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Market Research Report
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930813

Artificial Lift Market by Type (ESP, PCP, Rod Lift, Gas Lift, and Others); Mechanism (Pump Assisted, Gas Assisted); Well Type (Horizontal, Vertical); Application (Onshore, Offshore); Region - Global Forecast to 2025

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Artificial Lift Market by Type (ESP, PCP, Rod Lift, Gas Lift, and Others); Mechanism (Pump Assisted, Gas Assisted); Well Type (Horizontal, Vertical); Application (Onshore, Offshore); Region - Global Forecast to 2025
Published: March 27, 2020
MarketsandMarkets
Content info: 170 Pages
Delivery time: 1-2 business days
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Description

"The artificial lift market is projected to grow at a CAGR of 5.0% from 2020 to 2025."

The artificial lift market is projected to reach USD 10.3 billion by 2025 from an estimated USD 8.0 billion in 2020, at a CAGR of 5.0% during the forecast period. Rising production from the existing oil & gas reserves as well as depleting reserves has driven the artificial lift market growth. Furthermore, shale developments and rising drilling activities are driving the market. However, declining oil demand from Europe due to the transition towards renewables is likely to hamper the growth of the artificial lift market.

"The horizontal segment, by well type, is expected to be the largest and the fastest-growing market from 2020 to 2025."

The well type segment is categorized as horizontal and vertical, the two drilling methods adopted by companies. In 2018, horizontal wells accounted for about 70% of the wells drilled globally. This is majorly due to the increasing drilling activities in the Middle East and Europe, where horizontal drilling is more prominent. More artificial lift operations are required in horizontal wells as compared to the vertical wells as the wellbore faces a higher challenge of water shutoffs and wax formation. North America is expected to hold the largest horizontal well type market, with continuous shale developments in lower-48 states in the US.

"The offshore segment, by application, is expected to be the fastest-growing market from 2020 to 2025."

The offshore segment is expected to grow at the fastest rate during the forecast period. Artificial lift methods such as hydraulic pumping, gas lift, ESP, and PCP are most prominently used in offshore oil wells. The companies have been exploring the offshore locations for oil & gas production owing to the fact that offshore has huge untapped reserves. Thus, the offshore market is a more capital-intensive segment as compared to onshore. According to the IEA, between 2019 and 2040, 2,500-3,000 offshore projects are likely to undergo decommissioning, as they have attained their operational lives. The Gulf of Mexico and the North Sea have the highest number of maturing shallow fields. Thus, such maturing shallow fields have created demand opportunities for artificial lift methods in the Gulf of Mexico and the North Sea regions.

"North America: The largest and the third fastest-growing region in the artificial lift market."

North America is expected to dominate the global artificial lift market between 2020 and 2025. The North American oil production is rising drastically, with a growth rate of 5.0% from 2020 to 2025. Moreover, the continuous shale activities in the region are driving the demand for artificial lift operations. The upstream operators, such as Total, ExxonMobil, Chevron, and Apache, also have a significant presence in North America. This creates more opportunities for oilfield service providers to capture long-term contracts.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects.

The distribution of primary interviews is as follows:

  • By Company Type: Tier 1- 60%, Tier 2- 25%, and Tier 3- 15%
  • By Designation: C-Level- 35%, Director Level- 25%, and Others- 40%
  • By Region: North America- 40%, Europe- 20%, Asia Pacific- 15%, Middle East & Africa - 15%, and South & Central America- 10%

Others includes sales managers, engineers, and regional managers.

Note: Tier 1 Company-Revenue > USD 5 billion, Tier 2 Company-Revenue between USD 1 and USD 5 billion, and Tier 3 Company-Revenue < USD 1 billion.

The artificial lift market is dominated by a few major players that have an extensive regional presence. The leading players in the artificial lift market are Schlumberger (US), Baker Hughes Company (US), Weatherford (Switzerland), Halliburton (US), and Borets International (Russia).

Research Coverage:

The report defines, describes, and forecasts the artificial lift market, by type, well type, application, mechanism, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market, which include the analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the artificial lift market.

Why buy this report?

  • 1. The report identifies and addresses the key markets for artificial lift operations and services, which would help equipment manufacturers and service providers review the growth in demand.
  • 2. The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
  • 3. The report will help key players understand the strategies of their competitors better and help them in making better strategic decisions.
Table of Contents
Product Code: EP 3045

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 OBJECTIVES OF THE STUDY
  • 1.2 DEFINITION
    • 1.2.1 ARTIFICIAL LIFT MARKET, BY MECHANISM: INCLUSIONS VS. EXCLUSIONS
  • 1.3 MARKET SCOPE
    • 1.3.1 MARKET SEGMENTATION
    • 1.3.2 REGIONS COVERED
    • 1.3.3 YEARS CONSIDERED FOR THE STUDY
  • 1.4 CURRENCY
  • 1.5 LIMITATIONS
  • 1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • 2.1.1 SECONDARY DATA
      • 2.1.1.1 Key data from secondary sources
    • 2.1.2 PRIMARY DATA
      • 2.1.2.1 Key data from primary sources
      • 2.1.2.2 Breakdown of primaries
  • 2.2 SCOPE
  • 2.3 KEY INFLUENCING FACTORS/DRIVERS
    • 2.3.1 WELL COUNT
    • 2.3.2 PRODUCTION TRENDS
    • 2.3.3 CRUDE OIL PRICES
  • 2.4 MARKET SIZE ESTIMATION
    • 2.4.1 IDEAL DEMAND-SIDE ANALYSIS
      • 2.4.1.1 Assumptions
      • 2.4.1.2 Calculation
    • 2.4.2 SUPPLY-SIDE ANALYSIS
      • 2.4.2.1 Assumptions
      • 2.4.2.2 Calculation
    • 2.4.3 FORECAST
  • 2.5 MARKET BREAKDOWN AND DATA TRIANGULATION
  • 2.6 PRIMARY INSIGHTS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

  • 4.1 ATTRACTIVE OPPORTUNITIES IN THE ARTIFICIAL LIFT MARKET
  • 4.2 ARTIFICIAL LIFT MARKET, BY TYPE
  • 4.3 ARTIFICIAL LIFT MARKET, BY MECHANISM
  • 4.4 ARTIFICIAL LIFT MARKET, BY WELL TYPE
  • 4.5 ARTIFICIAL LIFT MARKET, BY APPLICATION
  • 4.6 ARTIFICIAL LIFT MARKET, BY REGION
  • 4.7 NORTH AMERICAN ARTIFICIAL LIFT MARKET, BY APPLICATION & COUNTRY, 2019

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    • 5.2.1 DRIVERS
      • 5.2.1.1 Continuous shale development activities
      • 5.2.1.2 Rising investments in the upstream oil & gas sector
      • 5.2.1.3 Heavy oil production
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 Increasing adoption of renewable energy in Europe
      • 5.2.2.2 Lack of skilled labor
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Redevelopment of mature oilfields
      • 5.2.3.2 New offshore oilfield discoveries
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Application of ALMs in horizontal wells
  • 5.3 SUPPLY CHAIN OVERVIEW
    • 5.3.1 KEY INFLUENCERS
      • 5.3.1.1 Equipment manufacturers
      • 5.3.1.2 Service providers
      • 5.3.1.3 Oilfield operators

6 ARTIFICIAL LIFT MARKET, BY TYPE

  • 6.1 INTRODUCTION
  • 6.2 ROD LIFT
    • 6.2.1 RISING DEMAND FOR HANDLING CORROSIVE GASES DURING ARTIFICIAL LIFT OPERATIONS IS DRIVING THE ROD LIFT SEGMENT
  • 6.3 ELECTRICAL SUBMERSIBLE PUMP (ESP)
    • 6.3.1 DEMAND FOR ELECTRICAL SUBMERSIBLE PUMPS IS EXPECTED TO INCREASE DUE TO THE RISE IN OPERATIONS IN DIRECTIONAL WELLS
  • 6.4 GAS LIFT
    • 6.4.1 HIGH EFFICIENCY RATE OF HIGH GAS TO OIL RATIO WELLS IS SET TO BOOST THE DEMAND FOR GAS LIFT SYSTEMS
  • 6.5 PROGRESSIVE CAVITY PUMP (PCP)
    • 6.5.1 RISE IN DEMAND FOR ARTIFICIAL LIFT IN SHALLOW WELLS IS LIKELY TO INCREASE THE DEMAND FOR PROGRESSIVE CAVITY PUMPS
  • 6.6 OTHERS

7 ARTIFICIAL LIFT MARKET, BY MECHANISM

  • 7.1 INTRODUCTION
  • 7.2 PUMP ASSISTED
    • 7.2.1 POSITIVE DISPLACEMENT
      • 7.2.1.1 Increasing adoption of rod lift pumps and PCPs in North America and the Middle East & Africa is likely to drive the positive displacement market
    • 7.2.2 DYNAMIC DISPLACEMENT
      • 7.2.2.1 Rise in multistage drilling operations owing to the development in shale reservoirs drives the dynamic displacement segment
  • 7.3 GAS ASSISTED
    • 7.3.1 INCREASING ADOPTION OF GAS ASSISTED SYSTEMS ACROSS VERTICAL GAS WELLS IS LIKELY TO DRIVE THE SEGMENT

8 ARTIFICIAL LIFT MARKET, BY WELL TYPE

  • 8.1 INTRODUCTION
  • 8.2 HORIZONTAL
    • 8.2.1 LARGE DISCOVERIES OF SHALE RESERVES ARE EXPECTED TO DRIVE THE HORIZONTAL WELL SEGMENT IN NORTH AMERICA
  • 8.3 VERTICAL
    • 8.3.1 MATURING VERTICAL OIL & GAS WELLS ARE DRIVING THE GLOBAL ARTIFICIAL LIFT MARKET

9 ARTIFICIAL LIFT MARKET, BY APPLICATION

  • 9.1 INTRODUCTION
  • 9.2 ONSHORE
    • 9.2.1 REDEVELOPMENT OF MATURE ONSHORE OILFIELDS ALONG WITH GROWING SHALE ACTIVITIES TO DRIVE THE ONSHORE ARTIFICIAL LIFT MARKET
  • 9.3 OFFSHORE
    • 9.3.1 MATURING SHALLOW OILFIELDS ARE DRIVING THE OFFSHORE ARTIFICIAL LIFT MARKET

10 ARTIFICIAL LIFT MARKET, BY REGION

  • 10.1 INTRODUCTION
  • 10.2 NORTH AMERICA
    • 10.2.1 BY TYPE
    • 10.2.2 BY MECHANISM
      • 10.2.2.1 By pump assisted mechanism
    • 10.2.3 BY WELL TYPE
    • 10.2.4 BY APPLICATION
    • 10.2.5 BY COUNTRY
      • 10.2.5.1 US
        • 10.2.5.1.1 Development of shale gas reserves and increased hydraulic fracturing activities to drive the US artificial lift market
      • 10.2.5.2 Canada
        • 10.2.5.2.1 Rising production of tight oil and increasing liquid-rich natural gas formations in Alberta drive the artificial lift market in Canada
  • 10.3 EUROPE
    • 10.3.1 BY TYPE
    • 10.3.2 BY MECHANISM
      • 10.3.2.1 By pump assisted mechanism
    • 10.3.3 BY WELL TYPE
    • 10.3.4 BY APPLICATION
    • 10.3.5 BY COUNTRY
      • 10.3.5.1 Russia
        • 10.3.5.1.1 Investments in the Arctic offshore is expected to drive the offshore artificial lift market in Russia
      • 10.3.5.2 UK
        • 10.3.5.2.1 Redevelopment of brownfields drives the artificial lift market in the UK
      • 10.3.5.3 Norway
        • 10.3.5.3.1 Increasing offshore exploration & production activities in the Norwegian Continental Shelf (NCS) drive the artificial lift market
      • 10.3.5.4 Rest of Europe
  • 10.4 ASIA PACIFIC
    • 10.4.1 BY TYPE
    • 10.4.2 BY MECHANISM
      • 10.4.2.1 By pump assisted mechanism
    • 10.4.3 BY WELL TYPE
    • 10.4.4 BY APPLICATION
    • 10.4.5 BY COUNTRY
      • 10.4.5.1 China
        • 10.4.5.1.1 Depleting giant oil & gas fields and increasing crude oil imports favor the implementation of artificial lift in China
      • 10.4.5.2 Indonesia
        • 10.4.5.2.1 Decline in oil & gas production is expected to support the growth of EOR applications and drive the artificial lift market
      • 10.4.5.3 Malaysia
        • 10.4.5.3.1 Rising deepwater explorations and increasing oil & gas production from existing fields drive the artificial lift market
      • 10.4.5.4 India
        • 10.4.5.4.1 Rising investments for offshore exploration & production activities are expected to drive the artificial lift market
      • 10.4.5.5 Rest of Asia Pacific
  • 10.5 SOUTH & CENTRAL AMERICA
    • 10.5.1 BY TYPE
    • 10.5.2 BY MECHANISM
      • 10.5.2.1 By pump assisted mechanism
    • 10.5.3 BY WELL TYPE
    • 10.5.4 BY APPLICATION
    • 10.5.5 BY COUNTRY
      • 10.5.5.1 Venezuela
        • 10.5.5.1.1 Production of heavy oil and redevelopment of mature oilfield drive the artificial lift market
      • 10.5.5.2 Brazil
        • 10.5.5.2.1 Investments in deepwater offshore wells drive the artificial lift market in Brazil
      • 10.5.5.3 Mexico
        • 10.5.5.3.1 Investments for developing unconventional reserves to drive the artificial lift market in Mexico
      • 10.5.5.4 Colombia
        • 10.5.5.4.1 Increasing exploration & production activities owing to favorable regulatory reforms drive the artificial lift market
      • 10.5.5.5 Ecuador
        • 10.5.5.5.1 Increasing production from oil reserves drives the demand for artificial lift in the country
      • 10.5.5.6 Rest of South & Central America
  • 10.6 MIDDLE EAST & AFRICA
    • 10.6.1 BY TYPE
    • 10.6.2 BY MECHANISM
      • 10.6.2.1 By pump assisted mechanism
    • 10.6.3 BY WELL TYPE
    • 10.6.4 BY APPLICATION
    • 10.6.5 BY COUNTRY
      • 10.6.5.1 Angola
        • 10.6.5.1.1 Increasing offshore exploration & production activities owing to substantial investments are likely to drive the artificial lift market in Angola
      • 10.6.5.2 Oman
        • 10.6.5.2.1 Increasing production from maturing brownfields owing to favorable government initiative drives the artificial lift market
      • 10.6.5.3 Nigeria
        • 10.6.5.3.1 Developments of mature oil & gas fields and exploration & production activities in deep- and ultra-deepwater boost the artificial lift market during the forecast period
      • 10.6.5.4 Saudi Arabia
        • 10.6.5.4.1 Increasing crude production from declining reserves and development of new unconventional resource in the offshore region drive the artificial lift market
      • 10.6.5.5 Kuwait
        • 10.6.5.5.1 Upcoming investments for the development of oilfields are likely to boost the artificial lift market
      • 10.6.5.6 UAE
        • 10.6.5.6.1 ESP applications at existing mature fields act as a driving force for artificial lift services in the UAE
      • 10.6.5.7 Rest of the Middle East & Africa

11 COMPETITIVE LANDSCAPE

  • 11.1 OVERVIEW
  • 11.2 COMPETITIVE LEADERSHIP MAPPING
    • 11.2.1 VISIONARY LEADERS
    • 11.2.2 INNOVATORS
    • 11.2.3 DYNAMIC DIFFERENTIATORS
    • 11.2.4 EMERGING COMPANIES
  • 11.3 RANKING OF PLAYERS AND INDUSTRY CONCENTRATION, 2019
  • 11.4 COMPETITIVE SCENARIO
    • 11.4.1 NEW PRODUCT LAUNCHES
    • 11.4.2 CONTRACTS & AGREEMENTS
    • 11.4.3 MERGERS & ACQUISITIONS
    • 11.4.4 INVESTMENTS & EXPANSIONS
    • 11.4.5 PARTNERSHIPS, COLLABORATIONS, ALLIANCES, AND JOINT VENTURES

12 COMPANY PROFILES

(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*

  • 12.1 SCHLUMBERGER
  • 12.2 WEATHERFORD INTERNATIONAL
  • 12.3 HALLIBURTON
  • 12.4 BAKER HUGHES COMPANY
  • 12.5 NOV
  • 12.6 BORETS INTERNATIONAL
  • 12.7 APERGY
  • 12.8 DISTRIBUTIONNOW
  • 12.9 JJ TECH
  • 12.10 OILSERV
  • 12.11 NOVOMET
  • 12.12 ACCESSESP
  • 12.13 PCM ARTIFICIAL LIFT SOLUTIONS INC.
  • 12.14 PRIORITY ARTIFICIAL LIFT SERVICES
  • 12.15 CAMCO
  • 12.16 VALIANT ARTIFICIAL LIFT SOLUTIONS
  • 12.17 MIDDLE EAST OILFIELD SERVICES
  • 12.18 EPIC LIFT SYSTEMS
  • 12.19 MAKTOOM TRADING & CONTRACTING COMPANY
  • 12.20 PRODUCTION LIFT COMPANIES

Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.

13 APPENDIX

  • 13.1 INSIGHTS OF INDUSTRY EXPERTS
  • 13.2 DISCUSSION GUIDE
  • 13.3 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 13.4 AVAILABLE CUSTOMIZATIONS
  • 13.5 RELATED REPORTS
  • 13.6 AUTHOR DETAILS

LIST OF TABLES

  • TABLE 1: ARTIFICIAL LIFT MARKET: PLAYERS/COMPANIES CONNECTED
  • TABLE 2: ARTIFICIAL LIFT MARKET SNAPSHOT
  • TABLE 3: TOP COUNTRIES WITH RECOVERABLE SHALE RESOURCES, 2018
  • TABLE 4: HORIZONTAL WELL: ARTIFICIAL LIFT METHODS
  • TABLE 5: COMPARISON CHART OF ARTIFICIAL LIFT METHODS
  • TABLE 6: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 7: ROD LIFT: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
  • TABLE 8: ESP: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
  • TABLE 9: GAS LIFT: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
  • TABLE 10: PCP: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
  • TABLE 11: OTHERS: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
  • TABLE 12: ARTIFICIAL LIFT MARKET SIZE, BY MECHANISM, 2018-2025 (USD MILLION)
  • TABLE 13: PUMP ASSISTED: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 14: PUMP ASSISTED: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
  • TABLE 15: POSITIVE DISPLACEMENT: PUMP ASSISTED ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
  • TABLE 16: DYNAMIC DISPLACEMENT: PUMP ASSISTED ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
  • TABLE 17: GAS ASSISTED: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
  • TABLE 18: ARTIFICIAL LIFT MARKET SIZE, BY WELL TYPE, 2018-2025 (USD MILLION)
  • TABLE 19: HORIZONTAL: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
  • TABLE 20: VERTICAL: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
  • TABLE 21: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 22: ONSHORE: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
  • TABLE 23: OFFSHORE: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
  • TABLE 24: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
  • TABLE 25: NORTH AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 26: NORTH AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY MECHANISM, 2018-2025 (USD MILLION)
  • TABLE 27: PUMP ASSISTED MECHANISM: NORTH AMERICAN ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 28: NORTH AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY WELL TYPE, 2018-2025 (USD MILLION)
  • TABLE 29: NORTH AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 30: NORTH AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY COUNTRY, 2018-2025 (USD MILLION)
  • TABLE 31: US: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 32: US: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 33: CANADA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 34: CANADA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 35: EUROPE: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 36: EUROPE: ARTIFICIAL LIFT MARKET SIZE, BY MECHANISM, 2018-2025 (USD MILLION)
  • TABLE 37: PUMP ASSISTED MECHANISM: EUROPEAN ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 38: EUROPE: ARTIFICIAL LIFT MARKET SIZE, BY WELL TYPE, 2018-2025 (USD MILLION)
  • TABLE 39: EUROPE: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 40: EUROPE: ARTIFICIAL LIFT MARKET SIZE, BY COUNTRY, 2018-2025 (USD MILLION)
  • TABLE 41: RUSSIA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 42: RUSSIA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 43: UK: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 44: UK: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 45: NORWAY: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 46: NORWAY: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 47: REST OF EUROPE: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 48: REST OF EUROPE: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 49: ASIA PACIFIC: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 50: ASIA PACIFIC: ARTIFICIAL LIFT MARKET SIZE, BY MECHANISM, 2018-2025 (USD MILLION)
  • TABLE 51: PUMP ASSISTED MECHANISM: ASIA PACIFIC ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 52: ASIA PACIFIC: ARTIFICIAL LIFT MARKET SIZE, BY WELL TYPE, 2018-2025 (USD MILLION)
  • TABLE 53: ASIA PACIFIC: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 54: ASIA PACIFIC: ARTIFICIAL LIFT MARKET SIZE, BY COUNTRY, 2018-2025 (USD MILLION)
  • TABLE 55: CHINA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 56: CHINA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 57: INDONESIA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 58: INDONESIA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 59: MALAYSIA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 60: MALAYSIA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 61: INDIA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 62: INDIA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 63: REST OF ASIA PACIFIC: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 64: REST OF ASIA PACIFIC: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 65: SOUTH & CENTRAL AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 66: SOUTH & CENTRAL AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY MECHANISM, 2018-2025 (USD MILLION)
  • TABLE 67: PUMP ASSISTED MECHANISM: SOUTH & CENTRAL AMERICAN ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 68: SOUTH & CENTRAL AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY WELL TYPE, 2018-2025 (USD MILLION)
  • TABLE 69: SOUTH & CENTRAL AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 70: SOUTH & CENTRAL AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY COUNTRY, 2018-2025 (USD MILLION)
  • TABLE 71: VENEZUELA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 72: VENEZUELA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 73: BRAZIL: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 74: BRAZIL: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 75: MEXICO: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 76: MEXICO: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 77: COLOMBIA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 78: COLOMBIA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 79: ECUADOR: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 80: ECUADOR: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 81: REST OF SOUTH & CENTRAL AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 82: REST OF SOUTH & CENTRAL AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 83: MIDDLE EAST & AFRICA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 84: MIDDLE EAST & AFRICA: ARTIFICIAL LIFT MARKET SIZE, BY MECHANISM, 2018-2025 (USD MILLION)
  • TABLE 85: PUMP ASSISTED MECHANISM: MIDDLE EAST & AFRICAN ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 86: MIDDLE EAST & AFRICA: ARTIFICIAL LIFT MARKET SIZE, BY WELL TYPE, 2018-2025 (USD MILLION)
  • TABLE 87: MIDDLE EAST & AFRICA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 88: MIDDLE EAST & AFRICA: ARTIFICIAL LIFT MARKET SIZE, BY COUNTRY, 2018-2025 (USD MILLION)
  • TABLE 89: ANGOLA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 90: ANGOLA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 91: OMAN: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 92: OMAN: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 93: NIGERIA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 94: NIGERIA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 95: SAUDI ARABIA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 96: SAUDI ARABIA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 97: KUWAIT: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 98: KUWAIT: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 99: UAE: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 100: UAE: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 101: REST OF MIDDLE EAST & AFRICA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
  • TABLE 102: REST OF MIDDLE EAST & AFRICA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
  • TABLE 103: DEVELOPMENTS OF KEY PLAYERS IN THE MARKET, 2017-2019

LIST OF FIGURES

  • FIGURE 1: ARTIFICIAL LIFT MARKET: RESEARCH DESIGN
  • FIGURE 2: OPERATIONAL WELL COUNT VS. CRUDE OIL PRODUCTION (2013-2019)
  • FIGURE 3: CRUDE OIL PRICE TREND, 2014-2019
  • FIGURE 4: RESEARCH METHODOLOGY: ILLUSTRATION OF ARTIFICIAL LIFT COMPANY REVENUE ESTIMATION (2019)
  • FIGURE 5: RANKING OF KEY PLAYERS & INDUSTRY CONCENTRATION, 2019
  • FIGURE 6: DATA TRIANGULATION METHODOLOGY
  • FIGURE 7: NORTH AMERICA DOMINATED THE ARTIFICIAL LIFT MARKET IN 2019
  • FIGURE 8: ESP SEGMENT IS EXPECTED TO GROW AT THE HIGHEST CAGR FROM 2020 TO 2025
  • FIGURE 9: PUMP ASSISTED SEGMENT IS EXPECTED TO LEAD THE ARTIFICIAL LIFT MARKET, BY MECHANISM, DURING THE FORECAST PERIOD
  • FIGURE 10: HORIZONTAL SEGMENT IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
  • FIGURE 11: ONSHORE SEGMENT IS EXPECTED TO DOMINATE THE ARTIFICIAL LIFT MARKET, BY APPLICATION, DURING THE FORECAST PERIOD
  • FIGURE 12: REDEVELOPMENT OF MATURE OILFIELDS ALONG WITH NEW OFFSHORE OILFIELD DISCOVERIES TO DRIVE THE ARTIFICIAL LIFT MARKET, 2020-2025
  • FIGURE 13: ROD LIFT SEGMENT IS EXPECTED TO DOMINATE THE ARTIFICIAL LIFT MARKET, BY TYPE, DURING THE FORECAST PERIOD
  • FIGURE 14: PUMP ASSISTED SEGMENT DOMINATED THE ARTIFICIAL LIFT MARKET, BY MECHANISM, IN 2019
  • FIGURE 15: HORIZONTAL SEGMENT IS EXPECTED TO DOMINATE THE ARTIFICIAL LIFT MARKET, BY WELL TYPE, DURING THE FORECAST PERIOD
  • FIGURE 16: ONSHORE SEGMENT DOMINATED THE ARTIFICIAL LIFT MARKET, BY APPLICATION, IN 2019
  • FIGURE 17: MIDDLE EAST& AFRICAN ARTIFICIAL LIFT MARKET IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
  • FIGURE 18: ONSHORE SEGMENT AND THE US DOMINATED THE NORTH AMERICAN ARTIFICIAL LIFT MARKET IN 2019
  • FIGURE 19: ARTIFICIAL LIFT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 20: GLOBAL OIL & GAS UPSTREAM CAPITAL SPENDING (2016-2019)
  • FIGURE 21: NEW OFFSHORE OILFIELDS, BY OPERATOR, 2018
  • FIGURE 22: ARTIFICIAL LIFT SUPPLY CHAIN
  • FIGURE 23: ROD LIFT SEGMENT IS EXPECTED TO LEAD THE ARTIFICIAL LIFT MARKET DURING THE FORECAST PERIOD
  • FIGURE 24: PUMP ASSISTED SEGMENT ACCOUNTED FOR THE LARGEST SHARE OF THE ARTIFICIAL LIFT MARKET IN 2019
  • FIGURE 25: HORIZONTAL SEGMENT DOMINATED THE ARTIFICIAL LIFT MARKET, BY WELL TYPE, IN 2019
  • FIGURE 26: ONSHORE WELL SEGMENT IS EXPECTED TO LEAD THE ARTIFICIAL LIFT MARKET FROM 2020 TO 2025
  • FIGURE 27: ARTIFICIAL LIFT MARKET IN THE MIDDLE EAST & AFRICA IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
  • FIGURE 28: NORTH AMERICA DOMINATED THE ARTIFICIAL LIFT MARKET IN 2019
  • FIGURE 29: NORTH AMERICA: MARKET SNAPSHOT
  • FIGURE 30: EUROPE: MARKET SNAPSHOT
  • FIGURE 31: KEY DEVELOPMENTS IN THE ARTIFICIAL LIFT MARKET, 2017-FEBRUARY 2019
  • FIGURE 32: ARTIFICIAL LIFT MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2019
  • FIGURE 33: RANKING OF KEY PLAYERS & INDUSTRY CONCENTRATION, 2019
  • FIGURE 34: SCHLUMBERGER: COMPANY SNAPSHOT
  • FIGURE 35: SCHLUMBERGER: SWOT ANALYSIS
  • FIGURE 36: WEATHERFORD INTERNATIONAL: COMPANY SNAPSHOT
  • FIGURE 37: WEATHERFORD: SWOT ANALYSIS
  • FIGURE 38: HALLIBURTON: COMPANY SNAPSHOT
  • FIGURE 39: HALLIBURTON: SWOT ANALYSIS
  • FIGURE 40: BAKER HUGHES COMPANY: COMPANY SNAPSHOT
  • FIGURE 41: BAKER HUGHES COMPANY: SWOT ANALYSIS
  • FIGURE 42: NOV: COMPANY SNAPSHOT
  • FIGURE 43: NOV: SWOT ANALYSIS
  • FIGURE 44: BORETS INTERNATIONAL: COMPANY SNAPSHOT
  • FIGURE 45: APERGY: COMPANY SNAPSHOT
  • FIGURE 46: DISTRIBUTIONNOW: COMPANY SNAPSHOT