New York, Dec. 09, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Submersible Pump Market 2020-2024" - https://www.reportlinker.com/p03200297/?utm_source=GNW
Our reports on submersible pump market provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rapid growth in the construction sector and growth in shale oil production. In addition, rapid growth in the construction sector is anticipated to boost the growth of the market as well.
The submersible pump market analysis includes the type segment and geographical landscapes.
The submersible pump market is segmented as below:
By Type
• Borewell
• Open well
By Geographical Landscapes
• APAC
• Europe
• North America
• MEA
• South America
This study identifies the increased demand in wastewater treatment as one of the prime reasons driving the submersible pump market growth during the next few years.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our submersible pump market covers the following areas:
• Submersible pump market sizing
• Submersible pump market forecast
• Submersible pump market industry analysis
Read the full report: https://www.reportlinker.com/p03200297/?utm_source=GNW
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The Global Submersible Pump Market is expected to grow by $ 2.77 bn during 2020-2024, progressing at a CAGR of 2% during the forecast period
Global Submersible Pump Market 2020-2024 The analyst has been monitoring the submersible pump market and it is poised to grow by $ 2. 77 bn during 2020-2024, progressing at a CAGR of 2% during the forecast period.
| Source: ReportLinker