The submersible pump market is expected to grow at a CAGR of more than 5% during 2021-2027. The main factors driving the market are the treatment of wastewater across the industry, the recovery of oil and gas and mining, the construction industry, and the surge in industrial infrastructure. However, this market is facing certain challenges such as high maintenance and operating costs, volatility in oil and gas prices. These factors act as obstacles to market growth.
A full report of Submersible Pumps Market available at: https://www.orionmarketreports.com/submersible-pumps-market/49750/
Submersible Pumps Market- Segmentation
By Type
• Openwell
• Borewell
• Submersible Pumps Market By Operation
• Single Stage
• Multistage
By Application
• Industrial Sector
• Agriculture Sector
• Domestic Sector
By Power Rating
• Low Power
• Medium Power
• High Power
By Industry
• Water & Wastewater
• Energy & Power
• Mining & Construction
• Other Industries
Key Company Profiles
• Xylem Inc.
• Sulzer AG
• KSB Group
• Grundfos Group
• Ebara Corporation
• Atlas Copco AB
• Flowserve Corporation
• General Electric Company
• Halliburton Company
• The Gorman-Rupp Company
• Tsurumi Manufacturing Co., Ltd.
• Wilo SE, ITT Goulds Pumps
• Toyo Denki Industrial Co., Ltd.
• Walrus Pump Co., Ltd
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
