Global Artificial Lift Market: Trends and Opportunities (2013-2018)

Description- Artificial Lift Market

Executive Summary

Demand for energy has been increasing in all parts of the world and in order to meet the ends, conventional method of recovery should be modified in order to optimize production from existing reserves. At present mature fields which have been in operation for more than 20 years account for 70% of global crude oil production. Most of these fields experience reservoir pressure deficiency, which is an important production parameter. This situation demands application of external solution in order to address this problem. Artificial lift with its ability to create pressure in the well bore against the formation pressure allows well fluids to flow to the surface. The artificial lift market is segmented as ESP, Rod Lift, PCP, Gas Lift, and other types of lifts. Each category of lift support different purpose and are suited for different reservoir conditions.

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Increase in demand for oil and gas, production of oil and gas from mature fields and increase in production of unconventional oil like shale are some of the factors driving growth of global artificial lifts market. However, factors such as difficulty in extraction of oil and gas from mature fields, environmental concerns and consolidations in consumer industries are hindering growth of the market. Some of the dominant trends visible in the industry are increasing number of mergers and acquisitions, combining systems/use of hybrid lifts, rise in number of horizontal wells and increasing production optimization using artificial lift.

Scope of the Report

The report titled “Global Artificial Lift Market: Trends & Opportunities (2013-2018)” provides an in-depth analysis of the global artificial lift market with detailed analysis of various categories like ESP, Rod lift, Gas lift, PCP, Plunger lift and Hydraulic lift. It also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall artificial lift industry has also been forecasted for the period 2013-18, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. Further, key players of the industry like Weatherford International Ltd., Baker Hughes Incorporated, Schlumberger Ltd. and GE Oil & Gas are profiled.

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Segment Coverage

Electrical Submersible Pumping Systems (ESPs)
Beam Pumping/Sucker Rod Pumps (Rod Lift)
Progressing Cavity Pumping (PCP) Lift
Gas Lift
Plunger Lift
Hydraulic Lift


Company Coverage

Weatherford International Ltd.
Baker Hughes Incorporated
Schlumberger Ltd.
GE Oil & Gas


Table of Content

1. Executive Summary

2. Artificial Lift: Types and Technology
2.1 Artificial Lift Technology
2.2 Types of Artificial Lift System
2.3 Comparison of Types of Lifts

3. Global Artificial Lift Market: An Analysis
3.1 Global Artificial Lift Market: Sizing and Growth
3.2 Global Artificial Lift Market: Market Share Analysis
3.2.1 Market Share By Competitors
3.2.2 Market Share By Region
3.2.3 Market Share By Types

4. Global Artificial Lift Market: Segment Analysis
4.1 Electrical Submersible Pumping Systems (ESPs)
4.1.1 ESPs: An Overview
4.1.2 ESPs: Market Sizing and Growth
4.1.3 ESPs: Market Share by Competitors
4.2 Beam Pumping/Sucker Rod Pumps (Rod Lift)
4.2.1 Rod Lift: An Overview
4.2.2 Rod Lift: Market Sizing and Growth
4.2.3 Rod Lift: Market Share by Competitors
4.3 Progressing Cavity Pumping (PCP) Lift
4.3.1 PCP Lift: An Overview
4.3.2 PCP Lift: Market Sizing and Growth
4.3.3 PCP Lift: Market Share by Competitors
4.4 Gas Lift
4.4.1 Gas Lift: An Overview
4.4.2 Gas Lift: Market Sizing and Growth
4.4.3 Gas Lift: Market Share by Competitors
4.5 Plunger Lift: An Overview
4.5.1 Plunger Lift: An Overview
4.5.2 Plunger Lift: Market Sizing and Growth
4.5.3 Plunger Lift: Market Share by Competitors
4.6 Hydraulic Lift: An Overview
4.6.1 Hydraulic Lift: An Overview
4.6.2 Hydraulic Lift: Market Sizing and Growth
4.6.3 Hydraulic Lift: Market Share by Competitors

5. Global Artificial Lift Market: Growth Drivers & Challenges
5.1 Growth Drivers
5.2 Challenges

6. Global Artificial Lift Market: Major Trends
6.1 Mergers and acquisitions in the Industry
6.2 Combining systems/hybrid lifts
6.3 Rise in number of Horizontal wells
6.4 Production optimization using artificial lift

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