Submersible Pumps Market worth 12.2 Billion USD by 2020

1. Submersible Pumps Market by Well, By Operation, by Power Rating, by Application, by Industry & by Region - Global Trends & Forecasts to 2020 www.MarketsandMarkets.com

2. 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 growth rate. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=188587920

3. 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 freshwater resources. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=188587920

4. Browse >> 77market data tables 75figures 205pagesand in-depth TOC on “Submersible Pumps Market by Well, By Operation, by Power Rating, by Application, by Industry & by Region - Global Trends & Forecasts to 2020” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

5. In 2020, Asia-Pacific region is projected to have the largest market for submersible pumps In terms of value due to the growing urban population in countries such as China, India, and Indonesia. Also, other factors such as agricultural, industrial, and infrastructure spending in almost all developing economies in the region are likely to boost the demand for submersible pumps. Increasing deep water exploration activities and subsea operations provides huge opportunities for submersible pumps used in the oil & gas industry. However, the high cost of the submersible pumps compared to the conventional ones and other factors such as cost incurred in case of motor failure may inhibit its market growth. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=188587920

6. Key players - • To provide an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the Submersible Pumps market, namely: • Xylem, Inc. (U.S.), • Sulzer AG (Switzerland), • KSB Group (Germany), • GrundfosGroup (Denmark), • Ebara Corporation (Japan). • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=188587920

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