The artificial lift systems market would grow at a CAGR of 7.47% over the predicted time frame. The market is expected to increase in value from US$ 10.51 Bn in 2022 to US$ 18.7 Bn in 2030.
The on artificial
lift systems Market, which provides a business strategy, research &
development activities, concise outline of the market valuation, valuable
insights pertaining to market share, size, supply chain analysis, competitive
landscape and regional proliferation of this industry.
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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 |
Companies Mentioned | General Electric Compa |
A recent
report provides crucial insights along with application based and forecast
information in the Global Artificial lift systems Market. The report provides a
comprehensive analysis of key factors that are expected to drive the growth of
this market. This study also provides a detailed overview of the opportunities
along with the current trends observed in the Artificial lift systems market.
A
quantitative analysis of the industry is compiled for a period of 10 years in
order to assist players to grow in the market. Insights on specific revenue
figures generated are also given in the report, along with projected revenue at
the end of the forecast period.
Companies
and Manufacturers Covered
The study
covers key players operating in the market along with prime schemes and
strategies implemented by each player to hold high positions in the industry.
Such a tough vendor landscape provides a competitive outlook of the industry,
consequently existing as a key insight. These insights were thoroughly analysed
and prime business strategies and products that offer high revenue generation
capacities were identified. Key players of the global Artificial lift systems
market are included as given below:
Artificial lift systems Market 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 Segments
- 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
Report Objectives
- To define, describe, and forecast the global artificial
lift systems market based on product, and region
- To provide detailed information regarding the major
factors influencing the growth of the market (drivers, opportunities, and
industry-specific challenges)
- To strategically analyze micromarkets1 with respect to
individual growth trends, future prospects, and contributions to the total
market
- To analyze opportunities in the market for stakeholders
and provide details of the competitive landscape for market leaders
- To forecast the size of market segments with respect to
four main regions—North America,
Europe, Asia Pacific and the Rest of the World (RoW)2
- To strategically profile key players and comprehensively
analyze their product portfolios, market shares, and core competencies3
- To track and analyze competitive developments such as
acquisitions, expansions, new product launches, and partnerships in the artificial
lift systems market
Table of Content
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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