Horizontal Surface Pumps Market 2021: Sales Revenue, Development Strategy
Market Highlights Global Horizontal Pumping Systems (HPS) Market is projected to grow at a high rate during the study period due to the rise in oil and gas exploration and production (E&P) and the increasing use of horizontal pumping systems in industrial applications. Moreover, the rising adoption of horizontal pumping systems in developing countries is expected to present a growth opportunity for the global horizontal pumping systems (HPS) market. The growing demand for fluid handling solutions in the oil & gas, mining, and industrial verticals is expected to drive the market for horizontal pumping systems during the forecast period. Horizontal pumping systems are used for surface pumping applications in the oil & gas industry for the movement of gases and fluids. These pumps are used in various operations in upstream, midstream, and downstream activities in the oil & gas industry, such as pipeline booster, water injection, CO2 injection, jet pumping, crude oil ...