Global Artificial Lift Market Growth 2018-2023

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Oct 2018 - 130+ Pages - From $3,660
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"In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Artificial Lift market for 2018-2023.

 

Artificial lift is a method used to lower the producing bottomhole pressure (BHP) on the formation to obtain a higher production rate from the well. This can be done with a positive-displacement downhole pump, such as a beam pump or a progressive cavity pump (PCP), to lower the flowing pressure at the pump intake. It also can be done with a downhole centrifugal pump, which could be a part of an electrical submersible pump (ESP) system. Most oil wells require artificial lift at some point in the life of the field, and many gas wells benefit from artificial lift to take liquids off the formation so gas can flow at a higher rate.

Of the different artificial lift technologies, Rod lift is the largest segment in quantity and ESP is the fastest growing and largest revenue segment. Rod lift is expected to continue its dominating position in the next five years due to a global increase field decline and ESP is projected to grow much slower than the last five years as new oil wells are expected to grow quite moderately.

North America is the largest artificial lift market with the fast growing shale gas production. US and Russia are the largest ESP market and Canada is the largest PCP market.

The artificial lift market scale is likely to decrease and more M&A expected in the next few years. Although sales of Artificial Lift brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Artificial Lift field.

Over the next five years, LPI(LP Information) projects that Artificial Lift will register a 1.2% CAGR in terms of revenue, reach US$ 10200 million by 2023, from US$ 9550 million in 2017.

 

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

 

To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:

 

Segmentation by product type:

    Rod Lift

    ESP

    PCP

    Hydraulic Pumps

    Gas Lift

    Plunger Lift

Segmentation by application:

    Onshore

    Offshore

 

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

        Spain

    Middle East & Africa

        Egypt

        South Africa

        Israel

        Turkey

        GCC Countries

 

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:

    Weatherford

    Schlumberger

    General Electric

    Baker Hughes

    Halliburton

    Dover

    National Oilwell Varco

    Borets

    Cameron

    Novomet

 

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

 

Research objectives

    To study and analyze the global Artificial Lift consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.

    To understand the structure of Artificial Lift market by identifying its various subsegments.

    Focuses on the key global Artificial Lift manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

    To analyze the Artificial Lift with respect to individual growth trends, future prospects, and their contribution to the total market.

    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

    To project the consumption of Artificial Lift submarkets, with respect to key regions (along with their respective key countries).

    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

    To strategically profile the key players and comprehensively analyze their growth strategies.

" "Table of Contents

 

2018-2023 Global Artificial Lift Consumption Market Report

 

1 Scope of the Report

    1.1 Market Introduction

    1.2 Research Objectives

    1.3 Years Considered

    1.4 Market Research Methodology

    1.5 Economic Indicators

    1.6 Currency Considered

 

2 Executive Summary

    2.1 World Market Overview

        2.1.1 Global Artificial Lift Consumption 2013-2023

        2.1.2 Artificial Lift Consumption CAGR by Region

    2.2 Artificial Lift Segment by Type

        2.2.1 Rod Lift

        2.2.2 ESP

        2.2.3 PCP

        2.2.4 Hydraulic Pumps

        2.2.5 Gas Lift

        2.2.6 Plunger Lift

    2.3 Artificial Lift Consumption by Type

        2.3.1 Global Artificial Lift Consumption Market Share by Type (2013-2018)

        2.3.2 Global Artificial Lift Revenue and Market Share by Type (2013-2018)

        2.3.3 Global Artificial Lift Sale Price by Type (2013-2018)

    2.4 Artificial Lift Segment by Application

        2.4.1 Onshore

        2.4.2 Offshore

    2.5 Artificial Lift Consumption by Application

        2.5.1 Global Artificial Lift Consumption Market Share by Application (2013-2018)

        2.5.2 Global Artificial Lift Value and Market Share by Application (2013-2018)

        2.5.3 Global Artificial Lift Sale Price by Application (2013-2018)

 

3 Global Artificial Lift by Players

    3.1 Global Artificial Lift Sales Market Share by Players

        3.1.1 Global Artificial Lift Sales by Players (2016-2018)

        3.1.2 Global Artificial Lift Sales Market Share by Players (2016-2018)

    3.2 Global Artificial Lift Revenue Market Share by Players

        3.2.1 Global Artificial Lift Revenue by Players (2016-2018)

        3.2.2 Global Artificial Lift Revenue Market Share by Players (2016-2018)

    3.3 Global Artificial Lift Sale Price by Players

    3.4 Global Artificial Lift Manufacturing Base Distribution, Sales Area, Product Types by Players

        3.4.1 Global Artificial Lift Manufacturing Base Distribution and Sales Area by Players

        3.4.2 Players Artificial Lift Products Offered

    3.5 Market Concentration Rate Analysis

        3.5.1 Competition Landscape Analysis

        3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2016-2018)

    3.6 New Products and Potential Entrants

    3.7 Mergers & Acquisitions, Expansion

 

4 Artificial Lift by Regions

    4.1 Artificial Lift by Regions

        4.1.1 Global Artificial Lift Consumption by Regions

        4.1.2 Global Artificial Lift Value by Regions

    4.2 Americas Artificial Lift Consumption Growth

    4.3 APAC Artificial Lift Consumption Growth

    4.4 Europe Artificial Lift Consumption Growth

    4.5 Middle East & Africa Artificial Lift Consumption Growth

 

5 Americas

    5.1 Americas Artificial Lift Consumption by Countries

        5.1.1 Americas Artificial Lift Consumption by Countries (2013-2018)

        5.1.2 Americas Artificial Lift Value by Countries (2013-2018)

    5.2 Americas Artificial Lift Consumption by Type

    5.3 Americas Artificial Lift Consumption by Application

    5.4 United States

    5.5 Canada

    5.6 Mexico

    5.7 Key Economic Indicators of Few Americas Countries

 

6 APAC

   6.1 APAC Artificial Lift Consumption by Countries

        6.1.1 APAC Artificial Lift Consumption by Countries (2013-2018)

        6.1.2 APAC Artificial Lift Value by Countries (2013-2018)

    6.2 APAC Artificial Lift Consumption by Type

    6.3 APAC Artificial Lift Consumption by Application

    6.4 China

    6.5 Japan

    6.6 Korea

    6.7 Southeast Asia

    6.8 India

    6.9 Australia

    6.10 Key Economic Indicators of Few APAC Countries

 

7 Europe

    7.1 Europe Artificial Lift by Countries

        7.1.1 Europe Artificial Lift Consumption by Countries (2013-2018)

        7.1.2 Europe Artificial Lift Value by Countries (2013-2018)

    7.2 Europe Artificial Lift Consumption by Type

    7.3 Europe Artificial Lift Consumption by Application

    7.4 Germany

    7.5 France

    7.6 UK

    7.7 Italy

    7.8 Russia

    7.9 Spain

    7.10 Key Economic Indicators of Few Europe Countries

 

8 Middle East & Africa

    8.1 Middle East & Africa Artificial Lift by Countries

        8.1.1 Middle East & Africa Artificial Lift Consumption by Countries (2013-2018)

        8.1.2 Middle East & Africa Artificial Lift Value by Countries (2013-2018)

    8.2 Middle East & Africa Artificial Lift Consumption by Type

    8.3 Middle East & Africa Artificial Lift Consumption by Application

    8.4 Egypt

    8.5 South Africa

    8.6 Israel

    8.7 Turkey

    8.8 GCC Countries

 

9 Market Drivers, Challenges and Trends

    9.1 Market Drivers and Impact

        9.1.1 Growing Demand from Key Regions

        9.1.2 Growing Demand from Key Applications and Potential Industries

    9.2 Market Challenges and Impact

    9.3 Market Trends

 

10 Marketing, Distributors and Customer

    10.1 Sales Channel

        10.1.1 Direct Marketing

        10.1.2 Indirect Marketing

    10.2 Artificial Lift Distributors

    10.3 Artificial Lift Customer

 

11 Global Artificial Lift Market Forecast

    11.1 Global Artificial Lift Consumption Forecast (2018-2023)

    11.2 Global Artificial Lift Forecast by Regions

        11.2.1 Global Artificial Lift Forecast by Regions (2018-2023)

        11.2.2 Global Artificial Lift Value Forecast by Regions (2018-2023)

        11.2.3 Americas Consumption Forecast

        11.2.4 APAC Consumption Forecast

        11.2.5 Europe Consumption Forecast

        11.2.6 Middle East & Africa Consumption Forecast

    11.3 Americas Forecast by Countries

        11.3.1 United States Market Forecast

        11.3.2 Canada Market Forecast

        11.3.3 Mexico Market Forecast

        11.3.4 Brazil Market Forecast

    11.4 APAC Forecast by Countries

        11.4.1 China Market Forecast

        11.4.2 Japan Market Forecast

        11.4.3 Korea Market Forecast

        11.4.4 Southeast Asia Market Forecast

        11.4.5 India Market Forecast

        11.4.6 Australia Market Forecast

    11.5 Europe Forecast by Countries

    &nb

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