openPR Logo
Press release

Tethered Manned Submersible Market Share Growth and Analysis

06-22-2018 04:11 PM CET | Energy & Environment

Press release from: Coherent Market Insights

Tethered submersible pump is a pumping equipment used for the extracting different types of fluid such as water and crude oil, which is further sent to the various end-use industries such automotive, oil & gas, and mining, however, is highly preferred for agricultural and industrial applications. Submersible pump is vertically submerged under the fluid to be transported (such as water) and is driven by electric current, operating on the principle of centrifugal force.

Increasing number of the construction activities is one of the major factors driving the growth of the market

The increasing number of the construction activities across the world is one of the major factors driving the growth of the market. Increasing urbanization across the world, is further increases the development of infrastructural activities across the world. For instance, according to the WorldBank.org the urban population in 2014 was 53.8% of global population, which reached up to 54.3%, globally. Development in Infrastructure results in increased construction activities, which eventually creates a demand for tethered manned submersible pump in order to extract water from the surface, further creating new sources of water for the residential, industrial, and commercial purposes.

Request Sample Copy of this Report @ https://www.coherentmarketinsights.com/insight/request-sample/1779

This in turn, is expected to propel growth of the tethered manned submersible market over the forecast period. Moreover, increasing government investments in infrastructure development is another factor fostering growth of the market. For instance, in January 2016, according to the press release of financier worldwide magazine, between US$ 700 billion and US$ 800 billion is invested in infrastructure development worldwide each year, of which around US$ 550 billion is invested in emerging economies. Therefore, increasing infrastructure development is expected to increase the demand for tethered manned submersible pumps for extracting oil and water from the surface, which in turn helps meet the increasing demand for water and oil across the world. Hence, all these factors help boost growth of the global tethered manned submersible pump market.

High cost associated with maintenance of tethered manned submersible pumps is one of the major factors restraining growth of the market

The high cost involved in maintenance of tethered manned submersible pumps is one of the major factors restraining growth of the market. Moreover, while extracting fluid from the surface, the motor of the pump fails to operate optimally, which poses as a restraint. Additionally, the cost of repairing is based on the type of pump. For instance, according to Coherent Market Insights analysis, the average cost to repair a sump pump is US$ 485. The final price could range between US$ 110 and US$ 1,000, depending on the extent of the service. Homeowners pay between US$ 293 and US$ 684 for repairs on an average. This factor in turn, is hampering growth of the tethered manned submersible market size.

For More Information @ https://www.coherentmarketinsights.com/ongoing-insight/tethered-manned-submersible-market-1779

Global Tethered Manned Submersible Market: Competitive Landscape

Major players operating in the global tethered manned submersible market include Baker Hughes, General Electric, Grundfos Pumps India Private Ltd., Halliburton, Schlumberger Ltd, Borets International Ltd, Ebara Corporation, Falcon Pump, Walrus America, WILO SE, and Xylem, Inc.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Tethered Manned Submersible Market Share Growth and Analysis here

News-ID: 1094797 • Views: 328

More Releases from Coherent Market Insights

Dark Chocolate Market growth in New Research and Know about its Top growing fact …
Dark chocolate is a bitter, brown comfort food prepared from cocoa beans in the form of block, liquid, or paste. Dark chocolate is used as a flavoring ingredient in several foodstuffs such as chocolate brownies, cakes, chocolate cookies, bars, and candies. The main ingredient in dark chocolate is cocoa that provides phytochemicals (an antioxidant). Various health benefits offered by dark chocolate such as high content of phytochemicals in dark chocolates
Halal Food Market growth in New Research and Know about its Top growing factors …
Halal Foods are food items, which are free from components that are prohibited for consuming for Muslim community, according to the Islamic law. These foods are prepared, processed, produced, made, manufactured, or stored in utensils and machinery that have cleaned according to laws of Islamic community. The global halal food market is expanding rapidly, owing to rising Muslim population together with the increase in people who consume these food for non-religious
Weight Loss Diet Products Market To Showing Impressive Growth By 2026 | Industry …
The Global Weight Loss Diet Products and Weight Loss Diet Products Market Report is a coherent inspection of Weight Loss Diet Products and Weight Loss Diet Products industry potential, influential factors, and overall performance. The report aims to provide valuable concepts about the association between the market and global economic structure, diverse impacts, and market’s abilities that are expected to steer the market towards commendable highness. Request to View Sample of
Flexible Packaging Market 2021 By Precise Outlook, Overview, Status & Forecast T …
Flexible packaging is the type of packaging product which is made from flexible materials and easily resilient materials. Flexible packaging can be readily molded into multiple shapes after filling or canning. Furthermore, these packaging products is mainly composed of metals, plastics, papers, foil, paper sheet, laminated paper, and plastic layers. Market Dynamics The global flexible packaging market has witnessed significant growth in recent past years, owing to increasing demand for packaging solutions

All 5 Releases


More Releases for Tethered

Apellix™ Gets Patent for Tethered Aerial Robots, Drones and Base Stations
Apellix, the safety partner for the technological revolution, is proud to announce that has been granted its third full patent from the United States Patent and Trademark Office for an unmanned aerial vehicle (drone) with a dispensing tool, an autonomous (moveable) base station, and an umbilical / tether apparatus. Bob Dahlstrom, Apellix founder and CEO, said: “This patent further establishes our dominance in the use of aerial robotic systems for modifying
Global Tethered Drones Market Insights, Forecast to 2025
This report presents the worldwide Tethered Drones market size (value, production and consumption), splits the breakdown (data status 2013-2018 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. Tethered drones are developed for surveillance and broadcasting, which enables users unlimited flight
Vehicle Telematic Market Research|2018-2023| Embedded, Tethered
Vehicle Telematic Market report provides current, accurate, and reliable statistics of the Vehicle Telematic market with an in-depth analysis by industry experts along with projections to 2023 that will help you decide different strategies to boost your sales, decrease the operations cost etc. Telematics is the term used to refer to the wireless connectivity between a vehicle and a telecommunication infrastructure. Telematics is an integrated technology where telecommunication and IT technologies
Global Tethered Drones Market Trends,Size,Status and Forecast 2018-2022
Tethered drones are developed for surveillance and broadcasting, which enables users unlimited flight time with the help of a tethered power station. global tethered drones market to grow at a CAGR of 72.58% during the period 2018-2022. Get Sample@ https://www.researchbeam.com/global-tethered-drones-2018-2022-market/request-sample Covered in this report The report covers the present scenario and the growth prospects of the global tethered drones market for 2018-2022. To calculate the market size, the report presents a detailed
Tethered Manned Submersible Market Industrial Analysis and Growth Trends
Tethered submersible pump is a pumping equipment used for the extracting different types of fluid such as water and crude oil, which is further sent to the various end-use industries such automotive, oil & gas, and mining, however, is highly preferred for agricultural and industrial applications. Submersible pump is vertically submerged under the fluid to be transported (such as water) and is driven by electric current, operating on the principle
Global Consumer Telematics Systems Sales Market By Product Type - Integrated Tel …
Researchmoz added Most up-to-date research on "Global Consumer Telematics Systems Sales Market By Product Type - Integrated Telematics, Embedded Telematics & Tethered Telematics" to its huge collection of research reports. In this report, the global Consumer Telematics Systems market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this