London, UK -- (SBWIRE) -- 03/26/2019 -- According to Our Research, the Global Submersible Pumps Market is projected to grow at moderate CAGR of around 5.57% over the forecast period and reach worth around 14127.2 Million US$ in 2018-2023
Submersible Pumps Market Research Report: by Industry (Water & Wastewater, Oil & Gas, Agriculture & Irrigation, Construction, Mining, Others), by Well Type (Bore Well, Open Well), by Operation (Multi Stage, Single Stage), by Power Rating (High Power, Medium Power, Low Power), and Region - Forecast to 2023
Market analysis
Submersible pumps are utilized in siphoning liquids while being submerged in oil wells. They use impellers that push the liquid dynamically towards the top. The expansion in mining activities all around the world is probably going to be a key driver for the global submersible pumps market over the forecast period. The benefits of submersible pumps over the customary jet pumps are probably going to bring about expanding adoption of the former framework over the coming years. The higher proficiency offered by submersible siphons has a genuine effect in the mining and oil and gas segments, where drawing out all the liquid from a cavity is a fundamental procedure. Submersible pumps are likewise exceedingly utilized by all the major end-users. By the year 2023, the market is expected to reach the vaue of SD 14,127.2 million by augmenting at a CAGR of 5.57% during the forecast period (2018-2023).
The report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
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Market segmentation
The global submersible pumps market based on its well type, is bifurcated into bore well and open well. On the basis of its operation, the market is segmented into multi-stage and single-stage. Based on its power rating, the market is divided into medium power, low power, and high power. On the basis of its end user, the market is segmented into agriculture and irrigation, water and wastewater, construction, oil and gas, mining, and others.
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Regional analysis
Geographically, the global submersible pumps market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
Major players
The Weir Group PLC (U.K.), Sulzer Ltd. (Switzerland), and Grundfos (Denmark), Tsurumi Manufacturing Co. Ltd. (Japan), EBARA CORPORATION (Japan), Atlas Copco AB (Sweden), among others are some of the major players in the global submersible pumps market.
Available Customizations:
With the given market data, Ameco Research offers customizations according to the company's specific needs. The following customization options are available for the report: Regional and country-level analysis of the Submersible Pumps Market, by end-use in detailed analysis and profiles of additional market players.
Table Of Contents
Global Submersible Pumps Market Research Report: by Industry, by Well Type, by Operation, by Power Rating, and Region - Forecast to 2023
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing mining activities
4.2.2 High Preference of Submersible Pumps
4.3 Restraints
4.3.1 Failure of Submersible Motors
4.4 Opportunities
4.4.1 Increasing Offshore Exploration and Subsea Activities
5 Market Factor Analysis
5.1 Supply Chain Analysis
5.1.1 Design and Development
5.1.2 Raw Material Supply
5.1.3 Component Manufacturing and Assembly
5.1.4 Supply and Distribution
5.1.5 End-Use
5.2 Porter's Five Forces Model
5.2.1 Threat of New Entrants
5.2.2 Bargaining Power of Suppliers
5.2.3 Bargaining Power of Buyers
5.2.4 Threat of Substitutes
5.2.5 Rivalry
6 Global Submersible Pump Market, By Industry
6.1 Overview
6.2 Water & Wastewater
6.3 Agriculture & irrigation
6.4 Construction
6.5 Oil & Gas
6.6 Mining
6.7 Others
7 Global Submersible Pump Market, By Well Type
7.1 Overview
7.2 Bore Well
7.3 Open Well
8 Global Submersible Pump Market, By Operation
8.1 Overview
8.2 Multi Stage
8.3 Single Stage
9 Global Submersible Pump Market, By Power Rating
9.1 Overview
9.2 High Power
9.3 Medium Power
9.4 Low Power
10 Global Submersible Pump Market, By Region
10.1 Overview
10.2 North America
10.2.1 US
10.2.1.1 US by Well Type
10.2.1.2 US by Operation
10.2.1.2.1 US by Power Rating
10.2.1.3 US by Industry
10.2.2 Canada
10.2.2.1 Canada by Well Type
10.2.2.2 Canada by Operation
10.2.2.2.1 Canada by Power Rating
10.2.2.3 Canada by Industry
10.3 Europe
10.3.1 Germany
10.3.1.1 Germany by Well Type
10.3.1.2 Germany by Operation
10.3.1.2.1 Germany by Power Rating
10.3.1.3 Germany by Industry
10.3.2 UK
10.3.2.1 UK by Well Type
10.3.2.2 UK by Operation
10.3.2.2.1 UK by Power Rating
10.3.2.3 UK by Industry
10.3.3 France
10.3.3.1 France by Well Type
10.3.3.2 France by Operation
10.3.3.2.1 France by Power Rating
10.3.3.3 France by Industry
10.3.4 Italy
10.3.4.1 Italy by Well Type
10.3.4.2 Italy by Operation
10.3.4.2.1 Italy by Power Rating
10.3.4.3 Italy by Industry
10.3.5 Spain
10.3.5.1 Spain by Well Type
10.3.5.2 Spain by Operation
10.3.5.2.1 Spain by Power Rating
10.3.5.3 Spain by Industry
10.3.6 Rest of Europe
10.3.6.1 Rest of Europe by Well Type
10.3.6.2 Rest of Europe by Operation
10.3.6.2.1 Rest of Europe by Power Rating
10.3.6.3 Rest of Europe by Industry
10.4 Asia-Pacific
10.4.1 China
10.4.1.1 China by Well Type
10.4.1.2 China by Operation
10.4.1.2.1 China by Power Rating
10.4.1.3 China by Industry
10.4.2 India
10.4.2.1 India by Well Type
10.4.2.2 India by Operation
10.4.2.2.1 India by Power Rating
10.4.2.3 India by Industry
10.4.3 Japan
10.4.3.1 Japan by Well Type
10.4.3.2 Japan by Operation
10.4.3.2.1 Japan by Power Rating
10.4.3.3 Japan by Industry
10.4.4 Australia
10.4.4.1 Australia by Well Type
10.4.4.2 Australia by Operation
10.4.4.2.1 Australia by Power Rating
10.4.4.3 Australia by Industry
10.4.5 Rest of Asia-Pacific
10.4.5.1 Rest of Asia-Pacific by Well Type
10.4.5.2 Rest of Asia-Pacific by Operation
10.4.5.2.1 Rest of Asia-Pacific by Power Rating
10.4.5.3 Rest of Asia-Pacific by Industry
10.5 Rest of World
10.5.1 Middle East & Africa
10.5.1.1 Middle East & Africa by Well Type
10.5.1.2 Middle East & Africa by Operation
10.5.1.2.1 Middle East & Africa by Power Rating
10.5.1.3 Middle East & Africa by Industry
10.5.2 Latin America
10.5.2.1 Latin America by Well Type
10.5.2.2 Latin America by Operation
10.5.2.2.1 Latin America by Power Rating
10.5.2.3 Latin America by Industry
11 Competitive Landscape
12 Company Profiles
12.1 Xylem
12.1.1 Company Overview
12.1.2 Financial Overview
12.1.3 Products/Services Offered
12.1.4 Key Developments (2015–2018)
12.1.5 SWOT Analysis
12.1.6 Key Strategies
12.2 Grundfos
12.2.1 Company Overview
12.2.2 Financial Overview
12.2.3 Products/Services Offered
12.2.4 Key Developments (2015–2018)
12.2.5 SWOT Analysis
12.2.6 Key Strategies
12.3 KSB Group
12.3.1 Company Overview
12.3.2 Financial Overview
12.3.3 Products/Services Offered
12.3.4 Key Development (2015–2018)
12.3.5 SWOT Analysis
12.3.6 Key Strategies
12.4 Sulzer Ltd
12.4.1 Company Overview
12.4.2 Financial Overview
12.4.3 Products/Services Offered
12.4.4 Key Developments (2014–2018)
12.4.5 SWOT Analysis
12.4.6 Key Strategies
12.5 Flowserve Corporation
12.5.1 Company Overview
12.5.2 Financial Overview
12.5.3 Products/Services Offered
12.5.4 Key Developments (2014–2018)
12.5.5 SWOT Analysis
12.5.6 Key Strategies
12.6 The Weir Group PLC
12.6.1 Company Overview
12.6.2 Financial Overview
12.6.3 Products/Services Offered
12.6.4 Key Developments (2014–2018)
12.6.5 SWOT Analysis
12.6.6 Key Strategies
12.7 EBARA CORPORATION
12.7.1 Company Overview
12.7.2 Financial Overview
12.7.3 Products/Services Offered
12.7.4 Key Developments (2014–2018)
12.7.5 SWOT Analysis
12.7.6 Key Strategies
12.8 Atlas Copco AB
12.8.1 Company Overview
12.8.2 Financial Overview
12.8.3 Products/Services Offered
12.8.4 Key Developments (2014–2018)
12.8.5 SWOT Analysis
12.8.6 Key Strategies
12.9 Tsurumi Manufacturing Co., Ltd.
12.9.1 Company Overview
12.9.2 Financial Overview
12.9.3 Products/Services Offered
12.9.4 Key Developments (2014–2018)
12.9.5 SWOT Analysis
12.9.6 Key Strategies
12.1 The Gorman-Rupp Company
12.10.1 Company Overview
12.10.2 Financial Overview
12.10.3 Products/Services Offered
12.10.4 Key Development (2014–2018)
12.10.5 SWOT Analysis
12.10.6 Key Strategies
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