The Submersible Pumps Market is
anticipated to achieve a CAGR of 5.57% while accumulating revenues worth USD
14,127.2 million in the forecast period. The subsea production activities have
created a substantial impetus for the development of the submersible pumps.
Reports that appraise the energy and power industry have been made accessible
by Market Research Future which generates reports on several industry verticals
that analyze the market growth and prospects.
The growing demand for offshore
exploration and subsea production activities in the oil and gas sector is
likely to be a major driver for the global submersible pumps market over the
forecast period. The falling levels of onshore oil and gas reservoirs have led
to an increased interest in offshore exploration and production. The increasing
profitability of offshore ventures has led to a steady rise in government as
well as private funding for the sector, resulting in a growing demand for
accessories such as submersible pumps.
Get
Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/1351
Global
Submersible Pumps Market Segmental Analysis
The evaluation of the submersible
pumps market is carried out on the basis of operation, well type, end-use
industry, power rating, and region.
Based on the well type, the
submersible pumps market is segmented into bore well and open well.
Based on operation, the submersible
pumps market is segmented into multi-stage and single-stage.
On the basis of power rating, the
submersible pumps market is segmented into medium power, low power, and high
power.
The segmentation of the submersible
pumps market by end use industry comprises of agriculture and irrigation, water
and wastewater, construction, oil and gas, mining, and others.
Based on the region, the
submersible pumps market is segmented into Europe, North America, Asia Pacific,
and the rest of the world.
Companies
Covered
KSB Group (Germany), Ebara
Corporation (Japan), Flowserve Corporation (U.S.), The Gorman-Rupp Company
(U.S.), Xylem (U.S.), Atlas Copco AB (Sweden), The Weir Group PLC (U.K.),
Sulzer Ltd. (Switzerland), Tsurumi Manufacturing Co. Ltd. (Japan), and Grundfos
(Denmark).
Get Complete
Report at: https://www.marketresearchfuture.com/reports/submersible-pumps-market-1351
Global
Submersible Pumps Market Regional Analysis
The regional assessment of the submersible
pumps market is segmented into regions such as Europe, North America, Asia
Pacific, and the rest of the world.
The Asia Pacific region is expected
to be the top contributor for the submersible pumps market throughout the
forecast period owing to the expanding offshore search and production
activities in nations such as China. The growing water and wastewater industry
in nations such as China and India, who are modernizing their water management
procedures while overseeing the demands of their mounting populations, is also
expected to be a chief driver for the submersible pumps market in the Asia
Pacific region. The Asia Pacific region was accountable for up to 42 % of the
submersible pumps market in 2017.
Industry
Updates:
Mar 2019 A Denmark-based pump
producer, Grundfos recently stated that it is doing efforts to come up with an
inexpensive innovation for the groundwater market in the nation. The company
states that products like water treatment solutions and solar-powered pumps have
an immense possibility in India. Moreover, the company also noted that the
solar-powered submersible products, as well as water distribution and water
treatment solutions, have vast prospects in India.
List
of Figures
Figure 1 Global
Submersible Pump Market Share, By Industry, 2017 (% Share)
Figure 2 Global
Submersible Pump Market Share, By Well Type, 2017 (% Share)
Figure 3 Global
Submersible Pump Market Share, By Operation, 2017 (% Share)
Figure 4 Global
Submersible Pump Market Share, By Power Rating, 2017 (% Share)
Figure 5 Global
Submersible Pump Market Share, By Region, 2017 (% Share)
Figure 6 Europe:
Submersible Pump Market Share, By Country, 2017 (% Share)
Figure 7
Asia-Pacific: Submersible Pump Market Share, By Country, 2017 (% Share)
Figure 8 Rest Of
World: Submersible Pump Market Share, By Country, 2017 (% Share)
Continue…
View
More Info @ https://on.mktw.net/2UaFDjJ
About
Market Research Future:
At Market Research Future (MRFR),
we enable our customers to unravel the complexity of various industries through
our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw
Research Reports (3R), Continuous-Feed Research (CFR), and Market Research
& Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
No comments:
Post a Comment