10-13-2018 03:40 PM CET - IT, New Media & Software
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Artificial Lift System Market by Top Key Participant The major companies profiled in the report includes:GE Oil & Gas, National Oilwell Varco, Weatherford Plc, Halliburton, Dover Corp.

Press release from: Research Beam
Artificial Lift System Market
Artificial Lift System Market


The market research report ‘Global Artificial Lift System, 2018 Market Research Report’ aims to offer insights into new business opportunities for companies active in Artificial Lift Systemas well as for those players that are aiming to get an entry into the industry.

Artificial Lift System Market by Type (Rod lift, ESP, PCP, Plunger, Gas lift, Others), Component (Pump, Motor, Cable System, Drive head, Separator, Pump Jack, Sucker Rod, Gas-lift Valves, Gas-lift Mandrels, Controller, Others), Geography (North America, Europe, Asia-Pacific, LAMEA) - Global Opportunity Analysis and Industry Forecast, 2014-2022

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Artificial lift is a system used to increase the oil production from the oil reservoirs. Artificial lift comprises of the various components such as pump, motor, pump jack, drivehead etc. The integration of its components forms the artificial lift system. These are used to extract the oil from lowest depths of the reservoir to the surface level. Depleted oil reserves, maturing oil wells and declining oil reservoirs around the world are the major drivers for adoption of the artificial lift in the oil and gas industry. The artificial lift system generates a high pressure to lift the oil from deep oil wells to the surface area. The increasing global oil exploration activities and decreasing pressure of oil wells are fueling the market growth. Owing to which, the market for artificial lift system reached $16,449 million in 2015, which is expected to grow further to touch $34,569 million through 2022, registering a CAGR of 11.4% during analysis period. However, stringent government regulations and volatility in the oil and gas industry are major threats for the market. Growing demand of the oil field equipment and rising levels of exploration activities would provide the better opportunities to the market.

The key player in the market are introducing efficient and reliable artificial lift systems to minimize the operational cost. The market is segmented based on the type, components and geography. The type segment comprises of the ESP, PCP, rod lift, plunger lift, gas lift and others. The oil producing companies select artificial lift types based on surface, reservoir, fluid and operational conditions. ESP is a system used for lifting moderate to high volumes of fluids from wellbores. Gas lift is suitable for use for extracting fluids in wells, which have a large presence of gas. The component segment is classified into pump, motor, sucker rods, separators, pump jack, cable system, drivehead, control system, gas-lift mandrel, gas lift valves and others. The market is highlighted across various geographical region such as North America, Europe, Asia-Pacific and LAMEA in order to gain the competitive insights.

Key benefits
• The report provides an extensive analysis of the factors that drive as well as restrain the growth of the world artificial lift system market.
• The market projections from 2014 to 2022 along with the impacting factors are mentioned in the report.
• The report also provides quantitative as well as qualitative trends to assist the stakeholders understand the market scenario.
• In-depth analyses of the key segments of the market demonstrate the consumption of artificial lift system market in different applications across different end-user industries.
• Competitive intelligence highlights the business practices adopted by the leading market players across various geographies.
• Key market segments

BY TYPE
• Rod lift
• ESP
• PCP
• Plunger
• Gas lift
• Others

BY COMPONENT
• Pump
• Motor
• Cable System
• Drive Head
• Separator
• Pump Jack
• Sucker Rod
• Gas-lift Valves
• Gas-lift Mandrels
• Controller
• Others

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Market Segment by Manufacturers, this report covers – The major companies profiled in the report includes: , GE Oil & Gas, National Oilwell Varco, Weatherford Plc, Halliburton, Dover Corp., Schlumberger Limited, Tenaris, J J Tech, General Electric Company, Man Diesel & Turbo SE, Ebara Corporation, Mitsubishi Heavy Industries Compressor Corporation, Atlas Copco Energas GmbH, Solar Turbine Inc., Burckhardt Compression Holding AG, Ariel Corporation, Neuman & Esser Group, Hitachi Ltd

Table of Content:
CHAPTER 1. INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. REASON FOR DOING THE STUDY
1.3. KEY MARKET SEGMENTS
1.4. KEY BENEFITS
1.5. RESEARCH METHODOLOGY
1.5.1. Secondary Research
1.5.2. Primary research
1.5.3. Analyst Tools and Models

CHAPTER 2. EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE

CHAPTER 3. MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. TOP FACTORS IMPACTING ARTIFICIAL LIFT SYSTEM MARKET
3.2.1. Increasing Demand of Energy Would Drive the Artificial lift system market
3.2.2. Need to Improve Production Efficiency Would Create Favorable Situations for Artificial lift system market
3.2.3. Rising Offshore and Ultra-Deep Offshore Oil Production Would Upsurge the Demand of Artificial Lift
3.2.4. High Cost of Artificial Lift Equipment Would Diminish the Market to Some Extent
3.2.5. The Sufficiency of Skilled Workers Would Improve in the Coming Years

3.3. KEY FINDINGS
3.3.1. Top Investment Pockets
3.3.2. Top Winning Strategies
3.4. PORTERS FIVE FORCES ANALYSIS
3.4.1. Threat of Entrants
3.4.2. Threat of Substitutes
3.4.3. Bargaining Power of Suppliers
3.4.4. Bargaining Power of Buyers
3.4.5. Competitive rivalry
3.5. VALUE CHAIN ANALYSIS
3.5.1. Components Providers
3.5.2. Manufacturers
3.5.3. Distributor
3.5.4. Customers
3.6. MARKET SHARE ANALYSIS, 2015
3.7. MARKET DYNAMICS
3.7.1. Drivers
3.7.1.1. Increasing demand of energy across the world
3.7.1.2. Improving production efficiencies at mature fields
3.7.1.3. Increasing deep, ultra-deep offshore oil production
3.7.2. Restraints
3.7.2.1. Lack of skilled workers
3.7.2.2. High cost of artificial lift equipment
3.7.3. Opportunity
3.7.3.1. Increasing subsea drilling activities

CHAPTER 4. WORLD ARTIFICIAL LIFT SYSTEM MARKET BY TYPE
4.1. INTRODUCTION
4.1.1. Market Size & Forecast
4.2. ROD LIFT
4.2.1. Key Market Trends
4.2.2. Key Growth Factors and Opportunities
4.2.3. Competitive Scenario
4.2.4. Market Size and Forecast
4.3. ELECTRICAL SUBMERSIBLE PUMP (ESP)
4.3.1. Key Market Trends
4.3.2. Key Growth Factors and Opportunities
4.3.3. Competitive Scenario
4.3.4. Market Size and Forecast
4.4. PROGRESSIVE CAVITY PUMPS (PCP)
4.4.1. Key Market Trends
4.4.2. Key Growth Factors and Opportunities
4.4.3. Competitive Scenario
4.4.4. Market Size and Forecast

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