APAC Submersible Pump Market Canvassed by M&M in Topical Research Report Now Available at MarketPublishers.com06 Mar 2015 • by Natalie Aster
LONDON – As urbanisation and industrialisation levels rise and irrigation practices in agriculture improve, the submersible pumps market in the APAC region is also gathering momentum.
The regional market is forecast to grow at around 6.5% CAGR to reach a value of USD 18.9 billion by 2019. China holds the lion’s share (29.1%) of the market, and it will likely keep its leadership position over the forecast period. The country is set to post the fastest CAGR of 7% through to 2019, followed by India at 6.9% and Indonesia at 6.7% over the very same period. In spite of a range of favourable factors impacting the sector like decreasing resources of fresh water, deep and ultra-deep water exploration activities, the increasing number of maturing oilfields, the market is facing key challenges including failures of submersible motors, high costs of troubleshooting, amid others.
Topical research report “Asia-Pacific Submersible Pump Market by Type (Borewell & Openwell), by Industry (Chemical, Construction, Energy and Power, Water and Sewage, and Others), by Application (Industrial, Agriculture, and Domestic), and by Country - Trends and Forecasts to 2014 - 2019” worked out by MarketsandMarkets (M&M) presents a detailed analysis of the market for submersible pumps in the APAC region. It provides the volume and value data pertaining to the market, segmented based on submersible pumps’ application, type and industry. A granular country-wise segmentation is provided as well. The research publication thoroughly describes the competitive landscape and the top market players, giving unbiased insights and analysis of the development strategies utilised and favoured by them. Key industry developments are disclosed, with coverage of agreements and contracts, M&As, expansions, and novel product launches. It also discusses the key market restraints, drivers, opportunities, hot issues, and key trends in the industry. Furthermore, the report contains detailed forecasts of the APAC submersible pumps market.
Asia-Pacific Submersible Pump Market by Type (Borewell & Openwell), by Industry (Chemical, Construction, Energy and Power, Water and Sewage, and Others), by Application (Industrial, Agriculture, and Domestic), and by Country - Trends and Forecasts to 2014 - 2019
Published: February, 2015
Price: US$ 4,650.00
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