Global Artificial Lift Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Artificial Lift market size was valued at US$ 12260 million in 2024 and is forecast to a readjusted size of USD 14980 million by 2031 with a CAGR of 2.9% during review period.
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 artificial lift market refers to the technologies and methods employed to enhance the production of oil and gas from wells when natural reservoir pressure is insufficient to push fluids to the surface. Artificial lift systems are vital in increasing the output of aging wells, maintaining production rates, and improving the economic viability of oil and gas fields. The rod lift system is one of the most widely used artificial lift methods. It uses a mechanical pump that is powered by a motor at the surface and connected to the pump at the bottom of the well through rods. This system is effective for shallow to medium depth wells and works well in low-pressure reservoirs. An electric submersible pump is a downhole pump that is powered by an electric motor. It is one of the most popular artificial lift methods used for deeper wells, where higher pressure is required to lift oil and gas to the surface. ESPs are commonly used in both onshore and offshore oil production. Gas lift involves injecting gas into the wellbore to reduce the density of the produced fluids, allowing the hydrocarbons to flow to the surface. This method is commonly used in wells with a high gas-to-oil ratio, and it is suitable for both shallow and deep reservoirs. The artificial lift market plays a critical role in maximizing oil and gas production, particularly in mature and unconventional oil fields. As the demand for oil and gas continues to grow globally, the market for artificial lift systems is expected to expand, driven by advancements in technology and the need for efficient, cost-effective solutions to enhance production. However, challenges such as high costs, maintenance, and environmental regulations must be navigated for long-term growth in this sector.
This report is a detailed and comprehensive analysis for global Artificial Lift market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Artificial Lift market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2020-2031
Global Artificial Lift market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2020-2031
Global Artificial Lift market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2020-2031
Global Artificial Lift market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (USD/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Artificial Lift
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Artificial Lift market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Schlumberger, General Electric, Halliburton, Weatherford, Apergy/Dover, National Oilwell Varco, Borets, Novomet, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Artificial Lift market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Electric Submersible Pump (ESP)
Sucker Rod Pump (SRP)
Progressing Cavity Pump (PCP)
Other
Market segment by Application
Onshore
Offshore
Major players covered
Schlumberger
General Electric
Halliburton
Weatherford
Apergy/Dover
National Oilwell Varco
Borets
Novomet
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Artificial Lift product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Artificial Lift, with price, sales quantity, revenue, and global market share of Artificial Lift from 2020 to 2025.
Chapter 3, the Artificial Lift competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Artificial Lift breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Artificial Lift market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Artificial Lift.
Chapter 14 and 15, to describe Artificial Lift sales channel, distributors, customers, research findings and conclusion.
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 artificial lift market refers to the technologies and methods employed to enhance the production of oil and gas from wells when natural reservoir pressure is insufficient to push fluids to the surface. Artificial lift systems are vital in increasing the output of aging wells, maintaining production rates, and improving the economic viability of oil and gas fields. The rod lift system is one of the most widely used artificial lift methods. It uses a mechanical pump that is powered by a motor at the surface and connected to the pump at the bottom of the well through rods. This system is effective for shallow to medium depth wells and works well in low-pressure reservoirs. An electric submersible pump is a downhole pump that is powered by an electric motor. It is one of the most popular artificial lift methods used for deeper wells, where higher pressure is required to lift oil and gas to the surface. ESPs are commonly used in both onshore and offshore oil production. Gas lift involves injecting gas into the wellbore to reduce the density of the produced fluids, allowing the hydrocarbons to flow to the surface. This method is commonly used in wells with a high gas-to-oil ratio, and it is suitable for both shallow and deep reservoirs. The artificial lift market plays a critical role in maximizing oil and gas production, particularly in mature and unconventional oil fields. As the demand for oil and gas continues to grow globally, the market for artificial lift systems is expected to expand, driven by advancements in technology and the need for efficient, cost-effective solutions to enhance production. However, challenges such as high costs, maintenance, and environmental regulations must be navigated for long-term growth in this sector.
This report is a detailed and comprehensive analysis for global Artificial Lift market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Artificial Lift market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2020-2031
Global Artificial Lift market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2020-2031
Global Artificial Lift market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2020-2031
Global Artificial Lift market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (USD/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Artificial Lift
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Artificial Lift market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Schlumberger, General Electric, Halliburton, Weatherford, Apergy/Dover, National Oilwell Varco, Borets, Novomet, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Artificial Lift market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Electric Submersible Pump (ESP)
Sucker Rod Pump (SRP)
Progressing Cavity Pump (PCP)
Other
Market segment by Application
Onshore
Offshore
Major players covered
Schlumberger
General Electric
Halliburton
Weatherford
Apergy/Dover
National Oilwell Varco
Borets
Novomet
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Artificial Lift product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Artificial Lift, with price, sales quantity, revenue, and global market share of Artificial Lift from 2020 to 2025.
Chapter 3, the Artificial Lift competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Artificial Lift breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Artificial Lift market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Artificial Lift.
Chapter 14 and 15, to describe Artificial Lift sales channel, distributors, customers, research findings and conclusion.
Table of Contents
91 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Artificial Lift by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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