Latest Report on Global Artificial Lift Pumps Market 2015-2019

Most up-to-date research on "Global Artificial Lift Pumps Market 2015-2019" to its huge collection of research reports.

About Artificial Lift Pumps

Artificial lift pumps are used in oil wells to increase the pressure within the reservoir and encourage oil to move to the surface. When the natural force of the well is not strong enough to push the oil to the surface, an artificial lift pump is employed. Globally, more than 70 percent of oil wells have lost natural pressure and are in their mature phase.

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TechNavio's analysts forecast the Global Artificial Lift Pump market to grow at a CAGR of 8.95 percent over the period 2015-2019.

Covered in this Report

The Global Artificial Lift Pumps market includes the following major product segments: ESP Systems, Rod Lift Systems, PCP Systems, Gas Lift Systems, Plunger Lift Systems, Hydraulic Lift Systems, and Others.

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TechNavio's report, Global Artificial Lift Pump Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, Europe, and the APAC and MEA regions; it also covers the Global Artificial Lift Pump 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

APAC

Europe

MEA

Key Vendors

Baker Hughes

GE Energy

Schlumberger

Weatherford International

Other Prominent Vendors

Borets

Dover

Jsc Alnas

National Oilwell Varco

Norris Production Solutions

Tenaris

Market Driver

Need for High Crude Oil Production from Existing Fields

For a full, detailed list, view our report

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Market Challenge

Fluctuating Raw...