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.
The Submersible Pumps market was valued at 9080 Million US$ in 2018 and is projected to reach 13800 Million US$ by 2025, at a CAGR of 5.4% 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 Pumps.
This report presents the worldwide Submersible Pumps 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:
General Electric
Grundfos
Borets
Ebara
Falcon Pumps
Flowserve
Kirloskar Brothers
KSB
Ruhrpumpen
Sulzer
Walrus America
Submersible Pumps Breakdown Data by Type
Borewell Submersible Pump
Open Well Submersible Pump
Submersible Pumps Breakdown Data by Application
Water and Wastewater Management
Mining and Construction
Petroleum
Others
Submersible Pumps Production by Region
United States
Europe
China
Japan
Other Regions
Submersible Pumps Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Submersible Pumps status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Submersible Pumps 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 Pumps :
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 Pumps 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.
Summary:
Get latest Market Research Reports on Submersible Pumps . Industry analysis & Market Report on Submersible Pumps is a syndicated market report, published as Global Submersible Pumps Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Submersible Pumps market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.