Press release
Global Hps Horizontal Surface Pumps market is Presume to reach US$ 530 Mn by 2025
The global Horizontal Surface Pumps market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research’s latest publication, titled “Global HPS (Horizontal Surface Pumps) Competition, Forecast & Opportunities 2019 ”, offers an insightful take on the drivers and restraints present in the market. It assesses the historical data pertaining to the global Horizontal Surface Pumps market and compares it to the current market trends to give the readers a detailed analysis of the trajectory of the market. A team subject-matter experts have provided the readers a qualitative and quantitative data about the market and the various elements associated with it.HPS (Horizontal Surface Pumps) include a pump at the surface to send the power fluid down hole, a gas, diesel or electric engine to drive the pump, and a system for storing, treating and delivering the power fluid (produced oil or water) for use by the down hole pump .
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The global consumption of HPS products rises up from 2301 units in 2011 to 2676 units in 2015, with an average annual growth rate of 4.08%. At the same time, the revenue of world HPS sales market has a leap from 389.45 million dollar to 427.44 million dollar. The reason causes this increase is the growing demand for the HPS products, which is the outcome of the downstream industries are in a good situation.
The global HPS (Horizontal Surface Pumps) market is valued at 420 million US$ in 2018 is expected to reach 530 million US$ by the end of 2025, growing at a CAGR of 3.0% during 2019-2025.
The following Companies as the Key Players in the Global Horizontal Surface Pumps Market Research Report:
Schlumberger, GE(Baker Hughes), Canadian Advanced ESP, Borets, Weatherford, Novomet, Dover, National Oilwell Varco, SPI, HOSS, Summit ESP
Segment by Type
Under 100 HP, 100-600 HP, Above 600 HP
Segment by Application
Industrial, Oil & Natural Gas, Mining
Regions Covered in the Global Horizontal Surface Pumps Market:
The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
The scope of the Report:
The report segments the global Horizontal Surface Pumps market on the basis of application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritties of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also address political scenarios that are expected to impact the market in both small and big ways.
The report on the global Horizontal Surface Pumps market examines changing regulatory scenario to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.
Strategic Points Covered in TOC:
Chapter 1: Introduction, market driving force product scope, market risk, market overview, and market opportunities of the global Horizontal Surface Pumps market
Chapter 2: Evaluating the leading manufacturers of the global Horizontal Surface Pumps market which consists of its revenue, sales, and price of the products
Chapter 3: Displaying the competitive nature among key manufacturers, with market share, revenue, and sales
Chapter 4: Presenting global Horizontal Surface Pumps market by regions, market share and with revenue and sales for the projected period
Chapter 5, 6, 7, 8 and 9: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions
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