인공 리프트 시스템 시장 보고서 : 리프트 유형, 유정 유형, 메커니즘, 용도, 지역별(2025-2033년)

The global artificial lift system market size reached USD 24.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 37.0 Billion by 2033, exhibiting a growth rate (CAGR) of 4.52% during 2025-2033. The decline in natural reservoir pressure owing to aging oil and gas wells, rising global energy demand, escalating environmental and cost concerns, and continuous technological advancements in artificial lift systems are some of the major factors propelling the market.

Artificial Lift System Market Analysis:

• Major Market Drivers: The escalating energy demand globally, coupled with the aging oil and gas wells, are stimulating the growth of the artificial lift system. Moreover, environmental considerations are gaining prominence as stricter regulations push the oil and gas industry toward more sustainable practices, further propelling the adoption of artificial lift systems.
• Key Market Trends: The growing focus on maximizing the recovery of existing reserves instead of exploring new sites owing to environmental and cost concerns, is further expected to stimulate the artificial lift system demand. Moreover, geopolitical factors, such as stability in key oil-producing regions, are positively influencing market growth as they allow for sustained investment in extraction technologies, including artificial lift systems.
• Competitive Landscape: Some of the prominent companies in the market include Baker Hughes Company, Borets International Ltd., Canadian Advanced ESP Inc., ChampionX, Dover Corporation, General Electric Company, Halliburton Company, JJ Tech, NOV Inc., Schlumberger Limited, Tenaris S.A. (Techint), and Weatherford International plc., among many others.
• Geographical Trends: According to the artificial lift system market dynamics, North America exhibits a clear dominance in the market. The region, particularly the United States, has been at the forefront of shale oil and gas production. The development of unconventional resources, such as shale gas reserves, requires efficient artificial lift systems to maximize production from horizontal wells and complex reservoirs.
• Challenges and Opportunities: High initial costs and rising environmental concerns are hampering the market growth. However, continuous advancements in materials, sensors, and automation technologies improve system efficiency, reliability, and safety, offering competitive advantages.

Artificial Lift System Market Trends:

Increasing Oil and Gas Production

As global energy demand continues to rise, there is a growing need to maximize production from existing oil and gas wells. For instance, according to the IEA (India Energy Outlook 2021), primary energy demand was predicted to nearly double to 1,100 million tons of oil equivalent. Governments across various economies are also taking initiatives to propel the gas sector. For instance, in February 2024, the Prime Minister of India launched a US$ 67 Billion strategic investment plan for the Indian gas sector for over next 5-6 years. Artificial lift systems help maintain or enhance production rates by overcoming reservoir pressure decline. These factors are further contributing to the artificial lift system market share.

Growing Drilling Activities

As more wells are drilled, particularly in mature fields or unconventional reservoirs (such as shale), there is a growing need for artificial lift systems to optimize production rates and ensure economic viability. For instance, according to Statista, in 2017, an estimated 16,900 oil and gas wells were drilled in the United States, with a total of nearly 22,600 expected by 2022. Moreover, advances in drilling technologies often go hand-in-hand with improvements in artificial lift systems. This synergy drives innovation in artificial lift technologies, making them more efficient, reliable, and cost-effective. These factors are further positively influencing the artificial lift system industry forecast.

Technological Advancements

Modern well control technologies enable more precise monitoring of well conditions, including pressure, temperature, and fluid characteristics. For instance, in October 2023, AIQ and Halliburton partnered with ADNOC to successfully launch RoboWell, an AI-enabled Autonomous Well Control technology, across the energy giant's North East Bab (NEB) site in Abu Dhabi, UAE. This data allows artificial lift systems to operate more efficiently and adaptively, optimizing production rates and reducing downtime. This is further bolstering the artificial lift system market revenue.

Global Artificial Lift System Industry Segmentation:

Breakup by Lift Type:

• Electric Submersible Pumps (ESP)
• Progressing Cavity Pumps (PCP)
• Gas Lift
• Rod Lift
• Hydraulic Pumps
• Others

Electric Submersible Pumps (ESP) dominate the market

According to the artificial lift system market outlook, electric submersible pumps (ESP) offer high volumetric efficiency, capable of handling a wide range of flow rates, from low to exceptionally high. This makes them highly adaptable to various reservoir conditions and operational requirements. Moreover, ESPs are known for their energy efficiency, which leads to lower operating costs over time. The electric operation eliminates the need for surface-level pumping units, thereby reducing both the surface footprint and mechanical losses. Besides this, ESPs are exceptionally versatile and can be employed in different settings, including offshore, onshore, and even in deviated or horizontal wells. This adaptability expands their applicability across a diverse range of reservoirs and geological conditions. For instance, in April 2024, SLB launched two revolutionary artificial lift systems, the Reda Agile compact wide-range electric submersible pump (ESP) system and the rodless Reda PowerEdge electric submersible progressive cavity pump (ESPCP) system, which provide continuous live surveillance and real-time optimization.

Breakup by Well Type:

• Horizontal
• Vertical

Horizontal represents the most popular well type

According to the artificial lift system market overview, horizontal drilling provides a greater contact area with the production reservoir compared to traditional vertical wells. This higher exposure significantly enhances the flow rates of hydrocarbons, making the extraction process more efficient. Furthermore, horizontal wells are particularly effective in the extraction of unconventional resources like shale gas and tight oil formations. They enable the optimization of hydraulic fracturing, a technique often essential for liberating hydrocarbons in these low-permeability reservoirs. Also, horizontal wells offer environmental benefits, as fewer wellheads are required to access the same volume of resources. This reduced surface footprint minimizes the environmental impact and makes land reclamation easier post-production.

Breakup by Mechanism:

• Gas Assisted
• Pump Assisted

Gas assisted mechanism holds the largest share in the market

Gas-assisted lift systems offer unparalleled flexibility in terms of their adaptability to fluctuating well conditions and production rates. They are capable of handling both low and high volumes of liquid, making them suitable for a variety of reservoir scenarios. Apart from this, gas lift systems are particularly efficient for wells that produce a significant amount of associated gas. Utilizing this naturally occurring gas can substantially reduce operational costs and enhance overall system efficiency. Moreover, gas-assisted lifts are relatively easy to install and require fewer mechanical parts compared to other artificial lift methods, such as electric submersible pumps (esps) or rod lifts. This simplicity translates to lower maintenance requirements and operational downtime, further driving down total cost of ownership.

Breakup by Application:

• Offshore
• Onshore

Offshore accounts for the majority of the market share

Offshore reservoirs often contain significant volumes of high-value hydrocarbons, making it economically justifiable to invest in advanced artificial lift technologies to maximize production. These fields generally have a longer production life, which makes the initial investment in artificial lift systems more cost-effective over the long term. The challenging conditions in offshore environments, such as high pressures and corrosive seawater, necessitate the use of robust and reliable artificial lift methods. These systems are engineered to meet the specific demands of offshore operations, ensuring durability and efficiency.

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

North America exhibits a clear dominance in the market

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.

According to the artificial lift system market statistics, North America held the biggest market share since the region has a mature oil and gas industry with a large number of aging wells that require artificial lift systems to maintain production levels. The declining natural pressure in these wells makes the use of artificial lift methods increasingly indispensable for continued operation. Furthermore, North America is a global leader in the extraction of unconventional resources, such as shale gas and tight oil. The extraction of these resources often necessitates the use of advanced artificial lift technologies, thus spurring the demand. The region also boasts strong technological capabilities and infrastructure, which facilitates the development and adoption of innovative artificial lift solutions. Research and development are robust, supported by significant investments from both private and public sectors. For instance, in June 2021, Oil Dynamics GmbH updated two wells for an oilfield operator who wanted to renew and improve pumping equipment at its site near Hannover, Germany. Oil Dynamics changed the wells from Progressive Cavity Pumps (PCPs) to Electric Submersible Pumps (ESPs). Investment in modernizing oil fields is projected to boost industry growth.

Competitive Landscape:

The market is experiencing moderate growth as key players in the artificial lift systems industry are actively engaging in a range of strategic initiatives to consolidate their market positions. They are investing heavily in research and development (R&D) to introduce technologically advanced and more efficient lift systems, aiming to cater to a broader range of well conditions and operational requirements. Collaborations, partnerships, and mergers and acquisitions are also commonplace, as companies seek to expand their product portfolios and geographical reach. Additionally, these industry leaders are increasingly focusing on incorporating digital technologies like real-time monitoring, data analytics, and machine learning to enhance the efficiency and reliability of their artificial lift systems. Through these actions, key players are striving to meet the evolving needs of the oil and gas industry while sustaining a competitive advantage.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

• Baker Hughes Company
• Borets International Ltd.
• Canadian Advanced ESP Inc.
• ChampionX
• Dover Corporation
• General Electric Company
• Halliburton Company
• JJ Tech
• NOV Inc.
• Schlumberger Limited
• Tenaris S.A. (Techint)
• Weatherford International plc

Key Questions Answered in This Report

• 1.How big is the artificial lift system market?
• 2.What is the future outlook of artificial lift system market?
• 3.What are the key factors driving the artificial lift system market?
• 4.Which region accounts for the largest artificial lift system market share?
• 5.Which are the leading companies in the global artificial lift system market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Artificial Lift System Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Lift Type

• 6.1 Electric Submersible Pumps (ESP)
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Progressing Cavity Pumps (PCP)
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Gas Lift
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 Rod Lift
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast
• 6.5 Hydraulic Pumps
  • 6.5.1 Market Trends
  • 6.5.2 Market Forecast
• 6.6 Others
  • 6.6.1 Market Trends
  • 6.6.2 Market Forecast

7 Market Breakup by Well Type

• 7.1 Horizontal
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Vertical
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast

8 Market Breakup by Mechanism

• 8.1 Gas Assisted
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Pump Assisted
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast

9 Market Breakup by Application

• 9.1 Offshore
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 Onshore
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast

10 Market Breakup by Region

• 10.1 North America
  • 10.1.1 United States
    • 10.1.1.1 Market Trends
    • 10.1.1.2 Market Forecast
  • 10.1.2 Canada
    • 10.1.2.1 Market Trends
    • 10.1.2.2 Market Forecast
• 10.2 Asia-Pacific
  • 10.2.1 China
    • 10.2.1.1 Market Trends
    • 10.2.1.2 Market Forecast
  • 10.2.2 Japan
    • 10.2.2.1 Market Trends
    • 10.2.2.2 Market Forecast
  • 10.2.3 India
    • 10.2.3.1 Market Trends
    • 10.2.3.2 Market Forecast
  • 10.2.4 South Korea
    • 10.2.4.1 Market Trends
    • 10.2.4.2 Market Forecast
  • 10.2.5 Australia
    • 10.2.5.1 Market Trends
    • 10.2.5.2 Market Forecast
  • 10.2.6 Indonesia
    • 10.2.6.1 Market Trends
    • 10.2.6.2 Market Forecast
  • 10.2.7 Others
    • 10.2.7.1 Market Trends
    • 10.2.7.2 Market Forecast
• 10.3 Europe
  • 10.3.1 Germany
    • 10.3.1.1 Market Trends
    • 10.3.1.2 Market Forecast
  • 10.3.2 France
    • 10.3.2.1 Market Trends
    • 10.3.2.2 Market Forecast
  • 10.3.3 United Kingdom
    • 10.3.3.1 Market Trends
    • 10.3.3.2 Market Forecast
  • 10.3.4 Italy
    • 10.3.4.1 Market Trends
    • 10.3.4.2 Market Forecast
  • 10.3.5 Spain
    • 10.3.5.1 Market Trends
    • 10.3.5.2 Market Forecast
  • 10.3.6 Russia
    • 10.3.6.1 Market Trends
    • 10.3.6.2 Market Forecast
  • 10.3.7 Others
    • 10.3.7.1 Market Trends
    • 10.3.7.2 Market Forecast
• 10.4 Latin America
  • 10.4.1 Brazil
    • 10.4.1.1 Market Trends
    • 10.4.1.2 Market Forecast
  • 10.4.2 Mexico
    • 10.4.2.1 Market Trends
    • 10.4.2.2 Market Forecast
  • 10.4.3 Others
    • 10.4.3.1 Market Trends
    • 10.4.3.2 Market Forecast
• 10.5 Middle East and Africa
  • 10.5.1 Market Trends
  • 10.5.2 Market Breakup by Country
  • 10.5.3 Market Forecast

11 SWOT Analysis

• 11.1 Overview
• 11.2 Strengths
• 11.3 Weaknesses
• 11.4 Opportunities
• 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

• 13.1 Overview
• 13.2 Bargaining Power of Buyers
• 13.3 Bargaining Power of Suppliers
• 13.4 Degree of Competition
• 13.5 Threat of New Entrants
• 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

• 15.1 Market Structure
• 15.2 Key Players
• 15.3 Profiles of Key Players
  • 15.3.1 Baker Hughes Company
    • 15.3.1.1 Company Overview
    • 15.3.1.2 Product Portfolio
    • 15.3.1.3 Financials
    • 15.3.1.4 SWOT Analysis
  • 15.3.2 Borets International Ltd.
    • 15.3.2.1 Company Overview
    • 15.3.2.2 Product Portfolio
  • 15.3.3 Canadian Advanced ESP Inc.
    • 15.3.3.1 Company Overview
    • 15.3.3.2 Product Portfolio
  • 15.3.4 ChampionX
    • 15.3.4.1 Company Overview
    • 15.3.4.2 Product Portfolio
    • 15.3.4.3 Financials
  • 15.3.5 Dover Corporation
    • 15.3.5.1 Company Overview
    • 15.3.5.2 Product Portfolio
    • 15.3.5.3 Financials
    • 15.3.5.4 SWOT Analysis
  • 15.3.6 General Electric Company
    • 15.3.6.1 Company Overview
    • 15.3.6.2 Product Portfolio
    • 15.3.6.3 Financials
    • 15.3.6.4 SWOT Analysis
  • 15.3.7 Halliburton Company
    • 15.3.7.1 Company Overview
    • 15.3.7.2 Product Portfolio
    • 15.3.7.3 Financials
    • 15.3.7.4 SWOT Analysis
  • 15.3.8 JJ Tech
    • 15.3.8.1 Company Overview
    • 15.3.8.2 Product Portfolio
  • 15.3.9 NOV Inc.
    • 15.3.9.1 Company Overview
    • 15.3.9.2 Product Portfolio
    • 15.3.9.3 Financials
    • 15.3.9.4 SWOT Analysis
  • 15.3.10 Schlumberger Limited
    • 15.3.10.1 Company Overview
    • 15.3.10.2 Product Portfolio
    • 15.3.10.3 Financials
    • 15.3.10.4 SWOT Analysis
  • 15.3.11 Tenaris S.A. (Techint)
    • 15.3.11.1 Company Overview
    • 15.3.11.2 Product Portfolio
    • 15.3.11.3 Financials
  • 15.3.12 Weatherford International plc
    • 15.3.12.1 Company Overview
    • 15.3.12.2 Product Portfolio