Submersible Pump Market (Updated Version Available)

The report offers detailed coverage of Submersible Pump industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Submersible Pump by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Electrical Submersible Pumps (ESP) are one of the most reliable and efficient ways to lift fluids to the surface, both oil and water. As the name suggests, it is submerged into the reservoir fluids and pushes the fluid to the surface. The ESP pumps can be designed to handle fluids of up to 60,000 b/d and cover various well conditions and production profiles, and generally a low cost solution for high volumes of lifting.
North America and China, is the main production base of Electric Submersible Pump, key manufacturers: Schlumberger, Borets, General Electric, Baker Hughes, etc. The Sales of Electric Submersible Pump was 22962 units in 2015, of which 47.83% is produced in USA and Russia.

Russia, USA and China are the major sales markets, with global market share of 25.2%, 21.19% and 13.67% in 2015. But the market share of these regions is gradually declined, and the market in other areas is expanding year by year.

Low Temperature Electric Submersible Pumps are the most popular product type nowadays for its convenience, and will account for a growing market share due to the rapid development of urban logistics industry.

Electric Submersible Pump industry has been developed for many years, and this industry has developed very mature now in developed countries. But in developing countries like China, the industry there is far from mature. In the current environment of global recession, Electric Submersible Pump industry is growing in a slow rate, and will continue this status in the next few years.

As the downstream logistics industry is on a flourishing development nowadays, the importance of Electric Submersible Pump will become more and more apparent over time, this market will continue to keep certain vitality in next few years.


The report forecast global Submersible Pump market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Submersible Pump market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Schlumberger
Borets Company
General Electric
Baker Hughes
Halliburton
Canadian Advanced ESP
Lvpai
Lishen Pump
Shengli Pump


At the same time, we classify Submersible Pump according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Type I
Low Temperature ESP
High Temperature ESP
Market by Application
Onshore
Offshore

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Submersible Pump market for the forecast period 2021 - 2025?
• What are the driving forces in the Submersible Pump market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Submersible Pump industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?