Construction & Manufacturing

Global Artificial Lift Pumps Market 2014-2018

  • TEC17802
  • 66 Pages
  • March 2014
  • Construction & Manufacturing
About Artificial Lift Pumps
An artificial lift pump is a system installed in oil wells to increase the pressure within the reservoir and encourage oil to travel to the surface. When there is insufficient natural force inside the well to push the oil to the surface, artificial lift pumps are used to pump out the oil. Globally, more than 70 percent of oil wells have lost the natural pressure inside them and are in their mature phase. Hence, they require artificial lift pumps to extract oil to meet the growing demands of the market.
Technavios analysts forecast the Global Artificial Lift Pumps market will grow at a CAGR of 9.08 percent over the period 2013-2018.
Covered in this Report
The Global Artificial Lift Pumps market can be categorized into seven segments based on technology: electrical submerged pumps, gas lift pumps, hydraulic lift pumps, plunger lift pumps, progressive capacity pumps, and rod lift pumps
TechNavio's report, the Global Artificial Lift Pumps Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Artificial Lift Pumps market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Regions
Americas
EMEA
APAC
Key Vendors
Baker Hughes Inc.
GE Energy LLC
Schlumberger Ltd.
Weatherford International Ltd.
Other Prominent Vendors

Alnas JSC
Borets Company LLC
Kudu Industries LLC
National Oilwell Varco Inc.
Norris Production Solutions
Tenaris SA.


Key Market Driver
Increasing Number of Mature Oil Fields.
For a full, detailed list, view our report.
Key Market Challenge
Fluctuating Cost of Raw Materials.
For a full, detailed list, view our report.
Key Market Trend
Emergence of Combined System of Hybrid Lifts.
For a full, detailed list, view our report.
Key Questions Answered in this Report
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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