フラックポンプの2030年までの市場予測：タイプ、定格馬力、用途、エンドユーザー、地域別の世界分析

Stratistics MRCによると、世界のフラックポンプ市場は2023年に5億4,386万米ドルを占め、予測期間中にCAGR 6.2%で成長し、2030年には8億2,863万米ドルに達すると予測されています。

フラクチャリングポンプとしても知られるフラックポンプは、石油・ガス分野における水圧破砕作業に不可欠です。これらの特殊なポンプは、高圧を発生させ、大量の流体（通常は化学物質と砂を混ぜた水）を地下の岩層に送り込むために作られています。さらに、石油・天然ガスのような炭化水素は、フラックスポンプが岩盤内に発生させる高圧のおかげで、貯留岩から抽出することができます。

米国石油協会（API）によると、掘削技術の進歩と最先端のフラックポンプの利用は、石油・ガス産業における水圧破砕プロセスの効率と生産性を高める上で極めて重要です。

非在来型ガス・石油資源への関心の高まり

シェール層のような非在来型石油・ガス資源へのシフトは、世界的規模でのエネルギー需要の高まりに起因しています。炭化水素は、水圧破砕を使用してこれらの非従来型貯留層から抽出することができ、水圧ポンプはこのプロセスに不可欠です。さらに、探査と生産の取り組みが非従来型ソースに重点を移すにつれて、高圧流体注入を効果的に処理できる耐久性のある水圧ポンプの必要性が高まっており、フラックポンプ市場の拡大を後押ししています。

石油・ガスの変動コスト

フラックポンプ業界が直面している大きな障害のひとつは、世界の石油・ガス価格の変動です。商品価格は、水圧破砕プロジェクトの経済的実現可能性に大きな影響を与えます。価格が低い場合、事業者は生産と探査を縮小する可能性があるため、フラックポンプの必要性は低くなります。さらに、フラックポンプ市場の成長見通しは、新規掘削プロジェクトへの投資を妨げる市場の変動や経済の不確実性によって影響を受ける可能性があります。

技術革新とセクターの進歩

次々と登場する技術革新は、フラックポンプ市場にチャンスをもたらします。ポンプメーカーは、ポンプの耐久性、効率、環境への影響の改善に研究開発の努力を傾けることで、競争力を高めることができます。さらに、自動化、スマート技術、および高度な材料を備えたポンプシステムは、創造的なフラックポンプのアプリケーションのための新たな機会を創出しながら、生産性と持続可能性を向上させ、競争から目立つ方法をオペレータに提供します。

代替エネルギー源の競合

水圧破砕のような従来の石油・ガス採掘技術の長期的な必要性は、電化や再生可能エネルギーのような代替エネルギー源の利用拡大によって脅かされています。世界がより環境に優しいエネルギー源へと移行し、石油・ガスセクターの需要が減少するにつれ、フラックポンプの必要性は低下する可能性があります。さらに、競合の激化や代替技術の開発が進むことで、既存の炭化水素採掘産業が困難に陥る可能性もあります。

COVID-19の影響：

世界のエネルギー力学と石油・ガス事業はCOVID-19の大流行によって混乱し、水圧ポンプ市場に大きな影響を及ぼしています。ロックダウンや旅行制限による需要減退と原油価格の急落が相まって、探査・生産活動が縮小しました。破砕ポンプのニーズは、多数の石油・ガスプロジェクトの中止または延期によって直接影響を受けた。労働力の制約、経済の不確実性、サプライチェーンの混乱はすべて、業界の問題に拍車をかけた。さらに、エネルギー部門がパンデミックによる財政的打撃に対処したため、フラックポンプ市場では投資の減少、プロジェクトの延期、全体的な成長軌道の減速が見られました。

予測期間中、三重フラックスポンプセグメントが最大になる見込み

三連式ポンプは信頼性が高く効果的であるため、水圧破砕作業で頻繁に使用され、市場シェアは最大です。3つの往復プランジャーを持つこれらのポンプは、信頼性とパワーのバランスを取った高圧流体注入アプリケーションを提供します。さらに、その優位性は、地下の岩層を効果的に破砕するために必要な高圧を発生させる能力によって説明されます。信頼性が高く、メンテナンスが簡単で、厳しい石油・ガス採掘環境に適しているため、三連フラックスポンプが選ばれています。

油田サービス会社セグメントは予測期間中最も高いCAGRが見込まれる

フラックポンプ市場で最もCAGRが高いセグメントは油田サービス会社です。フラクポンプが不可欠な構成要素である水圧破砕作業を含むさまざまなサービスを提供することで、油田サービス企業は石油・ガス業界で重要な役割を果たしています。油田サービス事業は、石油・ガス需要の高まりと非従来型資源探査の拡大により成長してきました。さらに、効果的な水圧破砕のための特定の知識、ツール、労働力を提供するこれらのビジネスによって、洗練された破砕ポンプのニーズが高まっています。

最大のシェアを持つ地域：

米国とカナダの石油・ガス産業が強いため、北米は現在、フラックポンプの世界市場で最大のシェアを占めています。特にパーミアン・ベースン、バッケン・フォーメーション、イーグルフォード・シェールといった生産量の多いシェール盆地に大規模な水圧破砕作業が集中しています。さらに、非従来型資源の生産と探査の増加、および水圧破砕法の技術開発により、フラックポンプのニーズが高まっています。北米が世界のフラックポンプ市場で支配的な地位を占めているのは、特に米国でシェールガスおよびタイトオイルの採掘が顕著に急増しているためです。

CAGRが最も高い地域：

中東・アフリカ（MEA）はフラックポンプ市場で最もCAGRが高いです。この地域には在来型および非在来型の炭化水素埋蔵量が豊富にあるため、MEAでは石油・ガスの探査・生産活動が顕著に急増しています。シェールガス資源を十分に活用するため、サウジアラビア、アラブ首長国連邦、イラク、オマーンのような国々は水圧破砕技術に多額の投資を行っています。その結果、この地域ではフラックポンプのニーズが高まっています。さらに、中東では国内外の石油会社が多数操業しており、石油・ガス生産の重要な拠点となっています。

無料のカスタマイズ提供：

本レポートをご購読のお客様には、以下の無料カスタマイズオプションのいずれかをご利用いただけます：

• 企業プロファイル
  • 追加市場プレイヤーの包括的プロファイリング（3社まで）
  • 主要企業のSWOT分析（3社まで）
• 地域セグメンテーション
  • 顧客の関心に応じた主要国の市場推計・予測・CAGR（注：フィージビリティチェックによる）
• 競合ベンチマーキング
  • 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

• 概要
• ステークホルダー
• 調査範囲
• 調査手法
  • データマイニング
  • データ分析
  • データ検証
  • 調査アプローチ
• 調査ソース
  • 1次調査ソース
  • 2次調査ソース
  • 前提条件

第3章 市場動向分析

• 促進要因
• 抑制要因
• 機会
• 脅威
• アプリケーション分析
• エンドユーザー分析
• 新興市場
• 新型コロナウイルス感染症（COVID-19）の影響

第4章 ポーターのファイブフォース分析

• 供給企業の交渉力
• 買い手の交渉力
• 代替品の脅威
• 新規参入業者の脅威
• 競争企業間の敵対関係

第5章 世界のフラックポンプ市場：タイプ別

• トリプレックス フラックポンプ
• 五連フラックポンプ
• 油圧フラクポンプ
• 電動フラクポンプ
• ディーゼルフラクポンプ
• その他のタイプ

第6章 世界のフラックポンプ市場：定格馬力別

• 低馬力フラックポンプ
• 中馬力フラックポンプ
• 高馬力フラックポンプ

第7章 世界のフラックポンプ市場：用途別

• オンショア井戸
• オフショア井戸
• その他の用途

第8章 世界のフラックポンプ市場：エンドユーザー別

• 石油・ガス探査会社
• 油田サービス会社
• レンタル会社
• その他のエンドユーザー

第9章 世界のフラックポンプ市場：地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン
  • その他欧州
• アジア太平洋地域
  • 日本
  • 中国
  • インド
  • オーストラリア
  • ニュージーランド
  • 韓国
  • その他アジア太平洋地域
• 南米
  • アルゼンチン
  • ブラジル
  • チリ
  • その他南米
• 中東とアフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • カタール
  • 南アフリカ
  • その他中東とアフリカ

第10章 主な発展

• 契約、パートナーシップ、コラボレーション、合弁事業
• 買収と合併
• 新製品の発売
• 事業拡大
• その他の主要戦略

第11章 企業プロファイル

• Forum Energy Technologies
• ValTek Industries
• Caterpillar
• Gardner Denver
• Baker Hughes
• Yukos Petroleum Equipment
• SERVA（EnTrans International）
• Cornell Pump Company
• Halliburton
• KERUI Petroleum
• ShalePumps

List of Tables

• Table 1 Global Frac Pumps Market Outlook, By Region (2021-2030) ($MN)
• Table 2 Global Frac Pumps Market Outlook, By Type (2021-2030) ($MN)
• Table 3 Global Frac Pumps Market Outlook, By Triplex Frac Pumps (2021-2030) ($MN)
• Table 4 Global Frac Pumps Market Outlook, By Quintuplex Frac Pumps (2021-2030) ($MN)
• Table 5 Global Frac Pumps Market Outlook, By Hydraulic Frac Pumps (2021-2030) ($MN)
• Table 6 Global Frac Pumps Market Outlook, By Electric Frac Pumps (2021-2030) ($MN)
• Table 7 Global Frac Pumps Market Outlook, By Diesel Frac Pumps (2021-2030) ($MN)
• Table 8 Global Frac Pumps Market Outlook, By Other Types (2021-2030) ($MN)
• Table 9 Global Frac Pumps Market Outlook, By Horsepower Rating (2021-2030) ($MN)
• Table 10 Global Frac Pumps Market Outlook, By Low Horsepower Frac Pumps (2021-2030) ($MN)
• Table 11 Global Frac Pumps Market Outlook, By Medium Horsepower Frac Pumps (2021-2030) ($MN)
• Table 12 Global Frac Pumps Market Outlook, By High Horsepower Frac Pumps (2021-2030) ($MN)
• Table 13 Global Frac Pumps Market Outlook, By Application (2021-2030) ($MN)
• Table 14 Global Frac Pumps Market Outlook, By Onshore Wells (2021-2030) ($MN)
• Table 15 Global Frac Pumps Market Outlook, By Offshore Wells (2021-2030) ($MN)
• Table 16 Global Frac Pumps Market Outlook, By Other Applications (2021-2030) ($MN)
• Table 17 Global Frac Pumps Market Outlook, By End User (2021-2030) ($MN)
• Table 18 Global Frac Pumps Market Outlook, By Oil and Gas Exploration Companies (2021-2030) ($MN)
• Table 19 Global Frac Pumps Market Outlook, By Oilfield Service Companies (2021-2030) ($MN)
• Table 20 Global Frac Pumps Market Outlook, By Rental Companies (2021-2030) ($MN)
• Table 21 Global Frac Pumps Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 22 North America Frac Pumps Market Outlook, By Country (2021-2030) ($MN)
• Table 23 North America Frac Pumps Market Outlook, By Type (2021-2030) ($MN)
• Table 24 North America Frac Pumps Market Outlook, By Triplex Frac Pumps (2021-2030) ($MN)
• Table 25 North America Frac Pumps Market Outlook, By Quintuplex Frac Pumps (2021-2030) ($MN)
• Table 26 North America Frac Pumps Market Outlook, By Hydraulic Frac Pumps (2021-2030) ($MN)
• Table 27 North America Frac Pumps Market Outlook, By Electric Frac Pumps (2021-2030) ($MN)
• Table 28 North America Frac Pumps Market Outlook, By Diesel Frac Pumps (2021-2030) ($MN)
• Table 29 North America Frac Pumps Market Outlook, By Other Types (2021-2030) ($MN)
• Table 30 North America Frac Pumps Market Outlook, By Horsepower Rating (2021-2030) ($MN)
• Table 31 North America Frac Pumps Market Outlook, By Low Horsepower Frac Pumps (2021-2030) ($MN)
• Table 32 North America Frac Pumps Market Outlook, By Medium Horsepower Frac Pumps (2021-2030) ($MN)
• Table 33 North America Frac Pumps Market Outlook, By High Horsepower Frac Pumps (2021-2030) ($MN)
• Table 34 North America Frac Pumps Market Outlook, By Application (2021-2030) ($MN)
• Table 35 North America Frac Pumps Market Outlook, By Onshore Wells (2021-2030) ($MN)
• Table 36 North America Frac Pumps Market Outlook, By Offshore Wells (2021-2030) ($MN)
• Table 37 North America Frac Pumps Market Outlook, By Other Applications (2021-2030) ($MN)
• Table 38 North America Frac Pumps Market Outlook, By End User (2021-2030) ($MN)
• Table 39 North America Frac Pumps Market Outlook, By Oil and Gas Exploration Companies (2021-2030) ($MN)
• Table 40 North America Frac Pumps Market Outlook, By Oilfield Service Companies (2021-2030) ($MN)
• Table 41 North America Frac Pumps Market Outlook, By Rental Companies (2021-2030) ($MN)
• Table 42 North America Frac Pumps Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 43 Europe Frac Pumps Market Outlook, By Country (2021-2030) ($MN)
• Table 44 Europe Frac Pumps Market Outlook, By Type (2021-2030) ($MN)
• Table 45 Europe Frac Pumps Market Outlook, By Triplex Frac Pumps (2021-2030) ($MN)
• Table 46 Europe Frac Pumps Market Outlook, By Quintuplex Frac Pumps (2021-2030) ($MN)
• Table 47 Europe Frac Pumps Market Outlook, By Hydraulic Frac Pumps (2021-2030) ($MN)
• Table 48 Europe Frac Pumps Market Outlook, By Electric Frac Pumps (2021-2030) ($MN)
• Table 49 Europe Frac Pumps Market Outlook, By Diesel Frac Pumps (2021-2030) ($MN)
• Table 50 Europe Frac Pumps Market Outlook, By Other Types (2021-2030) ($MN)
• Table 51 Europe Frac Pumps Market Outlook, By Horsepower Rating (2021-2030) ($MN)
• Table 52 Europe Frac Pumps Market Outlook, By Low Horsepower Frac Pumps (2021-2030) ($MN)
• Table 53 Europe Frac Pumps Market Outlook, By Medium Horsepower Frac Pumps (2021-2030) ($MN)
• Table 54 Europe Frac Pumps Market Outlook, By High Horsepower Frac Pumps (2021-2030) ($MN)
• Table 55 Europe Frac Pumps Market Outlook, By Application (2021-2030) ($MN)
• Table 56 Europe Frac Pumps Market Outlook, By Onshore Wells (2021-2030) ($MN)
• Table 57 Europe Frac Pumps Market Outlook, By Offshore Wells (2021-2030) ($MN)
• Table 58 Europe Frac Pumps Market Outlook, By Other Applications (2021-2030) ($MN)
• Table 59 Europe Frac Pumps Market Outlook, By End User (2021-2030) ($MN)
• Table 60 Europe Frac Pumps Market Outlook, By Oil and Gas Exploration Companies (2021-2030) ($MN)
• Table 61 Europe Frac Pumps Market Outlook, By Oilfield Service Companies (2021-2030) ($MN)
• Table 62 Europe Frac Pumps Market Outlook, By Rental Companies (2021-2030) ($MN)
• Table 63 Europe Frac Pumps Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 64 Asia Pacific Frac Pumps Market Outlook, By Country (2021-2030) ($MN)
• Table 65 Asia Pacific Frac Pumps Market Outlook, By Type (2021-2030) ($MN)
• Table 66 Asia Pacific Frac Pumps Market Outlook, By Triplex Frac Pumps (2021-2030) ($MN)
• Table 67 Asia Pacific Frac Pumps Market Outlook, By Quintuplex Frac Pumps (2021-2030) ($MN)
• Table 68 Asia Pacific Frac Pumps Market Outlook, By Hydraulic Frac Pumps (2021-2030) ($MN)
• Table 69 Asia Pacific Frac Pumps Market Outlook, By Electric Frac Pumps (2021-2030) ($MN)
• Table 70 Asia Pacific Frac Pumps Market Outlook, By Diesel Frac Pumps (2021-2030) ($MN)
• Table 71 Asia Pacific Frac Pumps Market Outlook, By Other Types (2021-2030) ($MN)
• Table 72 Asia Pacific Frac Pumps Market Outlook, By Horsepower Rating (2021-2030) ($MN)
• Table 73 Asia Pacific Frac Pumps Market Outlook, By Low Horsepower Frac Pumps (2021-2030) ($MN)
• Table 74 Asia Pacific Frac Pumps Market Outlook, By Medium Horsepower Frac Pumps (2021-2030) ($MN)
• Table 75 Asia Pacific Frac Pumps Market Outlook, By High Horsepower Frac Pumps (2021-2030) ($MN)
• Table 76 Asia Pacific Frac Pumps Market Outlook, By Application (2021-2030) ($MN)
• Table 77 Asia Pacific Frac Pumps Market Outlook, By Onshore Wells (2021-2030) ($MN)
• Table 78 Asia Pacific Frac Pumps Market Outlook, By Offshore Wells (2021-2030) ($MN)
• Table 79 Asia Pacific Frac Pumps Market Outlook, By Other Applications (2021-2030) ($MN)
• Table 80 Asia Pacific Frac Pumps Market Outlook, By End User (2021-2030) ($MN)
• Table 81 Asia Pacific Frac Pumps Market Outlook, By Oil and Gas Exploration Companies (2021-2030) ($MN)
• Table 82 Asia Pacific Frac Pumps Market Outlook, By Oilfield Service Companies (2021-2030) ($MN)
• Table 83 Asia Pacific Frac Pumps Market Outlook, By Rental Companies (2021-2030) ($MN)
• Table 84 Asia Pacific Frac Pumps Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 85 South America Frac Pumps Market Outlook, By Country (2021-2030) ($MN)
• Table 86 South America Frac Pumps Market Outlook, By Type (2021-2030) ($MN)
• Table 87 South America Frac Pumps Market Outlook, By Triplex Frac Pumps (2021-2030) ($MN)
• Table 88 South America Frac Pumps Market Outlook, By Quintuplex Frac Pumps (2021-2030) ($MN)
• Table 89 South America Frac Pumps Market Outlook, By Hydraulic Frac Pumps (2021-2030) ($MN)
• Table 90 South America Frac Pumps Market Outlook, By Electric Frac Pumps (2021-2030) ($MN)
• Table 91 South America Frac Pumps Market Outlook, By Diesel Frac Pumps (2021-2030) ($MN)
• Table 92 South America Frac Pumps Market Outlook, By Other Types (2021-2030) ($MN)
• Table 93 South America Frac Pumps Market Outlook, By Horsepower Rating (2021-2030) ($MN)
• Table 94 South America Frac Pumps Market Outlook, By Low Horsepower Frac Pumps (2021-2030) ($MN)
• Table 95 South America Frac Pumps Market Outlook, By Medium Horsepower Frac Pumps (2021-2030) ($MN)
• Table 96 South America Frac Pumps Market Outlook, By High Horsepower Frac Pumps (2021-2030) ($MN)
• Table 97 South America Frac Pumps Market Outlook, By Application (2021-2030) ($MN)
• Table 98 South America Frac Pumps Market Outlook, By Onshore Wells (2021-2030) ($MN)
• Table 99 South America Frac Pumps Market Outlook, By Offshore Wells (2021-2030) ($MN)
• Table 100 South America Frac Pumps Market Outlook, By Other Applications (2021-2030) ($MN)
• Table 101 South America Frac Pumps Market Outlook, By End User (2021-2030) ($MN)
• Table 102 South America Frac Pumps Market Outlook, By Oil and Gas Exploration Companies (2021-2030) ($MN)
• Table 103 South America Frac Pumps Market Outlook, By Oilfield Service Companies (2021-2030) ($MN)
• Table 104 South America Frac Pumps Market Outlook, By Rental Companies (2021-2030) ($MN)
• Table 105 South America Frac Pumps Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 106 Middle East & Africa Frac Pumps Market Outlook, By Country (2021-2030) ($MN)
• Table 107 Middle East & Africa Frac Pumps Market Outlook, By Type (2021-2030) ($MN)
• Table 108 Middle East & Africa Frac Pumps Market Outlook, By Triplex Frac Pumps (2021-2030) ($MN)
• Table 109 Middle East & Africa Frac Pumps Market Outlook, By Quintuplex Frac Pumps (2021-2030) ($MN)
• Table 110 Middle East & Africa Frac Pumps Market Outlook, By Hydraulic Frac Pumps (2021-2030) ($MN)
• Table 111 Middle East & Africa Frac Pumps Market Outlook, By Electric Frac Pumps (2021-2030) ($MN)
• Table 112 Middle East & Africa Frac Pumps Market Outlook, By Diesel Frac Pumps (2021-2030) ($MN)
• Table 113 Middle East & Africa Frac Pumps Market Outlook, By Other Types (2021-2030) ($MN)
• Table 114 Middle East & Africa Frac Pumps Market Outlook, By Horsepower Rating (2021-2030) ($MN)
• Table 115 Middle East & Africa Frac Pumps Market Outlook, By Low Horsepower Frac Pumps (2021-2030) ($MN)
• Table 116 Middle East & Africa Frac Pumps Market Outlook, By Medium Horsepower Frac Pumps (2021-2030) ($MN)
• Table 117 Middle East & Africa Frac Pumps Market Outlook, By High Horsepower Frac Pumps (2021-2030) ($MN)
• Table 118 Middle East & Africa Frac Pumps Market Outlook, By Application (2021-2030) ($MN)
• Table 119 Middle East & Africa Frac Pumps Market Outlook, By Onshore Wells (2021-2030) ($MN)
• Table 120 Middle East & Africa Frac Pumps Market Outlook, By Offshore Wells (2021-2030) ($MN)
• Table 121 Middle East & Africa Frac Pumps Market Outlook, By Other Applications (2021-2030) ($MN)
• Table 122 Middle East & Africa Frac Pumps Market Outlook, By End User (2021-2030) ($MN)
• Table 123 Middle East & Africa Frac Pumps Market Outlook, By Oil and Gas Exploration Companies (2021-2030) ($MN)
• Table 124 Middle East & Africa Frac Pumps Market Outlook, By Oilfield Service Companies (2021-2030) ($MN)
• Table 125 Middle East & Africa Frac Pumps Market Outlook, By Rental Companies (2021-2030) ($MN)
• Table 126 Middle East & Africa Frac Pumps Market Outlook, By Other End Users (2021-2030) ($MN)

According to Stratistics MRC, the Global Frac Pumps Market is accounted for $543.86 million in 2023 and is expected to reach $828.63 million by 2030 growing at a CAGR of 6.2% during the forecast period. Frac pumps, also known as fracturing pumps, are essential to hydraulic fracturing operations in the oil and gas sector. These specialized pumps are made to produce high pressure and pump large amounts of fluid-usually water mixed with chemicals and sand-into subterranean rock formations. Moreover, hydrocarbons like oil and natural gas can be extracted from reservoir rocks thanks to the severe pressure that frac pumps create in the rock.

According to the American Petroleum Institute (API), advancements in drilling technology and the utilization of state-of-the-art frac pumps have been pivotal in enhancing the efficiency and productivity of hydraulic fracturing processes within the oil and gas industry.

Market Dynamics:

Driver:

Rising interest in non-conventional gas and oil resources

A shift towards unconventional oil and gas resources, like shale formations, has resulted from the growing demand for energy on a global scale. Hydrocarbons can be extracted from these unconventional reservoirs using hydraulic fracturing, and hydraulic pumps are essential to this process. Additionally, the need for durable frac pumps that can effectively handle high-pressure fluid injection is growing as exploration and production efforts shift their focus to unconventional sources, propelling the frac pump market's expansion.

Restraint:

Variable costs of gas and oil

One major obstacle facing the frac pump industry is the volatility of global oil and gas prices. Commodity prices have a significant impact on the economic feasibility of hydraulic fracturing projects. There is less of a need for frac pumps when prices are low because operators may scale back on production and exploration. Furthermore, the frac pump market's growth prospects may be impacted by market volatility and economic uncertainties that prevent investments in new drilling projects.

Opportunity:

Technological breakthroughs and sector advancements

Technological innovations that keep coming up create opportunities for the frac pump market. Pump manufacturers can become more competitive by focusing their research and development efforts on improving pump durability, efficiency, and environmental impact. Moreover, pump systems with automation, smart technologies, and advanced materials offer operators ways to stand out from the competition, increasing productivity and sustainability while creating new opportunities for creative frac pump applications.

Threat:

Alternative energy sources competition

The long-term need for conventional oil and gas extraction techniques, like hydraulic fracturing, is threatened by the growing use of alternative energy sources, such as electrification and renewable energy. Frac pumps may become less necessary as the world moves toward greener energy sources and the oil and gas sector experiences a decline in demand. Furthermore, growing competitiveness and ongoing developments in alternative technologies may present difficulties for the established hydrocarbon extraction industry.

Covid-19 Impact:

The global energy dynamics and oil and gas operations have been disrupted by the COVID-19 pandemic, which has had a significant effect on the frac pump market. Reduced demand due to lockdowns and travel restrictions, combined with the abrupt drop in oil prices, caused a contraction in exploration and production activities. The need for frac pumps was directly impacted by the cancellation or postponement of numerous oil and gas projects. Workforce constraints, economic uncertainty, and supply chain disruptions all added to the industry's problems. Additionally, the frac pump market saw a fall in investments, postponed projects, and an overall slowdown in its growth trajectory as the energy sector dealt with the financial fallout from the pandemic.

The Triplex Frac Pumps segment is expected to be the largest during the forecast period

The Triplex has the largest market share as these pumps are so reliable and effective, they are frequently used in hydraulic fracturing operations. With their three reciprocating plungers, these pumps offer a high-pressure fluid injection application that strikes a balance between dependability and power. Moreover, their dominance is explained by their capacity to produce high pressure, which is necessary for effectively fracturing subterranean rock formations. Due to their dependability, simplicity of maintenance and suitability for demanding oil and gas extraction environments, triplex frac pumps are the preferred choice.

The Oilfield Service Companies segment is expected to have the highest CAGR during the forecast period

The segment of the frac pump market with the highest CAGR is oilfield service companies. By offering a variety of services, including hydraulic fracturing operations, where frac pumps are essential components, oilfield service companies play a crucial role in the oil and gas industry. Oilfield service businesses have grown as a result of the rising demand for gas and oil as well as the expansion of unconventional resource exploration. Additionally, the need for sophisticated frac pumps is being driven by these businesses, which provide specific knowledge, tools, and labor for effective hydraulic fracturing.

Region with largest share:

Due to the strength of the oil and gas industry in both the United States and Canada, North America currently holds the largest share of the global market for frac pumps. Large-scale hydraulic fracturing operations have been concentrated in the area, especially in shale basins with high production like the Permian Basin, Bakken Formation, and Eagle Ford Shale. Furthermore, the need for frac pumps has increased due to the rise in unconventional resource production and exploration, as well as technological developments in hydraulic fracturing methods. North America's dominant position in the global frac pump market can be attributed to the notable surge in shale gas and tight oil extraction in the United States in particular.

Region with highest CAGR:

The Middle East and Africa (MEA) has the highest CAGR in the frac pump market. Because of the region's abundant conventional and unconventional hydrocarbon reserves, there has been a noticeable surge in oil and gas exploration and production activities in the MEA. To fully utilize their shale gas resources, nations like Saudi Arabia, the United Arab Emirates, Iraq, and Oman have been making significant investments in hydraulic fracturing technology. As a result, there is an increasing need for frac pumps in the area. Additionally, a number of domestic and foreign oil companies operate in the Middle East, making it a significant hub for the production of gas and oil.

Key players in the market

Some of the key players in Frac Pumps market include Forum Energy Technologies, Stewart & Stevenson, ValTek Industries, Caterpillar, Gardner Denver, Baker Hughes, Yukos Petroleum Equipment, SERVA (EnTrans International), Cornell Pump Company, Halliburton, KERUI Petroleum and ShalePumps.

Key Developments:

In January 2024, Forum Energy Technologies, Inc. announced it has completed the acquisition of Variperm Energy Services, a leading manufacturer of customized downhole technology solutions, providing sand and flow control products for heavy oil applications. Total consideration for the acquisition consisted of $150 million of cash and 2 million shares of FET's common stock, subject to customary purchase price adjustments.

In January 2024, Caterpillar Inc. has signed an electrification strategic agreement with CRH to advance the deployment of Caterpillar's zero-exhaust emissions solutions for electric off-highway trucks and charging solutions. CRH is the number one Electric Off-Highway Trucksaggregates producer in North America and the first company in that industry to sign such an agreement with Caterpillar.

In December 2023, Baker Hughes has entered into a 20-year framework agreement with Chevron Australia for the supply of subsea production systems. Baker Hughes will offer its Aptara subsea production systems for Chevron Australia's future offshore developments. According to the company, the Aptara suite is an array of advanced subsea equipment including subsea trees, wellheads, control systems and more, and offers adaptable, lightweight and compact TOTEX-lite subsea systems to meet the industry's evolving demands.

Types Covered:

• Triplex Frac Pumps
• Quintuplex Frac Pumps
• Hydraulic Frac Pumps
• Electric Frac Pumps
• Diesel Frac Pumps
• Other Types

Horsepower Ratings Covered:

• Low Horsepower Frac Pumps
• Medium Horsepower Frac Pumps
• High Horsepower Frac Pumps

Applications Covered:

• Onshore Wells
• Offshore Wells
• Other Applications

End Users Covered:

• Oil and Gas Exploration Companies
• Oilfield Service Companies
• Rental Companies
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Frac Pumps Market, By Type

• 5.1 Introduction
• 5.2 Triplex Frac Pumps
• 5.3 Quintuplex Frac Pumps
• 5.4 Hydraulic Frac Pumps
• 5.5 Electric Frac Pumps
• 5.6 Diesel Frac Pumps
• 5.7 Other Types

6 Global Frac Pumps Market, By Horsepower Rating

• 6.1 Introduction
• 6.2 Low Horsepower Frac Pumps
• 6.3 Medium Horsepower Frac Pumps
• 6.4 High Horsepower Frac Pumps

7 Global Frac Pumps Market, By Application

• 7.1 Introduction
• 7.2 Onshore Wells
• 7.3 Offshore Wells
• 7.4 Other Applications

8 Global Frac Pumps Market, By End User

• 8.1 Introduction
• 8.2 Oil and Gas Exploration Companies
• 8.3 Oilfield Service Companies
• 8.4 Rental Companies
• 8.5 Other End Users

9 Global Frac Pumps Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Forum Energy Technologies
• 11.2 ValTek Industries
• 11.3 Caterpillar
• 11.4 Gardner Denver
• 11.5 Baker Hughes
• 11.6 Yukos Petroleum Equipment
• 11.7 SERVA (EnTrans International)
• 11.8 Cornell Pump Company
• 11.9 Halliburton
• 11.10 KERUI Petroleum
• 11.11 ShalePumps