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The publisher has been monitoring the artificial lift systems market in the US and it is poised to grow by $1.24 bn during 2022-2026, decelerating at a CAGR of 4.82% during the forecast period. The report on the artificial lift systems market in the US provides a holistic analysis, of market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis of the current country market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in oil and E and P activities, an increasing number of maturing oil fields, and investment in investment in oil and gas industry.
The artificial lift systems market in the US analysis includes application and type segments and geographic landscape.
The artificial lift systems market in the US is segmented as below:
By Application
- Onshore
- Offshore
By Type
- ESP systems
- RLP systems
- PCP systems
- Others
This study identifies the key developments in the industry as one of the prime reasons driving the artificial lift systems market in the US growth during the next few years. Also, advances in artificial lift systems and an increase in offshore exploration activities will lead to sizable demand in the market.
The report on the artificial lift systems market in the US covers the following areas:
- Artificial lift systems market in the US sizing
- Artificial lift systems market in the US forecast
- Artificial lift systems market in the US industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading artificial lift systems market in the US vendors that include AccessESP, Baker Hughes Co., BCPGroup Artificial Lift Inc., Borets International Ltd., ChampionX Corp., Dover Corp., General Electric Co., Gorman-Rupp Pumps, Halliburton Co., JJ Tech, NOV Inc., Novomet, Occidental Petroleum Corp., Schlumberger Ltd., Valiant Artificial Lift Solutions LLC, Weatherford International Plc, and DistributionNOW. Also, the artificial lift systems market in the US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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 an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Application
6 Market Segmentation by Type
7 Customer Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global artificial lift systems market in the US: AccessESP, Baker Hughes Co., BCPGroup Artificial Lift Inc., Borets International Ltd., ChampionX Corp., Dover Corp., General Electric Co., Gorman-Rupp Pumps, Halliburton Co., JJ Tech, NOV Inc., Novomet, Occidental Petroleum Corp., Schlumberger Ltd., Valiant Artificial Lift Solutions LLC, Weatherford International Plc, and DistributionNOW.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is key developments in the industry."
According to the report, one of the major drivers for this market is the increase in oil and E and P activities.
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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AccessESP
- Baker Hughes Co.
- BCPGroup Artificial Lift Inc.
- Borets International Ltd.
- ChampionX Corp.
- Dover Corp.
- General Electric Co.
- Gorman-Rupp Pumps
- Halliburton Co.
- JJ Tech
- NOV Inc.
- Novomet
- Occidental Petroleum Corp.
- Schlumberger Ltd.
- Valiant Artificial Lift Solutions LLC
- Weatherford International Plc
- DistributionNOW
