A submersible pump, also called an electric submersible pump, is a pump that can be fully submerged in water. The motor is hermetically sealed and close-coupled to the body of the pump.
The global Submersible Motors market is relatively concentrated as the manufacturing technology of Submersible Motors is relatively higher than some motor equipment. Some enterprises are well-known for the wonderful performance of their Submersible Motors and related services. The leading players Franklin Electric, Grundfos, Flowserve, Faradyne Motors are remarkable in the global Submersible Motors industry because of their market share and technology status of Submersible Motors.
The Submersible Motors market was valued at 1630 Million US$ in 2018 and is projected to reach 2140 Million US$ by 2025, at a CAGR of 3.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Submersible Motors.
This report presents the worldwide Submersible Motors market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Submersible Motors Breakdown Data by Type
Submersible Motors Breakdown Data by Application
Submersible Motors Production by Region
Submersible Motors Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Submersible Motors status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Submersible Motors manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers 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 Motors :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Submersible Motors market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.