Overview for Artificial Lift System Market Helps in providing scope and definations, Key Findings, Growth Drivers, and Various Dynamics.
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.
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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.
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List of Figures
FIGURE 1. TOP IMPACING FACTORS FOR ARTIFICIAL LIFT SYSTEM MARKET
FIGURE 2. TOP INVESTMENT POCKETS OF ARTIFICIAL LIFT SYSTEM MARKET
FIGURE 3. TOP WINNING STRATEGIES IN ARTIFICIAL LIFT SYSTEM MARKET
FIGURE 4. TOP WINNING STRATEGIES IN ARTIFICIAL LIFT SYSTEM MARKET BY LEADING PLAYERS
FIGURE 5. PORTERS FIVE FORCES MODEL
FIGURE 6. VALUE CHAIN OF ARTIFICIAL LIFT SYSTEM MARKET
FIGURE 7. MARKET SHARE ANALYSIS, 2015
FIGURE 8. SHARE ON ONSHORE, OFFSHORE AND OFFSHORE DEEP WATER OIL PRODUCTION, 2015
FIGURE 9. WEEKLY FIELD PRODUCTION OF CRUDE OIL IN U.S., 2000-2016 (THOUSAND BARRELS PER DAY)
FIGURE 10. CHANGE IN OIL CONSUMPTION IN DIFFERENT REGIONS OF THE WORLD, 2008-2013
FIGURE 11. BAKER HUGHES: REVENUE, 2013-2015 ($MILLION)
FIGURE 12. BAKER HUGHES: REVENUE BY BUSINESS SEGMENTS, 2015 (%)
FIGURE 13. SWOT ANALYSIS OF BAKER HUGHES
FIGURE 14. GE: REVENUE, 2013-2015 ($MILLION)
FIGURE 15. GE: REVENUE BY BUSINES SEGMENTS, 2015 (%)
FIGURE 16. GE: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 17. SWOT ANALYSIS OF GE
FIGURE 18. NOV: REVENUE, 2013-2015 ($MILLION)
FIGURE 19. NOV: REVENUE BY BUSINESS SEGMENT, 2015 (%)
FIGURE 20. NOV: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 21. SWOT ANALYSIS OF NOV
FIGURE 22. HALLIBURTON: REVENUE, 2013-2015 ($MILLION)
FIGURE 23. HALLIBURTON: REVENUE BY BUSINESS SEGMENTS, 2015 (%)
FIGURE 24. HALLIBURTON: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 25. SWOT ANALYSIS OF HALLIBURTON
FIGURE 26. DOVER CORP.: REVENUE, 2013-2015 ($MILLION)
FIGURE 27. DOVR CORP.: REVENUE BY BUSINESS SEGMENTS, 2015 (%)
FIGURE 28. DOVER CORP.: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 29. SWOT ANALYSIS OF DOVER CORP.
FIGURE 30. SCHLUMBERGER: REVENUE, 2013-2015 ($MILLION)
FIGURE 31. SCHLUMBERGER: REVENUE BY BUSINESS SEGMENTS, 2015 (%)
FIGURE 32. SCHLUMBERGER: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 33. SWOT ANALYSIS OF SCHLUMBERGER
FIGURE 34. SUPERIOR ENERGY: REVENUE, 2013-2015 ($MILLION)
FIGURE 35. SUPERIOR ENERGY: REVENUE BY BUSINESS SEGMENTS, 2015 (%)
FIGURE 36. SWOT ANALYSIS OF SUPERIOR ENERGY SERVICES
FIGURE 37. WEATHERFORD: REVENUE, 2013-2015 ($MILLION)
FIGURE 38. WEATHERFORD: REVENUE BY BUSINESS SEGMENTS, 2015 (%)
FIGURE 39. WEATHERFORD: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 40. SWOT ANALYSIS OF WEATHERFORD
FIGURE 41. TENARIS: REVENUE, 2013-2015($MILLION)
FIGURE 42. TENARIS: REVENUE BY BUSINESS SEGMENTS, 2015(%)
FIGURE 43. TENARIS: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 44. SWOT ANALYSIS OF TENARIS
FIGURE 45. SWOT ANALYSIS OF NOVOMET
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