Artificial Lift Market 2022: Key Strategies, Historical Analysis, Trends, New Opportunities and Forecast Till 2028
Artificial Lift Market 2022: Key Strategies, Historical Analysis, Trends, New Opportunities and Forecast Till 2028
The Artificial Lift Market report highlights technological advancements, investment opportunities, and regulatory frameworks shaping the industry landscape through 2030.
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Artificial lift is a process used on oil wells to increase pressure within the reservoir and encourage oil to the surface. When the natural drive energy of the reservoir is not strong enough to push the oil to the surface, artificial lift is employed to recover more production. While some wells contain enough pressure for oil to rise to the surface without stimulation, most don't, requiring artificial lift.
This report elaborates the market size, market characteristics, and market growth of the Artificial Lift industry, and breaks down according to the type, application, and consumption area of Artificial Lift. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Artificial Lift in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.
Key players in the global Artificial Lift market covered in Chapter 13:
Schlumberger Limited
National Oilwell Varco
Halliburton Company
J J Tech
Baker Hughes Incorporated
John Crane Group
Dover Corporation
Borets International Limited
Weatherford International PLC
Flotek Industries
General Electric
In Chapter 6, on the basis of types, the Artificial Lift market from 2015 to 2025 is primarily split into:
Rod Lift
ESP
PCP
Plunger
Gas Lift
In Chapter 7, on the basis of applications, the Artificial Lift market from 2015 to 2025 covers:
Pump
Motor
Cable Systems
Drive Head
Separator
Pump Jack
Sucker Rod
Gas Lift Valves
Gas Lift Mandrels
Controller
Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:
United States
Europe
China
Japan
India
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:
North America (Covered in Chapter 8)
United States
Canada
Mexico
Europe (Covered in Chapter 9)
Germany
UK
France
Italy
Spain
Others
Asia-Pacific (Covered in Chapter 10)
China
Japan
India
South Korea
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 11)
Saudi Arabia
UAE
South Africa
Others
South America (Covered in Chapter 12)
Brazil
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 Artificial Lift Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Artificial Lift Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 Artificial Lift Market Forces
3.1 Global Artificial Lift Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 Artificial Lift Market - By Geography
4.1 Global Artificial Lift Market Value and Market Share by Regions
4.1.1 Global Artificial Lift Value ($) by Region (2015-2020)
4.1.2 Global Artificial Lift Value Market Share by Regions (2015-2020)
4.2 Global Artificial Lift Market Production and Market Share by Major Countries
4.2.1 Global Artificial Lift Production by Major Countries (2015-2020)
4.2.2 Global Artificial Lift Production Market Share by Major Countries (2015-2020)
4.3 Global Artificial Lift Market Consumption and Market Share by Regions
4.3.1 Global Artificial Lift Consumption by Regions (2015-2020)
4.3.2 Global Artificial Lift Consumption Market Share by Regions (2015-2020)
5 Artificial Lift Market - By Trade Statistics
5.1 Global Artificial Lift Export and Import
5.2 United States Artificial Lift Export and Import (2015-2020)
5.3 Europe Artificial Lift Export and Import (2015-2020)
5.4 China Artificial Lift Export and Import (2015-2020)
5.5 Japan Artificial Lift Export and Import (2015-2020)
5.6 India Artificial Lift Export and Import (2015-2020)
5.7
6 Artificial Lift Market - By Type
6.1 Global Artificial Lift Production and Market Share by Types (2015-2020)
6.1.1 Global Artificial Lift Production by Types (2015-2020)
6.1.2 Global Artificial Lift Production Market Share by Types (2015-2020)
6.2 Global Artificial Lift Value and Market Share by Types (2015-2020)
6.2.1 Global Artificial Lift Value by Types (2015-2020)
6.2.2 Global Artificial Lift Value Market Share by Types (2015-2020)
6.3 Global Artificial Lift Production, Price and Growth Rate of Rod Lift (2015-2020)
6.4 Global Artificial Lift Production, Price and Growth Rate of ESP (2015-2020)
6.5 Global Artificial Lift Production, Price and Growth Rate of PCP (2015-2020)
6.6 Global Artificial Lift Production, Price and Growth Rate of Plunger (2015-2020)
6.7 Global Artificial Lift Production, Price and Growth Rate of Gas Lift (2015-2020)
7 Artificial Lift Market - By Application
7.1 Global Artificial Lift Consumption and Market Share by Applications (2015-2020)
7.1.1 Global Artificial Lift Consumption by Applications (2015-2020)
7.1.2 Global Artificial Lift Consumption Market Share by Applications (2015-2020)
7.2 Global Artificial Lift Consumption and Growth Rate of Pump (2015-2020)
7.3 Global Artificial Lift Consumption and Growth Rate of Motor (2015-2020)
7.4 Global Artificial Lift Consumption and Growth Rate of Cable Systems (2015-2020)
7.5 Global Artificial Lift Consumption and Growth Rate of Drive Head (2015-2020)
7.6 Global Artificial Lift Consumption and Growth Rate of Separator (2015-2020)
7.7 Global Artificial Lift Consumption and Growth Rate of Pump Jack (2015-2020)
7.8 Global Artificial Lift Consumption and Growth Rate of Sucker Rod (2015-2020)
7.9 Global Artificial Lift Consumption and Growth Rate of Gas Lift Valves (2015-2020)
7.10 Global Artificial Lift Consumption and Growth Rate of Gas Lift Mandrels (2015-2020)
7.11 Global Artificial Lift Consumption and Growth Rate of Controller (2015-2020)
8 North America Artificial Lift Market
8.1 North America Artificial Lift Market Size
8.2 United States Artificial Lift Market Size
8.3 Canada Artificial Lift Market Size
8.4 Mexico Artificial Lift Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe Artificial Lift Market Analysis
9.1 Europe Artificial Lift Market Size
9.2 Germany Artificial Lift Market Size
9.3 United Kingdom Artificial Lift Market Size
9.4 France Artificial Lift Market Size
9.5 Italy Artificial Lift Market Size
9.6 Spain Artificial Lift Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific Artificial Lift Market Analysis
10.1 Asia-Pacific Artificial Lift Market Size
10.2 China Artificial Lift Market Size
10.3 Japan Artificial Lift Market Size
10.4 South Korea Artificial Lift Market Size
10.5 Southeast Asia Artificial Lift Market Size
10.6 India Artificial Lift Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa Artificial Lift Market Analysis
11.1 Middle East and Africa Artificial Lift Market Size
11.2 Saudi Arabia Artificial Lift Market Size
11.3 UAE Artificial Lift Market Size
11.4 South Africa Artificial Lift Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America Artificial Lift Market Analysis
12.1 South America Artificial Lift Market Size
12.2 Brazil Artificial Lift Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 Schlumberger Limited
13.1.1 Schlumberger Limited Basic Information
13.1.2 Schlumberger Limited Product Profiles, Application and Specification
13.1.3 Schlumberger Limited Artificial Lift Market Performance (2015-2020)
13.2 National Oilwell Varco
13.2.1 National Oilwell Varco Basic Information
13.2.2 National Oilwell Varco Product Profiles, Application and Specification
13.2.3 National Oilwell Varco Artificial Lift Market Performance (2015-2020)
13.3 Halliburton Company
13.3.1 Halliburton Company Basic Information
13.3.2 Halliburton Company Product Profiles, Application and Specification
13.3.3 Halliburton Company Artificial Lift Market Performance (2015-2020)
13.4 J J Tech
13.4.1 J J Tech Basic Information
13.4.2 J J Tech Product Profiles, Application and Specification
13.4.3 J J Tech Artificial Lift Market Performance (2015-2020)
13.5 Baker Hughes Incorporated
13.5.1 Baker Hughes Incorporated Basic Information
13.5.2 Baker Hughes Incorporated Product Profiles, Application and Specification
13.5.3 Baker Hughes Incorporated Artificial Lift Market Performance (2015-2020)
13.6 John Crane Group
13.6.1 John Crane Group Basic Information
13.6.2 John Crane Group Product Profiles, Application and Specification
13.6.3 John Crane Group Artificial Lift Market Performance (2015-2020)
13.7 Dover Corporation
13.7.1 Dover Corporation Basic Information
13.7.2 Dover Corporation Product Profiles, Application and Specification
13.7.3 Dover Corporation Artificial Lift Market Performance (2015-2020)
13.8 Borets International Limited
13.8.1 Borets International Limited Basic Information
13.8.2 Borets International Limited Product Profiles, Application and Specification
13.8.3 Borets International Limited Artificial Lift Market Performance (2015-2020)
13.9 Weatherford International PLC
13.9.1 Weatherford International PLC Basic Information
13.9.2 Weatherford International PLC Product Profiles, Application and Specification
13.9.3 Weatherford International PLC Artificial Lift Market Performance (2015-2020)
13.10 Flotek Industries
13.10.1 Flotek Industries Basic Information
13.10.2 Flotek Industries Product Profiles, Application and Specification
13.10.3 Flotek Industries Artificial Lift Market Performance (2015-2020)
13.11 General Electric
13.11.1 General Electric Basic Information
13.11.2 General Electric Product Profiles, Application and Specification
13.11.3 General Electric Artificial Lift Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America Artificial Lift Market Forecast (2020-2025)
14.2 Europe Artificial Lift Market Forecast (2020-2025)
14.3 Asia-Pacific Artificial Lift Market Forecast (2020-2025)
14.4 Middle East and Africa Artificial Lift Market Forecast (2020-2025)
14.5 South America Artificial Lift Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global Artificial Lift Market Forecast by Types (2020-2025)
15.1.1 Global Artificial Lift Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global Artificial Lift Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global Artificial Lift Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure Artificial Lift Picture
Table Artificial Lift Key Market Segments
Figure Study and Forecasting Years
Figure Global Artificial Lift Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global Artificial Lift Value ($) and Growth Rate (2015-2020)
Table Global Artificial Lift Value ($) by Countries (2015-2020)
Table Global Artificial Lift Value Market Share by Regions (2015-2020)
Figure Global Artificial Lift Value Market Share by Regions in 2019
Figure Global Artificial Lift Production and Growth Rate (2015-2020)
Table Global Artificial Lift Production by Major Countries (2015-2020)
Table Global Artificial Lift Production Market Share by Major Countries (2015-2020)
Figure Global Artificial Lift Production Market Share by Regions in 2019
Figure Global Artificial Lift Consumption and Growth Rate (2015-2020)
Table Global Artificial Lift Consumption by Regions (2015-2020)
Table Global Artificial Lift Consumption Market Share by Regions (2015-2020)
Figure Global Artificial Lift Consumption Market Share by Regions in 2019
Table Global Artificial Lift Export Top 3 Country 2019
Table Global Artificial Lift Import Top 3 Country 2019
Table United States Artificial Lift Export and Import (2015-2020)
Table Europe Artificial Lift Export and Import (2015-2020)
Table China Artificial Lift Export and Import (2015-2020)
Table Japan Artificial Lift Export and Import (2015-2020)
Table India Artificial Lift Export and Import (2015-2020)
Table Global Artificial Lift Production by Types (2015-2020)
Table Global Artificial Lift Production Market Share by Types (2015-2020)
Figure Global Artificial Lift Production Share by Type (2015-2020)
Table Global Artificial Lift Value by Types (2015-2020)
Table Global Artificial Lift Value Market Share by Types (2015-2020)
Figure Global Artificial Lift Value Share by Type (2015-2020)
Figure Global Rod Lift Production and Growth Rate (2015-2020)
Figure Global Rod Lift Price (2015-2020)
Figure Global ESP Production and Growth Rate (2015-2020)
Figure Global ESP Price (2015-2020)
Figure Global PCP Production and Growth Rate (2015-2020)
Figure Global PCP Price (2015-2020)
Figure Global Plunger Production and Growth Rate (2015-2020)
Figure Global Plunger Price (2015-2020)
Figure Global Gas Lift Production and Growth Rate (2015-2020)
Figure Global Gas Lift Price (2015-2020)
Table Global Artificial Lift Consumption by Applications (2015-2020)
Table Global Artificial Lift Consumption Market Share by Applications (2015-2020)
Figure Global Artificial Lift Consumption Share by Application (2015-2020)
Figure Global Pump Consumption and Growth Rate (2015-2020)
Figure Global Motor Consumption and Growth Rate (2015-2020)
Figure Global Cable Systems Consumption and Growth Rate (2015-2020)
Figure Global Drive Head Consumption and Growth Rate (2015-2020)
Figure Global Separator Consumption and Growth Rate (2015-2020)
Figure Global Pump Jack Consumption and Growth Rate (2015-2020)
Figure Global Sucker Rod Consumption and Growth Rate (2015-2020)
Figure Global Gas Lift Valves Consumption and Growth Rate (2015-2020)
Figure Global Gas Lift Mandrels Consumption and Growth Rate (2015-2020)
Figure Global Controller Consumption and Growth Rate (2015-2020)
Figure North America Artificial Lift Market Consumption and Growth Rate (2015-2020)
Table North America Artificial Lift Consumption by Countries (2015-2020)
Table North America Artificial Lift Consumption Market Share by Countries (2015-2020)
Figure North America Artificial Lift Consumption Market Share by Countries (2015-2020)
Figure United States Artificial Lift Market Consumption and Growth Rate (2015-2020)
Figure Canada Artificial Lift Market Consumption and Growth Rate (2015-2020)
Figure Mexico Artificial Lift Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe Artificial Lift Market Consumption and Growth Rate (2015-2020)
Table Europe Artificial Lift Consumption by Countries (2015-2020)
Table Europe Artificial Lift Consumption Market Share by Countries (2015-2020)
Figure Europe Artificial Lift Consumption Market Share by Countries (2015-2020)
Figure Germany Artificial Lift Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom Artificial Lift Market Consumption and Growth Rate (2015-2020)
Figure France Artificial Lift Market Consumption and Growth Rate (2015-2020)
Figure Italy Artificial Lift Market Consumption and Growth Rate (2015-2020)
Figure Spain Artificial Lift Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific Artificial Lift Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific Artificial Lift Consumption by Countries (2015-2020)
Table Asia-Pacific Artificial Lift Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific Artificial Lift Consumption Market Share by Countries (2015-2020)
Figure China Artificial Lift Market Consumption and Growth Rate (2015-2020)
Figure Japan Artificial Lift Market Consumption and Growth Rate (2015-2020)
Figure South Korea Artificial Lift Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia Artificial Lift Market Consumption and Growth Rate (2015-2020)
Figure India Artificial Lift Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Artificial Lift Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa Artificial Lift Consumption by Countries (2015-2020)
Table Middle East and Africa Artificial Lift Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa Artificial Lift Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia Artificial Lift Market Consumption and Growth Rate (2015-2020)
Figure UAE Artificial Lift Market Consumption and Growth Rate (2015-2020)
Figure South Africa Artificial Lift Market Consumption and Growth Rate (2015-2020)
Figure South America Artificial Lift Market Consumption and Growth Rate (2015-2020)
Table South America Artificial Lift Consumption by Countries (2015-2020)
Table South America Artificial Lift Consumption Market Share by Countries (2015-2020)
Figure South America Artificial Lift Consumption Market Share by Countries (2015-2020)
Figure Brazil Artificial Lift Market Consumption and Growth Rate (2015-2020)
Table Schlumberger Limited Company Profile
Table Schlumberger Limited Production, Value, Price, Gross Margin 2015-2020
Figure Schlumberger Limited Production and Growth Rate
Figure Schlumberger Limited Value ($) Market Share 2015-2020
Table National Oilwell Varco Company Profile
Table National Oilwell Varco Production, Value, Price, Gross Margin 2015-2020
Figure National Oilwell Varco Production and Growth Rate
Figure National Oilwell Varco Value ($) Market Share 2015-2020
Table Halliburton Company Company Profile
Table Halliburton Company Production, Value, Price, Gross Margin 2015-2020
Figure Halliburton Company Production and Growth Rate
Figure Halliburton Company Value ($) Market Share 2015-2020
Table J J Tech Company Profile
Table J J Tech Production, Value, Price, Gross Margin 2015-2020
Figure J J Tech Production and Growth Rate
Figure J J Tech Value ($) Market Share 2015-2020
Table Baker Hughes Incorporated Company Profile
Table Baker Hughes Incorporated Production, Value, Price, Gross Margin 2015-2020
Figure Baker Hughes Incorporated Production and Growth Rate
Figure Baker Hughes Incorporated Value ($) Market Share 2015-2020
Table John Crane Group Company Profile
Table John Crane Group Production, Value, Price, Gross Margin 2015-2020
Figure John Crane Group Production and Growth Rate
Figure John Crane Group Value ($) Market Share 2015-2020
Table Dover Corporation Company Profile
Table Dover Corporation Production, Value, Price, Gross Margin 2015-2020
Figure Dover Corporation Production and Growth Rate
Figure Dover Corporation Value ($) Market Share 2015-2020
Table Borets International Limited Company Profile
Table Borets International Limited Production, Value, Price, Gross Margin 2015-2020
Figure Borets International Limited Production and Growth Rate
Figure Borets International Limited Value ($) Market Share 2015-2020
Table Weatherford International PLC Company Profile
Table Weatherford International PLC Production, Value, Price, Gross Margin 2015-2020
Figure Weatherford International PLC Production and Growth Rate
Figure Weatherford International PLC Value ($) Market Share 2015-2020
Table Flotek Industries Company Profile
Table Flotek Industries Production, Value, Price, Gross Margin 2015-2020
Figure Flotek Industries Production and Growth Rate
Figure Flotek Industries Value ($) Market Share 2015-2020
Table General Electric Company Profile
Table General Electric Production, Value, Price, Gross Margin 2015-2020
Figure General Electric Production and Growth Rate
Figure General Electric Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global Artificial Lift Market Forecast Production by Types (2020-2025)
Table Global Artificial Lift Market Forecast Production Share by Types (2020-2025)
Table Global Artificial Lift Market Forecast Value ($) by Types (2020-2025)
Table Global Artificial Lift Market Forecast Value Share by Types (2020-2025)
Table Global Artificial Lift Market Forecast Consumption by Applications (2020-2025)
Table Global Artificial Lift Market Forecast Consumption Share by Applications (2020-2025)
Research Methodology:
Artificial Lift Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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