Transparency Market Research Artificial Lift Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020 Published Date 2015-02-09 70 Page Report Buy Now Request Sample Press Release Artificial Lift Systems Market is expected to reach USD 19,806.8 Million by 2020 Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Artificial Lift Systems Market REPORT DESCRIPTION The artificial lift systems market report by Transparency Market Research provides in-depth analysis of the global artificial lift systems industry. The report divides the market on the basis of product type and region. It also provides the forecast and estimates for each product and region. The report analyzes demand and supply characteristics of the market by providing detailed forecast and analysis of revenue for the period 2014 – 2020. Browse Full Artificial Lift Systems Market Report http://www.transparencymarketresearch.com/artificial-lift-system-market.htm The artificial lift systems market primarily includes six types of products: electrical submersible pumps, rod lift or sucker rod pump, progressive cavity pump, hydraulic pump, gas lift and plunger lift. Electrical submersible pump is expected to be the most dominant product segment in the global artificial lift systems market by 2020. The segment accounted for the largest share of the artificial lift systems market in 2013. Rod lift is one of the oldest methods used for lifting crude oil and natural gas. This is primarily attributed to its potential to lift heavy viscous crude oil at high temperatures. Additionally, matured reserves account for a significant percentage of crude oil production. In the present scenario, over 70.0% of the total crude oil production comes from matured reserves. Thus, matured reserves act as a key driver for the artificial lift systems market. The selection of artificial lift systems depends on various parameters such as operational cost, geographic location, flow rate, and well deviation. North America is projected to be the largest market for artificial lift systems by 2020. With the discovery of shale gas reserves and rise in number of drilling activities, especially in the U.S. and Canada, the market for artificial lift systems is likely to rise at a substantial rate in the region. Demand for artificial lift systems is also projected to rise at a significant rate owing to the vast discoveries of shale gas reserves in Poland, Spain and Denmark. Various types of artificial lift systems are used to extract large volumes of crude oil and natural gas in Europe. Numerous petroleum companies are installing artificial lift systems for extracting high volumes of crude oil and natural gas to maintain energy security in the respective countries. Demand for artificial lift systems is estimated to rise in RoW owing to the discoveries of offshore reserves in countries such as Tanzania, Mozambique and Egypt. Furthermore, increase in the number of exploration and production activities in Latin America and West Africa, especially in offshore reserves, has propelled the growth of the artificial lift systems. Currently, large volumes of crude oil and natural gas are being imported from countries in the Middle East. RoW countries such as Nigeria, Angola and Venezuela have large petroleum reserves. These reserves help maintain energy security and also to a certain extent bridge the prevailing energy demand-supply gap across the globe. Transparency Market Research 2 Artificial Lift Systems Market Browse Full Artificial Lift Systems Market Press Release at http://www.transparencymarketresearch.com/pressrelease/artificial-lift-system-market.htm The report includes geographical regions such as North America, Asia Pacific, Europe and Rest of the World (RoW). Every region has been further bifurcated on the basis of the product segment. Revenue forecasts and estimates for each product segment have been provided for the period 2014 – 2020. The report also provides detailed analysis and revenue of companies such as Baker Hughes, Inc., Borets Company LLC, Dover Artificial Lift, Flotek Industries, Inc., Halliburton Company, Kudu Industries, Inc., National Oilwell Varco, Inc., Schlumberger Limited, Superior Energy Services, Inc., and Weatherford International Ltd. are expected to dominate the market for artificial lift systems in the near future. With the help of Porter’s Five Forces analysis, the report provides a detailed analysis of the various factors influencing the artificial lift systems industry. The analysis also helps to understand the degree of competition prevalent in the market. Furthermore, the report analyzes the value chain and various drivers and restraints of the artificial systems market. Artificial Lift Systems Market: Product Type Analysis Electrical submersible pump Rod lift Progressive cavity pump Hydraulic pump Gas lift Plunger lift Artificial Lift Systems Market: Regional Analysis North America Transparency Market Research 3 Artificial Lift Systems Market Europe Asia Pacific Rest of the World (RoW) Table of Contents Chapter 1 Preface 1.1 Report Description 1.2 Research Scope 1.3 Market Segmentation 1.4 Research Methodology Chapter 2 Executive Summary Chapter 3 Artificial Lift Systems Market – Industry Analysis 3.1 Introduction 3.2 Market Drivers 3.2.1 Matured Reserves Account for High Volume of Crude Oil 3.2.2 Deepwater Oil Production 3.3 Market Restraints 3.3.1 Decreasing Crude Oil Prices 3.4 Market Opportunities 3.4.1 Unconventional Gas Production acts as an Opportunity for Artificial Lift Systems Market 3.5 Value Chain Analysis Transparency Market Research 4 Artificial Lift Systems Market 3.6 Porter’s Five Forces Analysis 3.6.1 Bargaining Power of Suppliers 3.6.2 Bargaining Power of Buyers 3.6.3 Threat from Substitutes 3.6.4 Threat of New Entrants 3.6.5 Degree of Competition 3.7 Market Attractive Analysis Chapter 4 Artificial Lift Systems Market – Product Type Analysis 4.1 Global Artificial Lift Systems Market: Product Segment Analysis 4.1.1 Global Artificial Lift Systems Market Revenue Share, by Product Type, 2013 and 2020 4.2 Electrical Submersible Pump 4.2.1 Global Electrical Submersible Pump Market, Revenue, 2013 – 2020 (USD Million) 4.3 Rod Lift 4.3.1 Global Rod Lift Market, Revenue, 2013 – 2020 (USD Million) 4.4 Progressive Cavity Pump 4.4.1 Global Progressive Cavity Pump Market, Revenue, 2013 – 2020 (USD Million) 4.5 Hydraulic Pump 4.5.1 Global Hydraulic Pump Market, Revenue, 2013 – 2020 (USD Million) 4.6 Gas Lift 4.6.1 Global Gas Lift Market, Revenue, 2013 – 2020 (USD Million) 4.7 Plunger Lift 4.7.1 Global Plunger Lift Market, Revenue, 2013 – 2020 (USD Million) Transparency Market Research 5 Artificial Lift Systems Market Chapter 5 Artificial Lift Systems Market – Regional Analysis 5.1 Global Artificial Lift Systems Market: Regional Analysis 5.1.1 Global Artificial Lift Systems Market Revenue Share, by Geography, 2013 and 2020 5.2 North America 5.2.1 North America Artificial Lift Systems Market Estimates and Forecast, 2013 – 2020 (USD Million) 5.2.2 North America Artificial Lift Systems Market – Revenue, by Product Type, 2013 – 2020 (USD Million) 5.3 Europe 5.3.1 Europe Artificial Lift Systems Market Estimates and Forecast, 2013 – 2020 (USD Million) 5.3.2 Europe Artificial Lift Systems Market – Revenue, by Product Type, 2013 – 2020 (USD Million) 5.4 Asia Pacific 5.4.1 Asia Pacific Artificial Lift Systems Market Estimates and Forecast, 2013 – 2020 (USD Million) 5.4.2 Asia Pacific Artificial Lift Systems Market – Revenue, by Product Type, 2013 – 2020, (USD Million) 5.5 RoW 5.5.1 RoW Artificial Lift Systems Market Estimates and Forecast, 2013 – 2020 (USD Million) 5.5.2 RoW Artificial Lift Systems Market – Revenue, by Product Type, 2013 – 2020 (USD Million) Chapter 6 Company Profiles 6.1 Baker Hughes, Inc. 6.1.1 Company overview 6.1.2 Financial overview 6.1.3 Business strategy 6.1.4 Recent developments 6.2 Borets Company LLC 6.2.1 Company overview Transparency Market Research 6 Artificial Lift Systems Market 6.2.2 Financial overview 6.2.3 Business strategy 6.2.4 Recent developments 6.3 Dover Artificial Lift 6.3.1 Company overview 6.3.2 Business strategy 6.3.3 Recent developments 6.4 Flotek Industries, Inc. 6.4.1 Company overview 6.4.2 Financial overview 6.4.3 Business strategy 6.4.4 Recent developments 6.5 Halliburton Company 6.5.1 Company overview 6.5.2 Financial overview 6.5.3 Business strategy 6.5.4 Recent developments 6.6 Kudu Industries, Inc. 6.6.1 Company overview 6.6.2 Business strategy 6.6.3 Recent developments 6.7 National Oilwell Varco, Inc. 6.7.1 Company overview 6.7.2 Financial overview Transparency Market Research 7 Artificial Lift Systems Market 6.7.3 Business strategy 6.7.4 Recent developments 6.8 Schlumberger Limited 6.8.1 Company overview 6.8.2 Financial overview 6.8.3 Business strategy 6.8.4 Recent developments 6.9 Superior Energy Services, Inc. 6.9.1 Company overview 6.9.2 Financial overview 6.9.3 Business strategy 6.9.4 Recent developments 6.10 Weatherford International Ltd. 6.10.1 Company overview 6.10.2 Financial overview 6.10.3 Business strategy 6.10.4 Recent developments List of Figures FIG. 1 Artificial Lift Systems Market, 2014 – 2020 FIG. 2 Global Artificial Lift Systems Market, 2013 – 2020 (USD Million) FIG. 3 Global Energy Consumption, 2013 FIG. 4 Deepwater Production Forecast (mb/d) FIG. 5 Brent Crude Oil Price ($/bbl) Transparency Market Research 8 Artificial Lift Systems Market FIG. 6 North America, Unconventional Gas Production (Bcf/d), 2010-2020 FIG. 7 Value Chain Analysis of Artificial Lift Systems FIG. 8 Porter’s Five Forces Analysis FIG. 9 Artificial Lift Systems Market Attractiveness, by Geography, 2013 FIG. 10 Global Artificial Lift Systems Market Revenue Share, by Product Type, 2013 and 2020 FIG. 11 Global Electrical Submersible Pump Market, Revenue, 2013 – 2020 (USD Million) FIG. 12 Global Rod Lift Market, Revenue, 2013 – 2020 (USD Million) FIG. 13 Global Progressive Cavity Pump Market, Revenue, 2013 – 2020 (USD Million) FIG. 14 Global Hydraulic Pump Market, Revenue, 2013 – 2020 (USD Million) FIG. 15 Global Gas Lift Market, Revenue, 2013 – 2020 (USD Million) FIG. 16 Global Plunger Lift Market, Revenue, 2013 – 2020 (USD Million) FIG. 17 Global Artificial Lift Systems Market Revenue Share, by Geography, 2013 and 2020 FIG. 18 North America Artificial Lift Systems Market Estimates and Forecast, 2013 – 2020 (USD Million) FIG. 19 Europe Artificial Lift Systems Market Estimates and Forecast, 2013 – 2020 (USD Million) FIG. 20 Asia Pacific Artificial Lift Systems Market Estimates and Forecast, 2013 – 2020 (USD Million) FIG. 21 RoW Artificial Lift Systems Market Estimates and Forecast, 2013 – 2020 (USD Million) List of Tables TABLE 1 Global Artificial Lift Systems Market Snapshot, 2013 and 2020 TABLE 2 Drivers of Global Artificial Lift Systems Market: Impact Analysis TABLE 3 Major Offshore Oil and Gas Discoveries in 2013 TABLE 4 Restraints of Global Artificial Lift Systems Market: Impact Analysis TABLE 5 Electrical Submersible Pump Market – Revenue, by Region, 2013 – 2020 (USD Million) TABLE 6 Rod Lift Market – Revenue, by Region, 2013 – 2020 (USD Million) Transparency Market Research 9 Artificial Lift Systems Market TABLE 7 Progressive Cavity Pump Market – Revenue, by Region, 2013 – 2020 (USD Million) TABLE 8 Hydraulic Pump Market – Revenue, by Region, 2013 – 2020 (USD Million) TABLE 9 Gas Lift Market – Revenue, by Region, 2013 – 2020 (USD Million) TABLE 10 Plunger Lift Market – Revenue, by Region, 2013 – 2020 (USD Million) TABLE 11 North America Artificial Lift Systems Market – Revenue, by Product Type, 2013 – 2020 (USD Million) TABLE 12 Europe Artificial Lift Systems Market – Revenue, by Product Type, 2013 – 2020 (USD Million) TABLE 13 Asia Pacific Artificial Lift Systems Market – Revenue, by Product Type, 2013 – 2020 (USD Million) TABLE 14 RoW Artificial Lift Systems Market – Revenue, by Product Type, 2013 – 2020 (USD Million) Get Free Sample Report : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1954 About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research Transparency Market Research 10 Artificial Lift Systems Market 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Browse The Market Research Blog : http://researchandreports.wordpress.com/ http://www.transparencymarketresearch.com Transparency Market Research 11
A new report published by Transparency Market Research titled “Artificial Lift Systems Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020” states that the global artificial lift systems market would reach US$19,806.8 million by 2020. The market was estimated at US$13,806.0 million in 2014 and is anticipated to expand at a 6.20% CAGR during 2014 to 2020. Complete Report Artificial Lift Systems Market with TOC : http://www.transparencymarketresearch.com/artificial-lift-system-market.html
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