Submersible Pumps Market to Witness Robust Expansion by 2025 - QY Research, Inc.

This report studies the Submersible Pumps market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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 global Submersible Pumps market was 9080 million US$ in 2017 and is expected to 13800 million US$ by the end of 2025, growing at a CAGR of 5.4% between 2018 and 2025.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Submersible Pumps in these regions, from 2013 to 2025, covering

    North America (United States, Canada and Mexico)

    Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

    Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

    South America (Brazil etc.)

    Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

    General Electric

    Grundfos

    Borets

    Ebara

    Falcon Pumps

    Flowserve

    Kirloskar Brothers

    KSB

    Ruhrpumpen

    Sulzer

    Walrus America

By the product type, the market is primarily split into

    Borewell Submersible Pump

    Open Well Submersible Pump

By the end users/application, this report covers the following segments

    Water and Wastewater Management

    Mining and Construction

    Petroleum

    Others

The study objectives of this report are:

    To study and analyze the global Submersible Pumps market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.

    To understand the structure of Submersible Pumps market by identifying its various subsegments.

    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

    Focuses on the key global Submersible Pumps manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

    To analyze the Submersible Pumps with respect to individual growth trends, future prospects, and their contribution to the total market.

    To project the value and volume of Submersible Pumps submarkets, with respect to key regions (along with their respective key countries).

    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

    To strategically profile the key players and comprehensively analyze their growth strategies.

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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.

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