+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Electric Submersible Pumps - Market Analysis, Trends, and Forecasts

  • ID: 4804334
  • Report
  • February 2020
  • Region: Global
  • 148 pages
  • Global Industry Analysts, Inc
1 of 3

FEATURED COMPANIES

  • Borets Company Llc
  • Falcon Pumps Pvt.Ltd.
  • General Electric Company
  • Halliburton
  • Novomet-Perm Jsc
  • Schlumberger
  • MORE
Electric Submersible Pumps market worldwide is projected to grow by US$5.4 Billion, driven by a compounded growth of 5%. Onshore, one of the segments analyzed and sized in this study, displays the potential to grow at over 4.5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$13 Billion by the year 2025, Onshore will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 3.9% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$187.8 Million to the region's size and clout in the next 5 to 6 years. Over US$157.1 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Onshore will reach a market size of US$741.6 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 7.9% over the next couple of years and add approximately US$1.6 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others,
  • Borets Company LLC
  • Falcon Pumps Pvt.Ltd.
  • General Electric Company
  • Grundfos Pumps Corporation
  • Halliburton
  • Novomet-Perm JSC
  • Schlumberger Ltd.
  • Torqueflow Sydex Ltd.
  • Walrus America Inc.
  • Weatherford International Ltd.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • Borets Company Llc
  • Falcon Pumps Pvt.Ltd.
  • General Electric Company
  • Halliburton
  • Novomet-Perm Jsc
  • Schlumberger
  • MORE

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares

Electric Submersible Pumps Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

Market Overview

Product Overview

Major Regional Markets

Permanent Magnet Motor (PMM) ESP System

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Rise in Integration of AI and Cloud Technology Platforms

Companies Seek ESP Systems Upgrades

Shale Companies Look out for Alternate Technologies

Focus on Innovations on Rise to Address Immediate Challenges

Increase in Mining Activities Drives Growth Prospects

New Deepwater and Ultra-Deep Water Development Projects is Driving the Electric Submersible Pumps Market

Companies Extend Predictive Failure Analytics to ESPs

ESP in High Free Gas Applications

Oil and Gas Industry Dynamics Drive Demand for Electric Submersible Pump Market.

Annual Growth Estimates and Forecasts for Global Demand for Oil: 2017-2023

Capital Spending in the Global Oil & Gas Upstream Sector: 2017-2023

Increasing Depth of Oil Wells is also Projected to Drive the Market in Near Future.

Energy Service Providers Seek Acquisition of Electric Submersible Pump Companies

Recent Industry Activity

XPV Water Partners Invests in Holland Pump Company.

Weatherford International Partners with Valiant Artificial Lift Solutions to Commercialize ESPs.

May River Acquires Stancor from Knox Capital Holdings.

Franklin Electric Acquires Industrias Rotor Pump S.A.

Kirloskar Brothers Launches 'KOSi’ Pumps

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: Electric Submersible Pumps Global Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025

TABLE 2: Electric Submersible Pumps Global Retrospective Market Scenario in US$ Million by Region/Country: 2009-2017

TABLE 3: Electric Submersible Pumps Market Share Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025

TABLE 4: Onshore (End-Use) Global Opportunity Assessment in US$ Million by Region/Country: 2018-2025

TABLE 5: Onshore (End-Use) Historic Sales Analysis in US$ Million by Region/Country: 2009-2017

TABLE 6: Onshore (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2009 VS 2019 VS 2025

TABLE 7: Offshore (End-Use) Worldwide Sales in US$ Million by Region/Country: 2018-2025

TABLE 8: Offshore (End-Use) Historic Demand Patterns in US$ Million by Region/Country: 2009-2017

TABLE 9: Offshore (End-Use) Market Share Shift across Key Geographies: 2009 VS 2019 VS 2025

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Electric Submersible Pumps Market Share (in %) by Company: 2019 & 2025

Market Analytics

TABLE 10: United States Electric Submersible Pumps Latent Demand Forecasts in US$ Million by End-Use: 2018 to 2025

TABLE 11: Electric Submersible Pumps Historic Demand Patterns in the United States by End-Use in US$ Million for 2009-2017

TABLE 12: Electric Submersible Pumps Market Share Breakdown in the United States by End-Use: 2009 VS 2019 VS 2025

CANADA

TABLE 13: Canadian Electric Submersible Pumps Market Quantitative Demand Analysis in US$ Million by End-Use: 2018 to 2025

TABLE 14: Electric Submersible Pumps Market in Canada: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2009-2017

TABLE 15: Canadian Electric Submersible Pumps Market Share Analysis by End-Use: 2009 VS 2019 VS 2025

JAPAN

TABLE 16: Japanese Demand Estimates and Forecasts for Electric Submersible Pumps in US$ Million by End-Use: 2018 to 2025

TABLE 17: Japanese Electric Submersible Pumps Market in US$ Million by End-Use: 2009-2017

TABLE 18: Electric Submersible Pumps Market Share Shift in Japan by End-Use: 2009 VS 2019 VS 2025

CHINA

TABLE 19: Chinese Demand for Electric Submersible Pumps in US$ Million by End-Use: 2018 to 2025

TABLE 20: Electric Submersible Pumps Market Review in China in US$ Million by End-Use: 2009-2017

TABLE 21: Chinese Electric Submersible Pumps Market Share Breakdown by End-Use: 2009 VS 2019 VS 2025

EUROPE

Market Facts & Figures

European Electric Submersible Pumps Market: Competitor Market Share Scenario (in %) for 2019 & 2025

Market Analytics

TABLE 22: European Electric Submersible Pumps Market Demand Scenario in US$ Million by Region/Country: 2018-2025

TABLE 23: Electric Submersible Pumps Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2009-2017

TABLE 24: European Electric Submersible Pumps Market Share Shift by Region/Country: 2009 VS 2019 VS 2025

TABLE 25: European Electric Submersible Pumps Addressable Market Opportunity in US$ Million by End-Use: 2018-2025

TABLE 26: Electric Submersible Pumps Market in Europe: Summarization of Historic Demand in US$ Million by End-Use for the Period 2009-2017

TABLE 27: European Electric Submersible Pumps Market Share Analysis by End-Use: 2009 VS 2019 VS 2025

FRANCE

TABLE 28: Electric Submersible Pumps Quantitative Demand Analysis in France in US$ Million by End-Use: 2018-2025

TABLE 29: French Electric Submersible Pumps Historic Market Review in US$ Million by End-Use: 2009-2017

TABLE 30: French Electric Submersible Pumps Market Share Analysis: A 17-Year Perspective by End-Use for 2009, 2019, and 2025

GERMANY

TABLE 31: Electric Submersible Pumps Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2018-2025

TABLE 32: German Electric Submersible Pumps Market in Retrospect in US$ Million by End-Use: 2009-2017

TABLE 33: Electric Submersible Pumps Market Share Distribution in Germany by End-Use: 2009 VS 2019 VS 2025

ITALY

TABLE 34: Italian Demand for Electric Submersible Pumps in US$ Million by End-Use: 2018 to 2025

TABLE 35: Electric Submersible Pumps Market Review in Italy in US$ Million by End-Use: 2009-2017

TABLE 36: Italian Electric Submersible Pumps Market Share Breakdown by End-Use: 2009 VS 2019 VS 2025

UNITED KINGDOM

TABLE 37: United Kingdom Demand Estimates and Forecasts for Electric Submersible Pumps in US$ Million by End-Use: 2018 to 2025

TABLE 38: United Kingdom Electric Submersible Pumps Market in US$ Million by End-Use: 2009-2017

TABLE 39: Electric Submersible Pumps Market Share Shift in the United Kingdom by End-Use: 2009 VS 2019 VS 2025

SPAIN

TABLE 40: Spanish Electric Submersible Pumps Market Quantitative Demand Analysis in US$ Million by End-Use: 2018 to 2025

TABLE 41: Electric Submersible Pumps Market in Spain: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2009-2017

TABLE 42: Spanish Electric Submersible Pumps Market Share Analysis by End-Use: 2009 VS 2019 VS 2025

RUSSIA

TABLE 43: Russian Electric Submersible Pumps Latent Demand Forecasts in US$ Million by End-Use: 2018 to 2025

TABLE 44: Electric Submersible Pumps Historic Demand Patterns in Russia by End-Use in US$ Million for 2009-2017

TABLE 45: Electric Submersible Pumps Market Share Breakdown in Russia by End-Use: 2009 VS 2019 VS 2025

REST OF EUROPE

TABLE 46: Rest of Europe Electric Submersible Pumps Addressable Market Opportunity in US$ Million by End-Use: 2018-2025

TABLE 47: Electric Submersible Pumps Market in Rest of Europe: Summarization of Historic Demand in US$ Million by End-Use for the Period 2009-2017

TABLE 48: Rest of Europe Electric Submersible Pumps Market Share Analysis by End-Use: 2009 VS 2019 VS 2025

ASIA-PACIFIC

TABLE 49: Asia-Pacific Electric Submersible Pumps Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025

TABLE 50: Electric Submersible Pumps Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2009-2017

TABLE 51: Asia-Pacific Electric Submersible Pumps Market Share Analysis by Region/Country: 2009 VS 2019 VS 2025

TABLE 52: Electric Submersible Pumps Quantitative Demand Analysis in Asia-Pacific in US$ Million by End-Use: 2018-2025

TABLE 53: Asia-Pacific Electric Submersible Pumps Historic Market Review in US$ Million by End-Use: 2009-2017

TABLE 54: Asia-Pacific Electric Submersible Pumps Market Share Analysis: A 17-Year Perspective by End-Use for 2009, 2019, and 2025

AUSTRALIA

TABLE 55: Electric Submersible Pumps Market in Australia: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2018-2025

TABLE 56: Australian Electric Submersible Pumps Market in Retrospect in US$ Million by End-Use: 2009-2017

TABLE 57: Electric Submersible Pumps Market Share Distribution in Australia by End-Use: 2009 VS 2019 VS 2025

INDIA

TABLE 58: Indian Electric Submersible Pumps Market Quantitative Demand Analysis in US$ Million by End-Use: 2018 to 2025

TABLE 59: Electric Submersible Pumps Market in India: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2009-2017

TABLE 60: Indian Electric Submersible Pumps Market Share Analysis by End-Use: 2009 VS 2019 VS 2025

SOUTH KOREA

TABLE 61: Electric Submersible Pumps Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by End-Use for the Period 2018-2025

TABLE 62: South Korean Electric Submersible Pumps Historic Market Analysis in US$ Million by End-Use: 2009-2017

TABLE 63: Electric Submersible Pumps Market Share Distribution in South Korea by End-Use: 2009 VS 2019 VS 2025

REST OF ASIA-PACIFIC

TABLE 64: Rest of Asia-Pacific Demand Estimates and Forecasts for Electric Submersible Pumps in US$ Million by End-Use: 2018 to 2025

TABLE 65: Rest of Asia-Pacific Electric Submersible Pumps Market in US$ Million by End-Use: 2009-2017

TABLE 66: Electric Submersible Pumps Market Share Shift in Rest of Asia-Pacific by End-Use: 2009 VS 2019 VS 2025

LATIN AMERICA

TABLE 67: Latin American Electric Submersible Pumps Market Trends by Region/Country in US$ Million: 2018-2025

TABLE 68: Electric Submersible Pumps Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2009-2017

TABLE 69: Latin American Electric Submersible Pumps Market Percentage Breakdown of Sales by Region/Country: 2009, 2019, and 2025

TABLE 70: Latin American Demand for Electric Submersible Pumps in US$ Million by End-Use: 2018 to 2025

TABLE 71: Electric Submersible Pumps Market Review in Latin America in US$ Million by End-Use: 2009-2017

TABLE 72: Latin American Electric Submersible Pumps Market Share Breakdown by End-Use: 2009 VS 2019 VS 2025

ARGENTINA

TABLE 73: Argentinean Electric Submersible Pumps Addressable Market Opportunity in US$ Million by End-Use: 2018-2025

TABLE 74: Electric Submersible Pumps Market in Argentina: Summarization of Historic Demand in US$ Million by End-Use for the Period 2009-2017

TABLE 75: Argentinean Electric Submersible Pumps Market Share Analysis by End-Use: 2009 VS 2019 VS 2025

BRAZIL

TABLE 76: Electric Submersible Pumps Quantitative Demand Analysis in Brazil in US$ Million by End-Use: 2018-2025

TABLE 77: Brazilian Electric Submersible Pumps Historic Market Review in US$ Million by End-Use: 2009-2017

TABLE 78: Brazilian Electric Submersible Pumps Market Share Analysis: A 17-Year Perspective by End-Use for 2009, 2019, and 2025

MEXICO

TABLE 79: Electric Submersible Pumps Market in Mexico: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2018-2025

TABLE 80: Mexican Electric Submersible Pumps Market in Retrospect in US$ Million by End-Use: 2009-2017

TABLE 81: Electric Submersible Pumps Market Share Distribution in Mexico by End-Use: 2009 VS 2019 VS 2025

REST OF LATIN AMERICA

TABLE 82: Rest of Latin America Electric Submersible Pumps Latent Demand Forecasts in US$ Million by End-Use: 2018 to 2025

TABLE 83: Electric Submersible Pumps Historic Demand Patterns in Rest of Latin America by End-Use in US$ Million for 2009-2017

TABLE 84: Electric Submersible Pumps Market Share Breakdown in Rest of Latin America by End-Use: 2009 VS 2019 VS 2025

MIDDLE EAST

TABLE 85: The Middle East Electric Submersible Pumps Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025

TABLE 86: Electric Submersible Pumps Market in the Middle East by Region/Country in US$ Million: 2009-2017

TABLE 87: The Middle East Electric Submersible Pumps Market Share Breakdown by Region/Country: 2009, 2019, and 2025

TABLE 88: The Middle East Electric Submersible Pumps Market Quantitative Demand Analysis in US$ Million by End-Use: 2018 to 2025

TABLE 89: Electric Submersible Pumps Market in the Middle East: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2009-2017

TABLE 90: The Middle East Electric Submersible Pumps Market Share Analysis by End-Use: 2009 VS 2019 VS 2025

IRAN

TABLE 91: Iranian Demand Estimates and Forecasts for Electric Submersible Pumps in US$ Million by End-Use: 2018 to 2025

TABLE 92: Iranian Electric Submersible Pumps Market in US$ Million by End-Use: 2009-2017

TABLE 93: Electric Submersible Pumps Market Share Shift in Iran by End-Use: 2009 VS 2019 VS 2025

ISRAEL

TABLE 94: Israeli Electric Submersible Pumps Addressable Market Opportunity in US$ Million by End-Use: 2018-2025

TABLE 95: Electric Submersible Pumps Market in Israel: Summarization of Historic Demand in US$ Million by End-Use for the Period 2009-2017

TABLE 96: Israeli Electric Submersible Pumps Market Share Analysis by End-Use: 2009 VS 2019 VS 2025

SAUDI ARABIA

TABLE 97: Saudi Arabian Demand for Electric Submersible Pumps in US$ Million by End-Use: 2018 to 2025

TABLE 98: Electric Submersible Pumps Market Review in Saudi Arabia in US$ Million by End-Use: 2009-2017

TABLE 99: Saudi Arabian Electric Submersible Pumps Market Share Breakdown by End-Use: 2009 VS 2019 VS 2025

UNITED ARAB EMIRATES

TABLE 100: Electric Submersible Pumps Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by End-Use for the Period 2018-2025

TABLE 101: United Arab Emirates Electric Submersible Pumps Historic Market Analysis in US$ Million by End-Use: 2009-2017

TABLE 102: Electric Submersible Pumps Market Share Distribution in United Arab Emirates by End-Use: 2009 VS 2019 VS 2025

REST OF MIDDLE EAST

TABLE 103: Electric Submersible Pumps Market in Rest of Middle East: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2018-2025

TABLE 104: Rest of Middle East Electric Submersible Pumps Market in Retrospect in US$ Million by End-Use: 2009-2017

TABLE 105: Electric Submersible Pumps Market Share Distribution in Rest of Middle East by End-Use: 2009 VS 2019 VS 2025

AFRICA

TABLE 106: African Electric Submersible Pumps Latent Demand Forecasts in US$ Million by End-Use: 2018 to 2025

TABLE 107: Electric Submersible Pumps Historic Demand Patterns in Africa by End-Use in US$ Million for 2009-2017

TABLE 108: Electric Submersible Pumps Market Share Breakdown in Africa by End-Use: 2009 VS 2019 VS 2025

IV. COMPETITION

BORETS COMPANY LLC

FALCON PUMPS PVT.LTD.

GENERAL ELECTRIC COMPANY

GRUNDFOS PUMPS CORPORATION

HALLIBURTON

NOVOMET-PERM JSC

SCHLUMBERGER

TORQUEFLOW SYDEX

WALRUS AMERICA

WEATHERFORD INTERNATIONAL

V. CURATED RESEARCH

Note: Product cover images may vary from those shown
3 of 3

Loading
LOADING...

4 of 3
  • Borets Company Llc
  • Falcon Pumps Pvt.Ltd.
  • General Electric Company
  • Grundfos Pumps Corporation
  • Halliburton
  • Novomet-Perm Jsc
  • Schlumberger
  • Torqueflow Sydex
  • Walrus America
  • Weatherford International
Note: Product cover images may vary from those shown
Adroll
adroll