Global Submersible Pump Market Outlook to 2022 - Market Analysis by Geography, Industry, Application, Competitive Landscape, Key Company Information - Growth Trends and Forecasts

Published - Jan 2017 | Category - Energy and Power | No. of Pages - 127 | Published By - Mordor Intelligence

Report Highlights

A submersible pump, usually of the vertical type, is a device which has a motor coupled to the pump body. The pump will be submerged into the boreholes, mine shafts, or tanks below the level of the liquid being pumped, allowing the liquid to be pumped at a greater depths.  

Submersible pumps are mostly used in oil and gas industry and agriculture industry. Submersible centrifugal pump with electric drive is another type of pump used in oil production and vertical pumping of water. Submersible pumps with hydraulic drive and piston type are also used in some countries.  

Ever increasing energy demand, increasing offshore new exploration and production activities, increasing investments in oil and gas industry and growth in agriculture and other industries are driving the market. On the flip side, environmental issues and costs associated with operations are restraining the market from growth.  

North America is expected to lead the submersible pumps market in the coming decade, as the regions new exploration activity is at its all time high and the operators are often forced to work in much deeper waters which require sophisticated technology and equipment. Asia-Pacific and Europe are the two emerging markets which could see a major growth in submersible pumps market in the coming decade.  

What the Report Offers    

1.  Market Definition for submersible pump along with identification of key drivers and restraints for the market.

2.  Market analysis for the global submersible pump market, with country specific assessments and competition analysis on both country and regional scale.

3  Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on both country and regional scale.

4.  Extensively researched competitive landscape section with profiles of major companies along with their share of markets.  

5.  Identification and analysis of the Macro and Micro factors that affect the global submersible pump market on both country and regional basis.

6.  A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.  

Reasons for Buying this Report  

1. For gaining an exhaustive understanding of the worldwide market for submersible pumps. Would be of assistance in providing a comprehensive analysis of the major trends, innovations and associated prospects for market growth over the coming half a decade

2. An ideal opportunity for industry consultants, equipment manufacturers and other interested and allied parties to gain a critical insight into the factors driving and restraining the market, in addition to opportunities offered

3. Wide-ranging information provided about the leading market players and the major strategies adopted by them.

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