Global Artificial Lift Systems Market 2017-2021

  • ID: 4319136
  • Report
  • Region: Global
  • 81 pages
  • TechNavio
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FEATURED COMPANIES

  • Baker Hughes
  • Cameron International
  • Flotek Industries
  • Gulf Coast Pump & Supply
  • Lycon
  • PCM
  • MORE
1h Free Analyst Time

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

About Artificial Lift Systems

Artificial lift is a method used to lower the producing bottom-hole pressure on the formation to obtain a higher production rate from wells. This can be done using positive displacement downhole pumps, such as ESP, RLP, and PCP that lower the flowing pressure at the pump intake. The global artificial lift systems market is segmented based on type, namely ESP, RLP, PCP, and other pump systems.

The analysts forecast the global artificial lift systems market to grow at a CAGR of 8.10% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global artificial lift systems market for 2017-2021. To calculate the market size, the report considers the sales and services market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

The report, Global 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 of the Key vendors operating in this market.

Key vendors

  • Baker Hughes
  • Dover Artificial Lift
  • Halliburton
  • Schlumberger
  • Weatherford

Other prominent vendors

  • Borets
  • Compass Oil and Gas Solutions
  • Flotek Industries
  • General Electric
  • Gulf Coast Pump & Supply
  • Cameron International
  • Lycon
  • National Oilwell Varco
  • PCM
  • Tenaris
  • Torqueflow-Sydex

Market drivers

  • Growing demand for oil and natural gas
  • For a full, detailed list, view the full report

Market challenges

  • High maintenance cost
  • For a full, detailed list, view the full report

Market trends

  • Increasing use of automation and remote technology
  • For a full, detailed list, view the full 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.

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FEATURED COMPANIES

  • Baker Hughes
  • Cameron International
  • Flotek Industries
  • Gulf Coast Pump & Supply
  • Lycon
  • PCM
  • MORE
1h Free Analyst Time

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

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: Market segmentation by type
  • Market overview
  • Global electrical submersible pump (ESP) systems market
  • Global rod lift pump (RLP) systems market
  • Global progressive cavity pump (PCP) systems market
  • Global others pump systems market
PART 07: Market segmentation by end-user
  • Market overview
  • Global artificial lift systems market in the onshore oil and gas industry
  • Global artificial lift systems market in the offshore oil and gas industry
PART 08: Geographical segmentation
  • Market overview
  • Artificial lift systems market in the Americas
  • Artificial lift systems market in EMEA
  • Artificial lift systems market in APAC
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Increasing use of automation and remote technology
  • Increasing subsea operations
  • Increasing adaptation to non-conventional energy sources in Europe
PART 12: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 13: Key vendor analysis
  • Baker Hughes
  • Dover Artificial Lift
  • Halliburton
  • Schlumberger
  • Weatherford
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Types of oil recovery
Exhibit 02: Types of artificial lift systems
Exhibit 03: Artificial lift systems based on category
Exhibit 04: Market landscape
Exhibit 05: Market size and forecast of global artificial lift systems market 2016-2021 ($ billions)
Exhibit 06: Five forces analysis
Exhibit 07: Market segmentation based on type 2016 and 2021 (%)
Exhibit 08: Global electrical submersible pump systems market 2016-2021 ($ billions)
Exhibit 09: Global rod lift pump systems market 2016-2021 ($ billions)
Exhibit 10: Global progressive cavity pump systems market 2016-2021 ($ billions)
Exhibit 11: Global others pump systems market 2016-2021 ($ billions)
Exhibit 12: Market segmentation based on end-user 2016 and 2021 (%)
Exhibit 13: Global artificial lift systems market in the onshore oil and gas industry 2016-2021 ($ billions)
Exhibit 14: Global artificial lift systems market in the offshore oil and gas industry 2016-2021 ($ billions)
Exhibit 15: Geographical segmentation 2016 and 2021 (%)
Exhibit 16: Artificial lift systems market in the Americas 2016-2021 ($ billions)
Exhibit 17: Artificial lift systems market in EMEA 2016-2021 ($ billions)
Exhibit 18: Artificial lift systems market in APAC in 2016-2021 ($ billions)
Exhibit 19: Other prominent vendors
Exhibit 20: Baker Hughes: Business segments
Exhibit 21: Baker Hughes: Artificial lift system portfolio
Exhibit 22: Baker Hughes: Key highlights
Exhibit 23: Dover Artificial Lift: Business segments
Exhibit 24: Dover Artificial Lift: Artificial lift system portfolio
Exhibit 25: Dover Artificial Lift: Key highlights
Exhibit 26: Halliburton: Business segments
Exhibit 27: Halliburton: Artificial lift system portfolio
Exhibit 28: Halliburton: Key highlights
Exhibit 29: Schlumberger: Business segments
Exhibit 30: Schlumberger: Artificial lift system portfolio
Exhibit 31: Schlumberger: Key highlights
Exhibit 32: Weatherford: Business segments
Exhibit 33: Weatherford: Artificial lift system portfolio
Exhibit 34: Weatherford: Key highlights
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FEATURED COMPANIES

  • Baker Hughes
  • Cameron International
  • Flotek Industries
  • Gulf Coast Pump & Supply
  • Lycon
  • PCM
  • MORE
1h Free Analyst Time

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

New Report Released: – Global Artificial Lift Systems Market 2017-2021

The author of the report recognizes the following companies as the key players in the global artificial lift systems market: Baker Hughes, Dover Artificial Lift, Halliburton, Schlumberger, and Weatherford.

Other Prominent Vendors in the market are: Borets, Compass Oil and Gas Solutions, Flotek Industries, General Electric, Gulf Coast Pump & Supply, Cameron International, Lycon, National Oilwell Varco, PCM, Tenaris, and Torqueflow-Sydex.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is increasing use of automation and remote technology. Oilfield drilling sites are mostly located in remote and inaccessible areas, wherein communication becomes a key challenge. Increased mobility among the workforce has strengthened communications between companies and remote field locations. With the support of mobile devices, a worker can be effortlessly located if he/she has moved beyond a safe distance from the designated area. Mobile systems help E&P companies in both onshore and offshore fields to alert individual workers with designated alarms. This is vital for the oil and gas industry that has wide-scale installations covering large areas, wherein the sensors will send signals if there is a movement away from the desired operation site.”

According to the report, one of the major drivers for this market is growing demand for oil and natural gas. The growing energy demand, where the need for oil and natural gas is on the rise from the developing countries, is due to industrial and household activities. The increase in demand for oil and natural gas is also heavily driven by transportation needs and increase in global population. Most of the developing countries such as India, China, Mexico, and Brazil are heavily dependent on oil and gas resources, in turn providing ample opportunities for companies who manufacture and deliver artificial lift systems.

Further, the report states that one of the major factors hindering the growth of this market is high maintenance cost. Artificial lift systems in onshore and offshore oil and gas fields are prone to face high pressure conditions and may have low vibration. However, when these systems do face high pressure conditions, it causes a delay in operations as artificial lift systems face challenges in attaining the required productivity. Consistent and frequent monitoring of hardware products is highly essential as it involves 24/7 operations, where high productivity is the target for oil and gas companies that install, maintain, and monitor artificial lift systems. Sensors are highly inbuilt in artificial lift systems as well as in pumps and control systems for monitoring and detecting early signs of defects or failure.

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.
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  • Baker Hughes
  • Borets
  • Cameron International
  • Compass Oil and Gas Solutions
  • Dover Artificial Lift
  • Flotek Industries
  • General Electric
  • Gulf Coast Pump & Supply
  • Halliburton
  • Lycon
  • National Oilwell Varco
  • PCM
  • Schlumberger
  • Tenaris
  • Torqueflow-Sydex
  • Weatherford
Note: Product cover images may vary from those shown
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