SEARCH   
MEMBER LOGIN    

Electric Submersible Pump Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Electric Submersible Pump Manufacturing Market Research Report | Industrial Machinery, Gas & Chemicals | General Purpose Machinery Manufacturing | Jan 2013

Pumped up: Continued oil exploration will maintain revenue growth for the industry

IBISWorld’s Electric Submersible Pump Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Baker Hughes Baker Hughes  market share
Flowserve Corporation Flowserve Corporation  market share
ITT Corporation ITT Corporation  market share
Schlumberger Ltd. Schlumberger Ltd. market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 08-13
4.6%
Annual Growth 13-18
Purchase to read more
Profit
Purchase to read more
Employment
5,215
Businesses
80
Industry Analysis & Industry Trends

The Electric Submersible Pump Manufacturing industry got sucked under for a bit during the recession, but managed to make its way back out, maintaining positive revenue growth since 2011. As oil exploration continues and transportation levels rise, the need for industry services will continue increasing. However, a threat to the industry looms as more technologies compete with oil use.... purchase to read more

Industry Report - Industry Products Chapter

Low-temperature pumps

Low-temperature pumps are the most common type of electric submersible pump (ESP) manufactured by this industry. This group encompasses pumps not specifically designed for the high temperatures of deep and offshore oil wells. These economical and efficient pumps are used to reduce the pressure at the bottom of an oil well, which allows a higher level of oil production from the well.

High-temperature pumps

High-temperature ESPs are designed to operate in the deepest oil wells, which are typically offshore wells. These ESPs are typically just more robust versions of their low-temperature counterpart. However, this allows them to work in temperatures up to 300 degrees Fahrenheit... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Electric Submersible Pump Manufacturing Industry?

This industry manufactures electric submersible pumps (ESPs) for oil and gas well drilling. Firms also provide monitoring systems, equipment engineering and other services that complement ESP systems.

Industry Products
Low-temperature pumpsHigh-temperature pumpsComplementary services
 
Industry Activities
Manufacturing electric submersible pumpsProviding oil well monitoring servicesPump installation


View Sample
Quote
Select Clients