2017-2030)

10.1.5. Others

10.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Artificial Lift System Market, By Mechanism

11.1. Artificial Lift System Market, by Mechanism, 2022-2030

11.1.1. Pump Assisted

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. Gas Assisted

11.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Artificial Lift System Market, By Well Type

12.1. Artificial Lift System Market, by Well Type, 2022-2030

12.1.1. Horizontal

12.1.1.1. Market Revenue and Forecast (2017-2030)

12.1.2. Vertical

12.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 13. Global Artificial Lift System  Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Type (2017-2030)

13.1.2. Market Revenue and Forecast, by Application (2017-2030)

13.1.3. Market Revenue and Forecast, by Component (2017-2030)

13.1.4. Market Revenue and Forecast, by Mechanism (2017-2030)

13.1.5. Market Revenue and Forecast, by Well Type (2017-2030)

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Type (2017-2030)

13.1.6.2. Market Revenue and Forecast, by Application (2017-2030)

13.1.6.3. Market Revenue and Forecast, by Component (2017-2030)

13.1.6.4. Market Revenue and Forecast, by Mechanism (2017-2030)

13.1.7. Market Revenue and Forecast, by Well Type (2017-2030) 

13.1.8. Rest of North America

13.1.8.1. Market Revenue and Forecast, by Type (2017-2030)

13.1.8.2. Market Revenue and Forecast, by Application (2017-2030)

13.1.8.3. Market Revenue and Forecast, by Component (2017-2030)

13.1.8.4. Market Revenue and Forecast, by Mechanism (2017-2030)

13.1.8.5. Market Revenue and Forecast, by Well Type (2017-2030)

13.2. Europe

13.2.1. Market Revenue and Forecast, by Type (2017-2030)

13.2.2. Market Revenue and Forecast, by Application (2017-2030)

13.2.3. Market Revenue and Forecast, by Component (2017-2030)

13.2.4. Market Revenue and Forecast, by Mechanism (2017-2030) 

13.2.5. Market Revenue and Forecast, by Well Type (2017-2030) 

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Type (2017-2030)

13.2.6.2. Market Revenue and Forecast, by Application (2017-2030)

13.2.6.3. Market Revenue and Forecast, by Component (2017-2030)

13.2.7. Market Revenue and Forecast, by Mechanism (2017-2030) 

13.2.8. Market Revenue and Forecast, by Well Type (2017-2030) 

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Type (2017-2030)

13.2.9.2. Market Revenue and Forecast, by Application (2017-2030)

13.2.9.3. Market Revenue and Forecast, by Component (2017-2030)

13.2.10. Market Revenue and Forecast, by Mechanism (2017-2030)

13.2.11. Market Revenue and Forecast, by Well Type (2017-2030)

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Type (2017-2030)

13.2.12.2. Market Revenue and Forecast, by Application (2017-2030)

13.2.12.3. Market Revenue and Forecast, by Component (2017-2030)

13.2.12.4. Market Revenue and Forecast, by Mechanism (2017-2030)

13.2.13. Market Revenue and Forecast, by Well Type (2017-2030)

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Type (2017-2030)

13.2.14.2. Market Revenue and Forecast, by Application (2017-2030)

13.2.14.3. Market Revenue and Forecast, by Component (2017-2030)

13.2.14.4. Market Revenue and Forecast, by Mechanism (2017-2030)

13.2.15. Market Revenue and Forecast, by Well Type (2017-2030)

13.3. APAC

13.3.1. Market Revenue and Forecast, by Type (2017-2030)

13.3.2. Market Revenue and Forecast, by Application (2017-2030)

13.3.3. Market Revenue and Forecast, by Component (2017-2030)

13.3.4. Market Revenue and Forecast, by Mechanism (2017-2030)

13.3.5. Market Revenue and Forecast, by Well Type (2017-2030)

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Type (2017-2030)

13.3.6.2. Market Revenue and Forecast, by Application (2017-2030)

13.3.6.3. Market Revenue and Forecast, by Component (2017-2030)

13.3.6.4. Market Revenue and Forecast, by Mechanism (2017-2030)

13.3.7. Market Revenue and Forecast, by Well Type (2017-2030)

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Type (2017-2030)

13.3.8.2. Market Revenue and Forecast, by Application (2017-2030)

13.3.8.3. Market Revenue and Forecast, by Component (2017-2030)

13.3.8.4. Market Revenue and Forecast, by Mechanism (2017-2030)

13.3.9. Market Revenue and Forecast, by Well Type (2017-2030)

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Type (2017-2030)

13.3.10.2. Market Revenue and Forecast, by Application (2017-2030)

13.3.10.3. Market Revenue and Forecast, by Component (2017-2030)

13.3.10.4. Market Revenue and Forecast, by Mechanism (2017-2030)

13.3.10.5. Market Revenue and Forecast, by Well Type (2017-2030)

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Type (2017-2030)

13.3.11.2. Market Revenue and Forecast, by Application (2017-2030)

13.3.11.3. Market Revenue and Forecast, by Component (2017-2030)

13.3.11.4. Market Revenue and Forecast, by Mechanism (2017-2030)

13.3.11.5. Market Revenue and Forecast, by Well Type (2017-2030)

13.4. MEA

13.4.1. Market Revenue and Forecast, by Type (2017-2030)

13.4.2. Market Revenue and Forecast, by Application (2017-2030)

13.4.3. Market Revenue and Forecast, by Component (2017-2030)

13.4.4. Market Revenue and Forecast, by Mechanism (2017-2030)

13.4.5. Market Revenue and Forecast, by Well Type (2017-2030)

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Type (2017-2030)

13.4.6.2. Market Revenue and Forecast, by Application (2017-2030)

13.4.6.3. Market Revenue and Forecast, by Component (2017-2030)

13.4.6.4. Market Revenue and Forecast, by Mechanism (2017-2030)

13.4.7. Market Revenue and Forecast, by Well Type (2017-2030)

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Type (2017-2030)

13.4.8.2. Market Revenue and Forecast, by Application (2017-2030)

13.4.8.3. Market Revenue and Forecast, by Component (2017-2030)

13.4.8.4. Market Revenue and Forecast, by Mechanism (2017-2030)

13.4.9. Market Revenue and Forecast, by Well Type (2017-2030)

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Type (2017-2030)

13.4.10.2. Market Revenue and Forecast, by Application (2017-2030)

13.4.10.3. Market Revenue and Forecast, by Component (2017-2030)

13.4.10.4. Market Revenue and Forecast, by Mechanism (2017-2030)

13.4.10.5. Market Revenue and Forecast, by Well Type (2017-2030)

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Type (2017-2030)

13.4.11.2. Market Revenue and Forecast, by Application (2017-2030)

13.4.11.3. Market Revenue and Forecast, by Component (2017-2030)

13.4.11.4. Market Revenue and Forecast, by Mechanism (2017-2030)

13.4.11.5. Market Revenue and Forecast, by Well Type (2017-2030)

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Type (2017-2030)

13.5.2. Market Revenue and Forecast, by Application (2017-2030)

13.5.3. Market Revenue and Forecast, by Component (2017-2030)

13.5.4. Market Revenue and Forecast, by Mechanism (2017-2030)

13.5.5. Market Revenue and Forecast, by Well Type (2017-2030)

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Type (2017-2030)

13.5.6.2. Market Revenue and Forecast, by Application (2017-2030)

13.5.6.3. Market Revenue and Forecast, by Component (2017-2030)

13.5.6.4. Market Revenue and Forecast, by Mechanism (2017-2030)

13.5.7. Market Revenue and Forecast, by Well Type (2017-2030)

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Type (2017-2030)

13.5.8.2. Market Revenue and Forecast, by Application (2017-2030)

13.5.8.3. Market Revenue and Forecast, by Component (2017-2030)

13.5.8.4. Market Revenue and Forecast, by Mechanism (2017-2030)

13.5.8.5. Market Revenue and Forecast, by Well Type (2017-2030)

Chapter 14. Company Profiles

14.1. General Electric Company

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Hitachi, Ltd

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Man Diesel & Turbo SE

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Neuman&Esser Group

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Ebara Corporation

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Ariel Corporation

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Mitsubishi Heavy Industries Compressor Corporation

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Burckhardt Compression Holding AG

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Atlas CopcoEnergas GmbH

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. Solar Turbine Inc.

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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