openPR Logo
Press release

Artificial Lift Systems Market to Grow at a CAGR of 8.10% to 2021 with Automation and Remote Technology

03-19-2018 06:06 AM CET | IT, New Media & Software

Press release from: ReportsWeb

ReportsWeb

ReportsWeb

Artificial lift is a method used to lower the producing bottom-hole pressure on the formation to obtain a higher production rate from wells. This can be done using positive displacement downhole pumps, such as ESP, RLP, and PCP that lower the flowing pressure at the pump intake. The global artificial lift systems market is segmented based on type, namely ESP, RLP, PCP, and other pump systems.

Publisher's analysts forecast the global artificial lift systems market to grow at a CAGR of 8.10% during the period 2017-2021.

Free| Request sample copy @ http://www.reportsweb.com/inquiry&RW0001859340/sample

The increase in the demand for oil and natural gas is also heavily driven by rising transportation needs and the increase in global population as most of the developing countries are heavily dependent on oil and gas resources. This increase in the demand for oil and natural gas will drive the growth of the artificial lift systems market. The increasing use of automation and remote technology is one of the latest trends that will gain traction in the artificial lift systems market in the coming years.

Key vendors
- Baker Hughes
- Dover Artificial Lift
- Halliburton
- Schlumberger
- Weatherford

Other prominent vendors
- Borets
- Compass Oil and Gas Solutions
- Flotek Industries
- General Electric
- Gulf Coast Pump & Supply
- Cameron International
- Lycon
- National Oilwell Varco

Have any query? Enquire about report @ http://www.reportsweb.com/inquiry&RW0001859340/buying

Market driver
- Growing demand for oil and natural gas

Market challenge
- High maintenance cost

Market trend
-Increasing use of automation and remote technology

Fundamentals of Table of Content:

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles

Complete report is available @ http://www.reportsweb.com/global-artificial-lift-systems-market-2017-2021

About ReportsWeb:

ReportsWeb.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

Contact Us:
Call: +1-646-491-9876
Email: sales@reportsweb.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 to Grow at a CAGR of 8.10% to 2021 with Automation and Remote Technology here

News-ID: 982525 • Views:

More Releases from ReportsWeb

North America: Smart Airport Market Overall Study Report 2020-2026| Amadeus IT Group S.A., Cisco, Honeywell, IBM, QinetiQ Group Plc, Sabre Corporation, Siemens ,Rockwell Collins Inc, Thales Group and T Systems International GmbH
North America: Smart Airport Market Overall Study Report 2020-2026| Amadeus IT G …
The "Global North America Smart Airport Market: 2020" Industry Report is a professional and in-depth study on the current state of the North America Smart Airport Market by PMR. The North America Smart Airport market is supposed to demonstrate a considerable growth during the forecast period of 2020 - 2026. The company profiles of all the key players and brands that are dominating the market have been given in this
Marine Biotechnology Market Future Forecast 2018-2026 by Leading Companies such as BASF, Abbott Laboratories, Lonza Group, Nofima, Aker Biomarine, Cyanotech Corporation, New England Biolabs, GlycoMar, Pharmamara, Nutrex Hawaii Incorporated, Marinova, Fmc
Marine Biotechnology Market Future Forecast 2018-2026 by Leading Companies such …
ReportsWeb.com has announced the addition of the “Marine Biotechnology-Global Market Outlook 2017-2026” The report classifies the global Marine Biotechnology Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. According to Publisher, the Global Marine Biotechnology Market is accounted for $3.93 billion in 2017 and is expected to reach $8.74 billion by 2026 growing at a CAGR of 9.3% during
Anti-Counterfeiting Packaging Market Growth Opportunities and Emerging Trends by Analysis of Key Vendors like Alien Technology, 3M Company, Acg Pharmapack, Advanced Track & Trace, AlpVision S.A., Angstrom Technologies, Atlantic Zeiser, TruTag Technologies
Anti-Counterfeiting Packaging Market Growth Opportunities and Emerging Trends by …
ReportsWeb.com has announced the addition of the “Anti-Counterfeiting Packaging-Global Market Outlook 2017-2026” The report classifies the global Anti-Counterfeiting Packaging Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. According to Publisher, the Global Anti-Counterfeiting Packaging Market is accounted for $112.16 billion in 2017 and is expected to reach $427.96 billion by 2026 growing at a CAGR of 16.0% during
Solar Photovoltaic in Italy Market Outlook to 2030 | Company Profiles (Tozzi Holding, Silver Ridge Power, RTR Capital, Mitsubishi Corporation, Etrion Corporation)
Solar Photovoltaic in Italy Market Outlook to 2030 | Company Profiles (Tozzi Hol …
Solar Photovoltaic (PV) in Italy, Market Outlook to 2030, Update 2018-Capacity, Generation, Investment Trends, Regulations and Company Profiles Summary "Solar Photovoltaic (PV) in Italy, Market Outlook to 2030, Update 2018-Capacity, Generation, Investment Trends, Regulations and Company Profiles", is the latest report from Publisher, the industry analysis specialists that offer comprehensive information and understanding of the Solar Photovoltaic (PV) market in Italy. The report provides in depth analysis on global renewable power market and

All 4 Releases


More Releases for Key

Marine Radio Market Key Vendors, Key Segment, Key Companies, Growth Opportunitie …
The demand for broadband connections, mobile satellite services, mobile satellite communications, and very-small-aperture terminal (VSAT) connectivity worldwide are all expected to increase over the forecast period, which will benefit the global marine communication market. Various applications, including fishing boats and vessels, merchant ships, recreational boats, working boats, and others, are catered to by marine communication solutions. Demand is anticipated to increase in the coming years due to the growing need
Smartwatch Market Key Trends, Key Segment, Key Demand and Forecast 2031
Global Smartwatch Market: Snapshot Smart watches are touted as next generation wearable device as they gradually eat into the market share of their indigenous counterparts. With rapid advances in technology and nonstop innovations, smartwatches pose significant threat to personal devices and watches industries. Furthermore, with the advent of 3G and 4G enabled smartwatches, which are available in varying watch faces, has stoked their salability. Furthermore, breakthroughs in artificial intelligence, meaning learning, and
Bluetooth Speakers Market Size And Forecast | Key Player I, Key Player II, Key P …
New Jersey, United States - The research study offers an in-depth assessment of the Bluetooth Speakers Market and helps market players to gain a foothold in the industry. It highlights critical market dynamics such as drivers, restraints, trends, and opportunities to help businesses prepare for the challenges ahead. It provides a regional analysis of the Bluetooth Speakers market to uncover major opportunities available in different parts of the world. The
Smart Governments Market Size And Forecast | Key Player I, Key Player II, Key Pl …
New Jersey, United States - The research study offers an in-depth assessment of the Smart Governments Market and helps market players to gain a foothold in the industry. It highlights critical market dynamics such as drivers, restraints, trends, and opportunities to help businesses prepare for the challenges ahead. It provides a regional analysis of the Smart Governments market to uncover major opportunities available in different parts of the world. The
USA Identity & Access Management Market Size And Forecast | Key Player I, Key Pl …
New Jersey, United States - The research study offers an in-depth assessment of the USA Identity & Access Management Market and helps market players to gain a foothold in the industry. It highlights critical market dynamics such as drivers, restraints, trends, and opportunities to help businesses prepare for the challenges ahead. It provides a regional analysis of the USA Identity & Access Management market to uncover major opportunities available in
Biobanks Market Key Trends, Key Segment, Key Demand and Forecast 2025
Global Biobanks Market: Overview The global biobanks market owes its conception to the rising need for replacement organs and the steady advancement in the replacement and transfusion technologies regarding a number of bodily substances. Though the technology and need to store organs and other bio-entities had been available for a long time, the global biobanks market took on a more important role in the healthcare sector following the increasing research in