Press release
Submersible Pumps Market is expected to reach USD 33.34 Bn by 2030, as per Maximize Market Research
The Submersible Pumps Market size was valued at USD 59.40 Billion in 2023 and the total Submersible Pumps revenue is expected to grow at a CAGR of 5.6 % from 2024 to 2030, reaching nearly USD 86.98 Billion by 2030.๐๐ฎ๐๐ฆ๐๐ซ๐ฌ๐ข๐๐ฅ๐ ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
A submersible pump, also known as an electrical submersible pump (ESP), is a water pump placed underwater for various uses. The pump features a hermetically sealed electric motor that is closely coupled to remove the necessity for priming while functioning submerged in the fluid.
๐๐ฎ๐๐ฆ๐๐ซ๐ฌ๐ข๐๐ฅ๐ ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
The Submersible Pumps Market in 2023 was led by the Asia-Pacific (APAC) region, which is anticipated to retain its leadership throughout the forecast period, fuelled by strong industrial activities in nations like India and China. China, specifically, is projected to experience notable growth in crude oil refining capacity, highlighting the rising demand for submersible pumps in sectors like oil and chemicals. The area is undergoing a period of growth, fuelled by a significant rate of population increase, resulting in a heightened demand for water resources.
๐ ๐จ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/39804/
๐๐ฎ๐๐ฆ๐๐ซ๐ฌ๐ข๐๐ฅ๐ ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
The escalating global water scarcity crisis, along with an increasing need for effective irrigation systems in agriculture, is propelling the expansion of the Submersible Pumps Market. For example, in India, a significant agricultural centre, firms like Kirloskar contribute greatly to addressing water scarcity issues in areas like Punjab, guaranteeing a steady water supply for large-scale crop production and enhancing agricultural yield. Accelerating urban growth and continual infrastructure developments globally are driving the increased need for submersible pumps, especially in water supply and sewage treatment. Cities like Beijing illustrate this trend, as brands such as Sulzer are utilized to tackle water distribution issues and aid in the infrastructure development needed for growing urban populations.
๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ง๐ค ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐ @https://www.maximizemarketresearch.com/request-sample/39804/
๐๐ฎ๐๐ฆ๐๐ซ๐ฌ๐ข๐๐ฅ๐ ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ฒ๐ฉ๐ ๐จ๐ ๐๐ซ๐ฒ๐ฉ๐ญ๐จ๐๐ฎ๐ซ๐ซ๐๐ง๐๐ฒ ๐๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐
Bitcoin
Ethereum
Litecoin
Various Altcoins
๐๐ฒ ๐๐ซ๐๐ง๐ฌ๐๐๐ญ๐ข๐จ๐ง ๐๐ฒ๐ฉ๐
Buy-Only ATMs
Sell-Only ATMs
Two-Way ATMs (Buying and Selling)
๐๐ฒ ๐๐๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐๐ง๐ญ ๐๐ฒ๐ฉ๐
Airports
Shopping Malls
Retail Stores
Standalone Installations
๐๐ฒ ๐๐๐๐๐ฌ๐ฌ๐ข๐๐ข๐ฅ๐ข๐ญ๐ฒ
Public ATMs
Private ATMs
๐๐ฒ ๐๐ฐ๐ง๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐๐ฒ๐ฉ๐
Cryptocurrency Company Operated
Financial Institution Operated
Independent Operators
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐ญ๐ก๐๐ซ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/39804/
๐๐ฎ๐๐ฆ๐๐ซ๐ฌ๐ข๐๐ฅ๐ ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฅ๐๐๐๐๐ซ๐ฌ
Franklin Electric, United States.
Xylem Inc. (Goulds Pumps), United States.
Zoeller Pump Company, United States.
Grundfos, Denmark.
KSB SE & Co. KGaA, Germany.
Wilo SE, Germany.
Sulzer Ltd., Switzerland.
Pedrollo S.p.A., Italy.
Atlas Copco AB (Varisco), Sweden.
Ebara Corporation, Japan.
Tsurumi Manufacturing Co., Ltd., Japan.
Shakti Pumps (I) Ltd., India.
Crompton Greaves Consumer Electricals Ltd., India.
Kirloskar Brothers Limited, India.
TSURUMI MANUFACTURING CO., LTD., Japan.
๐๐จ ๐๐๐ญ ๐๐จ๐ซ๐:https://www.maximizemarketresearch.com/market-report/global-submersible-pumps-market/39804/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What was the Market size in 2023?
What is the projected demand for the Submersible Pumps Market?
Which are the factors expected to drive the Market growth?
What is the future projection for the Submersible Pumps Market?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Submersible Pumps Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Submersible Pumps Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐ก๐๐ฌ ๐๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง
Global Drill Drivers Market size was valued at US$ 21.82 Bn in 2022, and the total revenue is expected to grow by 6.7% from 2023 to 2029, reaching nearly US$ 34.37 Bn.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/drill-drivers-market/146884/
The Marine HVAC Market size was valued at USD 862.77 Million in 2023 and the total Marine HVAC revenue is expected to grow at a CAGR of 3.45% from 2024 to 2030, reaching nearly USD 1093.98 Million.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/marine-hvac-market/221761/
Low Speed Electric Vehicle Market size was valued at USD 5.37 Bn. in 2023 and the total revenue is expected to grow at 8.6 % through 2024 to 2023, Low Speed Electric Vehicle Market is reaching nearly USD 9.57 Bn. By 2030.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/low-speed-electric-vehicle-market/28310/
๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐. ๐๐๐.
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Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.
Their services cover market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence.
Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving market landscape.
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