封面
市场调查报告书
商品编码
1520470

2024-2032年人工举升系统市场报告(按举升类型(电动潜水泵、螺桿泵、气举、桿举升、液压泵等)、井类型、机制、应用和地区)

Artificial Lift System Market Report by Lift Type (Electric Submersible Pumps, Progressing Cavity Pumps, Gas Lift, Rod Lift, Hydraulic Pumps, and Others), Well Type, Mechanism, Application, and Region 2024-2032

出版日期: | 出版商: IMARC | 英文 139 Pages | 商品交期: 2-3个工作天内

价格

2023年,全球IMARC Group举升系统市场规模达232亿美元。由于油气井老化导致天然储层压力下降、全球能源需求不断增长、环境和成本问题不断升级以及人工举升系统技术的不断进步是推动市场的主要因素。

人工举升系统在提高石油和天然气生产率方面发挥关键作用,特别是在压力不足以将碳氢化合物驱至地面的油藏。当储层压力不足以达到最佳开采时,这些系统会机械地增加原油或天然气的流量。通常采用气举、电动潜水泵和桿举升系统等方法来实现这一目标。透过人为增加井眼内的压力,这些技术能够更有效地回收碳氢化合物,从而使低压油藏的生产在经济上可行。因此,人工举升系统的实施确保了石油和天然气营运的长期获利能力和永续性。因此,人工举升系统作为优化生产的关键要素,在石油和天然气产业中获得了巨大的关注,从而有助于能源供应的整体稳定性和安全性。

全球能源需求不断上升,加上油气井老化,将刺激预测期内人工举升系统市场的成长。此外,随着更严格的法规推动石油和天然气产业采取更永续的做法,环境因素日益受到重视。因此,旨在透过减少能源消耗和排放来最大限度地减少环境影响的人工举升系统受到高度青睐,这反过来又扩大了环保技术的市场机会。此外,由于环境和成本问题,人们越来越关注最大限度地回收现有储量,而不是探索新地点。这种转变优先考虑人工举升系统等技术,以优化现有水库的产量,从而推动市场成长。此外,地缘政治因素(例如主要产油地区的稳定性)正在对市场成长产生积极影响,因为它们允许对包括人工举升系统在内的开采技术进行持续投资。同时,该产业对数位转型的开放态度正在推动人工智慧 (AI) 和资料分析与人工举升技术的整合。这些进步可以实现预测性维护和更有效率的运营,同时减少停机时间和营运成本,促进市场成长。

人工举升系统市场趋势/驱动因素:

天然储层压力下降

推动全球人工举升系统市场的最关键因素之一是老化油气井自然压力的下降。随着油藏的成熟,其将碳氢化合物推至地表的内在能力会减弱,因此需要外部援助来维持生产力。这种情况在老油田和新发现的固有低压油藏中都很常见。天然水库压力的下降使得人工举升系统的功能不可或缺。它们的采用确保了石油和天然气的经济可行的开采,从而延长了油井的生产寿命。因此,人工举升系统已被广泛应用,将原本无利可图的油藏转变为创收资产,使其成为碳氢化合物生产企业长期获利和永续发展的关键组成部分。

全球能源需求不断成长

在工业化和城市化水平提高的推动下,全球石油和天然气需求大幅增长,是另一个主要的成长诱因。随着经济的扩张,特别是新兴市场的经济扩张,石油和天然气等能源消耗也随之增加。对能源不断增长的需求给石油和天然气公司带来了巨大的压力,要求其最大限度地提高生产力。人工举升系统能够有效回收碳氢化合物,有助于满足全球能源需求。它们在提高产量方面的作用可以转化为更有效地满足市场需求,从而刺激全球人工举升系统的采用。

关键参与者的技术进步

技术的不断进步使人工举升系统更有效率且更具成本效益。创新的监控系统、自动化和机器学习 (ML) 演算法的整合正在彻底改变人工举升系统的运作方式。这些创新有助于即时调整,从而优化效能并降低营运成本。新技术也扩大了人工举升系统有效运作的水库条件范围。这些技术进步正在简化现有流程,同时为人工举升系统的应用开闢新途径,使其更加通用并能够适应各种开采挑战,从而推动市场成长。

目录

第一章:前言

第 2 章:范围与方法

  • 研究目的
  • 利害关係人
  • 资料来源
    • 主要资源
    • 二手资料
  • 市场预测
    • 自下而上的方法
    • 自上而下的方法
  • 预测方法

第 3 章:执行摘要

第 4 章:简介

  • 概述
  • 主要行业趋势

第 5 章:全球人工举升系统市场

  • 市场概况
  • 市场业绩
  • COVID-19 的影响
  • 市场预测

第 6 章:市场区隔:依电梯类型

  • 电动潜油帮浦 (ESP)
    • 市场走向
    • 市场预测
  • 单螺桿帮浦 (PCP)
    • 市场走向
    • 市场预测
  • 气举
    • 市场走向
    • 市场预测
  • 拉桿升降机
    • 市场走向
    • 市场预测
  • 液压泵浦
    • 市场走向
    • 市场预测
  • 其他的
    • 市场走向
    • 市场预测

第 7 章:市场区隔:按油井类型

  • 水平的
    • 市场走向
    • 市场预测
  • 垂直的
    • 市场走向
    • 市场预测

第 8 章:市场区隔:按机制

  • 气体辅助
    • 市场走向
    • 市场预测
  • 泵浦辅助
    • 市场走向
    • 市场预测

第 9 章:市场区隔:按应用

  • 离岸
    • 市场走向
    • 市场预测
  • 陆上
    • 市场走向
    • 市场预测

第 10 章:市场区隔:按地区

  • 北美洲
    • 美国
    • 加拿大
  • 亚太
    • 中国
    • 日本
    • 印度
    • 韩国
    • 澳洲
    • 印尼
    • 其他的
  • 欧洲
    • 德国
    • 法国
    • 英国
    • 义大利
    • 西班牙
    • 俄罗斯
    • 其他的
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他的
  • 中东和非洲
    • 市场走向
    • 市场细分:按国家/地区
    • 市场预测

第 11 章:SWOT 分析

  • 概述
  • 优势
  • 弱点
  • 机会
  • 威胁

第 12 章:价值链分析

第 13 章:波特五力分析

  • 概述
  • 买家的议价能力
  • 供应商的议价能力
  • 竞争程度
  • 新进入者的威胁
  • 替代品的威胁

第 14 章:价格分析

第15章:竞争格局

  • 市场结构
  • 关键参与者
  • 关键参与者简介
    • Baker Hughes Company
    • Borets International Ltd.
    • Canadian Advanced ESP Inc.
    • ChampionX
    • Dover Corporation
    • General Electric Company
    • Halliburton Company
    • JJ Tech
    • NOV Inc.
    • Schlumberger Limited
    • Tenaris SA (Techint)
    • Weatherford International plc
Product Code: SR112024A5771

The global artificial lift system market size reached US$ 23.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 35.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.8% during 2024-2032. The decline in natural reservoir pressure owing to aging oil and gas wells, rising global energy demand, escalating environmental and cost concerns, and continuous technological advancements in artificial lift systems are some of the major factors propelling the market.

Artificial lift systems play a pivotal role in enhancing oil and gas production rates, particularly from reservoirs with insufficient pressure to drive the hydrocarbons to the surface. These systems mechanically augment the flow of crude oil or natural gas when reservoir pressure alone is inadequate for optimal extraction. Methods such as gas lifts, electric submersible pumps, and rod lift systems are commonly utilized to achieve this. By artificially increasing the pressure within the wellbore, these technologies enable a more efficient recovery of hydrocarbons, making it economically viable to produce from low-pressure reservoirs. The implementation of artificial lift systems is thereby ensuring the long-term profitability and sustainability of oil and gas operations. As a result, artificial lift systems are gaining immense traction in the oil and gas industry as a critical element in optimizing production, thereby contributing to the overall stability and security of energy supplies.

The escalating energy demand globally, coupled with the aging oil and gas wells, will stimulate the growth of the artificial lift system market during the forecast period. Moreover, environmental considerations are gaining prominence as stricter regulations push the oil and gas industry toward more sustainable practices. Consequently, artificial lift systems designed to minimize environmental impact by reducing energy consumption and emissions are highly favored, which in turn is expanding market opportunities for environmentally friendly technologies. Additionally, there is a growing focus on maximizing the recovery of existing reserves instead of exploring new sites owing to environmental and cost concerns. This shift prioritizes technologies like artificial lift systems that optimize output from current reservoirs, thus propelling market growth. Furthermore, geopolitical factors, such as stability in key oil-producing regions, are positively influencing market growth as they allow for sustained investment in extraction technologies, including artificial lift systems. Along with this, the industry's openness to digital transformation is fueling the integration of artificial intelligence (AI) and data analytics with artificial lift technologies. Such advancements enable predictive maintenance and more efficient operations while reducing downtime and operational costs, fostering market growth.

Artificial Lift System Market Trends/Drivers:

Decline in Natural Reservoir Pressure

One of the most critical factors driving the global artificial lift system market is the declining natural pressure in aging oil and gas wells. As reservoirs mature, their intrinsic ability to push hydrocarbons to the surface diminishes, necessitating external assistance to maintain production rates. This scenario is prevalent in both older fields as well as in newly discovered reservoirs with inherently low pressures. The falling natural reservoir pressures make the role of artificial lift systems indispensable. Their adoption ensures the economically viable extraction of oil and gas, thereby extending the productive lifespan of wells. As a result, artificial lift systems are widely being implemented to transform otherwise non-profitable reservoirs into revenue-generating assets, making them a crucial component in the long-term profitability and sustainability of hydrocarbon production enterprises.

Rising Global Energy Demand

A significant rise in the global demand for oil and gas, propelled by elevating levels of industrialization and urbanization, represents another major growth-inducing factor. As economies expand, particularly in emerging markets, there is a subsequent increase in the consumption of energy resources like oil and gas. This ever-increasing need for energy has placed tremendous pressure on oil and gas companies to maximize production rates. Artificial lift systems enable the efficient recovery of hydrocarbons, making them instrumental in fulfilling global energy requirements. Their role in improving production yields translates into meeting market demands more effectively, thereby spurring the adoption of artificial lift systems worldwide.

Technological Advancements by Key Players

Continuous advances in technology have made artificial lift systems more efficient and cost-effective. Innovative monitoring systems, automation, and the integration of machine learning (ML) algorithms are revolutionizing the way artificial lift systems operate. These innovations facilitate real-time adjustments, which in turn optimize performance and reduce operational costs. The new technologies have also expanded the range of reservoir conditions under which artificial lift systems can operate effectively. Such technological advancements are streamlining existing processes while opening up new avenues for the application of artificial lift systems, making them more versatile and adaptable to a variety of extraction challenges, thereby fueling market growth.

Artificial Lift System Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on lift type, well type, mechanism and application.

Breakup by Lift Type:

Electric Submersible Pumps (ESP)

Progressing Cavity Pumps (PCP)

Gas Lift

Rod Lift

Hydraulic Pumps

Others

Electric Submersible Pumps (ESP) dominate the market

The report has provided a detailed breakup and analysis of the market based on the lift type. This includes electric submersible pumps (ESP), progressing cavity pumps (PCP), gas lift, rod lift, hydraulic pumps, and others. According to the report, electric submersible pumps (ESP) represented the largest segment.

Electric submersible pumps (ESP) offer high volumetric efficiency, capable of handling a wide range of flow rates, from low to exceptionally high. This makes them highly adaptable to various reservoir conditions and operational requirements. Moreover, ESPs are known for their energy efficiency, which leads to lower operating costs over time. The electric operation eliminates the need for surface-level pumping units, thereby reducing both the surface footprint and mechanical losses. Besides this, ESPs are exceptionally versatile and can be employed in different settings, including offshore, onshore, and even in deviated or horizontal wells. This adaptability expands their applicability across a diverse range of reservoirs and geological conditions.

In addition, advancements in technology have led to the development of more durable and corrosion-resistant materials for ESPs, increasing their lifespan and reducing the frequency of interventions. Along with this, ESPs are relatively easy to install and operate, requiring less manual labor and enabling more automated control. This ease of use simplifies the extraction process, making ESPs a preferred choice for oil and gas companies aiming for operational excellence, thus propelling the segment growth.

Breakup by Well Type:

Horizontal

Vertical

Horizontal represents the most popular well type

A detailed breakup and analysis of the market based on the well type has also been provided in the report. This includes horizontal and vertical. According to the report, horizontal accounted for the largest market share.

Horizontal drilling provides a greater contact area with the production reservoir compared to traditional vertical wells. This higher exposure significantly enhances the flow rates of hydrocarbons, making the extraction process more efficient. Furthermore, horizontal wells are particularly effective in the extraction of unconventional resources like shale gas and tight oil formations. They enable the optimization of hydraulic fracturing, a technique often essential for liberating hydrocarbons in these low-permeability reservoirs. Also, horizontal wells offer environmental benefits, as fewer wellheads are required to access the same volume of resources. This reduced surface footprint minimizes the environmental impact and makes land reclamation easier post-production.

Additionally, horizontal wells are often more economically viable. Despite the higher initial drilling costs, the increased production rates typically result in better overall project economics when the total lifecycle costs are considered. Apart from this, technological advancements have streamlined the process of drilling horizontal wells, making it safer and more efficient. Innovations in directional drilling technology, well logging, and real-time monitoring have contributed to this trend, making horizontal wells increasingly popular for a broad spectrum of applications, fueling the segment growth.

Breakup by Mechanism:

Gas Assisted

Pump Assisted

Gas assisted mechanism holds the largest share in the market

The report has provided a detailed breakup and analysis of the market based on the mechanism. This includes gas assisted and pump assisted. According to the report, gas assisted represented the largest segment.

Gas-assisted lift systems offer unparalleled flexibility in terms of their adaptability to fluctuating well conditions and production rates. They are capable of handling both low and high volumes of liquid, making them suitable for a variety of reservoir scenarios. Apart from this, gas lift systems are particularly efficient for wells that produce a significant amount of associated gas. Utilizing this naturally occurring gas can substantially reduce operational costs and enhance overall system efficiency. Moreover, gas-assisted lifts are relatively easy to install and require fewer mechanical parts compared to other artificial lift methods, such as Electric Submersible Pumps (ESPs) or Rod Lifts. This simplicity translates to lower maintenance requirements and operational downtime, further driving down total cost of ownership.

Also, gas lift systems can be easily optimized using modern monitoring and control technologies, allowing operators to make real-time adjustments for maximum efficiency. Besides this, gas-assisted lift methods are generally more durable and less susceptible to the issues of sand and solids that can be detrimental to other lift methods. Their resilience in challenging conditions makes them a preferred choice for operators, contributing to the segment growth.

Breakup by Application:

Offshore

Onshore

Offshore accounts for the majority of the market share

A detailed breakup and analysis of the market based on the application has also been provided in the report. This includes offshore and onshore. According to the report, offshore accounted for the largest market share.

Offshore reservoirs often contain significant volumes of high-value hydrocarbons, making it economically justifiable to invest in advanced artificial lift technologies to maximize production. These fields generally have a longer production life, which makes the initial investment in artificial lift systems more cost-effective over the long term. The challenging conditions in offshore environments, such as high pressures and corrosive seawater, necessitate the use of robust and reliable artificial lift methods. These systems are engineered to meet the specific demands of offshore operations, ensuring durability and efficiency.

Moreover, offshore fields are usually developed as large, centralized projects, enabling economies of scale that can justify the deployment of sophisticated and more expensive artificial lift systems. This concentrated focus also facilitates the integration of advanced monitoring and control technologies, which further optimize production rates. Besides this, the heightened emphasis on maximizing recovery rates in offshore fields due to the high costs associated with offshore drilling and infrastructure makes artificial lift systems indispensable. Their ability to increase well productivity and extend well life makes them valuable in offshore operations, driving the segment growth.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

North America exhibits a clear dominance in the market

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.

North America held the biggest market share since the region has a mature oil and gas industry with a large number of aging wells that require artificial lift systems to maintain production levels. The declining natural pressure in these wells makes the use of artificial lift methods increasingly indispensable for continued operation. Furthermore, North America is a global leader in the extraction of unconventional resources, such as shale gas and tight oil. The extraction of these resources often necessitates the use of advanced artificial lift technologies, thus spurring demand. The region also boasts strong technological capabilities and infrastructure, which facilitates the development and adoption of innovative artificial lift solutions. Research and development are robust, supported by significant investments from both private and public sectors.

In addition, regulatory frameworks in North America are generally supportive of oil and gas exploration activities, including the implementation of new technologies like artificial lift systems to enhance production efficiency. Another contributing aspect is the presence of leading companies specializing in artificial lift systems, which contributes to a competitive and dynamic marketplace. These companies often engage in partnerships, mergers, and acquisitions that foster technological advancements and broaden the scope of available products and services, positioning North America as a leading regional market for artificial lift systems.

Competitive Landscape:

The market is experiencing moderate growth as key players in the artificial lift systems industry are actively engaging in a range of strategic initiatives to consolidate their market positions. They are investing heavily in research and development (R&D) to introduce technologically advanced and more efficient lift systems, aiming to cater to a broader range of well conditions and operational requirements. Collaborations, partnerships, and mergers and acquisitions are also commonplace, as companies seek to expand their product portfolios and geographical reach. Additionally, these industry leaders are increasingly focusing on incorporating digital technologies like real-time monitoring, data analytics, and machine learning to enhance the efficiency and reliability of their artificial lift systems. Through these actions, key players are striving to meet the evolving needs of the oil and gas industry while sustaining competitive advantage.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Baker Hughes Company

Borets International Ltd.

Canadian Advanced ESP Inc.

ChampionX

Dover Corporation

General Electric Company

Halliburton Company

JJ Tech

NOV Inc.

Schlumberger Limited

Tenaris S.A. (Techint)

Weatherford International plc

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Recent Developments:

In November 2022, Halliburton Company installed the first electro-hydraulic wet connectors in deepwater for Petrobras in Brazil. The Halliburton Fuzion EH electro-hydraulic downhole wet-mate connectors are designed to maintain the integrity of Halliburton's SmartWell completion technologies throughout the entire lifecycle of the well, contributing to higher well recovery factors. This technology helps facilitate safer and simpler intervention operations, reducing the need for workover operations that can potentially damage the formation.

In July 2022, Baker Hughes Company announced the acquisition of AccessESP, a leading provider of technological solutions used in ESP systems. This acquisition will expand the artificial lift portfolio of Baker Hughes Company and improve its position globally.

In April 2022, Weatherford International plc announced that it has received two five-year artificial lift contracts by Tatweer Petroleum in Bahrain. These contracts involve supplying, installing, and servicing beam pumping units and downhole pumps.

Key Questions Answered in This Report:

  • How has the global artificial lift system market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global artificial lift system market?
  • What is the impact of each driver, restraint, and opportunity on the global artificial lift system market?
  • What are the key regional markets?
  • Which countries represent the most attractive artificial lift system market?
  • What is the breakup of the market based on the lift type?
  • Which is the most attractive lift type in the artificial lift system market?
  • What is the breakup of the market based on the well type?
  • Which is the most attractive well type in the artificial lift system market?
  • What is the breakup of the market based on the mechanism?
  • Which is the most attractive mechanism in the artificial lift system market?
  • What is the breakup of the market based on the application?
  • Which is the most attractive application in the artificial lift system market?
  • What is the competitive structure of the global artificial lift system market?
  • Who are the key players/companies in the global artificial lift system market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Artificial Lift System Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Lift Type

  • 6.1 Electric Submersible Pumps (ESP)
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Progressing Cavity Pumps (PCP)
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Gas Lift
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Rod Lift
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Hydraulic Pumps
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast
  • 6.6 Others
    • 6.6.1 Market Trends
    • 6.6.2 Market Forecast

7 Market Breakup by Well Type

  • 7.1 Horizontal
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Vertical
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Mechanism

  • 8.1 Gas Assisted
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Pump Assisted
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by Application

  • 9.1 Offshore
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Onshore
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 Baker Hughes Company
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
      • 15.3.1.3 Financials
      • 15.3.1.4 SWOT Analysis
    • 15.3.2 Borets International Ltd.
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
    • 15.3.3 Canadian Advanced ESP Inc.
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
    • 15.3.4 ChampionX
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
      • 15.3.4.3 Financials
    • 15.3.5 Dover Corporation
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
      • 15.3.5.3 Financials
      • 15.3.5.4 SWOT Analysis
    • 15.3.6 General Electric Company
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
      • 15.3.6.3 Financials
      • 15.3.6.4 SWOT Analysis
    • 15.3.7 Halliburton Company
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
      • 15.3.7.3 Financials
      • 15.3.7.4 SWOT Analysis
    • 15.3.8 JJ Tech
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
    • 15.3.9 NOV Inc.
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
      • 15.3.9.3 Financials
      • 15.3.9.4 SWOT Analysis
    • 15.3.10 Schlumberger Limited
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
      • 15.3.10.3 Financials
      • 15.3.10.4 SWOT Analysis
    • 15.3.11 Tenaris S.A. (Techint)
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
      • 15.3.11.3 Financials
    • 15.3.12 Weatherford International plc
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio

List of Figures

  • Figure 1: Global: Artificial Lift System Market: Major Drivers and Challenges
  • Figure 2: Global: Artificial Lift System Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Artificial Lift System Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Artificial Lift System Market: Breakup by Lift Type (in %), 2023
  • Figure 5: Global: Artificial Lift System Market: Breakup by Well Type (in %), 2023
  • Figure 6: Global: Artificial Lift System Market: Breakup by Mechanism (in %), 2023
  • Figure 7: Global: Artificial Lift System Market: Breakup by Application (in %), 2023
  • Figure 8: Global: Artificial Lift System Market: Breakup by Region (in %), 2023
  • Figure 9: Global: Artificial Lift System (Electric Submersible Pumps-ESP) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 10: Global: Artificial Lift System (Electric Submersible Pumps-ESP) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 11: Global: Artificial Lift System (Progressing Cavity Pumps-PCP) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 12: Global: Artificial Lift System (Progressing Cavity Pumps-PCP) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 13: Global: Artificial Lift System (Gas Lift) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 14: Global: Artificial Lift System (Gas Lift) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 15: Global: Artificial Lift System (Rod Lift) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 16: Global: Artificial Lift System (Rod Lift) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 17: Global: Artificial Lift System (Hydraulic Pumps) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 18: Global: Artificial Lift System (Hydraulic Pumps) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 19: Global: Artificial Lift System (Other Lift Types) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 20: Global: Artificial Lift System (Other Lift Types) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 21: Global: Artificial Lift System (Horizontal) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 22: Global: Artificial Lift System (Horizontal) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 23: Global: Artificial Lift System (Vertical) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 24: Global: Artificial Lift System (Vertical) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 25: Global: Artificial Lift System (Gas Assisted) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 26: Global: Artificial Lift System (Gas Assisted) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 27: Global: Artificial Lift System (Pump Assisted) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 28: Global: Artificial Lift System (Pump Assisted) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 29: Global: Artificial Lift System (Offshore) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 30: Global: Artificial Lift System (Offshore) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 31: Global: Artificial Lift System (Onshore) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 32: Global: Artificial Lift System (Onshore) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 33: North America: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 34: North America: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 35: United States: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 36: United States: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 37: Canada: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 38: Canada: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 39: Asia-Pacific: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 40: Asia-Pacific: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 41: China: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 42: China: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 43: Japan: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 44: Japan: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 45: India: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 46: India: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 47: South Korea: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 48: South Korea: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 49: Australia: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 50: Australia: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 51: Indonesia: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 52: Indonesia: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 53: Others: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 54: Others: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 55: Europe: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 56: Europe: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 57: Germany: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 58: Germany: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 59: France: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 60: France: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 61: United Kingdom: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 62: United Kingdom: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 63: Italy: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 64: Italy: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 65: Spain: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 66: Spain: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 67: Russia: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 68: Russia: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 69: Others: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 70: Others: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 71: Latin America: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 72: Latin America: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 73: Brazil: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 74: Brazil: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 75: Mexico: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 76: Mexico: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 77: Others: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 78: Others: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 79: Middle East and Africa: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 80: Middle East and Africa: Artificial Lift System Market: Breakup by Country (in %), 2023
  • Figure 81: Middle East and Africa: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 82: Global: Artificial Lift System Industry: SWOT Analysis
  • Figure 83: Global: Artificial Lift System Industry: Value Chain Analysis
  • Figure 84: Global: Artificial Lift System Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Artificial Lift System Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Artificial Lift System Market Forecast: Breakup by Lift Type (in Million US$), 2024-2032
  • Table 3: Global: Artificial Lift System Market Forecast: Breakup by Well Type (in Million US$), 2024-2032
  • Table 4: Global: Artificial Lift System Market Forecast: Breakup by Mechanism (in Million US$), 2024-2032
  • Table 5: Global: Artificial Lift System Market Forecast: Breakup by Application (in Million US$), 2024-2032
  • Table 6: Global: Artificial Lift System Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 7: Global: Artificial Lift System Market: Competitive Structure
  • Table 8: Global: Artificial Lift System Market: Key Players