Artificial Lift Market by Type (Electrical Submersible Pumps, Progressive Cavity Pumps, Rod Lift, Gas Lift), Mechanism (Pump Assisted, Gas Assisted), Well Type (Horizontal, Vertical), Application (Onshore, Offshore), and Region - Global Forecast to 2028

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USD 9.02 BN
MARKET SIZE, 2028
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CAGR 4.4%
(2023-2028)
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261
REPORT PAGES
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282
MARKET TABLES

OVERVIEW

artificial-lift-systems-market Overview

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

The global artificial lift market is projected to reach USD 9.02 billion by 2028 from an estimated USD 7.3 billion in 2023, at a CAGR of 4.4% during the forecast period. Advancements in upstream activities concerning unconventional oil & gas reserves, growing requirement to maximize production potential of mature fields, and rise in heavy oil production, is leading to a surge in demand for artificial lift services.

KEY TAKEAWAYS

  • BY REGION
    The North America artificial lift market is estimated to dominate with a share of 52.0% in 2023.
  • BY TYPE
    By type, the artificial lift market for the rod lift systems segment is anticipated to record a CAGR of 4.6% between 2023 and 2028.
  • BY MECHANISM
    By mechanism, the pump-assisted segment is expected to account for an 92.9% share of the artificial lift market in 2023.
  • BY WELL TYPE
    By well type, the horizontal segment is projected to register the highest CAGR of 4.6% in the global artificial market.
  • BY APPLICATION
    By application, the onshore segment is expected to account for an 73.1% share of the artificial lift market in 2023.
  • COMPETITIVE LANDSCAPE
    SLB, Baker Hughes Company, Halliburton, Weatherford, and ChampionX have been identified as the star leaders in the global artificial lift market, owing to their strong revenue growth, extensive global presence, advanced digital and automation capabilities, and robust portfolios of artificial lift technologies supporting increased production from mature oilfields.
  • COMPETITIVE LANDSCAPE
    The strong product ecosystem and global market penetration of National Energy Services Reunited Corp. (US), Endurance Lift Solutions (US) and Liberty Lift Solutions LLC (US) have made them influential startups/SMEs/emerging leaders in the market.

The global artificial lift market is growing steadily, driven by growing need to maximize production from mature oilfields, s declining reservoir pressure in aging wells increases reliance on technologies such as rod lift systems, electric submersible pumps, gas lift, and hydraulic pumping to sustain and enhance hydrocarbon recovery. Rising global energy demand further strengthens the adoption of artificial lift solutions to optimize well performance and extend field life.

TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS

The artificial lift market is shifting from conventional solutions such as rod lift and hydraulic lift toward smart lift systems, predictive maintenance, and integrated services as operators focus on maximizing production from mature fields and reducing lifting costs. Increasing emphasis on productivity, optimization, reliability, efficiency, and automation is driving adoption of digital and intelligent artificial lift technologies. These imperatives are enabling outcomes such as recovery maximization, cost efficiency, downtime reduction, brownfield revival, improved profitability, and greater operational autonomy, supporting the transition toward more data-driven and performance-oriented production strategies.

artificial-lift-systems-market Disruptions

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET DYNAMICS

Drivers
Impact
Level
  • Advancements in upstream activities concerning unconventional oil & gas reserves
  • Growing requirement to maximize production potential of mature fields
RESTRAINTS
Impact
Level
  • Decreasing CapEX of oilfield operators and upstream service providers
OPPORTUNITIES
Impact
Level
  • New oilfield discoveries to promote upstream activities
  • Digitalization and automation to better analyze well conditions
CHALLENGES
Impact
Level
  • Transition toward renewable energy sources
  • Application of artificial lift methods in horizontal wells

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Driver: Rise in offshore drilling and renewable energy generation

The world's escalating population is a significant driver of global energy requirements, anticipated to climb from 8 billion in 2022 to 8.5 billion by 2030, as projected by the UN World Population Prospects. To cater to this surge in energy demand, a diverse array of energy sources ranging from thermal and nuclear to renewable, oil, gas, and electricity is essential. Notably, the offshore support vessel market experiences growth propelled by the demand for drilling and production activities stimulated by the discovery of substantial untapped oil reserves, as evidenced by the 1,729.7 billion barrels of oil remaining undiscovered globally in 2018, according to the BP Statistical Review of 2019. Furthermore, regions with pronounced energy demands, such as the Asia Pacific, are gearing up to enhance their offshore production capacities. Countries like India and China, endowed with offshore oil and gas basins in the Indian Ocean and South China Sea respectively, hold immense potential for offshore exploration activities. Besides the Asia Pacific, notable discoveries are also being made in the offshore regions of Africa, particularly in the western African territories.

Restraint: Decreasing CapEX of oilfield operators and upstream service providers

The demand for artificial lift systems is closely tied to upstream exploration, development, and production activities, as well as the capital expenditure (CapEx) plans of oil and natural gas companies. Fluctuations in oil and gas prices significantly influence these activities, as they affect investment decisions across the upstream sector. Such price volatility can result from changes in global supply-demand dynamics, government regulations related to exploration and production, weather conditions, natural disasters, and other external factors. When companies anticipate sustained low oil and gas prices, they often delay or scale back long-term development projects, which can reduce demand for artificial lift solutions. Consequently, a prolonged decline in crude oil prices or expectations of continued weakness can negatively impact the growth of the artificial lift market by limiting upstream spending and reducing investments from operators and service providers.

Opportunity: Digitalization and automation to better analyze well conditions

Over the past decade, well integrity issues ranging from minor leaks to structural failures have increased due to aging oilfields and the growing complexity of well designs. As a result, oil & gas companies are placing greater emphasis on safety and adopting digital technologies to improve well condition monitoring and reduce operational costs. In response to rising demand for completion and intervention solutions, oilfield service providers are developing advanced production optimization tools to support artificial lift operations. For example, Schlumberger introduced the DELFI cognitive E&P environment, a cloud-based platform that integrates analytics, machine learning, high-performance computing, and IoT to enhance collaboration and optimize asset performance. Similarly, Baker Hughes, in partnership with C3.ai, launched BHC3 Production Optimization and BHC3 Well Integrity & Health to improve hydrocarbon production efficiency, optimize artificial lift performance, and enable real-time prediction of mechanical and formation-related well integrity issues.

Challenge: Application of artificial lift methods in horizontal wells

Most legacy oil and gas wells were vertically drilled and increasingly rely on artificial lift methods (ALMs) to sustain hydrocarbon production and remove water from gas wells as they mature. However, with the growing adoption of horizontal drilling particularly in shale developments artificial lift service providers face challenges in adapting conventional lift systems, which were primarily designed for vertical wells, to operate efficiently in long horizontal sections. In such wells, fluids including flowback water from hydraulic fracturing operations and sand used as proppant must be lifted to the surface to reduce backpressure and maintain production flow paths. Various artificial lift technologies, including rod pumps, electric submersible pumps (ESPs), and gas lift systems, have been applied in these environments with varying levels of success depending on well conditions. While these methods are well established in vertical and deviated wells, operators are increasingly adapting them to improve production performance in horizontal wellbores.

ARTIFICIAL LIFT MARKET: COMMERCIAL USE CASES ACROSS INDUSTRIES

COMPANY USE CASE DESCRIPTION BENEFITS
An oil & gas producer in Ecuador deployed Novomet’s PowerSave high-efficiency electric submersible pump (ESP) system in older, low-flow wells to reduce power consumption and lower operating expenses. The solution utilized advanced pump-stage design and permanent magnet motor (PMM) technology to improve energy efficiency compared with conventional ESP systems. The deployment of Novomet’s PowerSave high-efficiency electric submersible pump (ESP) system enabled the oil & gas producer in Ecuador to significantly reduce energy consumption in older, low-flow wells, lowering calculated power usage by up to 43% compared with conventional ESP systems. The solution delivered over 30% higher efficiency than competing technologies, helping the operator reduce operating expenditure (OPEX) and improve overall well economics. Within 12 months of installation, the system generated cost savings of approximately USD 111,469 in one well, while also enhancing energy efficiency and operational performance in mature-field conditions.

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET ECOSYSTEM

In the artificial lift market, leading companies are recognized as well-established and financially strong providers of advanced lift technologies and production optimization solutions. With extensive industry experience, these companies offer diversified artificial lift portfolios including electric submersible pumps (ESPs), rod lift systems, gas lift solutions, and digital optimization platforms supported by strong global service networks and technical expertise. Their continuous investments in innovation, automation, and integrated production technologies enable them to address evolving operator requirements across mature, deepwater, and unconventional fields. These companies have consistently demonstrated their ability to adapt to changing upstream activity levels and deliver reliable, high-performance artificial lift solutions, positioning them as key partners for oil & gas operators worldwide. Prominent companies in this market include SLB (US), Baker Hughes Company (US), Halliburton (US), Weatherford (US), and ChampionX (US).

artificial-lift-systems-market Ecosystem

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET SEGMENTS

artificial-lift-systems-market Segments

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Artificial lift market, By type

The rod lift systems segment is projected to record the highest CAGR in the artificial lift market, driven by increasing global oil demand and the widespread use of cost-effective and reliable sucker rod lift systems in onshore wells. Their high efficiency, strong operational control, versatility, and suitability for mature fields continue to support their broad adoption and market leadership.

Artificial lift market, By mechanism

The pump-assisted segment, by mechanism, is projected to register the highest CAGR in the artificial lift market, driven by widespread use of ESPs, PCPs, rod lifts, plunger lifts, hydraulic, and linear lift systems. Their ability to operate across wide depth, temperature, and production ranges supports efficient fluid extraction and improved well productivity.

Artificial lift market, By well type

The horizontal segment is expected to register the highest growth in the artificial lift market, driven by the increasing adoption of horizontal drilling in shale and tight oil formations. Longer wellbores and higher production potential are boosting demand for advanced artificial lift systems such as ESPs, PCPs, and jet pumps to enhance recovery and sustain hydrocarbon output.

Artificial lift market, By application

The offshore segment is expected to register the highest growth in the artificial lift market, driven by increasing offshore exploration activities and the maturity of oilfields in regions such as the North Sea, Brazil, and the Gulf of Mexico. Rising redevelopment and decommissioning activities are further accelerating the adoption of artificial lift systems, including ESPs, gas lift, PCPs, and hydraulic pumping.

REGION

North America is expected to dominate global artificial lift market during forecast period

The North America register the highest CAGR of 4.8% of the artificial lift market during the forecast period, driven by expanding upstream activity, rising horizontal drilling in shale and tight oil formations, increasing oil and gas production, strong export demand for WTI crude, investments in rod lift manufacturing, and the presence of major operators and leading artificial lift technology providers.

artificial-lift-systems-market Region

ARTIFICIAL LIFT MARKET: COMPANY EVALUATION MATRIX

SLB has emerged as the market leader in the global artificial lift market, while Tenaris is identified as an emerging leader. SLB leads due to its comprehensive artificial lift portfolio, strong global service network, and advanced digital production optimization capabilities, whereas Tenaris is gaining momentum through expanding rod lift manufacturing capacity, integrated solutions, and strengthening presence across key upstream markets.

artificial-lift-systems-market Evaluation Metrics

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

KEY MARKET PLAYERS

  • SLB (US)
  • Baker Hughes Company (US)
  • Halliburton (US)
  • Weatherford (US)
  • ChampionX (US)
  • NOV Inc. (US)
  • Tenaris (Luxembourg)
  • LUFKIN (US)
  • DistributionNOW (US)
  • Levare (UAE)
  • Rimera Group (Russia)
  • Cairn Oil & Gas (India)
  • OiLSERV (UAE)
  • Novomet (Russia)
  • JJ Tech (US)
  • Penguin Petroleum Services (P) Limited (India)
  • Alkhorayef Petroleum (Saudi Arabia)
  • National Energy Services Reunited Corp. (US)
  • Endurance Lift Solutions (US)
  • Liberty Lift Solutions LLC (US)
  • Valiant Artificial Lift Solutions (US

MARKET SCOPE

REPORT METRIC DETAILS
Market Size in 2023 (Value) USD 7.27 Billion
Market Forecast in 2028 (Value) USD 9.02 Billion
Growth Rate CAGR of 4.4% from 2023-2028
Years Considered 2019–2029
Base Year 2022
Forecast Period 2023–2028
Units Considered Value (USD Million)
Report Coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments Covered
  • By Type:
    • Rod Lift Systems
    • Electric Submersible Pumps
    • Progressive Cavity Pumps
    • Gas Lift Systems
  • By Mechanism:
    • Pump-assisted
    • Gas-assisted
  • By Well type:
    • Horizontal
    • Vertical
  • By Application:
    • Onshore
    • Offshore
Regions Covered Europe, Asia Pacific, North America, Middle East & Africa and South America

WHAT IS IN IT FOR YOU: ARTIFICIAL LIFT MARKET REPORT CONTENT GUIDE

artificial-lift-systems-market Content Guide

DELIVERED CUSTOMIZATIONS

We have successfully delivered the following deep-dive customizations:

CLIENT REQUEST CUSTOMIZATION DELIVERED VALUE ADDS
Company profiling Competitive Landscape & Key Player Benchmarking Customization Startup and emerging player mapping

RECENT DEVELOPMENTS

  • March 2023 : ChampionX introduced the advanced subsurface rod pumping cage, Harbison-Fischer's HFX cage. It improves rod pumping performance in severe service circumstances by optimizing fluid flow dynamics and minimizing energy loss (pressure drop) during valve opening and closing.
  • November 2022 : Halliburton has deployed first single trip, electro-hydraulic wet connect in deepwater for Petrobras in Brazil. The Halliburton Fuzion EH electro-hydraulic downhole wet-mate connector contributes to higher well recovery factors by ensuring the integrity of Halliburton's SmartWell completion technologies throughout the well's lifecycle
  • July 2022 : Baker Hughes Company acquired AccessESP, one of the leading providers of technological solutions used in ESP systems. This acquisition will broaden the artificial lift portfolio of Baker Hughes Company and improve its position globally
  • April 2022 : Weatherford was awarded two five-year artificial lift contracts by Tatweer Petroleum in Bahrain, to supply, install, and service beam pumping units and downhole pumps.
  • December 2021 : LUFKIN acquired the US Rod and Patriot Pump. US Rod is an API-licensed manufacturer and distributor of artificial lift items such as sucker rods, rod guides, couplings, pony rods, stabilizers, and sinker bars. This acquisition would enhance the product portfolio of LUFKIN and position the company higher in North America in terms of artificial lift technologies

 

Table of Contents

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TITLE
PAGE NO
INTRODUCTION
25
RESEARCH METHODOLOGY
30
EXECUTIVE SUMMARY
44
PREMIUM INSIGHTS
48
MARKET OVERVIEW
52
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Advancements in upstream activities concerning unconventional oil & gas reserves
    - Growing requirement to maximize production potential of mature fields
    - Increase in global oil demand
    - Rise in heavy oil production
    RESTRAINTS
    - Decreasing CapEX of oilfield operators and upstream service providers
    OPPORTUNITIES
    - New oilfield discoveries to promote upstream activities
    - Digitalization and automation to better analyze well conditions
    CHALLENGES
    - Transition toward renewable energy sources
    - Application of artificial lift methods in horizontal wells
  • 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • 5.4 SUPPLY CHAIN ANALYSIS
    RAW MATERIAL SUPPLIERS
    ARTIFICIAL LIFT EQUIPMENT MANUFACTURERS
    ARTIFICIAL LIFT SERVICE PROVIDERS
    OILFIELD OPERATORS
  • 5.5 ECOSYSTEM MAPPING
  • 5.6 TECHNOLOGY ANALYSIS
  • 5.7 KEY CONFERENCES AND EVENTS, 2023–2024
  • 5.8 PATENT ANALYSIS
  • 5.9 REGULATORY FRAMEWORK
    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    STANDARDS AND REGULATIONS
  • 5.10 PRICING ANALYSIS
    INDICATIVE PRICING ANALYSIS, BY TYPE
    AVERAGE PRICING ANALYSIS, BY REGION
  • 5.11 CASE STUDY ANALYSIS
    NOVOMET’S IMPACTFUL PERFORATION SOLUTION REDUCED POWER CONSUMPTION FOR ECUADOR-BASED OIL & GAS PRODUCER
    - Problem statement
    - Solution
  • 5.12 TRADE ANALYSIS
    EXPORT SCENARIO
    IMPORT SCENARIO
  • 5.13 PORTER'S FIVE FORCES ANALYSIS
    THREAT OF NEW ENTRANTS
    BARGAINING POWER OF BUYERS
    BARGAINING POWER OF SUPPLIERS
    THREAT OF SUBSTITUTES
    INTENSITY OF COMPETITIVE RIVALRY
  • 5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
ARTIFICIAL LIFT MARKET, BY TYPE
77
  • 6.1 INTRODUCTION
  • 6.2 ROD LIFT SYSTEMS
    ABILITY TO HARNESS SUBSURFACE POWER FOR OIL DRILLING TO DRIVE MARKET
  • 6.3 ELECTRICAL SUBMERSIBLE PUMPS
    EFFICIENT DESIGN AND OPERATIONAL CHARACTERISTICS TO SUPPORT MARKET GROWTH
  • 6.4 GAS LIFT SYSTEMS
    LOW OPERATING COSTS TO BOOST MARKET
  • 6.5 PROGRESSIVE CAVITY PUMPS
    BENEFITS OF DEPLOYMENT IN RECOVERY PROCESSES TO PROPEL MARKET
  • 6.6 OTHERS
ARTIFICIAL LIFT MARKET, BY MECHANISM
86
  • 7.1 INTRODUCTION
  • 7.2 PUMP-ASSISTED
    POSITIVE DISPLACEMENT
    - Capability to reduce liquid-producing gas wells to their lowest abandonment pressure to drive market
    DYNAMIC DISPLACEMENT
    - Deployment in multistage drilling operations to support market growth
  • 7.3 GAS-ASSISTED
    USE IN VERTICAL GAS WELLS WITH MINIMUM MAINTENANCE TO FUEL MARKET
ARTIFICIAL LIFT MARKET, BY WELL TYPE
93
  • 8.1 INTRODUCTION
  • 8.2 HORIZONTAL
    INCREASED OIL FIELD PRODUCTION AND ABILITY TO ACCESS SUBSURFACE RESERVOIRS TO BOOST SEGMENT
  • 8.3 VERTICAL
    COST-EFFECTIVE EXTRACTION OF HYDROCARBONS TO DRIVE SEGMENT
ARTIFICIAL LIFT MARKET, BY APPLICATION
98
  • 9.1 INTRODUCTION
  • 9.2 ONSHORE
    REDEVELOPMENT OF MATURE ONSHORE OILFIELDS AND GROWING SHALE ACTIVITIES TO DRIVE MARKET
  • 9.3 OFFSHORE
    MATURING SHALLOW OILFIELDS TO PROPEL OFFSHORE ARTIFICIAL LIFT MARKET
ARTIFICIAL LIFT MARKET, BY REGION
103
  • 10.1 INTRODUCTION
  • 10.2 NORTH AMERICA
    IMPACT OF RECESSION ON MARKET IN NORTH AMERICA
    BY TYPE
    BY MECHANISM
    - By pump-assisted mechanism
    BY WELL TYPE
    BY APPLICATION
    BY COUNTRY
    - US
    - Canada
    - Mexico
  • 10.3 EUROPE
    IMPACT OF RECESSION ON MARKET IN EUROPE
    BY TYPE
    BY MECHANISM
    - By pump-assisted mechanism
    BY WELL TYPE
    BY APPLICATION
    BY COUNTRY
    - Russia
    - UK
    - Norway
    - Rest of Europe
  • 10.4 ASIA PACIFIC
    IMPACT OF RECESSION ON MARKET IN ASIA PACIFIC
    BY TYPE
    BY MECHANISM
    - By pump-assisted mechanism
    BY WELL TYPE
    BY APPLICATION
    BY COUNTRY
    - China
    - Malaysia
    - India
    - Indonesia
    - Rest of Asia Pacific
  • 10.5 MIDDLE EAST & AFRICA
    IMPACT OF RECESSION ON MARKET IN MIDDLE EAST & AFRICA
    BY TYPE
    BY MECHANISM
    - By pump-assisted mechanism
    BY WELL TYPE
    BY APPLICATION
    BY COUNTRY
    - UAE
    - Kuwait
    - Saudi Arabia
    - Angola
    - Oman
    - Nigeria
    - Rest of Middle East & Africa
  • 10.6 SOUTH AMERICA
    IMPACT OF RECESSION ON MARKET IN SOUTH AMERICA
    BY TYPE
    BY MECHANISM
    - By pump-assisted mechanism
    BY WELL TYPE
    BY APPLICATION
    BY COUNTRY
    - Venezuela
    - Brazil
    - Colombia
    - Ecuador
    - Rest of South America
COMPETITIVE LANDSCAPE
175
  • 11.1 STRATEGIES ADOPTED BY KEY PLAYERS
  • 11.2 MARKET SHARE ANALYSIS, 2022
  • 11.3 MARKET EVALUATION FRAMEWORK, 2019–2023
  • 11.4 REVENUE ANALYSIS, 2018–2022
  • 11.5 KEY COMPANY EVALUATION MATRIX, 2022
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
  • 11.6 COMPANY FOOTPRINT
  • 11.7 START-UPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX, 2022
    PROGRESSIVE COMPANIES
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
    STARTING BLOCKS
  • 11.8 COMPETITIVE BENCHMARKING
  • 11.9 COMPETITIVE SCENARIOS AND TRENDS
    PRODUCT LAUNCHES
    DEALS
    OTHERS
COMPANY PROFILES
195
  • 12.1 KEY PLAYERS
    SLB
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    HALLIBURTON
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    BAKER HUGHES COMPANY
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    WEATHERFORD
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    CHAMPIONX
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    NOV INC.
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    TENARIS
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    DISTRIBUTIONNOW
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    LEVARE
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    OILSERV
    - Business overview
    - Products/Services/Solutions offered
    NOVOMET
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    JJ TECH
    - Business overview
    - Products/Services/Solutions offered
    RIMERA GROUP
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    LUFKIN
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    ALKHORAYEF PETROLEUM
    - Business overview
    - Products/Services/Solutions offered
  • 12.2 OTHER PLAYERS
    NATIONAL ENERGY SERVICES REUNITED CORP.
    CAIRN OIL & GAS
    PENGUIN PETROLEUM SERVICES (P) LIMITED
    ENDURANCE LIFT SOLUTIONS
    VALIANT ARTIFICIAL LIFT SOLUTIONS
APPENDIX
252
  • 13.1 INSIGHTS FROM INDUSTRY EXPERTS
  • 13.2 DISCUSSION GUIDE
  • 13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 13.4 CUSTOMIZATION OPTIONS
  • 13.5 RELATED REPORTS
  • 13.6 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 ARTIFICIAL LIFT MARKET SNAPSHOT
  • TABLE 2 GLOBAL OIL DEMAND (OECD VS. NON-OECD), 2021–2028
  • TABLE 3 HORIZONTAL WELL: ARTIFICIAL LIFT METHODS
  • TABLE 4 PARTICIPANTS AND THEIR ROLE IN ARTIFICIAL LIFT ECOSYSTEM
  • TABLE 5 MARKET: LIST OF CONFERENCES AND EVENTS
  • TABLE 6 ARTIFICIAL LIFT: INNOVATIONS AND PATENT REGISTRATIONS, 2018–2023
  • TABLE 7 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 8 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 9 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 10 SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 11 MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 12 MARKET: STANDARDS AND REGULATIONS
  • TABLE 13 INDICATIVE PRICING ANALYSIS, BY TYPE, 2022 (USD)
  • TABLE 14 AVERAGE PRICING ANALYSIS, BY REGION, 2022 (USD)
  • TABLE 15 EXPORT SCENARIO FOR HS CODE 841360, BY COUNTRY, 2020–2022 (USD)
  • TABLE 16 IMPORT SCENARIO FOR HS CODE 841360, BY COUNTRY, 2020–2022 (USD)
  • TABLE 17 ARTIFICIAL LIFT MARKET: PORTER’S FIVE FORCES ANALYSIS
  • TABLE 18 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS (%)
  • TABLE 19 KEY BUYING CRITERIA FOR ARTIFICIAL LIFT TYPES
  • TABLE 20 COMPARISON OF ARTIFICIAL LIFT METHODS
  • TABLE 21 MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 22 ARTIFICIAL LIFT MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 23 ROD LIFT SYSTEMS: ARTIFICIAL LIFT MARKET, BY REGION, 2017–2022 (USD MILLION)
  • TABLE 24 ROD LIFT SYSTEMS: MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 25 ELECTRICAL SUBMERSIBLE PUMPS: MARKET, BY REGION, 2017–2022 (USD MILLION)
  • TABLE 26 ELECTRICAL SUBMERSIBLE PUMPS: MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 27 GAS LIFT SYSTEMS: MARKET, BY REGION, 2017–2022 (USD MILLION)
  • TABLE 28 GAS LIFT SYSTEMS: MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 29 PROGRESSIVE CAVITY PUMPS: MARKET, BY REGION, 2017–2022 (USD MILLION)
  • TABLE 30 PROGRESSIVE CAVITY PUMPS: MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 31 OTHERS: MARKET, BY REGION, 2017–2022 (USD MILLION)
  • TABLE 32 OTHERS: MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 33 MARKET, BY MECHANISM, 2017–2022 (USD MILLION)
  • TABLE 34 ARTIFICIAL LIFT MARKET, BY MECHANISM, 2023–2028 (USD MILLION)
  • TABLE 35 PUMP-ASSISTED: ARTIFICIAL LIFT MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 36 PUMP-ASSISTED: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 37 PUMP-ASSISTED: MARKET, BY REGION, 2017–2022 (USD MILLION)
  • TABLE 38 PUMP-ASSISTED: MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 39 POSITIVE DISPLACEMENT: MARKET FOR PUMP-ASSISTED MECHANISM, BY REGION, 2017–2022 (USD MILLION)
  • TABLE 40 POSITIVE DISPLACEMENT: MARKET FOR PUMP-ASSISTED MECHANISM, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 41 DYNAMIC DISPLACEMENT: MARKET FOR PUMP-ASSISTED MECHANISM, BY REGION, 2017–2022 (USD MILLION)
  • TABLE 42 DYNAMIC DISPLACEMENT: MARKET FOR PUMP-ASSISTED MECHANISM, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 43 GAS-ASSISTED: MARKET, BY REGION, 2017–2022 (USD MILLION)
  • TABLE 44 GAS-ASSISTED: MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 45 MARKET, BY WELL TYPE, 2017–2022 (USD MILLION)
  • TABLE 46 ARTIFICIAL LIFT MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 47 HORIZONTAL: MARKET, BY REGION, 2017–2022 (USD MILLION)
  • TABLE 48 HORIZONTAL: MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 49 VERTICAL: MARKET, BY REGION, 2017–2022 (USD MILLION)
  • TABLE 50 VERTICAL: MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 51 MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 52 ARTIFICIAL LIFT MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 53 ONSHORE: MARKET, BY REGION, 2017–2022 (USD MILLION)
  • TABLE 54 ONSHORE: MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 55 OFFSHORE: MARKET, BY REGION, 2017–2022 (USD MILLION)
  • TABLE 56 OFFSHORE: MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 57 MARKET, BY REGION, 2017–2022 (USD MILLION)
  • TABLE 58 ARTIFICIAL LIFT MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 59 NORTH AMERICA: ARTIFICIAL LIFT MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 60 NORTH AMERICA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 61 NORTH AMERICA: MARKET, BY MECHANISM, 2017–2022 (USD MILLION)
  • TABLE 62 NORTH AMERICA: MARKET, BY MECHANISM, 2023–2028 (USD MILLION)
  • TABLE 63 NORTH AMERICA: MARKET, BY PUMP-ASSISTED MECHANISM, 2017–2022 (USD MILLION)
  • TABLE 64 NORTH AMERICA: MARKET, BY PUMP-ASSISTED MECHANISM, 2023–2028 (USD MILLION)
  • TABLE 65 NORTH AMERICA: MARKET, BY WELL TYPE, 2017–2022 (USD MILLION)
  • TABLE 66 NORTH AMERICA: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 67 NORTH AMERICA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 68 NORTH AMERICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 69 NORTH AMERICA: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
  • TABLE 70 NORTH AMERICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 71 US: ARTIFICIAL LIFT MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 72 US: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 73 US: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 74 US: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 75 CANADA: MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 76 CANADA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 77 CANADA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 78 CANADA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 79 MEXICO: MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 80 MEXICO: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 81 MEXICO: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 82 MEXICO: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 83 EUROPE: ARTIFICIAL LIFT MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 84 EUROPE: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 85 EUROPE: MARKET, BY MECHANISM, 2017–2022 (USD MILLION)
  • TABLE 86 EUROPE: MARKET, BY MECHANISM, 2023–2028 (USD MILLION)
  • TABLE 87 EUROPE: MARKET, BY PUMP-ASSISTED MECHANISM, 2017–2022 (USD MILLION)
  • TABLE 88 EUROPE: MARKET, BY PUMP-ASSISTED MECHANISM, 2023–2028 (USD MILLION)
  • TABLE 89 EUROPE: MARKET, BY WELL TYPE, 2017–2022 (USD MILLION)
  • TABLE 90 EUROPE: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 91 EUROPE: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 92 EUROPE: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 93 EUROPE: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
  • TABLE 94 EUROPE: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 95 RUSSIA: ARTIFICIAL LIFT MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 96 RUSSIA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 97 RUSSIA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 98 RUSSIA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 99 UK: MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 100 UK: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 101 UK: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 102 UK: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 103 NORWAY: MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 104 NORWAY: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 105 NORWAY: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 106 NORWAY: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 107 REST OF EUROPE: MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 108 REST OF EUROPE: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 109 REST OF EUROPE: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 110 REST OF EUROPE: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 111 ASIA PACIFIC: ARTIFICIAL LIFT MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 112 ASIA PACIFIC: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 113 ASIA PACIFIC: MARKET, BY MECHANISM, 2017–2022 (USD MILLION)
  • TABLE 114 ASIA PACIFIC: MARKET, BY MECHANISM, 2023–2028 (USD MILLION)
  • TABLE 115 ASIA PACIFIC: MARKET, BY PUMP-ASSISTED MECHANISM, 2017–2022 (USD MILLION)
  • TABLE 116 ASIA PACIFIC: MARKET, BY PUMP-ASSISTED MECHANISM, 2023–2028 (USD MILLION)
  • TABLE 117 ASIA PACIFIC: MARKET, BY WELL TYPE, 2017–2022 (USD MILLION)
  • TABLE 118 ASIA PACIFIC: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 119 ASIA PACIFIC: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 120 ASIA PACIFIC: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 121 ASIA PACIFIC: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
  • TABLE 122 ASIA PACIFIC: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 123 CHINA: ARTIFICIAL LIFT MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 124 CHINA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 125 CHINA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 126 CHINA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 127 MALAYSIA: MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 128 MALAYSIA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 129 MALAYSIA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 130 MALAYSIA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 131 INDIA: MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 132 INDIA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 133 INDIA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 134 INDIA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 135 INDONESIA: MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 136 INDONESIA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 137 INDONESIA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 138 INDONESIA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 139 REST OF ASIA PACIFIC: MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 140 REST OF ASIA PACIFIC: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 141 REST OF ASIA PACIFIC: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 142 REST OF ASIA PACIFIC: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 143 MIDDLE EAST & AFRICA: ARTIFICIAL LIFT MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 144 MIDDLE EAST & AFRICA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 145 MIDDLE EAST & AFRICA: MARKET, BY MECHANISM, 2017–2022 (USD MILLION)
  • TABLE 146 MIDDLE EAST & AFRICA: MARKET, BY MECHANISM, 2023–2028 (USD MILLION)
  • TABLE 147 MIDDLE EAST & AFRICA: MARKET, BY PUMP-ASSISTED MECHANISM, 2017–2022 (USD MILLION)
  • TABLE 148 MIDDLE EAST & AFRICA: MARKET, BY PUMP-ASSISTED MECHANISM, 2023–2028 (USD MILLION)
  • TABLE 149 MIDDLE EAST & AFRICA: MARKET, BY WELL TYPE, 2017–2022 (USD MILLION)
  • TABLE 150 MIDDLE EAST & AFRICA: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 151 MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 152 MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 153 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
  • TABLE 154 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 155 UAE: ARTIFICIAL LIFT MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 156 UAE: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 157 UAE: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 158 UAE: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 159 KUWAIT: MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 160 KUWAIT: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 161 KUWAIT: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 162 KUWAIT: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 163 SAUDI ARABIA: ARTIFICIAL LIFT MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 164 SAUDI ARABIA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 165 SAUDI ARABIA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 166 SAUDI ARABIA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 167 ANGOLA: MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 168 ANGOLA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 169 ANGOLA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 170 ANGOLA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 171 OMAN: MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 172 OMAN: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 173 OMAN: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 174 OMAN: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 175 NIGERIA: MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 176 NIGERIA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 177 NIGERIA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 178 NIGERIA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 179 REST OF MIDDLE EAST & AFRICA: MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 180 REST OF MIDDLE EAST & AFRICA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 181 REST OF MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 182 REST OF MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 183 SOUTH AMERICA: ARTIFICIAL LIFT MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 184 SOUTH AMERICA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 185 SOUTH AMERICA: MARKET, BY MECHANISM, 2017–2022 (USD MILLION)
  • TABLE 186 SOUTH AMERICA: MARKET, BY MECHANISM, 2023–2028 (USD MILLION)
  • TABLE 187 SOUTH AMERICA: MARKET, BY PUMP-ASSISTED MECHANISM, 2017–2022 (USD MILLION)
  • TABLE 188 SOUTH AMERICA: MARKET, BY PUMP-ASSISTED MECHANISM, 2023–2028 (USD MILLION)
  • TABLE 189 SOUTH AMERICA: MARKET, BY WELL TYPE, 2017–2022 (USD MILLION)
  • TABLE 190 SOUTH AMERICA: MARKET, BY WELL TYPE, 2023–2028 (USD MILLION)
  • TABLE 191 SOUTH AMERICA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 192 SOUTH AMERICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 193 SOUTH AMERICA: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
  • TABLE 194 SOUTH AMERICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 195 VENEZUELA: MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 196 VENEZUELA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 197 VENEZUELA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 198 VENEZUELA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 199 BRAZIL: MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 200 BRAZIL: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 201 BRAZIL: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 202 BRAZIL: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 203 COLOMBIA: MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 204 COLOMBIA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 205 COLOMBIA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 206 COLOMBIA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 207 ECUADOR: MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 208 ECUADOR: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 209 ECUADOR: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 210 ECUADOR: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 211 REST OF SOUTH AMERICA: MARKET, BY TYPE, 2017–2022 (USD MILLION)
  • TABLE 212 REST OF SOUTH AMERICA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 213 REST OF SOUTH AMERICA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
  • TABLE 214 REST OF SOUTH AMERICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 215 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN MARKET
  • TABLE 216 ARTIFICIAL LIFT MARKET: DEGREE OF COMPETITION
  • TABLE 217 MARKET EVALUATION FRAMEWORK, 2019–2023
  • TABLE 218 TYPE: COMPANY FOOTPRINT
  • TABLE 219 MECHANISM: COMPANY FOOTPRINT
  • TABLE 220 APPLICATION: COMPANY FOOTPRINT
  • TABLE 221 WELL TYPE: COMPANY FOOTPRINT
  • TABLE 222 REGION: COMPANY FOOTPRINT
  • TABLE 223 MARKET: LIST OF KEY START-UPS/SMES
  • TABLE 224 TYPE: START-UPS/SMES FOOTPRINT
  • TABLE 225 MECHANISM: START-UPS/SMES FOOTPRINT
  • TABLE 226 APPLICATION: START-UPS/SMES FOOTPRINT
  • TABLE 227 WELL TYPE: START-UPS/SMES FOOTPRINT
  • TABLE 228 REGION: START-UPS/SMES FOOTPRINT
  • TABLE 229 MARKET: PRODUCT LAUNCHES, 2019–2023
  • TABLE 230 MARKET: DEALS, 2019–2023
  • TABLE 231 MARKET: OTHERS, 2019–2023
  • TABLE 232 SLB: COMPANY OVERVIEW
  • TABLE 233 SLB: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 234 SLB: DEALS
  • TABLE 235 SLB: OTHERS
  • TABLE 236 HALLIBURTON: COMPANY OVERVIEW
  • TABLE 237 HALLIBURTON: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 238 HALLIBURTON: DEALS
  • TABLE 239 HALLIBURTON: OTHERS
  • TABLE 240 BAKER HUGHES COMPANY: COMPANY OVERVIEW
  • TABLE 241 BAKER HUGHES COMPANY: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 242 BAKER HUGHES COMPANY: DEALS
  • TABLE 243 BAKER HUGHES COMPANY: OTHERS
  • TABLE 244 WEATHERFORD: COMPANY OVERVIEW
  • TABLE 245 WEATHERFORD: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 246 WEATHERFORD: PRODUCT LAUNCHES
  • TABLE 247 WEATHERFORD: DEALS
  • TABLE 248 CHAMPIONX: COMPANY OVERVIEW
  • TABLE 249 CHAMPIONX: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 250 CHAMPIONX: PRODUCT LAUNCHES
  • TABLE 251 CHAMPIONX: DEALS
  • TABLE 252 NOV INC.: COMPANY OVERVIEW
  • TABLE 253 NOV INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 254 NOV INC.: PRODUCT LAUNCHES
  • TABLE 255 TENARIS: COMPANY OVERVIEW
  • TABLE 256 TENARIS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 257 TENARIS: PRODUCT LAUNCHES
  • TABLE 258 TENARIS: DEALS
  • TABLE 259 TENARIS: OTHERS
  • TABLE 260 DISTRIBUTIONNOW: COMPANY OVERVIEW
  • TABLE 261 DISTRIBUTIONNOW: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 262 DISTRIBUTIONNOW: DEALS
  • TABLE 263 LEVARE: COMPANY OVERVIEW
  • TABLE 264 LEVARE: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 265 LEVARE: DEALS
  • TABLE 266 OILSERV: COMPANY OVERVIEW
  • TABLE 267 OILSERV: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 268 NOVOMET: COMPANY OVERVIEW
  • TABLE 269 NOVOMET: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 270 NOVOMET: DEALS
  • TABLE 271 JJ TECH: COMPANY OVERVIEW
  • TABLE 272 JJ TECH: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 273 RIMERA GROUP: COMPANY OVERVIEW
  • TABLE 274 RIMERA GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 275 RIMERA GROUP: PRODUCT LAUNCHES
  • TABLE 276 RIMERA GROUP: DEALS
  • TABLE 277 LUFKIN: COMPANY OVERVIEW
  • TABLE 278 LUFKIN: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 279 LUFKIN: DEALS
  • TABLE 280 LUFKIN: OTHERS
  • TABLE 281 ALKHORAYEF PETROLEUM: COMPANY OVERVIEW
  • TABLE 282 ALKHORAYEF PETROLEUM: PRODUCTS/SERVICES/SOLUTIONS OFFERED
LIST OF FIGURES
 
  • FIGURE 1 ARTIFICIAL LIFT MARKET SEGMENTATION
  • FIGURE 2 MARKET: RESEARCH DESIGN
  • FIGURE 3 DATA TRIANGULATION METHODOLOGY
  • FIGURE 4 BREAKDOWN OF PRIMARIES
  • FIGURE 5 ARTIFICIAL LIFT MARKET: BOTTOM-UP APPROACH
  • FIGURE 6 MARKET: TOP-DOWN APPROACH
  • FIGURE 7 CRUDE OIL PRICE VS. RIG COUNT
  • FIGURE 8 OPERATIONAL WELL COUNT VS. CRUDE OIL PRODUCTION
  • FIGURE 9 CRUDE OIL PRICE TREND
  • FIGURE 10 METRICS CONSIDERED TO ANALYZE AND ASSESS DEMAND FOR ARTIFICIAL LIFT SYSTEMS
  • FIGURE 11 KEY METRICS CONSIDERED TO ASSESS SUPPLY OF ARTIFICIAL LIFT SOLUTIONS
  • FIGURE 12 ARTIFICIAL LIFT MARKET: SUPPLY-SIDE ANALYSIS
  • FIGURE 13 ROD LIFT SYSTEMS SEGMENT TO HOLD LARGEST SHARE OF MARKET, BY TYPE, IN 2028
  • FIGURE 14 PUMP-ASSISTED SEGMENT DOMINATED MARKET, BY MECHANISM, IN 2023
  • FIGURE 15 VERTICAL SEGMENT TO LEAD ARTIFICIAL LIFT MARKET, BY WELL TYPE, IN 2028
  • FIGURE 16 ONSHORE SEGMENT HELD LARGER SHARE OF MARKET, BY APPLICATION, IN 2023
  • FIGURE 17 NORTH AMERICA DOMINATED MARKET, BY REGION, IN 2022
  • FIGURE 18 RISING EXPLORATION AND PRODUCTION OF UNCONVENTIONAL OIL & GAS RESOURCES TO DRIVE ARTIFICIAL LIFT MARKET FROM 2023 TO 2028
  • FIGURE 19 NORTH AMERICA TO REGISTER HIGHEST CAGR IN ARTIFICIAL LIFT MARKET DURING FORECAST PERIOD
  • FIGURE 20 ONSHORE SEGMENT AND US HELD LARGEST SHARES OF MARKET IN NORTH AMERICA IN 2022
  • FIGURE 21 ROD LIFT SYSTEMS HELD LARGEST SHARE OF MARKET IN 2022
  • FIGURE 22 ONSHORE APPLICATIONS CAPTURED MAJOR MARKET SHARE IN 2022
  • FIGURE 23 VERTICAL SEGMENT ACCOUNTED FOR LARGER SHARE OF MARKET IN 2022
  • FIGURE 24 PUMP-ASSISTED SEGMENT DOMINATED MARKET IN 2022
  • FIGURE 25 ARTIFICIAL LIFT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 26 GLOBAL OIL DEMAND, 2019–2028
  • FIGURE 27 CAPITAL EXPENDITURE OF OILFIELD OPERATORS, 2017–2022
  • FIGURE 28 CAPITAL EXPENDITURE OF OIL & GAS SERVICE PROVIDERS, 2017–2022
  • FIGURE 29 RENEWABLE CAPACITY ADDITIONS, BY COUNTRY/REGION, 2019–2022
  • FIGURE 30 REVENUE SHIFTS AND NEW REVENUE POCKETS FOR ARTIFICIAL LIFT PROVIDERS
  • FIGURE 31 MARKET: SUPPLY CHAIN ANALYSIS
  • FIGURE 32 ECOSYSTEM ANALYSIS
  • FIGURE 33 EXPORT DATA FOR HS CODE 841360 OF TOP FIVE COUNTRIES, 2020–2022 (USD)
  • FIGURE 34 IMPORT DATA FOR HS CODE 841360 OF TOP FIVE COUNTRIES, 2020–2022 (USD)
  • FIGURE 35 ARTIFICIAL LIFT MARKET: PORTER’S FIVE FORCES ANALYSIS
  • FIGURE 36 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS
  • FIGURE 37 KEY BUYING CRITERIA FOR ARTIFICIAL LIFT TYPES
  • FIGURE 38 ARTIFICIAL LIFT MARKET, BY TYPE, 2022
  • FIGURE 39 MARKET, BY MECHANISM, 2022
  • FIGURE 40 MARKET, BY WELL TYPE, 2022
  • FIGURE 41 MARKET, BY APPLICATION, 2022
  • FIGURE 42 MARKET IN NORTH AMERICA TO REGISTER HIGHEST CAGR FROM 2023 TO 2028
  • FIGURE 43 ARTIFICIAL LIFT MARKET, BY REGION, 2022
  • FIGURE 44 NORTH AMERICA: MARKET SNAPSHOT, 2022
  • FIGURE 45 EUROPE: MARKET SNAPSHOT, 2022
  • FIGURE 46 ARTIFICIAL LIFT MARKET SHARE ANALYSIS, 2022
  • FIGURE 47 REVENUE ANALYSIS FOR KEY COMPANIES IN PAST FIVE YEARS
  • FIGURE 48 MARKET: KEY COMPANY EVALUATION MATRIX, 2022
  • FIGURE 49 MARKET: START-UPS /SMES EVALUATION MATRIX, 2022
  • FIGURE 50 SLB: COMPANY SNAPSHOT
  • FIGURE 51 HALLIBURTON: COMPANY SNAPSHOT
  • FIGURE 52 BAKER HUGHES COMPANY: COMPANY SNAPSHOT
  • FIGURE 53 WEATHERFORD: COMPANY SNAPSHOT
  • FIGURE 54 CHAMPIONX: COMPANY SNAPSHOT
  • FIGURE 55 NOV INC.: COMPANY SNAPSHOT
  • FIGURE 56 TENARIS: COMPANY SNAPSHOT
  • FIGURE 57 DISTRIBUTIONNOW: COMPANY SNAPSHOT

 

Methodology

The study involved major activities in estimating the current size of the artificial lift market. Exhaustive secondary research was done to collect information on the peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the total market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of the segments and subsegments.

Secondary Research

This research study on the market involved the use of extensive secondary sources, directories, and databases, such as Hoover’s, Bloomberg, Factiva, IRENA, International Energy Agency, and Statista Industry Journal, to collect and identify information useful for a technical, market-oriented, and commercial study of the market. The other secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.

Primary Research

The artificial lift market comprises several stakeholders, such as artificial lift manufacturers, technology providers, and technical support providers in the supply chain. The demand side of this market is characterized by the rising demand for types of artificial lifts such as rod lift systems, electric submersible pumps, progressive cavity pumps, and gas lift systems. The supply side is characterized by rising demand for contracts from the industrial sector and mergers & acquisitions among big players. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:

Artificial Lift Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the artificial lift market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and market have been identified through extensive secondary research, and their market share has been determined through primary and secondary research.
  • The industry’s value chain and market size, in terms of value, have been determined through both primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Artificial Lift Market Size: Top-Down Approach

Artificial Lift Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Artificial Lift Market Size: Bottom-Up Approach

Artificial Lift Market Size, and Share

Data Triangulation

After arriving at the overall market size from the above estimation process, the total market has been split into several segments and subsegments. Data triangulation and market breakdown processes have been employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and sub-segments, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand- and supply sides. Along with this, the market has been validated using both the top-down and bottom-up approaches.

Market Definition

Artificial lift methods are used to increase the pressure within oil & gas reservoirs to increase crude oil production rates from producing wells. These methods are used when the natural drive energy of the reservoir is not strong enough to push the oil to the surface.

The market for artificial lift is defined as the sum of revenues generated by global companies offering artificial lift solutions, such as rod lift systems, gas lift systems, electric submersible pumps (ESPs), and progressive cavity pumps (PCPs). Artificial lifts can be deployed on horizontal and vertical wells for onshore and offshore applications.

Key Stakeholders

  • Artificial Lift Equipment Manufacturers
  • Associations (American Petroleum Institute, Canadian Association of Petroleum Producers, and Others)
  • Drilling Contractors and Production Planning Consultancies
  • Government and Research Organizations
  • Institutional Investors
  • National and Local Government Organizations
  • National Oil Companies (NOCs)
  • Oilfield Service Companies
  • Private E&P Companies

Objectives of the Study

  • To define, describe, segment, and forecast the artificial lift market on the basis of type, mechanism, well type, application, and region, in terms of value
  • To describe and forecast the market for five key regions, namely, North America, Europe, Asia Pacific, South America, and the Middle East & Africa, along with their country-level market sizes, in terms of value
  • To provide detailed information regarding key drivers, restraints, opportunities, and challenges influencing the market’s growth
  • To provide the supply chain analysis, trends/disruptions impacting customers’ businesses, market map, pricing analysis, and regulatory analysis of the market
  • To analyze opportunities for stakeholders and draw a competitive landscape of the market
  • To strategically analyze the ecosystem, tariffs and regulations, patent landscape, trade landscape, Porter’s five forces, and case studies pertaining to the market under study
  • To benchmark market players using the company evaluation matrix, which analyzes market players on broad categories of business and product strategies adopted by them
  • To compare key market players with respect to product specifications and applications
  • To strategically profile key players and comprehensively analyze their market rankings and core competencies
  • To analyze competitive developments, such as contracts & agreements, investments & expansions, mergers & acquisitions, product launches, partnerships, and joint ventures & collaborations, in the market.

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:

Product Analysis

  • Product Matrix, which provides a detailed comparison of the product portfolio of each company

Company Information

  • Detailed analyses and profiling of additional market players

TABLE OF CONTENTS

METHODOLOGY

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