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Synopsis
Electrical Submersible Pumps (ESP) are one of the most reliable and efficient ways to lift fluids to the surface, both oil and water. As the name suggests, it is submerged into the reservoir fluids and pushes the fluid to the surface. The ESP pumps can be designed to handle fluids of up to 60,000 b/d and cover various well conditions and production profiles, and generally a low cost solution for high volumes of lifting.
Submersible pump to fundamentally eliminate the phenomenon of air resistance, the use of positive pressure push the principle of a fundamental solution to the high-temperature environment, high-lift, long-range conditions, pipeline pump, volumetric pumps, vane pumps and other negative work principle of the electric pump cannot solve the problem (such as less oil, not even the drawbacks of oil).
The global Electric Submersible Pump market was valued at US$ 2998.8 million in 2023 and is anticipated to reach US$ 5343.6 million by 2030, witnessing a CAGR of 8.5% during the forecast period 2024-2030.
Russia is the largest market with about 24% revenue market share. Followed by USA, accounting for about 21% revenue market share.
The key players are Schlumberger, Borets Company, General Electric, GE (Baker Hughes), Halliburton, Canadian Advanced ESP, Lvpai, Lishen Pump, Shengli Pump etc. Top 3 companies occupied about 51% revenue market share.
This report aims to provide a comprehensive presentation of the global market for Electric Submersible Pump, 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 Electric Submersible Pump.
Report Scope
The Electric Submersible Pump market size, estimations, and forecasts are provided in terms of output/shipments (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 Electric Submersible Pump 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 Electric Submersible Pump 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
- Schlumberger
- Borets Company
- General Electric
- GE (Baker Hughes)
- Halliburton
- Canadian Advanced ESP
- Lvpai
- Lishen Pump
- Shengli Pump
Segment by Type
- Low Temperature ESP
- High Temperature ESP
Segment by Application
- Onshore
- Offshore
Production by Region
- North America
- Europe
- China
- Japan
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Netherlands)
- Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
- Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)
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 Electric Submersible Pump manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Submersible Pump 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 Electric Submersible Pump 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.
Index
1 Electric Submersible Pump Market Overview
1.1 Product Definition
1.2 Electric Submersible Pump Segment by Type
1.2.1 Global Electric Submersible Pump Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Low Temperature ESP
1.2.3 High Temperature ESP
1.3 Electric Submersible Pump Segment by Application
1.3.1 Global Electric Submersible Pump 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 Electric Submersible Pump Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Electric Submersible Pump Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Electric Submersible Pump Production Estimates and Forecasts (2019-2030)
1.4.4 Global Electric Submersible Pump Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Electric Submersible Pump Production Market Share by Manufacturers (2019-2024)
2.2 Global Electric Submersible Pump Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Electric Submersible Pump, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Electric Submersible Pump Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Electric Submersible Pump Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Electric Submersible Pump, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Electric Submersible Pump, Product Offered and Application
2.8 Global Key Manufacturers of Electric Submersible Pump, Date of Enter into This Industry
2.9 Electric Submersible Pump Market Competitive Situation and Trends
2.9.1 Electric Submersible Pump Market Concentration Rate
2.9.2 Global 5 and 10 Largest Electric Submersible Pump Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Electric Submersible Pump Production by Region
3.1 Global Electric Submersible Pump Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Electric Submersible Pump Production Value by Region (2019-2030)
3.2.1 Global Electric Submersible Pump Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Electric Submersible Pump by Region (2025-2030)
3.3 Global Electric Submersible Pump Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Electric Submersible Pump Production by Region (2019-2030)
3.4.1 Global Electric Submersible Pump Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Electric Submersible Pump by Region (2025-2030)
3.5 Global Electric Submersible Pump Market Price Analysis by Region (2019-2024)
3.6 Global Electric Submersible Pump Production and Value, Year-over-Year Growth
3.6.1 North America Electric Submersible Pump Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Electric Submersible Pump Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Electric Submersible Pump Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Electric Submersible Pump Production Value Estimates and Forecasts (2019-2030)
4 Electric Submersible Pump Consumption by Region
4.1 Global Electric Submersible Pump Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Electric Submersible Pump Consumption by Region (2019-2030)
4.2.1 Global Electric Submersible Pump Consumption by Region (2019-2024)
4.2.2 Global Electric Submersible Pump Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Electric Submersible Pump Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Electric Submersible Pump Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Electric Submersible Pump Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Electric Submersible Pump 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 Electric Submersible Pump Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Electric Submersible Pump 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 Electric Submersible Pump Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Electric Submersible Pump Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Electric Submersible Pump Production by Type (2019-2030)
5.1.1 Global Electric Submersible Pump Production by Type (2019-2024)
5.1.2 Global Electric Submersible Pump Production by Type (2025-2030)
5.1.3 Global Electric Submersible Pump Production Market Share by Type (2019-2030)
5.2 Global Electric Submersible Pump Production Value by Type (2019-2030)
5.2.1 Global Electric Submersible Pump Production Value by Type (2019-2024)
5.2.2 Global Electric Submersible Pump Production Value by Type (2025-2030)
5.2.3 Global Electric Submersible Pump Production Value Market Share by Type (2019-2030)
5.3 Global Electric Submersible Pump Price by Type (2019-2030)
6 Segment by Application
6.1 Global Electric Submersible Pump Production by Application (2019-2030)
6.1.1 Global Electric Submersible Pump Production by Application (2019-2024)
6.1.2 Global Electric Submersible Pump Production by Application (2025-2030)
6.1.3 Global Electric Submersible Pump Production Market Share by Application (2019-2030)
6.2 Global Electric Submersible Pump Production Value by Application (2019-2030)
6.2.1 Global Electric Submersible Pump Production Value by Application (2019-2024)
6.2.2 Global Electric Submersible Pump Production Value by Application (2025-2030)
6.2.3 Global Electric Submersible Pump Production Value Market Share by Application (2019-2030)
6.3 Global Electric Submersible Pump Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Schlumberger
7.1.1 Schlumberger Electric Submersible Pump Corporation Information
7.1.2 Schlumberger Electric Submersible Pump Product Portfolio
7.1.3 Schlumberger Electric Submersible Pump Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Schlumberger Main Business and Markets Served
7.1.5 Schlumberger Recent Developments/Updates
7.2 Borets Company
7.2.1 Borets Company Electric Submersible Pump Corporation Information
7.2.2 Borets Company Electric Submersible Pump Product Portfolio
7.2.3 Borets Company Electric Submersible Pump Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Borets Company Main Business and Markets Served
7.2.5 Borets Company Recent Developments/Updates
7.3 General Electric
7.3.1 General Electric Electric Submersible Pump Corporation Information
7.3.2 General Electric Electric Submersible Pump Product Portfolio
7.3.3 General Electric Electric Submersible Pump 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) Electric Submersible Pump Corporation Information
7.4.2 GE (Baker Hughes) Electric Submersible Pump Product Portfolio
7.4.3 GE (Baker Hughes) Electric Submersible Pump 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 Electric Submersible Pump Corporation Information
7.5.2 Halliburton Electric Submersible Pump Product Portfolio
7.5.3 Halliburton Electric Submersible Pump 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 Canadian Advanced ESP
7.6.1 Canadian Advanced ESP Electric Submersible Pump Corporation Information
7.6.2 Canadian Advanced ESP Electric Submersible Pump Product Portfolio
7.6.3 Canadian Advanced ESP Electric Submersible Pump Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Canadian Advanced ESP Main Business and Markets Served
7.6.5 Canadian Advanced ESP Recent Developments/Updates
7.7 Lvpai
7.7.1 Lvpai Electric Submersible Pump Corporation Information
7.7.2 Lvpai Electric Submersible Pump Product Portfolio
7.7.3 Lvpai Electric Submersible Pump Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Lvpai Main Business and Markets Served
7.7.5 Lvpai Recent Developments/Updates
7.8 Lishen Pump
7.8.1 Lishen Pump Electric Submersible Pump Corporation Information
7.8.2 Lishen Pump Electric Submersible Pump Product Portfolio
7.8.3 Lishen Pump Electric Submersible Pump Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Lishen Pump Main Business and Markets Served
7.7.5 Lishen Pump Recent Developments/Updates
7.9 Shengli Pump
7.9.1 Shengli Pump Electric Submersible Pump Corporation Information
7.9.2 Shengli Pump Electric Submersible Pump Product Portfolio
7.9.3 Shengli Pump Electric Submersible Pump Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Shengli Pump Main Business and Markets Served
7.9.5 Shengli Pump Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Electric Submersible Pump Industry Chain Analysis
8.2 Electric Submersible Pump Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Electric Submersible Pump Production Mode & Process
8.4 Electric Submersible Pump Sales and Marketing
8.4.1 Electric Submersible Pump Sales Channels
8.4.2 Electric Submersible Pump Distributors
8.5 Electric Submersible Pump Customers
9 Electric Submersible Pump Market Dynamics
9.1 Electric Submersible Pump Industry Trends
9.2 Electric Submersible Pump Market Drivers
9.3 Electric Submersible Pump Market Challenges
9.4 Electric Submersible Pump 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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