Submersible Pumps for Mining Sector Market Competitive Dynamics & Research Report 2023 by Xylem, Grundfos Group, Sulzer, Ebara, Atlas Copco AB, Flowserve Corp, The Weir Group Plc.

Market Highlights

The global submersible pumps for mining sector market is a very dynamic market and is expected to witness high growth over the forecast period. The growth of submersible pumps for mining sector market is influenced by growing urban population, rapid industrialization, and huge investments for infrastructure development in the region. Moreover, submersible pumps are waterproof and prevent leakage of the liquid or electric charge when the pumps are immersed in liquid. Additionally, these pumps do not need extra space or utility room for their existence and can be immersed deeper in the liquid unlike any other pumps. Whereas, high cost of the submersible pumps & other substitute pumps, act as a major restraint for the growth of the market.

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Submersible centrifugal pumps with an electric drive is another type of pump used in oil production and vertical pumping of water. Submersible pumps with hydraulic drive and piston type, are also used in some countries. Ever increasing energy demand, increasing offshore new exploration, and production activities, increase investments in oil and gas industry and growth in agriculture and other industries, are driving the market.

Key Players

The key players of global Submersible pumps for mining sector market includes Xylem Inc. (U.S.), Grundfos Group (Demark), KSB Aktiengesellschaft (Germany), Sulzer Ltd (Switzerland), Ebara Corporation (Japan), Atlas Copco AB (Sweden), Flowserve Corporation (U.S.), The Weir Group Plc. (Scotland), Tsurumi Manufacturing Co., Ltd (Japan) and The Gorman-Rupp Company (U.S.)

Segmental Analysis

The global Submersible pumps for mining sector market has been segmented, based on Well Type, Pump Stage, Power Ratings and region.

On the basis of well type, bore well segment dominates the global submersible pumps for mining sector market with a share of 65.9% in 2016, and expected to grow at a CAGR of 5.38% during the forecast period.

On the basis of pump stage, multi stage segment accounted for the largest market share with a CAGR of 5.51% during the forecast period.

On the basis of power ratings, high power segment accounted for the largest market share and is projected to grow at the highest CAGR of 5.66%, during the forecast period

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LIST OF TABLES

Table 1 Market Synopsis

Table 2 Global Submersible Pumps For Mining Sector Market, By Well Type, 2015-2023 (USD Million)

Table 3 Global Submersible Pumps For Mining Sector Market, By Pump Stage, 2015-2023 (USD Million)

Table 4 Global Submersible Pumps For Mining Sector Market, By Power Ratings, 2015-2023 (USD Million)

Table 5 Asia-Pacific: Global Submersible Pumps For Mining Sector Market, By Country, 2015-2023 (USD Million)

Table 6 Asia-Pacific: Global Submersible Pumps For Mining Sector Market, By Well Type, 2015-2023 (USD Million)

Table 7 Asia-Pacific: Global Submersible Pumps For Mining Sector Market, By Pump Stage, 2015-2023 (USD Million)

Table 8 Asia-Pacific: Global Submersible Pumps For Mining Sector Market, By Power Ratings, 2015-2023 (USD Million)

Table 9 China: Global Submersible Pumps For Mining Sector Market, By Well Type, 2015-2023 (USD Million)

Table 10 China: Global Submersible Pumps For Mining Sector Market, By Pump Stage, 2015-2023 (USD Million)

Table 11 China: Global Submersible Pumps For Mining Sector Market, By Power Ratings, 2015-2023 (USD Million)

Table 12 Australia: Global Submersible Pumps For Mining Sector Market, By Well Type, 2015-2023 (USD Million)

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