Market Overview:
The global oil & gas plunger lifts market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The plungers are used for lifting fluids from a wellbore, and they come in different types such as single pad plunger type and dual pad plunger type. The single pad plunger type dominates the market with a larger share owing to its low cost and easy installation. However, the dual pad plunger type is expected to grow at a higher rate during the forecast period due to its ability to handle high pressure applications without any damage. Based on application, the oil & gas plungers lift market can be segmented into gas wells, oil wells, and others (including water injection wells). Gas well applications dominate the market with highest share followed by oil well applications. This can be attributed to increasing demand for natural gas across various regions coupled with rising investments in exploration & production activities of crude oil worldwide.
Product Definition:
A plunger lift is a device used to raise and lower tubing in an oil or gas well. It consists of a metal tube with a plunger on the bottom that can be raised and lowered by means of a cable. The use of plunger lifts allows for the controlled placement of tubing in the well, which can improve production.
Single PadPlunger Type:
Single padplunger type is used in oil & gas sector for removing water from the well. It’s a mechanical device that consists of a series of discs or plates attached to a spindle by means of rubber or metal bands. The single padplunger lifts the heavy weight material and drops it into another container which holds the discharged water.
The global oil & gas plunger lifts market was valued at USD 1,37,848 thousand in 2016.
DualPadPlunger Type:
The dual pad plunger type is used in oil & gas plungers lifts. It consists of two metal plates joined by a flexible rubber membrane which forms the seal between them. The pressure on the push button causes this membrane to deform and create an airtight seal, thus making it necessary for any liquid or gas to pass through the opening.
Application Insights:
The gas well application segment led the global oil & gas plunger lifts market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing production of natural gas from shale reserves worldwide, particularly in countries such as Russia, China, Argentina and Australia.
Increasing demand for crude oil products for industrial use has resulted in growing exploration activities for new sources of hydrocarbons worldwide especially in Saudi Arabia Canada Mexico Venezuela Brazil Colombia and U.S., which are estimated to drive product demand over the coming years. Uranium Corporation Of India Ltd., Ophir Energy Ltd.
Regional Analysis:
North America dominated the global market in 2017. The U.S., being a major oil and gas producer, is home to most of the oil and gas producing companies in North America. Thus, it accounted for more than 80% share of the total revenue generated by region in 2017.
Growth Factors:
- Increasing demand for oil and gas from developing countries
- Rising investment in the oil and gas sector
- Technological advancements in plunger lifts systems
- Growing number of drilling activities for exploration of new reserves
- Increasing use of plunger lifts in unconventional reservoirs
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil & Gas Plunger Lifts Market Research Report
By Type
Single PadPlunger Type, DualPadPlunger Type
By Application
Gas Well, Oil Well, Others
By Companies
GE Oil & Gas, National Oilwell Varco, Weatherford Plc, Halliburton, Dover Corp., Schlumberger Limited, Tenaris and J J Tech., Man Diesel & Turbo SE, Ebara Corporation, Mitsubishi Heavy Industries Compressor Corporation, Atlas Copco Energas GmbH, Solar Turbine Inc., Burckhardt Compression Holding AG, Ariel Corporation, Neuman & Esser Group, Hitachi, Ltd, Integrated Production Services (IPS), Patriot Artificial Lift, Epic Lift Systems, Tri-Lift, Apergy, Production Lift Companies, Weatherford International, Priority Artificial Lift Services，LLC, Endurance Lift, Well Master Corp, Hy-Bon Engineering (EDI)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Oil & Gas Plunger Lifts Market Report Segments:
The global Oil & Gas Plunger Lifts market is segmented on the basis of:
Types
Single PadPlunger Type, DualPadPlunger Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Gas Well, Oil Well, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE Oil & Gas
- National Oilwell Varco
- Weatherford Plc
- Halliburton
- Dover Corp.
- Schlumberger Limited
- Tenaris and J J Tech.
- Man Diesel & Turbo SE
- Ebara Corporation
- Mitsubishi Heavy Industries Compressor Corporation
- Atlas Copco Energas GmbH
- Solar Turbine Inc.
- Burckhardt Compression Holding AG
- Ariel Corporation
- Neuman & Esser Group
- Hitachi, Ltd
- Integrated Production Services (IPS)
- Patriot Artificial Lift
- Epic Lift Systems
- Tri-Lift
- Apergy
- Production Lift Companies
- Weatherford International
- Priority Artificial Lift Services，LLC
- Endurance Lift
- Well Master Corp
- Hy-Bon Engineering (EDI)
Highlights of The Oil & Gas Plunger Lifts Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single PadPlunger Type
- DualPadPlunger Type
- By Application:
- Gas Well
- Oil Well
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Oil & Gas Plunger Lifts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Oil & Gas Plunger Lifts are a type of hydraulic lift that are used to move heavy objects up and down in wells. They work by using a plunger-like mechanism to push and pull the object, which in turn moves the wellbore equipment up or down.
Some of the major players in the oil & gas plunger lifts market are GE Oil & Gas, National Oilwell Varco, Weatherford Plc, Halliburton, Dover Corp., Schlumberger Limited, Tenaris and J J Tech., Man Diesel & Turbo SE, Ebara Corporation, Mitsubishi Heavy Industries Compressor Corporation, Atlas Copco Energas GmbH, Solar Turbine Inc., Burckhardt Compression Holding AG, Ariel Corporation, Neuman & Esser Group, Hitachi, Ltd, Integrated Production Services (IPS), Patriot Artificial Lift, Epic Lift Systems, Tri-Lift, Apergy, Production Lift Companies, Weatherford International, Priority Artificial Lift Services，LLC, Endurance Lift, Well Master Corp, Hy-Bon Engineering (EDI).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Oil & Gas Plunger Lifts Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Oil & Gas Plunger Lifts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Oil & Gas Plunger Lifts Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Oil & Gas Plunger Lifts Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Oil & Gas Plunger Lifts Market Size & Forecast, 2018-2028
4.5.1 Oil & Gas Plunger Lifts Market Size and Y-o-Y Growth
4.5.2 Oil & Gas Plunger Lifts Market Absolute $ Opportunity
Chapter 5 Global Oil & Gas Plunger Lifts Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Oil & Gas Plunger Lifts Market Size Forecast by Type
5.2.1 Single PadPlunger Type
5.2.2 DualPadPlunger Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Oil & Gas Plunger Lifts Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Oil & Gas Plunger Lifts Market Size Forecast by Applications
6.2.1 Gas Well
6.2.2 Oil Well
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oil & Gas Plunger Lifts Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Oil & Gas Plunger Lifts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Oil & Gas Plunger Lifts Analysis and Forecast
9.1 Introduction
9.2 North America Oil & Gas Plunger Lifts Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Oil & Gas Plunger Lifts Market Size Forecast by Type
9.6.1 Single PadPlunger Type
9.6.2 DualPadPlunger Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Oil & Gas Plunger Lifts Market Size Forecast by Applications
9.10.1 Gas Well
9.10.2 Oil Well
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Oil & Gas Plunger Lifts Analysis and Forecast
10.1 Introduction
10.2 Europe Oil & Gas Plunger Lifts Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Oil & Gas Plunger Lifts Market Size Forecast by Type
10.6.1 Single PadPlunger Type
10.6.2 DualPadPlunger Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Oil & Gas Plunger Lifts Market Size Forecast by Applications
10.10.1 Gas Well
10.10.2 Oil Well
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Oil & Gas Plunger Lifts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Oil & Gas Plunger Lifts Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Oil & Gas Plunger Lifts Market Size Forecast by Type
11.6.1 Single PadPlunger Type
11.6.2 DualPadPlunger Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Oil & Gas Plunger Lifts Market Size Forecast by Applications
11.10.1 Gas Well
11.10.2 Oil Well
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Oil & Gas Plunger Lifts Analysis and Forecast
12.1 Introduction
12.2 Latin America Oil & Gas Plunger Lifts Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Oil & Gas Plunger Lifts Market Size Forecast by Type
12.6.1 Single PadPlunger Type
12.6.2 DualPadPlunger Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Oil & Gas Plunger Lifts Market Size Forecast by Applications
12.10.1 Gas Well
12.10.2 Oil Well
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Oil & Gas Plunger Lifts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Oil & Gas Plunger Lifts Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Oil & Gas Plunger Lifts Market Size Forecast by Type
13.6.1 Single PadPlunger Type
13.6.2 DualPadPlunger Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Oil & Gas Plunger Lifts Market Size Forecast by Applications
13.10.1 Gas Well
13.10.2 Oil Well
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Oil & Gas Plunger Lifts Market: Competitive Dashboard
14.2 Global Oil & Gas Plunger Lifts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Oil & Gas
14.3.2 National Oilwell Varco
14.3.3 Weatherford Plc
14.3.4 Halliburton
14.3.5 Dover Corp.
14.3.6 Schlumberger Limited
14.3.7 Tenaris and J J Tech.
14.3.8 Man Diesel & Turbo SE
14.3.9 Ebara Corporation
14.3.10 Mitsubishi Heavy Industries Compressor Corporation
14.3.11 Atlas Copco Energas GmbH
14.3.12 Solar Turbine Inc.
14.3.13 Burckhardt Compression Holding AG
14.3.14 Ariel Corporation
14.3.15 Neuman & Esser Group
14.3.16 Hitachi, Ltd
14.3.17 Integrated Production Services (IPS)
14.3.18 Patriot Artificial Lift
14.3.19 Epic Lift Systems
14.3.20 Tri-Lift
14.3.21 Apergy
14.3.22 Production Lift Companies
14.3.23 Weatherford International
14.3.24 Priority Artificial Lift Services，LLC
14.3.25 Endurance Lift
14.3.26 Well Master Corp
14.3.27 Hy-Bon Engineering (EDI)
