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[ 英語タイトル ] Americas Hydraulic Submersible Pumps Market - Growth, Trends, and Forecasts (2020 - 2025)


Product Code : MDEP0083900
Survey : Mordor Intelligence
Publish On : November, 2020
Category : Energy and Power
Report format : PDF
Sales price option (consumption tax not included)
Single User USD4250 / Question Form
5 User USD4750 / Question Form
Enterprise User USD7500 / Question Form
 - Atlas Copco AB
- BAKERCORP
- Cornell Pump Company
- The Gorman-Rupp Company
- Griffin Dewatering Corporation
- Hydra-Tech Pumps
- STANLEY Infrastructure
- Superior Pump Technologies
- Thompson Pump
- Xylem Inc. (Godwin Pumps)

[Report Description]

The market for America’s hydraulic submersible pumps is expected to grow at a CAGR of approximately 5.52% during the forecast period. The shale market of the United States witnessed around 53% jump in investment, and led the global upstream investment in 2017. It is expected to increase further during the forecast period, which in turn, is likely to act as a driver for hydraulic submersible pumps across hydraulic fracturing services. The region has remained subject to constant economic and political instability, including severe corruption charges, violence between government and Revolutionary Army Forces of Colombia (FARC-EP), socioeconomic and political crisis in Venezuela, amongst others. These conditions have resulted in the delay of several announced end-user specific projects, and in turn, has resulted in reduced demand for hydraulic submersible pumps.

- The oil & gas segment is expected to dominate the Americas hydraulic submersible pumps market in 2019 and it is expected to witness the highest growth rate in the future owing to government plans to encourage unconventional resource development and several upcoming brownfield refinery projects and refinery expansion plans in the Americas.
- With favorable government support and rising oil prices, exploration and production activities are expected to increase. This presents an opportunity of ample growth for hydraulic submersible pumps manufacturers, in the coming years, to provide hydraulic submersible pumps capable of operating in high suction areas and complex multiphase production in subsea areas.
- The oil and gas industry in the United States is providing a huge impetus to the hydraulic submersible pump market, on account of widespread investments in oil and gas projects, in the coming years.

Key Market Trends

The Oil & Gas Segment to Witness Highest Growth Rate

- The oil & gas segment is estimated to hold the largest share in the market in 2019 and expected to witness the highest growth rate in the future.
- The increasing exploitation of shale reserves is expected to result in increased production of wastewater. As hydraulic submersible pumps are used for wastewater and effluent removal, the increasing exploitation of shale reserves in the countries like the United States, Canada, etc are expected to drive the demand for hydraulic submersible pumps during the forecast period.
- Moreover, as the government plans to encourage unconventional resource development in the coming years, the number of wells to be drilled in Canada is expected to increase to approximately 7,900 wells in 2018, as compared to 7,550 wells in 2017.
- Further, there are several upcoming brownfield refinery projects and refinery expansion plans in the Americas (particularly United States, Mexico, Brazil, Argentina, amongst others), which are expected to drive the demand for hydraulic submersible pumps for pumping and wastewater treatment purposes.

United States to Dominate the Market

- Increasing exploitation of shale reserves in the country has resulted in increased production of wastewater. Shale exploitation consumes more than 20 million gallons of water per well. The lack of availability of water and government regulations on wastewater treatment are encouraging the industry to treat the produced water. As hydraulic submersible pumps are ideally used for wastewater and effluent removal, the increasing exploitation of shale reserves in the country is expected to drive the demand for hydraulic submersible pumps during the forecast period.
- The oil and gas industry in the United States is providing a huge impetus to the hydraulic submersible pump market, on account of widespread investments in oil and gas projects, in the coming years. Nearly USD 76 billion is expected to be spent on 97 upcoming oil and gas projects in the country, between 2018 and 2025, thus, creating widespread opportunities for the hydraulic submersible pumps business.
- Before the downfall in the commodity prices, the US Gulf of Mexico accounted for around 25% of the crude oil production. Though the crude oil price recovered in 2017, major growth was witnessed in onshore areas. The reason being high CAPEX and OPEX in offshore, compared to onshore shale.

Competitive Landscape

The Americas hydraulic submersible pumps market is fragmented. The major companies include Atlas Copco AB, BAKERCORP, Cornell Pump Company, The Gorman-Rupp Company, and Griffin Dewatering Corporation.

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1 INTRODUCTION
1.1 Scope of the Study
1.2 Market Definition
1.3 Study Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY

4 MARKET OVERVIEW
4.1 Introduction
4.2 Evolution of Hydraulic Submersible Pump Technology
4.3 Market Size and Demand Forecast in USD million, till 2025
4.4 Comparative Cost Analysis of Hydraulic Submersible Pump and Conventional Pump Systems (Oil and gas Industry)
4.4.1 CAPEX
4.4.2 OPEX
4.4.3 Total Life Cycle (Cost for 20 years)
4.5 Recent Trends and Developments
4.6 Government Policies and Regulations
4.7 Market Dynamics
4.7.1 Drivers
4.7.2 Restraints
4.8 Supply Chain Analysis
4.9 Porter's Five Forces Analysis
4.9.1 Bargaining Power of Suppliers
4.9.2 Bargaining Power of Consumers
4.9.3 Threat of New Entrants
4.9.4 Threat of Substitutes Products and Services
4.9.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 End-user Industry
5.1.1 Oil and Gas
5.1.2 Agricultural
5.1.3 Mining
5.1.4 Other End-user Industries (Wastewater, Pulp and Paper, etc.)
5.2 Flow Range
5.2.1 Less than 1,000 m-3 hour
5.2.2 More than 1,000 m-3 hour
5.3 Geography
5.3.1 North America
5.3.2 South America

6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Key Company Profiles
6.3.1 Atlas Copco AB
6.3.2 BAKERCORP
6.3.3 Cornell Pump Company
6.3.4 The Gorman-Rupp Company
6.3.5 Griffin Dewatering Corporation
6.3.6 Hydra-Tech Pumps
6.3.7 STANLEY Infrastructure
6.3.8 Superior Pump Technologies
6.3.9 Thompson Pump
6.3.10 Xylem Inc. (Godwin Pumps)

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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