Submersible Centrifugal Pump Market 2021 Analysis by Global Manufacturers – ITT, Flowserve, Grundfos, Schlumberger, Sulzer, RuhRPumpen, Pentair, Weir Group, Ebara, Idex, Wilo, Tapflo

The Submersible Centrifugal Pump Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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The 118 pages report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Submersible Centrifugal Pump Market: ITT, Flowserve, Grundfos, Schlumberger, Sulzer, RuhRPumpen, Pentair, Weir Group, Ebara, Idex, Wilo, Tapflo and others.

Kirloskar Brothers to focus on margin improvement

October 1, 2018: Kirloskar Brothers Ltd (KBL), the largest and oldest pump manufacturer in the country, will focus on improving margins than scaling up revenues, said Sanjay C Kirloskar, chairman and managing director.

The pioneering company with a history of nearly 130 years and the first company under the Kirloskar group, has been facing margin pressure in recent years due to economic slowdown and drying up of industry sector revenues.

KBL had net sales of Rs.1,913 crore in FY2018 with a net profit of Rs.65.6 crore, as against sales of Rs1,735 crore with a net profit of Rs 33 crore in the previous year.

The global centrifugal pump market is expected to grow at a compounded annual growth rate (CAGR) of 4.7 per cent from the current $33 billion to $50 billion by 2027. The Indian centrifugal pump market is valued about Rs 11,290 crore and is expected to grow at over 10 per cent. KBL commands nearly 20 per cent of the domestic market with a huge product portfolio that ranges from 3 kilowatthour (KWh) to 20 megawatt (MW) pumpsets.

With a view to optimise cost, the company has introduced an automated capex management system and is strengthening IT capabilities. The company is also upgrading effectiveness of its existing product offerings. Thermal power projects are facing a crisis and with the government's thrust on adding new nuclear capabilities and focus on renewable energy, the company is expecting more orders from these sectors. Sectors like chemical, oil and gas, transportation, steel etc is seeing a revival and that can translate to better order position. Water management, marine and defence sectors are also likely to contribute to growth in the coming years, said Sanjay Kirloskar, a fourth generation entrepreneur.

In the export markets, the company is focusing more on fluid management products and solutions as environmental concerns are increasing and demand for potable water is on the rise. KBL has subsidiaries in the USA, UK, Netherlands, South Africa and Thailand, besides sales offices in many countries.

Global Submersible Centrifugal Pump Market Split By Product Type And Applications:

This report segments the global Submersible Centrifugal Pump market on the basis of Types is:

Axial Flow Pumps

Mixed/Radial Flow Pumps

Peripheral Pumps

Jet Pumps

On the basis of Application, the Global Submersible Centrifugal Pump market is segmented into:

Domestic water and wastewater

Petroleum industry

Chemical industry

Food and beverage

Mining industry

Others

The research study evaluates the overall size of the market, by making use of a bottom-up approach, wherein data for different industry verticals, and end-user industries and its applications across various product types have been recorded and predicted during the forecast period. These segments and sub-segments have been documented from the industry specialists and professionals, as well as company representatives, and are outwardly validated by analyzing previous years’ data of these segments and sub-segments for getting an accurate and complete market size.

Regions and Countries Level Analysis

Regional analysis is another highly comprehensive part of the research and analysis study of the Submersible Centrifugal Pump market presented in the report. This section sheds light on the sales growth of different regional and country-level Submersible Centrifugal Pump markets. For the historical and forecast period 2016 to 2027, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global Submersible Centrifugal Pump market.

The report offers in-depth assessment of the growth and other aspects of the Submersible Centrifugal Pump market in important countries (regions), including:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, etc.)
Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)

Key Points of Submersible Centrifugal Pump Market Table of Contents:

-Market Overview: The report begins with this section where a product overview and key content on the product and application segments of the global Halal Foods market are provided. The highlights of the segmentation study include price, revenue, sales, sales growth rate, and market share by product.

-Competition by company: Here we analyze the competition of the global Submersible Centrifugal Pump market, by company price, revenue, sales and market share, market share, competitive landscape, and latest trends, mergers, expansions, acquisitions, and market share of top companies.

-Company Profile and Sales Data: As the name suggests, this section provides sales data and useful information about the business of key players in the global Submersible Centrifugal Pump market. It describes the key businesses of gross margin, price, revenue, products and specifications, types, applications, competitors, manufacturing base, and key players operating in the global Submersible Centrifugal Pump market.

-Market Forecast: Here the report provides a full forecast for the global Submersible Centrifugal Pump market by product, application, and region. It also provides global sales and revenue forecasts for all years in the forecast period.

-Research Results and Conclusion: One of the last sections of the report where analyst findings and findings are provided.

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