Artificial Lift Systems - Growing and Evolving Market Across Oil Fields : Transparency Market Research
The need and demand for artificial lift systems market will only continue to rise over the next five years, indicates a recent market study in the U.S. In terms of revenue, the global market for artificial lift systems stood at US$13,000.0 million in 2013. The phenomenal growth in this market can be attributed to several factors including emerging influences, maturing oil fields, and more complex environments of unconventional endeavors.
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