Press release
Electric Submersible Pump Market 2020 Analysis by Global Manufacturers – Schlumberger, Borets Company, General Electric, Baker Hughes, Halliburton, Canadian Advanced ESP, Lvpai, Lishen Pump
Electric Submersible Pump Market
North America and China, is the main production base of Electric Submersible Pump, key manufacturers: Schlumberger, Borets, General Electric, Baker Hughes, etc. The Sales of Electric Submersible Pump was 22962 units in 2015, of which 47.83% is produced in USA and Russia. Russia, USA and China are the major sales markets, with global market share of 25.2%, 21.19% and 13.67% in 2015. But the market share of these regions is gradually declined, and the market in other areas is expanding year by year. Low Temperature Electric Submersible Pumps are the most popular product type nowadays for its convenience, and will account for a growing market share due to the rapid development of urban logistics industry.
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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Electric Submersible Pump Market: Schlumberger, Borets Company, General Electric, Baker Hughes, Halliburton, Canadian Advanced ESP, Lvpai, Lishen Pump, Shengli Pump and others.
Industry News and Developments:
28 Feb 2020: LPC & Borets reached an agreement to work together in the country
Libya Pump Company (LPC) became the Exclusive sole distributor in Libya for Borets Services Limited, the leading Electric Submersible Pump Manufacturer with over 46,000 system in operation (representing more than 25% of all ESP systems operating worldwide). LPC in partnership with Borets will provide a vast of artificial lifting solutions, applications and services after sale for onshore & offshore oilfields.
HOUSTON & LONDON--(BUSINESS WIRE)--Oct. 17, 2019-- Baker Hughes, a GE company (NYSE: BHGE) announced today its successful name change to Baker Hughes Company. The Company will be known as Baker Hughes, and on Oct. 18, 2019, its Class A common stock will begin trading on the New York Stock Exchange under the symbol “BKR”.
Baker Hughes is uniquely positioned as an energy technology company, with a diverse portfolio that spans the entire energy value chain. The Company’s new name and brand better reflect its current and intended principal business operations and diversified portfolio. These changes follow the recently-completed secondary offering of shares of Class A common stock and concurrent share repurchase, bringing General Electric Company and its affiliates’ ownership in the Company to below 50 percent of the voting power of all classes of the Company’s voting stock.
Global Electric Submersible Pump Market Split by Product Type and Applications:
This report segments the market on the basis of Types are:
Low Temperature ESP
High Temperature ESP
On the basis of Application, the market is segmented into:
Onshore
Offshore
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Regional Analysis For Electric Submersible Pump Market:
For comprehensive understanding of market dynamics, the global Electric Submersible Pump market is analyzed across key geographies namely:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Electric Submersible Pump Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Market global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2020–2026.
Following are major Table of Content of Electric Submersible Pump Market:
- Global Market Overview, Drivers, Restraints and Opportunities, Segmentation overview
- Global Market competition by top Players
- Analysis by Regions
- Consumption by Regions
- Consumption, By Types, Revenue and Market share by Types
- Consumption, By Applications, Market share (%) and Growth Rate by Applications
- Complete profiling and analysis of Players
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Global Market Effect Factors Analysis
- Global Market Forecast
- Global Market Research Findings and Conclusion, Appendix, methodology and data source
Finally, all aspects of the Global Market are quantitatively as well qualitatively assessed to study the Global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects. The report supplies the international economic competition with the assistance of Porter’s Five Forces Analysis and SWOT Analysis.
For More Information On This Report, Please Visit: https://www.marketinsightsreports.com/reports/04031169565/global-electric-submersible-pump-market-insights-forecast-to-2025?source=openpr&Mode=12
We Offer Customization On Report Based On Specific Client Requirement:
– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
Related Reports:
Centrifugal Submersible Pumps Market:
https://www.marketinsightsreports.com/reports/0927880346/global-centrifugal-submersible-pumps-market-insights-forecast-to-2025?source=openpr&Mode=12
Industrial Submersible Pumps Market:
https://www.marketinsightsreports.com/reports/0920855956/global-industrial-submersible-pumps-market-insights-forecast-to-2025?source=openpr&Mode=12
Electric Water Pumps Market:
https://www.marketinsightsreports.com/reports/0828803619/global-electric-water-pumps-market-by-manufacturers-regions-type-and-application-forecast-to-2023?source=openpr&Mode=12
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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