Report Detail
Global Artificial Lift System Market Size study, by Type (EPS, PCB and Rod Lift), Components (Pump, Motor, Separator, Cable, and Pump Jack and Sucker rod) and Regional Forecasts 2019-2026
- RnM3836284 |
- 26 November, 2019 |
- Global |
- 200 Pages |
- Bizwit Research & Consulting LLP |
- Other
Global Artificial Lift System market is valued approximately USD 22,617 Million in 2018 and is anticipated to grow with a growth rate of more than 11.2% over the forecast period 2019-2026.
Artificial lift is a process that is applicable in oil wells to create pressure within the reservoir and uplift oil to the surface. Moreover, if the naturally drive energy oil reservoir is failed to push the oil to the surface, at that time artificial lift system is used to recover more production. The factors driving the growth of global artificial lift system market over the forecast years are rising deep, Ultra-deep Offshore and heavy oil production and increasing product requirement in mature field. Lack of industry professionals is hampering the growth of market over the upcoming years. Whereas, booming subsea operation is the lucrative growth opportunity for the market. For instance: According to the International Energy Association, the offshore oil production by scenario in 2017 accounts for 26.4 mboed and expected to grow till 2040 with New policy scenario and Sustainable Development scenario, 27.4 mboed and 18.7 mboed respectively. Thus, the rising offshore oil production across the globe will propel the growth of market over the forecast years.
The regional analysis of global Artificial Lift System market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is accounts for the largest market share in the global artificial lift system market due to the rising use of artificial lift system for shale gas production. Whereas, Asia Pacific is the fastest growing region in the global artificial lift system market over the forecast years owing to the rising population of emerging economies such as India and China and fueling the requirement of oil and gas in these economies.
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Million)
- 1.2.1. Artificial Lift System Market, by Region, 2017-2026 (USD Million)
- 1.2.2. Artificial Lift System Market, by Types, 2017-2026 (USD Million)
- 1.2.3. Artificial Lift System Market, by Component, 2017-2026 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Artificial Lift System Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Artificial Lift System Market Dynamics
- 3.1. Artificial Lift System Market Impact Analysis (2018-2026)
- 3.1.1. Market Drivers
- 3.1.2. Market Challenges
- 3.1.3. Market Opportunities
Chapter 4. Global Artificial Lift System Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Artificial Lift System Market, by Types
- 5.1. Market Snapshot
- 5.2. Global Artificial Lift System Market by Types, Performance - Potential Analysis
- 5.3. Global Artificial Lift System Market Estimates & Forecasts by Types 2016-2026 (USD Million)
- 5.4. Artificial Lift System Market, Sub Segment Analysis
- 5.4.1. ESP
- 5.4.2. PCB
- 5.4.3. Rod lift
Chapter 6. Global Artificial Lift System Market, by Component
- 6.1. Market Snapshot
- 6.2. Global Artificial Lift System Market by Component, Performance - Potential Analysis
- 6.3. Global Artificial Lift System Market Estimates & Forecasts by Component 2016-2026 (USD Million)
- 6.4. Artificial Lift System Market, Sub Segment Analysis
- 6.4.1. Pump
- 6.4.2. Motor
- 6.4.3. Separator
- 6.4.4. Cable
- 6.4.5. Pump Jack
- 6.4.6. Sucker rod
Chapter 7. Global Artificial Lift System Market, Regional Analysis
- 7.1. Artificial Lift System Market, Regional Market Snapshot
- 7.2. North America Artificial Lift System Market
- 7.2.1. U.S. Artificial Lift System Market
- 7.2.1.1. Types breakdown estimates & forecasts, 2016-2026
- 7.2.1.2. Component breakdown estimates & forecasts, 2016-2026
- 7.2.2. Canada Artificial Lift System Market
- 7.2.1. U.S. Artificial Lift System Market
- 7.3. Europe Artificial Lift System Market Snapshot
- 7.3.1. U.K. Artificial Lift System Market
- 7.3.2. Germany Artificial Lift System Market
- 7.3.3. Rest of Europe Artificial Lift System Market
- 7.4. Asia-Pacific Artificial Lift System Market Snapshot
- 7.4.1. China Artificial Lift System Market
- 7.4.2. India Artificial Lift System Market
- 7.4.3. Japan Artificial Lift System Market
- 7.4.4. Rest of Asia Pacific Artificial Lift System Market
- 7.5. Latin America Artificial Lift System Market Snapshot
- 7.5.1. Brazil Artificial Lift System Market
- 7.5.2. Mexico Artificial Lift System Market
- 7.6. Rest of The World Artificial Lift System Market
Chapter 8. Competitive Intelligence
- 8.1. Top Market Strategies
- 8.2. Company Profiles
- 8.2.1. Baker Hughes
- 8.2.1.1. Key Information
- 8.2.1.2. Overview
- 8.2.1.3. Financial (Subject to Data Availability)
- 8.2.1.4. Product Summary
- 8.2.1.5. Recent Developments
- 8.2.2. Borets Company LLC
- 8.2.3. General Electric Energy
- 8.2.4. Halliburton Company
- 8.2.5. Kudu Industries
- 8.2.6. National Oilwell Varco Inc.
- 8.2.7. Schlumberger Limited
- 8.2.8. Tenaris S.A
- 8.2.9. Torqueflow Sydex Ltd
- 8.2.10. Weatherford International Ltd
- 8.2.1. Baker Hughes
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
Summary:
Get latest Market Research Reports on Artificial Lift System . Industry analysis & Market Report on Artificial Lift System is a syndicated market report, published as Global Artificial Lift System Market Size study, by Type (EPS, PCB and Rod Lift), Components (Pump, Motor, Separator, Cable, and Pump Jack and Sucker rod) and Regional Forecasts 2019-2026. It is complete Research Study and Industry Analysis of Artificial Lift System market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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