Does The Artificial Lift Market Able to Makes Revolutions in
Future industry
The report "Artificial Lift Market by Type (Electrical Submersible Pumps, Rod Lift,
Progressive Cavity Pumps, Gas Lift, and Others), Mechanism (Pump Assisted and Gas
Assisted), Application (Onshore and Offshore), and Region - Global Forecasts to 2021", The
artificial lift market is expected to grow from an estimated USD 7.62 Billion in 2016 to USD 9.69
Billion by 2021, at a CAGR of 4.91%. The global market is set to witness significant growth, due to
the increasing production of heavy oil and shale gas. Increasing shale gas production is due to
huge shale gas reserves in the Americas and the Asia-Pacific.
To enable an in-depth understanding of the competitive landscape, the report includes profiles
of some of the top players in the artificial lift market. These players include Schlumberger Limited
(U.S.), Weatherford International plc (Switzerland), Baker Hughes Incorporated (U.S.), General
Electric Company (U.S.), and Halliburton Company (U.S.).
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Scope of the Report:
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•
By Type
o Electrical Submersible Pumps
o Rod Lift
o Progressive Cavity Pumps
o Gas Lift
o Others
By Mechanism
o
o
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Pump Assisted
▪ Dynamic Displacement
▪ Positive Displacement
Gas Assisted
By Application