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Artificial Lift Market by Type (Electrical Submersible Pumps, Rod Lift, Progressive Cavity Pumps, Gas Lift, and Others), Mechanism (Pump Assisted and Gas Assisted), Application (Onshore and Offshore), and Region - Global Forecasts to 2021

Artificial Lift Market by Type (Electrical Submersible Pumps, Rod Lift, Progressive Cavity Pumps, Gas Lift, and Others), Mechanism (Pump Assisted and Gas Assisted), Application (Onshore and Offshore), and Region - Global Forecasts to 2021

“The artificial lift market is projected to grow at a CAGR of 4.91% from 2016 to 2021”
The artificial lift market is projected to reach USD 9.69 billion by 2021, growing at a CAGR of 4.91% from 2016 to 2021. Artificial lift systems are used in onshore and offshore applications. Production activities in oil rich countries and increasing shale gas production in North America and the Asia-Pacific regions are expected to drive the artificial lift market. The lack of skilled labour is likely to hinder market growth of artificial lift systems, as implementation of artificial lift methods require knowledge of various parameters such as well bore geometry, bottom hole pressure, and so on.

“The electrical submersible pumps segment is expected to grow at the highest CAGR from 2016 to 2021”
Based on type of artificial lift systems, the electrical submersible pumps segment is estimated to be the fastest growing market from 2016 to 2021. These pumps are used in low-sand oilfields, low-carbonate reservoirs, and highly deviated wells. Also, these pumps are usually used for offshore applications due to their ability to handle high-volume wells. The production efficiency of ESP is sustained even at depths of about 4,000 m. Its sustained performance and high operating volumes provides it a competitive edge over the other pumps.

“North America: The largest market for artificial lift”
North America is currently the largest market for artificial lifts, followed by Europe and the Asia-Pacific. The North American market is driven by presence of large number of mature oilfields and increasing shale gas production in the region. The market in the North American region is projected to grow at a moderate rate, with the U.S. expected to dominate the market. The rod lift method is the major artificial lift method used in North America because of its onshore production capabilities.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 60%, Tier 2- 30%, Tier 3- 10%
By Designation: C-Level- 30%, D-Level- 60%, Others- 10%
By Region: North America- 30%, Asia-Pacific- 40%, Europe- 10%, Rest of the World- 20%
Note: The tier of the companies has been defined on the basis of their total revenue; as of 2015: Tier 1 = >USD 10 billion, Tier 2 = USD 1 billion to USD 10 billion, and Tier 3 = <USD 1 billion.

The leading players in the artificial lift market include Schlumberger Limited (U.S.), Weatherford International plc (U.S.), Baker Hughes Incorporated (U.S.), General Electric Company (U.S.), and Halliburton Company (U.S.).

Scope of the Report:
By Type
The artificial lift market has been segmented based on type into electrical submersible pumps, rod lift, progressive cavity pumps, gas lift, and others. Others include hydraulic pumping systems and plunger lift.

By Mechanism
The artificial lift market has been segmented based on mechanism into pump assisted and gas assisted. The pump assisted segment further includes positive displacement and dynamic displacement.

By Application
The artificial lift market has been segmented based on application into onshore and offshore

By Region
The global artificial lift market is analyzed with respect to five regions, namely, North America, Europe, Asia-Pacific, South & Central America, and the Middle East & Africa.
Why buy this report?
1. The report identifies and addresses key markets for artificial lift, which would help suppliers review the growth in the demand for the product.
2. The report helps solution providers understand the pulse of the market, and provides insights into drivers, restraints, and challenges.
3. The report will help key players understand the strategies of their competitors better, and will help in making strategic decisions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • ARTIFICIAL LIFT MARKET: MARKET SEGMENTATION
      • GEOGRAPHIC SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • INTRODUCTION
    • HISTORICAL BACKDROP, EVOLUTION, &CURRENT SCENARIO
    • FUTURE OUTLOOK
    • CONCLUSION
  • PREMIUM INSIGHTS
    • NORTH AMERICA IS EXPECTED TO HOLD THE LARGEST MARKET SHARE DURING THE FORECAST PERIOD
    • ARTIFICIAL LIFT MARKET, BY APPLICATION
    • ARTIFICIAL LIFT MARKET, BY TYPE
    • ARTIFICIAL LIFT MARKET, BY MECHANISM
    • NORTH AMERICA: ARTIFICIAL LIFT MARKET
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY TYPE
      • BY MECHANISM
      • BY APPLICATION
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • VALUE CHAIN ANALYSIS
  • ARTIFICIAL LIFT MARKET, BY TYPE
    • INTRODUCTION
      • Table COMPARISON CHART OF LIFT TYPES
      • Table ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
    • ELECTRICAL SUBMERSIBLE PUMPS
      • Table ELECTRICAL SUBMERSIBLE PUMPS: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • ROD LIFT
      • Table ROD LIFT: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • PROGRESSIVE CAVITY PUMPS
      • Table PROGRESSIVE CAVITY PUMPS: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • GAS LIFT
      • Table GAS LIFT: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHERS
      • Table OTHERS: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • ARTIFICIAL LIFT MARKET, BY MECHANISM
    • INTRODUCTION
      • Table ARTIFICIAL LIFT MARKET SIZE, BY MECHANISM, 2014-2021 (USD MILLION)
      • Table ARTIFICIAL LIFT MARKET SIZE, BY PUMP ASSISTED MECHANISM, 2014-2021 (USD MILLION)
    • PUMP ASSISTED
      • Table PUMP ASSISTED: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION )
      • POSITIVE DISPLACEMENT
        • Table POSITIVE DISPLACEMENT: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION )
      • DYNAMIC DISPLACEMENT
        • Table DYNAMIC DISPLACEMENT: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION )
    • GAS ASSISTED
      • Table GAS ASSISTED: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • ARTIFICIAL LIFT MARKET, BY REGION
    • INTRODUCTION
      • Table ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY MECHANISM, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY PUMP ASSISTED MECHANISM, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • U.S.
        • Table U.S.: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • CANADA
        • Table CANADA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
    • EUROPE
      • Table EUROPE: ARTIFICIAL LIFT MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table EUROPE: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • Table EUROPE: ARTIFICIAL LIFT MARKET SIZE, BY MECHANISM, 2014-2021 (USD MILLION)
      • Table EUROPE: ARTIFICIAL LIFT MARKET SIZE, BY PUMP ASSISTED MECHANISM, 2014-2021 (USD MILLION)
      • Table EUROPE: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • RUSSIA
        • Table RUSSIA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • U.K.
        • Table U.K.: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • NORWAY
        • Table NORWAY: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: ARTIFICIAL LIFT MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: ARTIFICIAL LIFT MARKET SIZE, BY MECHANISM, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: ARTIFICIAL LIFT MARKET SIZE, BY PUMP ASSISTED MECHANISM, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • CHINA
        • Table CHINA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • INDONESIA
        • Table INDONESIA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • MALAYSIA
        • Table MALAYSIA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • INDIA
        • Table INDIA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • REST OF ASIA-PACIFIC
        • Table REST OF ASIA-PACIFIC: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
    • SOUTH & CENTRAL AMERICA
      • Table SOUTH & CENTRAL AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table SOUTH & CENTRAL AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • Table SOUTH & CENTRAL AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY MECHANISM, 2014-2021 (USD MILLION)
      • Table SOUTH & CENTRAL AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY PUMP ASSISTED MECHANISM, 2014-2021 (USD MILLION)
      • Table SOUTH & CENTRAL AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • VENEZUELA
        • Table VENEZUELA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • MEXICO
        • Table MEXICO: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • COLOMBIA
        • Table COLOMBIA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • ECUADOR
        • Table ECUADOR: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • REST OF SOUTH & CENTRAL AMERICA
        • Table REST OF SOUTH & CENTRAL AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: ARTIFICIAL LIFT MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: ARTIFICIAL LIFT MARKET SIZE, BY MECHANISM, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: ARTIFICIAL LIFT MARKET SIZE, BY PUMP ASSISTED MECHANISM, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • ANGOLA
        • Table ANGOLA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • OMAN
        • Table OMAN: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • NIGERIA
        • Table NIGERIA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • KUWAIT
        • Table KUWAIT: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • UAE
        • Table UAE: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • REST OF THE MIDDLE EAST & AFRICA
        • Table REST OF THE MIDDLE EAST & AFRICA: ARTIFICIAL LIFT MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SITUATION & TRENDS
    • CONTRACTS & AGREEMENTS
      • Table CONTRACTS & AGREEMENTS, 2016
    • NEW PRODUCT DEVELOPMENTS
      • Table NEW PRODUCT DEVELOPMENTS, 2015-2016
    • EXPANSIONS
      • Table EXPANSIONS, 2014-2016
    • MERGERS & ACQUISITIONS
      • Table MERGERS & ACQUISITIONS, 2014-2016
    • OTHER DEVELOPMENTS
      • Table OTHER DEVELOPMENTS, 2012-2016
  • COMPANY PROFILES
    • INTRODUCTION
    • SCHLUMBERGER LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • DEVELOPMENTS, 2016
      • SWOT ANALYSIS
      • MNM VIEW
    • WEATHERFORD INTERNATIONAL PLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • BAKER HUGHES INCORPORATED
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • DEVELOPMENTS, 2015-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • GENERAL ELECTRIC COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • DEVELOPMENTS, 2015-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • HALLIBURTON COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • DEVELOPMENTS, 2014-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • NATIONAL OILWELL VARCO, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • DEVELOPMENTS, 2013-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • BORETS INTERNATIONAL LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • DEVELOPMENTS, 2012-2016
    • DOVER CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • DEVELOPMENTS, 2012-2016
    • FLOTEK INDUSTRIES, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • DEVELOPMENTS, 2013-2015
    • J J TECH
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • DEVELOPMENTS, 2013-2016
    • JOHN CRANE GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • DEVELOPMENTS, 2013-2015
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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