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The global submersible pumps market is projected to grow at a CAGR of 5.4% from 2015 to 2020, reaching a value of USD 12.2 Billion in 2020. In 2014, Asia-Pacific region was the largest market for submersible pumps and accounted for a market share of about 42% in terms of value.
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Did You Hear Submersible Pumps Market Reach to $12.02 Billion till2020 • The report "Submersible Pumps Marketby Well (Open and Bore), By Operation (Single and Multi-stage), by Power Rating, by Application (Industrial, Agricultural, and Domestic), by Industry (Mining & Construction, Energy & Power, Water & Wastewater) & by Region - Global Trends & Forecasts to 2020", defines and segments the submersible pumps market with analysis of market size, market share of leading players, and forecast for future trends. It also identifies the driving forces, restraining factors, and challenges for the market, highlighting the latest trends, and identifyingopportunities. • Leading players in the global submersible pumps market include Xylem, Inc. (U.S.), Sulzer AG (Switzerland), KSB Group (Germany), Grundfos Group (Denmark), and Ebara Corporation (Japan) among others. Players in the global submersible pumps market make investments in R&D to enhance the efficiency of theirproducts. • Get Sample Copy of Report @ https://www.marketsandmarkets.com/requestsample.asp?id=188587920 • Browse 77 tables and 75 figures spread through 205 Pages and in-depth TOC on "Submersible Pumps - Global Trends & Forecasts to2020" • Scope of theReport • This report focuses on the global submersible pumps market, which has been segmented on the basis of type, operation, power rating, application, industry andregion. • On the basis ofType • Openwell • Borewell • On the basis ofOperation • Single-stage • Multi-stage • On the basis of PowerRating • Low
Medium • High • On the basis ofIndustry • Mining &Construction • Water &Wastewater • Energy &Power • Others • Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=188587920 • The current and forecasted market size estimations are done considering the latest industry trends, usage pattern of various submersible pumps by the end users, and investments being made in the applicable industries industrial, agricultural and domestic sector around theglobe. • The global submersible pumps market is projected to grow at a CAGR of 5.4% from 2015 to 2020, reaching a value of USD 12.2 Billion in 2020. In 2014, Asia-Pacific region was the largest market for submersible pumps and accounted for a market share of about 42% in terms of value. This can be attributed to various factors such as growing urban population, rapid industrialization, and huge investments for infrastructure development in this region. This region also houses the leading developing economies such as China, India, and Indonesia that have huge population and have been exhibiting high economic growthrate. • With investments being made to modernize existing water supply, initiatives taken towards maintaining a proper sewage system, and growing process industries, agriculture as well as domestic sector globally, the demand for submersible pumps bound to increase during the forecast period. India, Indonesia, China, Saudi Arabia, and South Africa are expected to be the high growth avenues for the submersible pumps market. Industrial applications such as water & wastewater treatment, mining, construction and oil production will drive most of the demand for submersible pumps across the globe. Market for submersible pumps used in domestic and commercial scale water extraction will also grow at a steady pace, helped by demand from growing cities with scarce freshwaterresources. • Buy This Report now @ https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=188587920 • These companies are expanding into new territories to take advantage of opportunities in the emerging regions such as Asia-Pacific, Middle East & Africa, and South America through joint- ventures, mergers and acquisitions, and partnerships. This will help them to venture into new
markets, minimize the risk of company’s revenue being concentrated on one single regionand help them to sustain even if economic growth is low in someregions. AboutMarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenuesdecisions. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understandingoftheunmetinsightsalongwithmarketsizingandforecastsofnichemarkets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 DundeeRoad Suite430 Northbrook, IL60062 USA :1-888-600-6441 sales@marketsandmarkets.com