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Global Horizontal pumping system Market to reach USD 536.19 million by 2027.

Global Horizontal pumping system Market Size study, By Type (Under 100 HP, 100-600 HP and Above 600 HP), By End Use (Industrial, Oil & Natural Gas, Mining and Others) and Regional Forecasts 2020-2027

Product Code: HALMDAE_86019322
Publish Date: 12-02-2021
Page: 200

Global Horizontal pumping system Market is valued approximately USD 420 million in 2019 and is anticipated to grow with a healthy growth rate of more than 3.1% over the forecast period 2020-2027. HPS (Horizontal Surface Pumps) involves a surface pump to bring the power fluid down the pit, a pump-driving petrol, diesel or electric motor, and a power fluid storage, treatment and distribution system (made of oil or water) for use by the down hole pump. Increased exploration and development of oil and gas (E&P) and the growing use of horizontal pumping systems industrial applications will drive the market growth. For surface pumping applications in the oil & gas industry, horizontal pumping systems are used for the transport of gases and fluids. The rise in demand for horizontal pumping systems is parallel to factors such as rapid urbanization, rising population, and increased per capita income, leading to enormous growth in the world’s mining, agricultural, maritime, municipal, and water & wastewater treatment industries. For Instance: . In 2018, U.S. mines produced mineral raw materials worth $82.2 billion —an increase from 2017. These domestic raw materials—along with recycled materials—were used to process mineral materials such as aluminum, copper, and steel worth $766 billion. This will rise the demand for horizontal pumping system. However, high manufacturing costs impedes the growth of the market over the forecast period of 2020-2027. Also, due to growth in mining, agriculture and wasteland treatment, the adoption & demand for Horizontal pumping system is likely to increase.

The regional analysis of global Horizontal pumping system market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing urbanization and rising disposable income. Whereas,Europe is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising agriculture industry and marine & water industry would create lucrative growth prospects for the Horizontal pumping system market across Asia-Pacific region.

Major market player included in this report are:
Schlumberger Limited
General Electric
Weatherford International Plc
National Oilwell Varco, Inc
Canadian Advanced ESP Inc
Submersible Pumps, Inc
HOSS Pump Systems
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Under 100 HP
100-600 HP
Above 600 HP
By End Use:
Oil & Natural Gas
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Horizontal pumping system Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Horizontal pumping system Market, by Region, 2018-2027 (USD Million)
1.2.2. Horizontal pumping system Market, by Type,2018-2027 (USD Million)
1.2.3. Horizontal pumping system Market, by End use,2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Horizontal pumping system Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Horizontal pumping system Market Dynamics
3.1. Horizontal pumping system Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Horizontal pumping system MarketIndustry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Horizontal pumping system Market, by Type
5.1. Market Snapshot
5.2. Global Horizontal pumping system Market by Type, Performance – Potential Analysis
5.3. Global Horizontal pumping system Market Estimates & Forecasts by Type2017-2027 (USD Million)
5.4. Horizontal pumping system Market, Sub Segment Analysis
5.4.1. Under 100 HP
5.4.2. 100-600 HP
5.4.3. Above 600 HP
Chapter 6. Global Horizontal pumping system Market, byEnd use
6.1. Market Snapshot
6.2. Global Horizontal pumping system Market by End use, Performance – Potential Analysis
6.3. Global Horizontal pumping system Market Estimates & Forecasts by End use2017-2027 (USD Million)
6.4. Horizontal pumping system Market, Sub Segment Analysis
6.4.1. Industrial
6.4.2. Oil & Natural Gas
6.4.3. Mining
6.4.4. Others
Chapter 7. Global Horizontal pumping system Market, Regional Analysis
7.1. Horizontal pumping system Market, Regional Market Snapshot
7.2. North America Horizontal pumping system Market
7.2.1. U.S.Horizontal pumping system Market Typebreakdown estimates & forecasts, 2017-2027 End usebreakdown estimates & forecasts, 2017-2027
7.2.2. CanadaHorizontal pumping system Market
7.3. Europe Horizontal pumping system Market Snapshot
7.3.1. U.K. Horizontal pumping system Market
7.3.2. Germany Horizontal pumping system Market
7.3.3. France Horizontal pumping system Market
7.3.4. Spain Horizontal pumping system Market
7.3.5. Italy Horizontal pumping system Market
7.3.6. Rest of EuropeHorizontal pumping system Market
7.4. Asia-PacificHorizontal pumping system Market Snapshot
7.4.1. China Horizontal pumping system Market
7.4.2. India Horizontal pumping system Market
7.4.3. JapanHorizontal pumping system Market
7.4.4. Australia Horizontal pumping system Market
7.4.5. South Korea Horizontal pumping system Market
7.4.6. Rest of Asia PacificHorizontal pumping system Market
7.5. Latin America Horizontal pumping system Market Snapshot
7.5.1. Brazil Horizontal pumping system Market
7.5.2. Mexico Horizontal pumping system Market
7.6. Rest of The World Horizontal pumping system Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Schlumberger Limited Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. General Electric
8.2.3. Halliburton
8.2.4. Novomet
8.2.5. Weatherford International Plc
8.2.6. National Oilwell Varco, Inc
8.2.7. Canadian Advanced ESP Inc
8.2.8. Borets
8.2.9. Submersible Pumps, Inc
8.2.10. HOSS Pump Systems
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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