The global artificial lift systems market size is expected to reach around US$ 18.7 billion by 2030 and is expected to grow at an impressive double-digit rate of 7.47% from 2022 to 2030.
The artificial lift systems market is expected to grow in response to rising energy demand, industrialization, and population and urbanization. Rising expansion of the industrial manufacturing and transportation sectors oil consumption demand have been increased rapidly globally.
The study includes drivers and restraints of this market. The study provides an analysis of the global artificial lift systems market for the period 2017-2030, wherein 2022 to 2030 is the forecast period and 2021 is considered as the base year.
Report Scope of the Artificial Lift System Market
| Report Coverage | Details |
| Market Size by 2030 | USD 18.7 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 7.47% |
| Largest Market | North America |
| Fastest Growing Region | Asia Pacific |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Type, Component, Application, Mechanism, Well Type, Geography |
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Research Methodology
A unique research methodology has been utilized to conduct comprehensive research on the growth of the global artificial lift systems market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the draw conclusions. Secondary sources referred to by analysts during the production of the global market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.
These primary and secondary sources provided exclusive information during interviews, which serves as a validation from mattress topper industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global artificial lift systems market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped to estimates the future prospects of the global market more reliable and accurate.
Why should you invest in this report?
If you are aiming to enter the global artificial lift systems market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for artificial lift systems are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Some of the prominent players in the global artificial lift systems market include:
- General Electric Company
- Hitachi, Ltd
- Man Diesel & Turbo SE
- Neuman&Esser Group
- Ebara Corporation
- Ariel Corporation
- Mitsubishi Heavy Industries Compressor Corporation
- Burckhardt Compression Holding AG
- Atlas Copco Energas GmbH
- Solar Turbine Inc.
Market Segmentation:
By Type
- Pressurized Water Reactor (PWR)
- Electric Submersible Pumps
- Gas lift
- Progressing Cavity Pumps
- Jet pump
- Others (hydraulic pumping systems and plunger lift)
By Application
- Onshore
- Offshore
By Component
- Pump
- Motor
- Cable System
- Controller
- Others
By Mechanism
- Pump Assisted
- Gas Assisted
By Well Type
- Horizontal
- Vertical
By Geography
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Malaysia
- Philippines
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC
- North Africa
- South Africa
- Rest of the Middle East & Africa
Regional Analysis:
The geographical analysis of the global artificial lift systems market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.
The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global artificial lift systems Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).
Key Questions Answered by the Report:
- What will be the size of the global artificial lift systems market in 2030?
- What is the expected CAGR for the artificial lift systems market between 2021 and 2030?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global artificial lift systems market?
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Artificial Lift System Market
5.1. COVID-19 Landscape: Artificial Lift System Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Artificial Lift System Market, By Type
8.1. Artificial Lift System Market, by Type, 2022-2030
8.1.1. Pressurized Water Reactor (PWR)
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Electric Submersible Pumps
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Gas lift
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Progressing Cavity Pumps
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Jet pump
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Others (hydraulic pumping systems and plunger lift)
8.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Artificial Lift System Market, By Application
9.1. Artificial Lift System Market, by Application, 2022-2030
9.1.1. Onshore
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Offshore
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Artificial Lift System Market, By Component
10.1. Artificial Lift System Market, by Component, 2022-2030
10.1.1. Pump
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Motor
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Cable System
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Controller
10.1.4.1. Market Revenue and Forecast (2017-2030)
10.1.5. Others
10.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Artificial Lift System Market, By Mechanism
11.1. Artificial Lift System Market, by Mechanism, 2022-2030
11.1.1. Pump Assisted
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Gas Assisted
11.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Artificial Lift System Market, By Well Type
12.1. Artificial Lift System Market, by Well Type, 2022-2030
12.1.1. Horizontal
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. Vertical
12.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Artificial Lift System Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Type (2017-2030)
13.1.2. Market Revenue and Forecast, by Application (2017-2030)
13.1.3. Market Revenue and Forecast, by Component (2017-2030)
13.1.4. Market Revenue and Forecast, by Mechanism (2017-2030)
13.1.5. Market Revenue and Forecast, by Well Type (2017-2030)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Type (2017-2030)
13.1.6.2. Market Revenue and Forecast, by Application (2017-2030)
13.1.6.3. Market Revenue and Forecast, by Component (2017-2030)
13.1.6.4. Market Revenue and Forecast, by Mechanism (2017-2030)
13.1.7. Market Revenue and Forecast, by Well Type (2017-2030)
13.1.8. Rest of North America
13.1.8.1. Market Revenue and Forecast, by Type (2017-2030)
13.1.8.2. Market Revenue and Forecast, by Application (2017-2030)
13.1.8.3. Market Revenue and Forecast, by Component (2017-2030)
13.1.8.4. Market Revenue and Forecast, by Mechanism (2017-2030)
13.1.8.5. Market Revenue and Forecast, by Well Type (2017-2030)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Type (2017-2030)
13.2.2. Market Revenue and Forecast, by Application (2017-2030)
13.2.3. Market Revenue and Forecast, by Component (2017-2030)
13.2.4. Market Revenue and Forecast, by Mechanism (2017-2030)
13.2.5. Market Revenue and Forecast, by Well Type (2017-2030)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Type (2017-2030)
13.2.6.2. Market Revenue and Forecast, by Application (2017-2030)
13.2.6.3. Market Revenue and Forecast, by Component (2017-2030)
13.2.7. Market Revenue and Forecast, by Mechanism (2017-2030)
13.2.8. Market Revenue and Forecast, by Well Type (2017-2030)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Type (2017-2030)
13.2.9.2. Market Revenue and Forecast, by Application (2017-2030)
13.2.9.3. Market Revenue and Forecast, by Component (2017-2030)
13.2.10. Market Revenue and Forecast, by Mechanism (2017-2030)
13.2.11. Market Revenue and Forecast, by Well Type (2017-2030)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Type (2017-2030)
13.2.12.2. Market Revenue and Forecast, by Application (2017-2030)
13.2.12.3. Market Revenue and Forecast, by Component (2017-2030)
13.2.12.4. Market Revenue and Forecast, by Mechanism (2017-2030)
13.2.13. Market Revenue and Forecast, by Well Type (2017-2030)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Type (2017-2030)
13.2.14.2. Market Revenue and Forecast, by Application (2017-2030)
13.2.14.3. Market Revenue and Forecast, by Component (2017-2030)
13.2.14.4. Market Revenue and Forecast, by Mechanism (2017-2030)
13.2.15. Market Revenue and Forecast, by Well Type (2017-2030)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Type (2017-2030)
13.3.2. Market Revenue and Forecast, by Application (2017-2030)
13.3.3. Market Revenue and Forecast, by Component (2017-2030)
13.3.4. Market Revenue and Forecast, by Mechanism (2017-2030)
13.3.5. Market Revenue and Forecast, by Well Type (2017-2030)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Type (2017-2030)
13.3.6.2. Market Revenue and Forecast, by Application (2017-2030)
13.3.6.3. Market Revenue and Forecast, by Component (2017-2030)
13.3.6.4. Market Revenue and Forecast, by Mechanism (2017-2030)
13.3.7. Market Revenue and Forecast, by Well Type (2017-2030)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Type (2017-2030)
13.3.8.2. Market Revenue and Forecast, by Application (2017-2030)
13.3.8.3. Market Revenue and Forecast, by Component (2017-2030)
13.3.8.4. Market Revenue and Forecast, by Mechanism (2017-2030)
13.3.9. Market Revenue and Forecast, by Well Type (2017-2030)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Type (2017-2030)
13.3.10.2. Market Revenue and Forecast, by Application (2017-2030)
13.3.10.3. Market Revenue and Forecast, by Component (2017-2030)
13.3.10.4. Market Revenue and Forecast, by Mechanism (2017-2030)
13.3.10.5. Market Revenue and Forecast, by Well Type (2017-2030)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Type (2017-2030)
13.3.11.2. Market Revenue and Forecast, by Application (2017-2030)
13.3.11.3. Market Revenue and Forecast, by Component (2017-2030)
13.3.11.4. Market Revenue and Forecast, by Mechanism (2017-2030)
13.3.11.5. Market Revenue and Forecast, by Well Type (2017-2030)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Type (2017-2030)
13.4.2. Market Revenue and Forecast, by Application (2017-2030)
13.4.3. Market Revenue and Forecast, by Component (2017-2030)
13.4.4. Market Revenue and Forecast, by Mechanism (2017-2030)
13.4.5. Market Revenue and Forecast, by Well Type (2017-2030)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Type (2017-2030)
13.4.6.2. Market Revenue and Forecast, by Application (2017-2030)
13.4.6.3. Market Revenue and Forecast, by Component (2017-2030)
13.4.6.4. Market Revenue and Forecast, by Mechanism (2017-2030)
13.4.7. Market Revenue and Forecast, by Well Type (2017-2030)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Type (2017-2030)
13.4.8.2. Market Revenue and Forecast, by Application (2017-2030)
13.4.8.3. Market Revenue and Forecast, by Component (2017-2030)
13.4.8.4. Market Revenue and Forecast, by Mechanism (2017-2030)
13.4.9. Market Revenue and Forecast, by Well Type (2017-2030)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Type (2017-2030)
13.4.10.2. Market Revenue and Forecast, by Application (2017-2030)
13.4.10.3. Market Revenue and Forecast, by Component (2017-2030)
13.4.10.4. Market Revenue and Forecast, by Mechanism (2017-2030)
13.4.10.5. Market Revenue and Forecast, by Well Type (2017-2030)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Type (2017-2030)
13.4.11.2. Market Revenue and Forecast, by Application (2017-2030)
13.4.11.3. Market Revenue and Forecast, by Component (2017-2030)
13.4.11.4. Market Revenue and Forecast, by Mechanism (2017-2030)
13.4.11.5. Market Revenue and Forecast, by Well Type (2017-2030)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Type (2017-2030)
13.5.2. Market Revenue and Forecast, by Application (2017-2030)
13.5.3. Market Revenue and Forecast, by Component (2017-2030)
13.5.4. Market Revenue and Forecast, by Mechanism (2017-2030)
13.5.5. Market Revenue and Forecast, by Well Type (2017-2030)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Type (2017-2030)
13.5.6.2. Market Revenue and Forecast, by Application (2017-2030)
13.5.6.3. Market Revenue and Forecast, by Component (2017-2030)
13.5.6.4. Market Revenue and Forecast, by Mechanism (2017-2030)
13.5.7. Market Revenue and Forecast, by Well Type (2017-2030)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Type (2017-2030)
13.5.8.2. Market Revenue and Forecast, by Application (2017-2030)
13.5.8.3. Market Revenue and Forecast, by Component (2017-2030)
13.5.8.4. Market Revenue and Forecast, by Mechanism (2017-2030)
13.5.8.5. Market Revenue and Forecast, by Well Type (2017-2030)
Chapter 14. Company Profiles
14.1. General Electric Company
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Hitachi, Ltd
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Man Diesel & Turbo SE
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Neuman&Esser Group
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Ebara Corporation
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Ariel Corporation
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Mitsubishi Heavy Industries Compressor Corporation
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. Burckhardt Compression Holding AG
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Atlas CopcoEnergas GmbH
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. Solar Turbine Inc.
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
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