Artificial Lift Systems Market in US 2024-2028

Artificial Lift Systems Market In US 2024-2028


The artificial lift systems market in us is forecasted to grow by USD 1145.3 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the artificial lift systems market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by enhanced production requirements in mature fields, growing demand for oil and natural gas, and investment in oil and gas industry.

Technavio's artificial lift systems market in us is segmented as below:
  • By Application
  • Onshore
  • Offshore
  • By Type
  • ESP systems
  • RLP systems
  • PCP systems
  • Others
  • By Geographical Landscape
  • North America
This study identifies the increasing use of automation and remote technology as one of the prime reasons driving the artificial lift systems market in us growth during the next few years. Also, key developments in oil and gas industries and increase in offshore exploration activities will lead to sizable demand in the market.

The report on the artificial lift systems market in us covers the following areas:
  • Artificial Lift Systems Market in US sizing
  • Artificial Lift Systems Market in US forecast
  • Artificial Lift Systems Market in US industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading artificial lift systems market in us vendors that include AccessESP, Baker Hughes Co., BCPGroup Artificial Lift Inc., ChampionX Corp., Dover Corp., General Electric Co., Halliburton Co., JJ Tech, Levare International, NOV Inc., Novomet Group, NOW Inc., Occidental Petroleum Corp., Schlumberger Ltd., The Gorman Rupp Co., Valiant Artificial Lift Solutions LLC, and Weatherford International Plc. Also, the artificial lift systems market in us analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US: Year-over-year growth 2023-2028 (%)
Data Table on US: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Artificial Lift Systems Market in US 2018 - 2022
Historic Market Size - Data Table on Artificial Lift Systems Market in US 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
6.3 Onshore - Market size and forecast 2023-2028
Chart on Onshore - Market size and forecast 2023-2028 ($ million)
Data Table on Onshore - Market size and forecast 2023-2028 ($ million)
Chart on Onshore - Year-over-year growth 2023-2028 (%)
Data Table on Onshore - Year-over-year growth 2023-2028 (%)
6.4 Offshore - Market size and forecast 2023-2028
Chart on Offshore - Market size and forecast 2023-2028 ($ million)
Data Table on Offshore - Market size and forecast 2023-2028 ($ million)
Chart on Offshore - Year-over-year growth 2023-2028 (%)
Data Table on Offshore - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
7 Market Segmentation by Type
7.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
7.3 ESP systems - Market size and forecast 2023-2028
Chart on ESP systems - Market size and forecast 2023-2028 ($ million)
Data Table on ESP systems - Market size and forecast 2023-2028 ($ million)
Chart on ESP systems - Year-over-year growth 2023-2028 (%)
Data Table on ESP systems - Year-over-year growth 2023-2028 (%)
7.4 RLP systems - Market size and forecast 2023-2028
Chart on RLP systems - Market size and forecast 2023-2028 ($ million)
Data Table on RLP systems - Market size and forecast 2023-2028 ($ million)
Chart on RLP systems - Year-over-year growth 2023-2028 (%)
Data Table on RLP systems - Year-over-year growth 2023-2028 (%)
7.5 PCP systems - Market size and forecast 2023-2028
Chart on PCP systems - Market size and forecast 2023-2028 ($ million)
Data Table on PCP systems - Market size and forecast 2023-2028 ($ million)
Chart on PCP systems - Year-over-year growth 2023-2028 (%)
Data Table on PCP systems - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Baker Hughes Co.
Baker Hughes Co. - Overview
Baker Hughes Co. - Business segments
Baker Hughes Co. - Key news
Baker Hughes Co. - Key offerings
Baker Hughes Co. - Segment focus
11.4 ChampionX Corp.
ChampionX Corp. - Overview
ChampionX Corp. - Product / Service
ChampionX Corp. - Key offerings
11.5 Dover Corp.
Dover Corp. - Overview
Dover Corp. - Business segments
Dover Corp. - Key news
Dover Corp. - Key offerings
Dover Corp. - Segment focus
11.6 Halliburton Co.
Halliburton Co. - Overview
Halliburton Co. - Business segments
Halliburton Co. - Key news
Halliburton Co. - Key offerings
Halliburton Co. - Segment focus
11.7 JJ Tech
JJ Tech - Overview
JJ Tech - Product / Service
JJ Tech - Key offerings
11.8 NOV Inc.
NOV Inc. - Overview
NOV Inc. - Business segments
NOV Inc. - Key news
NOV Inc. - Key offerings
NOV Inc. - Segment focus
11.9 NOW Inc.
NOW Inc. - Overview
NOW Inc. - Business segments
NOW Inc. - Key offerings
NOW Inc. - Segment focus
11.10 Schlumberger Ltd.
Schlumberger Ltd. - Overview
Schlumberger Ltd. - Business segments
Schlumberger Ltd. - Key news
Schlumberger Ltd. - Key offerings
Schlumberger Ltd. - Segment focus
11.11 Valiant Artificial Lift Solutions LLC
Valiant Artificial Lift Solutions LLC - Overview
Valiant Artificial Lift Solutions LLC - Product / Service
Valiant Artificial Lift Solutions LLC - Key offerings
11.12 Weatherford International Plc
Weatherford International Plc - Overview
Weatherford International Plc - Business segments
Weatherford International Plc - Key news
Weatherford International Plc - Key offerings
Weatherford International Plc - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Application
Exhibits5: Executive Summary - Chart on Market Segmentation by Type
Exhibits6: Executive Summary - Chart on Company Market Positioning
Exhibits7: Parent Market
Exhibits8: Data Table on - Parent Market
Exhibits9: Market characteristics analysis
Exhibits10: Value Chain Analysis
Exhibits11: Offerings of companies included in the market definition
Exhibits12: Market segments
Exhibits13: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits14: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits15: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibits16: Data Table on US: Year-over-year growth 2023-2028 (%)
Exhibits17: Historic Market Size - Data Table on Artificial Lift Systems Market in US 2018 - 2022 ($ million)
Exhibits18: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits19: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits20: Five forces analysis - Comparison between 2023 and 2028
Exhibits21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits26: Chart on Market condition - Five forces 2023 and 2028
Exhibits27: Chart on Application - Market share 2023-2028 (%)
Exhibits28: Data Table on Application - Market share 2023-2028 (%)
Exhibits29: Chart on Comparison by Application
Exhibits30: Data Table on Comparison by Application
Exhibits31: Chart on Onshore - Market size and forecast 2023-2028 ($ million)
Exhibits32: Data Table on Onshore - Market size and forecast 2023-2028 ($ million)
Exhibits33: Chart on Onshore - Year-over-year growth 2023-2028 (%)
Exhibits34: Data Table on Onshore - Year-over-year growth 2023-2028 (%)
Exhibits35: Chart on Offshore - Market size and forecast 2023-2028 ($ million)
Exhibits36: Data Table on Offshore - Market size and forecast 2023-2028 ($ million)
Exhibits37: Chart on Offshore - Year-over-year growth 2023-2028 (%)
Exhibits38: Data Table on Offshore - Year-over-year growth 2023-2028 (%)
Exhibits39: Market opportunity by Application ($ million)
Exhibits40: Data Table on Market opportunity by Application ($ million)
Exhibits41: Chart on Type - Market share 2023-2028 (%)
Exhibits42: Data Table on Type - Market share 2023-2028 (%)
Exhibits43: Chart on Comparison by Type
Exhibits44: Data Table on Comparison by Type
Exhibits45: Chart on ESP systems - Market size and forecast 2023-2028 ($ million)
Exhibits46: Data Table on ESP systems - Market size and forecast 2023-2028 ($ million)
Exhibits47: Chart on ESP systems - Year-over-year growth 2023-2028 (%)
Exhibits48: Data Table on ESP systems - Year-over-year growth 2023-2028 (%)
Exhibits49: Chart on RLP systems - Market size and forecast 2023-2028 ($ million)
Exhibits50: Data Table on RLP systems - Market size and forecast 2023-2028 ($ million)
Exhibits51: Chart on RLP systems - Year-over-year growth 2023-2028 (%)
Exhibits52: Data Table on RLP systems - Year-over-year growth 2023-2028 (%)
Exhibits53: Chart on PCP systems - Market size and forecast 2023-2028 ($ million)
Exhibits54: Data Table on PCP systems - Market size and forecast 2023-2028 ($ million)
Exhibits55: Chart on PCP systems - Year-over-year growth 2023-2028 (%)
Exhibits56: Data Table on PCP systems - Year-over-year growth 2023-2028 (%)
Exhibits57: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits58: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits59: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits60: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits61: Market opportunity by Type ($ million)
Exhibits62: Data Table on Market opportunity by Type ($ million)
Exhibits63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits64: Impact of drivers and challenges in 2023 and 2028
Exhibits65: Overview on criticality of inputs and factors of differentiation
Exhibits66: Overview on factors of disruption
Exhibits67: Impact of key risks on business
Exhibits68: Companies covered
Exhibits69: Matrix on companies position and classification
Exhibits70: Baker Hughes Co. - Overview
Exhibits71: Baker Hughes Co. - Business segments
Exhibits72: Baker Hughes Co. - Key news
Exhibits73: Baker Hughes Co. - Key offerings
Exhibits74: Baker Hughes Co. - Segment focus
Exhibits75: ChampionX Corp. - Overview
Exhibits76: ChampionX Corp. - Product / Service
Exhibits77: ChampionX Corp. - Key offerings
Exhibits78: Dover Corp. - Overview
Exhibits79: Dover Corp. - Business segments
Exhibits80: Dover Corp. - Key news
Exhibits81: Dover Corp. - Key offerings
Exhibits82: Dover Corp. - Segment focus
Exhibits83: Halliburton Co. - Overview
Exhibits84: Halliburton Co. - Business segments
Exhibits85: Halliburton Co. - Key news
Exhibits86: Halliburton Co. - Key offerings
Exhibits87: Halliburton Co. - Segment focus
Exhibits88: JJ Tech - Overview
Exhibits89: JJ Tech - Product / Service
Exhibits90: JJ Tech - Key offerings
Exhibits91: NOV Inc. - Overview
Exhibits92: NOV Inc. - Business segments
Exhibits93: NOV Inc. - Key news
Exhibits94: NOV Inc. - Key offerings
Exhibits95: NOV Inc. - Segment focus
Exhibits96: NOW Inc. - Overview
Exhibits97: NOW Inc. - Business segments
Exhibits98: NOW Inc. - Key offerings
Exhibits99: NOW Inc. - Segment focus
Exhibits100: Schlumberger Ltd. - Overview
Exhibits101: Schlumberger Ltd. - Business segments
Exhibits102: Schlumberger Ltd. - Key news
Exhibits103: Schlumberger Ltd. - Key offerings
Exhibits104: Schlumberger Ltd. - Segment focus
Exhibits105: Valiant Artificial Lift Solutions LLC - Overview
Exhibits106: Valiant Artificial Lift Solutions LLC - Product / Service
Exhibits107: Valiant Artificial Lift Solutions LLC - Key offerings
Exhibits108: Weatherford International Plc - Overview
Exhibits109: Weatherford International Plc - Business segments
Exhibits110: Weatherford International Plc - Key news
Exhibits111: Weatherford International Plc - Key offerings
Exhibits112: Weatherford International Plc - Segment focus
Exhibits113: Inclusions checklist
Exhibits114: Exclusions checklist
Exhibits115: Currency conversion rates for US$
Exhibits116: Research methodology
Exhibits117: Information sources
Exhibits118: Data validation
Exhibits119: Validation techniques employed for market sizing
Exhibits120: Data synthesis
Exhibits121: 360 degree market analysis
Exhibits122: List of abbreviations

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