Artificial Lift Market to Hit USD 9.0 Billion, Boosted by Aging Oil Fields Worldwide
The Artificial Lift Market is on the cusp of a significant transformation as industries seek innovative ways to optimize oil production and efficiency. The market, which was valued at USD 6.9 billion in 2023, is projected to grow at a compound annual growth rate (CAGR) of 3.9%, reaching USD 9.0 billion by 2030. This remarkable growth is driven by the increasing demand...
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