The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Artificial Lift-Global Market Insights and Sales Trends 2025
Synopsis
Artificial lift is a method used to lower the producing bottomhole pressure (BHP) on the formation to obtain a higher production rate from the well. This can be done with a positive-displacement downhole pump, such as a beam pump or a progressive cavity pump (PCP), to lower the flowing pressure at the pump intake. It also can be done with a downhole centrifugal pump, which could be a part of an electrical submersible pump (ESP) system. Most oil wells require artificial lift at some point in the life of the field, and many gas wells benefit from artificial lift to take liquids off the formation so gas can flow at a higher rate.
The global Artificial Lift market size is expected to reach US$ 13730 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Artificial Lift in various end use industries. The expanding demands from the Onshore and Offshore, are propelling Artificial Lift market. Rod Lift, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the ESP segment is estimated at % CAGR for the next seven-year period.
The major players in global Artificial Lift market include Weatherford, Schlumberger, General Electric, etc. The top 3 players occupy about 50% shares of the global market. North America is the main market, and occupies over 60% of the global market. ESP is the main type, with a share about 45%. Onshore and Offshore are main applications.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Artificial Lift, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Artificial Lift market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Artificial Lift market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Artificial Lift sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Artificial Lift covered in this report include Weatherford, Schlumberger, General Electric, GE(Baker Hughes), Halliburton, Dover, National Oilwell Varco, Borets and Cameron, etc.
The global Artificial Lift market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Weatherford
Schlumberger
General Electric
GE(Baker Hughes)
Halliburton
Dover
National Oilwell Varco
Borets
Cameron
Novomet
Global Artificial Lift market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Artificial Lift market, Segment by Type:
Rod Lift
ESP
PCP
Hydraulic Pumps
Gas Lift
Plunger Lift
Others
Global Artificial Lift market, by Application
Onshore
Offshore
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Artificial Lift manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Artificial Lift in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Artificial lift is a method used to lower the producing bottomhole pressure (BHP) on the formation to obtain a higher production rate from the well. This can be done with a positive-displacement downhole pump, such as a beam pump or a progressive cavity pump (PCP), to lower the flowing pressure at the pump intake. It also can be done with a downhole centrifugal pump, which could be a part of an electrical submersible pump (ESP) system. Most oil wells require artificial lift at some point in the life of the field, and many gas wells benefit from artificial lift to take liquids off the formation so gas can flow at a higher rate.
The global Artificial Lift market size is expected to reach US$ 13730 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Artificial Lift in various end use industries. The expanding demands from the Onshore and Offshore, are propelling Artificial Lift market. Rod Lift, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the ESP segment is estimated at % CAGR for the next seven-year period.
The major players in global Artificial Lift market include Weatherford, Schlumberger, General Electric, etc. The top 3 players occupy about 50% shares of the global market. North America is the main market, and occupies over 60% of the global market. ESP is the main type, with a share about 45%. Onshore and Offshore are main applications.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Artificial Lift, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Artificial Lift market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Artificial Lift market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Artificial Lift sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Artificial Lift covered in this report include Weatherford, Schlumberger, General Electric, GE(Baker Hughes), Halliburton, Dover, National Oilwell Varco, Borets and Cameron, etc.
The global Artificial Lift market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Weatherford
Schlumberger
General Electric
GE(Baker Hughes)
Halliburton
Dover
National Oilwell Varco
Borets
Cameron
Novomet
Global Artificial Lift market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Artificial Lift market, Segment by Type:
Rod Lift
ESP
PCP
Hydraulic Pumps
Gas Lift
Plunger Lift
Others
Global Artificial Lift market, by Application
Onshore
Offshore
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Artificial Lift manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Artificial Lift in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Artificial Lift Market Overview
1.1 Artificial Lift Product Overview
1.2 Artificial Lift Market Segment by Type
1.2.1 Rod Lift
1.2.2 ESP
1.2.3 PCP
1.2.4 Hydraulic Pumps
1.2.5 Gas Lift
1.2.6 Plunger Lift
1.2.7 Others
1.3 Global Artificial Lift Market Size by Type
1.3.1 Global Artificial Lift Market Size Overview by Type (2018-2029)
1.3.2 Global Artificial Lift Historic Market Size Review by Type (2018-2023)
1.3.3 Global Artificial Lift Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Artificial Lift Sales Breakdown by Type (2018-2023)
1.4.2 Europe Artificial Lift Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Artificial Lift Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Artificial Lift Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Artificial Lift Sales Breakdown by Type (2018-2023)
2 Global Artificial Lift Market Competition by Company
2.1 Global Top Players by Artificial Lift Sales (2018-2023)
2.2 Global Top Players by Artificial Lift Revenue (2018-2023)
2.3 Global Top Players by Artificial Lift Price (2018-2023)
2.4 Global Top Manufacturers Artificial Lift Manufacturing Base Distribution, Sales Area, Product Type
2.5 Artificial Lift Market Competitive Situation and Trends
2.5.1 Artificial Lift Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Artificial Lift Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Artificial Lift as of 2022)
2.7 Date of Key Manufacturers Enter into Artificial Lift Market
2.8 Key Manufacturers Artificial Lift Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Artificial Lift Status and Outlook by Region
3.1 Global Artificial Lift Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Artificial Lift Historic Market Size by Region
3.2.1 Global Artificial Lift Sales in Volume by Region (2018-2023)
3.2.2 Global Artificial Lift Sales in Value by Region (2018-2023)
3.2.3 Global Artificial Lift Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Artificial Lift Forecasted Market Size by Region
3.3.1 Global Artificial Lift Sales in Volume by Region (2024-2029)
3.3.2 Global Artificial Lift Sales in Value by Region (2024-2029)
3.3.3 Global Artificial Lift Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Artificial Lift by Application
4.1 Artificial Lift Market Segment by Application
4.1.1 Onshore
4.1.2 Offshore
4.2 Global Artificial Lift Market Size by Application
4.2.1 Global Artificial Lift Market Size Overview by Application (2018-2029)
4.2.2 Global Artificial Lift Historic Market Size Review by Application (2018-2023)
4.2.3 Global Artificial Lift Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Artificial Lift Sales Breakdown by Application (2018-2023)
4.3.2 Europe Artificial Lift Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Artificial Lift Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Artificial Lift Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Artificial Lift Sales Breakdown by Application (2018-2023)
5 North America Artificial Lift by Country
5.1 North America Artificial Lift Historic Market Size by Country
5.1.1 North America Artificial Lift Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Artificial Lift Sales in Volume by Country (2018-2023)
5.1.3 North America Artificial Lift Sales in Value by Country (2018-2023)
5.2 North America Artificial Lift Forecasted Market Size by Country
5.2.1 North America Artificial Lift Sales in Volume by Country (2024-2029)
5.2.2 North America Artificial Lift Sales in Value by Country (2024-2029)
6 Europe Artificial Lift by Country
6.1 Europe Artificial Lift Historic Market Size by Country
6.1.1 Europe Artificial Lift Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Artificial Lift Sales in Volume by Country (2018-2023)
6.1.3 Europe Artificial Lift Sales in Value by Country (2018-2023)
6.2 Europe Artificial Lift Forecasted Market Size by Country
6.2.1 Europe Artificial Lift Sales in Volume by Country (2024-2029)
6.2.2 Europe Artificial Lift Sales in Value by Country (2024-2029)
7 Asia-Pacific Artificial Lift by Region
7.1 Asia-Pacific Artificial Lift Historic Market Size by Region
7.1.1 Asia-Pacific Artificial Lift Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Artificial Lift Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Artificial Lift Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Artificial Lift Forecasted Market Size by Region
7.2.1 Asia-Pacific Artificial Lift Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Artificial Lift Sales in Value by Region (2024-2029)
8 Latin America Artificial Lift by Country
8.1 Latin America Artificial Lift Historic Market Size by Country
8.1.1 Latin America Artificial Lift Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Artificial Lift Sales in Volume by Country (2018-2023)
8.1.3 Latin America Artificial Lift Sales in Value by Country (2018-2023)
8.2 Latin America Artificial Lift Forecasted Market Size by Country
8.2.1 Latin America Artificial Lift Sales in Volume by Country (2024-2029)
8.2.2 Latin America Artificial Lift Sales in Value by Country (2024-2029)
9 Middle East and Africa Artificial Lift by Country
9.1 Middle East and Africa Artificial Lift Historic Market Size by Country
9.1.1 Middle East and Africa Artificial Lift Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Artificial Lift Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Artificial Lift Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Artificial Lift Forecasted Market Size by Country
9.2.1 Middle East and Africa Artificial Lift Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Artificial Lift Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Weatherford
10.1.1 Weatherford Company Information
10.1.2 Weatherford Introduction and Business Overview
10.1.3 Weatherford Artificial Lift Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Weatherford Artificial Lift Products Offered
10.1.5 Weatherford Recent Development
10.2 Schlumberger
10.2.1 Schlumberger Company Information
10.2.2 Schlumberger Introduction and Business Overview
10.2.3 Schlumberger Artificial Lift Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Schlumberger Artificial Lift Products Offered
10.2.5 Schlumberger Recent Development
10.3 General Electric
10.3.1 General Electric Company Information
10.3.2 General Electric Introduction and Business Overview
10.3.3 General Electric Artificial Lift Sales, Revenue and Gross Margin (2018-2023)
10.3.4 General Electric Artificial Lift Products Offered
10.3.5 General Electric Recent Development
10.4 GE(Baker Hughes)
10.4.1 GE(Baker Hughes) Company Information
10.4.2 GE(Baker Hughes) Introduction and Business Overview
10.4.3 GE(Baker Hughes) Artificial Lift Sales, Revenue and Gross Margin (2018-2023)
10.4.4 GE(Baker Hughes) Artificial Lift Products Offered
10.4.5 GE(Baker Hughes) Recent Development
10.5 Halliburton
10.5.1 Halliburton Company Information
10.5.2 Halliburton Introduction and Business Overview
10.5.3 Halliburton Artificial Lift Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Halliburton Artificial Lift Products Offered
10.5.5 Halliburton Recent Development
10.6 Dover
10.6.1 Dover Company Information
10.6.2 Dover Introduction and Business Overview
10.6.3 Dover Artificial Lift Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Dover Artificial Lift Products Offered
10.6.5 Dover Recent Development
10.7 National Oilwell Varco
10.7.1 National Oilwell Varco Company Information
10.7.2 National Oilwell Varco Introduction and Business Overview
10.7.3 National Oilwell Varco Artificial Lift Sales, Revenue and Gross Margin (2018-2023)
10.7.4 National Oilwell Varco Artificial Lift Products Offered
10.7.5 National Oilwell Varco Recent Development
10.8 Borets
10.8.1 Borets Company Information
10.8.2 Borets Introduction and Business Overview
10.8.3 Borets Artificial Lift Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Borets Artificial Lift Products Offered
10.8.5 Borets Recent Development
10.9 Cameron
10.9.1 Cameron Company Information
10.9.2 Cameron Introduction and Business Overview
10.9.3 Cameron Artificial Lift Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Cameron Artificial Lift Products Offered
10.9.5 Cameron Recent Development
10.10 Novomet
10.10.1 Novomet Company Information
10.10.2 Novomet Introduction and Business Overview
10.10.3 Novomet Artificial Lift Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Novomet Artificial Lift Products Offered
10.10.5 Novomet Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Artificial Lift Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Artificial Lift Industrial Chain Analysis
11.4 Artificial Lift Market Dynamics
11.4.1 Artificial Lift Industry Trends
11.4.2 Artificial Lift Market Drivers
11.4.3 Artificial Lift Market Challenges
11.4.4 Artificial Lift Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Artificial Lift Distributors
12.3 Artificial Lift Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Industrial Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
