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Onshore Artificial Lift Systems Global Market Report 2024

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    Report

  • 175 Pages
  • May 2024
  • Region: Global
  • The Business Research Company
  • ID: 5972773
The onshore artificial lift systems market size has grown strongly in recent years. It will grow from $9.87 billion in 2023 to $10.66 billion in 2024 at a compound annual growth rate (CAGR) of 8%. The expansion observed in the historical period can be attributed to several factors. These include the increasing demand for crude oil and natural gas, the presence of aging oil fields experiencing declining natural pressure, growing government initiatives and regulations supporting domestic oil and gas production, and a heightened focus on maximizing oil recovery from mature fields.

The onshore artificial lift systems market size is expected to see strong growth in the next few years. It will grow to $14.62 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The anticipated growth in the forecast period can be attributed to several key factors. These include the increasing complexity of reservoirs and well conditions, a growing adoption of digitalization and automation within the oil and gas industry, the expansion of unconventional oil and gas production methods, rising environmental concerns, and regulatory pressures. Major trends expected in the forecast period include the integration of smart monitoring solutions to enhance operational efficiency, the implementation of digital twin technology for predictive maintenance and optimization, a shift towards electrification of onshore artificial lift systems for reduced emissions and improved efficiency, the adoption of remote monitoring and control systems for enhanced safety and productivity, and the integration of onshore artificial lift systems with renewable energy sources to promote sustainability.

The onshore artificial lift systems market is poised for growth as a result of the anticipated increase in oil and gas production. This production surge, driven by escalating global energy demands, expanding industrialization, and the discovery of fresh reserves, underscores the critical role of onshore artificial lift systems. These systems play a pivotal role in enhancing production rates and maintaining optimal pressure levels within wells, thus facilitating efficient hydrocarbon extraction from reservoirs. By offsetting natural declines and bolstering recovery rates, onshore artificial lift systems ensure sustained operational effectiveness. Notably, in March 2024, crude oil production in the United States surged to 13,295 barrels per day, marking a 6.68% rise from December 2022 figures. Similarly, natural gas production increased to 128.97 billion cubic feet per day during the same period, highlighting the significant momentum in the sector. Hence, the onshore artificial lift systems market is expected to experience expansion due to the projected rise in oil and gas production.

Key players in the onshore artificial lift systems arena are strategically investing in advanced technologies to gain a competitive edge. Among these innovations, jet pump technology stands out for its ability to enhance fluid lifting capacities and optimize production rates while minimizing downtime. A prime example of this technological advancement is showcased by Wanner International Ltd., a UK-based industrial equipment supplier, which introduced its Hydra-Cell jet pump hydraulic artificial lift solution in February 2021. This groundbreaking solution aims to substantially reduce the cost of fluid lifting in oil and gas production operations, delivering substantial savings over the well's lifecycle. Notably, the technology boasts a seal-free, no-packaging system suitable for mainstream oil and gas production, obviating the need for workover rigs or slick line units for servicing or production optimization.

In July 2022, Baker Hughes Company, a prominent US-based oilfield services provider, bolstered its artificial lift solutions portfolio through the acquisition of AccessESP Holdings Limited. This strategic move aims to fortify Baker Hughes' position in the market by integrating cutting-edge technologies aimed at lowering intervention costs, minimizing downtime, and enhancing operational efficiency for oil and gas operators. AccessESP Holdings Limited, a US-based oil and energy firm specializing in technology and services for oil and gas recovery, brings a wealth of expertise in onshore artificial lift systems to augment Baker Hughes' offerings.

Major companies operating in the onshore artificial lift systems market are General Electric Company, Schlumberger NV, Halliburton Oil Well Cementing Co., Atlas Copco Energas GmbH, Tenaris S.A, Dover Corporation, National Oilwell Varco Inc., Weatherford International plc, Aker Solutions ASA, Alkhorayef Petroleum, Lufkin Industries LLC, Flotek Industries Inc., Haimo Technologies Group Corp., SPOC Automation, Lift Solutions Inc., 3P Services GmbH And Co. KG, Rimera Group, Linc Energy Systems, World Oil Tools Inc., Torqueflow Sydex Ltd., PetroLift Systems Inc., Oil Dynamics GmbH, Upwing Energy Inc., Elkam.

North America was the largest region in the onshore artificial lift systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the onshore artificial lift systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the onshore artificial lift systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Onshore artificial lift systems are utilized in oil and gas production to optimize the flow of hydrocarbons from wells to the surface, thereby overcoming natural pressure declines in reservoirs and ensuring efficient extraction. These systems are instrumental in maintaining production rates and prolonging the economic viability of onshore wells.

The primary technologies employed in onshore artificial lift systems include rod lifts, electrical submersible pumps, progressive cavity pumps, gas lifts, hydraulic pumps, and other related methods. Rod lift, for instance, utilizes a series of connected rods to mechanically raise fluid from a wellbore to the surface. These lifts utilize various mechanisms, such as pump-assisted and gas-assisted techniques, and find extensive use in both oil and gas applications.

The onshore artificial lift systems market research report is one of a series of new reports that provides onshore artificial lift systems market statistics, including onshore artificial lift systems industry global market size, regional shares, competitors with a onshore artificial lift systems market share, detailed onshore artificial lift systems market segments, market trends and opportunities, and any further data you may need to thrive in the onshore artificial lift systems industry. This onshore artificial lift systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The onshore artificial lift systems market consists of sales of plunger lift systems, sucker rods, hydraulic jet pumps, downhole pumps, gas separators, and plunger lift controllers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Onshore Artificial Lift Systems Market Characteristics3. Onshore Artificial Lift Systems Market Trends and Strategies
4. Onshore Artificial Lift Systems Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Onshore Artificial Lift Systems Market Size and Growth
5.1. Global Onshore Artificial Lift Systems Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Onshore Artificial Lift Systems Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Onshore Artificial Lift Systems Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Onshore Artificial Lift Systems Market Segmentation
6.1. Global Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Rod Lift
  • Electrical Submersible Pump
  • Progressive Cavity Pump
  • Gas Lift
  • Hydraulic Pumps
  • Other Technologies
6.2. Global Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Pump Assisted
  • Gas Assisted
6.3. Global Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Oil
  • Gas
7. Onshore Artificial Lift Systems Market Regional and Country Analysis
7.1. Global Onshore Artificial Lift Systems Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Onshore Artificial Lift Systems Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Onshore Artificial Lift Systems Market
8.1. Asia-Pacific Onshore Artificial Lift Systems Market Overview
(Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
8.2. Asia-Pacific Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Onshore Artificial Lift Systems Market
9.1. China Onshore Artificial Lift Systems Market Overview
9.2. China Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Onshore Artificial Lift Systems Market
10.1. India Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Onshore Artificial Lift Systems Market
11.1. Japan Onshore Artificial Lift Systems Market Overview
11.2. Japan Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Onshore Artificial Lift Systems Market
12.1. Australia Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Onshore Artificial Lift Systems Market
13.1. Indonesia Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Onshore Artificial Lift Systems Market
14.1. South Korea Onshore Artificial Lift Systems Market Overview
14.2. South Korea Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Onshore Artificial Lift Systems Market
15.1. Western Europe Onshore Artificial Lift Systems Market Overview
15.2. Western Europe Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Onshore Artificial Lift Systems Market
16.1. UK Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Onshore Artificial Lift Systems Market
17.1. Germany Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Onshore Artificial Lift Systems Market
18.1. France Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Onshore Artificial Lift Systems Market
19.1. Italy Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Onshore Artificial Lift Systems Market
20.1. Spain Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Onshore Artificial Lift Systems Market
21.1. Eastern Europe Onshore Artificial Lift Systems Market Overview
21.2. Eastern Europe Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Onshore Artificial Lift Systems Market
22.1. Russia Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Onshore Artificial Lift Systems Market
23.1. North America Onshore Artificial Lift Systems Market Overview
23.2. North America Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Onshore Artificial Lift Systems Market
24.1. USA Onshore Artificial Lift Systems Market Overview
24.2. USA Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Onshore Artificial Lift Systems Market
25.1. Canada Onshore Artificial Lift Systems Market Overview
25.2. Canada Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Onshore Artificial Lift Systems Market
26.1. South America Onshore Artificial Lift Systems Market Overview
26.2. South America Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Onshore Artificial Lift Systems Market
27.1. Brazil Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Onshore Artificial Lift Systems Market
28.1. Middle East Onshore Artificial Lift Systems Market Overview
28.2. Middle East Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Onshore Artificial Lift Systems Market
29.1. Africa Onshore Artificial Lift Systems Market Overview
29.2. Africa Onshore Artificial Lift Systems Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Onshore Artificial Lift Systems Market, Segmentation by Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Onshore Artificial Lift Systems Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Onshore Artificial Lift Systems Market Competitive Landscape and Company Profiles
30.1. Onshore Artificial Lift Systems Market Competitive Landscape
30.2. Onshore Artificial Lift Systems Market Company Profiles
30.2.1. General Electric Company
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Schlumberger NV
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Halliburton Oil Well Cementing Co.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Atlas Copco Energas GmbH
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Tenaris S.A
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Onshore Artificial Lift Systems Market Other Major and Innovative Companies
31.1. Dover Corporation
31.2. National Oilwell Varco Inc.
31.3. Weatherford International plc
31.4. Aker Solutions ASA
31.5. Alkhorayef Petroleum
31.6. Lufkin Industries LLC
31.7. Flotek Industries Inc.
31.8. Haimo Technologies Group Corp.
31.9. SPOC Automation
31.10. Lift Solutions Inc.
31.11. 3P Services GmbH and Co. KG
31.12. Rimera Group
31.13. Linc Energy Systems
31.14. World Oil Tools Inc.
31.15. Torqueflow Sydex Ltd.
32. Global Onshore Artificial Lift Systems Market Competitive Benchmarking33. Global Onshore Artificial Lift Systems Market Competitive Dashboard34. Key Mergers and Acquisitions in the Onshore Artificial Lift Systems Market
35. Onshore Artificial Lift Systems Market Future Outlook and Potential Analysis
35.1 Onshore Artificial Lift Systems Market in 2028 - Countries Offering Most New Opportunities
35.2 Onshore Artificial Lift Systems Market in 2028 - Segments Offering Most New Opportunities
35.3 Onshore Artificial Lift Systems Market in 2028 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Onshore Artificial Lift Systems Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on onshore artificial lift systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for onshore artificial lift systems ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The onshore artificial lift systems market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Technology: Rod Lift; Electrical Submersible Pump; Progressive Cavity Pump; Gas Lift; Hydraulic Pumps; Other Technologies.
2) By Mechanism: Pump Assisted; Gas Assisted
3) By Application: Oil; Gas

Key Companies Mentioned: General Electric Company; Schlumberger NV; Halliburton Oil Well Cementing Co.; Atlas Copco Energas GmbH; Tenaris S.A

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • General Electric Company
  • Schlumberger NV
  • Halliburton Oil Well Cementing Co.
  • Atlas Copco Energas GmbH
  • Tenaris S.A
  • Dover Corporation
  • National Oilwell Varco Inc.
  • Weatherford International plc
  • Aker Solutions ASA
  • Alkhorayef Petroleum
  • Lufkin Industries LLC
  • Flotek Industries Inc.
  • Haimo Technologies Group Corp.
  • SPOC Automation
  • Lift Solutions Inc.
  • 3P Services GmbH And Co. KG
  • Rimera Group
  • Linc Energy Systems
  • World Oil Tools Inc.
  • Torqueflow Sydex Ltd.
  • PetroLift Systems Inc.
  • Oil Dynamics GmbH
  • Upwing Energy Inc.
  • Elkam

Methodology

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Table Information