The analysts forecast the global artificial lift systems market to grow at a CAGR of 8.10% during the period 2017-2021.
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.
The latest trend gaining momentum in the market is increasing use of automation and remote technology. Oilfield drilling sites are mostly located in remote and inaccessible areas, wherein communication becomes a key challenge.
Increased mobility among the workforce has strengthened communications between companies and remote field locations.
With the support of mobile devices, a worker can be effortlessly located if he/she has moved beyond a safe distance from the designated area. Mobile systems help E&P companies in both onshore and offshore fields to alert individual workers with designated alarms.
This is vital for the oil and gas industry that has wide-scale installations covering large areas, wherein the sensors will send signals if there is a movement away from the desired operation site.
- Baker Hughes
- Dover Artificial Lift
Other prominent vendors
- Compass Oil and Gas Solutions
- Flotek Industries
- General Electric
- Gulf Coast Pump & Supply
- Cameron International
- National Oilwell Varco
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by type
Part 07: Market segmentation by end-user
Part 08: Geographical segmentation
Part 09: Decision framework
Part 10: Drivers and challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Key vendor analysis
Part 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/6dv8bn/global_artificial