Global Artificial Lift Pumps Market 2016-2020, Competitive Landscape, Analyzes, Key Strategies and Profiles Leading Players

Global Artificial Lift Pumps Market 2016-2020 Size and Share Published in 2016-06-17 Available for US$ 2500 at


About the Artificial Lift Pumps Market

As a direct impact of the ambiguity in the oil market, the global artificial lift pumps market has been experiencing sluggishness in the recent past as it has become enmeshed with the turmoil in the global oil industry. Declining prices, deferred investments, investor skepticism, and an unpredictable future in the commodity’s outlook are inhibiting the growth of the market.

Technavios analysts forecast the global artificial lift pumps market to grow at a CAGR of 1.56% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global artificial lift pumps market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total consumption of artificial lift pumps globally. The report does not include revenue generated from the aftermarket service of the product.

The market is divided into the following segments based on geography:





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Technavio’s report, Global Artificial Lift Pumps Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Baker Hughes


GE-Alstom Grid



Other prominent vendors

Aker Solutions




Market driver

Introduction of wireline retrievable ESP to reduce OPEX

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Market challenge

Deferred investments and projects

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Market trend

Emergence of microgrid technology

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Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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Table of Content

PART 01: Executive summary


PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market overview

Five forces analysis

PART 06: Market drivers

Introduction of wireline retrievable ESP to reduce OPEX

Use of jet pumps for rig-free lift operations

Need for improved and enhanced oil recovery

HEAL systems to ease lifting in horizontal wells

PART 07: Impact of drivers

PART 08: Market challenges

Deferred investments and projects

Change in energy mix

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