Submersible Pumps Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027

The submersible pump market is expected to grow at an annual average of 5% or more over 2021-2027 Growing urban population and increasing industrialization are expected factors to drive the submersible pump market. Increasing investment in infrastructure development is another factor driving market growth. Increasing motor failures and high troubleshooting costs are major limiting factors impeding market growth. The increase in deep-sea-related exploration activities and the increase in subsea operations are factors that will provide a wealth of growth opportunities for this market. Designing a submersible pump that can operate for pump suction excess air is a major market challenge faced by manufacturers and end users.

A full report of Submersible Pumps Market available at https://www.orionmarketreports.com/submersible-pumps-market/49750/

Submersible Pumps Market Segmentations

By Type

• Openwell
• Borewell

By Operation

• Single Stage
• Multistage

By Application

• Industrial Sector
• Agriculture Sector
• Domestic Sector

By Power Rating

• Low Power
• Medium Power
• High Power

By Industry

• Water & Wastewater
• Energy & Power
• Mining & Construction
• Other Industries

Key Company Profiles

• Xylem Inc.
• Sulzer AG
• KSB Group
• Grundfos Group
• Ebara Corporation
• Atlas Copco AB
• Flowserve Corporation
• General Electric Company
• Halliburton Company
• The Gorman-Rupp Company
• Tsurumi Manufacturing Co., Ltd.
• Wilo SE, ITT Goulds Pumps
• Toyo Denki Industrial Co., Ltd.
• Walrus Pump Co., Ltd

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

The report covers the following objectives:

• Proliferation and maturation of trade in the Submersible Pumps Market.
• The market share of the Submersible Pumps Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Submersible Pumps Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Submersible Pumps Market.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Submersible Pumps Market Report

• What was the Submersible Pumps Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Submersible Pumps Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Submersible Pumps Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.