Ten years ago, World Pumps put together a brief history of the pump industry telling the story of pump development since the Egyptians invented the ‘shadoo
/Deep Well Pump Market Regional Growth, Growing Demand, Competition, Investment Opportunities & Forecast 2027| Grundfos Group, Franklin Electric, Zhejiang DOYIN, Wilo
Deep Well Pump Market Regional Growth, Growing Demand, Competition, Investment Opportunities & Forecast 2027| Grundfos Group, Franklin Electric, Zhejiang DOYIN, Wilo
rahulJune 29, 2021 1
Los Angeles, United State: Complete study of the global Deep Well Pump market is carried out by the analysts in this report, taking into consideration key factors like drivers, challenges, recent trends, opportunities, advancements, and competitive landscape. This report offers a clear understanding of the present as well as future scenario of the global Deep Well Pump industry. Research techniques like PESTLE and Porter’s Five Forces analysis have been deployed by the researchers. They have also provided accurate data on Deep Well Pump production, capacity, price, cost, margin, and revenue to help the players gain a clear under
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Global $15.5 Bn Submersible Pumps Market to 2025: Revenue Shift & New Revenue Pockets for Submersible Pump Manufacturers
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The submersible pumps market is projected to reach USD 15.5 billion by 2025 from an estimated USD 11.2 billion in 2020, at a CAGR of 6.7% during the forecast period.
Increasing investments in construction industry attributing to rapid urbanization, and high demand for submersible pumps in agricultural sector are the key factors driving the growth of the submersible pumps market. Likewise, the up-gradation of aging and construction of new water & wastewater treatment facilities and adoption of solar-powered submersible pumps are expected to offer lucrative opportunities for the submersible pumps market during the forecast period. However, motor failure & high troubleshooting cost hinder the growth of the market.