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Global Vertical Immersion Pumps Market Growth Prospects, Future Industry Landscape 2032 | KSB SE & Co. KGaA, ITT Inc., Ruhrpumpen Group, Castle Pumps, AxFlow Holding AB, Flowserve Corporation
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Vertical Immersion Pumps Market Size, Growth Rate, And Forecast
The global vertical immersion pumps market size is expected to grow from $3.32 billion in 2022 to $3.45 billion in 2023 at a compound annual growth rate (CAGR) of 4.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The vertical immersion pumps market is expected to grow to $3.95 billion in 2027 at a CAGR of 3.4%.
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Vertical Immersion Pumps Market Drivers
The growing demand from various industries is expected to propel the demand for the vertical immersion pumps market going forward.Vertical immersion pumps are gaining traction in a variety of sectors, including irrigation, dewatering, water cooling, and oil, gasoline, and lubricant transfer.
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Vertical Immersion Pumps Market Segments
1) By Product Type: Line Shaft Pump (VS-4), Cantilever Pump (VS-5)
2) By Material: PP (GFR), PVDF, Cast Iron, Ductile Cast Iron, WCB, Other Materials
3) By Capacity: Up to 100 m3/hr; 100 to 500 m3/hr; 500 to 1000 m3/hr; Above 1000 m3/hr
4) By Application: Irrigation, Portable Water Supply, Water Cooling, Dewatering, Geothermal Well, Oils, Fuels, Lubricants Transfer, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Vertical Immersion Pumps market.
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Vertical Immersion Pumps Market Key Players
Major players in the vertical immersion pumps market are KSB SE & Co. KGaA, ITT Inc., Ruhrpumpen Group, Castle Pumps, AxFlow Holding AB, Flowserve Corporation, North Ridge Pumps, Tapflo Group, Vertiflo Pump Company, FLUX Pumps, Salvatore Robuschi and C. S.r.l., Lenntech BV, Brinkmann Pumps, Gusher Pumps, RENNER, Vertiflo Pump Company, Tapflo Pumps, and CRI Pumps.
The Business Research Company's "Global Vertical Immersion Pumps Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Vertical Immersion Pumps Market Include:
1. Executive Summary
2. Vertical Immersion Pumps Market Characteristics
3. Vertical Immersion Pumps Market Trends And Strategies
4. Vertical Immersion Pumps Market - Macro Economic Scenario
5. Vertical Immersion Pumps Market Size And Growth
……
27. Vertical Immersion Pumps Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Vertical Immersion Pumps Market
29. Vertical Immersion Pumps Market Future Outlook and Potential Analysis
30. Appendix
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