Artificial Lift Systems Market, By Types And Application- Global Industry Analysis And Forecast To 2023

2018-05-30 / 3800.00 / Energy / 95 Pages

Description

The Artificial Lift System Market was worth USD 7.02 billion in 2014 and is expected to reach approximately USD 11.68 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.82% during the forecast period. Artificial Lifts are used when the natural driving energy of reservoirs is insufficient to push the liquid (water or crude oil) to the surface. These systems make use of various technique in order to get the work done. The efficiency of the production well can also be increased with the help of this system. Artificial Lift System market is expected to grow lucratively owing to extensive oil exploration activities across the globe. Also the shifting trend towards extraction from unconventional wells is expected to propel the market growth.

Type Outlook and Trend Analysis

According to the Type the market of Artificial Lift System is segmented into Gas Lift, Rod Lift, Progressive Cavity Pumps, Electrical Submersible Pumps, Hydraulic Pumps, and Others. The Rod Lift application would grow substantially and will hold majority of the market over the forecast period due to its ease of operation, simple and modest design, higher efficiency and its ability to lift high temperature oils to the surface. Also being relatively cheap and durable these systems will rule the market over time. Electric Submersible Pump market will grow in size and value due to its benefits such as corrosion resistance and being able to operate under 1Mpa Pressure. Progressive Cavity Pumps are also expected to grow over the course of time.

Application Outlook and Trend Analysis

The application segment is fragmented into Onshore and Offshore. The Onshore application holds a majority in market due to increase in number of matured fields. The off shore application is also expected to grow due to various advantages like availability of resources and minimal cost.

Regional Outlook and Trend Analysis

According to the region, the Artificial Lift System Market is segmented as North America, Asia-Pacific, Europe and South America and Middle East & Africa. The North America market is foreseen to grow over time due to availability of low pressure wells and untapped oil wells. Also its efforts in unconventional resources such as shale gas, tight oil extraction will propel the growth. The Asia Pacific market will grow with a significant CAGR over the time. Various factors such as increasing energy demand due to increasing population, increasing spending on infrastructure and rising development activities will propel the growth in APAC region.

Competitive Insights

The leading players in the market are Kudu Industries Inc., Baker Hughes Incorporated, Weatherford International Ltd, National Oil Varco Inc., JSC Alnas, Tenaris S.A., Schlumberger Ltd, GE Energy. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The Artificial Lift System Market is segmented as follows-

By Type:


Gas Lift
Rod Lift
Progressive Cavity Pumps
Electrical Submersible Pumps
Hydraulic Pumps
Others


By Application:


Onshore
Offshore


By Region


North America


U.S.
Canada
Mexico


Europe

Germany
UK
France
Russia
Italy
Rest of Europe


Asia-Pacific

China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific


South America

Brazil
Argentina
Columbia
South Africa
Rest of South America


Middle East and Africa

Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA




Some of the key questions answered by the report are:


What was the market size in 2014 and forecast from 2015 to 2023`
What will be the industry market growth from 2015 to 2023`
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast`
What are the major segments leading the market growth and why`
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition`

Table of Content

Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Rising deep Offshore oil Production
3.2.1.2. Production Requirements in Aged Fields have been elevated.
3.2.2. Restraints
3.2.2.1. Lack of Professional Knowledge.
3.2.3. Opportunities
3.2.3.1. Increasing Number of Oil Production Activities in Sea.
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2014-2023)
4.1.2. Canada Market States and Outlook (2014-2023)
4.1.3. Mexico Market States and Outlook (2014-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2014-2023)
4.2.2. France Market States and Outlook (2014-2023)
4.2.3. UK Market States and Outlook (2014-2023)
4.2.4. Russia Market States and Outlook (2014-2023)
4.2.5. Italy Market States and Outlook (2014-2023)
4.2.6. Rest of Europe Market States and Outlook (2014-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2014-2023)
4.3.2. Japan Market States and Outlook (2014-2023)
4.3.3. Korea Market States and Outlook (2014-2023)
4.3.4. India Market States and Outlook (2014-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2014-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2014-2023)
4.4.2. Argentina Market States and Outlook (2014-2023)
4.4.3. Columbia Market States and Outlook (2014-2023)
4.4.4. Rest of South America Market States and Outlook (2014-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2014-2023)
4.5.2. UAE Market States and Outlook (2014-2023)
4.5.3. Egypt Market States and Outlook (2014-2023)
4.5.4. Nigeria Market States and Outlook (2014-2023)
4.5.5. South Africa Market States and Outlook (2014-2023)
4.5.6. Rest of MEA Market States and Outlook (2014-2023)
5. Artificial Lift Systems Market, By Type
5.1. Introduction
5.2. Global Artificial Lift Systems Sales, Revenue and Market Share By Type (2014-2018)
5.2.1. Global Artificial Lift Systems Sales and Sales Share By Type (2014-2018)
5.2.2. Global Artificial Lift Systems Revenue and Revenue Share By Type (2014-2018)
5.3. Gas Lift
5.3.1. Global Gas Lift Sales and Growth Rate (2014-2018)
5.4. Rod Lifts
5.4.1. Global Rod Lifts Sales and Growth Rate (2014-2018)
5.5. Progressive Cavity Pumps
5.5.1. Global Progressive Cavity Pumps Sales and Growth Rate (2014-2018)
5.6. Electrical Submersible Pumps
5.6.1. Global Electrical Submersible Pumps Sales and Growth Rate (2014-2018)
5.7. Hydraulic Pumps
5.7.1. Global Hydraulic Pumps Sales and Growth Rate (2014-2018)
5.8. Others
5.8.1. Global Others Sales and Growth Rate (2014-2018)
6. Artificial Lift Systems Market, By Application
6.1. Introduction
6.2. Global Artificial Lift Systems Sales, Revenue and Market Share By Application (2014-2018)
6.2.1. Global Artificial Lift Systems Sales and Sales Share By Application (2014-2018)
6.2.2. Global Artificial Lift Systems Revenue and Revenue Share By Application (2014-2018)
6.3. Onshore
6.3.1. Global Onshore Sales and Growth Rate (2014-2018)
6.4. Offshore
6.4.1. Global Offshore Sales and Growth Rate (2014-2018)
7. Artificial Lift Systems Market, By Region
7.1. Introduction
7.2. Global Artificial Lift Systems Sales, Revenue and Market Share by Regions
7.2.1. Global Artificial Lift Systems Sales by Regions (2014-2018)
7.2.2. Global Artificial Lift Systems Revenue by Regions (2014-2018)
7.3. North America Artificial Lift Systems by Countries
7.3.1. North America Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.3.2. North America Artificial Lift Systems Revenue and Growth Rate (2014-2018)
7.3.3. North America Artificial Lift Systems Sales by Countries (2014-2018)
7.3.4. North America Artificial Lift Systems Revenue (Million USD) by Countries (2014-2018)
7.3.5. U.S.
7.3.5.1. United States Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.3.5.2. United States Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.3.6. Canada
7.3.6.1. Canada Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.3.6.2. Canada Artificial Lift Systems Sales (Millions USD) and Growth Rate (2014-2018)
7.3.7. Mexico
7.3.7.1. Mexico Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.3.7.2. Mexico Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.4. Europe Artificial Lift Systems by Countries
7.4.1. Europe Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.4.2. Europe Artificial Lift Systems Revenue and Growth Rate (2014-2018)
7.4.3. Europe Artificial Lift Systems Sales by Countries (2014-2018)
7.4.4. Europe Artificial Lift Systems Revenue (Million USD) by Countries (2014-2018)
7.4.5. Germany
7.4.5.1. Germany Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.4.5.2. Germany Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.4.6. UK
7.4.6.1. UK Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.4.6.2. UK Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.4.7. France
7.4.7.1. France Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.4.7.2. France Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.4.8. Russia
7.4.8.1. Russia Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.4.8.2. Russia Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.4.9. Italy
7.4.9.1. Italy Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.4.9.2. Italy Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.4.10. Rest of Europe
7.4.10.1. Rest of Europe Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.4.10.2. Rest of Europe Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.5. Asia-Pacific
7.5.1. Asia-Pacific Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.5.2. Asia-Pacific Artificial Lift Systems Revenue and Growth Rate (2014-2018)
7.5.3. Asia-Pacific Artificial Lift Systems Sales by Countries (2014-2018)
7.5.4. Asia-Pacific Artificial Lift Systems Revenue (Million USD) by Countries (2014-2018)
7.5.5. China
7.5.5.1. China Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.5.5.2. China Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.5.6. Japan
7.5.6.1. Japan Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.5.6.2. Japan Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.5.7. Korea
7.5.7.1. Korea Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.5.7.2. Korea Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.5.8. India
7.5.8.1. India Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.5.8.2. India Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.5.9. Southeast Asia
7.5.9.1. Southeast Asia Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.5.9.2. Southeast Asia Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.5.10. Rest of Asia-Pacific
7.5.10.1. Rest of Asia-Pacific Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.5.10.2. Rest of Asia-Pacific Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.6. South America
7.6.1. South America Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.6.2. South America Artificial Lift Systems Revenue and Growth Rate (2014-2018)
7.6.3. South America Artificial Lift Systems Sales by Countries (2014-2018)
7.6.4. South America Artificial Lift Systems Revenue (Million USD) by Countries (2014-2018)
7.6.5. Brazil
7.6.5.1. Brazil Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.6.5.2. Brazil Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.6.6. Argentina
7.6.6.1. Argentina Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.6.6.2. Argentina Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.6.7. Columbia
7.6.7.1. Columbia Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.6.7.2. Columbia Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.6.8. Rest of South America
7.6.8.1. Rest of South America Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.6.8.2. Rest of South America Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.7. Middle East and Africa
7.7.1. Middle East and Africa Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.7.2. Middle East and Africa Artificial Lift Systems Revenue and Growth Rate (2014-2018)
7.7.3. Middle East and Africa Artificial Lift Systems Sales by Countries (2014-2018)
7.7.4. Middle East and Africa Artificial Lift Systems Revenue (Million USD) by Countries (2014-2018)
7.7.5. Saudi Arabia
7.7.5.1. Saudi Arabia Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.7.5.2. Saudi Arabia Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.7.6. United Arab Emirates
7.7.6.1. United Arab Emirates Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.7.6.2. United Arab Emirates Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.7.7. Egypt
7.7.7.1. Egypt Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.7.7.2. Egypt Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.7.8. Nigeria
7.7.8.1. Nigeria Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.7.8.2. Nigeria Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.7.9. South Africa
7.7.9.1. South Africa Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.7.9.2. South Africa Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
7.7.10. Rest of Middle East and Africa
7.7.10.1. Rest of Middle East and Africa Artificial Lift Systems Sales and Growth Rate (2014-2018)
7.7.10.2. Rest of Middle East and Africa Artificial Lift Systems Revenue (Millions USD) and Growth Rate (2014-2018)
8. Company Profiles
8.1. Kudu Industries Inc.
8.1.1. Business Overview
8.1.2. Product Portfolio
8.1.3. Strategic Developments
8.1.4. Sales, Revenue and Market Share
8.2. Baker Hughes Incorporated
8.2.1. Business Overview
8.2.2. Product Portfolio
8.2.3. Strategic Developments
8.2.4. Sales, Revenue and Market Share
8.3. Weatherford International Ltd
8.3.1. Business Overview
8.3.2. Product Portfolio
8.3.3. Strategic Developments
8.3.4. Sales, Revenue and Market Share
8.4. National Oil Varco Inc.
8.4.1. Business Overview
8.4.2. Product Portfolio
8.4.3. Strategic Developments
8.4.4. Sales, Revenue and Market Share
8.5. JSC Alnas
8.5.1. Business Overview
8.5.2. Product Portfolio
8.5.3. Strategic Developments
8.5.4. Sales, Revenue and Market Share
8.6. Tenaris S.A.
8.6.1. Business Overview
8.6.2. Product Portfolio
8.6.3. Strategic Developments
8.6.4. Sales, Revenue and Market Share
8.7. Schlumberger Ltd, GE Energy
8.7.1. Business Overview
8.7.2. Product Portfolio
8.7.3. Strategic Developments
8.7.4. Sales, Revenue and Market Share
9. Global Artificial Lift Systems Market Competition, by Manufacturer
9.1. Global Artificial Lift Systems Sales and Market Share by Manufacturer (2016-2017)
9.2. Global Artificial Lift Systems Revenue and Market Share by Manufacturer (2016-2017)
9.3. Global Artificial Lift Systems Price by Manufacturer (2016-2017)
9.4. Top 5 Artificial Lift Systems Manufacturer Market Share
9.5. Market Competition Trend
10. Artificial Lift Systems Market Forecast (2018-2023)
10.1. Global Artificial Lift Systems Sales, Revenue (Millions USD) and Growth Rate (2018-2023)
10.2. Artificial Lift Systems Market Forecast by Regions (2018-2023)
10.2.1. North America Artificial Lift Systems Market Forecast (2018-2023)
10.2.1.1. United States Artificial Lift Systems Market Forecast (2018-2023)
10.2.1.2. Canada Artificial Lift Systems Market Forecast (2018-2023)
10.2.1.3. Mexico Artificial Lift Systems Market Forecast (2018-2023)
10.2.2. Europe Artificial Lift Systems Market Forecast (2018-2023)
10.2.2.1. Germany Artificial Lift Systems Market Forecast (2018-2023)
10.2.2.2. United Kingdom Artificial Lift Systems Market Forecast (2018-2023)
10.2.2.3. France Artificial Lift Systems Market Forecast (2018-2023)
10.2.2.4. Russia Artificial Lift Systems Market Forecast (2018-2023)
10.2.2.5. Italy Artificial Lift Systems Market Forecast (2018-2023)
10.2.2.6. Rest of the Europe Artificial Lift Systems Market Forecast (2018-2023)
10.2.3. Asia-Pacific Artificial Lift Systems Market Forecast (2018-2023)
10.2.3.1. China Artificial Lift Systems Market Forecast (2018-2023)
10.2.3.2. Japan Artificial Lift Systems Market Forecast (2018-2023)
10.2.3.3. Korea Artificial Lift Systems Market Forecast (2018-2023)
10.2.3.4. India Artificial Lift Systems Market Forecast (2018-2023)
10.2.3.5. Southeast Asia Artificial Lift Systems Market Forecast (2018-2023)
10.2.3.6. Rest of Asia-Pacific Artificial Lift Systems Market Forecast (2018-2023)
10.2.4. South America Artificial Lift Systems Market Forecast (2018-2023)
10.2.4.1. Brazil Artificial Lift Systems Market Forecast (2018-2023)
10.2.4.2. Argentina Artificial Lift Systems Market Forecast (2018-2023)
10.2.4.3. Columbia Artificial Lift Systems Market Forecast (2018-2023)
10.2.4.4. Rest of South America Artificial Lift Systems Market Forecast (2018-2023)
10.2.5. Middle East and Africa Artificial Lift Systems Market Forecast (2018-2023)
10.2.5.1. Saudi Arabia Artificial Lift Systems Market Forecast (2018-2023)
10.2.5.2. UAE Artificial Lift Systems Market Forecast (2018-2023)
10.2.5.3. Egypt Artificial Lift Systems Market Forecast (2018-2023)
10.2.5.4. Nigeria Artificial Lift Systems Market Forecast (2018-2023)
10.2.5.5. South Africa Artificial Lift Systems Market Forecast (2018-2023)
10.2.5.6. Rest of MEA Artificial Lift Systems Market Forecast (2018-2023)
10.3. Artificial Lift Systems Market Forecast By Type (2018-2023)
10.3.1. Global Artificial Lift Systems Sales Forecast By Type(2018-2023)
10.3.2. Global Artificial Lift Systems Sales Market Share Forecast By Type (2018-2023)
10.4. Artificial Lift Systems Market Forecast By Application (2018-2023)
10.4.1. Global Artificial Lift Systems Sales Forecast By Application (2018-2023)
10.4.2. Global Artificial Lift Systems Sales Market Share Forecast By Application (2018-2023)
*You can glance through the list of Tables and Figures when you view the sample copy of Artificial Lift System Market.


Table of Figures

*You can glance through the list of Tables and Figures when you view the sample copy of Artificial Lift System Market.

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