The Global Submersible Pumps Market is projected to reach USD 12.2 Billion by 2020, at a CAGR of 5.4% during the forecast period 2015 to 2020. This report focuses on the submersible pumps market based on its various types and applications for different regions. The oil price slump in 2014 has slowed the growth of the oil & gas equipment and services market due to non-profitable extraction of crude from the fields. Due to this, the demand for submersible pumps used in this sector has slowed.
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"

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Industrial sector is expected to have the largest application for Submersible Pumps and is expected to have about 69% of the market share by year 2020. Major areas where the submersible pumps find applications in the industrial sector are in the wastewater, sewage treatment & other effluent management activities, draining out water from holes during mining & construction activities, dewatering purpose in case of flood and other related calamities, providing reliable source of water to process industries that requires continuous supply of water for operation and so on.
The report provides qualitative analysis of the leading players in the submersible pumps market, with a clear insight and analysis of the development strategies used and preferred by them. The report also includes a chronology of the developments with respect to contracts and agreements (including joint ventures, collaborations, and partnerships), mergers and acquisitions, new product launches, and expansions. Key players including Xylem, Inc. (U.S.), Sulzer AG (Switzerland), KSB Group (Germany), Grundfos Group (Denmark) and Ebara Corporation (Japan) have been profiled in this report. The market dynamics in terms of market drivers, restraints, opportunities, burning issues, and industry trends have also been discussed in this report.

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This report provides detailed regional analysis for the Submersible Pumps Market, including market size for important countries. Asia-Pacific region is expected to have maximum investments for the infrastructure developments, which will be a key driver of demand for submersible pumps. China, India, the U.S., Germany, and Brazil have been identified as the key countries for submersible pumps market owing to their current market size and potential for growth.