Artificial Lift Market Research Report - Forecast to 2022

1. Artificial Lift Market Research Report - Forecast to 2022 Market research future published a raw research report Global Fuel Management System Market that contains the information from 2017 to 2023. The Global Fuel Management System Market is expected to grow with the CAGR of more than 4% from 2017 to 2023 Market Highlights Artificial Lift Market is expected to grow with the CAGR of about 7% from 2016 to 2022. For the Global Artificial Lift market drivers are increased unconventional oil & gas production, declining reservoirs, and growing number of mature fields. However, strict government regulations environmental concerns are constraining the growth of the artificial lift market. The recent decline in oil prices is estimated to increase the demand for production focused services such as pressure pumping, artificial lift and enhanced oil recovery; as the focus has shifted entirely towards production optimization as comparison to drilling services. Consequently, artificial lifts are expected to experience a rise in demand from owner-operators, independent E&P companies, and other industry stakeholders. Key Players The key players of global fuel management system market are  OPW Fuel Management Systems (U.S),  The Triscan Group (U.K),  Piusi S.p.a. (Italy),  Franklin Fueling Systems (U.S),  Timeplan Fuel Solutions (U.K),  Guduza System Technologies (South Africa),  Banlaw (Australia),  Wayne Fueling Systems LLC (U.S),  Sokolis Group (U.S)  Orpak Systems Ltd. (Israel). Get Sample Report @ https://www.marketresearchfuture.com/sample_request/961 Key Findings The key findings of the report “Global Artificial Lift Market includes:  Increasing focus towards production optimization, and growing number of mature oil fields are major factors driving the growth of the artificial lift market Tel: +1-646-845-9349 sales@marketresearchfuture.com

2.  Strict government regulations and environmental issues associated with the oil and gas production is inhibiting the growth of the artificial lift market  Geographically, North America has the largest share in global artificial lift market and is also expected to be the fastest growing region  Based on the type, electric submersible pumps have the largest market share in the artificial lift market. North America and Europe regions dominated the Artificial Lift Market in 2015 Geographically, North America accounts for the largest share in the artificial lift market in 2015. It is also expected to provide immense growth potential due to the presence of recoverable shale oil and gas resources in this region. Also, the increase in tight oil production is boosting the demand for artificial lift in the region. European region held the second largest share within the artificial lift market, and is expected to grow at a moderate pace due to large number of offshore wells. Asia-Pacific region is projected to be the second fastest growing market. Artificial Lift Market: 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. Access Report Detail @ https://www.marketresearchfuture.com/reports/global-artificial-lift- market-961 The reports also covers brief analysis of Geographical Region includes: North America  US  Canada Europe  Germany  France  Italy  Spain  UK Tel: +1-646-845-9349 sales@marketresearchfuture.com

3. Rest of Europe Asia – Pacific  China  India  Japan  Australia/New Zealand  Rest of Asia-Pacific Latin America  Brazil  Others Middle East & Africa About Market Research Future:  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 Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Email: sales@marketresearchfuture.com Tel: +1-646-845-9349 sales@marketresearchfuture.com