Artificial Lift Systems Market Overview 2014 - 2020

Transparency Market

Research

Artificial Lift Systems Market - Global Industry Analysis, Size,

Share, Growth, Trends, and Forecast 2014 - 2020

Published Date

2015-02-09

70 Page Report

Buy Now

Request Sample

Press Release

Artificial Lift Systems Market is expected to reach USD 19,806.8

Million by 2020

Transparency Market Research

State Tower,

90, State Street, Suite 700.

Albany, NY 12207

United States

www.transparencymarketresearch.com

sales@transparencymarketresearch.com

Artificial Lift Systems Market

REPORT DESCRIPTION

The artificial lift systems market report by Transparency Market Research provides in-depth analysis of the global artificial

lift systems industry. The report divides the market on the basis of product type and region. It also provides the forecast

and estimates for each product and region. The report analyzes demand and supply characteristics of the market by

providing detailed forecast and analysis of revenue for the period 2014 – 2020.

Browse Full Artificial Lift Systems Market Report

http://www.transparencymarketresearch.com/artificial-lift-system-market.htm

The artificial lift systems market primarily includes six types of products: electrical submersible pumps, rod lift or sucker

rod pump, progressive cavity pump, hydraulic pump, gas lift and plunger lift. Electrical submersible pump is expected to

be the most dominant product segment in the global artificial lift systems market by 2020. The segment accounted for the

largest share of the artificial lift systems market in 2013. Rod lift is one of the oldest methods used for lifting crude oil and

natural gas. This is primarily attributed to its potential to lift heavy viscous crude oil at high temperatures. Additionally,

matured reserves account for a significant percentage of crude oil production. In the present scenario, over 70.0% of the

total crude oil production comes from matured reserves. Thus, matured reserves act as a key driver...