The subsea production activities have created a substantial impetus for the development of the submersible pumps. Reports that appraise the energy and power industry have been made accessible by Market Research Future which generates reports on several industry verticals that analyze the market growth and prospects. The market is anticipated to achieve a CAGR of 5.57% while accumulating revenues worth USD 14,127.2 million in the forecast period.
The reliance on rare earth metals has ... Read more
Growing demand for submersible pumps from industrial & agriculture sectors to boost global submersible pumps market through 2028
According to TechSci Research report, “Global Submersible Pumps Market By Type, By Mode of Operation, By Power Rating, By Head, By Sector, By Application, By Region, Competition Forecast & Opportunities, 2028’’, global submersible pumps ... Read more
The submersible pumps market is estimated to be valued at US$ 12308.02 Mn in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
The Submersible Pumps Market is estimated to be valued at US$ 12308.02 Mn in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. ... Read more
Submersible pumps are mechanical devices that transfer fluids through suction and discharge by a combination of motor and impeller assembly placed within the fluid. Submersible pumps are installed in bore wells, water tanks, swimming pools, fountains and sewage systems for efficient pumping of water. They offer advantages such as low maintenance, less floor space requirement and ability to pump water from considerable depths. With rapid urbanization and industrialization, the need for ... Read more
Submersible pumps are used extensively for desalination, water supply, drainage, and flooding applications due to their ability to pump water from deep depths and continuous running ability without being installed above water level. They are used in water and wastewater treatment plants to transfer and circulate water from one stage to another. Stringent regulations regarding waste disposal and increasing focus on reuse of wastewater have propelled the usage of submersible pumps in water ... Read more
