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Oct 16, 2020 1:03 AM ET

Artificial Lifts Market is set to see Revolutionary growth in decade | Schlumberger, General Electric, Dover

iCrowd Newswire - Oct 16, 2020

The Global Artificial Lifts Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2027). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.

Major Players in Artificial Lifts are:

Schlumberger Limited (United States), General Electric Company (United States), Dover Corporation (United States), Weatherford International plc (United States), Halliburton Company (United States), JJ Tech (United States), National Oilwell Varco (United States), BCP Group (United States), NOVOMET (Russia/United States), Aker Solutions ASA (Norway)

Our Free Complimentary Sample Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology.

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Due to upsurging demand for oil and gas across the globe has robustly escalated the oil drilling and transportation activities which will ultimately generate maximum significance of artificial lifts to smoothen the oil drilling operations and decrease the lead time. These lifts are mainly used during secondary extraction phase of an oil well. During this extraction phase 15%-30% of the oil can be extracted from the oil well. As a result, these lifts will generate significant effect on oil & gas industry and vice versa. In addition to this, need for growing number of wells, enhanced recovery rates, which requires secondary extraction, and increasing demand for energy & petrochemicals has enabled oil and gas companies to economically extract oil from challenging areas. Some of these factors will generate significant demand over the forecasted period.

Artificial Lifts Market Segmentation and Market Data Breakdown:

Study by  Type (Pump Assisted, Gas Assisted), Application (Onshore, Offshore), Component (Pump, Motor, Cable System, Drive Head, Separator, Pump Jack, Sucker Rod, Gas-lift Valves, Gas-lift Mandrels, Controller), Mechanism (Pump Assisted, Gas Assisted) 

Market Influencing Trends:

Introduction to Liquid Assisted Gas Lifts as well as Plunger Lifts

Availability of all Possible Customizations with Advanced Technologies 

Market Drivers:

Simple Corrosion and Scale Treatments in case of Rod Pumping Lifts

Artificial Gas Lift Enable Users to Handle Comparatively Larger Volume in Minimal Efforts

Market Opportunity:

Lower Environmental Impact, Hazardous Fluids which might Encourage Number of Customers

Increased Production of Stripper, Marginal, and Orphaned Wells

Years considered for this report:

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What are the market factors that are explained in the Artificial Lifts Market report?

– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.

– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.

– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market. 

Significant Facets concerning the Report:

Artificial Lifts Market Summary

Fiscal Effect on Economy

Artificial Lifts Market Competition

Artificial Lifts Market Analysis by Application

Industrial Chain, Down-stream Buyers and Sourcing Strategy

Distributors/Traders, Marketing Strategy Analysis

Facets, Market Effect, Diagnosis

Market Forecast

The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Artificial Lifts Market have also been included in the study. 

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Extract from Table of Content:

Chapter 01 – Executive Summary

1.1 360 Degree Synopsis

1.2 Market value (US$ million).

Chapter 02 – Market Overview

Chapter 03 – Key Success Factors

3.1 Strategies adopted by key market participants and factors that have turned into success.

3.2 Additional viewpoint on global average pricing analysis benchmark, and consumer’s sentiments’ analysis.

Chapter 04 – Covid-19 Crisis Analysis on Global Artificial Lifts Market

Chapter 05 – Global Artificial Lifts Market – Pricing Analysis

Chapter 06 – Global Artificial Lifts Market Background

6.1 Macroeconomic factors affecting the Global Artificial Lifts market

6.2 Explore supply chain and value chain analysis.

6.3 In-depth information about the market dynamics and their consequences.

Chapter 07 — Global Artificial Lifts Market Segmentation

Chapter 08 – Key and Emerging Countries Analysis in Global Artificial Lifts Market

Chapter 09 – Global Artificial Lifts Market Structure Analysis

Chapter 10 – Global Artificial Lifts Market Competitive Analysis

10.1 Market Concentration Rate
 Competition Scenario: BCG Matrix [Relative Market Share v/s Revenue Growth Rate]
 Heat Map Analysis
 Comparative Market Share Analysis by Players (2018-2019) Rank, [% Market Share, Market Revenue]

Chapter 11 – Assumptions and Acronyms

Chapter 12 – Research Methodology 

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