New Oilfield Explorations Identified as Key Driver of Electrical Submersible Pumps (ESPs) Market, Revenue to Grow to US$16.7 Bn by 2022
Transparency Market Research has released a new market report titled Electrical Submersible Pumps (ESPs) Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast, 2014 - 2022. According to this report, the global electrical submersible pumps market revenue for ESPs stood at US$10.6 bn in 2013 and is expected to reach US$16.7 bn by 2022 at a CAGR of 8.94% from 2014 to 2022.
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