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o Onshore
o Offshore
By Region
o North America
o Europe
o Asia-Pacific
o South & Central America
o Middle East & Africa
Browse 68 market data tables and 53 figures spread through 143 pages and in -depth TOC
on “Artificial Lift Market - Global Forecasts to 2021”
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The onshore segment is expected to hold the largest share of the artificial lift market, by
application, during the forecast period
The onshore segment led the artificial lift market in 2015 and is expected to grow at the fastest
rate during the forecast period, owing to the increasing demand for artificial lift systems across
the globe. This segment is primarily driven by rising production from unconventional sources and
is expected to create new revenue pockets for the artificial lift market during the forecast period.
Pump assisted to be the largest segment in the artificial lift market
With regard to the mechanism segment, pump assisted artificial lift mechanisms are expected to
be the largest market in 2016. The pumps are used to increase bottom hole pressure of the
tubing string in order to lift a sufficient amount of fluid to the surface. The pump assisted
mechanism is categorized into positive displacement and dynamic displacement segments. The
dynamic displacement segment is the fastest growing segment within the pump assisted artificial
lift market.
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North America: The leading market for artificial lift