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MARKET REPORT

Downhole Hydraulic Pumps Market Robust pace of Industry during 2017-2025

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Global Downhole Hydraulic Pumps Market: Snapshot

Downhole hydraulic pumps have gained traction in various regions in hydraulic pumping applications for artificial lifting system. Their adoption is mainly driven by the versatile use in a variety of pumping conditions and the ease of maintenance. Over the recent few decades, continuous improvements in hardware and software to increase the operational efficiency of downhole hydraulic pumps for a wide range of wells. Jet pumps are emerging as a viable alternative to conventional stoking pumps and transforming the next generation downhole hydraulic pumps. Characterized by the absence of gas locking, jet pumps have the ability to produce high volumes of fluids and allow for flexible production rate by suitably adjusting the pressure and rate of injection.

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In addition, this type of downhole hydraulic pumps allow for hassle-free serviceability by easy retrieval of nozzle and throats, without the use of rigs. Furthermore, various scale and corrosion inhibitors can be used in power fluids.

Jet pumps as a versatile downhole hydraulic pumps can be adapted to fit interchangeability into the bottomhole assemblies (BHAs) that are conventionally designed for stoking pumps. Since jet pumps have no moving parts, these machines are immune corrosion due to environmental conditions and the presence of abrasive well fluids. Recent advancements in design of these downhole hydraulic pumps have considerably lowered the maintenance level when used in bottom-hole pressure wells.

Jet downhole hydraulic pumps are extensively used in offshore drillstem testing (DST) suitable for heavy-crude reservoirs. Some other applications are gas well dewatering. However, a key concern with the operation of these types of downhole hydraulic pumps is the formation of cavities at the throat of these pumps when subjected to low intake pressure. Manufacturers strive to address this concern by bringing design innovations which also expected to drive downhole hydraulic pumps market.

Downhole Hydraulic Pumps Market: Brief Description

Since the early 1930s, hydraulic pumping has been the chief artificial lifting method, offering several different systems for handling a variety of well conditions. Due to its flexible nature, the downhole-pumping rate can be regulated over a wide range with fluid controls on the surface. Chemicals to control emulsions, paraffin and corrosion, can be inserted downhole with the power fluid, while fresh water can also be added to liquefy salt deposits.

When pumping heavy crudes, the power fluid can serve as an effective diluent to reduce the viscosity of the produced fluids. The power fluid can also be heated for handling low-pour-point or heavy crudes. Hydraulic pumping provides energy to move the fluids to the surface after the reservoir pressure is no longer sufficient to do so. The key component of a hydraulic pumping operation is the downhole pump.

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Downhole Hydraulic Pumps Market: Inclusive Insight

Increased demand for oil and gas products around the world has resulted in additional pressure on extraction wells. This in turn puts a strain on the exploration companies to exploit more oil from wells, for which downhole hydraulic pumping is essential. Furthermore, most of the extraction wells being utilized worldwide are mature wells. These wells have been in commercial operation for a long time, and hence their reserves have depleted over the years. To extract more resources from these wells, hydraulic pumps need to be used at most of the extraction sites.

Also, compared to conventional pumps, hydraulic pumping systems turns out to be much more stable, thereby substantially extending the life of the well. A considerable amount of investment is required to set up and operate hydraulic pumping systems from rigs and floating production, storage and offloading (FPSOs), which adds to the cost of fuel. Additionally, wells that have not been properly drilled at the start, tend to be crooked and uneven, which can prove to be a constraint while pumping high-viscosity crude or shale gas. Moreover, environmental agencies propagate that excessive drilling through capstones can deteriorate sub-surface rock formations leading to unstable voids in the earth’s crust. These factors, together, contribute to be a collective constraint to the industry.

Downhole Hydraulic Pumps Market: Segment Analysis

Based on technical specifications, downhole hydraulic pumps can be distinctly categorized into two types: reciprocating pumps (sucker-rod installation) and jet pumps. During the sucker-rod installation, the rod that triggers the pump plunger encompasses the surface of the well and connects to the pumping unit, whereas, in hydraulic pumps, the rod is quite short and extends only to the engine pistons.

Alternatively, jet pumps can be modified to fit interchangeably into the bottom-hole assemblies (BHAs) designed for the stroking pumps. Also, special BHAs have been designed for jet pumps to take advantage of their short length and their high-volume characteristics. And, due to their unique features under diverse pumping conditions, jet pumps are considered as a substitute for conventional stroking pumps.

Geographically and based on the number of deepwater rigs, the U.S. accounts for the maximum number of hydraulic pumping systems operating in North America. In Europe, Norway, Russia and the U.K. control the demand market. The Asia Pacific region is led by Malaysia, Australia, China, and India. The Rest of the World also has a significant demand for hydraulic pumps, especially in the Middle East, North Africa, and Brazil.

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Downhole Hydraulic Pumps Market: Key Market Players

Major manufacturers and suppliers of the downhole hydraulic pumps market include Weatherford International Ltd., Schlumberger Ltd., Baker Hughes Inc., GE Energy, and Lufkin Industries Inc.

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MARKET REPORT

Internet of Mobility Market Trends in the Market 2019 – 2027

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TMR’s latest report on global Internet of Mobility market

The recent market intelligence study by Transparency Market Research elaborates the all in all perspective of the worldwide Internet of Mobility market, from its historical growth through the future outlook. The report is scrutinized on the basis of product type, end use, region and market players. Each segment depicted based on market share, revenue, and demand prospect.

Analysts at TMR find that the global Internet of Mobility market reached a value of ~US$ xx Mn/Bn in 2018 and is anticipated to grow at CAGR of xx% during the forecast period 2019-2029. The growth is primarily driven by increasing demand for Internet of Mobility among the consumers, better disposable income, and enhanced GDP in developing countries.

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Market distribution:

Market segments and sub-segments

  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis
  • The regional analysis covers:

    • North America (U.S. and Canada)
    • Latin America (Mexico, Brazil, Peru, Chile, and others)
    • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
    • Eastern Europe (Poland and Russia)
    • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
    • Middle East and Africa (GCC, Southern Africa, and North Africa)

    The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

    A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

    Highlights of the report:

    • A complete backdrop analysis, which includes an assessment of the parent market
    • Important changes in market dynamics
    • Market segmentation up to the second or third level
    • Historical, current, and projected size of the market from the standpoint of both value and volume
    • Reporting and evaluation of recent industry developments
    • Market shares and strategies of key players
    • Emerging niche segments and regional markets
    • An objective assessment of the trajectory of the market
    • Recommendations to companies for strengthening their foothold in the market   

    Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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    After reading the Internet of Mobility market report, readers can:

    • Understand the drivers, restraints, opportunities and trends that impact the overall growth of the Internet of Mobility market.
    • Grasp the market outlook in terms of value and volume.
    • Study the strengths, weaknesses, opportunities and threats of each stakeholder operating in the Internet of Mobility market.
    • Learn about the manufacturing techniques of Internet of Mobility in brief.
    • Figure out the positive and negative factors impacting the product sales.

    What kind of questions the Internet of Mobility market report answers?

    1. Why is region witnessing the slowest demand growth for Internet of Mobility ?
    2. What kind of agreements are the players entering into in the global Internet of Mobility market?
    3. Which sub-segment will lead the global Internet of Mobility market by 2029 by product?
    4. Which Internet of Mobility market players hold significant shares in terms of value and volume?
    5. What alternatives are consumers looking for in the global Internet of Mobility market?

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    Why go for Transparency Market Research

    • One of the leading market research firms in India.
    • Serves 350+ clients every day.
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    About TMR

    Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

    Contact

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    Transparency Market Research
    State Tower
    90 State Street,
    Suite 700,
    Albany, NY – 12207
    United States
    Tel: +1-518-618-1030
    USA – Canada Toll Free: 866-552-3453
    Email: [email protected]
    Website: http://www.transparencymarketresearch.com

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    MARKET REPORT

    Weather Forecasting Equipment Market Highlighting Regional Revenue Share Dominance During 2019-2027

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    Analysis of the Global Weather Forecasting Equipment Market

    The presented global Weather Forecasting Equipment market report provides reliable and credible insights related to the various segments and sub-segments of the market. The market study throws light on the various factors that are projected to impact the overall dynamics of the global Weather Forecasting Equipment market over the forecast period (20XX-20XX).

    According to the report, the value of the Weather Forecasting Equipment market was estimated to reach ~US$ XX in 2019 and attain a market value of ~US$ XX by the end of 2029. Further, the study reveals that the market is set to grow at a CAGR of XX% during the forecast period owing to a plethora of factors.

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    The market study aims to provide answers to the following questions related to the Weather Forecasting Equipment market:

    1. How are market players modifying their business models to gain a competitive edge in the Weather Forecasting Equipment market?
    2. Which market players are leading in terms of the adoption of novel technologies?
    3. What are the top factors that are expected to boost the growth of the Weather Forecasting Equipment market?
    4. Which is the most impactful growth strategy adopted by market players?
    5. What are the factors that could potentially hamper the growth of the Weather Forecasting Equipment market over the forecast period?

    The report splits the global Weather Forecasting Equipment market into different market segments such as

    Vaisala (Finland)
    Sutron Corporation (US)
    Campbell Scientific (US)
    Airmar Technology Corporation (US)
    Liquid Robotics (US)
    All Weather, Inc. (US)
    Morcom International, Inc. (US)
    Columbia Weather Systems (US)
    G. Lufft Mess-und Regeltechnik (Germany)
    Skye Instruments (UK)

    Segment by Regions
    North America
    Europe
    China
    Japan
    Southeast Asia
    India

    Segment by Type
    Barometer
    Anemometer
    Hygrometer
    Rain Gauge
    Thermometer
    Radiometer
    Scatterometer
    Spectrometer
    Others

    Segment by Application
    Agriculture
    Aviation
    Transportation & Logistics
    Energy & Power
    Marine
    Meteorology
    Hydrology
    Others

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    Vital data enclosed in the report:

    • SWOT analysis of the leading market players in the Weather Forecasting Equipment market
    • Analysis of the most lucrative distribution channels for market players in different regions
    • Assessment of the key success factors impacting the growth of the Weather Forecasting Equipment market on the global scale
    • Regulatory policies that are likely to accelerate/hamper the market growth
    • Year-on-Year growth of each market segment and sub-segment

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    MARKET REPORT

    Sodium Bicarbonate Market Challenges On Upcoming Trends 2019 – 2027

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    Latest Study on the Global Sodium Bicarbonate Market

    The latest report published by Transparency Market Research on the Sodium Bicarbonate market offers valuable insights related to the future prospects of the Sodium Bicarbonate market. The underlying trends, prospective opportunities, impeding factors, and notable market drivers are analyzed in the presented report.

    As per the study, the Sodium Bicarbonate market is expected to grow at a CAGR of ~XX% and reach a value of ~US$ towards the end of 2029. Moreover, an in-depth analysis of the micro and macro-economic elements that are expected to influence the trajectory of the Sodium Bicarbonate market during the forecast period (2019-2029) is included in the report.

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    Indispensable Insights Related to the Sodium Bicarbonate Market Included in the Report:

    • Estimated output of the Sodium Bicarbonate market in 2019
    • Growth factors and restraints likely to influence the dynamics of the Sodium Bicarbonate market
    • Growth prospects of the Sodium Bicarbonate market in various regions
    • Parameters expected to shape the growth of the Sodium Bicarbonate market
    • Company profiles of established players in the Sodium Bicarbonate market

    An in-depth evaluation of the growth prospects and market scenario in each region is enclosed in the report backed by informative and relevant list of figures, tables, and graphs. 

    Market segments and sub-segments

  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis
  • The regional analysis covers:

    • North America (U.S. and Canada)
    • Latin America (Mexico, Brazil, Peru, Chile, and others)
    • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
    • Eastern Europe (Poland and Russia)
    • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
    • Middle East and Africa (GCC, Southern Africa, and North Africa)

    The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

    A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

    Highlights of the report:

    • A complete backdrop analysis, which includes an assessment of the parent market
    • Important changes in market dynamics
    • Market segmentation up to the second or third level
    • Historical, current, and projected size of the market from the standpoint of both value and volume
    • Reporting and evaluation of recent industry developments
    • Market shares and strategies of key players
    • Emerging niche segments and regional markets
    • An objective assessment of the trajectory of the market
    • Recommendations to companies for strengthening their foothold in the market   

    Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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    The report clarifies the following doubts related to the Sodium Bicarbonate market:

    1. Which end-use is likely to dominate the Sodium Bicarbonate market in terms of demand and share?
    2. What is the scope for innovation in the Sodium Bicarbonate market?
    3. How are the evolving regulatory policies expected to impact the growth of the Sodium Bicarbonate market?
    4. Which region is likely to offer a plethora of opportunities for market players in the Sodium Bicarbonate market?
    5. How are market players aiming to enhance their manufacturing/production capacity?

    Why Companies Trust TMR’s Analytical Insights?

    • Swift and prompt customer support
    • Methodical and systematic market research process
    • Our reports have empowered the business prospects of over 500 clients
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    About TMR

    Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

    Contact

    Transparency Market Research
    State Tower
    90 State Street,
    Suite 700,
    Albany, NY – 12207
    United States
    Tel: +1-518-618-1030
    USA – Canada Toll Free: 866-552-3453
    Email: [email protected]
    Website: http://www.transparencymarketresearch.com

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