Pune, India -- (SBWIRE) -- 07/09/2018 -- Market Overview:-
On the basis of region, the market has been segmented into North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific dominates the global submersible pumps market in 2018. High growth in construction industry in Asia Pacific region is the major factor driving the growth of the market. Economic growth in the region has allowed for a greater requirement of institutional and commercial infrastructure spaces. Governments of emerging countries such as China and India are focusing on urbanization, industrialization, and agricultural development, which is expected to drive the demand for submersible pumps in the region. China, India, Japan, and Indonesia are the key contributors in the region. China is expected to dominate revenue share in the Asia Pacific submersible pumps market over the forecast period.

Market Segments
Global Electric Submersible Pumps Market is segmented in to 3 Key dynamics for an easy grasp and enhanced understanding.
Segmentation By Well Type : Comprises - Land and Offshore`.
Segmentation By Components : Comprises - Power Cables, Multi staged Centrifugal Pump, and Three Phase Induction Motors
Segmentation By Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

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Competitive landscape
The submersible pump market is marked with the presence of major global and local vendors. The key players in the market are focusing on product offerings and after-sales services to remain competitive in the market.

Industry Top key Players:-
- Xylem, Inc.
- Sulzer AG
- KSB Group
- Grundfos Group
- Ebara Corporation
- Flowserve Corporation
- Tsurumi Manufacturing Co., Ltd
- Gorman-Rupp Company
- General Electric Company
- WILO SE

Table fo Content:-
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study

3 Market Landscape
3.1 Porter's Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers

4 Market Dynamics
4.1 Introduction
4.2 Market Drivers

5 Global Submersible Pumps Market, By Well Type
5.1 Introduction
5.2 Open Well

To be continued...........
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Electric Submersible Pumps Market – Regional Analysis
North America is another major region for the submersible pumps market. The major factors driving the submersible pumps are the increasing demand for energy, and growing residential and non-residential construction activities in the region. Additionally, various government legislations and policies that aim at protecting the environment also provide further boost to the growth of the market. The U.S. is a major market contributor in global and North America submersible pumps market.