Canada Pump Jack Market Size & Outlook, 2025-2030
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Canada pump jack market highlights
- The Canada pump jack market generated a revenue of USD 130.5 million in 2024 and is expected to reach USD 167.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.3% 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 2024 | USD 130.5 million |
| Market revenue in 2030 | USD 167.0 million |
| Growth rate | 4.3% (CAGR from 2025 to 2030) |
| Largest segment | Vertical well |
| Fastest growing segment | Vertical Well |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vertical Well, Horizontal Well |
| Key market players worldwide | Schlumberger 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, Canada accounted for 3.7% 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 North America, U.S. pump jack market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 134.3 million by 2030.
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Pump Jack Market Scope
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 |
Canada 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 62.3% in 2024. Horizon Databook has segmented the Canada 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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Our clientele includes a mix of pump jack market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada pump jack market , including forecasts for subscribers. This country databook contains high-level insights into Canada pump jack market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada Well Type - Pump Jack Market size, 2024 - 2030 (US$M)
Canada Pump Jack Market Outlook Share, 2024 & 2030 (US$M)
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