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Oil Price Recovery will Drive the Market in the Short Term and Digital Transformation will Disrupt the Market in the Long Term
04-Apr-2018
North America
Market Research
K21E-01-00-00-00
IA01468-GL-MR_21678
The oil price crash had sparked economic turmoil and shaken the entire oil and gas industry value chain. Pump manufacturers were severely impacted during the price rout. As the oil price is expected to range between $60 and $70 for the year, there is increased optimism in the market. This is expected to drive a large amount of activities, especially in the upstream segment.
The aim of this private market engineering research is to evaluate the opportunities for pumps (centrifugal and positive displacement pumps) across the global oil and gas industry, assessing various trends in each regions across the globe during the study period, based on usage in the upstream, midstream, and downstream segments.
Research Scope
Regions—North America, Europe, the Middle East and Africa, Asia-Pacific, and Latin America
Product Technology—centrifugal pumps (single-stage, multi-stage, axial and mixed flow, submersible, seal-less, and circulator); positive displacement pumps (diaphragm, piston, lobe, gear, progressive cavity, screw, vane, and peristaltic)
End-user Industries—oil and gas (upstream, midstream, and downstream)
Research Highlights
This research covers the growth opportunities for the process equipment pump companies worldwide and covers topics on how the changing landscape and evolving end-user requirements are driving the need for the adoption of pumps that are smarter and succinctly address every challenge and issue that customers face. The study also brings to light how, as economies recover and export markets are restored, the growth rate for various end-user segments in the various regions is expected to witness a gradual increase in terms of revenues and unit shipment size. Digital transformation caused by convergence of industry forces is driving unprecedented change. Data is the new currency, and there is demand from end users to generate and mine the data to convert it into actionable insights. This will be transforming the market, which is poised to experience strong growth in the next few years.
This research study brings out the latest trends in terms of industry, economy, and technology across several end-user industries for centrifugal pumps and its product types.
Key Issues Addressed
- Is the market growing? How long will it continue to grow and at what rate?
- Are existing competitors structured well to meet customer needs?
- Will these companies/products/services continue to exist, or will they get acquired by other companies?
- Will the products/services become features in other markets?
- How will the structure of the market change with time? Is it ripe for acquisitions?
- Are the products/services offered today meeting customer needs, or is additional development needed?
Key Conclusion
The study concludes with an analysis of forecast growth trends of the process equipment market for the forecast period.
Key Findings
Market Engineering Measurements
CEO’s Perspective
Research Scope
Segmentation
Distribution Channels
List of Abbreviations
Market Drivers
Market Restraints
Total Pumps Market in the Oil and Gas Industry—Market Engineering Measurements
Total Pumps Market in the Oil and Gas Industry—Revenue Forecast
Total Pumps Market in the Oil and Gas Industry—Revenue Forecast by Application
Total Pumps Market in the Oil and Gas Industry—Percent Revenue Forecast by Region
Total Pumps Market in the Oil and Gas Industry—Revenue Forecast by Region
Total Pumps Market in the Oil and Gas Industry—Percent Revenue Forecast by Distribution Channel
Total Pumps Market in the Oil and Gas Industry—Technology Trends
Competitive Analysis—Market Share
Market Share Analysis
Competitive Environment
Top Competitors
Competitive Factors and Assessment
Growth Opportunity 1—Energy Efficiency at the Forefront
Growth Opportunity 2—Industrial Internet of Things (IIoT)
Growth Opportunity 3—Changing Market Dynamics
Growth Opportunity 4—Market Positioning
Strategic Imperatives for Success and Growth
Impact of Mega Trends on the Pumps Market in the Oil and Gas Industry
Mega Trend Impact on the Pumps Market in the Oil and Gas Industry
CEO’s 360 Degree Perspective
Centrifugal Pumps Segment—Key Findings
Centrifugal Pumps Segment—Market Engineering Measurements
Centrifugal Pumps Segment—Revenue Forecast
Centrifugal Pumps Segment—Percent Revenue by Pump Type
PD Pumps Segment—Key Findings
PD Pumps Segment—Market Engineering Measurements
PD Pumps Segment—Revenue Forecast
PD Pumps Segment—Percent Revenue by Pump Type
North America—Key Findings
North America—Revenue Forecast
North America—Percent Revenue by Application
Europe—Key Findings
Europe—Revenue Forecast
Europe—Percent Revenue by Application
MEA—Key Findings
MEA—Revenue Forecast
MEA—Percent Revenue by Application
APAC—Key Findings
APAC—Revenue Forecast
APAC—Percent Revenue by Application
LATAM—Key Findings
LATAM—Revenue Forecast
LATAM—Percent Revenue by Application
The Last Word—3 Big Predictions
Legal Disclaimer
Market Engineering Methodology
Additional Sources of Information on Study Topic
List of Other Market Participants
List of Exhibits
List of Figures
- 1. Total Pumps Market in the Oil and Gas Industry: Key Market Drivers, Global, 2018–2024
- 2. Total Pumps Market in the Oil and Gas Industry: Key Market Restraints, Global, 2018–2024
- 3. Total Pumps Market in the Oil and Gas Industry: Market Engineering Measurements, Global, 2017
- 4. Total Pumps Market in the Oil and Gas Industry: Revenue Forecast by Region, Global, 2014–2024
- 5. Total Pumps Market in the Oil and Gas Industry: Company Market Share Analysis of Key Participants, Global, 2017
- 6. Total Pumps Market in the Oil and Gas Industry: Competitive Structure, Global, 2017
- 7. Total Pumps Market in the Oil and Gas Industry: Mega Trend Impact, Global, 2017
- 8. Total Pumps Market in the Oil and Gas Industry: CEO’s 360 Degree Perspective, Global, 2017
- 9. Centrifugal Pumps Segment: Market Engineering Measurements, Global, 2017
- 10. PD Pumps Segment: Market Engineering Measurements, Global, 2017
- 11. Pumps Market in the Oil and Gas Industry: Percent Growth in Real GDP, North America, 2014–2022
- 12. Pumps Market in the Oil and Gas Industry: Energy Production, North America, 2014–2021
- 13. Pumps Market in the Oil and Gas Industry: Percent Growth in Real GDP, Select Countries in Europe, 2014–2022
- 14. Pumps Market in the Oil and Gas Industry: Energy Production, Select Countries in Europe, 2014–2021
- 15. Pumps Market in the Oil and Gas Industry: Percent Growth in Real GDP, Select Countries in MEA, 2014–2022
- 16. Pumps Market in the Oil and Gas Industry: Energy Production, Select Countries in MEA, 2014–2021
- 17. Pumps Market in the Oil and Gas Industry: Percent Growth in Real GDP, Select Countries in APAC, 2014–2022
- 18. Pumps Market in the Oil and Gas Industry: Energy Production, Select Countries in APAC, 2014–2021
- 19. Pumps Market in the Oil and Gas Industry: Percent Growth in Real GDP, Select Countries in LATAM, 2014–2022
- 20. Pumps Market in the Oil and Gas Industry: Energy Production, Select Countries in LATAM, 2014–2021
List of Charts
- 1. Total Pumps Market in the Oil and Gas Industry: Market Engineering Measurements, Global, 2017
- 2. Total Pumps Market in the Oil and Gas Industry: Percent Sales Breakdown, Global, 2017
- 3. Total Pumps Market in the Oil and Gas Industry: Market Segmentation, Global, 2017
- 4. Total Pumps Market in the Oil and Gas Industry: Distribution Channel Analysis, Global, 2017
- 5. Total Pumps Market in the Oil and Gas Industry: Revenue Forecast, Global, 2014–2024
- 6. Total Pumps Market in the Oil and Gas Industry: Revenue Forecast by Application, Global, 2014–2024
- 7. Total Pumps Market in the Oil and Gas Industry: Crude Oil Demand and Supply, Global, 2014–2019
- 8. Total Pumps Market in the Oil and Gas Industry: Brent Spot Crude Oil Price Forecast, Global, 2014–2024
- 9. Total Pumps Market in the Oil and Gas Industry: CAPEX Investment, Global, 2014–2018
- 10. Total Pumps Market in the Oil and Gas Industry: Percent Revenue Forecast by Region, 2014–2024
- 11. Total Pumps Market in the Oil and Gas Industry: Percent Revenue Forecast by Distribution Channel, Global, 2014–2024
- 12. Artificial Lifts Market, Revenue, Global, 2017
- 13. Total Pumps Market in the Oil and Gas Industry: Percent Revenue Breakdown, Global, 2017
- 14. Total Pumps Market in the Oil and Gas Industry: Top Competitors, Global, 2015–2018
- 15. Centrifugal Pumps Segment: Percent Revenue Breakdown, Global, 2017
- 16. Centrifugal Pumps Segment: Revenue Forecast, Global, 2014–2024
- 17. Centrifugal Pumps Segment: Percent Revenue by Pump Type, Global, 2017
- 18. PD Pumps Segment: Percent Revenue Breakdown, Global, 2017
- 19. PD Pumps Segment: Revenue Forecast, Global, 2014–2024
- 20. PD Pumps Segment: Percent Revenue by Pump Type, Global, 2017
- 21. Pumps Market in the Oil and Gas Industry: Revenue Forecast, North America, 2014–2024
- 22. Pumps Market in the Oil and Gas Industry: Percent Revenue by Application, North America, 2017
- 23. Pumps Market in the Oil and Gas Industry: Revenue Forecast, Europe, 2014–2024
- 24. Pumps Market in the Oil and Gas Industry: Percent Revenue by Application, Europe, 2017
- 25. Pumps Market in the Oil and Gas Industry: Revenue Forecast, MEA, 2014–2024
- 26. Pumps Market in the Oil and Gas Industry: Percent Revenue by Application, MEA, 2017
- 27. Pumps Market in the Oil and Gas Industry: Revenue Forecast, APAC, 2014–2024
- 28. Pumps Market in the Oil and Gas Industry: Percent Revenue by Application, APAC, 2017
- 29. Pumps Market in the Oil and Gas Industry: Revenue Forecast, LATAM, 2014–2024
- 30. Pumps Market in the Oil and Gas Industry: Percent Revenue by Application, LATAM, 2017
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Research Scope
Regions—North America, Europe, the Middle East and Africa, Asia-Pacific, and Latin America
Product Technology—centrifugal pumps (single-stage, multi-stage, axial and mixed flow, submersible, seal-less, and circulator); positive displacement pumps (diaphragm, piston, lobe, gear, progressive cavity, screw, vane, and peristaltic)
End-user Industries—oil and gas (upstream, midstream, and downstream)
Research Highlights
This research covers the growth opportunities for the process equipment pump companies worldwide and covers topics on how the changing landscape and evolving end-user requirements are driving the need for the adoption of pumps that are smarter and succinctly address every challenge and issue that customers face. The study also brings to light how, as economies recover and export markets are restored, the growth rate for various end-user segments in the various regions is expected to witness a gradual increase in terms of revenues and unit shipment size. Digital transformation caused by convergence of industry forces is driving unprecedented change. Data is the new currency, and there is demand from end users to generate and mine the data to
| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Table of Contents | | Executive Summary~ || Key Findings~ || Market Engineering Measurements~ || CEO’s Perspective~ | Market Overview~ || Research Scope~ || Segmentation~ || Distribution Channels~ || List of Abbreviations~ | External Challenges—Drivers and Restraints: Total Pumps Market in the Oil and Gas Industry~ || Market Drivers~ || Market Restraints~ | Forecast and Trends—Total Pumps Market in the Oil and Gas Industry~ || Total Pumps Market in the Oil and Gas Industry—Market Engineering Measurements~ || Total Pumps Market in the Oil and Gas Industry—Revenue Forecast~ || Total Pumps Market in the Oil and Gas Industry—Revenue Forecast by Application~ || Total Pumps Market in the Oil and Gas Industry—Percent Revenue Forecast by Region~ || Total Pumps Market in the Oil and Gas Industry—Revenue Forecast by Region~ || Total Pumps Market in the Oil and Gas Industry—Percent Revenue Forecast by Distribution Channel~ | Technology Trends~ || Total Pumps Market in the Oil and Gas Industry—Technology Trends~ | Market Share and Competitive Analysis—Total Pumps Market in the Oil and Gas Industry~ || Competitive Analysis—Market Share~ || Market Share Analysis~ || Competitive Environment~ || Top Competitors~ || Competitive Factors and Assessment~ | Growth Opportunities and Companies to Action~ || Growth Opportunity 1—Energy Efficiency at the Forefront~ || Growth Opportunity 2—Industrial Internet of Things (IIoT)~ || Growth Opportunity 3—Changing Market Dynamics~ || Growth Opportunity 4—Market Positioning~ || Strategic Imperatives for Success and Growth~ | Mega Trends and Industry Convergence Implications—Total Pumps Market in the Oil and Gas Industry~ || Impact of Mega Trends on the Pumps Market in the Oil and Gas Industry~ || Mega Trend Impact on the Pumps Market in the Oil and Gas Industry ~ | CEO’s 360 Degree Perspective on the Total Pumps Market in the Oil and Gas Industry~ || CEO’s 360 Degree Perspective~ | Centrifugal Pumps Segment Breakdown~ || Centrifugal Pumps Segment—Key Findings~ || Centrifugal Pumps Segment—Market Engineering Measurements~ || Centrifugal Pumps Segment—Revenue Forecast~ || Centrifugal Pumps Segment—Percent Revenue by Pump Type~ | Positive Displacement Pumps Segment Breakdown~ || PD Pumps Segment—Key Findings~ || PD Pumps Segment—Market Engineering Measurements~ || PD Pumps Segment—Revenue Forecast~ || PD Pumps Segment—Percent Revenue by Pump Type~ | North America Breakdown~ || North America—Key Findings~ || North America—Revenue Forecast~ || North America—Percent Revenue by Application~ | Europe Breakdown~ || Europe—Key Findings~ || Europe—Revenue Forecast~ || Europe—Percent Revenue by Application~ | Middle East and Africa Breakdown~ || MEA—Key Findings~ || MEA—Revenue Forecast~ || MEA—Percent Revenue by Application~ | Asia-Pacific Breakdown~ || APAC—Key Findings~ || APAC—Revenue Forecast~ || APAC—Percent Revenue by Application~ | Latin America Breakdown~ || LATAM—Key Findings~ || LATAM—Revenue Forecast~ || LATAM—Percent Revenue by Application~ | The Last Word~ || The Last Word—3 Big Predictions~ || Legal Disclaimer~ | Appendix~ || Market Engineering Methodology~ || Additional Sources of Information on Study Topic~ || List of Other Market Participants~ || List of Exhibits~ |
| List of Charts and Figures | 1. Total Pumps Market in the Oil and Gas Industry: Key Market Drivers, Global, 2018–2024~ 2. Total Pumps Market in the Oil and Gas Industry: Key Market Restraints, Global, 2018–2024~ 3. Total Pumps Market in the Oil and Gas Industry: Market Engineering Measurements, Global, 2017~ 4. Total Pumps Market in the Oil and Gas Industry: Revenue Forecast by Region, Global, 2014–2024~ 5. Total Pumps Market in the Oil and Gas Industry: Company Market Share Analysis of Key Participants, Global, 2017~ 6. Total Pumps Market in the Oil and Gas Industry: Competitive Structure, Global, 2017~ 7. Total Pumps Market in the Oil and Gas Industry: Mega Trend Impact, Global, 2017~ 8. Total Pumps Market in the Oil and Gas Industry: CEO’s 360 Degree Perspective, Global, 2017~ 9. Centrifugal Pumps Segment: Market Engineering Measurements, Global, 2017~ 10. PD Pumps Segment: Market Engineering Measurements, Global, 2017~ 11. Pumps Market in the Oil and Gas Industry: Percent Growth in Real GDP, North America, 2014–2022~ 12. Pumps Market in the Oil and Gas Industry: Energy Production, North America, 2014–2021~ 13. Pumps Market in the Oil and Gas Industry: Percent Growth in Real GDP, Select Countries in Europe, 2014–2022~ 14. Pumps Market in the Oil and Gas Industry: Energy Production, Select Countries in Europe, 2014–2021~ 15. Pumps Market in the Oil and Gas Industry: Percent Growth in Real GDP, Select Countries in MEA, 2014–2022~ 16. Pumps Market in the Oil and Gas Industry: Energy Production, Select Countries in MEA, 2014–2021~ 17. Pumps Market in the Oil and Gas Industry: Percent Growth in Real GDP, Select Countries in APAC, 2014–2022~ 18. Pumps Market in the Oil and Gas Industry: Energy Production, Select Countries in APAC, 2014–2021~ 19. Pumps Market in the Oil and Gas Industry: Percent Growth in Real GDP, Select Countries in LATAM, 2014–2022~ 20. Pumps Market in the Oil and Gas Industry: Energy Production, Select Countries in LATAM, 2014–2021~| 1. Total Pumps Market in the Oil and Gas Industry: Market Engineering Measurements, Global, 2017~ 2. Total Pumps Market in the Oil and Gas Industry: Percent Sales Breakdown, Global, 2017~ 3. Total Pumps Market in the Oil and Gas Industry: Market Segmentation, Global, 2017~ 4. Total Pumps Market in the Oil and Gas Industry: Distribution Channel Analysis, Global, 2017~ 5. Total Pumps Market in the Oil and Gas Industry: Revenue Forecast, Global, 2014–2024~ 6. Total Pumps Market in the Oil and Gas Industry: Revenue Forecast by Application, Global, 2014–2024~ 7. Total Pumps Market in the Oil and Gas Industry: Crude Oil Demand and Supply, Global, 2014–2019~ 8. Total Pumps Market in the Oil and Gas Industry: Brent Spot Crude Oil Price Forecast, Global, 2014–2024~ 9. Total Pumps Market in the Oil and Gas Industry: CAPEX Investment, Global, 2014–2018~ 10. Total Pumps Market in the Oil and Gas Industry: Percent Revenue Forecast by Region, 2014–2024~ 11. Total Pumps Market in the Oil and Gas Industry: Percent Revenue Forecast by Distribution Channel, Global, 2014–2024~ 12. Artificial Lifts Market, Revenue, Global, 2017~ 13. Total Pumps Market in the Oil and Gas Industry: Percent Revenue Breakdown, Global, 2017~ 14. Total Pumps Market in the Oil and Gas Industry: Top Competitors, Global, 2015–2018~ 15. Centrifugal Pumps Segment: Percent Revenue Breakdown, Global, 2017~ 16. Centrifugal Pumps Segment: Revenue Forecast, Global, 2014–2024~ 17. Centrifugal Pumps Segment: Percent Revenue by Pump Type, Global, 2017~ 18. PD Pumps Segment: Percent Revenue Breakdown, Global, 2017~ 19. PD Pumps Segment: Revenue Forecast, Global, 2014–2024~ 20. PD Pumps Segment: Percent Revenue by Pump Type, Global, 2017~ 21. Pumps Market in the Oil and Gas Industry: Revenue Forecast, North America, 2014–2024~ 22. Pumps Market in the Oil and Gas Industry: Percent Revenue by Application, North America, 2017~ 23. Pumps Market in the Oil and Gas Industry: Revenue Forecast, Europe, 2014–2024~ 24. Pumps Market in the Oil and Gas Industry: Percent Revenue by Application, Europe, 2017~ 25. Pumps Market in the Oil and Gas Industry: Revenue Forecast, MEA, 2014–2024~ 26. Pumps Market in the Oil and Gas Industry: Percent Revenue by Application, MEA, 2017~ 27. Pumps Market in the Oil and Gas Industry: Revenue Forecast, APAC, 2014–2024~ 28. Pumps Market in the Oil and Gas Industry: Percent Revenue by Application, APAC, 2017~ 29. Pumps Market in the Oil and Gas Industry: Revenue Forecast, LATAM, 2014–2024~ 30. Pumps Market in the Oil and Gas Industry: Percent Revenue by Application, LATAM, 2017~ |
| Author | Anand Gnanamoorthy |
| Industries | Industrial Automation |
| WIP Number | K21E-01-00-00-00 |
| Keyword 1 | Cloud Communications |
| Keyword 2 | Contact Center |
| Is Prebook | No |
| GPS Codes | 9415-X1,9420,9593,9822-A5,99EA-A5,99F1-A5 |
Global Pumps Market in the Oil and Gas Industry, Forecast to 2024
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