Artificial Lift Systems Market in US 2024-2028

Description

List of Tables

The artificial lift systems market in us is forecasted to grow by USD 1145.3 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the artificial lift systems market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by enhanced production requirements in mature fields, growing demand for oil and natural gas, and investment in oil and gas industry.

Technavio's artificial lift systems market in us is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.2%
CAGR	4.5%
Incremental Value	$1145.3 mn

By Application

Onshore
Offshore

By Type

ESP systems
RLP systems
PCP systems
Others

By Geographical Landscape

North America

This study identifies the increasing use of automation and remote technology as one of the prime reasons driving the artificial lift systems market in us growth during the next few years. Also, key developments in oil and gas industries and increase in offshore exploration activities will lead to sizable demand in the market.

The report on the artificial lift systems market in us covers the following areas:

Artificial Lift Systems Market in US sizing
Artificial Lift Systems Market in US forecast
Artificial Lift Systems Market in US industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading artificial lift systems market in us vendors that include AccessESP, Baker Hughes Co., BCPGroup Artificial Lift Inc., ChampionX Corp., Dover Corp., General Electric Co., Halliburton Co., JJ Tech, Levare International, NOV Inc., Novomet Group, NOW Inc., Occidental Petroleum Corp., Schlumberger Ltd., The Gorman Rupp Co., Valiant Artificial Lift Solutions LLC, and Weatherford International Plc. Also, the artificial lift systems market in us analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR73323

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US: Year-over-year growth 2023-2028 (%)
- Data Table on US: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Artificial Lift Systems Market in US 2018 - 2022
- Historic Market Size - Data Table on Artificial Lift Systems Market in US 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
6.3 Onshore - Market size and forecast 2023-2028
- Chart on Onshore - Market size and forecast 2023-2028 ($ million)
- Data Table on Onshore - Market size and forecast 2023-2028 ($ million)
- Chart on Onshore - Year-over-year growth 2023-2028 (%)
- Data Table on Onshore - Year-over-year growth 2023-2028 (%)
6.4 Offshore - Market size and forecast 2023-2028
- Chart on Offshore - Market size and forecast 2023-2028 ($ million)
- Data Table on Offshore - Market size and forecast 2023-2028 ($ million)
- Chart on Offshore - Year-over-year growth 2023-2028 (%)
- Data Table on Offshore - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Type

7.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
7.3 ESP systems - Market size and forecast 2023-2028
- Chart on ESP systems - Market size and forecast 2023-2028 ($ million)
- Data Table on ESP systems - Market size and forecast 2023-2028 ($ million)
- Chart on ESP systems - Year-over-year growth 2023-2028 (%)
- Data Table on ESP systems - Year-over-year growth 2023-2028 (%)
7.4 RLP systems - Market size and forecast 2023-2028
- Chart on RLP systems - Market size and forecast 2023-2028 ($ million)
- Data Table on RLP systems - Market size and forecast 2023-2028 ($ million)
- Chart on RLP systems - Year-over-year growth 2023-2028 (%)
- Data Table on RLP systems - Year-over-year growth 2023-2028 (%)
7.5 PCP systems - Market size and forecast 2023-2028
- Chart on PCP systems - Market size and forecast 2023-2028 ($ million)
- Data Table on PCP systems - Market size and forecast 2023-2028 ($ million)
- Chart on PCP systems - Year-over-year growth 2023-2028 (%)
- Data Table on PCP systems - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Opportunity/Restraints

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints

10 Competitive Landscape

10.1 Overview
10.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
- Overview on factors of disruption
10.4 Industry risks
- Impact of key risks on business

11 Competitive Analysis

11.1 Companies profiled
- Companies covered
11.2 Market positioning of companies
- Matrix on companies position and classification
11.3 Baker Hughes Co.
- Baker Hughes Co. - Overview
- Baker Hughes Co. - Business segments
- Baker Hughes Co. - Key news
- Baker Hughes Co. - Key offerings
- Baker Hughes Co. - Segment focus
11.4 ChampionX Corp.
- ChampionX Corp. - Overview
- ChampionX Corp. - Product / Service
- ChampionX Corp. - Key offerings
11.5 Dover Corp.
- Dover Corp. - Overview
- Dover Corp. - Business segments
- Dover Corp. - Key news
- Dover Corp. - Key offerings
- Dover Corp. - Segment focus
11.6 Halliburton Co.
- Halliburton Co. - Overview
- Halliburton Co. - Business segments
- Halliburton Co. - Key news
- Halliburton Co. - Key offerings
- Halliburton Co. - Segment focus
11.7 JJ Tech
- JJ Tech - Overview
- JJ Tech - Product / Service
- JJ Tech - Key offerings
11.8 NOV Inc.
- NOV Inc. - Overview
- NOV Inc. - Business segments
- NOV Inc. - Key news
- NOV Inc. - Key offerings
- NOV Inc. - Segment focus
11.9 NOW Inc.
- NOW Inc. - Overview
- NOW Inc. - Business segments
- NOW Inc. - Key offerings
- NOW Inc. - Segment focus
11.10 Schlumberger Ltd.
- Schlumberger Ltd. - Overview
- Schlumberger Ltd. - Business segments
- Schlumberger Ltd. - Key news
- Schlumberger Ltd. - Key offerings
- Schlumberger Ltd. - Segment focus
11.11 Valiant Artificial Lift Solutions LLC
- Valiant Artificial Lift Solutions LLC - Overview
- Valiant Artificial Lift Solutions LLC - Product / Service
- Valiant Artificial Lift Solutions LLC - Key offerings
11.12 Weatherford International Plc
- Weatherford International Plc - Overview
- Weatherford International Plc - Business segments
- Weatherford International Plc - Key news
- Weatherford International Plc - Key offerings
- Weatherford International Plc - Segment focus

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
12.3 Currency conversion rates for US$
- Currency conversion rates for US$
12.4 Research methodology
- Research methodology
12.5 Data procurement
- Information sources
12.6 Data validation
- Data validation
12.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
12.8 Data synthesis
- Data synthesis
12.9 360 degree market analysis
- 360 degree market analysis
12.10 List of abbreviations
- List of abbreviations