Artificial Lifts Market: Analyzes the status, market share, growth rate, future trends 2025


Researchmoz added Most up-to-date research on "Artificial Lifts Market: Analyzes the status, market share, growth rate, future trends 2025" to its huge collection of research reports.

Artificial liftrefers to the use of artificial means to increase the flow of liquids, such ascrude oilor water, from a production well. Generally this is achieved by the use of a mechanical device inside the well (known aspumporvelocity string) or by decreasing the weight of the hydrostatic column by injecting gas into the liquid some distance down the well. A newer method called Continuous Belt Transportation (CBT) uses an oil absorbing belt to extract from marginal and idle wells. Artificial lift is needed in wells when there is insufficient pressure in the reservoir to lift the produced fluids to the surface, but often used in naturally flowing wells (which do not technically need it) to increase the flow rate above what would flow naturally. The produced fluid can be oil, water or a mix of oil and water, typically mixed with some amount of gas.


The Artificial Lifts market was valued at 8080 Million US$ in 2017 and is projected to reach 11800 Million US$ by 2025, at a CAGR of 4.9% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Artificial Lifts.

This report presents the worldwide Artificial Lifts market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.


The following manufacturers are covered in this report:
Schlumberger
GE
Dover Corporation
Baker Hughes
Weatherford International
Halliburton Company
JJ Tech
National Oilwell Varco
BCP Group
NOVOMET
Aker Solutions
Occidental Petroleum
Flotek Industries Inc
Borets International

Artificial Lifts Breakdown Data by Type
Pump Assisted
Gas Assisted
Artificial Lifts Breakdown Data by Application
Onshore
Offshore


Artificial Lifts Production by Region
United States
Europe
China
Japan
Other Regions

Artificial Lifts Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

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