Global Artificial Lift Market to grow at a CAGR of 4.89% during the period 2017-2025

(EstateNewsWire.com, April 02, 2018 ) Global Artificial Lift Market By Mechanism (Gas Assisted, Pump Assisted), Type (Progressive Cavity Pumps, Gas Lift, Electrical Submersible Pumps, Rod Lift), Application (Offshore, Onshore), and Regional Market Size, Status and Forecast to 2025

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. This is achieved by the use of a mechanical device inside the well or by decreasing the weight of the hydrostatic column by injecting gas into the liquid some distance down the well. Artificial lift can be used to generate flow from a well in which no flow is occurring or used to increase the flow from a well to produce at a higher rate.

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Key players such as GE Oil & Gas, National Oilwell Varco, Weatherford Plc, Halliburton, Dover Corp., and Schlumberger Limited dominated the market in 2017 with their emphasis on expanding the market presence through mergers and acquisitions.

This report includes data collected from market leaders across the value chain and has been evaluated in detail. Considering various sections of the report, information on the growth of this particular market during the mentioned forecast period is stated in detail. Drivers, constraints, trends, impact and development are one of the many key parts of the report.

Market Dynamics:
1. Market Drivers
1.1 Redevelopment of mature fields
1.2 Rising heavy oil production
1.3 Growing shale gas production
2. Market Restraints
2.1 Incorporation of artificial lift in horizontal wells
2.2 Lack of skilled workforce

Analysis tools such as SWOT analysis and Porter’s five force model have been inculcated in order to present a perfect in-depth knowledge about Artificial Lift market. Ample graphs, tables, charts are added to help have an accurate understanding of this market. The Artificial Lift market is also been analyzed in terms of value chain analysis and regulatory analysis.

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Research Methodology:
Research study on the Global Artificial Lift Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

Table Of Content

1 INTRODUCTION OF GLOBAL ARTIFICIAL LIFT MARKET

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY

4 GLOBAL ARTIFICIAL LIFT MARKET OUTLOOK

5 GLOBAL ARTIFICIAL LIFT MARKET , BY MECHANISM

6 GLOBAL ARTIFICIAL LIFT MARKET , BY TYPE

7 GLOBAL ARTIFICIAL LIFT MARKET , BY APPLICATION

8 GLOBAL ARTIFICIAL LIFT MARKET , BY GEOGRAPHY

9 GLOBAL ARTIFICIAL LIFT MARKET COMPETITIVE LANDSCAPE

10 COMPANY PROFILES

11 Appendix

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