Press release
Artificial Lift Systems Market Share, Trends, Size, Research and Forecast 2019-2025
The rise in industrialization coupled with manufacturing industries in emerging economies such as India, China, Brazil, and others further provides significant growth opportunities to the artificial lift systems market. The abundance of economic labor has made the emerging economies an attractive destination for investment considering the low-cost labor and improved infrastructure for manufacturing companies. China’s manufacturing industry is growing at a much faster pace than any other economies. Announced in 2015, the “Made in China 2025” is one of the most lucrative projects, aimed at increasing competitiveness of Chinese manufacturing industries such as electronics and automotive, among others.A full report of Artificial Lift Systems Market is available at: https://www.omrglobal.com/industry-reports/artificial-lift-systems-market
The goal of the project was to foster Chinese brands, boost innovation and reduce the country’s reliance on foreign technology by making the nation a major or dominant global manufacturer of various technologies. This initiative is aimed to transform China from a manufacturing giant to global manufacturing power by 2049. For instance, China plans to achieve 40.0% of domestically manufactured basic components and basic materials by 2020 and 70.0% by 2025. However, the plan is recently revised in January 2018, according to which China is aimed to become the global leading manufacturer of telecommunication, railway, and electrical power equipment by 2025. This initiative will increase the adoption of automated systems in the manufacturing of automotive parts in the country in the near future that further provide a significant opportunity to the market growth.
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/artificial-lift-systems-market
Moreover, India is expected to be among the fastest-growing economies globally among all the major economies during the forecast period. Cohesive government initiatives are also playing a key role in the growth of these industries such as reduction of corporate tax on companies, ‘Make in India’ campaign and so on. Due to such initiatives, the country has jumped the World Bank’s Ease of Doing Business to 63 in 2019 from 142 in 2014.
These improvements can motivate foreign companies and foreign venture capitalists to invest more in the country. In the Energy & Power sector, the country is one of the largest consumers all across the globe. The oil imports of the country were near to $87 billion in 2017-18 as compared to $70 billion in 2016-17. The import increased to $112 billion in 2018-19. The country remains the third-largest consumer of oil in with 4.69 million barrels per day in 2017 as compared to 4.56 million barrels per day in 2016. Moreover, the country was the fourth-largest importer of LNG in 2017. Therefore, in these economies, the growing manufacturing sector coupled with rapid industrialization further provides significant growth opportunity for artificial lift systems market.
Global Artificial Lift Systems Market Segmentation
By Product Type
• Gas Lift
• Rod LIft
• Electrical Submersible Pump (ESP)
• Progressive Cavity Pump (PSP)
By Application
• Offshore
• Onshore
By Technology
• Pump Assisted
• Gas Assisted
For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/artificial-lift-systems-market
Global Artificial Lift Systems Market – Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• Apergy Corporation
• AccessESP
• Baker Hughes Co. (General Electric Co.)
• Borets International
• Camco
• DistributionNOW
• Epic Lift Systems
• Halliburton Energy Services, Inc.
• JJ Tech
• MiddleEast Oilfield Services
• Maktoom LLC
• National Oilwell Varco (NOV)
• Novomet Group
• OILSERV
• PCM Artificial Lift Solutions Inc.
• Production Lift Companies
• Priority Energy LLC
• Schlumberger Ltd.
• Valiant Artificial Lift Solutions
• Weatherford International plc
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
For More Information, Visit https://www.omrglobal.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Artificial Lift Systems Market Share, Trends, Size, Research and Forecast 2019-2025 here
News-ID: 2211017 • Views: …
More Releases from Orion Market Research

Road Marking Paint Market : A Guide to Understanding the Process
The Road Marking Paint Market, valued at approximately USD 5.02 billion in 2023, is projected to reach around USD 7.69 billion by 2033, growing at a compound annual growth rate (CAGR) of 4.36% from 2024 to 2033.
Road Marking Paint Market Overview
The Road Marking Paint Market is steadily expanding, driven by burgeoning infrastructure investments and the need for improved road safety. Governments and municipalities are increasingly allocating funds toward both new…

Outboard Boat Market Size Analysis, Competitive Insights, Leading Players and Gr …
The Outboard Boats Market, valued at approximately USD 5.74 billion in 2023, is projected to grow to around USD 14 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 9% over the 2024-2033 period.
Outboard Boat Market Overview
The Outboard Boat Market continues to expand robustly, fueled largely by rising demand for recreational boating, favorable economic conditions, and the appeal of leisure marine activities. Innovations in outboard motor technology-including…

Mobile Ticketing Market Size Analysis, Competitive Insights, Leading Players and …
The Mobile Ticketing Market, valued at about USD 2.9 billion in 2023, is anticipated to grow to approximately USD 11.39 billion by 2033, reflecting a robust CAGR of 16.7% from 2024 to 2033.
Mobile Ticketing Market Overview
The Mobile Ticketing Market is undergoing rapid expansion, driven primarily by the global surge in smartphone usage and consumer preference for contactless, digital experiences. This growth is further propelled by widespread adoption of digital payments,…

Metal Alloy Market Size Analysis, Competitive Insights, Leading Players and Grow …
The Metal Alloy Market, valued at approximately USD 301.7 billion in 2023, is projected to reach USD 533.9 billion by 2033, growing at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2033.
Metal Alloy Market Overview
The Metal Alloy Market is experiencing steady, long-term expansion, driven by growing demand from key sectors such as automotive, aerospace, construction, and electronics. Applications in next-generation vehicles and aircraft are pushing interest in…
More Releases for Lift
Detachable Lift Market
The global detachable lift market databook report is a comprehensive and important source of information that provides critical insights into many aspects of the detachable lift industry. It examines all key participants, including Leitner Poma , Nippon Cable , Kashiyama Industries , Doppelmayr Seilbahnen GmbH , MND Group , LEITNER Ropeways , Anzen Sakudo , Bartholet Maschinenbau , TATRALIFT , Tokyo Cableway, and places a strong emphasis on competitive analysis…
Hydraulic Scissor Lift - Manufacturer and Supplier of Stationary Scissor Lift & …
Hydraulic Scissor Lift
The Company is one of the front Runner in Manufacturing Hydraulic Scissor Lift in India With an ISO 9001-2015 Certification. The core focus of the company lies in superior quality and excellent customer services. With Best Design Easiest To Setup In Any Industry.
Technovision is one of the Leading Manufacturer, Supplier & Exporters of a wide range of products which include Hydraulic Scissor Lift such as Electro Hydraulic Scissor Lift, High Raised Hydraulic Scissor Lift,…
Automotive Multifunctional Lift Systems Market Key players Dannmar Equipment, Ko …
Introduction
Automotive vehicles, in recent years, have become a necessary household entity rather than being a luxury as previously in the past. Rising living standards, rural and urban development, growth in disposable income has lead demand for automobiles to grow significantly over the past years. With high growth in automobile sales, the automotive maintenance, repairing and servicing sector is also expected to expand at a high growth rate over the forecast…
Global Plunger Lifts Market 2018 Analysis -Integrated Production Services (IPS), …
Plunger Lifts are artificial lift methods that offers an economical and established technique for removing liquids form aging gas wells while minimizing gas losses and methane emissions.
According to this study, over the next five years the Plunger Lifts market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents…
Stair Lift Market 2024 | Prism U.K. Medical Limited HIRO LIFT Symax Lift (China) …
Stair Lift Market Overview:
A stairlift is used for transporting people over stairway who are unable or have problem with climbing the stairs. Such lifts are normally used by elderly people or patients. The stairlifts are installed on rails which are either straight or curved. A stairlift is typically an assembly of rail, seat and motor (A.C.or D.C). In terms of application, straight stair lift is used for single floor or…
(AWP) Aerial Work Platform Rental Market 2024 Growth & Regional Revenue By Top P …
(AWP) Aerial Work Platform Rental Market is expected to exceed USD 24 billion by 2024. Increasing investments for the construction of infrastructures such as such as manufacturing facilities, airports, power plants, and roadways are expected to drive the AWP rental market during the forecast timeline.
In addition, various government initiatives focusing on improving the existing infrastructures further contribute towards the demand. With an increase in the number of accidents due to…