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Power & Energy

Petrochemical Downstream Processing Market Reports

Artificial Lift Market by Type (Electrical Submersible Pump, Rod Lift, Progressive Cavity Pump, Gas Lift), by Mechanism (Pump Assisted, Gas Assisted), by Application (Onshore, Offshore), by Geography (U.S., Canada, Mexico, U.K., Russia, Norway, China, Indonesia, India, Brazil, Venezuela, Saudi Arabia) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

The global artificial lift market was valued at $8,010.8 million in 2017 and is projected to reach $10,883.1 million by 2023, witnessing a CAGR of 5.3% during the forecast period. The market growth is mainly driven by the increasing number of mature oil and gas fields and growing ultra-deepwater and deepwater activities, worldwide. ... Continue Reading

Pump Jack Market by Application (Onshore, Offshore), by Well Type (Horizontal, Vertical), by Weight (Below 100,000 lbs, 100,000 lbs to 300,000 lbs, Above 300,000 lbs), by Geography (U.S., Canada, Russia, Kazakhstan, China, Indonesia, Australia, India, Brazil, Mexico, Venezuela, Colombia, Ecuador, Oman, Kuwait, Saudi Arabia, Angola, U.A.E., Nigeria) – Global Market Size, Share, Development, Growth and Demand Forecast, 2013-2023

The global pump jack market size stood at $2,712.8 million in 2016, it will grow at a CAGR of 5.0% during 2017 - 2023. The growing number of mature oilfields in North America has been the major factor driving the growth of the pump jack market. ... Continue Reading

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