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Artificial Lift Market Research based on Studies 2017, Forecast till 2021

The report "Artificial Lift Market by Type (Electrical Submersible Pumps, Rod Lift, Progressive Cavity Pumps, Gas Lift, and Others), Mechanism (Pump Assisted and Gas Assisted), Application (Onshore and Offshore), and Region - Global Forecasts to 2021", The artificial lift market is expected to grow from an estimated USD 7.62 Billion in 2016 to USD 9.69 Billion by 2021, at a CAGR of 4.91%. The global market is set to witness significant growth, due to the increasing production of heavy oil and shale gas. Increasing shale gas production is due to huge shale gas reserves in the Americas and the Asia-Pacific.<br>

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Artificial Lift Market Research based on Studies 2017, Forecast till 2021

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  1. Artificial Lift Market Research based on Studies 2017, Forecast till 2021 www.MarketsandMarkets.com

  2. The report "Artificial Lift Market by Type (Electrical Submersible Pumps, Rod Lift, Progressive Cavity Pumps, Gas Lift, and Others), Mechanism (Pump Assisted and Gas Assisted), Application (Onshore and Offshore), and Region - Global Forecasts to 2021", The artificial lift market is expected to grow from an estimated USD 7.62 Billion in 2016 to USD 9.69 Billion by 2021, at a CAGR of 4.91%. The global market is set to witness significant growth, due to the increasing production of heavy oil and shale gas. Increasing shale gas production is due to huge shale gas reserves in the Americas and the Asia-Pacific. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=879

  3. The onshore segment is expected to hold the largest share of the artificial lift market, by application, during the forecast period The onshore segment led the artificial lift market in 2015 and is expected to grow at the fastest rate during the forecast period, owing to the increasing demand for artificial lift systems across the globe. This segment is primarily driven by rising production from unconventional sources, and is expected to create new revenue pockets for the artificial lift market during the forecast period. Pump assisted to be the largest segment in the artificial lift market With regard to the mechanism segment, pump assisted artificial lift mechanisms are expected to be the largest market in 2016. The pumps are used to increase bottom hole pressure of the tubing string in order to lift a sufficient amount of fluid to the surface. The pump assisted mechanism is categorized into positive displacement and dynamic displacement segments. The dynamic displacement segment is the fastest growing segment within the pump assisted artificial lift market. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=879

  4. Browse >> 68 market data tables 53 figures 143 pagesand in-depth TOC on “Artificial Lift Market” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  5. North America: The leading market for artificial lift In this report, the artificial lift market has been analyzed with respect to five regions, namely, North America, Europe, Asia-Pacific, South & Central America, and the Middle East & Africa. North America is expected to dominate the global artificial lift market, given the increasing shale gas production in U.S. and large number of mature oil fields in the region. To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the artificial lift market. These players include Schlumberger Limited (U.S.), Weatherford International plc (Switzerland), Baker Hughes Incorporated (U.S.), General Electric Company (U.S.), and Halliburton Company (U.S.). Leading players are trying to penetrate the markets in developing economies, and are adopting various strategies to increase their market share. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=879

  6. Target Audience: • Artificial lift equipment manufacturers • Oilfield service companies • Private E&P companies • National Oil Companies (NOCs) • Government and research organizations • National and local government organizations • Institutional investors • Drilling contractors and production planning consultancies • Associations ( American Petroleum Institute and Canadian Association of Petroleum Producers among others) • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=879

  7. Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the market. These include • Schlumberger Limited • Weatherford International PLC • Baker Hughes Incorporated • General Electric Company • Halliburton Company • National Oilwell Varco, Inc. • Borets International Limited • Dover Corporation • Flotek Industries, Inc. • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=879

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 UK : 44-800-368-9399Email: sales@marketsandmarkets.com

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