Forecast of Global HPS (Horizontal Surface Pumps) Market 2023

Global HPS (Horizontal Surface Pumps) market will register a 3.1% CAGR in terms of revenue, reach US$ 500 million by 2023, from US$ 420 million in 2017. HPS (Horizontal Surface Pumps) include a pump at the surface to send the power fluid down hole, a gas, diesel or electric engine to drive the pump, and a system for storing, treating and delivering the power fluid (produced oil or water) for use by the down hole pump .