Pump Jack Market Potential Growth, Share, Demand and
Analysis of Key Players
The pump jack market is expected to grow from an estimated USD 2.86 Billion in 2017 to USD
3.63 Billion by 2022, at a CAGR of 4.88%. Increasing onshore maturing oil fields are driving the
pump jack market. Low oil prices in the past couple of years has made it even more difficult to
maintain low production mature reserves, driving companies to accelerate pump jack plans for
such oil fields.
To enable an in-depth understanding of the competitive landscape, the report includes the
profiles of some of the top service providers in the pump jack market. These players includes
Schlumberger Limited (U.S.), Tenaris S.A. (Luxembourg), Borets International (U.A.E.), General
Electric Oil & Gas (U.K.), Weatherford International, PLC (Switzerland), and Dover Corporation
(U.S.), among others.
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Scope of the Report:
By Well Type
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Vertical Well
Horizontal Well
By Application
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Onshore
Offshore
By Weight
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Less than 100,000 lbs
100,000 lbs–300,000 lbs
More than 300,000 lbs
By Region
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North America
Asia-Pacific
Middle East & Africa
Europe
Central & South America