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Global Artificial Lift Market Research Report 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 was valued at US$ 10900 million in 2023 and is anticipated to reach US$ 13730 million by 2030, witnessing a CAGR of 3.3% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Artificial Lift, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Artificial Lift.
Report Scope
The Artificial Lift market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Artificial Lift market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Artificial Lift manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Weatherford
Schlumberger
General Electric
GE(Baker Hughes)
Halliburton
Dover
National Oilwell Varco
Borets
Cameron
Novomet
Segment by Type
Rod Lift
ESP
PCP
Hydraulic Pumps
Gas Lift
Plunger Lift
Others
Segment by Application
Onshore
Offshore
Production by Region
North America
Europe
Latin America
Mid East & Africa
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Artificial Lift manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Artificial Lift by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Artificial Lift in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
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 was valued at US$ 10900 million in 2023 and is anticipated to reach US$ 13730 million by 2030, witnessing a CAGR of 3.3% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Artificial Lift, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Artificial Lift.
Report Scope
The Artificial Lift market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Artificial Lift market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Artificial Lift manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Weatherford
Schlumberger
General Electric
GE(Baker Hughes)
Halliburton
Dover
National Oilwell Varco
Borets
Cameron
Novomet
Segment by Type
Rod Lift
ESP
PCP
Hydraulic Pumps
Gas Lift
Plunger Lift
Others
Segment by Application
Onshore
Offshore
Production by Region
North America
Europe
Latin America
Mid East & Africa
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Artificial Lift manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Artificial Lift by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Artificial Lift in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Artificial Lift Market Overview
1.1 Product Definition
1.2 Artificial Lift Segment by Type
1.2.1 Global Artificial Lift Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Rod Lift
1.2.3 ESP
1.2.4 PCP
1.2.5 Hydraulic Pumps
1.2.6 Gas Lift
1.2.7 Plunger Lift
1.2.8 Others
1.3 Artificial Lift Segment by Application
1.3.1 Global Artificial Lift Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Onshore
1.3.3 Offshore
1.4 Global Market Growth Prospects
1.4.1 Global Artificial Lift Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Artificial Lift Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Artificial Lift Production Estimates and Forecasts (2019-2030)
1.4.4 Global Artificial Lift Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Artificial Lift Production Market Share by Manufacturers (2019-2024)
2.2 Global Artificial Lift Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Artificial Lift, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Artificial Lift Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Artificial Lift Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Artificial Lift, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Artificial Lift, Product Offered and Application
2.8 Global Key Manufacturers of Artificial Lift, Date of Enter into This Industry
2.9 Artificial Lift Market Competitive Situation and Trends
2.9.1 Artificial Lift Market Concentration Rate
2.9.2 Global 5 and 10 Largest Artificial Lift Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Artificial Lift Production by Region
3.1 Global Artificial Lift Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Artificial Lift Production Value by Region (2019-2030)
3.2.1 Global Artificial Lift Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Artificial Lift by Region (2025-2030)
3.3 Global Artificial Lift Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Artificial Lift Production by Region (2019-2030)
3.4.1 Global Artificial Lift Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Artificial Lift by Region (2025-2030)
3.5 Global Artificial Lift Market Price Analysis by Region (2019-2024)
3.6 Global Artificial Lift Production and Value, Year-over-Year Growth
3.6.1 North America Artificial Lift Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Artificial Lift Production Value Estimates and Forecasts (2019-2030)
3.6.3 Latin America Artificial Lift Production Value Estimates and Forecasts (2019-2030)
3.6.4 Mid East & Africa Artificial Lift Production Value Estimates and Forecasts (2019-2030)
4 Artificial Lift Consumption by Region
4.1 Global Artificial Lift Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Artificial Lift Consumption by Region (2019-2030)
4.2.1 Global Artificial Lift Consumption by Region (2019-2024)
4.2.2 Global Artificial Lift Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Artificial Lift Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Artificial Lift Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Artificial Lift Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Artificial Lift Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Artificial Lift Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Artificial Lift Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Artificial Lift Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Artificial Lift Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Artificial Lift Production by Type (2019-2030)
5.1.1 Global Artificial Lift Production by Type (2019-2024)
5.1.2 Global Artificial Lift Production by Type (2025-2030)
5.1.3 Global Artificial Lift Production Market Share by Type (2019-2030)
5.2 Global Artificial Lift Production Value by Type (2019-2030)
5.2.1 Global Artificial Lift Production Value by Type (2019-2024)
5.2.2 Global Artificial Lift Production Value by Type (2025-2030)
5.2.3 Global Artificial Lift Production Value Market Share by Type (2019-2030)
5.3 Global Artificial Lift Price by Type (2019-2030)
6 Segment by Application
6.1 Global Artificial Lift Production by Application (2019-2030)
6.1.1 Global Artificial Lift Production by Application (2019-2024)
6.1.2 Global Artificial Lift Production by Application (2025-2030)
6.1.3 Global Artificial Lift Production Market Share by Application (2019-2030)
6.2 Global Artificial Lift Production Value by Application (2019-2030)
6.2.1 Global Artificial Lift Production Value by Application (2019-2024)
6.2.2 Global Artificial Lift Production Value by Application (2025-2030)
6.2.3 Global Artificial Lift Production Value Market Share by Application (2019-2030)
6.3 Global Artificial Lift Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Weatherford
7.1.1 Weatherford Artificial Lift Corporation Information
7.1.2 Weatherford Artificial Lift Product Portfolio
7.1.3 Weatherford Artificial Lift Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Weatherford Main Business and Markets Served
7.1.5 Weatherford Recent Developments/Updates
7.2 Schlumberger
7.2.1 Schlumberger Artificial Lift Corporation Information
7.2.2 Schlumberger Artificial Lift Product Portfolio
7.2.3 Schlumberger Artificial Lift Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Schlumberger Main Business and Markets Served
7.2.5 Schlumberger Recent Developments/Updates
7.3 General Electric
7.3.1 General Electric Artificial Lift Corporation Information
7.3.2 General Electric Artificial Lift Product Portfolio
7.3.3 General Electric Artificial Lift Production, Value, Price and Gross Margin (2019-2024)
7.3.4 General Electric Main Business and Markets Served
7.3.5 General Electric Recent Developments/Updates
7.4 GE(Baker Hughes)
7.4.1 GE(Baker Hughes) Artificial Lift Corporation Information
7.4.2 GE(Baker Hughes) Artificial Lift Product Portfolio
7.4.3 GE(Baker Hughes) Artificial Lift Production, Value, Price and Gross Margin (2019-2024)
7.4.4 GE(Baker Hughes) Main Business and Markets Served
7.4.5 GE(Baker Hughes) Recent Developments/Updates
7.5 Halliburton
7.5.1 Halliburton Artificial Lift Corporation Information
7.5.2 Halliburton Artificial Lift Product Portfolio
7.5.3 Halliburton Artificial Lift Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Halliburton Main Business and Markets Served
7.5.5 Halliburton Recent Developments/Updates
7.6 Dover
7.6.1 Dover Artificial Lift Corporation Information
7.6.2 Dover Artificial Lift Product Portfolio
7.6.3 Dover Artificial Lift Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Dover Main Business and Markets Served
7.6.5 Dover Recent Developments/Updates
7.7 National Oilwell Varco
7.7.1 National Oilwell Varco Artificial Lift Corporation Information
7.7.2 National Oilwell Varco Artificial Lift Product Portfolio
7.7.3 National Oilwell Varco Artificial Lift Production, Value, Price and Gross Margin (2019-2024)
7.7.4 National Oilwell Varco Main Business and Markets Served
7.7.5 National Oilwell Varco Recent Developments/Updates
7.8 Borets
7.8.1 Borets Artificial Lift Corporation Information
7.8.2 Borets Artificial Lift Product Portfolio
7.8.3 Borets Artificial Lift Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Borets Main Business and Markets Served
7.7.5 Borets Recent Developments/Updates
7.9 Cameron
7.9.1 Cameron Artificial Lift Corporation Information
7.9.2 Cameron Artificial Lift Product Portfolio
7.9.3 Cameron Artificial Lift Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Cameron Main Business and Markets Served
7.9.5 Cameron Recent Developments/Updates
7.10 Novomet
7.10.1 Novomet Artificial Lift Corporation Information
7.10.2 Novomet Artificial Lift Product Portfolio
7.10.3 Novomet Artificial Lift Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Novomet Main Business and Markets Served
7.10.5 Novomet Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Artificial Lift Industry Chain Analysis
8.2 Artificial Lift Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Artificial Lift Production Mode & Process
8.4 Artificial Lift Sales and Marketing
8.4.1 Artificial Lift Sales Channels
8.4.2 Artificial Lift Distributors
8.5 Artificial Lift Customers
9 Artificial Lift Market Dynamics
9.1 Artificial Lift Industry Trends
9.2 Artificial Lift Market Drivers
9.3 Artificial Lift Market Challenges
9.4 Artificial Lift Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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