You are on page 1of 11

Transparency Market

Research
Artificial Lift Systems Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2014 - 2020

Published Date
2015-02-09

70 Page Report

Buy Now

Request Sample

Press Release

Artificial Lift Systems Market is expected to reach USD 19,806.8


Million by 2020
Transparency Market Research
State Tower,
90, State Street, Suite 700.
Albany, NY 12207
United States
www.transparencymarketresearch.com
sales@transparencymarketresearch.com

Artificial Lift Systems Market

REPORT DESCRIPTION

The artificial lift systems market report by Transparency Market Research provides in-depth analysis of the global artificial
lift systems industry. The report divides the market on the basis of product type and region. It also provides the forecast
and estimates for each product and region. The report analyzes demand and supply characteristics of the market by
providing detailed forecast and analysis of revenue for the period 2014 2020.

Browse Full Artificial Lift Systems Market Report


http://www.transparencymarketresearch.com/artificial-lift-system-market.htm

The artificial lift systems market primarily includes six types of products: electrical submersible pumps, rod lift or sucker
rod pump, progressive cavity pump, hydraulic pump, gas lift and plunger lift. Electrical submersible pump is expected to
be the most dominant product segment in the global artificial lift systems market by 2020. The segment accounted for the
largest share of the artificial lift systems market in 2013. Rod lift is one of the oldest methods used for lifting crude oil and
natural gas. This is primarily attributed to its potential to lift heavy viscous crude oil at high temperatures. Additionally,
matured reserves account for a significant percentage of crude oil production. In the present scenario, over 70.0% of the
total crude oil production comes from matured reserves. Thus, matured reserves act as a key driver for the artificial lift
systems market. The selection of artificial lift systems depends on various parameters such as operational cost,
geographic location, flow rate, and well deviation.

North America is projected to be the largest market for artificial lift systems by 2020. With the discovery of shale gas
reserves and rise in number of drilling activities, especially in the U.S. and Canada, the market for artificial lift systems is
likely to rise at a substantial rate in the region. Demand for artificial lift systems is also projected to rise at a significant rate
owing to the vast discoveries of shale gas reserves in Poland, Spain and Denmark. Various types of artificial lift systems
are used to extract large volumes of crude oil and natural gas in Europe. Numerous petroleum companies are installing
artificial lift systems for extracting high volumes of crude oil and natural gas to maintain energy security in the respective
countries.

Demand for artificial lift systems is estimated to rise in RoW owing to the discoveries of offshore reserves in countries
such as Tanzania, Mozambique and Egypt. Furthermore, increase in the number of exploration and production activities in
Latin America and West Africa, especially in offshore reserves, has propelled the growth of the artificial lift systems.
Currently, large volumes of crude oil and natural gas are being imported from countries in the Middle East. RoW countries
such as Nigeria, Angola and Venezuela have large petroleum reserves. These reserves help maintain energy security and
also to a certain extent bridge the prevailing energy demand-supply gap across the globe.

Transparency Market Research

Artificial Lift Systems Market

Browse Full Artificial Lift Systems Market Press Release at


http://www.transparencymarketresearch.com/pressrelease/artificial-lift-system-market.htm

The report includes geographical regions such as North America, Asia Pacific, Europe and Rest of the World (RoW).
Every region has been further bifurcated on the basis of the product segment. Revenue forecasts and estimates for each
product segment have been provided for the period 2014 2020.

The report also provides detailed analysis and revenue of companies such as Baker Hughes, Inc., Borets Company LLC,
Dover Artificial Lift, Flotek Industries, Inc., Halliburton Company, Kudu Industries, Inc., National Oilwell Varco, Inc.,
Schlumberger Limited, Superior Energy Services, Inc., and Weatherford International Ltd. are expected to dominate the
market for artificial lift systems in the near future.

With the help of Porters Five Forces analysis, the report provides a detailed analysis of the various factors influencing the
artificial lift systems industry. The analysis also helps to understand the degree of competition prevalent in the market.
Furthermore, the report analyzes the value chain and various drivers and restraints of the artificial systems market.

Artificial Lift Systems Market: Product Type Analysis


Electrical submersible pump
Rod lift
Progressive cavity pump
Hydraulic pump
Gas lift
Plunger lift

Artificial Lift Systems Market: Regional Analysis


North America

Transparency Market Research

Artificial Lift Systems Market

Europe
Asia Pacific
Rest of the World (RoW)

Table of Contents

Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology

Chapter 2 Executive Summary

Chapter 3 Artificial Lift Systems Market Industry Analysis


3.1 Introduction
3.2 Market Drivers
3.2.1 Matured Reserves Account for High Volume of Crude Oil
3.2.2 Deepwater Oil Production
3.3 Market Restraints
3.3.1 Decreasing Crude Oil Prices
3.4 Market Opportunities
3.4.1 Unconventional Gas Production acts as an Opportunity for Artificial Lift Systems Market
3.5 Value Chain Analysis

Transparency Market Research

Artificial Lift Systems Market

3.6 Porters Five Forces Analysis


3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat from Substitutes
3.6.4 Threat of New Entrants
3.6.5 Degree of Competition
3.7 Market Attractive Analysis

Chapter 4 Artificial Lift Systems Market Product Type Analysis


4.1 Global Artificial Lift Systems Market: Product Segment Analysis
4.1.1 Global Artificial Lift Systems Market Revenue Share, by Product Type, 2013 and 2020
4.2 Electrical Submersible Pump
4.2.1 Global Electrical Submersible Pump Market, Revenue, 2013 2020 (USD Million)
4.3 Rod Lift
4.3.1 Global Rod Lift Market, Revenue, 2013 2020 (USD Million)
4.4 Progressive Cavity Pump
4.4.1 Global Progressive Cavity Pump Market, Revenue, 2013 2020 (USD Million)
4.5 Hydraulic Pump
4.5.1 Global Hydraulic Pump Market, Revenue, 2013 2020 (USD Million)
4.6 Gas Lift
4.6.1 Global Gas Lift Market, Revenue, 2013 2020 (USD Million)
4.7 Plunger Lift
4.7.1 Global Plunger Lift Market, Revenue, 2013 2020 (USD Million)

Transparency Market Research

Artificial Lift Systems Market

Chapter 5 Artificial Lift Systems Market Regional Analysis


5.1 Global Artificial Lift Systems Market: Regional Analysis
5.1.1 Global Artificial Lift Systems Market Revenue Share, by Geography, 2013 and 2020
5.2 North America
5.2.1 North America Artificial Lift Systems Market Estimates and Forecast, 2013 2020 (USD Million)
5.2.2 North America Artificial Lift Systems Market Revenue, by Product Type, 2013 2020 (USD Million)
5.3 Europe
5.3.1 Europe Artificial Lift Systems Market Estimates and Forecast, 2013 2020 (USD Million)
5.3.2 Europe Artificial Lift Systems Market Revenue, by Product Type, 2013 2020 (USD Million)
5.4 Asia Pacific
5.4.1 Asia Pacific Artificial Lift Systems Market Estimates and Forecast, 2013 2020 (USD Million)
5.4.2 Asia Pacific Artificial Lift Systems Market Revenue, by Product Type, 2013 2020, (USD Million)
5.5 RoW
5.5.1 RoW Artificial Lift Systems Market Estimates and Forecast, 2013 2020 (USD Million)
5.5.2 RoW Artificial Lift Systems Market Revenue, by Product Type, 2013 2020 (USD Million)

Chapter 6 Company Profiles


6.1 Baker Hughes, Inc.
6.1.1 Company overview
6.1.2 Financial overview
6.1.3 Business strategy
6.1.4 Recent developments
6.2 Borets Company LLC
6.2.1 Company overview

Transparency Market Research

Artificial Lift Systems Market

6.2.2 Financial overview


6.2.3 Business strategy
6.2.4 Recent developments
6.3 Dover Artificial Lift
6.3.1 Company overview
6.3.2 Business strategy
6.3.3 Recent developments
6.4 Flotek Industries, Inc.
6.4.1 Company overview
6.4.2 Financial overview
6.4.3 Business strategy
6.4.4 Recent developments
6.5 Halliburton Company
6.5.1 Company overview
6.5.2 Financial overview
6.5.3 Business strategy
6.5.4 Recent developments
6.6 Kudu Industries, Inc.
6.6.1 Company overview
6.6.2 Business strategy
6.6.3 Recent developments
6.7 National Oilwell Varco, Inc.
6.7.1 Company overview
6.7.2 Financial overview

Transparency Market Research

Artificial Lift Systems Market

6.7.3 Business strategy


6.7.4 Recent developments
6.8 Schlumberger Limited
6.8.1 Company overview
6.8.2 Financial overview
6.8.3 Business strategy
6.8.4 Recent developments
6.9 Superior Energy Services, Inc.
6.9.1 Company overview
6.9.2 Financial overview
6.9.3 Business strategy
6.9.4 Recent developments
6.10 Weatherford International Ltd.
6.10.1 Company overview
6.10.2 Financial overview
6.10.3 Business strategy
6.10.4 Recent developments

List of Figures
FIG. 1 Artificial Lift Systems Market, 2014 2020
FIG. 2 Global Artificial Lift Systems Market, 2013 2020 (USD Million)
FIG. 3 Global Energy Consumption, 2013
FIG. 4 Deepwater Production Forecast (mb/d)
FIG. 5 Brent Crude Oil Price ($/bbl)

Transparency Market Research

Artificial Lift Systems Market

FIG. 6 North America, Unconventional Gas Production (Bcf/d), 2010-2020


FIG. 7 Value Chain Analysis of Artificial Lift Systems
FIG. 8 Porters Five Forces Analysis
FIG. 9 Artificial Lift Systems Market Attractiveness, by Geography, 2013
FIG. 10 Global Artificial Lift Systems Market Revenue Share, by Product Type, 2013 and 2020
FIG. 11 Global Electrical Submersible Pump Market, Revenue, 2013 2020 (USD Million)
FIG. 12 Global Rod Lift Market, Revenue, 2013 2020 (USD Million)
FIG. 13 Global Progressive Cavity Pump Market, Revenue, 2013 2020 (USD Million)
FIG. 14 Global Hydraulic Pump Market, Revenue, 2013 2020 (USD Million)
FIG. 15 Global Gas Lift Market, Revenue, 2013 2020 (USD Million)
FIG. 16 Global Plunger Lift Market, Revenue, 2013 2020 (USD Million)
FIG. 17 Global Artificial Lift Systems Market Revenue Share, by Geography, 2013 and 2020
FIG. 18 North America Artificial Lift Systems Market Estimates and Forecast, 2013 2020 (USD Million)
FIG. 19 Europe Artificial Lift Systems Market Estimates and Forecast, 2013 2020 (USD Million)
FIG. 20 Asia Pacific Artificial Lift Systems Market Estimates and Forecast, 2013 2020 (USD Million)
FIG. 21 RoW Artificial Lift Systems Market Estimates and Forecast, 2013 2020 (USD Million)

List of Tables
TABLE 1 Global Artificial Lift Systems Market Snapshot, 2013 and 2020
TABLE 2 Drivers of Global Artificial Lift Systems Market: Impact Analysis
TABLE 3 Major Offshore Oil and Gas Discoveries in 2013
TABLE 4 Restraints of Global Artificial Lift Systems Market: Impact Analysis
TABLE 5 Electrical Submersible Pump Market Revenue, by Region, 2013 2020 (USD Million)
TABLE 6 Rod Lift Market Revenue, by Region, 2013 2020 (USD Million)

Transparency Market Research

Artificial Lift Systems Market

TABLE 7 Progressive Cavity Pump Market Revenue, by Region, 2013 2020 (USD Million)
TABLE 8 Hydraulic Pump Market Revenue, by Region, 2013 2020 (USD Million)
TABLE 9 Gas Lift Market Revenue, by Region, 2013 2020 (USD Million)
TABLE 10 Plunger Lift Market Revenue, by Region, 2013 2020 (USD Million)
TABLE 11 North America Artificial Lift Systems Market Revenue, by Product Type, 2013 2020 (USD Million)
TABLE 12 Europe Artificial Lift Systems Market Revenue, by Product Type, 2013 2020 (USD Million)
TABLE 13 Asia Pacific Artificial Lift Systems Market Revenue, by Product Type, 2013 2020 (USD Million)
TABLE 14 RoW Artificial Lift Systems Market Revenue, by Product Type, 2013 2020 (USD Million)

Get Free Sample Report :


http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1954

About Us

Transparency Market Research is a market intelligence company providing global business information
reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use
proprietary data sources and various tools and techniques to gather, and analyze information. Our
business offerings represent the latest and the most reliable information indispensable for businesses to
sustain a competitive edge.

Contact
Transparency Market Research

Transparency Market Research

10

Artificial Lift Systems Market

90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Browse The Market Research Blog :
http://researchandreports.wordpress.com/ http://www.transparencymarketresearch.com

Transparency Market Research

11

You might also like