Global artificial lift market is projected to display a growth represented by a CAGR of over 4.6% during 2018 - 2023, primarily driven by rising number of rigs across the world.
The report analyses the artificial lift market for the historical period of 2013-2017 and the forecast period of 2018-2023. North America region is the biggest market in the current period and expected to lead in forecast period. In the forecast period, APAC region will witness strong growth backed by rising demand of hydrocarbon and investment in exploitation of conventional and non-conventional resources in China and India.
The global market of Artificial Lift is mainly driven by rising number of rig counts and wells completion activities in conventional and non-conventional fields. Rising demand and price of hydrocarbons led to the development in upstream sector and drive oilfield service and equipment market accompanied with artificial lift market.
The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the Global Artificial Lift Market. Additionally, the report also highlights market entry strategies for various companies across the globe.
Scope of the Report
Global Artificial Lift Market (Actual Period: 2017, Forecast Period: 2018-2023)
- Artificial Lift Market - Sizing, Growth, Forecast - Analysis By Artificial Lift Type (Beam/Rod Type, Plunger, Gas Lift, Electric Submersible Pump, Hydraulic Pump, Progressive Cavity Pump, Others) - Analysis By Mechanism (Pump assisted, Gas assisted) - By Application (Onshore, Offshore)
Other Report Highlights
- Market Dynamics - Drivers and Challenges - Market Trends - Porter Five Force Analysis - SWOT Analysis
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Strategic Recommendations
4. Global Oil & Gas Industry Scenario
5. Global Artificial Lift Market Environment
6. Global Artificial Lift Market : Growth and Forecast
6.1 Global Artificial Lift Market : By Value (2013-2017) 6.2 Global Artificial Lift Market : By Value (2018-2023)
7. Global Artificial Lift Market - Segment Analysis
7.1 Global Artificial Lift Market -By Application Type (Beam/Rod Type, Plunger, Gas Lift, Electric Submersible Pump, Hydraulic Pump, Progressive cavity pump, Others ), By Value (2013-2023) 7.2 Global Artificial Lift Market -By Mechanism (Pump assisted, Gas assisted), By Value (2013-2023) 7.3 Global Artificial Lift Market -By Application (Onshore, offshore), By Value- (2013-2023) 7.4 Global Artificial Lift Market -By Regional Analysis, By Value- (2013-2023)
8. North America Artificial Lift Market: An Analysis
9. North America Artificial Lift Market: Country Analysis
10. Latin America Artificial Lift Market: An Analysis
11. Latin America Artificial Lift Market: Country Analysis
12. Europe Artificial Lift Market: An Analysis
13. Europe Artificial Lift Market: Country Analysis
14. Asia Pacific Artificial Lift Market: An Analysis
15. Asia Pacific Artificial Lift Market:Country Analysis
16. MENA Artificial Lift Market: An Analysis
17. MENA Artificial Lift Market: Country Analysis
18. Market Dynamics
18.1 Global Artificial Lift Market Growth Drivers 18.2 Global Artificial Lift Market Challenges 18.3 Global Artificial Lift Market Trends
19. Competitive Landscape
19.1 Porter's Five Force Model 19.2 SWOT Analysis
20. Company Profiles
20.1 Weatherford 20.2 Schlumberger 20.3 Baker Hughes, a G.E company 20.4 Borets International limited 20.5 Dover Corporation 20.6 Halliburton 20.7 National Oil Varco 20.8 Novomet