July 13, 2018 - 5:58 AM EDT
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Global Artificial Lift Market Analysis & Outlook (2018-2022): Increasing Demand for Oil & Gas is the Main Driver - ResearchAndMarkets.com


The "Global Artificial Lift Market: Industry Analysis & Outlook (2018-2022)" report has been added to ResearchAndMarkets.com's offering.

The report provides an in-depth analysis of the artificial market on a global scale along with the North America, Europe, Asia Pacific and Latin America markets. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report.

The industry comprises few large players such Baker Hughes, Schlumberger N.V. Weatherford International and Dover Corporation (Apergy). All these companies have been profiled in the present report highlighting their key financials and business strategies for growth.

The key factors driving the growth of artificial lift market are increasing demand for oil & gas, accelerating economic growth, growing shale oil production, rising global population, increasing investment in offshore drilling exploration activities and rising number of mature reserves.

The noteworthy trends that can be witnessed in this industry are technological advancements and upsurge in footage of wells drilled. However, the expansion of the market is hindered by the challenges such as volatility in crude oil prices, environmental issues and economic uncertainties.

Key Topics Covered

1. Overview

2. Global Artificial Lift Market

3. Regional Market Analysis

4. Market Dynamics

5. Competitive Landscape

6. Company Profiles

  • Baker Hughes (BHGE)
  • Dover Corporation (Apergy)
  • Schlumberger N.V.
  • Weatherford International

For more information about this report visit https://www.researchandmarkets.com/research/jcr2db/global_artificial?w=4

Laura Wood, Senior Manager
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Related Topics: Oilfield Equipment and Services

Source: Business Wire (July 13, 2018 - 5:58 AM EDT)

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