1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment Market Trends

Artificial Lift Systems Market Outlook - Global Trends, Forecast, and Opportunity Assessment (2014-2022)

  • November 2015
  • 118 pages
  • Stratistics MRC
Report ID: 3398279

Summary

Table of Contents

The Global Artificial Lift Systems market is accounted for $11.19 billion in 2014 and is expected to reach $23.45 billion by 2022 growing at a CAGR of 9.7%. Increasing demand for energy, increasing production of heavy oil and shale gas, and increase in the exploration activities are the major drivers for artificial lift system market. However, instability in oil and gas industry and stringent government regulations are the major threats for the market growth. The opportunity for the market lies in increasing levels of exploration activities and rising demand of the oil field equipment.

Electric submersible pump is the leading segment in artificial lift system market and rod lift is expected to generate highest revenue during the forecast period. Being the leading market for rod lift, U.S. accounted for more than 45% of share in global rod lift market due to increasing production of unconventional oils. The pump is extensively used to lift huge volumes of oil in both offshore and onshore wells. North America is the leading market for artificial lift systems followed by Europe and it is expected to continue its growth during the forecast period, due to increasing usage of artificial lifts in Mexico and Canada. In Asia Pacific, the demand for artificial lifts is expected to grow at a faster rate owing to the increasing demand for energy by China and India.

The key players of the market include, General Electric Company, Schlumberger Limited, Halliburton Company, Weatherford International Ltd., J&J Technical Services, LLC, Borets International Ltd., Flotek Industries, Inc., Baker Hughes Incorporated and Dover Corp.

Components Covered:
• Pump
• Motor
• Cable system
• Gas-lift mandrel
• Control system
• Gas lift valves
• Drivehead
• Pump jack
• Sucker rods
• Separators
• Others

Artificial Lift Systems Market, By Mechanism:
• Dynamic Displacement
• Gas Assisted
• Positive Displacement

Regions Covered:
• North America
o US
o Canada
• Europe
o Germany
o France
o Italy
o UK
o Spain
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia
• Rest of the World
o Latin America
o Middle East
o Africa
o Others

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 8 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

World Welding Machinery Market to 2021 - Market Size, Development, and Forecasts

  • $ 23129
  • Industry report
  • May 2017
  • by Global Research & Data Services

The report package World Welding Machinery Market to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for welding ...

World Machine Tool Market to 2021 - Market Size, Development, and Forecasts

  • $ 23129
  • Industry report
  • May 2017
  • by Global Research & Data Services

The report package World Machine Tool Market to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for machine tools ...

Valve Markets in the World to 2021 - Market Size, Development, and Forecasts

  • $ 20203
  • Industry report
  • July 2017
  • by Global Research & Data Services

The industry report package Valve Markets in the World to 2021 - Market Size, Development, and Forecasts offers the most up-to-date market data on the actual market situation, and future outlook for valves ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.