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The submersible pump market in heavy electrical equipment industry is expected to reach $ 2.77 billion, growing at a CAGR of more than 2% in 2020-2024, according to the new report from Technavio. The report offers up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Submersible Pumps Market in Heavy Electrical Equipment Industry 2020-2024: Highlights

  • Market CAGR during the forecast period 2020-2024
  • Detailed information on the factors that will contribute to the growth of the submersible pump market over the next five years
  • Estimated Submersible Pumps Market Size and Its Contribution to Parent Market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the submersible pump market
  • Market competitive landscape analysis and detailed supplier information
  • Complete details on the factors that will challenge the growth of Submersible Pumps Market vendors

Submersible Pumps Market in Heavy Electrical Equipment Industry 2020-2024: Supplier Analysis and Scope

To help companies improve their position in the market, Technavio provides a detailed analysis of around 25 vendors operating in the submersible pump market. Atlas Copco AB, Flowserve Corp., General Electric Co., Grundfos Holding AS, Halliburton Co., Multiquip Inc., Schlumberger Ltd., Sulzer Ltd., The Weir Group Plc and Xylem Inc. are some of the major players in the market .

  • Submersible Pumps Market Size
  • Submersible Pumps Market Trends
  • Industry Analysis of Submersible Pumps Market

This study identifies the increased demand for wastewater treatment as one of the major reasons for the growth of the submersible pump market in the coming years. However, the high costs of ownership and maintenance can threaten the growth of the market.

To learn more about global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR45698

Reasons to buy the report:

  • Take advantage of the latest data mapping technological advancements
  • Find more in-depth market insights and forecast information on current market developments.
  • Discover insights into the main drivers of market acceleration.
  • Identify potential threats to market growth.
  • Understand the impact of trends that may positively or negatively influence the growth of the market.

Main topics covered:

  • Abstract
  • Market landscape
  • Market sizing
  • Five forces analysis
  • Market segmentation by type
  • Market segmentation by geography
  • Customer landscape
  • Geographic landscape
  • Supplier landscape
  • Supplier analysis
  • Annex

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About Us
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000+ reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

Contact
Technavio research
Jesse maida
Communication and Marketing Officer
United States: +1 844 364 1100
UK: +44 203 893 3200
E-mail: [email protected]
Report link: https://www.technavio.com/report/submersible-pump-market-industry-analysis

SOURCE Technavio

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