Global Submersible Pumps For Mining Sector Market Research Report - Forecast to 2023
Industry Survey, Growth, Competitive Landscap and Forecasts to 2023
PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Submersible Pumps For Mining Sector Market 2018 Submersible Pumps For Mining Sector Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 Market Highlights The Global Submersible Pumps for Mining Sector Market is a very dynamic market and is expected to witness high growth over the forecast period. The growth of submersible pumps for mining sector market is influenced by growing urban population, rapid industrialization, and huge investments for infrastructure development in the region. Moreover, submersible pumps are waterproof and prevent leakage of the liquid or electric charge when the pumps are immersed in liquid. Additionally, these pumps do not need extra space or utility room for their existence and can be immersed deeper in the liquid unlike any other pumps. Whereas, high cost of the submersible pumps & other substitute pumps, act as a major restraint for the growth of the market. Global Submersible Pumps for Mining Sector Market is expected to grow with ~5.38% CAGR during the forecast period Market Research Analysis: The development of new and diversified technologies, is creating exciting opportunities within the mining industry. Global demand for submersible pumps is increasing due to infrastructural development activities worldwide. Submersible centrifugal pumps with an electric drive is another type of pump used in oil production and vertical pumping of water. Submersible pumps with hydraulic drive and piston type, are also used in some countries. Ever increasing energy demand, increasing offshore new exploration, and production activities, increase investments in oil and gas industry and growth in agriculture and other industries, are driving the market. However, environmental issues and costs associated with operations are restraining the growth market. In terms of geographic regions, APAC will have the highest contribution to the submersible pump market during the forecast period. The region’s lead in the market is attributed to the major factors such as rapid urbanization, industrialization, and the major developing economies including China and India. 2
www.marketresearchfuture.com
Submersible Pumps For Mining Sector Market 2018 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Submersible Pumps For Mining Sector Market Research Report- Forecast 2023”
Regional Analysis In terms of geography, Asia Pacific accounted for the majority market share and will continue to dominate the market in the forecast period. The submersible pump for mining sector is primarily driven by strong industrialization & increasing urbanization and increasing demand from mining & sludge treatment industry. Strong growth prospect of construction industry in the Asia Pacific region, is expected to drive demand for submersible pumps for mining sector in the coming years. China accounted for the largest market share of 33.59% in 2016, with a market value of USD 208.6 million, and is projected to grow at the highest CAGR of 6.41% during the forecast period.
The submersible pumps for mining sector market is undergoing various changes with the evolving customer expectations, acceleration of technological innovation, and shifts in competitive power. Increasing number of funding commitments for the commercialization and development of refueling infrastructure, will also be contributing growth for the market in the years to come. The global Submersible pumps for mining sector market has been segmented, based on Well Type, Pump Stage, Power Ratings and region. On the basis of well type, bore well segment dominates the global submersible pumps for mining sector market with a share of 65.9% in 2016, and expected to grow at a CAGR of 5.38% during the forecast period. On the basis of pump stage, multi stage segment accounted for the largest market share with a CAGR of 5.51% during the forecast period. On the basis of power ratings, high power segment accounted for the largest market share and is projected to grow at the highest CAGR of 5.66%, during the forecast period 3
www.marketresearchfuture.com
Submersible Pumps For Mining Sector Market 2018 Scope of the report Regional Analysis In terms of geography, Asia Pacific accounted for the majority market share and will continue to dominate the market in the forecast period. The submersible pump for mining sector is primarily driven by strong industrialization & increasing urbanization and increasing demand from mining & sludge treatment industry. Strong growth prospect of construction industry in the Asia Pacific region, is expected to drive demand for submersible pumps for mining sector in the coming years. China accounted for the largest market share of 33.59% in 2016, with a market value of USD 208.6 million, and is projected to grow at the highest CAGR of 6.41% during the forecast period.
Additional Information •
Regulatory Landscape
•
Pricing Analysis
•
Macroeconomic Indicators
Company Information •
Profiling of 10 key market players
•
In-depth analysis including SWOT analysis, and strategy information of related to report title
•
Competitive landscape including emerging trends adopted by major companies
Sample of the Report @ https:// www.marketresearchfuture.com/sample_request/5050 4
www.marketresearchfuture.com
Solar Street Lighting Market - 2018 Key Players Prominent Players The prominent players in the Solar Street Lightings are VerySol Inc. (U.S.), Solar Street Lights USA (U.S.), Dragons Breath Solar (U.K.), Urja Global Ltd. (India), Solektra International LLC (U.S.), Bridgelux Inc. (U.S.), SOKOYO Solar Group (China), Sunna Design (France), Sol Inc.(U.S.), Philips Lighting Holding B.V.( the Netherlands), Omega Solar (India).
Browse full report @ https:// 5
www.marketresearchfuture.com
ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com
Copyright Š 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.
6
www.marketresearchfuture.com
MARKET RESEARCH FUTURE THANK YOU
salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US)
Ph: +44 208 133 9349 (UK)
7
www.marketresearchfuture.com