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2025-06-11 14:12:19

Competitive Benchmarking and Artificial Lift Market Growth Analysis

The global artificial lift market was valued at USD 6,935.95 million in 2023 and is projected to grow from USD 7,292.65 million in 2024 to USD 10,984.71 million by 2032, reflecting a CAGR of 5.2% over the forecast period. Rising global energy demand, increasing production from mature wells, and advancements in oilfield technologies are fueling the...

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