Submersible Pumps Market (Updated Version Available)

A submersible pump is an equipment whose assembly are kept submerged in the fluids that it needs to pump thus preventing the formation of any vapor cavity in the liquid and work by pushing fluids to the surface from their submerged positions. These pumps are developed for different flow rates of the liquid satisfying different purposes in industries.
Global demand for submersible pumps is increasing due to infrastructural development activities worldwide. Governments of developing countries such as China and India are focussing on urbanisation, industrialisation and agricultural development, which is expected to drive demand for submersible pumps in the region. Demand for submersible pumps is expected to remain significant from agriculture and wastewater treatment industries throughout the forecast period. Development of new sources of potable water, small and medium scale industrial development are further expected to push the demand for submersible pumps over the forecast period 2017-2027.
Presence of a large number of Chinese players offering low price submersible pumps present significant challenges for many regional and global players in the submersible pumps market. The submersible pump industry is relatively fragmented with the presence of a large number of manufacturers across the globe. Organised market players are found to have been advancing towards mergers and acquisitions in order to expand their global footprint in the global submersible pumps market.
The report comprises of key players profiles namely consignment, price, revenue, profit interview records and sources of distribution. It helps clients get a better analysis of their competitors. In addition, it encompasses the regions and countries across the world and depicts the regional outlook, market size, volume, value and price data.
The Submersible Pumps market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
In global market, the following companies are covered:
General Electric
Grundfos
Borets
Ebara
Falcon Pumps
Flowserve
Kirloskar Brothers
KSB
Ruhrpumpen
Sulzer
Walrus America

Market Segment by Product Type:
Borewell Submersible Pump
Open Well Submersible Pump

Market Segment by Application
Water and Wastewater Management
Mining and Construction
Petroleum
Others

Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Submersible Pumps market for the forecast period 2020 - 2025?
• What are the driving forces in the Submersible Pumps market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Submersible Pumps industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?