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Artificial Lift Pumps-Global Market Insights and Sales Trends 2025
Synopsis
Artificial lift pumps are used in oil wells to increase the pressure within the reservoir and encourage oil to move to the surface. When the natural force of the well is not strong enough to push the oil to the surface, an artificial lift pump is employed. Globally, more than 70 percent of oil wells have lost natural pressure and are in their mature phase.
The global Artificial Lift Pumps market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Artificial Lift Pumps in various end use industries. The expanding demands from the Onshore and Offshore, are propelling Artificial Lift Pumps market. Electric Submersible Pump (ESP), 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 Rod Pump segment is estimated at % CAGR for the next seven-year period.
The Global Artificial Lift Pumps market includes the following major product segments: ESP Systems, Rod Lift Systems, PCP Systems, Gas Lift Systems, Plunger Lift Systems, Hydraulic Lift Systems, and Others.
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 Pumps, 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 Pumps 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 Pumps market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Artificial Lift Pumps 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 Pumps covered in this report include GE(Baker Hughes), Dover, GE-Alstom Grid, Schlumberger, Weatherford, Aker Solutions, Petrofac, Technip and Transocean, etc.
The global Artificial Lift Pumps market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GE(Baker Hughes)
Dover
GE-Alstom Grid
Schlumberger
Weatherford
Aker Solutions
Petrofac
Technip
Transocean
Global Artificial Lift Pumps 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 Pumps market, Segment by Type:
Electric Submersible Pump (ESP)
Rod Pump
Progressive Cavity Pump (PCP)
Plunger Lift
Hydraulic Piston Pump
Global Artificial Lift Pumps 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 Pumps 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 Pumps 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 pumps are used in oil wells to increase the pressure within the reservoir and encourage oil to move to the surface. When the natural force of the well is not strong enough to push the oil to the surface, an artificial lift pump is employed. Globally, more than 70 percent of oil wells have lost natural pressure and are in their mature phase.
The global Artificial Lift Pumps market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Artificial Lift Pumps in various end use industries. The expanding demands from the Onshore and Offshore, are propelling Artificial Lift Pumps market. Electric Submersible Pump (ESP), 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 Rod Pump segment is estimated at % CAGR for the next seven-year period.
The Global Artificial Lift Pumps market includes the following major product segments: ESP Systems, Rod Lift Systems, PCP Systems, Gas Lift Systems, Plunger Lift Systems, Hydraulic Lift Systems, and Others.
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 Pumps, 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 Pumps 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 Pumps market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Artificial Lift Pumps 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 Pumps covered in this report include GE(Baker Hughes), Dover, GE-Alstom Grid, Schlumberger, Weatherford, Aker Solutions, Petrofac, Technip and Transocean, etc.
The global Artificial Lift Pumps market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GE(Baker Hughes)
Dover
GE-Alstom Grid
Schlumberger
Weatherford
Aker Solutions
Petrofac
Technip
Transocean
Global Artificial Lift Pumps 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 Pumps market, Segment by Type:
Electric Submersible Pump (ESP)
Rod Pump
Progressive Cavity Pump (PCP)
Plunger Lift
Hydraulic Piston Pump
Global Artificial Lift Pumps 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 Pumps 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 Pumps 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 Pumps Market Overview
1.1 Artificial Lift Pumps Product Overview
1.2 Artificial Lift Pumps Market Segment by Type
1.2.1 Electric Submersible Pump (ESP)
1.2.2 Rod Pump
1.2.3 Progressive Cavity Pump (PCP)
1.2.4 Plunger Lift
1.2.5 Hydraulic Piston Pump
1.3 Global Artificial Lift Pumps Market Size by Type
1.3.1 Global Artificial Lift Pumps Market Size Overview by Type (2018-2029)
1.3.2 Global Artificial Lift Pumps Historic Market Size Review by Type (2018-2023)
1.3.3 Global Artificial Lift Pumps Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Artificial Lift Pumps Sales Breakdown by Type (2018-2023)
1.4.2 Europe Artificial Lift Pumps Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Artificial Lift Pumps Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Artificial Lift Pumps Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Artificial Lift Pumps Sales Breakdown by Type (2018-2023)
2 Global Artificial Lift Pumps Market Competition by Company
2.1 Global Top Players by Artificial Lift Pumps Sales (2018-2023)
2.2 Global Top Players by Artificial Lift Pumps Revenue (2018-2023)
2.3 Global Top Players by Artificial Lift Pumps Price (2018-2023)
2.4 Global Top Manufacturers Artificial Lift Pumps Manufacturing Base Distribution, Sales Area, Product Type
2.5 Artificial Lift Pumps Market Competitive Situation and Trends
2.5.1 Artificial Lift Pumps Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Artificial Lift Pumps 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 Pumps as of 2022)
2.7 Date of Key Manufacturers Enter into Artificial Lift Pumps Market
2.8 Key Manufacturers Artificial Lift Pumps Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Artificial Lift Pumps Status and Outlook by Region
3.1 Global Artificial Lift Pumps Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Artificial Lift Pumps Historic Market Size by Region
3.2.1 Global Artificial Lift Pumps Sales in Volume by Region (2018-2023)
3.2.2 Global Artificial Lift Pumps Sales in Value by Region (2018-2023)
3.2.3 Global Artificial Lift Pumps Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Artificial Lift Pumps Forecasted Market Size by Region
3.3.1 Global Artificial Lift Pumps Sales in Volume by Region (2024-2029)
3.3.2 Global Artificial Lift Pumps Sales in Value by Region (2024-2029)
3.3.3 Global Artificial Lift Pumps Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Artificial Lift Pumps by Application
4.1 Artificial Lift Pumps Market Segment by Application
4.1.1 Onshore
4.1.2 Offshore
4.2 Global Artificial Lift Pumps Market Size by Application
4.2.1 Global Artificial Lift Pumps Market Size Overview by Application (2018-2029)
4.2.2 Global Artificial Lift Pumps Historic Market Size Review by Application (2018-2023)
4.2.3 Global Artificial Lift Pumps Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Artificial Lift Pumps Sales Breakdown by Application (2018-2023)
4.3.2 Europe Artificial Lift Pumps Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Artificial Lift Pumps Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Artificial Lift Pumps Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Artificial Lift Pumps Sales Breakdown by Application (2018-2023)
5 North America Artificial Lift Pumps by Country
5.1 North America Artificial Lift Pumps Historic Market Size by Country
5.1.1 North America Artificial Lift Pumps Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Artificial Lift Pumps Sales in Volume by Country (2018-2023)
5.1.3 North America Artificial Lift Pumps Sales in Value by Country (2018-2023)
5.2 North America Artificial Lift Pumps Forecasted Market Size by Country
5.2.1 North America Artificial Lift Pumps Sales in Volume by Country (2024-2029)
5.2.2 North America Artificial Lift Pumps Sales in Value by Country (2024-2029)
6 Europe Artificial Lift Pumps by Country
6.1 Europe Artificial Lift Pumps Historic Market Size by Country
6.1.1 Europe Artificial Lift Pumps Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Artificial Lift Pumps Sales in Volume by Country (2018-2023)
6.1.3 Europe Artificial Lift Pumps Sales in Value by Country (2018-2023)
6.2 Europe Artificial Lift Pumps Forecasted Market Size by Country
6.2.1 Europe Artificial Lift Pumps Sales in Volume by Country (2024-2029)
6.2.2 Europe Artificial Lift Pumps Sales in Value by Country (2024-2029)
7 Asia-Pacific Artificial Lift Pumps by Region
7.1 Asia-Pacific Artificial Lift Pumps Historic Market Size by Region
7.1.1 Asia-Pacific Artificial Lift Pumps Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Artificial Lift Pumps Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Artificial Lift Pumps Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Artificial Lift Pumps Forecasted Market Size by Region
7.2.1 Asia-Pacific Artificial Lift Pumps Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Artificial Lift Pumps Sales in Value by Region (2024-2029)
8 Latin America Artificial Lift Pumps by Country
8.1 Latin America Artificial Lift Pumps Historic Market Size by Country
8.1.1 Latin America Artificial Lift Pumps Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Artificial Lift Pumps Sales in Volume by Country (2018-2023)
8.1.3 Latin America Artificial Lift Pumps Sales in Value by Country (2018-2023)
8.2 Latin America Artificial Lift Pumps Forecasted Market Size by Country
8.2.1 Latin America Artificial Lift Pumps Sales in Volume by Country (2024-2029)
8.2.2 Latin America Artificial Lift Pumps Sales in Value by Country (2024-2029)
9 Middle East and Africa Artificial Lift Pumps by Country
9.1 Middle East and Africa Artificial Lift Pumps Historic Market Size by Country
9.1.1 Middle East and Africa Artificial Lift Pumps Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Artificial Lift Pumps Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Artificial Lift Pumps Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Artificial Lift Pumps Forecasted Market Size by Country
9.2.1 Middle East and Africa Artificial Lift Pumps Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Artificial Lift Pumps Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 GE(Baker Hughes)
10.1.1 GE(Baker Hughes) Company Information
10.1.2 GE(Baker Hughes) Introduction and Business Overview
10.1.3 GE(Baker Hughes) Artificial Lift Pumps Sales, Revenue and Gross Margin (2018-2023)
10.1.4 GE(Baker Hughes) Artificial Lift Pumps Products Offered
10.1.5 GE(Baker Hughes) Recent Development
10.2 Dover
10.2.1 Dover Company Information
10.2.2 Dover Introduction and Business Overview
10.2.3 Dover Artificial Lift Pumps Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Dover Artificial Lift Pumps Products Offered
10.2.5 Dover Recent Development
10.3 GE-Alstom Grid
10.3.1 GE-Alstom Grid Company Information
10.3.2 GE-Alstom Grid Introduction and Business Overview
10.3.3 GE-Alstom Grid Artificial Lift Pumps Sales, Revenue and Gross Margin (2018-2023)
10.3.4 GE-Alstom Grid Artificial Lift Pumps Products Offered
10.3.5 GE-Alstom Grid Recent Development
10.4 Schlumberger
10.4.1 Schlumberger Company Information
10.4.2 Schlumberger Introduction and Business Overview
10.4.3 Schlumberger Artificial Lift Pumps Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Schlumberger Artificial Lift Pumps Products Offered
10.4.5 Schlumberger Recent Development
10.5 Weatherford
10.5.1 Weatherford Company Information
10.5.2 Weatherford Introduction and Business Overview
10.5.3 Weatherford Artificial Lift Pumps Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Weatherford Artificial Lift Pumps Products Offered
10.5.5 Weatherford Recent Development
10.6 Aker Solutions
10.6.1 Aker Solutions Company Information
10.6.2 Aker Solutions Introduction and Business Overview
10.6.3 Aker Solutions Artificial Lift Pumps Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Aker Solutions Artificial Lift Pumps Products Offered
10.6.5 Aker Solutions Recent Development
10.7 Petrofac
10.7.1 Petrofac Company Information
10.7.2 Petrofac Introduction and Business Overview
10.7.3 Petrofac Artificial Lift Pumps Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Petrofac Artificial Lift Pumps Products Offered
10.7.5 Petrofac Recent Development
10.8 Technip
10.8.1 Technip Company Information
10.8.2 Technip Introduction and Business Overview
10.8.3 Technip Artificial Lift Pumps Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Technip Artificial Lift Pumps Products Offered
10.8.5 Technip Recent Development
10.9 Transocean
10.9.1 Transocean Company Information
10.9.2 Transocean Introduction and Business Overview
10.9.3 Transocean Artificial Lift Pumps Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Transocean Artificial Lift Pumps Products Offered
10.9.5 Transocean Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Artificial Lift Pumps 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 Pumps Industrial Chain Analysis
11.4 Artificial Lift Pumps Market Dynamics
11.4.1 Artificial Lift Pumps Industry Trends
11.4.2 Artificial Lift Pumps Market Drivers
11.4.3 Artificial Lift Pumps Market Challenges
11.4.4 Artificial Lift Pumps Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Artificial Lift Pumps Distributors
12.3 Artificial Lift Pumps 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
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