​​​​​​​Artificial Lift Market 2019 Global Analysis, Share, Growth Insight, Size, Trends, Competitive Landscape, Regional Outlook With Industry Forecast To 2023

​​​​​​​Artificial Lift Market to rise At 7% growth rate by 2023, according Global Artificial Lift Market 2019 Industry Forecast To 2023 Research Report published by Market Research Future.

Pune, India - April 15, 2019 /MarketersMedia/ —

Global Artificial Lift Market is segmented by Type (Electric Submersible Pump, Rod Lift, Progressive Cavity Pumps, Gas Lifts, and others), and Region.

Global Artificial Lift Market Highlights:

Global Artificial Lift Market Growth is attributed to factors such as rising Oil & Gas companies have increased their emphasis on optimizing operational field production and increasing production efficiency to lower the costs. Such a profound change in the strategic outlook is expected to inevitably instigate an increase in demand for production optimization equipment such as artificial lift systems.

Get Free Sample On “Artificial Lift Market Research Report- Forecast to 2023” at: https://www.marketresearchfuture.com/sample_request/961

Artificial Lift Market Key Players Studied In Report:

Baker Hughes, Borets, Cameron International, Dover Corporation, GE Oil & Gas, Halliburton, John Crane, National Oilwell Varco, Schlumberger, and Weatherford.

However, strict government and regulations and environmental problems associated oil & gas production are inhibiting the growth of the artificial lift market. The global artificial lift market is expected to grow at a CAGR of 7-8% during the forecast period from 2016 to 2022.

The Global Artificial Lift Market is estimated to be a lucrative market within the upstream oil & gas industry. It is projected to achieve a resilient growth of about 7% CAGR between 2016 and 2022. The upstream oil & gas sector has been experiencing persistent growth challenges; following the decline in oil prices since past two years.

The global artificial lift market is growing due to decline in oil reservoirs, increase in shale oil and gas production. The recent decline in oil prices is also estimated to increase the demand for production focused services such as pressure pumping, artificial lift and enhanced oil recovery in comparison to drilling services. The unconventional production has transformed the oil and gas industry in North America over the last decade. The tight oil production in U.S. has pushed its crude oil supply to over 10% of world total. There are different types of artificial lifts which include rod lift, electric submersible pumps, progressive cavity pumps, gas lift and others. the forecast period.

Market Segment Analysis:

Global Artificial Lift Market Information by Type (Electric Submersible Pump, Rod Lift, Progressive Cavity Pumps, Gas Lifts, and others), and Region - Forecast to 2022

Regional Analysis:

North America dominated the Global Artificial Lift Market with the largest market share in 2015. It is expected to retain its dominance in the market with a high growth rate. Presence of large shale oil & gas reserves, as well as tight oil reserves is expected to aid the North American market for artificial lift. The European region held the second largest share within the artificial lift market is expected to grow at a moderate rate during the forecast period, between 2016 and 2022. Asia-Pacific market is expected to exhibit a comparatively high growth than Europe. Increasing focus towards development of shale gas projects in countries such as China, and Indonesia is expected to be a major factor driving the Asia-pacific market.

Table Of Contents:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

Continued…

List Of Tables:

Table 1 Global Artificial Lift Market: By Region, 2017-2023

Table 2 North America Artificial Lift Market: By Country, 2017-2023

Table 3 Europe Artificial Lift Market: By Country, 2017-2023

Table 4 Asia Pacific Artificial Lift Market: By Country, 2017-2023

Table 5 RoW Artificial Lift Market: By Country, 2017-2023

Continued…

List Of Figures:

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP-DOWN & BOTTOM-UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER'S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

Continued…

For More Information On This Report Visit: https://www.marketresearchfuture.com/reports/global-artificial-lift-market-961

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:
Name: abhishek sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future Office No. 528,, Amanora Chambers Magarpatta Road, Pune, India.,
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/global-artificial-lift-market-961

Source URL: https://marketersmedia.com/artificial-lift-market-2019-global-analysis-share-growth-insight-size-trends-competitive-landscape-regional-outlook-with-industry-forecast-to-2023/502766

Source: MarketersMedia

Release ID: 502766

More News From digitalpressnetwork.com

Column: Open returns, but only after 'The Troubles' subside

Jul 16, 2019

PORTRUSH, Northern Ireland — Darren Clarke was a teenager working at a bar in his hometown of Dungannon when the call came in. The message was simple: Get out or get killed. It was a few days before Christmas in 1986 and Northern Ireland was at war with itself — and by proxy, the government in London. "The Troubles," as they are euphemistically known here, were raging and no one knew who the next target would be. Clarke and his fellow workers took heed and got out. "The bomb scare at 8:30, everybody out, bomb went off at 9:00," Clarke...

Officials: Migrants return to bombed Libya detention center

Jul 16, 2019

PARIS — A Libyan detention center where an airstrike killed more than 50 people two weeks ago is filling with migrants again, and work has resumed at a nearby weapons workshop, despite calls from the United Nations to empty the compound and others like it near the front-lines of the country's civil war. As of Tuesday, around 200 migrants filled the Tajoura center, which was emptied after the airstrike July 3 that killed more than 50 migrants being held there, according to the U.N. refugee agency and two Libyan officials. The arrivals included a mix of people intercepted by the...

JPMorgan Chase posts $9.7 billion profit, beating estimates

Jul 16, 2019

NEW YORK — Banking giant JPMorgan Chase & Co. said Tuesday that its second quarter profits grew by 16% from a year ago, helped by lower taxes and the ability to charge businesses and consumers more to borrow money. The nation's largest bank by assets said Tuesday that it earned $9.65 billion, or $2.82 per share, up from a profit of $8.32 billion, or $2.29 per share, a year earlier. The results beat the forecasts of analysts, who were looking for JPMorgan to earn $2.50 a share, according to FactSet. JPMorgan is one of a trio of banks that reported...

The Latest: Greek Cypriots reject joint gas drilling panel

Jul 16, 2019

ANKARA, Turkey — The Latest on Turkey and the sanctions approved by the European Union over the dispute about drilling near Cyprus (all times local): 4:20 p.m. Greek Cypriot leaders on ethnically split Cyprus have turned down a renewed proposal by breakaway Turkish Cypriots to form a joint committee on managing natural gas discovered offshore the east Mediterranean island nation. Deputy Minister Vasilis Palmas says the proposal by Turkish Cypriot leader Mustafa Akinci detracts from the substance of Cyprus' political problem and the need for an immediate resumption of reunification negotiations. Speaking after Tuesday's leaders' meeting chaired by President Nicos...

Turkey: EU sanctions over gas drilling 'worthless'

Jul 16, 2019

ANKARA, Turkey — Turkey on Tuesday rejected as "worthless" an initial set of sanctions approved by the European Union against Ankara, and vowed to send a new vessel to the eastern Mediterranean to reinforce its efforts to drill for hydrocarbons off the island of Cyprus. EU foreign ministers on Monday approved sanctions against Turkey over its drilling for gas in waters where EU member Cyprus has exclusive economic rights. They said they were suspending talks on an air transport agreement, as well as high-level Turkey-EU dialogues, and would call on the European Investment Bank to review its lending to the...

Weather, 20 December
Houston Weather
+7

High: +11° Low: -2°

Humidity: 83%

Wind: NNE - 7 KPH

Canberra Weather
+27

High: +27° Low: +17°

Humidity: 87%

Wind: W - 20 KPH

Roissy-en-France Weather
+6

High: +6° Low: -5°

Humidity: 87%

Wind: ENE - 7 KPH

Florence Weather
+9

High: +9° Low: +6°

Humidity: 97%

Wind: ENE - 17 KPH

Parga Weather
+7

High: +16° Low: +4°

Humidity: 100%

Wind: SE - 25 KPH