Dublin, Jan. 22, 2019 (GLOBE NEWSWIRE) -- The "Artificial Lift Systems - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering. Global Artificial Lift Systems market accounted for $18337.42 million in 2017 and is expected to reach $54040.47 million by 2026 growing at a CAGR of 12.7%. Factors such as increasing oil & shale gas production, growing usage of automation and remote technology and rising number of mature fields are boosting the market growth. In addition, increase in subsea drilling activities and growing levels of exploration activities will provide ample opportunities for the market growth. However, high cost of investment and strict government policies are hindering the growth of the market. Artificial lifting are the technologies used to produce fluids from wells already dead or to increase the production rate from flowing wells. These fall into several categories depending on the operating principle, design and energy source. Artificial lift is needed in wells when there is insufficient pressure in the reservoir to lift the produced fluids to the surface, but often used in naturally flowing wells. By Type, electrical submersible pump (ESP) segment registered considerable share during forecast period. The growth is due to huge demand from agriculture and wastewater treatment industries. The pump is extensively used to lift huge volumes of oil in both offshore and onshore wells. North America is the leading market for artificial lift systems followed by Europe and it is expected to continue its growth during the forecast period, due to rapidly growing production of components such as pumps, motors, controllers, and sucker rods in the region. What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered: 1 Executive Summary 2 Preface 2.1 Abstract 2.2 Stake Holders 2.3 Research Scope 2.4 Research Methodology 2.5 Research Sources 3 Market Trend Analysis 3.1 Introduction 3.2 Drivers 3.3 Restraints 3.4 Opportunities 3.5 Threats 3.6 Application Analysis 3.7 Emerging Markets 3.8 Futuristic Market Scenario 4 Porters Five Force Analysis 4.1 Bargaining power of suppliers 4.2 Bargaining power of buyers 4.3 Threat of substitutes 4.4 Threat of new entrants 4.5 Competitive rivalry 5 Global Artificial Lift Systems Market, By Actuation mode 5.1 Introduction 5.2 Gas assisted artificial lift system 5.2.1 Plunger Lift 5.2.2 Gas Lift 5.3 Pump assisted artificial lift system 5.3.1 Hydraulic Piston System 5.3.2 Progressive Cavity Pump 5.3.3 Rod Pump 5.3.4 Electrical Submersible Pump (ESP) 6 Global Artificial Lift Systems Market, By Component 6.1 Introduction 6.2 Pump 6.3 Motor 6.4 Cable System 6.5 Gas Lift Mandrel 6.6 Control System 6.7 Gas Lift Valves 6.8 Drivehead 6.9 Pump Jack 6.10 Sucker Rods 6.11 Separators 6.12 Controller 6.13 Other Components 7 Global Artificial Lift Systems Market, By Mechansim 7.1 Introduction 7.2 Gas Assisted 7.3 Positive Displacement 7.4 Dynamic Displacement 8 Global Artificial Lift Systems Market, By Application 8.1 Introduction 8.2 Offshore 8.3 Onshore 9 Global Artificial Lift Systems Market, By Geography 9.1 Introduction 9.2 North America 9.3 Europe 9.4 Asia Pacific 9.5 South America 9.6 Middle East & Africa 10 Key Developments 10.1 Agreements, Partnerships, Collaborations and Joint Ventures 10.2 Acquisitions & Mergers 10.3 New Product Launch 10.4 Expansions 10.5 Other Key Strategies 11 Company Profiling 11.1 Compass Oil and Gas Solutions ltd. 11.2 Flotek Industries, Inc. 11.3 Halliburton Company 11.4 National Oilwell Varco, Inc. 11.5 Superior Energy Services, Inc. 11.6 Borets International Limited 11.7 Baker Hughes Incorporated 11.8 Weatherford International Ltd. 11.9 Torqueflow Sydex Ltd 11.10 Novomet 11.11 General Electric Company 11.12 Dover Corporation 11.13 Schlumberger Limited 11.14 Kudu Industries Inc. 11.15 Cameron International Corporation 11.16 Dover Corporation 11.17 J&J Technical Services, LLC For more information about this report visit https://www.researchandmarkets.com/research/m...icial?w=12
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