Dublin, April 15, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/fnds8l/asiapacific) has announced the addition of the "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" report to their offering.
The Asia-Pacific submersible pumps market is expected to grow at a CAGR of 6.4% from 2014 to 2019. Rising urban population and the consequent demand for water & sewage treatment are the key drivers of the submersible pumps market in Asia-Pacific.
With continuing industrialization in the fast-growing economies of the region, there has been heavy spending on the construction of related infrastructure, generating demand for submersible pumps. The migration of people from rural to urban areas is also stimulating the demand for submersible pumps in the region, for the water & sewage industry.
The submersible pumps market is primarily driven by increasing urbanization, deepwater exploration activities, and decline in the fresh water resources among others. Submersible pumps have become a pivotal part of the crude production process, contributing to the increasing efficiency of crude oil production. The drivers of the submersible pumps market include increasing deep and ultra-deep offshore drilling activities and the rising number of maturing oilfields.
The market on the basis of application has been segmented into industrial, agriculture, and domestic. The industrial application segment has been further divided into construction, oil & gas, water & sewage, chemical, and other industries. The country-wise segmentation includes Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, Thailand, and Rest of Asia-Pacific.
The leading players in the market such as Baker Hughes Inc. (U.S.), General Electric Company (U.S.), Schlumberger Ltd. (U.S.), Weatherford International Ltd. (Switzerland), Halliburton (U.S.), Grundfos Group (Denmark), Sulzer AG (Switzerland), KSB Group (Germany), and Walrus Pump Co., Ltd. (Taiwan) among others have been profiled in this report.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Asia-Pacific Submersible Pumps Market, By Type
8 Asia-Pacific Submersible Pumps Market, By Application
9 Asia-Pacific Submersible Pumps Market, By Industries
10 Asia-Pacific Submersible Pumps Market, By Region
11 Competitive Landscape
12 Company Profiles
- Atlas Copco
- Baker Hughes
- Flowserve Corporation
- General Electric Company
- Grundfos Group
- Halliburton Company
- KSB Group
- National Oilwell Varco, Inc.
- Schlumberger Limited
- Sulzer AG
- Walrus Pumps Co.Ltd.
- Weatherford International Ltd.
- Wilo Group
For more information visit http://www.researchandmarkets.com/research/fnds8l/asiapacific