•
To track and analyze competitive developments such as contracts & agreements,
expansions, new product developments, and mergers & acquisitions in the artificial lift
market
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=879
In this report, the artificial lift market has been analyzed with respect to five regions, namely,
North America, Europe, Asia-Pacific, South & Central America, and the Middle East & Africa.
North America is expected to dominate the global artificial lift market during the forecast period,
owing to the increasing use of artificial lift systems for shale gas production.
The Middle East & Africa market is projected to grow at the highest CAGR from 2016 to 2021 due
to the presence of natural gas reserves and mature fields. Nigeria, Angola, Oman, and Kuwait are
expected to drive the artificial lift market in the Middle East & Africa region.
Browse Full Report Here: https://www.marketsandmarkets.com/Market-Reports/artificial-
lift-systems-market-879.html
Lack of skilled labour could be a restraint for the artificial lift market. Flow assurance, equipment
abrasion, and well integrity are the key challenges for the artificial lift market. So, sound
knowledge of parameters such as wellbore geometry, total well depth, and bottom hole pressure
is required in order to implement artificial lift techniques. Any failure can delay the production
process and can impact the operator’s revenue.
About MarketsandMarkets
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche
opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently
servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for
their painpoints around revenues decisions.
MarketsandMarkets’s flagship competitive intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets and entire value chains for deeper
understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430