Global Artificial Lift Systems Market Professional Survey Report 2019

Artificial lift is a method used to lower the producing bottomhole pressure (BHP) on the formation to obtain a higher production rate from the well. This can be done with a positive-displacement downhole pump, such as a beam pump or a progressive cavity pump (PCP), to lower the flowing pressure at the pump intake. It also can be done with a downhole centrifugal pump, which could be a part of an electrical submersible pump (ESP) system. Most oil wells require artificial lift at some point in the life of the field, and many gas wells benefit from artificial lift to take liquids off the formation so gas can flow at a higher rate.
The North American artificial lift systems market is anticipated to witness high growth over the forecast period. This growth is ascribed to the advances in the field of shale gas discovery and availability of low-pressure oil wells in the region. Additionally, the U.S. is expected to witness high growth in unconventional resources such as shale oil, tight oil, and growing marginal well count, which is anticipated to spur the future artificial lifts demand in North America.

The global Artificial Lift Systems market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Artificial Lift Systems volume and value at global level, regional level and company level. From a global perspective, this report represents overall Artificial Lift Systems market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Artificial Lift Systems in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Artificial Lift Systems manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.

The following manufacturers are covered:
Weatherford
Schlumberger
General Electric
Baker Hughes
Halliburton
Dover
National Oilwell Varco
Borets
Cameron
Novomet

Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India

Segment by Type
Rod Lift
ESP
PCP
Hydraulic Pumps
Gas Lift
Plunger Lift

Segment by Application
Oil & Gas Industry
Others