The pumping unit is the mechanism that converts the rotary motion of the prime mover into the reciprocating vertical movement required at the polished rod.
This report contains market size and forecasts of Pumping Units for Oil Production in global, including the following market information:
Global Pumping Units for Oil Production Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Pumping Units for Oil Production Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Pumping Units for Oil Production companies in 2021 (%)
The global Pumping Units for Oil Production market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Beam Pumping Unit Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Pumping Units for Oil Production include Schlumberger, Weatherford, Lufkin, Liberty Lift Solutions, CNPC and Guangxing Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Pumping Units for Oil Production manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Pumping Units for Oil Production Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Pumping Units for Oil Production Market Segment Percentages, by Type, 2021 (%)
Beam Pumping Unit
Beamless Pumping Unit
Global Pumping Units for Oil Production Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Pumping Units for Oil Production Market Segment Percentages, by Application, 2021 (%)
Small And Medium Oil Fields
Large Oil Field
Extra Large Oil Field
Global Pumping Units for Oil Production Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Pumping Units for Oil Production Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Pumping Units for Oil Production revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Pumping Units for Oil Production revenues share in global market, 2021 (%)
Key companies Pumping Units for Oil Production sales in global market, 2017-2022 (Estimated), (Units)
Key companies Pumping Units for Oil Production sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Schlumberger
Weatherford
Lufkin
Liberty Lift Solutions
CNPC
Guangxing Group