Artificial Lift Industry Research Report 2024

Artificial Lift Industry Research Report 2024


Summary

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.
According to APO Research, The global Artificial Lift market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.
North American market for Artificial Lift is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Artificial Lift is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Artificial Lift is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global manufacturers of Artificial Lift include , etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Artificial Lift, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Artificial Lift.
The report will help the Artificial Lift manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
The Artificial Lift market size, estimations, and forecasts are provided in terms of sales volume (Set) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Artificial Lift market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Weatherford
Schlumberger
General Electric
GE(Baker Hughes)
Halliburton
Dover
National Oilwell Varco
Borets
Cameron
Novomet
Artificial Lift segment by Type

Rod Lift
ESP
PCP
Hydraulic Pumps
Gas Lift
Plunger Lift
Others
Artificial Lift segment by Application

Onshore
Offshore
Artificial Lift Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Artificial Lift market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Artificial Lift and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Artificial Lift.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Artificial Lift manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Artificial Lift by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Artificial Lift in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Artificial Lift by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.2.2 Rod Lift
2.2.3 ESP
2.2.4 PCP
2.2.5 Hydraulic Pumps
2.2.6 Gas Lift
2.2.7 Plunger Lift
2.2.8 Others
2.3 Artificial Lift by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Onshore
2.3.3 Offshore
2.4 Global Market Growth Prospects
2.4.1 Global Artificial Lift Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Artificial Lift Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Artificial Lift Production Estimates and Forecasts (2019-2030)
2.4.4 Global Artificial Lift Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Artificial Lift Production by Manufacturers (2019-2024)
3.2 Global Artificial Lift Production Value by Manufacturers (2019-2024)
3.3 Global Artificial Lift Average Price by Manufacturers (2019-2024)
3.4 Global Artificial Lift Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Artificial Lift Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Artificial Lift Manufacturers, Product Type & Application
3.7 Global Artificial Lift Manufacturers, Date of Enter into This Industry
3.8 Global Artificial Lift Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Weatherford
4.1.1 Weatherford Artificial Lift Company Information
4.1.2 Weatherford Artificial Lift Business Overview
4.1.3 Weatherford Artificial Lift Production, Value and Gross Margin (2019-2024)
4.1.4 Weatherford Product Portfolio
4.1.5 Weatherford Recent Developments
4.2 Schlumberger
4.2.1 Schlumberger Artificial Lift Company Information
4.2.2 Schlumberger Artificial Lift Business Overview
4.2.3 Schlumberger Artificial Lift Production, Value and Gross Margin (2019-2024)
4.2.4 Schlumberger Product Portfolio
4.2.5 Schlumberger Recent Developments
4.3 General Electric
4.3.1 General Electric Artificial Lift Company Information
4.3.2 General Electric Artificial Lift Business Overview
4.3.3 General Electric Artificial Lift Production, Value and Gross Margin (2019-2024)
4.3.4 General Electric Product Portfolio
4.3.5 General Electric Recent Developments
4.4 GE(Baker Hughes)
4.4.1 GE(Baker Hughes) Artificial Lift Company Information
4.4.2 GE(Baker Hughes) Artificial Lift Business Overview
4.4.3 GE(Baker Hughes) Artificial Lift Production, Value and Gross Margin (2019-2024)
4.4.4 GE(Baker Hughes) Product Portfolio
4.4.5 GE(Baker Hughes) Recent Developments
4.5 Halliburton
4.5.1 Halliburton Artificial Lift Company Information
4.5.2 Halliburton Artificial Lift Business Overview
4.5.3 Halliburton Artificial Lift Production, Value and Gross Margin (2019-2024)
4.5.4 Halliburton Product Portfolio
4.5.5 Halliburton Recent Developments
4.6 Dover
4.6.1 Dover Artificial Lift Company Information
4.6.2 Dover Artificial Lift Business Overview
4.6.3 Dover Artificial Lift Production, Value and Gross Margin (2019-2024)
4.6.4 Dover Product Portfolio
4.6.5 Dover Recent Developments
4.7 National Oilwell Varco
4.7.1 National Oilwell Varco Artificial Lift Company Information
4.7.2 National Oilwell Varco Artificial Lift Business Overview
4.7.3 National Oilwell Varco Artificial Lift Production, Value and Gross Margin (2019-2024)
4.7.4 National Oilwell Varco Product Portfolio
4.7.5 National Oilwell Varco Recent Developments
4.8 Borets
4.8.1 Borets Artificial Lift Company Information
4.8.2 Borets Artificial Lift Business Overview
4.8.3 Borets Artificial Lift Production, Value and Gross Margin (2019-2024)
4.8.4 Borets Product Portfolio
4.8.5 Borets Recent Developments
4.9 Cameron
4.9.1 Cameron Artificial Lift Company Information
4.9.2 Cameron Artificial Lift Business Overview
4.9.3 Cameron Artificial Lift Production, Value and Gross Margin (2019-2024)
4.9.4 Cameron Product Portfolio
4.9.5 Cameron Recent Developments
4.10 Novomet
4.10.1 Novomet Artificial Lift Company Information
4.10.2 Novomet Artificial Lift Business Overview
4.10.3 Novomet Artificial Lift Production, Value and Gross Margin (2019-2024)
4.10.4 Novomet Product Portfolio
4.10.5 Novomet Recent Developments
5 Global Artificial Lift Production by Region
5.1 Global Artificial Lift Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Artificial Lift Production by Region: 2019-2030
5.2.1 Global Artificial Lift Production by Region: 2019-2024
5.2.2 Global Artificial Lift Production Forecast by Region (2025-2030)
5.3 Global Artificial Lift Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Artificial Lift Production Value by Region: 2019-2030
5.4.1 Global Artificial Lift Production Value by Region: 2019-2024
5.4.2 Global Artificial Lift Production Value Forecast by Region (2025-2030)
5.5 Global Artificial Lift Market Price Analysis by Region (2019-2024)
5.6 Global Artificial Lift Production and Value, YOY Growth
5.6.1 North America Artificial Lift Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Artificial Lift Production Value Estimates and Forecasts (2019-2030)
5.6.3 Latin America Artificial Lift Production Value Estimates and Forecasts (2019-2030)
5.6.4 Mid East & Africa Artificial Lift Production Value Estimates and Forecasts (2019-2030)
6 Global Artificial Lift Consumption by Region
6.1 Global Artificial Lift Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Artificial Lift Consumption by Region (2019-2030)
6.2.1 Global Artificial Lift Consumption by Region: 2019-2030
6.2.2 Global Artificial Lift Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Artificial Lift Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Artificial Lift Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Artificial Lift Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Artificial Lift Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Artificial Lift Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Artificial Lift Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Artificial Lift Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Artificial Lift Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Artificial Lift Production by Type (2019-2030)
7.1.1 Global Artificial Lift Production by Type (2019-2030) & (Set)
7.1.2 Global Artificial Lift Production Market Share by Type (2019-2030)
7.2 Global Artificial Lift Production Value by Type (2019-2030)
7.2.1 Global Artificial Lift Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Artificial Lift Production Value Market Share by Type (2019-2030)
7.3 Global Artificial Lift Price by Type (2019-2030)
8 Segment by Application
8.1 Global Artificial Lift Production by Application (2019-2030)
8.1.1 Global Artificial Lift Production by Application (2019-2030) & (Set)
8.1.2 Global Artificial Lift Production by Application (2019-2030) & (Set)
8.2 Global Artificial Lift Production Value by Application (2019-2030)
8.2.1 Global Artificial Lift Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Artificial Lift Production Value Market Share by Application (2019-2030)
8.3 Global Artificial Lift Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Artificial Lift Value Chain Analysis
9.1.1 Artificial Lift Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Artificial Lift Production Mode & Process
9.2 Artificial Lift Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Artificial Lift Distributors
9.2.3 Artificial Lift Customers
10 Global Artificial Lift Analyzing Market Dynamics
10.1 Artificial Lift Industry Trends
10.2 Artificial Lift Industry Drivers
10.3 Artificial Lift Industry Opportunities and Challenges
10.4 Artificial Lift Industry Restraints
11 Report Conclusion
12 Disclaimer

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