Dallas, Texas (PRWEB) April 06, 2014
An artificial lift pump is a system installed in oil wells to increase the pressure within the reservoir and encourage oil to travel to the surface. When there is insufficient natural force inside the well to push the oil to the surface, artificial lift pumps are used to pump out the oil. Globally, more than 70 percent of oil wells have lost the natural pressure inside them and are in their mature phase. Hence, they require artificial lift pumps to extract oil to meet the growing demands of the market.
The analysts forecast the Global Artificial Lift Pumps market will grow at a CAGR of 9.08 percent over the period 2013-2018.
Covered in this Report
The Global Artificial Lift Pumps market can be categorized into seven segments based on technology: electrical submerged pumps, gas lift pumps, hydraulic lift pumps, plunger lift pumps, progressive capacity pumps, and rod lift pumps.
The Global Artificial Lift Pumps Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Artificial Lift Pumps market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
- Baker Hughes Inc.
- GE Energy LLC
- Schlumberger Ltd.
- Weatherford International Ltd.
Other Prominent Vendors
- Alnas JSC
- Borets Company LLC
- Kudu Industries LLC
- National Oilwell Varco Inc.
- Norris Production Solutions
- Tenaris SA.
Key Market Driver
- Increasing Number of Mature Oil Fields.
Key Market Challenge
- Fluctuating Cost of Raw Materials.
Key Market Trend
- Emergence of Combined System of Hybrid Lifts.
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Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Table of Contents
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Technology
08. Geographical Segmentation
09. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
List of Exhibits:
Exhibit 1: Market Research Methodology
Exhibit 2: Global Artificial Lift Pumps Market
Exhibit 3: Global Artificial Lift Pumps Market 2013-2018 (US$ million)
Exhibit 4: Global Artificial Lift Pumps Market by ESP Systems 2013-2018 (US$ million)
Exhibit 5: Global Artificial Lift Pumps Market by Rod Lift Systems 2013-2018 (US$ million)
Exhibit 6: Global Artificial Lift Pumps Market by PCP Systems 2013-2018 (US$ million)
Exhibit 7: Global Artificial Lift Pumps Market by Gas Lift Systems 2013-2018 (US$ million)
Exhibit 8: Global Artificial Lift Pumps Market by Hydraulic Systems 2013-2018 (US$ million)
Exhibit 9: Global Artificial Lift Pumps Market by Plunger Lift Systems 2013-2018 (US$ million)
Exhibit 10: Artificial Lift Pumps Market in the Americas 2013-2018 (US$ million)
Exhibit 11: Artificial Lift Pumps Market in Europe 2013-2018 (US$ million)
Exhibit 12: Artificial Lift Pumps Market in the APAC Region 2013-2018 (US$ million)
Exhibit 13: Artificial Lift Pumps Market in the MEA Region 2013-2018 (US$ million)
Exhibit 14: Global Demand for Crude Oil (thousand barrels per day)
Exhibit 15: US Shale Gas Production (Billion Cubic Feet)
Exhibit 16: LME Steel Price Fluctuation during January-December 2013 (US$)
Exhibit 17: LME Copper Price Fluctuation during January-December 2013 (US$)
Exhibit 18: Number of Concluded Deals in Terms of Sub-sectors
Exhibit 19: Sub-sector Wise Value of Deals (US$ million)
Exhibit 20: Baker Hughes Geographical Revenue Segmentation 2013
Exhibit 21: Business Segmentation: Baker Hughes
Exhibit 22: Business Segmentation: Schlumberger 2012
Exhibit 23: Revenue Segments: Schlumberger
Exhibit 24: Business Segmentation: Weatherford International
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