Press release
Artificial Lift Market Growth by Leading International Top Key Players: Baker Hughes, Borets, Cameron International, Dover Corporation, GE Oil & Gas, Halliburton, John Crane, National Oilwell Varco, Schlumberger
The global artificial lift market is growing due to decline in oil reservoirs, increase in shale oil and gas production. The recent decline in oil prices is also estimated to increase the demand for production focused services such as pressure pumping, artificial lift and enhanced oil recovery in comparison to drilling services. The unconventional production has transformed the oil and gas industry in North America over the last decade. The tight oil production in U.S. has pushed its crude oil supply to over 10% of world total. There are different types of artificial lifts which include rod lift, electric submersible pumps, progressive cavity pumps, gas lift and others. The Artificial lift Market is projected to grow at a high CAGR of around 7% during the forecast period.
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Industry Major Key Players:-
The major key player in global CCS market are Fluor Corporation (U.S.), Cansolv Technologies Inc (Canada), Dakota Gasification Company (U.S.), Aker Solutions (U.S.), Japan CCS (Japan), NRG Energy (U.S.), The Linde Group (Germany), Chevron Corporation (U.S.), Climeworks AG (Switzerland), and Shell (U.S.). They are highly capable to offer the finest service in the market.
Study Objectives of Artificial Lift Market:-
• To provide detailed analysis of the market structure along with forecast for the next 6 years of the various segments and sub-segments of the Global Artificial Lift Market
• To analyze and provide insights about factors affecting the market growth
• To Analyze the Global Artificial Lift Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to respect to regions and their respective key countries
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segments by type, and by region
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To be Continued.......
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Market Research Analysis:
Increasing focus towards production optimization, and growing number of mature oil fields are major driving factors for the artificial lift market. North America held the largest share within the global Artificial Lift Market expected to be the dominant market during he forecast period as well. Electric submersible pumps contribute a major part within the global artificial lift market as compared to other lift types.
Intended Audience:-
• Submersible Pump manufacturing companies
• Oil & gas service providers
• Oil & gas industry Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities
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Market Research Future
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:-
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
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