Press release
Electric Submersible Pumps Market 2018 by Global Leaders: Grundfos Pumps Corporation, Walrus America Inc., Schlumberger Limited, Halliburton Company, Borets Company, GE Oil & Gas
Electric Submersible Pumps Market
Electrical Submersible Pumps are Low maintenance, small sized hence portable and highly efficient in terms of output. And these very factors not only make ESPs popular but also drive the ESP market. The demand for submersible pumps from agriculture and wastewater treatment industries is expected to remain significant throughout the forecast period. Development of new sources of safe drinkable water and small and medium scale industrial development are further expected to push the demand for submersible pumps over the forecast period 2017-2027. The highly competitive Market of ESPs promises a good fortune in the years to (2017-2027).
Accrediting the prominence Electric Submersible Pumps are gaining in the current scenario and projecting the traction its growing market size would gain in the future, the Market Research Future, recently published a brilliant study report according to which the global Electric Submersible Pumps market is forecasted to demonstrate a quadrupled growth by 2027, crossing its previous growth records in terms of value posting a whooping CAGR during the estimated period (2017 – 2027). The Global Electric Submersible Pumps market is forecasted to perceive substantial growth accruals by 2027, registering substantial expansion rate during the period 2017 to 2027.
The Global ESP market is growing and widening owing to the infrastructural development activities around the globe. The Focused efforts on urbanization, industrialization, and agricultural development of the Governments of developing countries such as China and India; is expected to drive the demand for Submersible pumps in the region.
Key Players
Some of the key players in the ESP Market are
• Grundfos Pumps Corporation,
• Walrus America Inc,
• Baker Hughes Incorporated,
• Schlumberger Limited,
• Halliburton Company,
• Falcon Pumps Pvt. Ltd.,
• Borets Company,
• GE Oil & Gas,
• JSC Novomet-Perm,
• Torqueflow Sydex Ltd.,
• Weatherford International.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/1351
Electric Submersible Pumps Market – Regional Analysis
North America is the leading region for this market mainly due to increased offshore exploration activities. Technological development and increasing demand for Oil & Gas has also significantly contributed to the high demand in the North American region. Asia-Pacific and Europe are other leading regions due to the increasing production from matured oil fields in this region.
Chinese players of ESP Market are offering comparatively low price; this well planned move is challenging the other players in the regional and global market.
Industry News
On 2 September 2017, Saudi Aramco and Baker Hughes announced the first installation of the TransCoil rigless-deployed electrical submersible pumping (ESP) system, which is designed to help operators bring wells on production faster and lower the costs associated with installing and replacing ESPs.
On Oct 2016, General Electric Co.'s and Baker Hughes Inc. completed its merger. The new company is the first and only to bring together industry-leading equipment, services and digital solutions across the entire spectrum of oil and gas development.
July 5, 2017 – Halliburton Company announced the acquisition of Summit ESP, a leading provider of electric submersible pump (ESP) technology and services. The addition of Summit’s artificial lift offerings and industry-leading customer service strengthens Halliburton’s artificial lift portfolio for its global customers.
Get Complete Report @ https://www.marketresearchfuture.com/reports/electric-submersible-pumps-market-1351
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
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 Electric Submersible Pumps Market 2018 by Global Leaders: Grundfos Pumps Corporation, Walrus America Inc., Schlumberger Limited, Halliburton Company, Borets Company, GE Oil & Gas here
News-ID: 965902 • Views: …
More Releases from Market Research Future
9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through …
The 9-decanoic acid methyl ester market is a growing sector driven by the increasing demand for bio-based and sustainable chemical products across various industries. With its unique properties, it finds application in flavors and fragrances, pharmaceuticals, personal care, and as a chemical intermediate. The market is projected to expand significantly in the coming years.
Market Overview and Size
The global 9-decanoic acid methyl ester market was valued at USD 230.0 million in…
Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
The washable marker market is a dynamic and growing segment within the broader stationery and art supplies industry. Driven by a blend of consumer demands for safety, convenience, and sustainability, the market is experiencing consistent expansion, particularly within the education and home-use sectors. While faced with some challenges, the industry's future looks promising, propelled by product innovation and evolving consumer trends.
Get Sample @ https://www.marketresearchfuture.com/sample_request/41217
Market Size and Growth
The global washable…
Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
The phone car mounts market, a critical sub-segment of the broader automotive accessories industry, is experiencing robust growth driven by a convergence of technological advancements, evolving consumer behavior, and increasingly stringent road safety regulations. As smartphones become indispensable for navigation, communication, and in-car entertainment, the demand for secure and convenient hands-free solutions continues to escalate. The global phone car mounts market was valued at USD 3.93 billion in 2024 and…
Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR …
Market Overview:
The Intravenous (IV) Solution Market is estimated to be valued at USD 13.9 billion in 2023 and is projected to reach USD 26.60 billion by 2032, expanding at a compound annual growth rate (CAGR) of 7.70% from 2024 to 2031. The market growth is attributed to the rising prevalence of chronic diseases, growing hospitalization rates, and increasing surgical procedures that require IV fluid administration. Intravenous solutions are critical…
More Releases for Pumps
What's driving the NPP Pumps Market trends? Absolute Water Pumps, KSB Pumps, Cur …
The recent research report on the global NPP Pumps market presents the latest industry data and future trends, allowing you to recognize the products and end users driving Revenue growth and profitability of the market.
The report offers an extensive analysis of key drivers, leading market players, key segments, and regions. Besides this, the experts have deeply studied different geographical areas and presented a competitive scenario to assist new entrants, leading…
Residential Pumps Market Revenue, Opportunity, Forecast and Value Chain 2018-202 …
Global Residential Pumps Market Overview
A significant part of the global population is expected to face water scarcity by the end of 2025. There is a growing concern among various nations for efficient use of water, leading to extensive use of energy efficient residential pumps. Strict environmental regulations regarding water pollution and energy consumption pattern are forcing old industrial plants and commercial buildings to upgrade or shift to new equipment such…
Global Pneumatic Metering Pumps Market Major Players Analysis 2019-2025: Promine …
Global Pneumatic Metering Pumps market report is first of its kind research report that covers the overview, summary, market dynamics, competitive analysis, and leading player’s various strategies to sustain in the global market. This report covers five top regions of the globe and countries within, which shows the status of regional development, consisting of market value, volume, size, and price data. Apart from this, the report also covers detail information…
Canned Motor Pumps Market by Region - North America, Latin America, Europe, Japa …
Canned motor pumps are advanced centrifugal pumps with an electric motor hermetically-sealed and mounted on a single shaft, which in turn eliminates the requirement for mechanical seals. The entire rotating assembly of canned motor pumps is immersed in liquid, with motor stator and rotor isolated from pumped liquid by using a corrosion-resistant non-magnetic sleeve and liner.
Petrol’s energy density makes it an imperative raw material in every combustible, and an irreplaceable…
Global Grinder Pumps Market Segmented by Top Companies like: Crane Pumps＆Syste …
This study focuses on the production side and consumption side of Grinder Pumps, presents the global Grinder Pumps market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Grinder Pumps capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this…
Global Grinder Pumps Market SWOT Analysis by Key Players: Liberty Pumps, Sump Pu …
This study focuses on the production side and consumption side of Grinder Pumps, presents the global Grinder Pumps market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Grinder Pumps capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this…
