New York, NY -- (SBWIRE) -- 07/17/2017 -- The analysts forecast the global artificial lift systems market to grow at a CAGR of 8.10% during the period 2017-2021.

Artificial lift is a method used to lower the producing bottom-hole pressure on the formation to obtain a higher production rate from wells. This can be done using positive displacement downhole pumps, such as ESP, RLP, and PCP that lower the flowing pressure at the pump intake. The global artificial lift systems market is segmented based on type, namely ESP, RLP, PCP, and other pump systems.

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Covered in this report

The report covers the present scenario and the growth prospects of the global artificial lift systems market for 2017-2021. To calculate the market size, the report considers the sales and services market.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Artificial Lift Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Baker Hughes
- Dover Artificial Lift
- Halliburton
- Schlumberger
- Weatherford

Other prominent vendors
- Borets
- Compass Oil and Gas Solutions
- Flotek Industries
- General Electric
- Gulf Coast Pump & Supply
- Cameron International
- Lycon
- National Oilwell Varco
- PCM
- Tenaris
- Torqueflow-Sydex

Market driver
- Growing demand for oil and natural gas
- For a full, detailed list, view our report

Market challenge
- High maintenance cost
- For a full, detailed list, view our report

Market trend
-Increasing use of automation and remote technology
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Table Of Contents – Major Key Points

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
- Market outline

PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis

PART 06: Market segmentation by type
- Market overview
- Global electrical submersible pump (ESP) systems market
- Global rod lift pump (RLP) systems market
- Global progressive cavity pump (PCP) systems market
- Global others pump systems market

PART 07: Market segmentation by end-user
- Market overview
- Global artificial lift systems market in the onshore oil and gas industry
- Global artificial lift systems market in the offshore oil and gas industry

PART 08: Geographical segmentation
- Market overview
- Artificial lift systems market in the Americas
- Artificial lift systems market in EMEA
- Artificial lift systems market in APAC

PART 09: Decision framework

PART 10: Drivers and challenges
- Market drivers
- Market challenges

PART 11: Market trends
- Increasing use of automation and remote technology
- Increasing subsea operations
- Increasing adaptation to non-conventional energy sources in Europe

PART 12: Vendor landscape
- Competitive scenario
- Other prominent vendors

Continued…….

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