Artificial Lift Market By Key Manufacturers, By Types (Electrical Submersible Pumps, Rod Lift, Progressive Cavity Pumps, Gas Lift), By Application (Oil & Gas, Agriculture, Firefighting, Construction) and By Regions (Americas, Europe, Asia Pacific, and Middle East & Africa) - Global Outlook to 2026
Report ID: 97426 | Mar 2019 | No. of Pages: 120 |

Global Artificial Lift Market was USD 8.53 Billion in 2018 and is projected is to exhibit 4.96% CAGR during the forecasted period. The market is projected to be around USD 11.35 Billion by 2026. The growing energy demand is leading to an increase in the need for oil and natural gas. The need is more visible in developing countries like India and China. The increase in demand for oil and natural gas is also heavily driven by transportation needs and increase in global population.
Growing Demand for Oil and Natural Gas
Most of the developing countries such as India, China, Mexico, and Brazil are heavily dependent on oil and gas resources, in turn providing ample opportunities for companies who manufacture and deliver artificial lift systems. They are mainly importing from Middle East and African countries where the oil reservoirs are concentrated hence the market is likely to grow on the back of increase in demand.
Enhanced Production Requirements in Mature Fields
The nature of crude oil is volatile. It has led to increase in the number of exploration and production (E&P) companies in onshore and offshore oil and gas fields to increase their production from mature fields. Currently, almost 95% of oil and gas fields are using artificial lift systems to boost their production. Modern technology has offered opportunities for an increase in production from mature fields.

North America region holds the highest market of total market share in 2018. The key factors that drive the market include growing demand. Moreover, the region has large number of oil & gas wells along with presence of key market leaders.
Artificial Lift Market Segmentation
The global Artificial Lift Market is segmented into Types, Application, Mechanism and by Region. On the basis of the types the market is further bifurcated into Electrical Submersible Pumps, Rod Lift, Progressive Cavity Pumps and Gas Lift. By Application Types, the market is classified into Oil & Gas Agriculture Firefighting Construction Mining. Based on Mechanism, it is segmented into Pump Assisted and Gas Assisted Based on the geography the market is further segregated into North America, Latin America, Europe and Asia Pacific.
Artificial Lift Market Competitive Landscape
The key players associated with the global Artificial Lift Market are General Electric Company, National Oilwell Varco, Weatherford Plc, Halliburton, Dover Corp, Schlumberger Limited, Tenaris, J J Tech, Grundfos Pumps Corporation, and Borets.

Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
Chapter 4. Market Outlook
4.1. Market Dynamics
4.1.1. Market Drivers
4.1.2. Market Restraints
4.1.3. Market Opportunities
4.2. Porter’s Analysis
4.3. Value Chain Analysis
Chapter 5. Artificial Lift Market, By Application Types
5.1. Artificial Lift Market, By Application Types, 2018-2026
5.1.1. Oil & Gas
5.1.2. Agriculture
5.1.3. Firefighting
5.1.4. Construction
Chapter 6. Artificial Lift Market, By Types
6.1. Artificial Lift Market, By Bag Types, 2018-2026
6.1.1. Electrical Submersible Pumps
6.1.2. Rod Lift
6.1.3. Progressive Cavity Pumps
6.1.4. Gas Lift
Chapter 7. Artificial Lift Market, By Regions
7.1. Artificial Lift Market, by Region, 2018-2026
7.1.1. North America U.S Rest of North America
7.1.2. Europe U.K. Germany France Rest of the Europe
7.1.3. Middle East & Africa (MEA) GCC North Africa South Africa Rest of MEA
7.1.4. Latin America (LATAM) Brazil Rest of LATAM
7.1.5. Asia Pacific (APAC) India China Japan Rest of the APAC
Chapter 8. Competitive Landscape
8.1.1. Key Strategies Adopted by Players
8.1.2. Market Share/Positioning Analysis
Chapter 9. Company Profiles

9.1. General Electric Company
9.1.1. Company Overview
9.1.2. Product Offerings
9.1.3. Financial Performance
9.1.4. Recent Initiatives
9.2. National Oilwell Varco
9.2.1. Company Overview
9.2.2. Product Offerings
9.2.3. Financial Performance
9.2.4. Recent Initiatives
9.3. Weatherford Plc.
9.3.1. Company Overview
9.3.2. Product Offerings
9.3.3. Financial Performance
9.3.4. Recent Initiatives
9.4. Halliburton
9.4.1. Company Overview
9.4.2. Product Offerings
9.4.3. Financial Performance
9.4.4. Recent Initiatives
9.5. Dover Corp
9.5.1. Company Overview
9.5.2. Product Offerings
9.5.3. Financial Performance
9.5.4. Recent Initiatives
9.6. Neomedic Limited
9.6.1. Company Overview
9.6.2. Product Offerings
9.6.3. Financial Performance
9.6.4. Recent Initiatives
9.7. Schlumberger Limited
9.7.1. Company Overview
9.7.2. Product Offerings
9.7.3. Financial Performance
9.7.4. Recent Initiatives
9.8. Tenaris
9.8.1. Company Overview
9.8.2. Product Offerings
9.8.3. Financial Performance
9.8.4. Recent Initiatives
9.9. J J Tech
9.9.1. Company Overview
9.9.2. Product Offerings
9.9.3. Financial Performance
9.9.4. Recent Initiatives
9.10. Man Diesel & Turbo SE
9.10.1. Company Overview
9.10.2. Product Offerings
9.10.3. Financial Performance
9.10.4. Recent Initiatives
Chapter 10. Appendix
10.1. About Us
10.2. Glossary of Terms

General Electric Company
National Oilwell Varco
Weatherford Plc
Dover Corp
Schlumberger Limited
J J Tech
Grundfos Pumps Corporation

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