A submersible pump is an equipment whose assembly are kept submerged in the fluids that it needs to pump thus preventing the formation of any vapor cavity in the liquid and work by pushing fluids to the surface from their submerged positions. These pumps are developed for different flow rates of the liquid satisfying different purposes in industries.
Global demand for submersible pumps is increasing due to infrastructural development activities worldwide. Governments of developing countries such as China and India are focussing on urbanisation, industrialisation and agricultural development, which is expected to drive demand for submersible pumps in the region. Demand for submersible pumps is expected to remain significant from agriculture and wastewater treatment industries throughout the forecast period. Development of new sources of potable water, small and medium scale industrial development are further expected to push the demand for submersible pumps over the forecast period 2017-2027.
Presence of a large number of Chinese players offering low price submersible pumps present significant challenges for many regional and global players in the submersible pumps market. The submersible pump industry is relatively fragmented with the presence of a large number of manufacturers across the globe. Organised market players are found to have been advancing towards mergers and acquisitions in order to expand their global footprint in the global submersible pumps market.
In 2019, the market size of Submersible Pumps is 9080 million US$ and it will reach 13800 million US$ in 2025, growing at a CAGR of 5.4% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Submersible Pumps.
This report studies the global market size of Submersible Pumps, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Submersible Pumps production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
General Electric
Grundfos
Borets
Ebara
Falcon Pumps
Flowserve
Kirloskar Brothers
KSB
Ruhrpumpen
Sulzer
Walrus America
Market Segment by Product Type
Borewell Submersible Pump
Open Well Submersible Pump
Market Segment by Application
Water and Wastewater Management
Mining and Construction
Petroleum
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Submersible Pumps status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Submersible Pumps manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Submersible Pumps are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Submersible Pumps . Industry analysis & Market Report on Submersible Pumps is a syndicated market report, published as Global (United States, European Union and China) Submersible Pumps Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Submersible Pumps market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.