Global Pumps Market in the Oil and Gas Industry

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Research PREVIEW for Global Pumps Market in the Oil and Gas Industry Boom in Energy Exploration and Production Powers Demand for Pumps in Global Oil and Gas Industry

Transcript of Global Pumps Market in the Oil and Gas Industry

Page 1: Global Pumps Market in the Oil and Gas Industry

Research PREVIEW for

Global Pumps Market in the Oil and Gas Industry

Boom in Energy Exploration and

Production Powers Demand for Pumps in

Global Oil and Gas Industry

Page 2: Global Pumps Market in the Oil and Gas Industry

Sample of Key Highlights

• As conventional sources of oil and gas continue to dominate global production, demand

for pumps is expected to rise.

• The increase in customer awareness on the advantages of positive displacement (PD)

pumps, both economically and functionally, leads to a gain in market share for PD

pumps.

• The Western hemisphere leads the global oil and gas production because of the shale

oil and gas boom in North America, oil sands in Canada, and other conventional

reserves in Brazil, Venezuela, and Mexico. The United States continues to contribute

about 30% of the global shale oil and is the largest producer of shale gas.

• New deep-water and ultra deep-water reserves have been discovered in Asia-Pacific

(APAC, which will contribute towards the global oil and gas production.

Source: Frost & Sullivan analysis.

Page 3: Global Pumps Market in the Oil and Gas Industry

Drivers and Restraints

Impact: High Medium Low Source: Frost & Sullivan analysis.

Total Pumps Market in Oil and Gas Industry: Key Market Drivers and Restraints, Global, 2014-2020

Postponement of big oil and gas projects hamper growth of pumps

Low cost manufacturers are eating into the market share of major market

participants

Closure of refineries in North America and Europe affects the sale of pumps

Environmental concerns due to shale is expected to put a damper on the

growth of pumps

1-2 years 3-4 years 5-7 years

Investments in exploration and production in conventional oil and gas

reserves propels growth of pumps

Refining sector will attract investments in Middle East and Asia due to

shrinking refinery sector in North America and Europe

Increased customer awareness on PD pumps have triggered growth of

pumps market

Water and waste water management for shale has increased sale of pumps

Discovery of reserves in Africa and Asia-Pacific contribute towards growth

of pumps market

Investments in exploration and production in shale, coalbed methane and

offshore oil and gas reserves propels growth of pumps

Midstream investments in pipelines, railcars and trucks will propel pumps

growth

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Page 4: Global Pumps Market in the Oil and Gas Industry

Executive Summary — CEO’s Perspective

2 Shale E&P will start in countries other

than the United States, which will offer

tremendous opportunities for pumps.

3 Refinery closures in North America and

Europe have shifted the refining

sector’s focus toward MEA and APAC.

4 Included in full research access.

1 Opportunities for pumps in subsea are

steadily rising.

Source: Frost & Sullivan analysis.

Page 5: Global Pumps Market in the Oil and Gas Industry

The Full Analysis Features the Following Content

Section Slide Number

Executive Summary 5

Market Overview 10

Total Market –

• External Challenges: Drivers and Restraints 25

• Forecasts and Trends 38

• Market Share and Competitive Analysis 51

• Mega Trends and Industry Convergence Implications 56

CEO’s 360 Degree Perspective 62

Centrifugal Pumps Segment Breakdown 64

Positive Displacement Pumps Segment Breakdown 69

North America Breakdown 74

Latin America Breakdown 83

Page 6: Global Pumps Market in the Oil and Gas Industry

The Full Analysis Features the Following Content

(contd...)

Section Slide Number

Europe and Russia Breakdown 90

Middle East and Africa Breakdown 98

Asia-Pacific Breakdown 106

The Last Word 114

Appendix 117

Page 7: Global Pumps Market in the Oil and Gas Industry

Key Questions the Analysis Answers

Source: Frost & Sullivan analysis.

Is the market growing? How long will it continue to grow and at what rate?

Are the existing competitors structured correctly to meet customer needs?

Is this an industry or a market? Will these companies/products/services continue to exist, or will they

get acquired by other companies? Will the products/services become features in other markets?

How will the structure of the market change with time? Is it ripe for acquisitions?

Are the products/services offered today meeting customer needs or is there additional development

needed?

Are the vendors in the space ready to go it alone, or do they need partnerships to take their

business to the next level?

Page 8: Global Pumps Market in the Oil and Gas Industry

Interested in Full Access? Connect With Us

Ariel Brown Corporate Communications – North America

(210) 247-2481

[email protected]

Research Authors

Sandeep Karuppuswamy

Research Analyst

Industrial Automation &

Process Control

Anand MG

Industry Manager

Industrial Automation &

Process Control

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Page 9: Global Pumps Market in the Oil and Gas Industry

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Page 10: Global Pumps Market in the Oil and Gas Industry

Global Perspective 40+ Offices Monitoring for Opportunities and Challenges

Page 11: Global Pumps Market in the Oil and Gas Industry

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