Global HPS (Horizontal Surface Pumps) Market Growth 2023-2029

Global HPS (Horizontal Surface Pumps) Market Growth 2023-2029

HPS (Horizontal Surface Pumps) include a pump at the surface to send the power fluid down hole, a gas, diesel or electric engine to drive the pump, and a system for storing, treating and delivering the power fluid (produced oil or water) for use by the down hole pump .
LPI (LP Information)' newest research report, the “HPS (Horizontal Surface Pumps) Industry Forecast” looks at past sales and reviews total world HPS (Horizontal Surface Pumps) sales in 2022, providing a comprehensive analysis by region and market sector of projected HPS (Horizontal Surface Pumps) sales for 2023 through 2029. With HPS (Horizontal Surface Pumps) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HPS (Horizontal Surface Pumps) industry.
This Insight Report provides a comprehensive analysis of the global HPS (Horizontal Surface Pumps) 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 HPS (Horizontal Surface Pumps) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global HPS (Horizontal Surface Pumps) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HPS (Horizontal Surface Pumps) 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 HPS (Horizontal Surface Pumps).
The global HPS (Horizontal Surface Pumps) market size is projected to grow from US$ 462.6 million in 2022 to US$ 573.3 million in 2029; it is expected to grow at a CAGR of 573.3 from 2023 to 2029.
As for the global HPS industry, the industry structure is relatively concentrated. The one third market share in revenue is grasped by the top three manufacturers, Schlumberger, Baker Hughes, and GE, which closes to 66 per cent totally. The United States giant Schlumberger, which has 25% market share, is the leader in the HPS industry. The manufacturers following Schlumberger are Baker Hughes and GE, which respectively has 22% and 18% market share globally. The Borets is the leader of Russia HPS industry.
This report presents a comprehensive overview, market shares, and growth opportunities of HPS (Horizontal Surface Pumps) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Conventional
Electric Side Mount
Gas Driven Side Mount
The Mini Unit
Segmentation by application
Industrial
Oil & Natural Gas
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.
Schlumberger
Baker Hughes
GE
Borets
Weatherford
Novomet
Dover
National Oilwell Varco
SPI
HOSS
Summit ESP
Canadian Advanced ESP
Key Questions Addressed in this Report
What is the 10-year outlook for the global HPS (Horizontal Surface Pumps) market?
What factors are driving HPS (Horizontal Surface Pumps) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do HPS (Horizontal Surface Pumps) market opportunities vary by end market size?
How does HPS (Horizontal Surface Pumps) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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