openPR Logo
Press release

Submersible Pumps Market is expected to reach USD 33.34 Bn by 2030, as per Maximize Market Research

Submersible Pumps Market

Submersible Pumps Market

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.

๐’๐ฎ๐›๐ฆ๐ž๐ซ๐ฌ๐ข๐›๐ฅ๐ž ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

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.

๐’๐ฎ๐›๐ฆ๐ž๐ซ๐ฌ๐ข๐›๐ฅ๐ž ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

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…๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‹๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/39804/

๐’๐ฎ๐›๐ฆ๐ž๐ซ๐ฌ๐ข๐›๐ฅ๐ž ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ

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.

๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‹๐ข๐ง๐ค ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž @https://www.maximizemarketresearch.com/request-sample/39804/

๐’๐ฎ๐›๐ฆ๐ž๐ซ๐ฌ๐ข๐›๐ฅ๐ž ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐“๐ฒ๐ฉ๐ž ๐จ๐Ÿ ๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐œ๐ฒ ๐’๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ž๐

Bitcoin
Ethereum
Litecoin
Various Altcoins

๐›๐ฒ ๐“๐ซ๐š๐ง๐ฌ๐š๐œ๐ญ๐ข๐จ๐ง ๐“๐ฒ๐ฉ๐ž

Buy-Only ATMs
Sell-Only ATMs
Two-Way ATMs (Buying and Selling)

๐›๐ฒ ๐ƒ๐ž๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐ž๐ง๐ญ ๐“๐ฒ๐ฉ๐ž

Airports
Shopping Malls
Retail Stores
Standalone Installations

๐›๐ฒ ๐€๐œ๐œ๐ž๐ฌ๐ฌ๐ข๐›๐ข๐ฅ๐ข๐ญ๐ฒ

Public ATMs
Private ATMs

๐›๐ฒ ๐Ž๐ฐ๐ง๐ž๐ซ๐ฌ๐ก๐ข๐ฉ ๐“๐ฒ๐ฉ๐ž

Cryptocurrency Company Operated
Financial Institution Operated
Independent Operators

๐…๐จ๐ซ ๐Ÿ๐ฎ๐ซ๐ญ๐ก๐ž๐ซ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง, ๐œ๐ฅ๐ข๐œ๐ค ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/39804/

๐’๐ฎ๐›๐ฆ๐ž๐ซ๐ฌ๐ข๐›๐ฅ๐ž ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฅ๐ž๐š๐๐ž๐ซ๐ฌ

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.

๐“๐จ ๐†๐ž๐ญ ๐Œ๐จ๐ซ๐ž:https://www.maximizemarketresearch.com/market-report/global-submersible-pumps-market/39804/

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

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?

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

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

๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐ก๐š๐ฌ ๐š๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง

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.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ: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.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ: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.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/low-speed-electric-vehicle-market/28310/

๐Œ๐€๐—๐ˆ๐Œ๐ˆ๐™๐„ ๐Œ๐€๐‘๐Š๐„๐“ ๐‘๐„๐’๐„๐€๐‘๐‚๐‡ ๐๐•๐“. ๐‹๐“๐ƒ.

โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Submersible Pumps Market is expected to reach USD 33.34 Bn by 2030, as per Maximize Market Research here

News-ID: 3731094 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Telecommunications Tower Market Outlook: Steady Growth to US$ 53.71 Billion by 2029
Telecommunications Tower Market Outlook: Steady Growth to US$ 53.71 Billion by 2 โ€ฆ
Telecommunications Tower Market is expected to grow at a CAGR of 3.34% during the forecast period and market is expected to reach US$ 53.71 Bn. by 2029. Telecommunications Tower Market Overview: The telecommunications tower market has witnessed substantial growth, driven by the rapid expansion of wireless communication networks and increasing demand for mobile connectivity. Telecommunications towers, which support antennas and other equipment for transmitting signals, are essential for enabling reliable voice, data,โ€ฆ
Network Engineering Services Market Outlook: From USD 50.83 Billion in 2023 to USD 97.81 Billion by 2030
Network Engineering Services Market Outlook: From USD 50.83 Billion in 2023 to U โ€ฆ
Network Engineering Services Market is expected to reach USD 97.81 Bn by 2030 from USD 50.83 Bn in 2023, at a CAGR of 9.8% during the forecast period. Network Engineering Services Market Overview: The network engineering services market has grown substantially in recent years, fueled by the increasing reliance of businesses on advanced IT infrastructure and high-speed connectivity. Network engineering services encompass the design, implementation, management, and optimization of complex network systems,โ€ฆ
Web Performance Market Outlook: From USD 5.83 Billion in 2023 to USD 10.45 Billion by 2030
Web Performance Market Outlook: From USD 5.83 Billion in 2023 to USD 10.45 Billi โ€ฆ
Web Performance Market size was valued at USD 5.83 Bn. in 2023 and the total Web Performance Market revenue is expected to grow at 8.69% from 2024 to 2030, reaching nearly USD 10.45 Bn. Web Performance Market Overview: The web performance market has experienced rapid growth in recent years, driven by the increasing need for businesses to ensure fast, reliable, and seamless online experiences. Web performance refers to the efficiency, speed, andโ€ฆ
Biometric Payment Market Outlook: From USD 7.4 Billion in 2022 to USD 19.28 Billion by 2029
Biometric Payment Market Outlook: From USD 7.4 Billion in 2022 to USD 19.28 Bill โ€ฆ
Biometric Payment Market was valued at USD 7.4 billion in 2022 and is projected to reach USD 19.28 billion by 2029, growing at a CAGR of 17.3% during the forecast period. Biometric Payment Market Overview: The biometric payment market has experienced significant growth in recent years, driven by the increasing need for secure, fast, and convenient payment solutions. Biometric payment systems utilize unique physiological traits, such as fingerprints, facial recognition, iris scans,โ€ฆ

All 5 Releases


More Releases for Pump

Asphalt Pumps Market Key Players: Johnson Pump, Viking Pump, Rotan Pump, Shanggu โ€ฆ
The Asphalt Pumps Market Research Reports 2021 โ€“ 2027 is an Analysis and In-depth study of the Asphalt Pumps Market Industry, with the target of global market trend. The report mainly focuses on the market size, market structure, market share, growth cost structure, and forecast for 2027. The Research Report is an analysis of quantitative of the Asphalt Pumps market and gives information for making strategiesโ€ฆ
Automotive Pump Market Forecast to 2028 - Covid-19 Impact and Global Analysis - โ€ฆ
MARKET INTRODUCTION Automotive pumps are utilized for transferring automotive fluids in the vehicles. These pumps are mainly used for improving vehicle performance and fuel efficiency. The increase in demand for environment-friendly solutions has pushed several manufacturers to design and develop advanced pumps. The pumps are used in various vehicle systems such as coolant, steering, fuel, transmission, and lubrication. Download Sample Report in PDF Version @ www.theinsightpartners.com/sample/TIPRE00006033/?utm_source=openpr&utm_medium=10387 This report sample includes: A brief introduction toโ€ฆ
Solar Pump Market Current & Future Growth Forecast To 2027 | CRI Pump, LORENTZ, โ€ฆ
Asia-pacific contributed to the highest share, accounting for more than half of the global solar pump market in 2019, and will maintain its dominance throughout the forecast period. This is attributed to increase in government initiatives in region such as India, drive the market growth in this region. However, Europe is expected to grow at the highest CAGR of 8.5% from 2020 to 2027. This is owing to means ofโ€ฆ
Agricultural Pump Market Advancement Outlook 2020-2026: Sulzer, Dayuan Pump, Wil โ€ฆ
The Latest report about the Agricultural Pump market provides a detailed evaluation of the business vertical in question, alongside a brief overview of the industry segments. An exceptionally workable estimation of the present industry scenario has been delivered in the study, and the Agricultural Pump market size with regards to the revenue and volume have also been mentioned. In general, the research report is a compilation of key data withโ€ฆ
Agricultural Water Pump Market Growth Opportunities 2020: Lingxiao Pump, East Pu โ€ฆ
The newly issued research report provides comprehensive and an in-depth assessment of the "Global Agricultural Water Pump Market Forecast 2020-2026", which will also offer relevant data for the new industry entrants as well as well-established Agricultural Water Pump market players. According to the study, the worldwide Agricultural Water Pump market report unfolds the current and historical Agricultural Water Pump industry scenarios, Agricultural Water Pump market development patterns and is expectedโ€ฆ
Global Slurry Pump Market: Tsurumi Pump, Shijiazhuang Kingda Pump, Xylem, Weir G โ€ฆ
Global Market Study Evaluate on Slurry Pump Industry by Type, Manufacturers, Application, Type, and Regions, Forecast up to 2022 The scope of the global Slurry Pump market report is: This report offers a comprehensive evaluation of the Slurry Pump market. It does so by in-depth qualitative insights, historical Slurry Pump market data, and verifiable projections about global Slurry Pump market size. The projections featured in the Slurry Pump market report have beenโ€ฆ