Market Research Reprots- Worldwide Progressing Cavity Pumps Market | Page 2

The offshore oil fields in northern Europe and the massive sand oilfields in the middle east and nearby are primary application users of Progressing Cavity Pump (PCP) systems, supporting oil and gas pumping. Request for sample of this research report @ https://marketreportscenter.com/request- sample/580816 A $2.7 billion market for EMEA in 2017, the Progressing Cavity Pumps market has evolved steadily. It is expected to reach $5.97 billion by 2024, growing in the oil and gas segment to increase yields from existing wells and to develop new applications in other industries. With the world recognizing the continuing need to extract oil from ground from existing wells, the pumps are being put in place as demand technology. Demand prospects remain positive. Emerging markets continue to play a role. Renewal of auctions is reactivating mature markets. Southern Europe is reactivating mature markets with auctions. Activating new markets in Argentina and Russia is being achieved. Excluding China, the global market demand for installations is expected to increase by 8% from 36 GW in 2017 to 45 GW in 2020. Key Topics                  Progressing Cavity Pumps Progressing Cavity Pump Types Dosing Pump Flanged Pump Hopper Pump Food Grade Immersion Pump Progressing Cavity Pump Thermal Recovery Electric Submersible Pump Systems Fluid Handling Progressing Cavity Pumps Oil & Gas Chemicals & Paper Metering Technology Foods & Pharmaceuticals Mining Rig Count Geothermal Power