Submersible Pumps Market Analysis: Demands, Value,
Sales, Forecast to 2020
The report "Submersible Pumps Market by Well (Open and Bore), By Operation (Single and
Multi-stage), by Power Rating, by Application (Industrial, Agricultural, and Domestic), by
Industry (Mining & Construction, Energy & Power, Water & Wastewater) & by Region -
Global Trends & Forecasts to 2020", defines and segments the submersible pumps market with
analysis of market size, market share of leading players, and forecast for future trends. It also
identifies the driving forces, restraining factors, and challenges for the market, highlighting the
latest trends, and identifying opportunities.
Browse 77 tables and 75 figures spread through 205 Pages and in-depth TOC on
"Submersible Pumps Market by Well (Open and Bore), By Operation (Single and Multi-
stage), by Power Rating, by Application (Industrial, Agricultural, and Domestic), by
Industry (Mining & Construction, Energy & Power, Water & Wastewater) & by Region -
Global Trends & Forecasts to 2020"
The current and forecasted market size estimations are done considering the latest industry
trends, usage pattern of various submersible pumps by the end users, and investments being
made in the applicable industries industrial, agricultural and domestic sector around t he globe.
The global submersible pumps market is projected to grow at a CAGR of 5.4% from 2015 to 2020,
reaching a value of USD 12.2 Billion in 2020. In 2014, Asia-Pacific region was the largest market
for submersible pumps and accounted for a market share of about 42% in terms of value. This
can be attributed to various factors such as growing urban population, rapid industrialization,
and huge investments for infrastructure development in this region. This region also houses the
leading developing economies such as China, India, and Indonesia that have huge population
and have been exhibiting high economic growth rate.
With investments being made to modernize existing water supply, initiatives taken towards
maintaining a proper sewage system, and growing process industries, agriculture as well as
domestic sector globally, the demand for submersible pumps bound to increase during the
forecast period. India, Indonesia, China, Saudi Arabia, and South Africa are expected to be the
high growth avenues for the submersible pumps market. Industrial applications such as water &
wastewater treatment, mining, construction and oil production will drive most of the demand for
submersible pumps across the globe. Market for submersible pumps used in domestic and