The global artificial lift market was valued at $8,010.8 million in 2017, and it is expected to reach $10,883.1 million by 2023, registering a CAGR of 5.3% during the forecast period (2018–2023).
The global pump jack market generated $2,712.8 million in 2016, and it is further projected to reach $3,800.0 million by 2023, exhibiting a CAGR of 5.0% during the forecast period (2017-2023).
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