1	INTRODUCTION	30 
1.1	STUDY OBJECTIVES	30 
1.2	MARKET DEFINITION	30 
1.3	INCLUSIONS AND EXCLUSIONS	31 
1.4	MARKET SCOPE	32 
1.4.1	OIL AND GAS PUMPS MARKET SEGMENTATION	32 
1.4.2	REGIONAL SCOPE	33 
1.4.3	YEARS CONSIDERED	33 
1.5	CURRENCY CONSIDERED	34 
1.6	LIMITATIONS	34 
1.7	STAKEHOLDERS	34 
1.8	SUMMARY OF CHANGES	35 
1.8.1	IMPACT OF RECESSION	35 
2	RESEARCH METHODOLOGY	36 
2.1	RESEARCH DATA	36 
FIGURE 1	OIL AND GAS PUMPS MARKET: RESEARCH DESIGN	36 
2.2	MARKET BREAKDOWN AND DATA TRIANGULATION	37 
FIGURE 2	DATA TRIANGULATION	37 
2.2.1	SECONDARY DATA	38 
2.2.1.1	List of major secondary sources	38 
2.2.1.2	Key data from secondary sources	38 
2.2.2	PRIMARY DATA	39 
2.2.2.1	List of primary interview participants	39 
2.2.2.2	Key data from primary sources	39 
2.2.2.3	Breakdown of primaries	40 
FIGURE 3	BREAKDOWN OF PRIMARIES: BY COMPANY TYPE, DESIGNATION, AND REGION	40 
2.3	MARKET SIZE ESTIMATION	41 
2.3.1	BOTTOM-UP APPROACH	41 
FIGURE 4	OIL AND GAS PUMPS MARKET: BOTTOM-UP APPROACH	41 
2.3.2	TOP-DOWN APPROACH	41 
FIGURE 5	OIL AND GAS PUMPS MARKET: TOP-DOWN APPROACH	42 
2.4	DEMAND-SIDE ANALYSIS	42 
2.4.1	DEMAND-SIDE METRICS	43 
FIGURE 6	METRICS CONSIDERED TO ANALYZE AND ASSESS DEMAND FOR OIL AND GAS PUMPS	43 
2.4.1.1	Assumptions for demand-side analysis	43 
2.4.2	SUPPLY-SIDE ANALYSIS	44 
FIGURE 7	KEY METRICS CONSIDERED FOR ASSESSING SUPPLY OF OIL AND GAS PUMPS	44 
FIGURE 8	OIL AND GAS PUMPS MARKET: SUPPLY-SIDE ANALYSIS	45 
2.4.2.1	Calculations for supply side	45 
2.4.2.2	Assumptions for supply-side analysis	45 
2.4.3	FORECAST	45 
2.4.3.1	Risk assessment	46 
2.4.3.2	Recession impact	46 
3	EXECUTIVE SUMMARY	47 
TABLE 1	OIL AND GAS PUMPS MARKET SNAPSHOT	47 
FIGURE 9	NON-SUBMERSIBLE PUMPS TO CAPTURE LARGER MARKET SHARE IN 2028	48 
FIGURE 10	CENTRIFUGAL PUMPS TO LEAD OIL AND GAS PUMPS MARKET THROUGHOUT FORECAST PERIOD	48 
FIGURE 11	MIDSTREAM APPLICATIONS TO COMMAND OIL AND GAS PUMPS MARKET FROM 2023 TO 2028	49 
FIGURE 12	NORTH AMERICA DOMINATED OIL AND GAS PUMPS MARKET IN 2022	49 
4	PREMIUM INSIGHTS	51 
4.1	ATTRACTIVE OPPORTUNITIES IN OIL AND GAS PUMPS MARKET	51 
FIGURE 13	CONSTANT TECHNOLOGICAL DEVELOPMENTS IN DEEPWATER AND ULTRA-DEEPWATER OPERATIONS TO CREATE OPPORTUNITIES FOR PLAYERS IN OIL AND GAS PUMPS MARKET	51 
4.2	OIL AND GAS PUMPS MARKET, BY TYPE	51 
FIGURE 14	NON-SUBMERSIBLE PUMPS SEGMENT DOMINATED OIL AND GAS PUMPS MARKET IN 2022	51 
4.3	OIL AND GAS PUMPS MARKET, BY PUMP TYPE	52 
FIGURE 15	CENTRIFUGAL PUMPS LED OIL AND GAS PUMPS MARKET IN 2022	52 
4.4	OIL AND GAS PUMPS MARKET, BY APPLICATION	52 
FIGURE 16	MIDSTREAM APPLICATIONS COMMANDED OIL AND GAS PUMPS MARKET IN 2022	52 
FIGURE 17	ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD	53 
4.5	OIL AND GAS PUMPS MARKET IN NORTH AMERICA, BY APPLICATION AND COUNTRY	53 
FIGURE 18	MIDSTREAM SEGMENT AND US ACCOUNTED FOR LARGEST SHARE OF NORTH AMERICAN MARKET IN 2022	53 
5	MARKET OVERVIEW	54 
5.1	INTRODUCTION	54 
5.2	MARKET DYNAMICS	54 
FIGURE 19	OIL AND GAS PUMPS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES	54 
5.2.1	DRIVERS	55 
5.2.1.1	Continuous shale development activities	55 
FIGURE 20	TOP COUNTRIES WITH TECHNICALLY RECOVERABLE SHALE OIL RESOURCES	55 
FIGURE 21	TOP COUNTRIES WITH TECHNICALLY RECOVERABLE SHALE GAS RESOURCES	56 
5.2.1.2	Rapid expansion of gas terminals	56 
5.2.1.3	Increased global demand for oil	57 
FIGURE 22	GLOBAL OIL DEMAND, 2019–2028	58 
TABLE 2	GLOBAL OIL DEMAND (OECD VS. NON-OECD), 2021–2028	58 
5.2.2	RESTRAINTS	58 
5.2.2.1	Increasing focus on use of renewable energy	58 
5.2.3	OPPORTUNITIES	59 
5.2.3.1	Discovery of new oilfields	59 
5.2.3.2	Ongoing pipeline infrastructure development projects in Asia Pacific and Middle East	59 
5.2.4	CHALLENGES	60 
5.2.4.1	High competition and volatile crude oil prices	60 
5.2.4.2	Difficulties in reducing delivery/lead time	60 
5.3	TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS	60 
FIGURE 23	TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS OF OIL AND GAS PUMP PROVIDERS	61 
5.4	SUPPLY CHAIN ANALYSIS	61 
FIGURE 24	OIL AND GAS PUMPS MARKET: SUPPLY CHAIN ANALYSIS	61 
5.4.1	RAW MATERIAL/COMPONENT PROVIDERS	62 
5.4.2	PUMPS MANUFACTURERS	62 
5.4.3	END USERS	62 
5.5	ECOSYSTEM ANALYSIS	62 
FIGURE 25	OIL AND GAS PUMP ECOSYSTEM	62 
5.6	TECHNOLOGY ANALYSIS	63 
5.6.1	VARIABLE SPEED DRIVES (VSDS)	63 
5.6.2	SUBMERSIBLE PUMPS	63 
5.6.3	INTELLIGENT PUMPS	63 
5.6.4	ROBOTICS AND AUTOMATION	63 
5.7	KEY CONFERENCES AND EVENTS	64 
TABLE 3	LIST OF CONFERENCES AND EVENTS IN OIL AND GAS PUMPS MARKET, 2023–2024	64 
5.8	PATENT ANALYSIS	65 
FIGURE 26	INNOVATIONS AND PATENT REGISTRATIONS PERTAINING TO OIL AND GAS PUMPS, 2012–2022	65 
5.8.1	LIST OF MAJOR PATENTS	66 
5.9	REGULATORY LANDSCAPE	66 
5.9.1	REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	66 
TABLE 4	NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	66 
TABLE 5	EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	67 
TABLE 6	ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	67 
TABLE 7	SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	67 
TABLE 8	MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	68 
5.9.2	REGULATORY FRAMEWORK	68 
TABLE 9	REGULATIONS	68 
5.10	PRICING ANALYSIS	69 
5.10.1	INDICATIVE PRICING TREND OF PUMPS, BY REGION	69 
TABLE 10	INDICATIVE PRICE RANGE OF PUMPS, BY REGION, 2022–2028	69 
5.10.2	INDICATIVE PRICING TREND OF PUMPS, BY PUMP TYPE	69 
TABLE 11	INDICATIVE PRICE RANGE OF PUMPS, BY PUMP TYPE, 2022–2028	69 
5.11	CASE STUDY ANALYSIS	69 
5.11.1	CHEVRON OPTIMIZES PUMP SYSTEM PERFORMANCE WITH INTEGRATION OF VARIABLE SPEED DRIVES	69 
5.11.2	BP MINIMIZES DOWNTIME WITH INSTALLATION OF INTELLIGENT PUMP MONITORING SYSTEMS	70 
5.11.3	EXXONMOBIL REDUCES ENVIRONMENTAL IMPACT BY UTILIZING SOLAR-POWERED PUMPS	70 
5.12	EXPORT/IMPORT SCENARIOS, BY HS CODE	70 
5.12.1	HS CODE 8413	70 
5.12.1.1	Export scenario	71 
TABLE 12	EXPORT SCENARIO FOR HS CODE 8413-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD)	71 
FIGURE 27	EXPORT SCENARIO FOR HS CODE 8413-COMPLIANT PRODUCTS FOR TOP 5 COUNTRIES, 2020–2022 (USD)	72 
5.12.1.2	Import scenario	72 
TABLE 13	IMPORT SCENARIO FOR HS CODE 8413-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD)	72 
FIGURE 28	IMPORT SCENARIO FOR HS CODE 8413-COMPLIANT PRODUCTS FOR TOP 5 COUNTRIES, 2020–2022 (USD)	73 
5.13	PORTER’S FIVE FORCES ANALYSIS	74 
FIGURE 29	OIL AND GAS PUMPS MARKET: PORTER’S FIVE FORCES ANALYSIS	74 
TABLE 14	OIL AND GAS PUMPS MARKET: PORTER’S FIVE FORCES ANALYSIS	74 
5.13.1	THREAT OF NEW ENTRANTS	75 
5.13.2	BARGAINING POWER OF BUYERS	75 
5.13.3	BARGAINING POWER OF SUPPLIERS	75 
5.13.4	THREAT OF SUBSTITUTES	75 
5.13.5	INTENSITY OF COMPETITIVE RIVALRY	75 
5.14	KEY STAKEHOLDERS AND BUYING CRITERIA	76 
5.14.1	KEY STAKEHOLDERS IN BUYING PROCESS	76 
FIGURE 30	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF PUMP TYPE	76 
TABLE 15	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF PUMP TYPES (%)	76 
5.14.2	BUYING CRITERIA	77 
FIGURE 31	KEY BUYING CRITERIA FOR OIL AND GAS PUMP TYPES	77 
TABLE 16	KEY BUYING CRITERIA FOR OIL AND GAS PUMP TYPES	77 
6	OIL AND GAS PUMPS MARKET, BY TYPE	78 
6.1	INTRODUCTION	79 
FIGURE 32	OIL AND GAS PUMPS MARKET SHARE, BY TYPE, 2022	79 
TABLE 17	OIL AND GAS PUMPS MARKET, BY TYPE, 2021–2028 (USD MILLION)	79 
6.2	SUBMERSIBLE PUMPS	80 
6.2.1	INCREASING OFFSHORE OIL AND GAS ACTIVITIES TO ACCELERATE SEGMENTAL GROWTH	80 
TABLE 18	SUBMERSIBLE PUMPS: OIL AND GAS PUMPS MARKET, BY REGION, 2021–2028 (USD MILLION)	80 
6.3	NON-SUBMERSIBLE PUMPS	81 
6.3.1	GROWING INVESTMENTS IN MIDSTREAM INFRASTRUCTURE DEVELOPMENT TO FUEL SEGMENTAL GROWTH	81 
TABLE 19	NON-SUBMERSIBLE PUMPS: OIL AND GAS PUMPS MARKET, BY REGION, 2021–2028 (USD MILLION)	81 
7	OIL AND GAS PUMPS MARKET, BY PUMP TYPE	82 
7.1	INTRODUCTION	83 
FIGURE 33	OIL AND GAS PUMPS MARKET SHARE, BY PUMP TYPE, 2022	83 
TABLE 20	OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	83 
7.2	CENTRIFUGAL PUMPS	84 
7.2.1	INCREASING INVESTMENTS IN OIL AND GAS SECTOR IN EMERGING ECONOMIES TO FUEL MARKET GROWTH	84 
TABLE 21	CENTRIFUGAL PUMPS: OIL AND GAS PUMPS MARKET, BY REGION, 2021–2028 (USD MILLION)	84 
7.3	POSITIVE DISPLACEMENT PUMPS	85 
7.3.1	GROWING FOCUS ON UPSTREAM ACTIVITIES TO BOOST DEMAND	85 
7.3.2	SCREW PUMPS	85 
7.3.2.1	Implementation of advanced control systems and remote monitoring solutions to boost demand	85 
7.3.3	RECIPROCATING PUMPS	85 
7.3.3.1	Utilization in most abrasive and corrosive applications to accelerate demand	85 
7.3.3.2	Diaphragm pumps	86 
7.3.3.2.1	Ability to handle many aggressive chemicals to increase adoption	86 
7.3.3.3	Multi-plunger pumps	86 
7.3.3.3.1	Capability to handle solid and viscous-containing media to fuel demand	86 
7.3.3.4	Piston pumps	86 
7.3.3.4.1	Deployment in water injection, water jet cutting, fluid transfer, and other industrial applications to foster market growth	86 
7.3.4	ROTARY AND GEAR PUMPS	86 
7.3.4.1	Adoption in exploration, production, and refining processes in oil & gas sector for seamless flow of fluids to drive market	86 
7.3.5	PROGRESSING CAVITY PUMPS	87 
7.3.5.1	Implementation of PCPs in crude oil production, water injection, and wastewater disposal to boost demand	87 
TABLE 22	POSITIVE DISPLACEMENT PUMPS: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	87 
TABLE 23	RECIPROCATING PUMPS: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	87 
TABLE 24	POSITIVE DISPLACEMENT PUMPS: OIL AND GAS PUMPS MARKET, BY REGION, 2021–2028 (USD MILLION)	88 
7.4	CRYOGENIC PUMPS	88 
7.4.1	ABILITY TO OPERATE IN EXTREMELY LOW-TEMPERATURE ENVIRONMENTS TO SURGE DEMAND	88 
TABLE 25	CRYOGENIC PUMPS: OIL AND GAS PUMPS MARKET, BY REGION, 2021–2028 (USD MILLION)	88 
8	OIL AND GAS PUMPS MARKET, BY APPLICATION	89 
8.1	INTRODUCTION	90 
FIGURE 34	OIL AND GAS PUMPS MARKET SHARE, BY APPLICATION, 2022	90 
TABLE 26	OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	90 
8.2	UPSTREAM	91 
8.2.1	INCREASING OIL AND GAS EXPLORATION AND PRODUCTION ACTIVITIES TO DRIVE SEGMENTAL GROWTH	91 
8.2.2	ARTIFICIAL LIFT PUMPS (ONSHORE)	91 
8.2.2.1	Need to optimize production from mature fields to fuel market growth	91 
8.2.3	PRODUCED WATER HANDLING SYSTEMS (ONSHORE)	91 
8.2.3.1	Growing adoption of water reuse technologies to boost demand	91 
8.2.4	SOLID CONTROL EQUIPMENT (ONSHORE)	92 
8.2.4.1	Requirement to remove solids and contaminants during drilling activities to accelerate demand	92 
8.2.5	SEAWATER LIFT PUMPS	92 
8.2.5.1	Implementation of advanced monitoring and automation technologies to increase adoption	92 
8.2.6	WATER AND CO2 INJECTION SYSTEMS	92 
8.2.6.1	Pressing need to capture and store carbon and prevent its release into atmosphere to drive market	92 
8.2.7	SAFETY AND FIREFIGHTING SYSTEMS	93 
8.2.7.1	Increasing focus on workplace safety to boost demand	93 
8.2.8	GATHERING AND SEPARATION SYSTEMS	93 
8.2.8.1	Increasing production of natural gas to propel market	93 
TABLE 27	UPSTREAM: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	93 
TABLE 28	UPSTREAM: OIL AND GAS PUMPS MARKET, BY REGION, 2021–2028 (USD MILLION)	94 
8.3	MIDSTREAM	94 
8.3.1	INCREASING INVESTMENTS IN OIL AND GAS INFRASTRUCTURE DEVELOPMENT TO DRIVE MARKET	94 
8.3.2	PIPELINE BOOSTING (ONSHORE)	94 
8.3.2.1	Expansion of oil and gas pipeline networks to fuel demand	94 
8.3.3	TERMINALS	95 
8.3.3.1	Need to redistribute fluids during midstream activities to drive market	95 
8.3.4	OTHERS	95 
TABLE 29	MIDSTREAM: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	95 
TABLE 30	MIDSTREAM: OIL AND GAS PUMPS MARKET, BY REGION, 2021–2028 (USD MILLION)	96 
8.4	DOWNSTREAM	96 
8.4.1	RISING FOCUS ON ENHANCING REFINING CAPACITY TO DRIVE MARKET	96 
8.4.2	PRIMARY PROCESSING SYSTEMS	96 
8.4.2.1	Increasing demand for refined petroleum products to fuel segmental growth	96 
8.4.3	SECONDARY PROCESSING SYSTEMS	97 
8.4.3.1	Rising use of high-quality petroleum products to boost segmental growth	97 
8.4.4	STORAGE AND TRANSFER SYSTEMS	97 
8.4.4.1	Increasing focus on expanding storage capacity of refined petroleum products to fuel market growth	97 
TABLE 31	DOWNSTREAM: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	97 
TABLE 32	DOWNSTREAM: OIL AND GAS PUMPS MARKET, BY REGION, 2021–2028 (USD MILLION)	98 
9	OIL AND GAS PUMPS MARKET, BY REGION	99 
9.1	INTRODUCTION	100 
FIGURE 35	OIL AND GAS PUMPS MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	100 
FIGURE 36	OIL AND GAS PUMPS MARKET SHARE, BY REGION, 2022	101 
TABLE 33	OIL AND GAS PUMPS MARKET, BY REGION, 2021–2028 (USD MILLION)	101 
TABLE 34	OIL AND GAS PUMPS MARKET, BY REGION, 2021–2028 (UNITS)	102 
9.2	ASIA PACIFIC	102 
9.2.1	RECESSION IMPACT: ASIA PACIFIC	102 
FIGURE 37	REGIONAL SNAPSHOT: ASIA PACIFIC	103 
9.2.2	BY TYPE	104 
TABLE 35	ASIA PACIFIC: OIL AND GAS PUMPS MARKET, BY TYPE, 2021–2028 (USD MILLION)	104 
9.2.3	BY PUMP TYPE	104 
TABLE 36	ASIA PACIFIC: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	104 
9.2.4	BY APPLICATION	104 
TABLE 37	ASIA PACIFIC: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	104 
9.2.5	BY COUNTRY	105 
TABLE 38	ASIA PACIFIC: OIL AND GAS PUMPS MARKET, BY COUNTRY, 2021–2028 (USD MILLION)	105 
9.2.5.1	China	105 
9.2.5.1.1	Rising focus on increasing oil and gas production to meet energy demand to drive market	105 
TABLE 39	CHINA: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	106 
TABLE 40	CHINA: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	106 
9.2.5.2	Japan	106 
9.2.5.2.1	Strong focus on reducing import of oil and natural gas to boost demand for oil and gas pumps	106 
TABLE 41	JAPAN: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	107 
TABLE 42	JAPAN: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	107 
9.2.5.3	India	107 
9.2.5.3.1	Government initiatives to expand natural gas pipeline network to accelerate market growth	107 
TABLE 43	INDIA: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	108 
TABLE 44	INDIA: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	108 
9.2.5.4	South Korea	108 
9.2.5.4.1	Efforts to increase energy production to boost demand for oil and gas pumps	108 
TABLE 45	SOUTH KOREA: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	109 
TABLE 46	SOUTH KOREA: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	109 
9.2.5.5	Australia	110 
9.2.5.5.1	Development of natural gas reserves to drive market	110 
TABLE 47	AUSTRALIA: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	110 
TABLE 48	AUSTRALIA: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	110 
9.2.5.6	Rest of Asia Pacific	111 
TABLE 49	REST OF ASIA PACIFIC: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	111 
TABLE 50	REST OF ASIA PACIFIC: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	111 
9.3	NORTH AMERICA	112 
9.3.1	RECESSION IMPACT: NORTH AMERICA	112 
FIGURE 38	REGIONAL SNAPSHOT: NORTH AMERICA	113 
9.3.2	BY TYPE	113 
TABLE 51	NORTH AMERICA: OIL AND GAS PUMPS MARKET, BY TYPE, 2021–2028 (USD MILLION)	113 
9.3.3	BY PUMP TYPE	114 
TABLE 52	NORTH AMERICA: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	114 
9.3.4	BY APPLICATION	114 
TABLE 53	NORTH AMERICA: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	114 
9.3.5	BY COUNTRY	114 
TABLE 54	NORTH AMERICA: OIL AND GAS PUMPS MARKET, BY COUNTRY, 2021–2028 (USD MILLION)	114 
9.3.5.1	US	115 
9.3.5.1.1	Rapid shale development activities to drive market	115 
TABLE 55	US: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	115 
TABLE 56	US: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	115 
9.3.5.2	Canada	116 
9.3.5.2.1	Installation of new pipeline projects to fuel demand	116 
TABLE 57	CANADA: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	116 
TABLE 58	CANADA: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	116 
9.3.5.3	Mexico	117 
9.3.5.3.1	Increasing offshore oil and gas activities to support market growth	117 
TABLE 59	MEXICO: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	117 
TABLE 60	MEXICO: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	117 
9.4	EUROPE	118 
9.4.1	RECESSION IMPACT: EUROPE	118 
9.4.2	BY TYPE	118 
TABLE 61	EUROPE: OIL AND GAS PUMPS MARKET, BY TYPE, 2021–2028 (USD MILLION)	118 
9.4.3	BY PUMP TYPE	118 
TABLE 62	EUROPE: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	118 
9.4.4	BY APPLICATION	119 
TABLE 63	EUROPE: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	119 
9.4.5	BY COUNTRY	119 
TABLE 64	EUROPE: OIL AND GAS PUMPS MARKET SIZE, BY COUNTRY, 2021–2028 (USD MILLION)	119 
9.4.5.1	Russia	119 
9.4.5.1.1	Rising focus on building new oil and gas pipelines to support market growth	119 
TABLE 65	RUSSIA: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	120 
TABLE 66	RUSSIA: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	120 
9.4.5.2	Germany	120 
9.4.5.2.1	Ongoing midstream and downstream infrastructure development projects to boost demand	120 
TABLE 67	GERMANY: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	121 
TABLE 68	GERMANY: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	121 
9.4.5.3	France	121 
9.4.5.3.1	In-progress underwater gas pipeline projects to contribute to market growth	121 
TABLE 69	FRANCE: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	122 
TABLE 70	FRANCE: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	122 
9.4.5.4	Italy	122 
9.4.5.4.1	Significant focus on enhancing oil and gas production capacity to foster demand	122 
TABLE 71	ITALY: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	123 
TABLE 72	ITALY: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	123 
9.4.5.5	UK	123 
9.4.5.5.1	Shifting focus toward brownfield projects to accelerate demand	123 
TABLE 73	UK: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	124 
TABLE 74	UK: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	124 
9.4.5.6	Norway	124 
9.4.5.6.1	Growing oil and gas exploration and production activities to fuel demand	124 
TABLE 75	NORWAY: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	125 
TABLE 76	NORWAY: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	125 
9.4.5.7	Rest of Europe	125 
TABLE 77	REST OF EUROPE: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	126 
TABLE 78	REST OF EUROPE: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	126 
9.5	MIDDLE EAST & AFRICA	127 
9.5.1	RECESSION IMPACT: MIDDLE EAST & AFRICA	127 
9.5.2	BY TYPE	127 
TABLE 79	MIDDLE EAST & AFRICA: OIL AND GAS PUMPS MARKET, BY TYPE, 2021–2028 (USD MILLION)	127 
9.5.3	BY PUMP TYPE	128 
TABLE 80	MIDDLE EAST & AFRICA: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	128 
9.5.4	BY APPLICATION	128 
TABLE 81	MIDDLE EAST & AFRICA: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	128 
9.5.5	BY COUNTRY	128 
TABLE 82	MIDDLE EAST & AFRICA: OIL AND GAS PUMPS MARKET, BY COUNTRY, 2021–2028 (USD MILLION)	128 
TABLE 83	GCC COUNTRIES: OIL AND GAS PUMPS MARKET, BY COUNTRY, 2021–2028 (USD MILLION)	129 
9.5.5.1	GCC countries	129 
9.5.5.1.1	Saudi Arabia	129 
9.5.5.1.1.1	Significant presence of proven oil reserves to boost demand	129 
TABLE 84	SAUDI ARABIA: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	130 
TABLE 85	SAUDI ARABIA: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	130 
9.5.5.1.2	UAE	130 
9.5.5.1.2.1	Intension to become net gas exporter and provide long-term power source to fuel market growth	130 
TABLE 86	UAE: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	131 
TABLE 87	UAE: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	131 
9.5.5.1.3	Kuwait	131 
9.5.5.1.3.1	Government plan to increase oil and natural gas production in coming years to drive market	131 
TABLE 88	KUWAIT: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	132 
TABLE 89	KUWAIT: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	132 
9.5.5.1.4	Qatar	132 
9.5.5.1.4.1	Increasing production of LNG, crude oil, and petroleum products to contribute to market growth	132 
TABLE 90	QATAR: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	133 
TABLE 91	QATAR: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	133 
9.5.5.1.5	Rest of GCC countries	133 
TABLE 92	REST OF GCC COUNTRIES: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	134 
TABLE 93	REST OF GCC COUNTRIES: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	134 
9.5.5.2	Angola	134 
9.5.5.2.1	Abundance of untapped oil and gas reserves to propel demand	134 
TABLE 94	ANGOLA: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	135 
TABLE 95	ANGOLA: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	135 
9.5.5.3	Nigeria	135 
9.5.5.3.1	Presence of deepwater and ultra-deepwater reserves to fuel demand	135 
TABLE 96	NIGERIA: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	136 
TABLE 97	NIGERIA: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	136 
9.5.5.4	Rest of Middle East & Africa	136 
TABLE 98	REST OF MIDDLE EAST & AFRICA: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	137 
TABLE 99	REST OF MIDDLE EAST & AFRICA: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	137 
9.6	SOUTH AMERICA	137 
9.6.1	RECESSION IMPACT: SOUTH AMERICA	137 
9.6.2	BY TYPE	138 
TABLE 100	SOUTH AMERICA: OIL AND GAS PUMPS MARKET, BY TYPE, 2021–2028 (USD MILLION)	138 
9.6.3	BY PUMP TYPE	138 
TABLE 101	SOUTH AMERICA: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	138 
9.6.4	BY APPLICATION	138 
TABLE 102	SOUTH AMERICA: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	138 
9.6.5	BY COUNTRY	139 
TABLE 103	SOUTH AMERICA: OIL AND GAS PUMPS MARKET, BY COUNTRY, 2021–2028 (USD MILLION)	139 
9.6.5.1	Brazil	139 
9.6.5.1.1	Increasing investments in exploration and production activities to drive market	139 
TABLE 104	BRAZIL: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	139 
TABLE 105	BRAZIL: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	140 
9.6.5.2	Argentina	140 
9.6.5.2.1	Increasing focus on producing natural gas and reducing gas import to fuel demand	140 
TABLE 106	ARGENTINA: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	140 
TABLE 107	ARGENTINA: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	141 
9.6.5.3	Venezuela	141 
9.6.5.3.1	Increasing oil and gas production to support market growth	141 
TABLE 108	VENEZUELA: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	141 
TABLE 109	VENEZUELA: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	142 
9.6.5.4	Rest of South America	142 
TABLE 110	REST OF SOUTH AMERICA: OIL AND GAS PUMPS MARKET, BY PUMP TYPE, 2021–2028 (USD MILLION)	142 
TABLE 111	REST OF SOUTH AMERICA: OIL AND GAS PUMPS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	143 
10	COMPETITIVE LANDSCAPE	144 
10.1	OVERVIEW	144 
10.2	STRATEGIES ADOPTED BY KEY PLAYERS, 2019–2023	144 
10.3	MARKET SHARE ANALYSIS, 2022	145 
TABLE 112	OIL AND GAS PUMPS MARKET: DEGREE OF COMPETITION	146 
FIGURE 39	MARKET SHARE ANALYSIS OF TOP PLAYERS, 2022	146 
TABLE 113	KEY PLAYERS: BY PUMP TYPE	147 
10.4	MARKET EVALUATION FRAMEWORK	147 
TABLE 114	MARKET EVALUATION FRAMEWORK, 2019–2023	147 
10.5	SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS, 2018–2022	148 
FIGURE 40	SEGMENTAL REVENUE ANALYSIS, 2018–2022	148 
10.6	COMPETITIVE SCENARIOS AND TRENDS	149 
10.6.1	DEALS	149 
TABLE 115	OIL AND GAS PUMPS MARKET: DEALS, 2019–2023	149 
10.6.2	OTHERS	150 
TABLE 116	OIL AND GAS PUMPS MARKET: OTHERS, 2019–2023	150 
10.7	EVALUATION MATRIX OF KEY PLAYERS, 2022	150 
10.7.1	STARS	150 
10.7.2	EMERGING LEADERS	151 
10.7.3	PERVASIVE PLAYERS	151 
10.7.4	PARTICIPANTS	151 
FIGURE 41	OIL AND GAS PUMPS MARKET: EVALUATION MATRIX OF KEY COMPANIES, 2022	151 
10.7.5	KEY COMPANY FOOTPRINT	152 
TABLE 117	TYPE FOOTPRINT (17 KEY COMPANIES)	152 
TABLE 118	PUMP TYPE FOOTPRINT (17 KEY COMPANIES)	153 
TABLE 119	APPLICATION FOOTPRINT (17 KEY COMPANIES)	154 
TABLE 120	REGION FOOTPRINT (17 KEY COMPANIES)	155 
TABLE 121	OVERALL FOOTPRINT (17 KEY COMPANIES)	156 
10.8	EVALUATION MATRIX OF START-UPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES), 2022	157 
10.8.1	PROGRESSIVE COMPANIES	157 
10.8.2	RESPONSIVE COMPANIES	157 
10.8.3	DYNAMIC COMPANIES	157 
10.8.4	STARTING BLOCKS	157 
FIGURE 42	OIL AND GAS PUMPS MARKET: EVALUATION MATRIX OF START-UPS/SMES, 2022	158 
10.8.5	COMPETITIVE BENCHMARKING	159 
TABLE 122	OIL AND GAS PUMPS MARKET: LIST OF KEY START-UPS/SMES	159 
10.8.6	START-UPS/SMES FOOTPRINT	159 
TABLE 123	TYPE FOOTPRINT: (5 START-UPS/SMES)	159 
TABLE 124	PUMP TYPE FOOTPRINT: (5 START-UPS/SMES)	160 
TABLE 125	APPLICATION FOOTPRINT: (5 START-UPS/SMES)	160 
TABLE 126	REGION FOOTPRINT: (5 START-UPS/SMES)	161 
TABLE 127	OVERALL FOOTPRINT (5 START-UPS/SMES)	161 
11	COMPANY PROFILES	162 
11.1	KEY COMPANIES	162 
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* 
11.1.1	ATLAS COPCO AB	162 
TABLE 128	ATLAS COPCO AB: COMPANY OVERVIEW	162 
FIGURE 43	ATLAS COPCO AB: COMPANY SNAPSHOT	163 
TABLE 129	ATLAS COPCO AB: PRODUCTS/SERVICES/SOLUTIONS OFFERED	164 
TABLE 130	ATLAS COPCO AB: PRODUCT LAUNCHES	164 
TABLE 131	ATLAS COPCO AB: DEALS	164 
11.1.2	FLOWSERVE CORPORATION	166 
TABLE 132	FLOWSERVE CORPORATION: COMPANY OVERVIEW	166 
FIGURE 44	FLOWSERVE CORPORATION: COMPANY SNAPSHOT	167 
TABLE 133	FLOWSERVE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED	167 
TABLE 134	FLOWSERVE CORPORATION: PRODUCT LAUNCHES	168 
11.1.3	SULZER LTD	169 
TABLE 135	SULZER LTD: COMPANY OVERVIEW	169 
FIGURE 45	SULZER LTD: COMPANY SNAPSHOT	170 
TABLE 136	SULZER LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED	171 
11.1.4	KSB SE & CO. KGAA	172 
TABLE 137	KSB SE & CO. KGAA: COMPANY OVERVIEW	172 
FIGURE 46	KSB SE & CO. KGAA: COMPANY SNAPSHOT	173 
TABLE 138	KSB SE & CO. KGAA: PRODUCTS/SOLUTIONS/SERVICES OFFERED	174 
TABLE 139	KSB SE & CO. KGAA: PRODUCT LAUNCHES	174 
TABLE 140	KSB SE & CO. KGAA: OTHERS	174 
11.1.5	NIKKISO CO., LTD.	176 
TABLE 141	NIKKISO CO., LTD.: COMPANY OVERVIEW	176 
FIGURE 47	NIKKISO CO., LTD.: COMPANY SNAPSHOT	177 
TABLE 142	NIKKISO CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED	178 
11.1.6	HYDROMASHSERVICE	179 
TABLE 143	HYDROMASHSERVICE: COMPANY OVERVIEW	179 
TABLE 144	HYDROMASHSERVICE: PRODUCTS/SOLUTIONS/SERVICES OFFERED	179 
11.1.7	GARDNER DENVER	180 
TABLE 145	GARDNER DENVER: COMPANY OVERVIEW	180 
TABLE 146	GARDNER DENVER: PRODUCTS/SOLUTIONS/SERVICES OFFERED	181 
11.1.8	XYLEM	182 
TABLE 147	XYLEM: COMPANY OVERVIEW	182 
FIGURE 48	XYLEM: COMPANY SNAPSHOT	183 
TABLE 148	XYLEM: PRODUCTS/SOLUTIONS/SERVICES OFFERED	183 
11.1.9	SEEPEX GMBH	184 
TABLE 149	SEEPEX GMBH: COMPANY OVERVIEW	184 
TABLE 150	SEEPEX GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED	184 
TABLE 151	SEEPEX GMBH: PRODUCT LAUNCHES	184 
11.1.10	LEISTRITZ PUMPEN GMBH	185 
TABLE 152	LEISTRITZ PUMPEN GMBH: COMPANY OVERVIEW	185 
TABLE 153	LEISTRITZ PUMPEN GMBH: PRODUCTS/SERVICES/SOLUTIONS OFFERED	185 
11.1.11	ITT GOULDS PUMPS	186 
TABLE 154	ITT GOULDS PUMPS: COMPANY OVERVIEW	186 
TABLE 155	ITT GOULDS PUMPS: PRODUCTS/SERVICES/SOLUTIONS OFFERED	186 
TABLE 156	ITT GOULDS PUMPS: DEALS	187 
11.1.12	WILO SE	188 
TABLE 157	WILO SE: COMPANY OVERVIEW	188 
TABLE 158	WILO SE: PRODUCTS/SERVICES/SOLUTIONS OFFERED	188 
11.1.13	SCHMITT KREISELPUMPEN	189 
TABLE 159	SCHMITT KREISELPUMPEN: COMPANY OVERVIEW	189 
TABLE 160	SCHMITT KREISELPUMPEN: PRODUCTS/SERVICES/SOLUTIONS OFFERED	189 
11.1.14	TSURUMI MANUFACTURING CO., LTD.	190 
TABLE 161	TSURUMI MANUFACTURING CO., LTD.: COMPANY OVERVIEW	190 
FIGURE 49	TSURUMI MANUFACTURING CO., LTD.: COMPANY SNAPSHOT	191 
TABLE 162	TSURUMI MANUFACTURING CO., LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED	191 
11.1.15	EBARA CORPORATION	192 
TABLE 163	EBARA CORPORATION: COMPANY OVERVIEW	192 
FIGURE 50	EBARA CORPORATION: COMPANY SNAPSHOT	193 
TABLE 164	EBARA CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED	193 
11.2	OTHER PLAYERS	194 
11.2.1	TRILLIUM FLOW TECHNOLOGIES	194 
11.2.2	HALLIBURTON	194 
11.2.3	BAKER HUGHES COMPANY	195 
11.2.4	GORMAN-RUPP PUMPS	195 
11.2.5	DESIGNED & ENGINEERED PUMPS	196 
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies. 
12	APPENDIX	197 
12.1	INSIGHTS FROM INDUSTRY EXPERTS	197 
12.2	DISCUSSION GUIDE	198 
12.3	KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL	203 
12.4	CUSTOMIZATION OPTIONS	205 
12.5	RELATED REPORTS	205 
12.6	AUTHOR DETAILS	206 
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