Pump Jack Market Potential Growth, Share, Demand and Analysis of Key Players The pump jack market is expected to grow from an estimated USD 2.86 Billion in 2017 to USD 3.63 Billion by 2022, at a CAGR of 4.88%. Increasing onshore maturing oil fields are driving the pump jack market. Low oil prices in the past couple of years has made it even more difficult to maintain low production mature reserves, driving companies to accelerate pump jack plans for such oil fields. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top service providers in the pump jack market. These players includes Schlumberger Limited (U.S.), Tenaris S.A. (Luxembourg), Borets International (U.A.E.), General Electric Oil & Gas (U.K.), Weatherford International, PLC (Switzerland), and Dover Corporation (U.S.), among others. Get Sample Copy of Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=150633943 Scope of the Report: By Well Type • •
Vertical Well Horizontal Well
By Application • •
Onshore Offshore
By Weight • • •
Less than 100,000 lbs 100,000 lbs–300,000 lbs More than 300,000 lbs
By Region • • • • •
North America Asia-Pacific Middle East & Africa Europe Central & South America
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=150633943 Objectives of the Study • •
• • •
To define, describe, and forecast the global pump jack market by well type, application, weight, and region, in terms of value To provide detailed information regarding the major factors, such as drivers, restraints, opportunities, and industry-specific challenges, influencing the growth of pump jack market To strategically analyse the market with respect to individual growth trends, future prospects, and the contribution of each segment to the pump jack market To strategically profile key players and comprehensively analyse their market shares and core competencies To track and analyse competitive developments, such as contracts & agreements, expansions and investments, new product launches, and mergers & acquisitions of this market
To speak to our analyst for a discussion on the above findings, click Speak to Analyst North America: The largest market for pump jack The market in North America was the largest market, by value, for pump jack in 2016, driven largely by activities in the offshore industries of the U.S. and Canada. The offshore industries in these two regions, leads other regions in terms of well-development. Companies in the region are taking active steps in drilling, in onshore mature oil fields by low cost installation and ease of operation.The market in the U.S. Gulf of Mexico is the second largest market, closely behind Europe, with a large number of mature wells drilled by pump jack, each year. Related Report: Top 10 Pumps and Motors Market Pumps (Intelligent Pump, High Pressure Pump, Cryogenic Pump, Diaphragm Pump, Submersible Pump), Motors (Gear Motor, Permanent Magnet Synchronous, Motor Control Center, Motor Soft Starter, & AC Drives) - Global Forecast to 2021 About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clien ts.
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