Global Electric Submersible Pump Sales Market Report 2021

SKU ID : QYR- 17340612

Publishing Date : 08-Feb-2021

No. of pages : 139

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  • Electrical Submersible Pumps (ESP) are one of the most reliable and efficient ways to lift fluids to the surface, both oil and water. As the name suggests, it is submerged into the reservoir fluids and pushes the fluid to the surface. The ESP pumps can be designed to handle fluids of up to 60,000 b/d and cover various well conditions and production profiles, and generally a low cost solution for high volumes of lifting.

    Submersible pump to fundamentally eliminate the phenomenon of air resistance, the use of positive pressure push the principle of a fundamental solution to the high-temperature environment, high-lift, long-range conditions, pipeline pump, volumetric pumps, vane pumps and other negative work principle of the electric pump cannot solve the problem (such as less oil, not even the drawbacks of oil).
    North America and China, is the main production base of Electric Submersible Pump, key manufacturers: Schlumberger, Borets, General Electric, Baker Hughes, etc. The Sales of Electric Submersible Pump was 22962 units in 2015, of which 47.83% is produced in USA and Russia.

    Market Analysis and Insights: Global Electric Submersible Pump Market
    The global Electric Submersible Pump market was valued at US$ 3023 in 2020 and will reach US$ 4850.6 million by the end of 2027, growing at a CAGR of 8.2% during 2022-2027.

    Global Electric Submersible Pump Scope and Market Size
    The global Electric Submersible Pump market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Electric Submersible Pump market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

    Segment by Type
    Low Temperature ESP
    High Temperature ESP

    Segment by Application
    Onshore
    Offshore

    The Electric Submersible Pump market is analysed and market size information is provided by regions (countries). Segment by Application, the Electric Submersible Pump market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

    By Company
    Schlumberger
    Borets Company
    General Electric
    GE (Baker Hughes)
    Halliburton
    Canadian Advanced ESP
    Lvpai
    Lishen Pump
    Shengli Pump

    Frequently Asked Questions



    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.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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