Report Detail

Machinery & Equipment Global Electric Submersible Pump (ESP) System Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

  • RnM4571873
  • |
  • 18 December, 2023
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  • Global
  • |
  • 132 Pages
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  • GIR (Global Info Research)
  • |
  • Machinery & Equipment

According to our (Global Info Research) latest study, the global Electric Submersible Pump (ESP) System market size was valued at USD 9236.9 million in 2022 and is forecast to a readjusted size of USD 14730 million by 2029 with a CAGR of 6.9% during review period.
The development trend of electric submersible pump systems is towards increased efficiency, reliability, and automation. There is a growing focus on developing electric submersible pumps that consume less energy while maintaining high performance. This includes the use of advanced motor designs, improved impeller and diffuser designs, and the integration of variable frequency drives (VFDs) to optimize power consumption. The integration of IoT (Internet of Things) technology allows for remote monitoring and control of electric submersible pump systems. This enables real-time data collection, analysis, and adjustment of pump performance, leading to improved efficiency, reduced downtime, and predictive maintenance. Manufacturers are continuously improving the reliability of electric submersible pump systems by using more durable materials, advanced sealing technologies, and better motor protection systems. This ensures longer service life and reduced maintenance requirements.
The Global Info Research report includes an overview of the development of the Electric Submersible Pump (ESP) System industry chain, the market status of Wastewater Management (Standard Electric Submersible Pump System, High-head Electric Submersible Pump System), Aquaculture (Standard Electric Submersible Pump System, High-head Electric Submersible Pump System), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Electric Submersible Pump (ESP) System.
Regionally, the report analyzes the Electric Submersible Pump (ESP) System markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Electric Submersible Pump (ESP) System market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Electric Submersible Pump (ESP) System market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Electric Submersible Pump (ESP) System industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Standard Electric Submersible Pump System, High-head Electric Submersible Pump System).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Electric Submersible Pump (ESP) System market.
Regional Analysis: The report involves examining the Electric Submersible Pump (ESP) System market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Electric Submersible Pump (ESP) System market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Electric Submersible Pump (ESP) System:
Company Analysis: Report covers individual Electric Submersible Pump (ESP) System manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Electric Submersible Pump (ESP) System This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Wastewater Management, Aquaculture).
Technology Analysis: Report covers specific technologies relevant to Electric Submersible Pump (ESP) System. It assesses the current state, advancements, and potential future developments in Electric Submersible Pump (ESP) System areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Electric Submersible Pump (ESP) System market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Electric Submersible Pump (ESP) System market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Standard Electric Submersible Pump System
High-head Electric Submersible Pump System
High-temperature Electric Submersible Pump System
Others
Market segment by Application
Wastewater Management
Aquaculture
Oil and Gas
Industry
Others
Major players covered
Schlumberger
Baker Hughes
Weatherford Internationa
Halliburton
Borets International
Novomet Group
General Electric
Flowserve
Sulzer
Lishen Pump OF CNPC
National Oilwell Varco
Alkhorayef Petroleum
DOS Canada
Canadian Advanced ESP
Grundfos
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electric Submersible Pump (ESP) System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electric Submersible Pump (ESP) System, with price, sales, revenue and global market share of Electric Submersible Pump (ESP) System from 2018 to 2023.
Chapter 3, the Electric Submersible Pump (ESP) System competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Submersible Pump (ESP) System breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Electric Submersible Pump (ESP) System market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Submersible Pump (ESP) System.
Chapter 14 and 15, to describe Electric Submersible Pump (ESP) System sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope of Electric Submersible Pump (ESP) System
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Electric Submersible Pump (ESP) System Consumption Value by Type: 2018 Versus 2022 Versus 2029
    • 1.3.2 Standard Electric Submersible Pump System
    • 1.3.3 High-head Electric Submersible Pump System
    • 1.3.4 High-temperature Electric Submersible Pump System
    • 1.3.5 Others
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Electric Submersible Pump (ESP) System Consumption Value by Application: 2018 Versus 2022 Versus 2029
    • 1.4.2 Wastewater Management
    • 1.4.3 Aquaculture
    • 1.4.4 Oil and Gas
    • 1.4.5 Industry
    • 1.4.6 Others
  • 1.5 Global Electric Submersible Pump (ESP) System Market Size & Forecast
    • 1.5.1 Global Electric Submersible Pump (ESP) System Consumption Value (2018 & 2022 & 2029)
    • 1.5.2 Global Electric Submersible Pump (ESP) System Sales Quantity (2018-2029)
    • 1.5.3 Global Electric Submersible Pump (ESP) System Average Price (2018-2029)

2 Manufacturers Profiles

  • 2.1 Schlumberger
    • 2.1.1 Schlumberger Details
    • 2.1.2 Schlumberger Major Business
    • 2.1.3 Schlumberger Electric Submersible Pump (ESP) System Product and Services
    • 2.1.4 Schlumberger Electric Submersible Pump (ESP) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.1.5 Schlumberger Recent Developments/Updates
  • 2.2 Baker Hughes
    • 2.2.1 Baker Hughes Details
    • 2.2.2 Baker Hughes Major Business
    • 2.2.3 Baker Hughes Electric Submersible Pump (ESP) System Product and Services
    • 2.2.4 Baker Hughes Electric Submersible Pump (ESP) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.2.5 Baker Hughes Recent Developments/Updates
  • 2.3 Weatherford Internationa
    • 2.3.1 Weatherford Internationa Details
    • 2.3.2 Weatherford Internationa Major Business
    • 2.3.3 Weatherford Internationa Electric Submersible Pump (ESP) System Product and Services
    • 2.3.4 Weatherford Internationa Electric Submersible Pump (ESP) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.3.5 Weatherford Internationa Recent Developments/Updates
  • 2.4 Halliburton
    • 2.4.1 Halliburton Details
    • 2.4.2 Halliburton Major Business
    • 2.4.3 Halliburton Electric Submersible Pump (ESP) System Product and Services
    • 2.4.4 Halliburton Electric Submersible Pump (ESP) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.4.5 Halliburton Recent Developments/Updates
  • 2.5 Borets International
    • 2.5.1 Borets International Details
    • 2.5.2 Borets International Major Business
    • 2.5.3 Borets International Electric Submersible Pump (ESP) System Product and Services
    • 2.5.4 Borets International Electric Submersible Pump (ESP) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.5.5 Borets International Recent Developments/Updates
  • 2.6 Novomet Group
    • 2.6.1 Novomet Group Details
    • 2.6.2 Novomet Group Major Business
    • 2.6.3 Novomet Group Electric Submersible Pump (ESP) System Product and Services
    • 2.6.4 Novomet Group Electric Submersible Pump (ESP) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.6.5 Novomet Group Recent Developments/Updates
  • 2.7 General Electric
    • 2.7.1 General Electric Details
    • 2.7.2 General Electric Major Business
    • 2.7.3 General Electric Electric Submersible Pump (ESP) System Product and Services
    • 2.7.4 General Electric Electric Submersible Pump (ESP) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.7.5 General Electric Recent Developments/Updates
  • 2.8 Flowserve
    • 2.8.1 Flowserve Details
    • 2.8.2 Flowserve Major Business
    • 2.8.3 Flowserve Electric Submersible Pump (ESP) System Product and Services
    • 2.8.4 Flowserve Electric Submersible Pump (ESP) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.8.5 Flowserve Recent Developments/Updates
  • 2.9 Sulzer
    • 2.9.1 Sulzer Details
    • 2.9.2 Sulzer Major Business
    • 2.9.3 Sulzer Electric Submersible Pump (ESP) System Product and Services
    • 2.9.4 Sulzer Electric Submersible Pump (ESP) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.9.5 Sulzer Recent Developments/Updates
  • 2.10 Lishen Pump OF CNPC
    • 2.10.1 Lishen Pump OF CNPC Details
    • 2.10.2 Lishen Pump OF CNPC Major Business
    • 2.10.3 Lishen Pump OF CNPC Electric Submersible Pump (ESP) System Product and Services
    • 2.10.4 Lishen Pump OF CNPC Electric Submersible Pump (ESP) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.10.5 Lishen Pump OF CNPC Recent Developments/Updates
  • 2.11 National Oilwell Varco
    • 2.11.1 National Oilwell Varco Details
    • 2.11.2 National Oilwell Varco Major Business
    • 2.11.3 National Oilwell Varco Electric Submersible Pump (ESP) System Product and Services
    • 2.11.4 National Oilwell Varco Electric Submersible Pump (ESP) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.11.5 National Oilwell Varco Recent Developments/Updates
  • 2.12 Alkhorayef Petroleum
    • 2.12.1 Alkhorayef Petroleum Details
    • 2.12.2 Alkhorayef Petroleum Major Business
    • 2.12.3 Alkhorayef Petroleum Electric Submersible Pump (ESP) System Product and Services
    • 2.12.4 Alkhorayef Petroleum Electric Submersible Pump (ESP) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.12.5 Alkhorayef Petroleum Recent Developments/Updates
  • 2.13 DOS Canada
    • 2.13.1 DOS Canada Details
    • 2.13.2 DOS Canada Major Business
    • 2.13.3 DOS Canada Electric Submersible Pump (ESP) System Product and Services
    • 2.13.4 DOS Canada Electric Submersible Pump (ESP) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.13.5 DOS Canada Recent Developments/Updates
  • 2.14 Canadian Advanced ESP
    • 2.14.1 Canadian Advanced ESP Details
    • 2.14.2 Canadian Advanced ESP Major Business
    • 2.14.3 Canadian Advanced ESP Electric Submersible Pump (ESP) System Product and Services
    • 2.14.4 Canadian Advanced ESP Electric Submersible Pump (ESP) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.14.5 Canadian Advanced ESP Recent Developments/Updates
  • 2.15 Grundfos
    • 2.15.1 Grundfos Details
    • 2.15.2 Grundfos Major Business
    • 2.15.3 Grundfos Electric Submersible Pump (ESP) System Product and Services
    • 2.15.4 Grundfos Electric Submersible Pump (ESP) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.15.5 Grundfos Recent Developments/Updates

3 Competitive Environment: Electric Submersible Pump (ESP) System by Manufacturer

  • 3.1 Global Electric Submersible Pump (ESP) System Sales Quantity by Manufacturer (2018-2023)
  • 3.2 Global Electric Submersible Pump (ESP) System Revenue by Manufacturer (2018-2023)
  • 3.3 Global Electric Submersible Pump (ESP) System Average Price by Manufacturer (2018-2023)
  • 3.4 Market Share Analysis (2022)
    • 3.4.1 Producer Shipments of Electric Submersible Pump (ESP) System by Manufacturer Revenue ($MM) and Market Share (%): 2022
    • 3.4.2 Top 3 Electric Submersible Pump (ESP) System Manufacturer Market Share in 2022
    • 3.4.2 Top 6 Electric Submersible Pump (ESP) System Manufacturer Market Share in 2022
  • 3.5 Electric Submersible Pump (ESP) System Market: Overall Company Footprint Analysis
    • 3.5.1 Electric Submersible Pump (ESP) System Market: Region Footprint
    • 3.5.2 Electric Submersible Pump (ESP) System Market: Company Product Type Footprint
    • 3.5.3 Electric Submersible Pump (ESP) System Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Electric Submersible Pump (ESP) System Market Size by Region
    • 4.1.1 Global Electric Submersible Pump (ESP) System Sales Quantity by Region (2018-2029)
    • 4.1.2 Global Electric Submersible Pump (ESP) System Consumption Value by Region (2018-2029)
    • 4.1.3 Global Electric Submersible Pump (ESP) System Average Price by Region (2018-2029)
  • 4.2 North America Electric Submersible Pump (ESP) System Consumption Value (2018-2029)
  • 4.3 Europe Electric Submersible Pump (ESP) System Consumption Value (2018-2029)
  • 4.4 Asia-Pacific Electric Submersible Pump (ESP) System Consumption Value (2018-2029)
  • 4.5 South America Electric Submersible Pump (ESP) System Consumption Value (2018-2029)
  • 4.6 Middle East and Africa Electric Submersible Pump (ESP) System Consumption Value (2018-2029)

5 Market Segment by Type

  • 5.1 Global Electric Submersible Pump (ESP) System Sales Quantity by Type (2018-2029)
  • 5.2 Global Electric Submersible Pump (ESP) System Consumption Value by Type (2018-2029)
  • 5.3 Global Electric Submersible Pump (ESP) System Average Price by Type (2018-2029)

6 Market Segment by Application

  • 6.1 Global Electric Submersible Pump (ESP) System Sales Quantity by Application (2018-2029)
  • 6.2 Global Electric Submersible Pump (ESP) System Consumption Value by Application (2018-2029)
  • 6.3 Global Electric Submersible Pump (ESP) System Average Price by Application (2018-2029)

7 North America

  • 7.1 North America Electric Submersible Pump (ESP) System Sales Quantity by Type (2018-2029)
  • 7.2 North America Electric Submersible Pump (ESP) System Sales Quantity by Application (2018-2029)
  • 7.3 North America Electric Submersible Pump (ESP) System Market Size by Country
    • 7.3.1 North America Electric Submersible Pump (ESP) System Sales Quantity by Country (2018-2029)
    • 7.3.2 North America Electric Submersible Pump (ESP) System Consumption Value by Country (2018-2029)
    • 7.3.3 United States Market Size and Forecast (2018-2029)
    • 7.3.4 Canada Market Size and Forecast (2018-2029)
    • 7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe

  • 8.1 Europe Electric Submersible Pump (ESP) System Sales Quantity by Type (2018-2029)
  • 8.2 Europe Electric Submersible Pump (ESP) System Sales Quantity by Application (2018-2029)
  • 8.3 Europe Electric Submersible Pump (ESP) System Market Size by Country
    • 8.3.1 Europe Electric Submersible Pump (ESP) System Sales Quantity by Country (2018-2029)
    • 8.3.2 Europe Electric Submersible Pump (ESP) System Consumption Value by Country (2018-2029)
    • 8.3.3 Germany Market Size and Forecast (2018-2029)
    • 8.3.4 France Market Size and Forecast (2018-2029)
    • 8.3.5 United Kingdom Market Size and Forecast (2018-2029)
    • 8.3.6 Russia Market Size and Forecast (2018-2029)
    • 8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific

  • 9.1 Asia-Pacific Electric Submersible Pump (ESP) System Sales Quantity by Type (2018-2029)
  • 9.2 Asia-Pacific Electric Submersible Pump (ESP) System Sales Quantity by Application (2018-2029)
  • 9.3 Asia-Pacific Electric Submersible Pump (ESP) System Market Size by Region
    • 9.3.1 Asia-Pacific Electric Submersible Pump (ESP) System Sales Quantity by Region (2018-2029)
    • 9.3.2 Asia-Pacific Electric Submersible Pump (ESP) System Consumption Value by Region (2018-2029)
    • 9.3.3 China Market Size and Forecast (2018-2029)
    • 9.3.4 Japan Market Size and Forecast (2018-2029)
    • 9.3.5 Korea Market Size and Forecast (2018-2029)
    • 9.3.6 India Market Size and Forecast (2018-2029)
    • 9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
    • 9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America

  • 10.1 South America Electric Submersible Pump (ESP) System Sales Quantity by Type (2018-2029)
  • 10.2 South America Electric Submersible Pump (ESP) System Sales Quantity by Application (2018-2029)
  • 10.3 South America Electric Submersible Pump (ESP) System Market Size by Country
    • 10.3.1 South America Electric Submersible Pump (ESP) System Sales Quantity by Country (2018-2029)
    • 10.3.2 South America Electric Submersible Pump (ESP) System Consumption Value by Country (2018-2029)
    • 10.3.3 Brazil Market Size and Forecast (2018-2029)
    • 10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa

  • 11.1 Middle East & Africa Electric Submersible Pump (ESP) System Sales Quantity by Type (2018-2029)
  • 11.2 Middle East & Africa Electric Submersible Pump (ESP) System Sales Quantity by Application (2018-2029)
  • 11.3 Middle East & Africa Electric Submersible Pump (ESP) System Market Size by Country
    • 11.3.1 Middle East & Africa Electric Submersible Pump (ESP) System Sales Quantity by Country (2018-2029)
    • 11.3.2 Middle East & Africa Electric Submersible Pump (ESP) System Consumption Value by Country (2018-2029)
    • 11.3.3 Turkey Market Size and Forecast (2018-2029)
    • 11.3.4 Egypt Market Size and Forecast (2018-2029)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
    • 11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics

  • 12.1 Electric Submersible Pump (ESP) System Market Drivers
  • 12.2 Electric Submersible Pump (ESP) System Market Restraints
  • 12.3 Electric Submersible Pump (ESP) System Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Electric Submersible Pump (ESP) System and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Electric Submersible Pump (ESP) System
  • 13.3 Electric Submersible Pump (ESP) System Production Process
  • 13.4 Electric Submersible Pump (ESP) System Industrial Chain

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Electric Submersible Pump (ESP) System Typical Distributors
  • 14.3 Electric Submersible Pump (ESP) System Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Electric Submersible Pump (ESP) System. Industry analysis & Market Report on Electric Submersible Pump (ESP) System is a syndicated market report, published as Global Electric Submersible Pump (ESP) System Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Electric Submersible Pump (ESP) System market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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