Lewes, DE -- (SBWire) -- 11/15/2018 --Global HPS (Horizontal Surface Pumps) market will register a 3.1% CAGR in terms of revenue, reach US$ 500 million by 2023, from US$ 420 million in 2017.
HPS (Horizontal Surface Pumps) include a pump at the surface to send the power fluid down hole, a gas, diesel or electric engine to drive the pump, and a system for storing, treating and delivering the power fluid (produced oil or water) for use by the down hole pump .
The global consumption of HPS products rises up from 2301 units in 2011 to 2676 units in 2015, with an average annual growth rate of 4.08%. At the same time, the revenue of world HPS sales market has a leap from 389.45 million dollar to 427.44 million dollar. The reason causes this increase is the growing demand for the HPS products, which is the outcome of the downstream industries are in a good situation.
Although sales of HPS products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the HPS field hastily.
Over the next five years, Study projects that HPS (Horizontal Surface Pumps) will register a 3.1% CAGR in terms of revenue, reach US$ 500 million by 2023, from US$ 420 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Schlumberger
Baker Hughes
GE
Borets
Weatherford
Novomet
Dover
National Oilwell Varco
SPI
HOSS
Summit ESP
Canadian Advanced ESP
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Under 100 HP
100-600 HP
Above 600 HP
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Industrial
Oil & Natural Gas
Mining
Spanning over 140 pages "Forecast of Global HPS (Horizontal Surface Pumps) Market 2023" report covers HPS (Horizontal Surface Pumps) Market Overview, Global HPS (Horizontal Surface Pumps) Sales, Revenue (Value) and Market Share by Players, Global HPS (Horizontal Surface Pumps) Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players HPS (Horizontal Surface Pumps) Sales, Revenue and Price, Europe Top 5 Players HPS (Horizontal Surface Pumps) Sales, Revenue and Price, Asia-Pacific Top 5 Players HPS (Horizontal Surface Pumps) Sales, Revenue and Price, South America Top 5 Players HPS (Horizontal Surface Pumps) Sales, Revenue and Price, Middle East & Africa Top 5 Players HPS (Horizontal Surface Pumps) Sales, Revenue and Price, Global HPS (Horizontal Surface Pumps) Players Profiles/Analysis, Global HPS (Horizontal Surface Pumps) Market Forecast (2018-2023), HPS (Horizontal Surface Pumps) Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.
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