The onshore artificial lift systems market size has grown strongly in recent years. It will grow from $10.66 billion in 2024 to $11.57 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to increasing demand for crude oil and natural gas, aging oil fields with declining natural pressure, growing government initiatives and regulations supporting domestic oil and gas production, and growing focus on maximizing oil recovery from mature fields.
The onshore artificial lift systems market size is expected to see strong growth in the next few years. It will grow to $15.82 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to the increasing complexity of reservoirs and well conditions, growing adoption of digitalization and automation in the oil and gas industry, expansion of unconventional oil and gas production, environmental concerns, and regulatory pressures. Major trends in the forecast period include integration of smart monitoring solutions, implementation of digital twin technology, shift towards electrification of onshore artificial lift systems, adoption of remote monitoring and control systems, and integration of onshore artificial lift systems with renewable energy sources.
The onshore artificial lift systems market is poised for growth as a result of the anticipated increase in oil and gas production. This production surge, driven by escalating global energy demands, expanding industrialization, and the discovery of fresh reserves, underscores the critical role of onshore artificial lift systems. These systems play a pivotal role in enhancing production rates and maintaining optimal pressure levels within wells, thus facilitating efficient hydrocarbon extraction from reservoirs. By offsetting natural declines and bolstering recovery rates, onshore artificial lift systems ensure sustained operational effectiveness. Notably, in March 2024, crude oil production in the United States surged to 13,295 barrels per day, marking a 6.68% rise from December 2022 figures. Similarly, natural gas production increased to 128.97 billion cubic feet per day during the same period, highlighting the significant momentum in the sector. Hence, the onshore artificial lift systems market is expected to experience expansion due to the projected rise in oil and gas production.
Key players in the onshore artificial lift systems market are concentrating on developing advanced technologies, such as smart gas lift systems, to optimize gas lift production and reduce operational costs. These systems allow for remote, real-time monitoring and adjustments without the need for well intervention. Smart gas lift systems are cutting-edge artificial lift technologies that use digital controls and automation to fine-tune gas injection rates, improving oil recovery efficiency by dynamically responding to variations in pressure and fluid dynamics. For example, in March 2024, Silverwell Technology, a UK-based provider of digitally intelligent artificial lift systems, introduced the DIAL system for the African market. This advanced gas lift system integrates in-well monitoring with surface analytics, enabling continuous remote production optimization without requiring well intervention. The DIAL system delivers real-time data, allowing engineers to make prompt adjustments, potentially increasing the net present value of wells by up to $50 million over their lifespan, significantly reducing operational costs and boosting productivity.
In July 2022, Baker Hughes Company, a prominent US-based oilfield services provider, bolstered its artificial lift solutions portfolio through the acquisition of AccessESP Holdings Limited. This strategic move aims to fortify Baker Hughes' position in the market by integrating cutting-edge technologies aimed at lowering intervention costs, minimizing downtime, and enhancing operational efficiency for oil and gas operators. AccessESP Holdings Limited, a US-based oil and energy firm specializing in technology and services for oil and gas recovery, brings a wealth of expertise in onshore artificial lift systems to augment Baker Hughes' offerings.
Major companies operating in the onshore artificial lift systems market are General Electric Company, Schlumberger NV, Halliburton Oil Well Cementing Co., Atlas Copco Energas GmbH, Tenaris S.A, Dover Corporation, National Oilwell Varco Inc., Weatherford International plc, Aker Solutions ASA, Alkhorayef Petroleum, Lufkin Industries LLC, Flotek Industries Inc., Haimo Technologies Group Corp., SPOC Automation, Lift Solutions Inc., 3P Services GmbH And Co. KG, Rimera Group, Linc Energy Systems, World Oil Tools Inc., Torqueflow Sydex Ltd., PetroLift Systems Inc., Oil Dynamics GmbH, Upwing Energy Inc., Elkam.
North America was the largest region in the onshore artificial lift systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the onshore artificial lift systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the onshore artificial lift systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The onshore artificial lift systems market consists of sales of plunger lift systems, sucker rods, hydraulic jet pumps, downhole pumps, gas separators, and plunger lift controllers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
Onshore artificial lift systems are utilized in oil and gas production to optimize the flow of hydrocarbons from wells to the surface, thereby overcoming natural pressure declines in reservoirs and ensuring efficient extraction. These systems are instrumental in maintaining production rates and prolonging the economic viability of onshore wells.
The primary technologies employed in onshore artificial lift systems include rod lifts, electrical submersible pumps, progressive cavity pumps, gas lifts, hydraulic pumps, and other related methods. Rod lift, for instance, utilizes a series of connected rods to mechanically raise fluid from a wellbore to the surface. These lifts utilize various mechanisms, such as pump-assisted and gas-assisted techniques, and find extensive use in both oil and gas applications.
The onshore artificial lift systems market research report is one of a series of new reports that provides onshore artificial lift systems market statistics, including onshore artificial lift systems industry global market size, regional shares, competitors with a onshore artificial lift systems market share, detailed onshore artificial lift systems market segments, market trends and opportunities, and any further data you may need to thrive in the onshore artificial lift systems industry. This onshore artificial lift systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Onshore Artificial Lift Systems Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on onshore artificial lift systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for onshore artificial lift systems? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The onshore artificial lift systems market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Technology: Rod Lift; Electrical Submersible Pump; Progressive Cavity Pump; Gas Lift; Hydraulic Pumps; Other Technologies2) By Mechanism: Pump Assisted; Gas Assisted
3) By Application: Oil; Gas
Subsegments:
1) By Rod Lift: Conventional Rod Pumps; High-Efficiency Rod Pumps; Dual Pump Systems2) By Electrical Submersible Pump: Standard ESP Systems; High-Temperature ESP Systems; Variable-Speed ESP Systems
3) By Progressive Cavity Pump: Standard PCP Systems; High-Performance PCP Systems; Slim-Hole PCP Systems
4) By Gas Lift: Continuous Gas Lift Systems; Intermittent Gas Lift Systems; Assisted Gas Lift Systems
5) By Hydraulic Pumps: Surface-Mounted Hydraulic Pumps; Subsurface Hydraulic Pumps
6) By Other Technologies: Plunger Lift Systems; Electro-Hydraulic Systems; Pump Jack Systems
Key Companies Mentioned: General Electric Company; Schlumberger NV; Halliburton Oil Well Cementing Co.; Atlas Copco Energas GmbH; Tenaris S.A
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Onshore Artificial Lift Systems market report include:- General Electric Company
- Schlumberger NV
- Halliburton Oil Well Cementing Co.
- Atlas Copco Energas GmbH
- Tenaris S.A
- Dover Corporation
- National Oilwell Varco Inc.
- Weatherford International plc
- Aker Solutions ASA
- Alkhorayef Petroleum
- Lufkin Industries LLC
- Flotek Industries Inc.
- Haimo Technologies Group Corp.
- SPOC Automation
- Lift Solutions Inc.
- 3P Services GmbH And Co. KG
- Rimera Group
- Linc Energy Systems
- World Oil Tools Inc.
- Torqueflow Sydex Ltd.
- PetroLift Systems Inc.
- Oil Dynamics GmbH
- Upwing Energy Inc.
- Elkam
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 11.57 Billion |
Forecasted Market Value ( USD | $ 15.82 Billion |
Compound Annual Growth Rate | 8.1% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |