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人工採油システム市場レポート：揚力タイプ、坑井タイプ、メカニズム、用途、地域別、2024年～2032年

Artificial Lift System Market Report by Lift Type (Electric Submersible Pumps, Progressing Cavity Pumps, Gas Lift, Rod Lift, Hydraulic Pumps, and Others), Well Type, Mechanism, Application, and Region 2024-2032

出版日
発行
IMARC
ページ情報
英文 139 Pages
納期
2～3営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=143.57円
人工採油システム市場レポート：揚力タイプ、坑井タイプ、メカニズム、用途、地域別、2024年～2032年
出版日: 2024年07月01日
発行: IMARC
ページ情報: 英文 139 Pages
納期: 2～3営業日
GIIご利用のメリット
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  • 概要
  • 図表
  • 目次
概要

世界の人工採油システム市場規模は2023年に232億米ドルに達しました。今後、IMARC Groupは、市場は2032年までに356億米ドルに達し、2024年から2032年の間に4.8%の成長率（CAGR）を示すと予測しています。石油・ガス井の老朽化に起因する天然貯留層圧力の低下、世界のエネルギー需要の増加、環境およびコストへの懸念の高まり、人工リフトシステムの継続的な技術進歩は、市場を推進する主な要因の一部です。

人工採油システムは、特に炭化水素を地表に押し上げる圧力が不十分な貯留層からの石油・ガス生産率を高める上で極めて重要な役割を果たしています。これらのシステムは、貯留層の圧力だけでは最適な抽出ができない場合に、原油や天然ガスの流れを機械的に増強します。ガスリフト、電動水中ポンプ、ロッドリフトシステムなどの方法が、これを実現するために一般的に利用されています。坑井内の圧力を人工的に高めることにより、これらの技術は炭化水素のより効率的な回収を可能にし、低圧貯留層からの生産を経済的に実行可能にします。人工採油システムの導入により、石油・ガス事業の長期的な収益性と持続可能性が確保されます。その結果、人工採油システムは、石油・ガス産業において、生産を最適化する重要な要素として絶大な支持を得ており、それによってエネルギー供給の全体的な安定性と安全性に貢献しています。

世界のエネルギー需要の高まりと石油・ガス井の老朽化は、予測期間中の人工採油システム市場の成長を刺激すると思われます。さらに、規制の厳格化によって石油・ガス産業がより持続可能な慣行に向かっているため、環境への配慮が重要視されています。その結果、エネルギー消費と排出を削減することで環境への影響を最小限に抑えるように設計された人工採油システムが高く支持され、環境に優しい技術の市場機会が拡大しています。さらに、環境とコストへの懸念から、新規鉱区の探査ではなく、既存の埋蔵量を最大限に回収することに重点が置かれるようになっています。このシフトは、現在の貯留層からの産出量を最適化する人工採油システムのような技術を優先させるため、市場成長を促進します。さらに、主要産油地域の安定といった地政学的要因は、人工採油システムを含む採掘技術への持続的投資を可能にするため、市場成長にプラスの影響を与えています。これとともに、デジタル変革に対する業界の開放性が、人工知能（AI）とデータ分析の人工リフト技術への統合を促進しています。このような進歩により、予知保全とより効率的な操業が可能になるとともに、ダウンタイムと操業コストが削減され、市場の成長が促進されます。

人工採油システム市場動向／促進要因：

天然貯留層圧力の低下

世界の人工採油システム市場を牽引する最も重要な要因の1つは、老朽化した石油・ガス井における自然圧力の低下です。油層が成熟するにつれて、炭化水素を地表に押し出す本来の能力が低下し、生産率を維持するために外部からの支援が必要になります。このシナリオは、古い油田だけでなく、本質的に圧力の低い新しく発見された油層でも見られます。自然の貯留層圧力の低下により、人工採油システムの役割は不可欠となります。人工採油システムの採用は、石油・ガスの経済的に実行可能な採掘を保証し、それによって油井の生産寿命を延ばします。その結果、人工採油システムは、収益性のない貯留層を収益を生む資産に変えるために広く導入されており、炭化水素生産企業の長期的な収益性と持続可能性において極めて重要な要素となっています。

世界のエネルギー需要の増加

工業化と都市化の進展により、石油・ガスに対する世界の需要が大幅に増加していることも、成長を促す大きな要因となっています。新興国を中心に経済が拡大するにつれ、石油・ガスなどのエネルギー資源の消費量も増加します。この増大し続けるエネルギー需要により、石油・ガス会社には、生産率を最大化しなければならないという大きなプレッシャーがかかっています。人工採油システムは、炭化水素の効率的な回収を可能にし、世界のエネルギー需要を満たすのに役立っています。生産収率を向上させる人工採油システムの役割は、市場の需要をより効果的に満たすことにつながるため、世界中で人工採油システムの採用に拍車がかかっています。

主要プレーヤーによる技術の進歩

技術の絶え間ない進歩により、人工採油システムはより効率的でコスト効率の高いものとなっています。革新的な監視システム、自動化、機械学習（ML）アルゴリズムの統合は、人工リフトシステムの作動方法に革命をもたらしています。これらの技術革新はリアルタイムの調整を容易にし、その結果、性能を最適化し、運用コストを削減します。新技術はまた、人工採油システムが効果的に作動できる貯留層条件の範囲を拡大しました。このような技術の進歩は、人工採油システムの応用に新たな道を開くと同時に、既存のプロセスを合理化し、人工採油システムをより多用途で様々な採掘課題への適応性を高め、市場の成長を促進しています。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査の目的
  • ステークホルダー
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要業界動向

第5章 世界の人工採油システム市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳：リフトタイプ別

  • 電動水中ポンプ（ESP）
    • 市場動向
    • 市場予測
  • プログレッシブキャビティポンプ（PCP）
    • 市場動向
    • 市場予測
  • ガスリフト
    • 市場動向
    • 市場予測
  • ロッドリフト
    • 市場動向
    • 市場予測
  • 油圧ポンプ
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第7章 市場内訳：坑井タイプ別

  • 水平
    • 市場動向
    • 市場予測
  • 垂直
    • 市場動向
    • 市場予測

第8章 市場内訳：メカニズム別

  • ガスアシスト
    • 市場動向
    • 市場予測
  • ポンプ補助
    • 市場動向
    • 市場予測

第9章 市場内訳：用途別

  • オフショア
    • 市場動向
    • 市場予測
  • オンショア
    • 市場動向
    • 市場予測

第10章 市場内訳：地域別

  • 北米
    • 米国
    • カナダ
  • アジア太平洋地域
    • 中国
    • 日本
    • インド
    • 韓国
    • オーストラリア
    • インドネシア
    • その他
  • 欧州
    • ドイツ
    • フランス
    • 英国
    • イタリア
    • スペイン
    • ロシア
    • その他
  • ラテンアメリカ
    • ブラジル
    • メキシコ
    • その他
  • 中東・アフリカ
    • 市場動向
    • 市場内訳：国別
    • 市場予測

第11章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第12章 バリューチェーン分析

第13章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第14章 価格分析

第15章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • Baker Hughes Company
    • Borets International Ltd.
    • Canadian Advanced ESP Inc.
    • ChampionX
    • Dover Corporation
    • General Electric Company
    • Halliburton Company
    • JJ Tech
    • NOV Inc.
    • Schlumberger Limited
    • Tenaris S.A.（Techint）
    • Weatherford International plc
図表

List of Figures

  • Figure 1: Global: Artificial Lift System Market: Major Drivers and Challenges
  • Figure 2: Global: Artificial Lift System Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Artificial Lift System Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Artificial Lift System Market: Breakup by Lift Type (in %), 2023
  • Figure 5: Global: Artificial Lift System Market: Breakup by Well Type (in %), 2023
  • Figure 6: Global: Artificial Lift System Market: Breakup by Mechanism (in %), 2023
  • Figure 7: Global: Artificial Lift System Market: Breakup by Application (in %), 2023
  • Figure 8: Global: Artificial Lift System Market: Breakup by Region (in %), 2023
  • Figure 9: Global: Artificial Lift System (Electric Submersible Pumps-ESP) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 10: Global: Artificial Lift System (Electric Submersible Pumps-ESP) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 11: Global: Artificial Lift System (Progressing Cavity Pumps-PCP) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 12: Global: Artificial Lift System (Progressing Cavity Pumps-PCP) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 13: Global: Artificial Lift System (Gas Lift) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 14: Global: Artificial Lift System (Gas Lift) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 15: Global: Artificial Lift System (Rod Lift) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 16: Global: Artificial Lift System (Rod Lift) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 17: Global: Artificial Lift System (Hydraulic Pumps) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 18: Global: Artificial Lift System (Hydraulic Pumps) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 19: Global: Artificial Lift System (Other Lift Types) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 20: Global: Artificial Lift System (Other Lift Types) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 21: Global: Artificial Lift System (Horizontal) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 22: Global: Artificial Lift System (Horizontal) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 23: Global: Artificial Lift System (Vertical) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 24: Global: Artificial Lift System (Vertical) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 25: Global: Artificial Lift System (Gas Assisted) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 26: Global: Artificial Lift System (Gas Assisted) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 27: Global: Artificial Lift System (Pump Assisted) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 28: Global: Artificial Lift System (Pump Assisted) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 29: Global: Artificial Lift System (Offshore) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 30: Global: Artificial Lift System (Offshore) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 31: Global: Artificial Lift System (Onshore) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 32: Global: Artificial Lift System (Onshore) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 33: North America: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 34: North America: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 35: United States: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 36: United States: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 37: Canada: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 38: Canada: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 39: Asia-Pacific: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 40: Asia-Pacific: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 41: China: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 42: China: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 43: Japan: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 44: Japan: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 45: India: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 46: India: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 47: South Korea: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 48: South Korea: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 49: Australia: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 50: Australia: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 51: Indonesia: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 52: Indonesia: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 53: Others: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 54: Others: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 55: Europe: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 56: Europe: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 57: Germany: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 58: Germany: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 59: France: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 60: France: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 61: United Kingdom: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 62: United Kingdom: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 63: Italy: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 64: Italy: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 65: Spain: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 66: Spain: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 67: Russia: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 68: Russia: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 69: Others: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 70: Others: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 71: Latin America: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 72: Latin America: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 73: Brazil: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 74: Brazil: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 75: Mexico: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 76: Mexico: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 77: Others: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 78: Others: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 79: Middle East and Africa: Artificial Lift System Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 80: Middle East and Africa: Artificial Lift System Market: Breakup by Country (in %), 2023
  • Figure 81: Middle East and Africa: Artificial Lift System Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 82: Global: Artificial Lift System Industry: SWOT Analysis
  • Figure 83: Global: Artificial Lift System Industry: Value Chain Analysis
  • Figure 84: Global: Artificial Lift System Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Artificial Lift System Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Artificial Lift System Market Forecast: Breakup by Lift Type (in Million US$), 2024-2032
  • Table 3: Global: Artificial Lift System Market Forecast: Breakup by Well Type (in Million US$), 2024-2032
  • Table 4: Global: Artificial Lift System Market Forecast: Breakup by Mechanism (in Million US$), 2024-2032
  • Table 5: Global: Artificial Lift System Market Forecast: Breakup by Application (in Million US$), 2024-2032
  • Table 6: Global: Artificial Lift System Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 7: Global: Artificial Lift System Market: Competitive Structure
  • Table 8: Global: Artificial Lift System Market: Key Players
目次
Product Code: SR112024A5771

The global artificial lift system market size reached US$ 23.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 35.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.8% during 2024-2032. The decline in natural reservoir pressure owing to aging oil and gas wells, rising global energy demand, escalating environmental and cost concerns, and continuous technological advancements in artificial lift systems are some of the major factors propelling the market.

Artificial lift systems play a pivotal role in enhancing oil and gas production rates, particularly from reservoirs with insufficient pressure to drive the hydrocarbons to the surface. These systems mechanically augment the flow of crude oil or natural gas when reservoir pressure alone is inadequate for optimal extraction. Methods such as gas lifts, electric submersible pumps, and rod lift systems are commonly utilized to achieve this. By artificially increasing the pressure within the wellbore, these technologies enable a more efficient recovery of hydrocarbons, making it economically viable to produce from low-pressure reservoirs. The implementation of artificial lift systems is thereby ensuring the long-term profitability and sustainability of oil and gas operations. As a result, artificial lift systems are gaining immense traction in the oil and gas industry as a critical element in optimizing production, thereby contributing to the overall stability and security of energy supplies.

The escalating energy demand globally, coupled with the aging oil and gas wells, will stimulate the growth of the artificial lift system market during the forecast period. Moreover, environmental considerations are gaining prominence as stricter regulations push the oil and gas industry toward more sustainable practices. Consequently, artificial lift systems designed to minimize environmental impact by reducing energy consumption and emissions are highly favored, which in turn is expanding market opportunities for environmentally friendly technologies. Additionally, there is a growing focus on maximizing the recovery of existing reserves instead of exploring new sites owing to environmental and cost concerns. This shift prioritizes technologies like artificial lift systems that optimize output from current reservoirs, thus propelling market growth. Furthermore, geopolitical factors, such as stability in key oil-producing regions, are positively influencing market growth as they allow for sustained investment in extraction technologies, including artificial lift systems. Along with this, the industry's openness to digital transformation is fueling the integration of artificial intelligence (AI) and data analytics with artificial lift technologies. Such advancements enable predictive maintenance and more efficient operations while reducing downtime and operational costs, fostering market growth.

Artificial Lift System Market Trends/Drivers:

Decline in Natural Reservoir Pressure

One of the most critical factors driving the global artificial lift system market is the declining natural pressure in aging oil and gas wells. As reservoirs mature, their intrinsic ability to push hydrocarbons to the surface diminishes, necessitating external assistance to maintain production rates. This scenario is prevalent in both older fields as well as in newly discovered reservoirs with inherently low pressures. The falling natural reservoir pressures make the role of artificial lift systems indispensable. Their adoption ensures the economically viable extraction of oil and gas, thereby extending the productive lifespan of wells. As a result, artificial lift systems are widely being implemented to transform otherwise non-profitable reservoirs into revenue-generating assets, making them a crucial component in the long-term profitability and sustainability of hydrocarbon production enterprises.

Rising Global Energy Demand

A significant rise in the global demand for oil and gas, propelled by elevating levels of industrialization and urbanization, represents another major growth-inducing factor. As economies expand, particularly in emerging markets, there is a subsequent increase in the consumption of energy resources like oil and gas. This ever-increasing need for energy has placed tremendous pressure on oil and gas companies to maximize production rates. Artificial lift systems enable the efficient recovery of hydrocarbons, making them instrumental in fulfilling global energy requirements. Their role in improving production yields translates into meeting market demands more effectively, thereby spurring the adoption of artificial lift systems worldwide.

Technological Advancements by Key Players

Continuous advances in technology have made artificial lift systems more efficient and cost-effective. Innovative monitoring systems, automation, and the integration of machine learning (ML) algorithms are revolutionizing the way artificial lift systems operate. These innovations facilitate real-time adjustments, which in turn optimize performance and reduce operational costs. The new technologies have also expanded the range of reservoir conditions under which artificial lift systems can operate effectively. Such technological advancements are streamlining existing processes while opening up new avenues for the application of artificial lift systems, making them more versatile and adaptable to a variety of extraction challenges, thereby fueling market growth.

Artificial Lift System Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on lift type, well type, mechanism and application.

Breakup by Lift Type:

Electric Submersible Pumps (ESP)

Progressing Cavity Pumps (PCP)

Gas Lift

Rod Lift

Hydraulic Pumps

Others

Electric Submersible Pumps (ESP) dominate the market

The report has provided a detailed breakup and analysis of the market based on the lift type. This includes electric submersible pumps (ESP), progressing cavity pumps (PCP), gas lift, rod lift, hydraulic pumps, and others. According to the report, electric submersible pumps (ESP) represented the largest segment.

Electric submersible pumps (ESP) offer high volumetric efficiency, capable of handling a wide range of flow rates, from low to exceptionally high. This makes them highly adaptable to various reservoir conditions and operational requirements. Moreover, ESPs are known for their energy efficiency, which leads to lower operating costs over time. The electric operation eliminates the need for surface-level pumping units, thereby reducing both the surface footprint and mechanical losses. Besides this, ESPs are exceptionally versatile and can be employed in different settings, including offshore, onshore, and even in deviated or horizontal wells. This adaptability expands their applicability across a diverse range of reservoirs and geological conditions.

In addition, advancements in technology have led to the development of more durable and corrosion-resistant materials for ESPs, increasing their lifespan and reducing the frequency of interventions. Along with this, ESPs are relatively easy to install and operate, requiring less manual labor and enabling more automated control. This ease of use simplifies the extraction process, making ESPs a preferred choice for oil and gas companies aiming for operational excellence, thus propelling the segment growth.

Breakup by Well Type:

Horizontal

Vertical

Horizontal represents the most popular well type

A detailed breakup and analysis of the market based on the well type has also been provided in the report. This includes horizontal and vertical. According to the report, horizontal accounted for the largest market share.

Horizontal drilling provides a greater contact area with the production reservoir compared to traditional vertical wells. This higher exposure significantly enhances the flow rates of hydrocarbons, making the extraction process more efficient. Furthermore, horizontal wells are particularly effective in the extraction of unconventional resources like shale gas and tight oil formations. They enable the optimization of hydraulic fracturing, a technique often essential for liberating hydrocarbons in these low-permeability reservoirs. Also, horizontal wells offer environmental benefits, as fewer wellheads are required to access the same volume of resources. This reduced surface footprint minimizes the environmental impact and makes land reclamation easier post-production.

Additionally, horizontal wells are often more economically viable. Despite the higher initial drilling costs, the increased production rates typically result in better overall project economics when the total lifecycle costs are considered. Apart from this, technological advancements have streamlined the process of drilling horizontal wells, making it safer and more efficient. Innovations in directional drilling technology, well logging, and real-time monitoring have contributed to this trend, making horizontal wells increasingly popular for a broad spectrum of applications, fueling the segment growth.

Breakup by Mechanism:

Gas Assisted

Pump Assisted

Gas assisted mechanism holds the largest share in the market

The report has provided a detailed breakup and analysis of the market based on the mechanism. This includes gas assisted and pump assisted. According to the report, gas assisted represented the largest segment.

Gas-assisted lift systems offer unparalleled flexibility in terms of their adaptability to fluctuating well conditions and production rates. They are capable of handling both low and high volumes of liquid, making them suitable for a variety of reservoir scenarios. Apart from this, gas lift systems are particularly efficient for wells that produce a significant amount of associated gas. Utilizing this naturally occurring gas can substantially reduce operational costs and enhance overall system efficiency. Moreover, gas-assisted lifts are relatively easy to install and require fewer mechanical parts compared to other artificial lift methods, such as Electric Submersible Pumps (ESPs) or Rod Lifts. This simplicity translates to lower maintenance requirements and operational downtime, further driving down total cost of ownership.

Also, gas lift systems can be easily optimized using modern monitoring and control technologies, allowing operators to make real-time adjustments for maximum efficiency. Besides this, gas-assisted lift methods are generally more durable and less susceptible to the issues of sand and solids that can be detrimental to other lift methods. Their resilience in challenging conditions makes them a preferred choice for operators, contributing to the segment growth.

Breakup by Application:

Offshore

Onshore

Offshore accounts for the majority of the market share

A detailed breakup and analysis of the market based on the application has also been provided in the report. This includes offshore and onshore. According to the report, offshore accounted for the largest market share.

Offshore reservoirs often contain significant volumes of high-value hydrocarbons, making it economically justifiable to invest in advanced artificial lift technologies to maximize production. These fields generally have a longer production life, which makes the initial investment in artificial lift systems more cost-effective over the long term. The challenging conditions in offshore environments, such as high pressures and corrosive seawater, necessitate the use of robust and reliable artificial lift methods. These systems are engineered to meet the specific demands of offshore operations, ensuring durability and efficiency.

Moreover, offshore fields are usually developed as large, centralized projects, enabling economies of scale that can justify the deployment of sophisticated and more expensive artificial lift systems. This concentrated focus also facilitates the integration of advanced monitoring and control technologies, which further optimize production rates. Besides this, the heightened emphasis on maximizing recovery rates in offshore fields due to the high costs associated with offshore drilling and infrastructure makes artificial lift systems indispensable. Their ability to increase well productivity and extend well life makes them valuable in offshore operations, driving the segment growth.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

North America exhibits a clear dominance in the market

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.

North America held the biggest market share since the region has a mature oil and gas industry with a large number of aging wells that require artificial lift systems to maintain production levels. The declining natural pressure in these wells makes the use of artificial lift methods increasingly indispensable for continued operation. Furthermore, North America is a global leader in the extraction of unconventional resources, such as shale gas and tight oil. The extraction of these resources often necessitates the use of advanced artificial lift technologies, thus spurring demand. The region also boasts strong technological capabilities and infrastructure, which facilitates the development and adoption of innovative artificial lift solutions. Research and development are robust, supported by significant investments from both private and public sectors.

In addition, regulatory frameworks in North America are generally supportive of oil and gas exploration activities, including the implementation of new technologies like artificial lift systems to enhance production efficiency. Another contributing aspect is the presence of leading companies specializing in artificial lift systems, which contributes to a competitive and dynamic marketplace. These companies often engage in partnerships, mergers, and acquisitions that foster technological advancements and broaden the scope of available products and services, positioning North America as a leading regional market for artificial lift systems.

Competitive Landscape:

The market is experiencing moderate growth as key players in the artificial lift systems industry are actively engaging in a range of strategic initiatives to consolidate their market positions. They are investing heavily in research and development (R&D) to introduce technologically advanced and more efficient lift systems, aiming to cater to a broader range of well conditions and operational requirements. Collaborations, partnerships, and mergers and acquisitions are also commonplace, as companies seek to expand their product portfolios and geographical reach. Additionally, these industry leaders are increasingly focusing on incorporating digital technologies like real-time monitoring, data analytics, and machine learning to enhance the efficiency and reliability of their artificial lift systems. Through these actions, key players are striving to meet the evolving needs of the oil and gas industry while sustaining competitive advantage.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Baker Hughes Company

Borets International Ltd.

Canadian Advanced ESP Inc.

ChampionX

Dover Corporation

General Electric Company

Halliburton Company

JJ Tech

NOV Inc.

Schlumberger Limited

Tenaris S.A. (Techint)

Weatherford International plc

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Recent Developments:

In November 2022, Halliburton Company installed the first electro-hydraulic wet connectors in deepwater for Petrobras in Brazil. The Halliburton Fuzion EH electro-hydraulic downhole wet-mate connectors are designed to maintain the integrity of Halliburton's SmartWell completion technologies throughout the entire lifecycle of the well, contributing to higher well recovery factors. This technology helps facilitate safer and simpler intervention operations, reducing the need for workover operations that can potentially damage the formation.

In July 2022, Baker Hughes Company announced the acquisition of AccessESP, a leading provider of technological solutions used in ESP systems. This acquisition will expand the artificial lift portfolio of Baker Hughes Company and improve its position globally.

In April 2022, Weatherford International plc announced that it has received two five-year artificial lift contracts by Tatweer Petroleum in Bahrain. These contracts involve supplying, installing, and servicing beam pumping units and downhole pumps.

Key Questions Answered in This Report:

  • How has the global artificial lift system market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global artificial lift system market?
  • What is the impact of each driver, restraint, and opportunity on the global artificial lift system market?
  • What are the key regional markets?
  • Which countries represent the most attractive artificial lift system market?
  • What is the breakup of the market based on the lift type?
  • Which is the most attractive lift type in the artificial lift system market?
  • What is the breakup of the market based on the well type?
  • Which is the most attractive well type in the artificial lift system market?
  • What is the breakup of the market based on the mechanism?
  • Which is the most attractive mechanism in the artificial lift system market?
  • What is the breakup of the market based on the application?
  • Which is the most attractive application in the artificial lift system market?
  • What is the competitive structure of the global artificial lift system market?
  • Who are the key players/companies in the global artificial lift system market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Artificial Lift System Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Lift Type

  • 6.1 Electric Submersible Pumps (ESP)
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Progressing Cavity Pumps (PCP)
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Gas Lift
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Rod Lift
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Hydraulic Pumps
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast
  • 6.6 Others
    • 6.6.1 Market Trends
    • 6.6.2 Market Forecast

7 Market Breakup by Well Type

  • 7.1 Horizontal
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Vertical
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Mechanism

  • 8.1 Gas Assisted
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Pump Assisted
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by Application

  • 9.1 Offshore
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Onshore
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 Baker Hughes Company
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
      • 15.3.1.3 Financials
      • 15.3.1.4 SWOT Analysis
    • 15.3.2 Borets International Ltd.
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
    • 15.3.3 Canadian Advanced ESP Inc.
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
    • 15.3.4 ChampionX
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
      • 15.3.4.3 Financials
    • 15.3.5 Dover Corporation
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
      • 15.3.5.3 Financials
      • 15.3.5.4 SWOT Analysis
    • 15.3.6 General Electric Company
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
      • 15.3.6.3 Financials
      • 15.3.6.4 SWOT Analysis
    • 15.3.7 Halliburton Company
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
      • 15.3.7.3 Financials
      • 15.3.7.4 SWOT Analysis
    • 15.3.8 JJ Tech
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
    • 15.3.9 NOV Inc.
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
      • 15.3.9.3 Financials
      • 15.3.9.4 SWOT Analysis
    • 15.3.10 Schlumberger Limited
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
      • 15.3.10.3 Financials
      • 15.3.10.4 SWOT Analysis
    • 15.3.11 Tenaris S.A. (Techint)
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
      • 15.3.11.3 Financials
    • 15.3.12 Weatherford International plc
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio