Argentina Pump Jack Market Size & Outlook, 2025-2030

The pump jack market in Argentina is expected to reach a projected revenue of US$ 85.0 million by 2030. A compound annual growth rate of 5.5% is expected of Argentina pump jack market from 2025 to 2030.
Revenue, 2024 (US$M)
$61.5
Forecast, 2030 (US$M)
$85.0
CAGR, 2025 - 2030
5.5%
Report Coverage
Argentina

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Argentina pump jack market, 2018-2030 (US$M)

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Argentina pump jack market highlights

  • The Argentina pump jack market generated a revenue of USD 61.5 million in 2024 and is expected to reach USD 85.0 million by 2030.
  • The Argentina market is expected to grow at a CAGR of 5.5% from 2025 to 2030.
  • In terms of segment, vertical well was the largest revenue generating well type in 2024.
  • Vertical Well is the most lucrative well type segment registering the fastest growth during the forecast period.

Pump jack market data book summary

Market revenue in 2024USD 61.5 million
Market revenue in 2030USD 85.0 million
Growth rate5.5% (CAGR from 2025 to 2030)
Largest segmentVertical well
Fastest growing segmentVertical Well
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationVertical Well, Horizontal Well
Key market players worldwideSchlumberger Ltd, Halliburton Co, Weatherford International PLC Ordinary Shares - New, NOV Inc, Hess Corp, Bharat Heavy Electricals, Tenaris SA

Other key industry trends

  • In terms of revenue, Argentina accounted for 1.8% of the global pump jack market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil pump jack market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 143.5 million by 2030.

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Pump Jack Market Companies

Name Profile # Employees HQ Website
Sivam View profile 11-50 Spoltore, Abruzzi, Italy, Europe https://www.sivam.com
Penguin Petroleum Services View profile 101-250 Mumbai, Maharashtra, India, Asia https://www.penguinpetro.com
Bharat Heavy Electricals View profile 10001+ New Delhi, Delhi, India, Asia http://www.bhel.com
Hess Corp View profile 1756 1185 Avenue of the Americas, New York, NY, United States, 10036 https://www.hess.com
Tenaris SA View profile 29134 26, Boulevard Royal, 4th Floor, Luxembourg, Luxembourg, L-2449 https://www.tenaris.com
NOV Inc View profile 33676 10353 Richmond Avenue, Houston, TX, United States, 77042-4103 https://www.nov.com
Weatherford International PLC Ordinary Shares - New View profile 18500 2000 Street James Place, Houston, TX, United States, 77056 https://www.weatherford.com
Halliburton Co View profile 49000 3000 North Sam Houston Parkway East, Houston, TX, United States, 77032 https://www.halliburton.com
Schlumberger Ltd View profile 111000 5599 San Felipe, 17th Floor, Houston, TX, United States, 77056 https://www.slb.com

Argentina pump jack market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pump jack market will help companies and investors design strategic landscapes.


Vertical well was the largest segment with a revenue share of 67.97% in 2024. Horizon Databook has segmented the Argentina pump jack market based on vertical well, horizontal well covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina pump jack market , including forecasts for subscribers. This country databook contains high-level insights into Argentina pump jack market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Argentina Well Type - Pump Jack Market size, 2024 - 2030 (US$M)

Argentina Pump Jack Market Outlook Share, 2024 & 2030 (US$M)

Argentina Well Type - Pump Jack Market size, 2024 - 2030 (US$M)

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