Global Artificial Lifts Market Research Report 2023(Status and Outlook)

Global Artificial Lifts Market Research Report 2023(Status and Outlook)



Report Overview

Artificial lift refers to the use of artificial means to increase the flow of liquids, such as crude oil or water, from a production well. Generally this is achieved by the use of a mechanical device inside the well (known as pump or velocity string) or by decreasing the weight of the hydrostatic column by injecting gas into the liquid some distance down the well. A newer method called Continuous Belt Transportation (CBT) uses an oil absorbing belt to extract from marginal and idle wells. Artificial lift is needed in wells when there is insufficient pressure in the reservoir to lift the produced fluids to the surface, but often used in naturally flowing wells (which do not technically need it) to increase the flow rate above what would flow naturally. The produced fluid can be oil, water or a mix of oil and water, typically mixed with some amount of gas.

The Global Artificial Lifts Market Size was estimated at USD 7837.6 million in 2022 and is projected to reach USD 10954.98 million by 2029, exhibiting a CAGR of 4.90% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Artificial Lifts market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Artificial Lifts Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Artificial Lifts market in any manner.

Global Artificial Lifts Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Schlumberger

GE

Dover Corporation

GE(Baker Hughes)

Weatherford International

Halliburton Company

JJ Tech

National Oilwell Varco

BCP Group

NOVOMET

Aker Solutions

Occidental Petroleum

Flotek Industries

Borets International

Market Segmentation (by Type)

Pump Assisted

Gas Assisted

Market Segmentation (by Application)

Medicines and Health Care

Food & Beverage

Electronics

Consumer Goods

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Artificial Lifts Market

Overview of the regional outlook of the Artificial Lifts Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Artificial Lifts
1.2 Key Market Segments
1.2.1 Artificial Lifts Segment by Type
1.2.2 Artificial Lifts Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Artificial Lifts Market Overview
2.1 Global Market Overview
2.1.1 Global Artificial Lifts Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Artificial Lifts Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Artificial Lifts Market Competitive Landscape
3.1 Global Artificial Lifts Sales by Manufacturers (2018-2023)
3.2 Global Artificial Lifts Revenue Market Share by Manufacturers (2018-2023)
3.3 Artificial Lifts Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Artificial Lifts Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Artificial Lifts Sales Sites, Area Served, Product Type
3.6 Artificial Lifts Market Competitive Situation and Trends
3.6.1 Artificial Lifts Market Concentration Rate
3.6.2 Global 5 and 10 Largest Artificial Lifts Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Artificial Lifts Industry Chain Analysis
4.1 Artificial Lifts Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Artificial Lifts Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Artificial Lifts Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Artificial Lifts Sales Market Share by Type (2018-2023)
6.3 Global Artificial Lifts Market Size Market Share by Type (2018-2023)
6.4 Global Artificial Lifts Price by Type (2018-2023)
7 Artificial Lifts Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Artificial Lifts Market Sales by Application (2018-2023)
7.3 Global Artificial Lifts Market Size (M USD) by Application (2018-2023)
7.4 Global Artificial Lifts Sales Growth Rate by Application (2018-2023)
8 Artificial Lifts Market Segmentation by Region
8.1 Global Artificial Lifts Sales by Region
8.1.1 Global Artificial Lifts Sales by Region
8.1.2 Global Artificial Lifts Sales Market Share by Region
8.2 North America
8.2.1 North America Artificial Lifts Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Artificial Lifts Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Artificial Lifts Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Artificial Lifts Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Artificial Lifts Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Schlumberger
9.1.1 Schlumberger Artificial Lifts Basic Information
9.1.2 Schlumberger Artificial Lifts Product Overview
9.1.3 Schlumberger Artificial Lifts Product Market Performance
9.1.4 Schlumberger Business Overview
9.1.5 Schlumberger Artificial Lifts SWOT Analysis
9.1.6 Schlumberger Recent Developments
9.2 GE
9.2.1 GE Artificial Lifts Basic Information
9.2.2 GE Artificial Lifts Product Overview
9.2.3 GE Artificial Lifts Product Market Performance
9.2.4 GE Business Overview
9.2.5 GE Artificial Lifts SWOT Analysis
9.2.6 GE Recent Developments
9.3 Dover Corporation
9.3.1 Dover Corporation Artificial Lifts Basic Information
9.3.2 Dover Corporation Artificial Lifts Product Overview
9.3.3 Dover Corporation Artificial Lifts Product Market Performance
9.3.4 Dover Corporation Business Overview
9.3.5 Dover Corporation Artificial Lifts SWOT Analysis
9.3.6 Dover Corporation Recent Developments
9.4 GE(Baker Hughes)
9.4.1 GE(Baker Hughes) Artificial Lifts Basic Information
9.4.2 GE(Baker Hughes) Artificial Lifts Product Overview
9.4.3 GE(Baker Hughes) Artificial Lifts Product Market Performance
9.4.4 GE(Baker Hughes) Business Overview
9.4.5 GE(Baker Hughes) Artificial Lifts SWOT Analysis
9.4.6 GE(Baker Hughes) Recent Developments
9.5 Weatherford International
9.5.1 Weatherford International Artificial Lifts Basic Information
9.5.2 Weatherford International Artificial Lifts Product Overview
9.5.3 Weatherford International Artificial Lifts Product Market Performance
9.5.4 Weatherford International Business Overview
9.5.5 Weatherford International Artificial Lifts SWOT Analysis
9.5.6 Weatherford International Recent Developments
9.6 Halliburton Company
9.6.1 Halliburton Company Artificial Lifts Basic Information
9.6.2 Halliburton Company Artificial Lifts Product Overview
9.6.3 Halliburton Company Artificial Lifts Product Market Performance
9.6.4 Halliburton Company Business Overview
9.6.5 Halliburton Company Recent Developments
9.7 JJ Tech
9.7.1 JJ Tech Artificial Lifts Basic Information
9.7.2 JJ Tech Artificial Lifts Product Overview
9.7.3 JJ Tech Artificial Lifts Product Market Performance
9.7.4 JJ Tech Business Overview
9.7.5 JJ Tech Recent Developments
9.8 National Oilwell Varco
9.8.1 National Oilwell Varco Artificial Lifts Basic Information
9.8.2 National Oilwell Varco Artificial Lifts Product Overview
9.8.3 National Oilwell Varco Artificial Lifts Product Market Performance
9.8.4 National Oilwell Varco Business Overview
9.8.5 National Oilwell Varco Recent Developments
9.9 BCP Group
9.9.1 BCP Group Artificial Lifts Basic Information
9.9.2 BCP Group Artificial Lifts Product Overview
9.9.3 BCP Group Artificial Lifts Product Market Performance
9.9.4 BCP Group Business Overview
9.9.5 BCP Group Recent Developments
9.10 NOVOMET
9.10.1 NOVOMET Artificial Lifts Basic Information
9.10.2 NOVOMET Artificial Lifts Product Overview
9.10.3 NOVOMET Artificial Lifts Product Market Performance
9.10.4 NOVOMET Business Overview
9.10.5 NOVOMET Recent Developments
9.11 Aker Solutions
9.11.1 Aker Solutions Artificial Lifts Basic Information
9.11.2 Aker Solutions Artificial Lifts Product Overview
9.11.3 Aker Solutions Artificial Lifts Product Market Performance
9.11.4 Aker Solutions Business Overview
9.11.5 Aker Solutions Recent Developments
9.12 Occidental Petroleum
9.12.1 Occidental Petroleum Artificial Lifts Basic Information
9.12.2 Occidental Petroleum Artificial Lifts Product Overview
9.12.3 Occidental Petroleum Artificial Lifts Product Market Performance
9.12.4 Occidental Petroleum Business Overview
9.12.5 Occidental Petroleum Recent Developments
9.13 Flotek Industries
9.13.1 Flotek Industries Artificial Lifts Basic Information
9.13.2 Flotek Industries Artificial Lifts Product Overview
9.13.3 Flotek Industries Artificial Lifts Product Market Performance
9.13.4 Flotek Industries Business Overview
9.13.5 Flotek Industries Recent Developments
9.14 Borets International
9.14.1 Borets International Artificial Lifts Basic Information
9.14.2 Borets International Artificial Lifts Product Overview
9.14.3 Borets International Artificial Lifts Product Market Performance
9.14.4 Borets International Business Overview
9.14.5 Borets International Recent Developments
10 Artificial Lifts Market Forecast by Region
10.1 Global Artificial Lifts Market Size Forecast
10.2 Global Artificial Lifts Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Artificial Lifts Market Size Forecast by Country
10.2.3 Asia Pacific Artificial Lifts Market Size Forecast by Region
10.2.4 South America Artificial Lifts Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Artificial Lifts by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Artificial Lifts Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Artificial Lifts by Type (2024-2029)
11.1.2 Global Artificial Lifts Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Artificial Lifts by Type (2024-2029)
11.2 Global Artificial Lifts Market Forecast by Application (2024-2029)
11.2.1 Global Artificial Lifts Sales (K Units) Forecast by Application
11.2.2 Global Artificial Lifts Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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