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Artificial Lift Pumps Market 2016 Geographical Segmentation, Size, Trends, Growth and Forecasts

Tuesday, November 22, 2016 4:26
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(Before It's News)

As a direct impact of the ambiguity in the oil market, the global artificial lift pumps market has been experiencing sluggishness in the recent past as it has become enmeshed with the turmoil in the global oil industry. Declining prices, deferred investments, investor skepticism, and an unpredictable future in the commodity’s outlook are inhibiting the growth of the market.

Publisher’s analysts forecast the global artificial lift pumps market to grow at a CAGR of 1.56% during the period 2016-2020.

For more information about this report:               

Covered in this report 
The report covers the present scenario and the growth prospects of the global artificial lift pumps market for 2016-2020. To calculate the market size, Publisher considers the revenue generated from the total consumption of artificial lift pumps globally. The report does not include revenue generated from the aftermarket service of the product.

The market is divided into the following segments based on geography: 
- Americas
- Europe
- MEA 

Publisher’s report, Global Artificial Lift Pumps Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
- Baker Hughes
- Dover
- GE-Alstom Grid
- Schlumberger
- Weatherford 


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Other prominent vendors 
- Aker Solutions
- Petrofac
- Technip
- Transocean 

Market driver 
- Introduction of wireline retrievable ESP to reduce OPEX
- For a full, detailed list, view our report 

Market challenge 
- Deferred investments and projects
- For a full, detailed list, view our report 

Market trend 
- Emergence of microgrid technology
- For a full, detailed list, view our report 


Inquire for Report at            


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Call: +1-646-491-9876

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