Electrical Submersible Pump (ESP) Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
1742 | Date :
Jan, 2023 | Pages :
192 | Region : Global |
Publisher : 99 Strategy
The electrical submersible pump, typically called an ESP, is an efficient and reliable artificial-lift method for lifting moderate to high volumes of fluids from wellbores. These volumes range from a low of 150 B/D to as much as 150,000 B/D (24 to 24,600 m3/d). Variable-speed controllers can extend this range significantly, both on the high and low side. The ESP\'s main components include: multistaged centrifugal pump，three-phase induction motor，seal-chamber section，power cable and surface controls。
First of all, increasing demand for Electric submersible pumps coupled with the exploration of new energy is expected to result in the growth of the market. The shortage of oil and gas drives the market. Productivity is another key point to encourage customers to use it. The adoption of novel technologies will thus enable them drill deeper into oil wells. Such incumbent trends will create attractive opportunities for the sales of electrical submersible pumps (ESPs). Second，on the basis of region，Europe dominates the electrical submersible pumps market and is expected to witness an increase through the forecast period. The market in Central and South America are estimated to grow as a result of a large number of mature fields in Venezuela and Brazil.
The Global Electrical Submersible Pump (ESP) Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023-2030.
As the report focuses on global Electrical Submersible Pump (ESP) Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Sulzer
Grundfos Group
KSB Group
WILO
Schlumberger Limited
Baker Hughes Incorporated
Borets Company
GE Oil & Gas
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Openwell
Borewell
In Market segmentation by applications :
Industrial
Agriculture
Domestic
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Electrical Submersible Pump (ESP) Market for the forecast period 2023-2030?
• What are the driving forces in the Electrical Submersible Pump (ESP) Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Electrical Submersible Pump (ESP) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
Table of Contents
1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Electrical Submersible Pump (ESP) Market Size Growth Rate by Type (2020-2030)
1.3.2 Openwell
1.3.3 Borewell
1.4 Market Segment by Application
1.4.1 Global Electrical Submersible Pump (ESP) Market Share by Application (2020-2030)
1.4.2 Industrial
1.4.3 Agriculture
1.4.4 Domestic
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Electrical Submersible Pump (ESP) Production Value 2015-2030
2.1.2 Global Electrical Submersible Pump (ESP) Production 2015-2030
2.1.3 Global Electrical Submersible Pump (ESP) Capacity 2015-2030
2.1.4 Global Electrical Submersible Pump (ESP) Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2020-2030
2.2.1 Global Electrical Submersible Pump (ESP) Market Size CAGR of Key Regions
2.2.2 Global Electrical Submersible Pump (ESP) Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Electrical Submersible Pump (ESP) Capacity by Manufacturers
3.1.2 Global Electrical Submersible Pump (ESP) Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Electrical Submersible Pump (ESP) Revenue by Manufacturers (2018 - 2022)
3.2.2 Electrical Submersible Pump (ESP) Revenue Share by Manufacturers (2018 - 2022)
3.2.3 Global Electrical Submersible Pump (ESP) Market Concentration Ratio (CR5 and HHI)
3.3 Electrical Submersible Pump (ESP) Price by Manufacturers
3.4 Key Manufacturers Electrical Submersible Pump (ESP) Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Electrical Submersible Pump (ESP) Market
3.6 Key Manufacturers Electrical Submersible Pump (ESP) Product Offered
3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Production and Production Value for Each Type
4.1.1 Openwell Production and Production Value (2018 - 2022)
4.1.2 Borewell Production and Production Value (2018 - 2022)
4.2 Global Electrical Submersible Pump (ESP) Production Market Share by Type
4.3 Global Electrical Submersible Pump (ESP) Production Value Market Share by Type
4.4 Electrical Submersible Pump (ESP) Ex-factory Price by Type
5 Market Size by Application
5.1 Overview
5.2 Global Electrical Submersible Pump (ESP) Consumption by Application
6 Production by Regions
6.1 Global Electrical Submersible Pump (ESP) Production (History Data) by Regions 2018 - 2022
6.2 Global Electrical Submersible Pump (ESP) Production Value (History Data) by Regions
6.3 United States
6.3.1 United States Electrical Submersible Pump (ESP) Production Growth Rate 2018 - 2022
6.3.2 United States Electrical Submersible Pump (ESP) Production Value Growth Rate 2018 - 2022
6.3.3 Key Players in United States
6.3.4 United States Electrical Submersible Pump (ESP) Import & Export
6.4 European Union
6.4.1 European Union Electrical Submersible Pump (ESP) Production Growth Rate 2018 - 2022
6.4.2 European Union Electrical Submersible Pump (ESP) Production Value Growth Rate 2018 - 2022
6.4.3 Key Players in European Union
6.4.4 European Union Electrical Submersible Pump (ESP) Import & Export
6.5 China
6.5.1 China Electrical Submersible Pump (ESP) Production Growth Rate 2018 - 2022
6.5.2 China Electrical Submersible Pump (ESP) Production Value Growth Rate 2018 - 2022
6.5.3 Key Players in China
6.5.4 China Electrical Submersible Pump (ESP) Import & Export
6.6 Rest of World
6.6.1 Japan
6.6.2 Korea
6.6.3 India
6.6.4 Southeast Asia
7 Electrical Submersible Pump (ESP) Consumption by Regions
7.1 Global Electrical Submersible Pump (ESP) Consumption (History Data) by Regions
7.2 United States
7.2.1 United States Electrical Submersible Pump (ESP) Consumption by Type
7.2.2 United States Electrical Submersible Pump (ESP) Consumption by Application
7.3 European Union
7.3.1 European Union Electrical Submersible Pump (ESP) Consumption by Type
7.3.2 European Union Electrical Submersible Pump (ESP) Consumption by Application
7.4 China
7.4.1 China Electrical Submersible Pump (ESP) Consumption by Type
7.4.2 China Electrical Submersible Pump (ESP) Consumption by Application
7.5 Rest of World
7.5.1 Rest of World Electrical Submersible Pump (ESP) Consumption by Type
7.5.2 Rest of World Electrical Submersible Pump (ESP) Consumption by Application
7.5.1 Japan
7.5.2 Korea
7.5.3 India
7.5.4 Southeast Asia
8 Company Profiles
8.1 Sulzer
8.1.1 Sulzer Company Details
8.1.2 Company Description and Business Overview
8.1.3 Production and Revenue of Electrical Submersible Pump (ESP)
8.1.4 Electrical Submersible Pump (ESP) Product Introduction
8.1.5 Sulzer Recent Development
8.2 Grundfos Group
8.2.1 Grundfos Group Company Details
8.2.2 Company Description and Business Overview
8.2.3 Production and Revenue of Electrical Submersible Pump (ESP)
8.2.4 Electrical Submersible Pump (ESP) Product Introduction
8.2.5 Grundfos Group Recent Development
8.3 KSB Group
8.3.1 KSB Group Company Details
8.3.2 Company Description and Business Overview
8.3.3 Production and Revenue of Electrical Submersible Pump (ESP)
8.3.4 Electrical Submersible Pump (ESP) Product Introduction
8.3.5 KSB Group Recent Development
8.4 WILO
8.4.1 WILO Company Details
8.4.2 Company Description and Business Overview
8.4.3 Production and Revenue of Electrical Submersible Pump (ESP)
8.4.4 Electrical Submersible Pump (ESP) Product Introduction
8.4.5 WILO Recent Development
8.5 Schlumberger Limited
8.5.1 Schlumberger Limited Company Details
8.5.2 Company Description and Business Overview
8.5.3 Production and Revenue of Electrical Submersible Pump (ESP)
8.5.4 Electrical Submersible Pump (ESP) Product Introduction
8.5.5 Schlumberger Limited Recent Development
8.6 Baker Hughes Incorporated
8.6.1 Baker Hughes Incorporated Company Details
8.6.2 Company Description and Business Overview
8.6.3 Production and Revenue of Electrical Submersible Pump (ESP)
8.6.4 Electrical Submersible Pump (ESP) Product Introduction
8.6.5 Baker Hughes Incorporated Recent Development
8.7 Borets Company
8.7.1 Borets Company Company Details
8.7.2 Company Description and Business Overview
8.7.3 Production and Revenue of Electrical Submersible Pump (ESP)
8.7.4 Electrical Submersible Pump (ESP) Product Introduction
8.7.5 Borets Company Recent Development
8.8 GE Oil & Gas
8.8.1 GE Oil & Gas Company Details
8.8.2 Company Description and Business Overview
8.8.3 Production and Revenue of Electrical Submersible Pump (ESP)
8.8.4 Electrical Submersible Pump (ESP) Product Introduction
8.8.5 GE Oil & Gas Recent Development
9 Market Forecast
9.1 Global Market Size Forecast
9.1.1 Global Electrical Submersible Pump (ESP) Capacity, Production Forecast 2020-2030
9.1.2 Global Electrical Submersible Pump (ESP) Production Value Forecast 2020-2030
9.2 Market Forecast by Regions
9.2.1 Global Electrical Submersible Pump (ESP) Production and Value Forecast by Regions 2020-2030
9.2.2 Global Electrical Submersible Pump (ESP) Consumption Forecast by Regions 2020-2030
9.3 United States
9.3.1 Production and Value Forecast in United States
9.3.2 Consumption Forecast in United States
9.4 European Union
9.4.1 Production and Value Forecast in European Union
9.4.2 Consumption Forecast in European Union
9.5 China
9.5.1 Production and Value Forecast in China
9.5.2 Consumption Forecast in China
9.6 Rest of World
9.6.1 Japan
9.6.2 Korea
9.6.3 India
9.6.4 Southeast Asia
9.7 Forecast by Type
9.7.1 Global Electrical Submersible Pump (ESP) Production Forecast by Type
9.7.2 Global Electrical Submersible Pump (ESP) Production Value Forecast by Type
9.8 Consumption Forecast by Application
11 Opportunities & Challenges, Threat and Affecting Factors
11.1 Market Opportunities
11.2 Market Challenges
11.3 Porters Five Forces Analysis
12 Key Findings
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
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