| Product Code: ETC9971887 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The United States continues to rely on imports of oil and gas electric submersible pumps, with China, Sweden, Denmark, Switzerland, and Ireland emerging as the top exporting countries in 2024. The market concentration, as measured by the HHI, significantly increased from 2023 to 2024, indicating a more consolidated market. However, the industry experienced a negative Compound Annual Growth Rate (CAGR) of -9.19% from 2020 to 2024, with a further decline in the growth rate of -12.14% from 2023 to 2024. These trends suggest a challenging landscape for the US oil and gas electric submersible pump market in recent years.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) Oil And Gas Electric Submersible Pump Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Oil And Gas Electric Submersible Pump Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Oil And Gas Electric Submersible Pump Market - Industry Life Cycle |
3.4 United States (US) Oil And Gas Electric Submersible Pump Market - Porter's Five Forces |
3.5 United States (US) Oil And Gas Electric Submersible Pump Market Revenues & Volume Share, By Location of Deployment, 2021 & 2031F |
4 United States (US) Oil And Gas Electric Submersible Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for oil and gas exploration and production activities in the US |
4.2.2 Technological advancements leading to improved efficiency and performance of electric submersible pumps |
4.2.3 Growing investments in the oil and gas sector in the US |
4.3 Market Restraints |
4.3.1 Volatility in oil and gas prices affecting investment decisions and project viability |
4.3.2 Stringent government regulations and environmental concerns impacting operations in the sector |
5 United States (US) Oil And Gas Electric Submersible Pump Market Trends |
6 United States (US) Oil And Gas Electric Submersible Pump Market, By Types |
6.1 United States (US) Oil And Gas Electric Submersible Pump Market, By Location of Deployment |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Oil And Gas Electric Submersible Pump Market Revenues & Volume, By Location of Deployment, 2021- 2031F |
6.1.3 United States (US) Oil And Gas Electric Submersible Pump Market Revenues & Volume, By Offshore, 2021- 2031F |
6.1.4 United States (US) Oil And Gas Electric Submersible Pump Market Revenues & Volume, By Onshore, 2021- 2031F |
7 United States (US) Oil And Gas Electric Submersible Pump Market Import-Export Trade Statistics |
7.1 United States (US) Oil And Gas Electric Submersible Pump Market Export to Major Countries |
7.2 United States (US) Oil And Gas Electric Submersible Pump Market Imports from Major Countries |
8 United States (US) Oil And Gas Electric Submersible Pump Market Key Performance Indicators |
8.1 Average run life of electric submersible pumps in oil and gas applications |
8.2 Percentage increase in adoption of electric submersible pumps compared to traditional pumping systems |
8.3 Average downtime reduction achieved by using electric submersible pumps in oil and gas operations |
9 United States (US) Oil And Gas Electric Submersible Pump Market - Opportunity Assessment |
9.1 United States (US) Oil And Gas Electric Submersible Pump Market Opportunity Assessment, By Location of Deployment, 2021 & 2031F |
10 United States (US) Oil And Gas Electric Submersible Pump Market - Competitive Landscape |
10.1 United States (US) Oil And Gas Electric Submersible Pump Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Oil And Gas Electric Submersible Pump Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |