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MnM’s client was interested in assessing market for Rod lift market by components and by technology. Further split of rod pump components in different parts for 2012 to 2014.

1. Methodology Adopted by MnM:

MnM carried out this study through a combination of Extensive secondary research is backed up by multiple primary interviews done with various industry experts and stakeholders within target geographies. Both, top-down and bottom-up approaches were used to cover the market. MnM analyzed historic & current quantitative market information for rod lift market by components (Surface lifting units, sucker rod and rod pumps) and technology (Hydraulic lifting units and conventional). Further rod pump component market is estimated by its sub part (plunger, barrel, valves and fittings) for the period 2012 to 2014.

2. Actual Solution Provided:

MnM analyzed and provided its client with insights pertaining to historic & current market for rod lift market by components and by technology. MnM also analyzed the rod pump component market for the period 2012-2014.

Value Delivered:

Through the detailed outcome of the study, MnM’s client was able to understand the rod lift historic market by its components and technology.