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Global Artificial Lift System Market (Types, Components and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Segmentation and Forecast, 2013 - 2020

Artificial lift is a system used to increase the oil production from the oil reservoirs. Artificial lift comprises of the various components such as pump, motor, pump jack, drivehead etc. The integration of components form the artificial lift system. These are used to extract the oil from lowest depths of the reservoir to the surface level.

Artificial lift is a system used to increase the oil production from the oil reservoirs. Artificial lift comprises of the various components such as pump, motor, pump jack, drivehead etc. The integration of components form the artificial lift system. These are used to extract the oil from lowest depths of the reservoir to the surface level.

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<strong>Global</strong> <strong>Artificial</strong> <strong>Lift</strong> <strong>System</strong><br />

<strong>Market</strong><br />

(<strong>Types</strong>, <strong>Components</strong> <strong>and</strong> <strong>Geography</strong>) - <strong>Size</strong>, <strong>Share</strong>, <strong>Global</strong><br />

<strong>Trends</strong>, <strong>Company</strong> <strong>Profiles</strong>, Dem<strong>and</strong>, <strong>Insights</strong>, <strong>Segmentation</strong><br />

<strong>and</strong> <strong>Forecast</strong>, <strong>2013</strong> - <strong>2020</strong><br />

© ALLIED MARKET RESEARCH


<strong>Artificial</strong> lift is a system used to increase the oil production from the oil reservoirs. <strong>Artificial</strong> lift<br />

comprises of the various components such as pump, motor, pump jack, drivehead etc. The<br />

integration of components form the artificial lift system. These are used to extract the oil from<br />

lowest depths of the reservoir to the surface level. Depleted oil reserves, maturing oil wells <strong>and</strong><br />

declining oil reservoirs around the world are the major drivers for adoption of the artificial lift in<br />

the oil <strong>and</strong> gas industry. The artificial lift system generates a high pressure to lift the oil from deep<br />

oil wells to the surface area. The increasing global oil exploration activities <strong>and</strong> decreasing<br />

pressure of oil wells are fueling the market growth. However, stringent government regulations<br />

<strong>and</strong> volatility in the oil <strong>and</strong> gas industry are major threats for the market. Growing dem<strong>and</strong> of the<br />

oil field equipment <strong>and</strong> rising levels of exploration activities would provide the better<br />

opportunities to the market.<br />

Get Full Access for the Report at: http://www.alliedmarketresearch.com/artificial-lift-systemmarket<br />

The key player in the market are introducing efficient <strong>and</strong> reliable artificial lift systems to<br />

minimize the operational cost. The market is segmented based on the type, components <strong>and</strong><br />

geography. The type segment comprises of the ESP, PCP, rod lift, plunger lift, gas lift <strong>and</strong> others.<br />

The oil producing companies select artificial lift types based on surface, reservoir, fluid <strong>and</strong><br />

operational conditions. ESP is a system used for lifting moderate to high volumes of fluids from<br />

wellbores. Gas lift is suitable for use for extracting fluids in wells, which have a large presence of<br />

gas. The component segment is classified into pump, motor, sucker rods, separators, pump jack,<br />

cable system, drivehead, control system, gas-lift m<strong>and</strong>rel, gas lift valves <strong>and</strong> others. The market<br />

is highlighted across various geographical region such as North America, Europe, Asia-Pacific <strong>and</strong><br />

LAMEA in order to gain the competitive insights.<br />

Key players in the market include GE energy, National Oil well Varco, Weatherford, Halliburton,<br />

Dover Corp., Schlumberger Limited, Tenaris <strong>and</strong> J J Tech.<br />

Reason for doing the study<br />

The artificial lift is rapidly gaining importance <strong>and</strong> its market is estimated to grow manifold in the<br />

years to come. In order to lower down the operational cost, oil-producing companies are<br />

adopting the artificial lift. An in-depth study of the market would help the stakeholders to take<br />

timely <strong>and</strong> profitable business decisions in order to gain a competitive advantage.<br />

KEY BENEFITS<br />

<br />

Current <strong>and</strong> future trends are highlighted to determine the overall competitiveness of the market<br />

<strong>and</strong> profitable trends are specifically highlighted to gain a competitive advantage<br />

© ALLIED MARKET RESEARCH


Porters Five Forces model <strong>and</strong> SWOT analysis of the key market players are provided to illustrate<br />

the effectiveness of the market buyers <strong>and</strong> suppliers<br />

The technology effective drivers <strong>and</strong> opportunities are highlighted to describe the top factors<br />

responsible for market growth<br />

Various operating segments of the artificial lift market are carefully analyzed to measure the<br />

potential of the emerging markets<br />

The market estimation through <strong>2013</strong>-<strong>2020</strong> <strong>and</strong> in depth market analysis are provided to<br />

elaborate the business diameter of the market<br />

KEY MARKET SEGMENTS<br />

The global artificial lift market is segmented on the basis of its types, components <strong>and</strong> operating<br />

regions.<br />

<strong>Global</strong> <strong>Artificial</strong> <strong>Lift</strong> <strong>Market</strong> by Type<br />

<br />

<br />

<br />

<br />

<br />

<br />

ESP<br />

PCP<br />

Rod lift<br />

Plunger lift<br />

Gas lift<br />

Others<br />

<strong>Global</strong> <strong>Artificial</strong> <strong>Lift</strong> <strong>Market</strong> by <strong>Components</strong><br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

Pump<br />

Motor<br />

Sucker rods<br />

Separators<br />

Pump jack<br />

Cable system<br />

Drivehead<br />

Control system<br />

Gas-lift m<strong>and</strong>rel<br />

Gas lift valves<br />

Others<br />

<strong>Global</strong> <strong>Artificial</strong> <strong>Lift</strong> <strong>Market</strong> by <strong>Geography</strong><br />

<br />

<br />

North America<br />

Europe<br />

© ALLIED MARKET RESEARCH


Asia Pacific<br />

LAMEA<br />

About Us:<br />

Allied <strong>Market</strong> Research (AMR) is a full-service market research <strong>and</strong> business-consulting wing of<br />

Allied Analytics LLP based in Portl<strong>and</strong>, Oregon. Allied <strong>Market</strong> Research provides global enterprises<br />

as well as medium <strong>and</strong> small businesses with unmatched quality of "<strong>Market</strong> Research Reports"<br />

<strong>and</strong> "Business Intelligence Solutions". AMR has a targeted view to provide business insights <strong>and</strong><br />

consulting to assist its clients to make strategic business decisions <strong>and</strong> achieve sustainable growth<br />

in their respective market domain.<br />

We are in professional corporate relations with various companies <strong>and</strong> this helps us in digging<br />

out market data that helps us generate accurate research data tables <strong>and</strong> confirms utmost<br />

accuracy in our market forecasting. Each <strong>and</strong> every data presented in the reports published by us<br />

is extracted through primary interviews with top officials from leading companies of domain<br />

concerned. Our secondary data procurement methodology includes deep online <strong>and</strong> offline<br />

research <strong>and</strong> discussion with knowledgeable professionals <strong>and</strong> analysts in the industry.<br />

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