Energy and Power Artificial Lift Market | Page 2

• 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” Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=879 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. Buy This Report @ https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=879 North America: The leading market for artificial lift