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Latest Research Report on Submersible Pumps Market Expected to Grow a CAGR of 5.0% during 2019 - 2029

According to a new study of Future Market Insights (FMI), the submersible pumps sales in 2018 closed in on 9,300 thousand units, and is estimated to record a Y-o-Y growth at 4.0% in 2019. Growth of the submersible pumps market remains influenced by various factors, ranging from growing government investments in water and wastewater treatment, to increasing number of onshore and offshore oil exploration and production activities.

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Latest Research Report on Submersible Pumps Market Expected to Grow a CAGR of 5.0% during 2019 - 2029

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  1. Submersible Pumps Market is estimated to Record a CAGR of Nearly 5.0% through 2029 March 2020 Report Id : REP-GB-817 Published On : April-2019 Category : Industrial Automation and Equipment www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights

  2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitiveframework,and future markettrends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing– the perfect solutionfor our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Social Media Research Email: hari.t@futuremarketinsights.com www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved

  3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved

  4. Submersible Pumps Market Analysis Submersible Pumps Market is estimated to Record a CAGR of Nearly 5.0% through 2029 According to a new study of Future Market Insights (FMI), the submersible pumps sales in 2018 closed in on 9,300 thousand units, and is estimated to record a Y-o-Y growth at 4.0% in 2019. Growth of the submersible pumps market remains influenced by various factors, ranging from growing government investments in water and wastewater treatment, to increasing number of onshore and offshore oil exploration and production activities. According to the study, submersible pumps sales in the water & wastewater treatment are estimated to account for nearly 50% market share in 2019. Greater suitability of submersible pumps in water, wastewater, sewage, and sludge containing fibrous and solid material, as well as gaseous liquids, continues to underpin their sales. Key players in the submersible pumps markets have introduced products that facilitate installation, and feature automatic temperature and seal monitoring in real-time. The study finds that tertiary recovery methods have gained significant momentum in the oil & gas industries, and submersible pumps, electric submersible pumps in particular, play a vital role in these methods. As the oil & gas exploration activities are near maturity, these methods are being viewed as more feasible and economical among industryplayers. Electrical submersible pumps have witnessed increased adoption in the artificial gas lift, owing to their ability to improve the recovery factor of oil & gas, in turn improving their production efficiency. With the increasing oil & gas exploration activities, and artificial lift methods becoming more economical, submersible pumps are witnessing a surge in demand from the industry, and this is expected to continue over the forecast period. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

  5. Submersible Pumps Market Analysis Borewell Submersible Pumps Remain Sought-after The report estimates larger sales of borewell submersible pumps, compared to other variants, in light of their greater effectiveness in groundwater extraction across various application areas including domestic, industrial, and agriculture. Borewell submersible pumps are estimated to account for over 5 in 10 sales in 2019, according to the study. Openwell submersible pumps are also expected to hold significant shares of the market over the period of forecast. Sensing varied requirements of end users, submersible pump manufacturers have introduced products with different head mechanisms, which range from 50 meters to above 100 meters. Submersible pumps with the head mechanism of above 100 meters will continue to remain preferred, on account of their enhanced operational capability. East Asia Remains Most Lucrative Market for Submersible Pumps The study finds that East Asia will continue to remain the leading market for submersible pumps, with China at its forefront. Influx of investments in infrastructure projects, along with the robust mining, oil & gas, and agriculture activities in China are key aspects fueling sales of submersible pumps in the country. The study expects Europe to account for a significant share in the submersible pumps market, and South Asia to be the high-growth market for submersible pumps, underpinned by the rapid economic developments in its developing nations such as India. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

  6. Submersible Pumps Market Analysis The submersible pumps market continues to remain fairly fragmented in nature, owing to the presence of a large number of players competing for shares. Competition in the submersible pumps market is likely to intensify as key vendors include IoT enabled products in their portfolio to facilitate troubleshooting and remote access to oilfield equipment. Key player operating in the submersible pumps market include KSB AG, Flowserve Corp, Sulzer AG, Ebara Corporation, Weir Group Plc., Xylem Inc., Wilo SE, Kubota Corporation, Wacker Neuson Group, Atlas Copco Group, Tsurumi Manufacturing Co., Ltd., Ingersoll-Rand plc, and Kirloskar Brothers Ltd., among others. This FMI study also offers forecast of the submersible pumps market for the period between 2019 and 2029. The submersible pumps market is projected to record a CAGR of approximately 5.0% through 2029. Source:https://www.globenewswire.com/news-release/2019/04/24/1808888/0/en/Submersible- Pumps-Market-is-estimated-to-Record-a-CAGR-of-Nearly-5-0-through-2029-Future-Market- Insights.html More from FMI’s Industrial Automation & Equipment Market Intelligence: Building Automation Systems Market Electric Sub-meter Market www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

  7. Submersible Pumps Market Analysis About Us Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends. Contact Us Mr. Abhishek Budholiya Future Market Insights 616 Corporate Way, Suite 2-9018, Valley Cottage, NY 10989, United States T: +1-347-918-3531 F: +1-845-579-5705 T (UK): + 44 (0) 20 7692 8790 Sales: sales@futuremarketinsights.com Press Office: Press@futuremarketinsights.com Future Market Insights Click here to Order a free sample www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

  8. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

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