Submersible Pump Market Growing at 6.7% CAGR to 2019 With Growth of Wastewater Management Industry
PUNE, India, September 9, 2015 /PRNewswire/ --
The Global Submersible Pump Market 2015-2019 research report says emergence of smart submersible pump systems will boost worldwide growth of submersible pump market as these help reduce total cost of ownership without affecting performance.
Complete report on submersible pump market spread across 60 pages, analyzing 4 major companies as well as supported with 30 data exhibits is now available at http://www.reportsnreports.com/reports/417499-global-submersible-pump-market-2015-2019.html .
Commenting on the report, an analyst said: "An intelligent pump can control and regulate the flow or pressure of fluids. It can adjust to process changes and pump system changes, and has a fault-tolerant design. Many manufacturers are likely to adopt these smart pumps to reduce the total cost of ownership without affecting the performance. In addition, these systems also adhere to energy consumption regulations imposed by the regulatory authorities."
According to the report, growth in infrastructure development accompanied by rapid urbanization is driving the global submersible pump market. Many developing countries, such as Brazil, China, and India, are taking initiatives to improve their infrastructure and meet end-user demands. An improved infrastructure will encourage international process-manufacturing organizations to set up their plants in these countries, thereby increasing the demand for submersible pumps. In addition, rapid urbanization has led to a rise in demand from the water and other utility industries, which has further increased the need for the traditional pumps system and submersible pumps. Further, the report states that the demand for consistent maintenance and support at a low cost adds to the overall cost of ownership for vendors, thus affecting submersible pump market growth.
The boost in the sale of submersible pump worldwide is because of the growth in the wastewater management industry. The waste water management industry is growing at a fast rate in APAC. According to the world water development report, only 20% of the waste water produced receives proper treatment, which is as low as 8% in low-income countries. With the growing environmental concerns, the government and municipal corporations of many of these countries are focusing on developing infrastructure for waste water management and safe drinking water.
Companies mentioned in this submersible pump market 2015 research report include Baker Hughes, GE, Grundfos Group, Halliburton, Schlumberger, Ebara, Flowserve, ITT, KSB, Robbins & Myers and Sulzer. Order a copy of Global Submersible Pump Market 2015-2019 research report at http://www.reportsnreports.com/Purchase.aspx?name=417499 .
Some of the data exhibits provided in this submersible pump market research provide information on:
Global submersible pump market
Global submersible pump market by application
Global submersible pump market by end-user
Global submersible pump market by geography
Global pump market by product
Global submersible pump market 2014-2019 ($ billions)
Global submersible pump market by application 2014 and 2019
Global submersible pump market by sewage application 2014-2019 ($ billions)
Global submersible pump market by clean water application 2014-2019 ($ billions)
Global submersible pump market by hot water application 2014-2019 ($ billions)
Global submersible pump market by corrosion-resistant application 2014-2019 ($ billions)
Global submersible pump market by end-user 2014 and 2019
Global submersible pump market by water and wastewater segment 2014-2019 ($ billions)
Global submersible pump market by construction segment 2014-2019 ($ billions)
Global submersible pump market by mining segment 2014-2019 ($ billions)
Global submersible pump market by petroleum segment 2014-2019 ($ billions)
Global submersible pump market by geography 2014 and 2019
Submersible pump market in APAC 2014-2019 ($ billions)
Submersible pump market in Americas 2014-2019 ($ billions)
Submersible pump market in Europe 2014-2019 ($ billions)
Submersible pump market in MEA 2014-2019 ($ billions)
On similar lines, another regional research titled Submersible Pumps Market in China 2015-2019 forecasts a 7.52% CAGR to 2019 for Chinese submersible pumps market. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of submersible pumps. he report, Submersible Pump Market in China 2015-2019, 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 in the coming years. The report includes a discussion of the key vendors operating in this market. Baker Hughes, General Electric, Grundfos Group, Halliburton, Schlumberger, Anhui Sanlian Pump, Ebara, Flowserve, Foshan Andritz Technologies, ITT, KSB, Robbins & Myers, Sulzer and Tianjin Rongheng Group are some of the companies mentioned in this China submersible pumps market research available at http://www.reportsnreports.com/reports/404623-submersible-pumps-market-in-china-2015-2019.html .
One more regional research titled Asia-Pacific Submersible Pump Market by Type (Borewell & Openwell), by Industry (Chemical, Construction, Energy and Power, Water and Sewage, and Others), by Application (Industrial, Agriculture, and Domestic), and by Country - Trends and Forecasts to 2014 - 2019 that says Asia-Pacific submersible pumps market size is projected to grow at a CAGR of 6.4% during the forecast period is available at http://www.reportsnreports.com/reports/344677-asia-pacific-submersible-pump-market-by-type-borewell-openwell-by-industry-chemical-construction-energy-and-power-water-and-sewage-and-others-by-application-industrial-agriculture-and-domestic-and-by-country-trends-and-forecasts-to-2014.html .
Explore more reports on energy and power markets at http://www.reportsnreports.com/market-research/energy-and-power-supplies/ .
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