The analysts forecast the global submersible pump market to grow at a CAGR of 5.98% during the period 2017-2021.
Global Submersible Pump Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is emergence of renewable energy submersible pumps. Renewable energy submersible pumps can ideally reduce the cost of submersible pumps to zero. These pumps produce maximum efficiency in transporting water in remote areas where there is a scarcity of power.
According to the report, one driver in the market is increased preference for submersible pumps over jet pumps. Submersible pumps and jet pumps perform the same functions. However, the submersible pumps stand to be more efficient.
Unlike jet pumps, submersible pumps use lesser energy to operate. Both, the jet pumps and submersible pumps perform the same function of extracting liquids to the surface. However, submersible pumps are preferred as they do not need suction techniques that are required by jet pumps to pull the liquid. In fact, submersible pumps use direct water pressure to bring the water to the surface.
- Baker Hughes
- General Electric (GE)
Other prominent vendors
- Falcon Pumps
- Kirloskar Brothers
- Lishen Pump
- Shengli Pump
- The Weir Group
- Walrus America
- WILO SE
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by type
Part 07: Market segmentation by operation
Part 08: Market segmentation by end-user
Part 09: Geographical segmentation
Part 10: Decision framework
Part 11: Drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Key vendor landscape
Part 15: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/zs9xrr/global