According to the latest research analysis,the global market for Electric Submersible Pump for Oil & Gas should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
China Electric Submersible Pump for Oil & Gas market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
The United States Electric Submersible Pump for Oil & Gas market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
In terms of type, Less than 100HP segment holds a share about % in 2022 and will reach % in 2029; while in terms of application, Onshore Oil& Gas has a share approximately % in 2022 and will grow at a CAGR % during 2023 and 2029.
The global key manufacturers of Electric Submersible Pump for Oil & Gas include SLB, Baker Hughes, Halliburton, Borets, General Electric, Triol, Runaco International, Novomet and Pleuger, etc. In 2022, the global top five players hold a share approximately % in terms of revenue.
This report aims to provide a comprehensive study of the global market for Electric Submersible Pump for Oil & Gas.
Data-Driven Insights: Highlights from Our Report
(1) Global Electric Submersible Pump for Oil & Gas market size (sales volume & revenue), history data from 2018-2022 and forecast data from 2023 to 2029.
(2) Global Electric Submersible Pump for Oil & Gas market competitive situation, sales, revenue, price and market share, from 2018 to 2022.
(3) China Electric Submersible Pump for Oil & Gas market competitive situation, sales, revenue, price and market share, from 2018 to 2022.
(4) Global Electric Submersible Pump for Oil & Gas segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.
(5) Global Electric Submersible Pump for Oil & Gas segment by type and by application and regional segment by type and by application.
(6) Global major production regions of Electric Submersible Pump for Oil & Gas, capacity, production and trends.
(7) Electric Submersible Pump for Oil & Gas industry supply chain, upstream, midstream and downstream analysis.
Breaking Down Market Segments by Region: A Deep Dive Analysis
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Understanding Market Segments by Type: A Comparative Analysis
Less than 100HP
100-200HP
More than 200HP
Market Segmentation by Application: Dividing Key Markets and Identifying Opportunities
Onshore Oil& Gas
Offshore Oil& Gas
Understanding Market Segments by Key Players: Insights and Opportunities
SLB
Baker Hughes
Halliburton
Borets
General Electric
Triol
Runaco International
Novomet
Pleuger
Canadian Advanced ESP Inc
Lishen Pump
Shengli Pump
1 Market Overview
1.1 Electric Submersible Pump for Oil & Gas Definition
1.2 Global Electric Submersible Pump for Oil & Gas Market Size and Forecast
1.2.1 By Revenue, Global Electric Submersible Pump for Oil & Gas Market Size, 2018-2029
1.2.2 By Sales Volume, Global Electric Submersible Pump for Oil & Gas Market Size, 2018-2029
1.2.3 Global Electric Submersible Pump for Oil & Gas Price Trend, 2018-2029
1.3 China Electric Submersible Pump for Oil & Gas Market Size and Forecast
1.3.1 By Revenue, China Electric Submersible Pump for Oil & Gas Market Size, 2018-2029
1.3.2 By Sales Volume, China Electric Submersible Pump for Oil & Gas Market Size, 2018-2029
1.3.3 China Electric Submersible Pump for Oil & Gas Price Trend, 2018-2029
1.4 China Percentage in Global Market
1.4.1 By Revenue, China Electric Submersible Pump for Oil & Gas Share in Global Market, 2018-2029
1.4.2 By Sales Volume, China Electric Submersible Pump for Oil & Gas Share in Global Market, 2018-2029
1.4.3 Electric Submersible Pump for Oil & Gas Market Size: China VS Global, 2018-2029
1.5 Electric Submersible Pump for Oil & Gas Market Dynamics
1.5.1 Electric Submersible Pump for Oil & Gas Market Drivers
1.5.2 Electric Submersible Pump for Oil & Gas Market Restraints
1.5.3 Electric Submersible Pump for Oil & Gas Industry Trends
1.5.4 Electric Submersible Pump for Oil & Gas Industry Policy
2 Global Competitive Landscape by Company
2.1 Global Electric Submersible Pump for Oil & Gas Revenue by Company, 2018-2023
2.2 Global Electric Submersible Pump for Oil & Gas Sales Volume by Company, 2018-2023
2.3 Global Electric Submersible Pump for Oil & Gas Price by Company, 2018-2023
2.4 Global Electric Submersible Pump for Oil & Gas Participants, Market Position (Tier 1, Tier 2 and Tier 3)
2.5 Global Electric Submersible Pump for Oil & Gas Concentration Ratio
2.6 Global Electric Submersible Pump for Oil & Gas Mergers & Acquisitions, Expansion Plans
2.7 Global Electric Submersible Pump for Oil & Gas Manufacturers Product Type
3 China Competitive Landscape by Company
3.1 China Electric Submersible Pump for Oil & Gas Revenue by Company, 2018-2023
3.2 China Electric Submersible Pump for Oil & Gas Sales Volume by Company, 2018-2023
3.3 China Electric Submersible Pump for Oil & Gas Electric Submersible Pump for Oil & Gas Participants, Market Position (Tier 1, Tier 2 and Tier 3)
3.4 China Electric Submersible Pump for Oil & Gas Market, Sales Percentage of Local Players VS Foreign Players (2018-2023)
3.5 Chinese Local Players, Electric Submersible Pump for Oil & Gas Domestic VS Export
3.6 China Market, Electric Submersible Pump for Oil & Gas Import & Export
3.6.1 China Market, Electric Submersible Pump for Oil & Gas Import & Export, 2018-2029
3.6.2 China Electric Submersible Pump for Oil & Gas Import & Export Trends
3.6.3 Main Sources of China Electric Submersible Pump for Oil & Gas Import
3.6.4 Export Destination of China Electric Submersible Pump for Oil & Gas
4 Electric Submersible Pump for Oil & Gas Production by Region
4.1 Global Electric Submersible Pump for Oil & Gas Capacity, Production and Capacity Utilization, 2018-2029
4.2 Global Geographic Distribution of Electric Submersible Pump for Oil & Gas Manufacturers
4.3 Global Major Manufacturers, Electric Submersible Pump for Oil & Gas Capacity Expansion and Future Plans
4.4 Global Electric Submersible Pump for Oil & Gas Capacity by Region
4.5 Global Electric Submersible Pump for Oil & Gas Production by Region
4.5.1 Global Electric Submersible Pump for Oil & Gas Production & Forecast by Region, 2018 VS 2022 VS 2029
4.5.2 Global Electric Submersible Pump for Oil & Gas Production by Region, 2018-2023
4.5.3 Global Electric Submersible Pump for Oil & Gas Production Market Share & Forecast by Region, 2018-2029
5 Industry Chain Analysis
5.1 Electric Submersible Pump for Oil & Gas Industry Chain
5.2 Electric Submersible Pump for Oil & Gas Upstream Analysis
5.2.1 Electric Submersible Pump for Oil & Gas Core Raw Materials
5.2.2 Main Manufacturers of Electric Submersible Pump for Oil & Gas Core Raw Materials
5.3 Midstream Analysis
5.4 Downstream Analysis
5.5 Electric Submersible Pump for Oil & Gas Production Mode
5.6 Electric Submersible Pump for Oil & Gas Procurement Model
5.7 Electric Submersible Pump for Oil & Gas Industry Sales Model and Sales Channels
5.7.1 Electric Submersible Pump for Oil & Gas Sales Model
5.7.2 Electric Submersible Pump for Oil & Gas Typical Distributors
6 Sights by Type
6.1 Electric Submersible Pump for Oil & Gas Classification
6.1.1 Less than 100HP
6.1.2 100-200HP
6.1.3 More than 200HP
6.2 By Type, Global Electric Submersible Pump for Oil & Gas Market Size & CAGR, 2018 VS 2022 VS 2029
6.3 By Type, Global Electric Submersible Pump for Oil & Gas Revenue, 2018-2029
6.4 By Type, Global Electric Submersible Pump for Oil & Gas Sales Volume, 2018-2029
6.5 By Type, Global Electric Submersible Pump for Oil & Gas Price, 2018-2029
7 Sights by Application
7.1 Electric Submersible Pump for Oil & Gas Segment by Application
7.1.1 Onshore Oil& Gas
7.1.2 Offshore Oil& Gas
7.2 By Application, Global Electric Submersible Pump for Oil & Gas Market Size & CAGR, 2018 VS 2022 VS 2029
7.3 By Application, Global Electric Submersible Pump for Oil & Gas Revenue, 2018-2029
7.4 By Application, Global Electric Submersible Pump for Oil & Gas Sales Volume, 2018-2029
7.5 By Application, Global Electric Submersible Pump for Oil & Gas Price, 2018-2029
8 Sales Sights by Region
8.1 By Region, Global Electric Submersible Pump for Oil & Gas Market Size, 2018 VS 2022 VS 2029
8.2 By Region, Global Electric Submersible Pump for Oil & Gas Revenue, 2018-2029
8.3 By Region, Global Electric Submersible Pump for Oil & Gas Sales Volume, 2018-2029
8.4 North America
8.4.1 North America Electric Submersible Pump for Oil & Gas Market Size & Forecasts, 2018-2029
8.4.2 By Country, North America Electric Submersible Pump for Oil & Gas Market Size Market Share
8.5 Europe
8.5.1 Europe Electric Submersible Pump for Oil & Gas Market Size & Forecasts, 2018-2029
8.5.2 By Country, Europe Electric Submersible Pump for Oil & Gas Market Size Market Share
8.6 Asia Pacific
8.6.1 Asia Pacific Electric Submersible Pump for Oil & Gas Market Size & Forecasts, 2018-2029
8.6.2 By Country/Region, Asia Pacific Electric Submersible Pump for Oil & Gas Market Size Market Share
8.7 South America
8.7.1 South America Electric Submersible Pump for Oil & Gas Market Size & Forecasts, 2018-2029
8.7.2 By Country, South America Electric Submersible Pump for Oil & Gas Market Size Market Share
8.8 Middle East & Africa
9 Sales Sights by Country Level
9.1 By Country, Global Electric Submersible Pump for Oil & Gas Market Size & CAGR,2018 VS 2022 VS 2029
9.2 By Country, Global Electric Submersible Pump for Oil & Gas Revenue, 2018-2029
9.3 By Country, Global Electric Submersible Pump for Oil & Gas Sales Volume, 2018-2029
9.4 U.S.
9.4.1 U.S. Electric Submersible Pump for Oil & Gas Market Size, 2018-2029
9.4.2 By Company, U.S. Electric Submersible Pump for Oil & Gas Sales Volume Market Share, 2022
9.4.3 By Type, U.S. Electric Submersible Pump for Oil & Gas Market Size, Share, 2022 VS 2029
9.4.4 By Application, U.S. Electric Submersible Pump for Oil & Gas Market Size, Share, 2022 VS 2029
9.5 Europe
9.5.1 Europe Electric Submersible Pump for Oil & Gas Market Size, 2018-2029
9.5.2 By Company, Europe Electric Submersible Pump for Oil & Gas Sales Volume Market Share, 2022
9.5.3 By Type, Europe Electric Submersible Pump for Oil & Gas Market Size, Share, 2022 VS 2029
9.5.4 By Application, Europe Electric Submersible Pump for Oil & Gas Market Size, Share, 2022 VS 2029
9.6 China
9.6.1 China Electric Submersible Pump for Oil & Gas Market Size, 2018-2029
9.6.2 By Company, China Electric Submersible Pump for Oil & Gas Sales Volume Market Share, 2022
9.6.3 By Type, China Electric Submersible Pump for Oil & Gas Market Size, Share, 2022 VS 2029
9.6.4 By Application, China Electric Submersible Pump for Oil & Gas Market Size, Share, 2022 VS 2029
9.7 Japan
9.7.1 Japan Electric Submersible Pump for Oil & Gas Market Size, 2018-2029
9.7.2 By Company, Japan Electric Submersible Pump for Oil & Gas Sales Volume Market Share, 2022
9.7.3 By Type, Japan Electric Submersible Pump for Oil & Gas Market Size, Share, 2022 VS 2029
9.7.4 By Application, Japan Electric Submersible Pump for Oil & Gas Market Size, Share, 2022 VS 2029
9.8 South Korea
9.8.1 South Korea Electric Submersible Pump for Oil & Gas Market Size, 2018-2029
9.8.2 By Company, South Korea Electric Submersible Pump for Oil & Gas Sales Volume Market Share, 2022
9.8.3 By Type, South Korea Electric Submersible Pump for Oil & Gas Market Size, Share, 2022 VS 2029
9.8.4 By Application, South Korea Electric Submersible Pump for Oil & Gas Market Size, Share, 2022 VS 2029
9.9 Southeast Asia
9.9.1 Southeast Asia Electric Submersible Pump for Oil & Gas Market Size, 2018-2029
9.9.2 By Company, Southeast Asia Electric Submersible Pump for Oil & Gas Sales Volume Market Share, 2022
9.9.3 By Type, Southeast Asia Electric Submersible Pump for Oil & Gas Market Size, Share, 2022 VS 2029
9.9.4 By Application, Southeast Asia Electric Submersible Pump for Oil & Gas Market Size, Share, 2022 VS 2029
9.10 India
9.10.1 India Electric Submersible Pump for Oil & Gas Market Size, 2018-2029
9.10.2 By Company, India Electric Submersible Pump for Oil & Gas Sales Volume Market Share, 2022
9.10.3 By Type, India Electric Submersible Pump for Oil & Gas Market Size, Share, 2022 VS 2029
9.10.4 By Application, India Electric Submersible Pump for Oil & Gas Market Size, Share, 2022 VS 2029
9.11 Middle East & Asia
9.11.1 Middle East & Asia Electric Submersible Pump for Oil & Gas Market Size, 2018-2029
9.11.2 By Company, Middle East & Asia Electric Submersible Pump for Oil & Gas Sales Volume Market Share, 2022
9.11.3 By Type, Middle East & Asia Electric Submersible Pump for Oil & Gas Market Size, Share, 2022 VS 2029
9.11.4 By Application, Middle East & Asia Electric Submersible Pump for Oil & Gas Market Size, Share, 2022 VS 2029
10 Manufacturers Profile
10.1 SLB
10.1.1 SLB Company Information, Head Office, Market Area and Industry Position
10.1.2 SLB Electric Submersible Pump for Oil & Gas Models, Specifications and Application
10.1.3 SLB Electric Submersible Pump for Oil & Gas Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.1.4 SLB Company Profile and Main Business
10.1.5 SLB Recent Developments
10.2 Baker Hughes
10.2.1 Baker Hughes Company Information, Head Office, Market Area and Industry Position
10.2.2 Baker Hughes Electric Submersible Pump for Oil & Gas Models, Specifications and Application
10.2.3 Baker Hughes Electric Submersible Pump for Oil & Gas Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.2.4 Baker Hughes Company Profile and Main Business
10.2.5 Baker Hughes Recent Developments
10.3 Halliburton
10.3.1 Halliburton Company Information, Head Office, Market Area and Industry Position
10.3.2 Halliburton Electric Submersible Pump for Oil & Gas Models, Specifications and Application
10.3.3 Halliburton Electric Submersible Pump for Oil & Gas Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.3.4 Halliburton Company Profile and Main Business
10.3.5 Halliburton Recent Developments
10.4 Borets
10.4.1 Borets Company Information, Head Office, Market Area and Industry Position
10.4.2 Borets Electric Submersible Pump for Oil & Gas Models, Specifications and Application
10.4.3 Borets Electric Submersible Pump for Oil & Gas Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.4.4 Borets Company Profile and Main Business
10.4.5 Borets Recent Developments
10.5 General Electric
10.5.1 General Electric Company Information, Head Office, Market Area and Industry Position
10.5.2 General Electric Electric Submersible Pump for Oil & Gas Models, Specifications and Application
10.5.3 General Electric Electric Submersible Pump for Oil & Gas Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.5.4 General Electric Company Profile and Main Business
10.5.5 General Electric Recent Developments
10.6 Triol
10.6.1 Triol Company Information, Head Office, Market Area and Industry Position
10.6.2 Triol Electric Submersible Pump for Oil & Gas Models, Specifications and Application
10.6.3 Triol Electric Submersible Pump for Oil & Gas Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.6.4 Triol Company Profile and Main Business
10.6.5 Triol Recent Developments
10.7 Runaco International
10.7.1 Runaco International Company Information, Head Office, Market Area and Industry Position
10.7.2 Runaco International Electric Submersible Pump for Oil & Gas Models, Specifications and Application
10.7.3 Runaco International Electric Submersible Pump for Oil & Gas Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.7.4 Runaco International Company Profile and Main Business
10.7.5 Runaco International Recent Developments
10.8 Novomet
10.8.1 Novomet Company Information, Head Office, Market Area and Industry Position
10.8.2 Novomet Electric Submersible Pump for Oil & Gas Models, Specifications and Application
10.8.3 Novomet Electric Submersible Pump for Oil & Gas Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.8.4 Novomet Company Profile and Main Business
10.8.5 Novomet Recent Developments
10.9 Pleuger
10.9.1 Pleuger Company Information, Head Office, Market Area and Industry Position
10.9.2 Pleuger Electric Submersible Pump for Oil & Gas Models, Specifications and Application
10.9.3 Pleuger Electric Submersible Pump for Oil & Gas Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.9.4 Pleuger Company Profile and Main Business
10.9.5 Pleuger Recent Developments
10.10 Canadian Advanced ESP Inc
10.10.1 Canadian Advanced ESP Inc Company Information, Head Office, Market Area and Industry Position
10.10.2 Canadian Advanced ESP Inc Electric Submersible Pump for Oil & Gas Models, Specifications and Application
10.10.3 Canadian Advanced ESP Inc Electric Submersible Pump for Oil & Gas Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.10.4 Canadian Advanced ESP Inc Company Profile and Main Business
10.10.5 Canadian Advanced ESP Inc Recent Developments
10.11 Lishen Pump
10.11.1 Lishen Pump Company Information, Head Office, Market Area and Industry Position
10.11.2 Lishen Pump Electric Submersible Pump for Oil & Gas Models, Specifications and Application
10.11.3 Lishen Pump Electric Submersible Pump for Oil & Gas Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.11.4 Lishen Pump Company Profile and Main Business
10.11.5 Lishen Pump Recent Developments
10.12 Shengli Pump
10.12.1 Shengli Pump Company Information, Head Office, Market Area and Industry Position
10.12.2 Shengli Pump Electric Submersible Pump for Oil & Gas Models, Specifications and Application
10.12.3 Shengli Pump Electric Submersible Pump for Oil & Gas Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.12.4 Shengli Pump Company Profile and Main Business
10.12.5 Shengli Pump Recent Developments
11 Conclusion
12 Appendix
12.1 Research Methodology
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Market Estimation Model
12.4 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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