Global Artificial Lift Market overview:

Global Artificial Lift Market to reach USD 13.56 billion by 2025.

The Global Artificial Lift Market valued approximately USD 8.9 billion in 2017 is anticipated to grow with a healthy growth rate of more than 5.40% over the forecast period 2018-2025.

Available Exclusive Sample Copy of this Report @ https://www.businessindustryreports.com/sample-request/114615 .

Artificial Lift Market Increasing demand of energy across the world, improving production efficiency at the mature fields and increasing deep & ultra-deep offshore oil production are the major driving factors of the artificial lift market. The major restraining factor that negatively impact the artificial lift market are lack of skilled workers and high costs of artificial lift equipment.

Artificial lift refers to the use of artificial means to increase the flow of liquids, such as crude oil or water, from a production well. Generally this is achieved by the use of a mechanical device inside the well (known as pump or velocity string) or by decreasing the weight of the hydrostatic column by injecting gas into the liquid some distance down the well.

 The artificial lifts have applications in the oil and gas industry to increase the oil production from reservoirs. In 2015, the Global artificial lift system market generated revenue of $16,449 million, moreover, due to increase in demand of energy across the world in conjunction with the improving production efficiencies at mature fields, the market revenue is to reach $34,569 million through 2022.

 Regionally, North America is the leading region across the world in terms of market share highest revenue generating region valued at $6092 million in 2015. Whereas, owing to the countries such as China, Japan, and India in Asia Pacific region is anticipated to exhibit higher growth rate over the forecast period 2018-2025 as well as leading largest revenue generating region by 2022. Ever rising population in the countries such as India and China are fueling the requirement of the oil and gas in this region along with increasing population.

Purchase this report online with 112 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Artificial Lift Market Report 2018” @ https://www.businessindustryreports.com/buy-now/114615/single .

Major Key Players:

1 General Electric Company

2 Man Diesel and Turbo SE

3 Ebara Corporations

4 Solar Turbine Inc.

5 Ariel Corporations

6 Neuman and Asser Group

7 Hitachi Ltd

8 Burckhardt Compression Holding AG

9 Route Mobile Ltd

10 DIMOCO and More……….

Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 Asia Country (China, Japan, India)

3 Europe Country (Germany, UK)

4 Latin America (Brazil, Mexico)

5 Rest of the world (RoW)

Grab Your Report at an Impressive Discount @https://www.businessindustryreports.com/check-discount/114615 .

Table of Contents:

Global Artificial Lift Market Report 2018

1 Executive Summary

2 Artificial Lift Definition and Scope

3 Artificial Lift Dynamics

4 Artificial Lift Industry Analysis

5 Artificial Lift, by Type

6 Artificial Lift, by Component

7 Artificial Lift, by Regional Analysis

8 Competitive Intelligence

9 Research Process

About us

BusinessindustryReports.com is digital database of comprehensive market reports for global industries. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined – we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.

Media Contact

Business Industry Reports

Pune – India

[email protected]

+19376349940