The submersible pump market is expected to grow at a CAGR of more than 5% during 2021-2027. The main factors driving the market are the treatment of wastewater across the industry, the recovery of oil and gas and mining, the construction industry, and the surge in industrial infrastructure. However, this market is facing certain challenges such as high maintenance and operating costs, volatility in oil and gas prices. These factors act as obstacles to market growth.
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Company Profile
- Xylem Inc.
- Sulzer AG
- KSB Group
- Grundfos Group
- Ebara Corporation
- Atlas Copco AB
- Flowserve Corporation
- General Electric Company
- Halliburton Company
- The Gorman-Rupp Company
- Tsurumi Manufacturing Co., Ltd.
- Wilo SE, ITT Goulds Pumps
- Toyo Denki Industrial Co., Ltd.
- Walrus Pump Co., Ltd
Market Segmentation
Submersible Pumps Market- Segmentation
By Type
- Openwell
- Borewell
- Submersible Pumps Market By Operation
- Single Stage
- Multistage
By Application
- Industrial Sector
- Agriculture Sector
- Domestic Sector
By Power Rating
- Low Power
- Medium Power
- High Power
By Industry
- Water & Wastewater
- Energy & Power
- Mining & Construction
- Other Industries
Scope of the Report
The research study analyzes the global Submersible Pumps industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Submersible Pumps Market Report
1. What was the Submersible Pumps Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Submersible Pumps Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Submersible Pumps Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Submersible Pumps market.
- The market share of the global Submersible Pumps market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Submersible Pumps market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Submersible Pumps market.
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