Global Artificial Lift System Market Size study, by Type (EPS, PCB and Rod Lift), Components (Pump, Motor, Separator, Cable, and Pump Jack and Sucker rod) and Regional Forecasts 2019-2026

Published by Bizwit Research and Consulting on 18th November 2019 | Ref: 1464071 | This Product Is In Stock

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Introduction

Global Artificial Lift System market is valued approximately USD 22,617 Million in 2018 and is anticipated to grow with a growth rate of more than 11.2% over the forecast period 2019-2026.

Artificial lift is a process that is applicable in oil wells to create pressure within the reservoir and uplift oil to the surface. Moreover, if the naturally drive energy oil reservoir is failed to push the oil to the surface, at that time artificial lift system is used to recover more production. The factors driving the growth of global artificial lift system market over the forecast years are rising deep, Ultra-deep Offshore and heavy oil production and increasing product requirement in mature field. Lack of industry professionals is hampering the growth of market over the upcoming years. Whereas, booming subsea operation is the lucrative growth opportunity for the market. For instance: According to the International Energy Association, the offshore oil production by scenario in 2017 accounts for 26.4 mboed and expected to grow till 2040 with New policy scenario and Sustainable Development scenario, 27.4 mboed and 18.7 mboed respectively. Thus, the rising offshore oil production across the globe will propel the growth of market over the forecast years.

The regional analysis of global Artificial Lift System market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is accounts for the largest market share in the global artificial lift system market due to the rising use of artificial lift system for shale gas production. Whereas, Asia Pacific is the fastest growing region in the global artificial lift system market over the forecast years owing to the rising population of emerging economies such as India and China and fueling the requirement of oil and gas in these economies.

Table of Contents

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Artificial Lift System Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Artificial Lift System Market Dynamics

3.1. Artificial Lift System Market Impact Analysis (2018-2026)

Chapter 4. Global Artificial Lift System Market Industry Analysis

4.1. Porter’s 5 Force Model

4.2. PEST Analysis

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Artificial Lift System Market, by Types

5.1. Market Snapshot

5.2. Global Artificial Lift System Market by Types, Performance - Potential Analysis

5.3. Global Artificial Lift System Market Estimates & Forecasts by Types 2016-2026 (USD Million)

5.4. Artificial Lift System Market, Sub Segment Analysis

Chapter 6. Global Artificial Lift System Market, by Component

6.1. Market Snapshot

6.2. Global Artificial Lift System Market by Component, Performance - Potential Analysis

6.3. Global Artificial Lift System Market Estimates & Forecasts by Component 2016-2026 (USD Million)

6.4. Artificial Lift System Market, Sub Segment Analysis

Chapter 7. Global Artificial Lift System Market, Regional Analysis

7.1. Artificial Lift System Market, Regional Market Snapshot

7.2. North America Artificial Lift System Market

7.3. Europe Artificial Lift System Market Snapshot

7.4. Asia-Pacific Artificial Lift System Market Snapshot

7.5. Latin America Artificial Lift System Market Snapshot

7.6. Rest of The World Artificial Lift System Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

Chapter 9. Research Process

9.1. Research Process

9.2. Research Attributes

9.3. Research Assumption

Additional Details

Publisher

Bizwit Research and Consulting

Publisher Information

Reference

1464071

Number of Pages

200

Report Format

PDF

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