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Artificial Lift Market is projected to grow worth $17,730.2 Million by 2019

The artificial lift market is expected to grow at a CAGR of 9.6% from 2014 to 2019. The global artificial lift market is driven by an evergreen demand for energy substantiated by the usage of hydrocarbon resources.<br>For more information click here: http://www.marketsandmarkets.com/Market-Reports/artificial-lift-systems-market-879.html<br>

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Artificial Lift Market is projected to grow worth $17,730.2 Million by 2019

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  1. Artificial Lift Market is projected to grow worth $17,730.2 Million by 2019

  2. The report: “Artificial Lift Market by Mechanism (Positive Displacement, Dynamic Displacement & Gas Assisted) & Types (Rod Lift, ESP, PCP, Gas Lift) - Global Trends & Forecasts to 2019” defines and segments the artificial lift market with analysis and value forecast. It also identifies the driving forces and restraining factors of the artificial lift market, highlighting the latest trends and identifying opportunities.

  3. Scope of the Report • On the basis of mechanism • Positive Displacement • Dynamic Displacement • Gas assisted

  4. On the basis of types • Rod Lift • Electrical Submersible Pump (ESP) • Progressive Cavity Pump (PCP) • Gas Lift • Others

  5. On the basis of region • Asia-Pacific • North America • Europe • Middle East and Africa • South and Central America

  6. The leading players in the artificial lift market include Baker Hughes Inc. (U.S.), Schlumberger Ltd (U.S.), Weatherford International Ltd. (Switzerland), Halliburton (U.S.), National Oilwell Varco (U.S.), Borets (Russia), and Tenaris S.A. (Luxembourg) among others. The market players in the artificial lift market make substantial investments in R&D to continuously introduce new and more efficient designs. The companies are expanding their markets into new geographic territories to take advantage of new opportunities in emerging economies, while simultaneously maintaining focus on developed markets.

  7. About MarketsandMarkets MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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