DUBLIN, April 29, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/lq98dp/global_artificial) has announced the addition of the "Global Artificial Lift Pumps Market 2014-2018" report to their offering.
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An artificial lift pump is a system installed in oil wells to increase the pressure within the reservoir and encourage oil to travel to the surface. When there is insufficient natural force inside the well to push the oil to the surface, artificial lift pumps are used to pump out the oil. Globally, more than 70 percent of oil wells have lost the natural pressure inside them and are in their mature phase. Hence, they require artificial lift pumps to extract oil to meet the growing demands of the market.
The analysts forecast the Global Artificial Lift Pumps market will grow at a CAGR of 9.08 percent over the period 2013-2018.
The Global Artificial Lift Pumps market can be categorized into seven segments based on technology: electrical submerged pumps, gas lift pumps, hydraulic lift pumps, plunger lift pumps, progressive capacity pumps, and rod lift pumps
The report, the Global Artificial Lift Pumps Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Artificial Lift Pumps market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Technology
08. Geographical Segmentation
09. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
- Baker Hughes Inc.
- GE Energy LLC
- Schlumberger Ltd.
- Weatherford International Ltd.
- Alnas JSC
- Borets Company LLC
- Kudu Industries LLC
- National Oilwell Varco Inc.
- Norris Production Solutions
- Tenaris SA.
For more information visit http://www.researchandmarkets.com/research/lq98dp/global_artificial
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets