Global Subsea Artificial Lift Systems Market 2017-2021

  • ID: 4312731
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 6

FEATURED COMPANIES

  • Baker Hughes
  • Dover Artificial Lift
  • Flotek Industries
  • Halliburton
  • Lycon
  • National Oilwell Varco
  • MORE
Artificial lift systems are used during the production activities in oil and gas wells. They are used in mature fields as well as in new fields to increase the production rate of petroleum. Because the pressure in oil and gas well drops with production, artificial lift methods, which reduce the bottom-hole pressure on the formation and increase the production rate of the wells, are employed.

The report forecasts that the global subsea artificial lift systems market to grow at a CAGR of 2.20% during the period 2017-2021.

Covered in this report:

The report covers the present scenario and the growth prospects of the global subsea artificial lift systems market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
This report, Global Subsea Artificial Lift Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion operating in this market.

Key vendors:
  • Baker Hughes
  • General Electric
  • Halliburton
  • National Oilwell Varco
  • Schlumberger
  • Weatherford
Other prominent vendors:
  • Borets
  • Dover Artificial Lift
  • Epic Lift Systems
  • Flotek Industries
  • JJ Tech
  • Lycon
  • Multi-Chase Group
  • NOVOMET
  • Superior Energy Services
  • Tenaris
  • United Drilling Tools
Market drivers:
  • Need to increase efficiency of existing wells
  • For a full, detailed list, view this report
Market challenges:
  • Flow assurance difficulties associated with subsea artificial lift systems
  • For a full, detailed list, view this report
Market trends:
  • Integration of Big Data Analytics with upstream operations
  • For a full, detailed list, view this report
Key questions answered in this report:
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 6

FEATURED COMPANIES

  • Baker Hughes
  • Dover Artificial Lift
  • Flotek Industries
  • Halliburton
  • Lycon
  • National Oilwell Varco
  • MORE
Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction
  • Market outline
Part 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
Part 06: Geographical segmentation
  • Global subsea artificial lift systems market by geography
  • Subsea artificial lift systems market in Americas
  • Subsea artificial lift systems market in EMEA
  • Subsea artificial lift systems market in APAC
Part 07: Market segmentation by product type
  • Global subsea artificial lift systems market by product type
  • Global pump-assisted subsea artificial lift systems market
  • Global gas-assisted subsea artificial lift systems market
Part 08: Decision framework

Part 09: Drivers and challenges
  • Market drivers
  • Market challenges
Part 10: Market trends
  • Integration of Big Data Analytics with upstream operations
  • Introduction of 4D seismic survey technology
  • Emergence of microgrid technology
Part 11: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
Part 12: Key vendor analysis
  • Baker Hughes
  • General Electric
  • Halliburton
  • National Oilwell Varco
  • Schlumberger
  • Weatherford
Part 13: Appendix

List of abbreviations

List of Exhibits
Exhibit 01: Oil well lifecycle
Exhibit 02: Global subsea artificial lift systems market segmentation: An overview
Exhibit 03: Global subsea artificial lift systems market 2016-2021 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global subsea artificial lift systems market by geography 2016 and 2021 (%)
Exhibit 06: Global subsea artificial lift systems market by geography 2016-2021 ($ billions)
Exhibit 07: Subsea artificial lift systems market in Americas 2016-2021 ($ billions)
Exhibit 08: Global rig count 2014-2016
Exhibit 09: Subsea artificial lift systems market in EMEA 2016-2021 ($ billions)
Exhibit 10: Subsea artificial lift systems market in APAC 2016-2021 ($ billions)
Exhibit 11: Global subsea artificial lift systems market by product 2016 and 2021 (%)
Exhibit 12: Global subsea artificial lift systems market by product 2016-2021 ($ billions)
Exhibit 13: Global pump-assisted subsea artificial lift systems market 2016-2021 ($ billions)
Exhibit 14: Global gas-assisted subsea artificial lift systems market 2016-2021 ($ billions)
Exhibit 15: Global liquid fuels consumption 2007-2018 (mbpd)
Exhibit 16: Global rig count 2014-2016
Exhibit 17: Evolution of seismic survey techniques
Exhibit 18: Other prominent vendors (Indicative list)
Exhibit 19: Baker Hughes: Key products/services
Exhibit 20: General Electric: Key products/services
Exhibit 21: Halliburton: Key products/services
Exhibit 22: National Oilwell Varco: Key products/services
Exhibit 23: Schlumberger: Key products/services
Exhibit 24: Weatherford: Key products/services
Note: Product cover images may vary from those shown
3 of 6

Loading
LOADING...

4 of 6

FEATURED COMPANIES

  • Baker Hughes
  • Dover Artificial Lift
  • Flotek Industries
  • Halliburton
  • Lycon
  • National Oilwell Varco
  • MORE
New Research Report - Global Subsea Artificial Lift Systems Market 2017-2021

Other Prominent Vendors in the market are: Borets, Dover Artificial Lift, Epic Lift Systems, Flotek Industries, JJ Tech, Lycon, Multi-Chase Group, NOVOMET, Superior Energy Services, Tenaris, and United Drilling Tools.

Commenting on the report, an analyst from the research team said: “One trend in the market is integration of Big Data Analytics with upstream operations. With the declining profit margins owing to the increased production costs and low oil prices, the industry is focusing on managing operational costs to maintain incremental profit margins and cash flow.”

According to the report, one driver in the market is need of increasing efficiency of existing wells. The plunge in global crude oil prices had a significant negative impact on the upstream oil and gas sector. The drilling market was severely affected and saw high rates of employee layoffs and reduced revenues in major oil and gas companies. The crude oil price slump caused a huge decline in the profits of the upstream E&P and service provider companies.

Further, the report states that one challenge in the market is flow assurance difficulties associated with subsea artificial lift systems. There are many challenges for subsea artificial lift systems, such as flow assurance problems, which include scaling, slug flow, emulsions, and asphaltenes. Asphaltenes are undesired compounds found in crude oil. During gas lift operations, asphaltenes may get precipitated near the wellbore, leading to the plugging of tubing and gas lift equipment.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 6
  • Baker Hughes
  • General Electric
  • Halliburton
  • National Oilwell Varco
  • Schlumberger
  • Weatherford
  • Borets
  • Dover Artificial Lift
  • Epic Lift Systems
  • Flotek Industries
  • JJ Tech
  • Lycon
  • Multi-Chase Group
  • NOVOMET
  • Superior Energy Services
  • Tenaris
  • United Drilling Tools
Note: Product cover images may vary from those shown
6 of 6
Note: Product cover images may vary from those shown
Adroll
adroll