Global Artificial Lift Market is Expected to Reach $27.3 Billion by 2020

According to a new report by Allied Market Research entitled, "Global Artificial Lift Market - Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 - 2020", the global artificial lift market is expected to reach $27.3 billion by 2020, registering a CAGR of 10.5% during 2014-2020. Continuously declining oil prices-hitting a 4-year low-have forced the oil extraction companies to optimize their spending by increasing efficiency. In line with this, the companies are increasingly deploying artificial lifts to increase output from the existing wells. As a result, the artificial lift market is expected to pick pace in next two years.

Transformer Oil Market is Projected to Reach $3.4 Billion, Globally, By 2020

A new report by Allied Market Research, titled, "World Transformer Oil Market - Opportunities and Forecasts, 2014-2020," projects the global transformer oil sales to reach $3.4 billion by 2020, with the mineral oil-based transformer oil segment to maintain its dominance until 2020.

World Solid State Transformers Market to Grow at a CAGR of 46.6%

A new report published by Allied Market Research, titled, “Opportunity Analysis of World Solid State Transformers Market by 2020", projects global solid state transformers sales to reach $247.0 million by 2020. Power solid state transformers segment is estimated to occupy more than half of the market revenue by 2020. The North American market is anticipated to exhibit the highest CAGR of 49.3% during the forecast period.

Solid State Transformers Market Report

PORTLAND, Oregon, /PRNewswire/ -- A new report published by Allied Market Research, titled, "Opportunity Analysis of World Solid State Transformers Market by 2020".

Report projects global solid state transformers sales to reach $247.0 million by 2020. Power solid state transformers segment is estimated to occupy more than half of the market revenue by 2020. The North American market is anticipated to exhibit the highest CAGR of 49.3% during the forecast period.

Shale Gas Market is Expected to Reach $104.1 Billion, Globally, by 2020

According to a new market research report by Allied Market Research titled, "Global Shale Gas Market (Technology, Application and Geography) - Industry Analysis, Trends, Share, Opportunities and Forecast, 2013 - 2020" the global shale gas market is forecast to reach $104.1 billion by 2020, registering a CAGR of 9.3% during the forecast period (2014 - 2020). The corresponding volume consumption will reach 19,619.4 bcf in the same year. The advent of hydraulic fracturing and horizontal drilling techniques has nearly doubled the efficiency of shale gas retrieval from plays, revolutionizing the shale gas market. China is a major Asian country to propel the demand aided by insatiable energy needs and increasing dependence on natural gas.