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市場調查報告書
商品編碼
1520470

2024-2032年人工採油系統市場報告(按舉升類型(電動潛水泵、螺桿泵、氣舉、桿舉升、液壓泵等)、井類型、機制、應用和地區)

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個工作天內

價格

2023年,全球IMARC Group舉升系統市場規模達232億美元。由於油氣井老化導致天然儲層壓力下降、全球能源需求不斷成長、環境和成本問題不斷升級以及人工採油系統技術的不斷進步是推動市場的主要因素。

人工採油系統在提高石油和天然氣生產率方面發揮關鍵作用,特別是在壓力不足以將碳氫化合物驅至地面的油藏。當儲層壓力不足以達到最佳開採時,這些系統會機械地增加原油或天然氣的流量。通常採用氣舉、電動潛水泵和桿舉升系統等方法來實現這一目標。透過人為增加井眼內的壓力,這些技術能夠更有效地回收碳氫化合物,從而使低壓油藏的生產在經濟上可行。因此,人工採油系統的實施確保了石油和天然氣營運的長期獲利能力和永續性。因此,人工採油系統作為最佳化生產的關鍵要素,在石油和天然氣產業中獲得了巨大的關注,從而有助於能源供應的整體穩定性和安全性。

全球能源需求不斷上升,加上油氣井老化,將刺激預測期內人工採油系統市場的成長。此外,隨著更嚴格的法規推動石油和天然氣產業採取更永續的做法,環境因素日益受到重視。因此,旨在透過減少能源消耗和排放來最大限度地減少環境影響的人工採油系統受到高度青睞,這反過來又擴大了環保技術的市場機會。此外,由於環境和成本問題,人們越來越關注最大限度地回收現有儲量,而不是探索新地點。這種轉變優先考慮人工採油系統等技術,以最佳化現有水庫的產量,從而推動市場成長。此外,地緣政治因素(例如主要產油地區的穩定性)正在對市場成長產生積極影響,因為它們允許對包括人工採油系統在內的開採技術進行持續投資。同時,該產業對數位轉型的開放態度正在推動人工智慧 (AI) 和資料分析與人工舉陞技術的整合。這些進步可以實現預測性維護和更有效率的營運,同時減少停機時間和營運成本,促進市場成長。

人工採油系統市場趨勢/促進因素:

天然儲層壓力下降

推動全球人工採油系統市場的最關鍵因素之一是老化油氣井自然壓力的下降。隨著油藏的成熟,其將碳氫化合物推至地表的內在能力會減弱,因此需要外部援助來維持生產力。這種情況在老油田和新發現的固有低壓油藏中都很常見。天然水庫壓力的下降使得人工採油系統的功能不可或缺。它們的採用確保了石油和天然氣的經濟可行的開採,從而延長了油井的生產壽命。因此,人工採油系統已被廣泛應用,將原本無利可圖的油藏轉變為創收資產,使其成為碳氫化合物生產企業長期獲利和永續發展的關鍵組成部分。

全球能源需求不斷成長

在工業化和城市化水平提高的推動下,全球石油和天然氣需求大幅成長,是另一個主要的成長誘因。隨著經濟的擴張,特別是新興市場的經濟擴張,石油和天然氣等能源消耗也隨之增加。對能源不斷成長的需求給石油和天然氣公司帶來了巨大的壓力,要求其最大限度地提高生產力。人工採油系統能夠有效回收碳氫化合物,有助於滿足全球能源需求。它們在提高產量方面的作用可以轉化為更有效地滿足市場需求,從而刺激全球人工採油系統的採用。

關鍵參與者的技術進步

技術的不斷進步使人工採油系統更有效率且更具成本效益。創新的監控系統、自動化和機器學習 (ML) 演算法的整合正在徹底改變人工採油系統的運作方式。這些創新有助於即時調整,從而最佳化效能並降低營運成本。新技術也擴大了人工採油系統有效運作的水庫條件範圍。這些技術進步正在簡化現有流程,同時為人工採油系統的應用開闢新途徑,使其更加通用並能夠適應各種開採挑戰,從而推動市場成長。

目錄

第1章:前言

第 2 章:範圍與方法

  • 研究目的
  • 利害關係人
  • 資料來源
    • 主要資源
    • 二手資料
  • 市場預測
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第 3 章:執行摘要

第 4 章:簡介

  • 概述
  • 主要行業趨勢

第 5 章:全球人工採油系統市場

  • 市場概況
  • 市場業績
  • COVID-19 的影響
  • 市場預測

第 6 章:市場區隔:依電梯類型

  • 電動潛油幫浦 (ESP)
    • 市場走向
    • 市場預測
  • 單螺桿幫浦 (PCP)
    • 市場走向
    • 市場預測
  • 氣舉
    • 市場走向
    • 市場預測
  • 拉桿升降機
    • 市場走向
    • 市場預測
  • 液壓泵浦
    • 市場走向
    • 市場預測
  • 其他
    • 市場走向
    • 市場預測

第 7 章:市場區隔:按油井類型

  • 水平的
    • 市場走向
    • 市場預測
  • 垂直的
    • 市場走向
    • 市場預測

第 8 章:市場區隔:按機制

  • 氣體輔助
    • 市場走向
    • 市場預測
  • 泵浦輔助
    • 市場走向
    • 市場預測

第 9 章:市場區隔:按應用

  • 離岸
    • 市場走向
    • 市場預測
  • 陸上
    • 市場走向
    • 市場預測

第 10 章:市場區隔:按地區

  • 北美洲
    • 美國
    • 加拿大
  • 亞太
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲
    • 市場走向
    • 市場細分:按國家/地區
    • 市場預測

第 11 章:SWOT 分析

  • 概述
  • 優勢
  • 弱點
  • 機會
  • 威脅

第 12 章:價值鏈分析

第 13 章:波特五力分析

  • 概述
  • 買家的議價能力
  • 供應商的議價能力
  • 競爭程度
  • 新進入者的威脅
  • 替代品的威脅

第 14 章:價格分析

第15章:競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • 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