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Part 5
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. Artificial Lift report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Artificial Lift market is projected to reach US$ 13730 million in 2029, increasing from US$ 10900 million in 2022, with the CAGR of 3.3% during the period of 2023 to 2029. Demand from Onshore and Offshore are the major drivers for the industry.
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 Scope This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Artificial Lift market with multiple angles, which provides sufficient supports to readers’ strategy and decision making. Manufacturers, Type, Application and Regions Listed in the Report: 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 Segment by Region North America U.S. Canada Europe Germany France U.K. Italy Russia Asia-Pacific China Japan South Korea India Australia China Taiwan Indonesia Thailand Malaysia Latin America Mexico Brazil Argentina Middle East & Africa Turkey Saudi Arabia UAE Each chapter of the report provides detailed information for readers to understand the Artificial Lift market further: Chapter 1: Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023. Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Artificial Lift, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Artificial Lift industry. Chapter 3: Historical (2018-2022) and forecast (2023-2029) volume and revenue analysis of Artificial Lift in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. Chapter 4: Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023. Chapter 5 to 9: Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis. Chapter 10: Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Artificial Lift introduction, etc. Artificial Lift Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part. Chapter 11: Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter. Chapter 12: Market Channel, Distributors and Customers are listed. Chapter 13: QYResearch’s Conclusions of Artificial Lift market based on comprehensive survey. Chapter 14: Methodology and Data Sources adopted by QYResearch.
1 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
List of Tables Table 1. Major Company of Rod Lift Table 2. Major Company of ESP Table 3. Major Company of PCP Table 4. Major Company of Hydraulic Pumps Table 5. Major Company of Gas Lift Table 6. Major Company of Plunger Lift Table 7. Major Company of Others Table 8. Global Artificial Lift Sales by Type 2018 VS 2022 VS 2029 (US$ Million) Table 9. Global Artificial Lift Sales by Type (2018-2023) & (K Units) Table 10. Global Artificial Lift Sales Market Share in Volume by Type (2018-2023) Table 11. Global Artificial Lift Sales by Type (2018-2023) & (US& Million) Table 12. Global Artificial Lift Market Share in Value by Type (2018-2023) Table 13. Global Artificial Lift Price by Type (2018-2023) & (USD/Unit) Table 14. Global Artificial Lift Sales by Type (2024-2029) & (K Units) Table 15. Global Artificial Lift Sales Market Share in Volume by Type (2024-2029) Table 16. Global Artificial Lift Sales by Type (2024-2029) & (US$ Million) Table 17. Global Artificial Lift Sales Market Share in Value by Type (2024-2029) Table 18. Global Artificial Lift Price by Type (2024-2029) & (USD/Unit) Table 19. North America Artificial Lift Sales by Type (2018-2023) & (K Units) Table 20. North America Artificial Lift Sales by Type (2018-2023) & (US$ Million) Table 21. Europe Artificial Lift Sales (K Units) by Type (2018-2023) Table 22. Europe Artificial Lift Sales by Type (2018-2023) & (US$ Million) Table 23. Asia-Pacific Artificial Lift Sales (K Units) by Type (2018-2023) Table 24. Asia-Pacific Artificial Lift Sales by Type (2018-2023) & (US$ Million) Table 25. Latin America Artificial Lift Sales (K Units) by Type (2018-2023) Table 26. Latin America Artificial Lift Sales by Type (2018-2023) & (US$ Million) Table 27. Middle East and Africa Artificial Lift Sales (K Units) by Type (2018-2023) Table 28. Middle East and Africa Artificial Lift Sales by Type (2018-2023) & (US$ Million) Table 29. Global Artificial Lift Sales by Company (2018-2023) & (K Units) Table 30. Global Artificial Lift Sales Share by Company (2018-2023) Table 31. Global Artificial Lift Revenue by Company (2018-2023) & (US$ Million) Table 32. Global Artificial Lift Revenue Share by Company (2018-2023) Table 33. Global Market Artificial Lift Price by Company (2018-2023) & (USD/Unit) Table 34. Global Artificial Lift Top Manufacturers Manufacturing Base Distribution and Sales Area Table 35. Global Artificial Lift Manufacturers Market Concentration Ratio (CR5 and HHI) Table 36. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Artificial Lift as of 2022) Table 37. Date of Key Manufacturers Enter into Artificial Lift Market Table 38. Key Manufacturers Artificial Lift Product Type Table 39. Mergers & Acquisitions, Expansion Plans Table 40. Global Artificial Lift Market Size Comparison by Region (US$ Million): 2018 VS 2022 VS 2029 Table 41. Global Artificial Lift Sales by Region (2018-2023) & (K Units) Table 42. Global Artificial Lift Sales Market Share in Volume by Region (2018-2023) Table 43. Global Artificial Lift Sales by Region (2018-2023) & (US$ Million) Table 44. Global Artificial Lift Sales Market Share in Value by Region (2018-2023) Table 45. Global Artificial Lift Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023) Table 46. Global Artificial Lift Sales by Region (2024-2029) & (K Units) Table 47. Global Artificial Lift Sales Market Share in Volume by Region (2024-2029) Table 48. Global Artificial Lift Sales by Region (2024-2029) & (US$ Million) Table 49. Global Artificial Lift Sales Market Share in Value by Region (2024-2029) Table 50. Global Artificial Lift Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2024-2029) Table 51. Global Artificial Lift Sales by Application: 2018 VS 2022 VS 2029 (US$ Million) Table 52. Global Artificial Lift Sales by Application (2018-2023) & (K Units) Table 53. Global Artificial Lift Sales Market Share in Volume by Application (2018-2023) Table 54. Global Artificial Lift Sales by Application (2018-2023) & (US$ Million) Table 55. Global Artificial Lift Sales Market Share in Value by Application (2018-2023) Table 56. Global Artificial Lift Price by Application (2018-2023) & (USD/Unit) Table 57. Global Artificial Lift Sales by Application (2024-2029) & (K Units) Table 58. Global Artificial Lift Sales Market Share in Volume by Application (2024-2029) Table 59. Global Artificial Lift Sales by Application (2024-2029) & (US$ Million) Table 60. Global Artificial Lift Sales Market Share in Value by Application (2024-2029) Table 61. Global Artificial Lift Price by Application (2024-2029) & (USD/Unit) Table 62. North America Artificial Lift Sales by Application (2018-2023) (K Units) Table 63. North America Artificial Lift Sales by Application (2018-2023) & (US$ Million) Table 64. Europe Artificial Lift Sales by Application (2018-2023) (K Units) Table 65. Europe Artificial Lift Sales by Application (2018-2023) & (US$ Million) Table 66. Asia-Pacific Artificial Lift Sales by Application (2018-2023) (K Units) Table 67. Asia-Pacific Artificial Lift Sales by Application (2018-2023) & (US$ Million) Table 68. Latin America Artificial Lift Sales by Application (2018-2023) (K Units) Table 69. Latin America Artificial Lift Sales by Application (2018-2023) & (US$ Million) Table 70. Middle East and Africa Artificial Lift Sales by Application (2018-2023) (K Units) Table 71. Middle East and Africa Artificial Lift Sales by Application (2018-2023) & (US$ Million) Table 72. North America Artificial Lift Sales by Country (2018-2023) & (K Units) Table 73. North America Artificial Lift Sales Market Share in Volume by Country (2018-2023) Table 74. North America Artificial Lift Sales by Country (2018-2023) & (US$ Million) Table 75. North America Artificial Lift Sales Market Share in Value by Country (2018-2023) Table 76. North America Artificial Lift Sales by Country (2024-2029) & (K Units) Table 77. North America Artificial Lift Sales Market Share in Volume by Country (2024-2029) Table 78. North America Artificial Lift Sales by Country (2024-2029) & (US$ Million) Table 79. North America Artificial Lift Sales Market Share in Value by Country (2024-2029) Table 80. Europe Artificial Lift Sales by Country (2018-2023) & (K Units) Table 81. Europe Artificial Lift Sales Market Share in Volume by Country (2018-2023) Table 82. Europe Artificial Lift Sales by Country (2018-2023) & (US$ Million) Table 83. Europe Artificial Lift Sales Market Share in Value by Country (2018-2023) Table 84. Europe Artificial Lift Sales by Country (2024-2029) & (K Units) Table 85. Europe Artificial Lift Sales Market Share in Volume by Country (2024-2029) Table 86. Europe Artificial Lift Sales by Country (2024-2029) & (US$ Million) Table 87. Europe Artificial Lift Sales Market Share in Value by Country (2024-2029) Table 88. Asia-Pacific Artificial Lift Sales by Region (2018-2023) & (K Units) Table 89. Asia-Pacific Artificial Lift Sales Market Share in Volume by Region (2018-2023) Table 90. Asia-Pacific Artificial Lift Sales by Region (2018-2023) & (US$ Million) Table 91. Asia-Pacific Artificial Lift Sales Market Share in Value by Region (2018-2023) Table 92. Asia-Pacific Artificial Lift Sales by Region (2024-2029) & (K Units) Table 93. Asia-Pacific Artificial Lift Sales Market Share in Volume by Region (2024-2029) Table 94. Asia-Pacific Artificial Lift Sales by Region (2024-2029) & (US$ Million) Table 95. Asia-Pacific Artificial Lift Sales Market Share in Value by Region (2024-2029) Table 96. Latin America Artificial Lift Sales by Country (2018-2023) & (K Units) Table 97. Latin America Artificial Lift Sales Market Share in Volume by Country (2018-2023) Table 98. Latin America Artificial Lift Sales by Country (2018-2023) & (US$ Million) Table 99. Latin America Artificial Lift Sales Market Share in Value by Country (2018-2023) Table 100. Latin America Artificial Lift Sales by Country (2024-2029) & (K Units) Table 101. Latin America Artificial Lift Sales Market Share in Volume by Country (2024-2029) Table 102. Latin America Artificial Lift Sales by Country (2024-2029) & (US$ Million) Table 103. Latin America Artificial Lift Sales Market Share in Value by Country (2024-2029) Table 104. Middle East and Africa Artificial Lift Sales by Country (2018-2023) & (K Units) Table 105. Middle East and Africa Artificial Lift Sales Market Share in Volume by Country (2018-2023) Table 106. Middle East and Africa Artificial Lift Sales by Country (2018-2023) & (US$ Million) Table 107. Middle East and Africa Artificial Lift Sales Market Share in Value by Country (2018-2023) Table 108. Middle East and Africa Artificial Lift Sales by Country (2024-2029) & (K Units) Table 109. Middle East and Africa Artificial Lift Sales Market Share in Volume by Country (2024-2029) Table 110. Middle East and Africa Artificial Lift Sales by Country (2024-2029) & (US$ Million) Table 111. Middle East and Africa Artificial Lift Sales Market Share in Value by Country (2024-2029) Table 112. Weatherford Company Information Table 113. Weatherford Introduction and Business Overview Table 114. Weatherford Artificial Lift Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 115. Weatherford Artificial Lift Product Table 116. Weatherford Recent Development Table 117. Schlumberger Company Information Table 118. Schlumberger Introduction and Business Overview Table 119. Schlumberger Artificial Lift Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 120. Schlumberger Artificial Lift Product Table 121. Schlumberger Recent Development Table 122. General Electric Company Information Table 123. General Electric Introduction and Business Overview Table 124. General Electric Artificial Lift Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 125. General Electric Artificial Lift Product Table 126. General Electric Recent Development Table 127. GE(Baker Hughes) Company Information Table 128. GE(Baker Hughes) Introduction and Business Overview Table 129. GE(Baker Hughes) Artificial Lift Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 130. GE(Baker Hughes) Artificial Lift Product Table 131. GE(Baker Hughes) Recent Development Table 132. Halliburton Company Information Table 133. Halliburton Introduction and Business Overview Table 134. Halliburton Artificial Lift Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 135. Halliburton Artificial Lift Product Table 136. Halliburton Recent Development Table 137. Dover Company Information Table 138. Dover Introduction and Business Overview Table 139. Dover Artificial Lift Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 140. Dover Artificial Lift Product Table 141. Dover Recent Development Table 142. National Oilwell Varco Company Information Table 143. National Oilwell Varco Introduction and Business Overview Table 144. National Oilwell Varco Artificial Lift Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 145. National Oilwell Varco Artificial Lift Product Table 146. National Oilwell Varco Recent Development Table 147. Borets Company Information Table 148. Borets Introduction and Business Overview Table 149. Borets Artificial Lift Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 150. Borets Artificial Lift Product Table 151. Borets Recent Development Table 152. Cameron Company Information Table 153. Cameron Introduction and Business Overview Table 154. Cameron Artificial Lift Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 155. Cameron Artificial Lift Product Table 156. Cameron Recent Development Table 157. Novomet Company Information Table 158. Novomet Introduction and Business Overview Table 159. Novomet Artificial Lift Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 160. Novomet Artificial Lift Product Table 161. Novomet Recent Development Table 162. Key Raw Materials Lists Table 163. Raw Materials Key Suppliers Lists Table 164. Artificial Lift Market Trends Table 165. Artificial Lift Market Drivers Table 166. Artificial Lift Market Challenges Table 167. Artificial Lift Market Restraints Table 168. Artificial Lift Distributors List Table 169. Artificial Lift Downstream Customers Table 170. Research Programs/Design for This Report Table 171. Key Data Information from Secondary Sources Table 172. Key Data Information from Primary Sources List of Figures Figure 1. Artificial Lift Product Picture Figure 2. Global Artificial Lift Market Size, 2018 VS 2022 VS 2029 (US$ Million) Figure 3. Global Artificial Lift Market Size Status and Outlook (2018-2029) & (US$ Million) Figure 4. Global Artificial Lift Sales Status and Outlook (2018-2029) & (K Units) Figure 5. Product Picture of Rod Lift Figure 6. Global Rod Lift Sales YoY Growth (2018-2029) & (K Units) Figure 7. Product Picture of ESP Figure 8. Global ESP Sales YoY Growth (2018-2029) & (K Units) Figure 9. Product Picture of PCP Figure 10. Global PCP Sales YoY Growth (2018-2029) & (K Units) Figure 11. Product Picture of Hydraulic Pumps Figure 12. Global Hydraulic Pumps Sales YoY Growth (2018-2029) & (K Units) Figure 13. Product Picture of Gas Lift Figure 14. Global Gas Lift Sales YoY Growth (2018-2029) & (K Units) Figure 15. Product Picture of Plunger Lift Figure 16. Global Plunger Lift Sales YoY Growth (2018-2029) & (K Units) Figure 17. Product Picture of Others Figure 18. Global Others Sales YoY Growth (2018-2029) & (K Units) Figure 19. Global Artificial Lift Sales by Type (2018-2029) & (US$ Million) Figure 20. Global Artificial Lift Sales Market Share by Type in 2022 & 2029 Figure 21. North America Artificial Lift Sales Market Share in Volume by Type in 2022 Figure 22. North America Artificial Lift Sales Market Share in Value by Type in 2022 Figure 23. Europe Artificial Lift Sales Market Share in Volume by Type in 2022 Figure 24. Europe Artificial Lift Sales Market Share in Value by Type in 2022 Figure 25. Asia-Pacific Artificial Lift Sales Market Share in Volume by Type in 2022 Figure 26. Asia-Pacific Artificial Lift Sales Market Share in Value by Type in 2022 Figure 27. Latin America Artificial Lift Sales Market Share in Volume by Type in 2022 Figure 28. Latin America Artificial Lift Sales Market Share in Value by Type in 2022 Figure 29. Middle East and Africa Artificial Lift Sales Market Share in Volume by Type in 2022 Figure 30. Middle East and Africa Artificial Lift Sales Market Share in Value by Type in 2022 Figure 31. The 5 and 10 Largest Manufacturers in the World: Market Share by Artificial Lift Sales in 2022 Figure 32. The 5 and 10 Largest Manufacturers in the World: Market Share by Artificial Lift Revenue in 2022 Figure 33. Artificial Lift Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2018 VS 2022 Figure 34. Product Picture of Onshore Figure 35. Global Onshore Sales YoY Growth (2018-2029) & (K Units) Figure 36. Product Picture of Offshore Figure 37. Global Offshore Sales YoY Growth (2018-2029) & (K Units) Figure 38. Global Artificial Lift Sales by Application (2018-2029) & (US$ Million) Figure 39. Global Artificial Lift Sales Market Share by Application in 2022 & 2029 Figure 40. North America Artificial Lift Sales Market Share in Volume by Application in 2022 Figure 41. North America Artificial Lift Sales Market Share in Value by Application in 2022 Figure 42. Europe Artificial Lift Sales Market Share in Volume by Application in 2022 Figure 43. Europe Artificial Lift Sales Market Share in Value by Application in 2022 Figure 44. Asia-Pacific Artificial Lift Sales Market Share in Volume by Application in 2022 Figure 45. Asia-Pacific Artificial Lift Sales Market Share in Value by Application in 2022 Figure 46. Latin America Artificial Lift Sales Market Share in Volume by Application in 2022 Figure 47. Latin America Artificial Lift Sales Market Share in Value by Application in 2022 Figure 48. Middle East and Africa Artificial Lift Sales Market Share in Value by Application in 2022 Figure 49. Key Raw Materials Price Figure 50. Artificial Lift Manufacturing Cost Structure Figure 51. Artificial Lift Industrial Chain Analysis Figure 52. Channels of Distribution Figure 53. Distributors Profiles Figure 54. Bottom-up and Top-down Approaches for This Report Figure 55. Data Triangulation Figure 56. Key Executives Interviewed
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. Artificial Lift report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Artificial Lift market is projected to reach US$ 13730 million in 2029, increasing from US$ 10900 million in 2022, with the CAGR of 3.3% during the period of 2023 to 2029. Demand from Onshore and Offshore are the major drivers for the industry.
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 Scope This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Artificial Lift market with multiple angles, which provides sufficient supports to readers’ strategy and decision making. Manufacturers, Type, Application and Regions Listed in the Report: 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 Segment by Region North America U.S. Canada Europe Germany France U.K. Italy Russia Asia-Pacific China Japan South Korea India Australia China Taiwan Indonesia Thailand Malaysia Latin America Mexico Brazil Argentina Middle East & Africa Turkey Saudi Arabia UAE Each chapter of the report provides detailed information for readers to understand the Artificial Lift market further: Chapter 1: Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023. Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Artificial Lift, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Artificial Lift industry. Chapter 3: Historical (2018-2022) and forecast (2023-2029) volume and revenue analysis of Artificial Lift in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. Chapter 4: Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023. Chapter 5 to 9: Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis. Chapter 10: Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Artificial Lift introduction, etc. Artificial Lift Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part. Chapter 11: Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter. Chapter 12: Market Channel, Distributors and Customers are listed. Chapter 13: QYResearch’s Conclusions of Artificial Lift market based on comprehensive survey. Chapter 14: Methodology and Data Sources adopted by QYResearch.
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A comprehensive and in-depth analysis of current industry data on markets, competitors and suppliers.
In-depth research on key industry players and analysis of production and sales operations.
Objective forecasts of future trends in the industry.
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
More than 17 years of vast experience
Operation for 24 * 7 & 365 days
In-depth and comprehensive analysis
Professional and timely after-sales service
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A comprehensive and in-depth analysis of current industry data on markets, competitors and suppliers.
In-depth research on key industry players and analysis of production and sales operations.
Objective forecasts of future trends in the industry.
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
More than 17 years of vast experience
Operation for 24 * 7 & 365 days
In-depth and comprehensive analysis
Professional and timely after-sales service
Owns large database
Add to Cart
Buy Now