Report Summary
Summary
A pump jack is a device used in the petroleum industry to extract crude oil from a oil well where there is not high enough pressure in the well to force the oil to the surface. These pump jacks physically extract the oil for use.
The use of pump jack is limited to onshore application with very less use in offshore application, due to large space footprint. Onshore fields offer the requisite surface area and well spacing for the installation of pump jacks. Moreover, onshore fields allow for easy maintenance and repair, as they are easily accessible or well connected to monitoring facilities.
The market in North America led the pump jack market, with the largest market share, by value, in 2017, and this trend is projected to continue till 2023. The market in Asia-Pacific will also play an important role in driving the demand for pump jacks.
The North American market is expected to grow at the highest CAGR during the forecast period. This growth is due to abundance of stripper wells in the U.S. and increasing number of mature oil fields which are near to the end of its economic life.
The global Pump Jack market was xx million US$ in 2020 and is expected to xx million US$ by the end of 2027, growing at a CAGR of xx% between 2021 and 2027.
This report studies the Pump Jack market size (value and volume) by players, regions, product types and end industries, history data 2017-2020 and forecast data 2020-2027; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Pump Jack in these regions, from 2017 to 2027, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Schlumberger
General Electric
Weatherford International
Halliburton
Dover
Borets
Tenaris
National Oilwell Varco
Hess
Star Hydraulics
Dansco Manufacturing
Pentag Gears & Oilfield Equipment
L S Petrochem Equipment
Cook Pump
By the product type, the market is primarily split into
Vertical Well
Horizontal Well
By the end users/application, this report covers the following segments
Onshore
Offshore
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Pump Jack market size (value & volume) by company, key regions/countries, products and application, history data from 2017 to 2020, and forecast to 2027.
To understand the structure of Pump Jack market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Pump Jack manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Pump Jack with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Pump Jack submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Pump Jack are as follows:
History Year: 2017-2020
Base Year: 2020
Estimated Year: 2020
Forecast Year 2021 to 2027
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Pump Jack market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, EternityInsights offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Pump Jack market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
Table Of Contents
Table of Contents
1 Pump Jack Market Overview
1.1 Pump Jack Product Overview
1.2 Pump Jack Market Segment by Type
1.2.1 Vertical Well
1.2.2 Horizontal Well
1.3 Global Pump Jack Market Size by Type
1.3.1 Global Pump Jack Sales and Growth by Type
1.3.2 Global Pump Jack Sales and Market Share by Type (2017-2020)
1.3.3 Global Pump Jack Revenue and Market Share by Type (2017-2020)
1.3.4 Global Pump Jack Price by Type (2017-2020)
2 Global Pump Jack Market Competition by Company
2.1 Global Pump Jack Sales and Market Share by Company (2017-2020)
2.2 Global Pump Jack Revenue and Share by Company (2017-2020)
2.3 Global Pump Jack Price by Company (2017-2020)
2.4 Global Top Players Pump Jack Manufacturing Base Distribution, Sales Area, Product Types
2.5 Pump Jack Market Competitive Situation and Trends
2.5.1 Pump Jack Market Concentration Rate
2.5.2 Global Pump Jack Market Share of Top 5 and Top 10 Players
2.5.3 Mergers & Acquisitions, Expansion
3 Pump Jack Company Profiles and Sales Data
3.1 Schlumberger
3.1.1 Company Basic Information, Manufacturing Base and Competitors
3.1.2 Pump Jack Product Category, Application and Specification
3.1.3 Schlumberger Pump Jack Sales, Revenue, Price and Gross Margin(2017-2020)
3.1.4 Main Business Overview
3.2 General Electric
3.2.1 Company Basic Information, Manufacturing Base and Competitors
3.2.2 Pump Jack Product Category, Application and Specification
3.2.3 General Electric Pump Jack Sales, Revenue, Price and Gross Margin(2017-2020)
3.2.4 Main Business Overview
3.3 Weatherford International
3.3.1 Company Basic Information, Manufacturing Base and Competitors
3.3.2 Pump Jack Product Category, Application and Specification
3.3.3 Weatherford International Pump Jack Sales, Revenue, Price and Gross Margin(2017-2020)
3.3.4 Main Business Overview
3.4 Halliburton
3.4.1 Company Basic Information, Manufacturing Base and Competitors
3.4.2 Pump Jack Product Category, Application and Specification
3.4.3 Halliburton Pump Jack Sales, Revenue, Price and Gross Margin(2017-2020)
3.4.4 Main Business Overview
3.5 Dover
3.5.1 Company Basic Information, Manufacturing Base and Competitors
3.5.2 Pump Jack Product Category, Application and Specification
3.5.3 Dover Pump Jack Sales, Revenue, Price and Gross Margin(2017-2020)
3.5.4 Main Business Overview
3.6 Borets
3.6.1 Company Basic Information, Manufacturing Base and Competitors
3.6.2 Pump Jack Product Category, Application and Specification
3.6.3 Borets Pump Jack Sales, Revenue, Price and Gross Margin(2017-2020)
3.6.4 Main Business Overview
3.7 Tenaris
3.7.1 Company Basic Information, Manufacturing Base and Competitors
3.7.2 Pump Jack Product Category, Application and Specification
3.7.3 Tenaris Pump Jack Sales, Revenue, Price and Gross Margin(2017-2020)
3.7.4 Main Business Overview
3.8 National Oilwell Varco
3.8.1 Company Basic Information, Manufacturing Base and Competitors
3.8.2 Pump Jack Product Category, Application and Specification
3.8.3 National Oilwell Varco Pump Jack Sales, Revenue, Price and Gross Margin(2017-2020)
3.8.4 Main Business Overview
3.9 Hess
3.9.1 Company Basic Information, Manufacturing Base and Competitors
3.9.2 Pump Jack Product Category, Application and Specification
3.9.3 Hess Pump Jack Sales, Revenue, Price and Gross Margin(2017-2020)
3.9.4 Main Business Overview
3.10 Star Hydraulics
3.10.1 Company Basic Information, Manufacturing Base and Competitors
3.10.2 Pump Jack Product Category, Application and Specification
3.10.3 Star Hydraulics Pump Jack Sales, Revenue, Price and Gross Margin(2017-2020)
3.10.4 Main Business Overview
3.11 Dansco Manufacturing
3.12 Pentag Gears & Oilfield Equipment
3.13 L S Petrochem Equipment
3.14 Cook Pump
4 Pump Jack Market Status and Outlook by Regions
4.1 Global Market Status and Outlook by Regions
4.1.1 Global Pump Jack Market Size and CAGR by Regions
4.1.2 North America
4.1.3 Asia-Pacific
4.1.4 Europe
4.1.5 South America
4.1.6 Middle East and Africa
4.2 Global Pump Jack Sales and Revenue by Regions
4.2.1 Global Pump Jack Sales and Market Share by Regions (2017-2020)
4.2.2 Global Pump Jack Revenue and Market Share by Regions (2017-2020)
4.2.3 Global Pump Jack Sales, Revenue, Price and Gross Margin (2017-2020)
4.3 North America Pump Jack Sales, Revenue, Price and Gross Margin
4.3.1 United States
4.3.2 Canada
4.3.3 Mexico
4.4 Europe Pump Jack Sales, Revenue, Price and Gross Margin
4.4.1 Germany
4.4.2 UK
4.4.3 France
4.4.4 Italy
4.4.5 Russia
4.4.6 Turkey
4.5 Asia-Pacific Pump Jack Sales, Revenue, Price and Gross Margin
4.5.1 China
4.5.2 Japan
4.5.3 Korea
4.5.4 Southeast Asia
4.5.4.1 Indonesia
4.5.4.2 Thailand
4.5.4.3 Malaysia
4.5.4.4 Philippines
4.5.4.5 Vietnam
4.5.5 India
4.5.6 Australia
4.6 South America Pump Jack Sales, Revenue, Price and Gross Margin
4.6.1 Brazil
4.7 Middle East and Africa Pump Jack Sales, Revenue, Price and Gross Margin
4.7.1 Egypt
4.7.2 GCC Countries
5 Pump Jack Application/End Users
5.1 Pump Jack Segment by Application
5.1.1 Onshore
5.1.2 Offshore
5.2 Global Pump Jack Product Segment by Application
5.2.1 Global Pump Jack Sales by Application
5.2.2 Global Pump Jack Sales and Market Share by Application (2017-2020)
6 Global Pump Jack Market Forecast
6.1 Global Pump Jack Sales, Revenue Forecast (2021-2027)
6.1.1 Global Pump Jack Sales and Growth Rate Forecast (2021-2027)
6.1.1 Global Pump Jack Revenue and Growth Rate Forecast (2021-2027)
6.2 Global Pump Jack Forecast by Regions
6.2.1 North America Pump Jack Sales and Revenue Forecast (2021-2027)
6.2.2 Europe Pump Jack Sales and Revenue Forecast (2021-2027)
6.2.3 Asia-Pacific Pump Jack Sales and Revenue Forecast (2021-2027)
6.2.3.1 China
6.2.3.2 Japan
6.2.3.3 Korea
6.2.3.4 Southeast Asia
6.2.3.5 India
6.2.3.6 Australia
6.2.4 South America Pump Jack Sales and Revenue Forecast (2021-2027)
6.2.5 Middle East and Africa Pump Jack Sales and Revenue Forecast (2021-2027)
6.2.5.1 Egypt
6.2.5.2 GCC Countries
6.3 Pump Jack Forecast by Type
6.3.1 Global Pump Jack Sales and Revenue Forecast by Type (2021-2027)
6.3.2 Vertical Well Gowth Forecast
6.3.3 Horizontal Well Gowth Forecast
6.4 Pump Jack Forecast by Application
6.4.1 Global Pump Jack Sales Forecast by Application (2021-2027)
6.4.2 Global Pump Jack Forecast in Onshore
6.4.3 Global Pump Jack Forecast in Offshore
7 Pump Jack Upstream Raw Materials
7.1 Pump Jack Key Raw Materials
7.1.1 Key Raw Materials
7.1.2 Key Raw Materials Price
7.1.3 Raw Materials Key Suppliers
7.2 Manufacturing Cost Structure
7.2.1 Raw Materials
7.2.2 Labor Cost
7.2.3 Manufacturing Expenses
7.3 Pump Jack Industrial Chain Analysis
8 Marketing Strategy Analysis, Distributors
8.1 Marketing Channel
8.1.1 Direct Marketing
8.1.2 Indirect Marketing
8.1.3 Marketing Channel Development Trend
8.2 Distributors
8.3 Downstream Customers
9 Research Findings and Conclusion
Appendix
Methodology/Research Approach
Research Programs/Design
Market Size Estimation
Market Breakdown and Data Triangulation
Data Source
Secondary Sources
Primary Sources
Disclaimer