Pumpjacks Market Share

Pumpjacks Market Share

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Pumpjacks industy seem to be consolidated in nature due to presence of local and global players across the globe. In 2023, the market players such as Weatherford International, Schlumberger Limited, National Oilwell Varco, Inc., General Electric Company, Dover Corporation, Borets International Limited, Tenaris S.A. and Lufkin Industries LLC  collectively held around 15%-20% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.
 

Pumpjacks Market Companies

Major players operating in the pumpjacks industry are:

• Baker Hughes Company
• Borets International Limited
• Canadian Advanced ESP Inc.
• Cavins Oil Well Tools
• Dover Corporation
• FMC Technologies Inc.
• Gardner Denver Holdings Inc.
• General Electric Company
• Halliburton Company
• Lufkin Industries LLC
• National Oilwell Varco, Inc.
• Occidental Petroleum Corporation
• Schlumberger Limited
• Tenaris S.A.
• Weatherford International