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Pump Jack Market by Well Type (Vertical and Horizontal), Application (Onshore and Offshore), Weight (Less Than 100,000 Lbs, 100,000 Lbs to 300,000 Lbs, and More Than 300,000 Lbs), and by Region - Global Trends and Forecast to 2022

Pump Jack Market by Well Type (Vertical and Horizontal), Application (Onshore and Offshore), Weight (Less Than 100,000 Lbs, 100,000 Lbs to 300,000 Lbs, and More Than 300,000 Lbs), and by Region - Global Trends and Forecast to 2022

“The pump jack market is projected to grow at a CAGR of 4.88%, from 2017 to 2022.”
The pump jack market is projected to reach USD 3.63 billion by 2022, growing at a CAGR of 4.88%, from 2017 to 2022. The pump jack is used as an artificial method to produce crude oil from stripper wells and matured oil fields. Approximately two-thirds of the producing oil wells, globally use pump jack for artificially lifting oil from matured wells. Low cost installation, efficiency, and ease of operation makes pump jacks widely accepted in onshore applications. Moderate to high maintenance cost along with limited offshore in oil fields, are constraints for the pump jack market.

“Vertical Well: The largest and fastest growing well type segment of the pump jack market”
The vertical well segment constitutes the largest segment of the pump jack market, by well type, in terms of value. The vertical well is estimated to be the fastest growing segment due to pump jack’s limited application in the horizontal well segment. The vertical drilling is the oldest drilling methods used to extract oil to the surface and the majority of wells drilled for oil production, are vertically oriented. Most of these require pump jacks to produce liquid hydrocarbons. Rising number of matured fields along with increasing energy demands from emerging economics, would drive the pump jack market.

“The North American market is expected to grow at the highest CAGR, from 2017 to 2022.”
The market in North America is the largest market, by value, for pump jack, followed by Asia-Pacific. The North American market is also projected to be the fastest growing market, during the forecast period, owing to mature oil & gas fields and large number of stripper wells particularly in the U.S. The market in North America is also estimated to see the highest growth in the market, as it focuses on increasing its crude oil production.

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- 60%, D-Level- 30%, Others- 10%
By Region: North America- 35%, Europe- 20% Asia-Pacific- 20%, Middle East & Africa- 15%, RoW- 10%

Note: The tier of the companies has been defined on the basis of their total revenue as of 2016: Tier 1 = >USD 1 billion, Tier 2 = USD 500 million to USD 1 billion, and Tier 3 = <USD 500 million.

The leading players in the pump jack market includes Schlumberger Limited (U.S.), Halliburton (U.S.), General Electric Oil & Gas (U.K.), Weatherford International, PLC (Switzerland), Dover Corporation (U.S.), and Borets International (U.A.E.), among others.

Report Coverage
The report provides a picture of the pump jack market across its different segments and regions. It aims at estimating the market size and future growth potential of this market, by value. Furthermore, the report also includes in-depth competitive analyses of the key players in the market along with their company profiles, recent developments, competitive leadership mapping, and key market strategies.

Key Benefits of Buying the Report:
The report will help market leaders and new entrants in the market by providing them the closest approximations of the revenue numbers for the overall pump jack market and its sub-segments. This report will help stakeholders better understand the competitive landscape and gain insights to better position their businesses and make suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • 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
    • DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table PUMP JACK MARKET SNAPSHOT
  • PREMIUM INSIGHTS
    • PUMP JACK MARKET, BY WELL TYPE
    • PUMP JACK MARKET, BY WEIGHT
    • NORTH AMERICAN PUMP JACK MARKET: COUNTRY AND WELL TYPE
    • PUMP JACK MARKET SHARE (VALUE), BY REGION, 2022
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • PUMP JACK MARKET, BY WELL TYPE
    • INTRODUCTION
      • Table PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD MILLION)
    • VERTICAL WELL
      • Table VERTICAL WELL: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD MILLION)
    • HORIZONTAL WELL
      • Table HORIZONTAL WELL: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD MILLION)
  • PUMP JACK MARKET, BY WEIGHT
    • INTRODUCTION
    • MARKET ANALYSIS
      • Table PUMP JACK MARKET SHARE, BY WEIGHT, 2015–2022 (USD MILLION)
      • LESS THAN 100,000 LBS
        • Table LESS THAN 100,000 LBS PUMP JACK MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
      • 100,000 LBS TO 300,000 LBS
        • Table 100,000 LBS TO 300,000 LBS PUMP JACK MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
      • MORE THAN 300,000 LBS
        • Table MORE THAN 300,000 LBS PUMP JACK MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
  • PUMP JACK MARKET, BY APPLICATION
    • INTRODUCTION
      • Table PUMP JACK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
    • ONSHORE
      • Table ONSHORE: PUMP JACK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
    • OFFSHORE
      • Table OFFSHORE: PUMP JACK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
  • PUMP JACK MARKET, BY REGION
    • INTRODUCTION
      • Table PUMP JACK MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD MILLION)
      • Table NORTH AMERICA: PUMP JACK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
      • Table NORTH AMERICA: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD MILLION)
      • Table NORTH AMERICA: PUMP JACK MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
      • U.S.
        • Table U.S.: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD MILLION)
        • Table U.S.: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD MILLION)
      • CANADA
        • Table CANADA: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD MILLION)
        • Table CANADA: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD MILLION)
    • EUROPE
      • Table EUROPE: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD MILLION)
      • Table EUROPE: PUMP JACK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
      • Table EUROPE: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD MILLION)
      • Table EUROPE: PUMP JACK MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
      • RUSSIA
        • Table RUSSIA: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD MILLION)
        • Table RUSSIA: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD MILLION)
      • KAZAKHSTAN
        • Table KAZAKHSTAN: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD THOUSAND)
        • Table KAZAKHSTAN: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD THOUSAND)
      • REST OF EUROPE
        • Table REST OF EUROPE: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD THOUSAND)
        • Table REST OF EUROPE: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD MILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD MILLION)
      • Table ASIA-PACIFIC: PUMP JACK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
      • Table ASIA-PACIFIC: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD MILLION)
      • Table ASIA-PACIFIC: PUMP JACK MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
      • CHINA
        • Table CHINA: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD MILLION)
        • Table CHINA: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD MILLION)
      • INDIA
        • Table INDIA: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD THOUSAND)
        • Table INDIA: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD THOUSAND)
      • INDONESIA
        • Table INDONESIA: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD MILLION)
        • Table INDONESIA: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD MILLION)
      • AUSTRALIA
        • Table AUSTRALIA: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD THOUSAND)
        • Table AUSTRALIA: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD THOUSAND)
      • REST OF ASIA-PACIFIC
        • Table REST OF ASIA-PACIFIC: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD MILLION)
        • Table REST OF ASIA-PACIFIC: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD MILLION)
    • CENTRAL & SOUTH AMERICA
      • Table CENTRAL & SOUTH AMERICA: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD MILLION)
      • Table CENTRAL & SOUTH AMERICA: PUMP JACK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
      • Table CENTRAL & SOUTH AMERICA: PUMP JACK MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
      • Table CENTRAL & SOUTH AMERICA: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD MILLION)
      • VENEZUELA
        • Table VENEZUELA: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD MILLION)
        • Table VENEZUELA: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD THOUSAND)
        • Table BRAZIL: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD MILLION)
      • MEXICO
        • Table MEXICO: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD MILLION)
        • Table MEXICO: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD MILLION)
      • COLOMBIA
        • Table COLOMBIA: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD MILLION)
        • Table COLOMBIA: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD MILLION)
      • ECUADOR
        • Table ECUADOR: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD THOUSAND)
        • Table ECUADOR: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD MILLION)
      • REST OF CENTRAL & SOUTH AMERICA
        • Table REST OF CENTRAL & SOUTH AMERICA: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD THOUSAND)
        • Table REST OF CENTRAL & SOUTH AMERICA: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: PUMP JACK MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: PUMP JACK MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
      • ANGOLA
        • Table ANGOLA: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD THOUSAND)
        • Table ANGOLA: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD THOUSAND)
      • OMAN
        • Table OMAN: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD THOUSAND)
        • Table OMAN: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD MILLION)
      • NIGERIA
        • Table NIGERIA: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD THOUSAND)
        • Table NIGERIA: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD THOUSAND)
      • KUWAIT
        • Table KUWAIT: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD THOUSAND)
        • Table KUWAIT: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD THOUSAND)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD THOUSAND)
        • Table SAUDI ARABIA: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD THOUSAND)
      • U.A.E.
        • Table U.A.E.: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD THOUSAND)
        • Table U.A.E.: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD THOUSAND)
      • REST OF THE MIDDLE EAST & AFRICA
        • Table REST OF THE MIDDLE EAST & AFRICA: PUMP JACK MARKET SIZE, BY WELL TYPE, 2015–2022 (USD THOUSAND)
        • Table REST OF THE MIDDLE EAST & AFRICA: PUMP JACK MARKET SIZE, BY WEIGHT, 2015–2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING, 2016
    • COMPETITIVE SITUATION AND TRENDS
    • COMPETITIVE LEADERSHIP MAPPING
      • VISIONARY LEADERS
      • INNOVATORS
      • DYNAMIC DIFFERENTIATORS
      • EMERGING COMPANIES
    • COMPETITIVE LEADERSHIP MAPPING: PUMP JACK MARKET
    • COMPETITIVE BENCHMARKING
      • STRENGTH OF PRODUCT PORTFOLIO (25 PLAYERS)
      • BUSINESS STRATEGY EXCELLENCE
  • COMPANY PROFILES
    • GENERAL ELECTRIC OIL & GAS
      • BUSINESS OVERVIEW
      • PRODUCTS/ SERVICES OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • SCHLUMBERGER LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • WEATHERFORD INTERNATIONAL, PLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • HALLIBURTON COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • NATIONAL OILWELL VARCO, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • BORETS INTERNATIONAL LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS / SERVICES OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • DOVER CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS/ SERVICES OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • TENARIS S.A.
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • PENTAG GEARS & OILFIELD EQUIPMENT, LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • DANSCO MANUFACTURING
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • STAR HYDRAULICS & PNEUMATICS, LLC
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • LS PETROCHEM EQUIPMENT CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • COOK PUMP COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • HESS CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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