The report, Global Submersible Pump Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the market and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.\nComplete Report Available at http://www.sandlerresearch.org/global-submersible-pump-market-2015-2019.html\n
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“The analysts forecast global submersible pump market to grow at a CAGR of 6.70% over the period 2015-2019. With the growing environmental concerns, the government and municipal corporations of many of these countries are focusing on developing infrastructure for waste water management and safe drinking water.”
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Pumps are mechanical devices that are used to transfer liquid from one place to another. These devices aid in propelling the coolant within a system to increase operational performance. Different types of pumps use different energy sources such as electricity, wind power, and engines. Pumps are used in the agriculture, water and wastewater, power generation, mining, chemical processing, hydrocarbon processing, food and beverages, oil and gas, pulp and paper, and aerospace industries. Based on the operational modes, pumps are classified into centrifugal pumps and positive displacement pumps.
The boost in the sale of submersible pump worldwide is because of the growth in the wastewater management industry. The waste water management industry is growing at a fast rate in APAC. According to the world water development report, only 20% of the waste water produced receives proper treatment, which is as low as 8% in low-income countries.Global Submersible Pump Market 2015-2019
About Submersible Pump
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Growth in process industries
Threat of low-cost pumps
Emergence of intelligent submersible pump systems
Market Key Components
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