Global Electrical Submersible Pump Cables Market: Burgeoning Exploration of New Oil Wells Hints at Significant Growth.
The level of competition among the players operating in the global electrical submersible pumps (ESP) cable market is significantly high due to the presence of a large number of companies with a comparable and strong brand value, finds Transparency Market Research (TMR) in a research report. The competition in the market is expected to intensify over the next couple of years as leading companies are opting for strategic alliances and acquisitions. For instance, to enter the ESP cables market, Halliburton...
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