Global Submersible Pumps Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Submersible Pumps market.

Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Submersible Pumps market."
A submersible pump is an equipment whose assembly are kept submerged in the fluids that it needs to pump thus preventing the formation of any vapor cavity in the liquid and work by pushing fluids to the surface from their submerged positions. These pumps are developed for different flow rates of the liquid satisfying different purposes in industries.
Global demand for submersible pumps is increasing due to infrastructural development activities worldwide. Governments of developing countries such as China and India are focussing on urbanisation, industrialisation and agricultural development, which is expected to drive demand for submersible pumps in the region. Demand for submersible pumps is expected to remain significant from agriculture and wastewater treatment industries throughout the forecast period. Development of new sources of potable water, small and medium scale industrial development are further expected to push the demand for submersible pumps over the forecast period 2017-2027.
Presence of a large number of Chinese players offering low price submersible pumps present significant challenges for many regional and global players in the submersible pumps market. The submersible pump industry is relatively fragmented with the presence of a large number of manufacturers across the globe. Organised market players are found to have been advancing towards mergers and acquisitions in order to expand their global footprint in the global submersible pumps market.

The global Submersible Pumps market is valued at 9080 million US$ in 2018 is expected to reach 13800 million US$ by the end of 2025, growing at a CAGR of 5.4% during 2019-2025.
This report focuses on Submersible Pumps volume and value at global level, regional level and company level. From a global perspective, this report represents overall Submersible Pumps market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    General Electric
    Grundfos
    Borets
    Ebara
    Falcon Pumps
    Flowserve
    Kirloskar Brothers
    KSB
    Ruhrpumpen
    Sulzer
    Walrus America

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Borewell Submersible Pump
    Open Well Submersible Pump

Segment by Application
    Water and Wastewater Management
    Mining and Construction
    Petroleum
    Others