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Electrical Submersible Pumps (ESPs) Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2014 - 2022

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Transparency Market Research has announced the publication of a new detailed market intelligence report that examines the global electrical submersible pumps market. The report states that the market will expand at a healthy 8.94% CAGR over the peri
Transparency Market
Research
Electrical Submersible Pumps (ESPs) Market - Global
Industry Analysis, Size, Share, Growth Trends, and
Forecast 2014 - 2022
Published Date
23-Sep-2015
119 Page Report
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Press Release
Transparency Market Research
State Tower,
90, State Street, Suite 700.
Albany, NY 12207
United States
www.transparencymarketresearch.com
[email protected]
Electrical Submersible Pumps (ESPs) Market
REPORT DESCRIPTION
Electrical Submersible Pumps (ESPs) Market - Global Industry Analysis, Size, Share, Growth
Trends, and Forecast 2014 - 2022
According to this report, the global market revenue for ESPs stood at US$10.6 bn in 2013 and is expected
to reach US$16.7 bn by 2022 at a CAGR of 8.94% from 2014 to 2022.
Electrical submersible pumps (ESPs) are multistage centrifugal pumps that are used in the oil industry to
increase the production of oil from the oil well. ESP systems differ according to the well specifications and
geographies. These are economically designed pumps for oil and water wells that can handle fluid output
ranging from 200 bpd to 60,000 bpd at depths of up to 15,000 feet. These pumps provide low lifting costs
for high fluid volumes and help in scale and corrosion treatment in the wellbore. The market for ESPs can
be segmented geographically into five regions, namely North America, Asia Pacific, Europe, Middle East &
Africa, and South & Central America. Europe was the largest consumer of ESPs, accounting for 59.77% of
the overall market share in 2013. Europe is likely to remain the largest market for ESPs throughout forecast
period, primarily due to an increasing number of mature fields in Russia, Norway, Kazakhstan, and the U.K.
Browse Electrical Submersible Pumps (ESPs) Market the full report at
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North America ranks second in terms of market share, accounting for 20.28% of the global market for ESP
in 2013. Rapidly increasing shale oil production in the U.S. and production from oil sand in Canada are the
primary drivers of the market growth of ESPs in North America. Asia Pacific ranks third in the global ESP
market. Asia Pacific contains a large number of offshore wells in Australia, Malaysia, and the South China
Sea. Increasing E&P activities in the South China Sea and prospective development of China’s shale
reserves by 2017 are the major factors which would make Asia Pacific one of the most attractive markets
for ESPs installations in the near future. The ESP market in South & Central America is expected to grow
significantly in the near future due to large number of mature fields in Brazil and Venezuela.
In the future, the requirement of ESP systems is expected to increase gradually as a result of new
discoveries of oilfields in offshore areas of South America and Africa and increasing number of mature
fields globally. The global market for ESP has been segmented as follows
ESPs Market: By Application
•
Onshore
•
Offshore
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Electrical Submersible Pumps (ESPs) Market
ESPs Market: By Region
North America
•
S.
•
Canada
•
Rest of North America
Asia Pacific
•
China
•
Indonesia
•
Rest of Asia Pacific
Europe
•
Russia
•
Norway
•
Kazakhstan
•
Rest of Europe
Middle East & Africa
•
Saudi Arabia
•
United Arab Emirates
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Electrical Submersible Pumps (ESPs) Market
•
Nigeria
•
Rest of Middle East & Africa
South & Central America
•
Venezuela
•
Brazil
•
Rest of South & Central America
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flag=s&rep_id=6625
TABLE OF CONTENT
Section 1 Preface
Report Description
Market Segmentation
Research Scope
Research Methodology
Section 2 Executive Summary
Executive Summary
Section 3 Industry Analysis
Introduction
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Electrical Submersible Pumps (ESPs) Market
Value Chain Analysis
Market Dynamics
Porter’s Five Forces Analysis
Company Market Share-Electrical Submersible Pumps Market, 2014
Market Attractiveness Analysis-Electrical Submersible Pumps Market, By Region
Section 4 Global Electrical Submersible Pumps Market – Application Segment
Introduction – Electrical Submersible Pumps Application Segment
Terrestrial Laser Scanning Market – By Onshore
Terrestrial Laser Scanning Market – By Offshore
Section 5 Global Electrical Submersible Pumps Market – Regional Analysis
Global Overview – Electrical Submersible Pumps Market
Market Analysis – Electrical Submersible Pumps
North America Electrical Submersible Pumps Market – By Regional Sub-segment, 2013-2022
North America Electrical Submersible Pumps Market – Overview
North America Electrical Submersible Pumps Market – By Application
U.S. Electrical Submersible Pumps Market
U.S. Electrical Submersible Pumps Market – By Application
Canada Electrical Submersible Pumps Market
Canada Electrical Submersible Pumps Market – By Application
Mexico Electrical Submersible Pumps Market
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Electrical Submersible Pumps (ESPs) Market
Mexico Electrical Submersible Pumps Market – By Application
Asia Pacific Electrical Submersible Pumps Market – By Regional Sub-segment, 2013-2022
Asia Pacific Electrical Submersible Pumps Market – Overview
Asia Pacific Electrical Submersible Pumps Market – By Application
China Electrical Submersible Pumps Market
China Electrical Submersible Pumps Market – By Application
Indonesia Electrical Submersible Pumps Market
Indonesia Electrical Submersible Pumps Market – By Application
Rest of Asia Pacific Electrical Submersible Pumps Market
Rest of Asia Pacific Electrical Submersible Pumps Market – By Application
Europe Electrical Submersible Pumps Market – By Regional Sub-segment, 2013-2022
Europe Electrical Submersible Pumps Market – Overview
Europe Electrical Submersible Pumps Market – By Application
Russia Electrical Submersible Pumps Market
Russia Electrical Submersible Pumps Market – By Application
Norway Electrical Submersible Pumps Market
Norway Electrical Submersible Pumps Market – By Application
Kazakhstan Electrical Submersible Pumps Market
Kazakhstan Electrical Submersible Pumps Market – By Application
Rest of Europe Electrical Submersible Pumps Market
Rest of Europe Electrical Submersible Pumps Market – By Application
Middle East & Africa Electrical Submersible Pumps Market – By Regional Sub-segment, 2013-2022
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Electrical Submersible Pumps (ESPs) Market
Middle East & Africa Electrical Submersible Pumps Market – Overview
Middle East & Africa Electrical Submersible Pumps Market – By Application
Saudi Arabia Electrical Submersible Pumps Market
Saudi Arabia Electrical Submersible Pumps Market – By Application
United Arab Emirates (UAE) Electrical Submersible Pumps Market
United Arab Emirates (UAE) Electrical Submersible Pumps Market – By Application
Nigeria Electrical Submersible Pumps Market
Nigeria Electrical Submersible Pumps Market – By Application
Rest of Middle East & Africa Electrical Submersible Pumps Market
Rest of Middle East & Africa Electrical Submersible Pumps Market – By Application
South & Central America Electrical Submersible Pumps Market – Overview
South & Central America Electrical Submersible Pumps Market – By Application
Venezuela Electrical Submersible Pumps Market
Venezuela Electrical Submersible Pumps Market – By Application
Brazil Electrical Submersible Pumps Market
Brazil Electrical Submersible Pumps Market – By Application
Rest of South & Central America Electrical Submersible Pumps Market
Rest of South & Central America Electrical Submersible Pumps Market – By Application
Section 6 Company Profiles
GE Oil & Gas
Baker Hughes Incorporated
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Electrical Submersible Pumps (ESPs) Market
Halliburton Company
Schlumberger Limited
Weatherford International
JSC Novomet-Perm
Borets Company LLC
Lufkin Industries, LLC
Flotek Industries, Inc.
Torqueflow Sydex Ltd.
Browse Electrical Submersible Pumps (ESPs) Market the full report at
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