Bharat Book Bureau Provides the Trending Market Research Report on "Global Artificial Lift Market 2018-2025" under Machinery & Equipment category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Global Artificial Lift Market to reach USD 13.56 billion by 2025.
The global artificial lift market is growing due to decline in oil reservoirs, increase in shale oil and gas production. The recent decline in oil prices is also estimated to increase the demand for production focused services such as pressure pumping, artificial lift and enhanced oil recovery in comparison to drilling services. The unconventional production has transformed the oil and gas industry in North America over the last decade. The tight oil production in U.S. has pushed its crude ... Read more