Global Gas Lift Equipment Market Growth 2024-2030

Global Gas Lift Equipment Market Growth 2024-2030

Gas lift equipment is equipment used in the gas lift oil recovery process. Gas lift is a method of artificial lift that uses an external source of high-pressure gas for supplementing formation gas to lift the well fluids. The principle of gas lift is that gas injected into the tubing reduces the density of the fluids in the tubing, and the bubbles have a “scrubbing” action on the liquids. Both factors act to lower the flowing bottomhole pressure (BHP) at the bottom of the tubing. There are two basic types of gas lift in use today—continuous and intermittent flow.

The global Gas Lift Equipment market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Gas Lift Equipment Industry Forecast” looks at past sales and reviews total world Gas Lift Equipment sales in 2023, providing a comprehensive analysis by region and market sector of projected Gas Lift Equipment sales for 2024 through 2030. With Gas Lift Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gas Lift Equipment industry.

This Insight Report provides a comprehensive analysis of the global Gas Lift Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gas Lift Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Gas Lift Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gas Lift Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gas Lift Equipment.

United States market for Gas Lift Equipment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Gas Lift Equipment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Gas Lift Equipment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Gas Lift Equipment players cover SLB, Baker Hughes, Weatherford, ChampionX and Flowco Production Solutions, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Gas Lift Equipment market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Gas Lift Valves
Gas Lift Mandrels
Others

Segmentation by application
Onshore Mining
Offshore Mining

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
SLB
Baker Hughes
Weatherford
ChampionX
Flowco Production Solutions
Endurance Lift Solutions
Liberty Lift Solutions
Mako Lift
Tally Energy Services

Key Questions Addressed in this Report

What is the 10-year outlook for the global Gas Lift Equipment market?

What factors are driving Gas Lift Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Gas Lift Equipment market opportunities vary by end market size?

How does Gas Lift Equipment break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.