Growing Investments in Petroleum Exploration & Drilling Drives Demand for Artificial Lifts, According to a New Trend Report Published by Global Industry Analysts, Inc.

GIA announces the release of a trend report on Artificial Lifts. Market for Artificial Lifts is projected to witness strong growth driven by increasing investments in petroleum exploration and drilling activities worldwide.

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Artificial Lifts: A Trend Report

San Jose, California (PRWEB) January 23, 2014

Follow us on LinkedIn – Artificial lifts facilitate in improving liquid flow out of wells through artificial means. Mature and aging wells especially require artificial lifting due to insufficient pressure for pushing up the fluid. Artificial lift is in fact a method or technology which increases the fluid’s energy at the very base wellbore level in order to support lifting of the liquid to the well’s surface. Countries such as Venezuela and Canada are stepping up oil production thus benefitting growth of artificial lifts worldwide. The market is also expected to experience growing demand in regions such as the Middle East due to the large-scale redevelopment process being undertaken to revive defunct oil wells. Other factors expected to drive demand include rising energy demands, increased investments in petroleum exploration activities, and booming subsea operations.

The trend report titled “Artificial Lifts” announced by Global Industry Analysts Inc., is a focused research paper which provides cursory insights into the product, its evolution, applications, future prospects, and corporate initiatives of key companies worldwide. In addition to providing global market estimates and projections for Artificial Lifts in US dollars for years 2012 through 2017, the report also provides coverage on companies such as Accelerated Production Systems, Alkhorayef Petroleum Co. Ltd., Borets Service Company LLC, Cameron International Corporation, Dover Corporation, Etahir Resources Inc., GE Energy, John Crane Inc., Norris Production Solutions, PCS Ferguson, and Schlumberger Ltd., among others.

For more details about this trend report, please visit http://www.strategyr.com/TrendReport.asp?code=146174.

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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