Global Subsea Artificial Lift Systems Market Research Report 2019 (Includes Business Impact of COVID-19)

  • TBI797627
  • May 03, 2019
  • Global
  • 97 pages
  • QY Market Research
                                          

"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Subsea Artificial Lift Systems market. Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Subsea Artificial Lift Systems market." Artificial lift is a process used on oil wells to increase pressure within the reservoir and encourage oil to the surface. When the natural drive energy of the reservoir is not strong enough to push the oil to the surface, artificial lift is employed to recover more production. The rising need to increase the efficiency of existing wells is one of the key drivers stimulating growth in the market during the estimated period. The drop in global crude oil prices has severely affected the upstream oil and gas sector and the drilling market. This resulted in high rates of employee layoffs and reduced revenues in major oil and gas companies. The decline in oil price has also reduced the profit margin of the upstream exploration and production (E&P) and service provider companies. This compels the upstream E&P companies to increase the efficiency and recovery of oil from existing wells. Consequently, the demand for artificial lift techniques will increase in the forthcoming years to recover oil from existing wells, mature fields, or new wells. Furthermore, explorers are also increasingly focusing on the recovery of oil using artificial lift techniques because the recovery of oil is relatively less expensive than drilling new wells. The increasing demand for the production of oil and gas will fuel the adoption of artificial lift systems in the Americas. The US was the major participant in the production of crude oil and liquid fuel consumption during 2017. Owing to the constant increase in the demand from countries such as the US, Canada, and Mexico, North America is the second-largest consumer of crude oil across the world. This will consequently drive the markets growth prospects in this region during the next four years. The global Subsea Artificial Lift Systems market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. This report focuses on Subsea Artificial Lift Systems volume and value at global level, regional level and company level. From a global perspective, this report represents overall Subsea Artificial Lift Systems market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report. The following manufacturers are covered: Baker Hughes Halliburton National Oilwell Varco Schlumberger Weatherford Borets JJ Tech Multi-Chase Group NOVOMET Segment by Regions North America Europe China Japan Segment by Type Electric Submersible Pump System Progressive Cavity Pump System Rod Lift Segment by Application Oil Wells Gas Wells

Table of Contents

Executive Summary
1 Subsea Artificial Lift Systems Market Overview
    1.1 Product Overview and Scope of Subsea Artificial Lift Systems
    1.2 Subsea Artificial Lift Systems Segment by Type
        1.2.1 Global Subsea Artificial Lift Systems Production Growth Rate Comparison by Type (2014-2025)
        1.2.2 Electric Submersible Pump System
        1.2.3 Progressive Cavity Pump System
        1.2.4 Rod Lift
    1.3 Subsea Artificial Lift Systems Segment by Application
        1.3.1 Subsea Artificial Lift Systems Consumption Comparison by Application (2014-2025)
        1.3.2 Oil Wells
        1.3.3 Gas Wells
    1.4 Global Subsea Artificial Lift Systems Market by Region
        1.4.1 Global Subsea Artificial Lift Systems Market Size Region
        1.4.2 North America Status and Prospect (2014-2025)
        1.4.3 Europe Status and Prospect (2014-2025)
        1.4.4 China Status and Prospect (2014-2025)
        1.4.5 Japan Status and Prospect (2014-2025)
    1.5 Global Subsea Artificial Lift Systems Market Size
        1.5.1 Global Subsea Artificial Lift Systems Revenue (2014-2025)
        1.5.2 Global Subsea Artificial Lift Systems Production (2014-2025)

2 Global Subsea Artificial Lift Systems Market Competition by Manufacturers
    2.1 Global Subsea Artificial Lift Systems Production Market Share by Manufacturers (2014-2019)
    2.2 Global Subsea Artificial Lift Systems Revenue Share by Manufacturers (2014-2019)
    2.3 Global Subsea Artificial Lift Systems Average Price by Manufacturers (2014-2019)
    2.4 Manufacturers Subsea Artificial Lift Systems Production Sites, Area Served, Product Types
    2.5 Subsea Artificial Lift Systems Market Competitive Situation and Trends
        2.5.1 Subsea Artificial Lift Systems Market Concentration Rate
        2.5.2 Subsea Artificial Lift Systems Market Share of Top 3 and Top 5 Manufacturers
        2.5.3 Mergers & Acquisitions, Expansion

3 Global Subsea Artificial Lift Systems Production Market Share by Regions
    3.1 Global Subsea Artificial Lift Systems Production Market Share by Regions
    3.2 Global Subsea Artificial Lift Systems Revenue Market Share by Regions (2014-2019)
    3.3 Global Subsea Artificial Lift Systems Production, Revenue, Price and Gross Margin (2014-2019)
    3.4 North America Subsea Artificial Lift ...
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