COVID-19 Outbreak-Global Subsea Artificial Lift Systems Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020

SKU ID : Maia- 15868011

Publishing Date : 30-Jun-2020

No. of pages : 109


  • Artificial lift refers to the use of manual methods to increase the flow of liquid (eg, crude oil or water) from a production well. Typically, this is achieved by using a mechanical device (called a pump or velocity column) in the well or by injecting gas into the liquid at a distance down the well to reduce the weight of the still water column. A new method called continuous belt transport (CBT) uses oil absorbing belts to extract from edge and idle wells. Artificial lift is required in wells when the pressure in the reservoir is not sufficient to lift the produced fluid to the surface, but is often used in naturally flowing wells (technically not needed) to increase the flow rate above natural flow. Flow rate. The fluid produced can be oil, water or a mixture of oil and water, usually mixed with a quantity of gas.
    The natural decline in reservoir energy will affect the flow of oil, gas or water, resulting in instability and a drop in production. Artificial lifts are used for petroleum-based or liquid-loaded gas systems to increase and stabilize hydrocarbon production and minimize flow assurance and operational risks, such as slugs in subsea production systems. The artificial lifting method transfers energy to the generated fluid in order to reduce fluid density and head pressure or increase flow pressure. The three most commonly used artificial lifting methods in the seabed environment include: gas lift, subsea boost, electric submersible pump.
    Any reservoir of fluid production creates “reservoir pressure”: a certain amount of energy or potential forces the fluid (liquid, gas, or both) into areas of lower energy or potential. This concept is similar to the water pressure in the municipal water supply system. Once the pressure in the production well is reduced below the reservoir pressure, the reservoir acts as a filling well, just like opening a valve on a water system. Depending on the depth of the reservoir and the density of the fluid, the reservoir may or may not have sufficient potential to push the fluid towards the surface - deeper wells or heavier mixtures result in higher pressure requirements.
    The Subsea Artificial Lift Systems market revenue was xx.xx Million USD in 2019, and will reach xx.xx Million USD in 2025, with a CAGR of x.x% during 2020-2025.

    Under COVID-19 outbreak globally, this report provides 360 degrees of analysis from supply chain, import and export control to regional government policy and future influence on the industry. Detailed analysis about market status (2015-2020), enterprise competition pattern, advantages and disadvantages of enterprise products, industry development trends (2020-2025), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included. From raw materials to end users of this industry are analyzed scientifically, the trends of product circulation and sales channel will be presented as well. Considering COVID-19, this report provides comprehensive and in-depth analysis on how the epidemic push this industry transformation and reform.

    In COVID-19 outbreak, Chapter 2.2 of this report provides an analysis of the impact of COVID-19 on the global economy and the Subsea Artificial Lift Systems industry.
    Chapter 3.7 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
    In addition, chapters 7-11 consider the impact of COVID-19 on the regional economy.

    The Subsea Artificial Lift Systems market can be split based on product types, major applications, and important countries as follows:

    Key players in the global Subsea Artificial Lift Systems market covered in Chapter 12:
    Epic Lift Systems
    Flotek Industries
    National Oilwell Varco
    Multi-Chase Group
    Dover Artificial Lift
    United Drilling Tools
    General Electric
    JJ Tech
    Superior Energy Services
    Baker Hughes

    In Chapter 4 and 14.1, on the basis of types, the Subsea Artificial Lift Systems market from 2015 to 2025 is primarily split into:
    Electric Submersible Pump System
    Progressive Cavity Pump System
    Rod Lift

    In Chapter 5 and 14.2, on the basis of applications, the Subsea Artificial Lift Systems market from 2015 to 2025 covers:
    Oil Wells
    Gas Wells

    Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 6, 7, 8, 9, 10, 11, 14:
    North America (Covered in Chapter 7 and 14)
    United States
    Europe (Covered in Chapter 8 and 14)
    Asia-Pacific (Covered in Chapter 9 and 14)
    South Korea
    Southeast Asia
    Middle East and Africa (Covered in Chapter 10 and 14)
    Saudi Arabia
    South Africa
    South America (Covered in Chapter 11 and 14)

    Years considered for this report:

    Historical Years:


    Base Year:


    Estimated Year:


    Forecast Period:


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    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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