North America Submersible Pump Market (2019-2025) | Forecast, Share, Growth, Analysis, Value, Companies, Size, Outlook, Industry, Trends & Revenue

Latest 2021 Developments

North America Submersible Pump Market has seen latest innovations which include the introduction of disruptive technologies such as the Industrial Internet of Things (IIoT) in addressing some pressing end-user concerns, such as the need for increasing energy efficiency, reducing operational costs, enhancing production efficiency, and improving profitability. With ongoing trends such as size reduction, portability, and variable frequency drive operation, demand for small, silent, energy-efficient, and high-performance centrifugal pumps are fast gaining traction. Technologies like 3D printing and computer modeling have helped organizations in changing the overall structure of their pumps. These technologies have helped firms in making a predictive analysis about the performance of these pumps and make desired changes as per the results. Additionally, ongoing construction projects such as Tower Fifth, Central Park Tower, and 350 Park Avenue have assisted the United States to dominate innovation in the submersible pump market.

Mergers and Acquisitions:

• In November 2020, Baker Hughes acquired Compact Carbon Capture.

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The growing construction sector, increasing investment in the oil & gas sector along with stringent government norms and regulations are the key driving factors driving the demand for Submersible Pump in the North America region. Further, rapid industrialization coupled with the surging need for wastewater treatment would fuel the demand for North America submersible pump market over the coming years.

According to 6Wresearch, North America Submersible Pump Market size is anticipated to register growth during 2019-25. Based on applications, the market can be categorized into water & wastewater, mining & construction, pulp & paper, energy & power, chemicals & pharmaceuticals, agriculture, and others. Water and Wastewater application followed by the oil and gas sector acquired major revenue share in 2018, and are expected to lead the demand during the forecast period.

 In the overall North America Submersible Pump market share, the United States has captured major pie in 2018 and is expected to lead throughout the forecast period on the back of the growing construction and industrial sector. Additionally, ongoing construction projects such as Tower Fifth, Central Park Tower, and 350 Park Avenue would assist the United States to dominate the submersible pump market during the projected period.

The North America Submersible Pump market report thoroughly covers the market by product types, power rating, application, and countries including US, Canada, and the rest of the North America region. The North America Submersible Pump market outlook report provides an unbiased and detailed analysis of the on-going North America Submersible Pump market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

The North America submersible pump market is estimated to register sound revenues in the coming time frame on the back of the growth of the mining & construction, pulp & paper industry. Additionally, rising government regulation coupled with installation of energy efficient electric motor which is leading to conserve energy with provision of recommend shunt capacitor is expected to foster the adoption for submersible pumps in the market. Furthermore, rising in the functioning aspect of submersible pumps along with pumping water up from deep wells with less usage of power would boost the progressive growth of the North America submersible pump market throughout the forecast period.

Key Highlights of the Report:

• North America Submersible Pump Market Overview
• North America Submersible Pump Market Outlook
• North America Submersible Pump Market Forecast
• Historical Data of North America Submersible Pump Market Revenues & Volume for the Period 2015-2018
• North America Submersible Pump Market Size and North America Submersible Pump Market Forecast of Revenues & Volume, Until 2025
• Historical Data of North America Submersible Pump Market Revenues & Volume, by Product Types, for the Period 2015-2018
• Market Size & Forecast of North America Submersible Pump Market Revenues & Volume, by Product Types, Until 2025
• Historical Data of North America Submersible Pump Market Revenues & Volume, by Power Ratings, for the Period 2015-2018
• Market Size & Forecast of North America Submersible Pump Market Revenues & Volume, by Power Ratings, Until 2025
• Historical Data of North America Submersible Pump Market Revenues and Volume, By Applications, for the Period 2015-2018
• Market Size & Forecast of North America Submersible Pump Market Revenues and Volume, By Applications, Until 2025
• Historical Data of United States Submersible Pump Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of United States Submersible Pump Market Revenues and Volume, Until 2025
• Historical Data of Canada Submersible Pump Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Canada Submersible Pump Market Revenues and Volume, Until 2025
• Market Drivers and Restraints
• North America Submersible Pump Market Price Trends
• North America Submersible Pump Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• North America Submersible Pump Market Share, By Players
• North America Submersible Pump Market Share, By Regions
• North America Submersible Pump Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations 

Markets Covered

The North America Submersible Pump Market report provides a detailed analysis of the following market segments:

• By Product Types:
  • Borewell Submersible Pump
  • Non-Clog Submersible Pump
  • Open-well Submersible Pump
• By Power Ratings:
  • Low
  • Medium
  • High
• By Applications:
  • Water & Wastewater
  • Mining & Construction
  • Pulp & Paper
  • Energy & Power
  • Agriculture
  • Chemicals & Pharmaceuticals
  • Others
• By Countries: 
  • United States
  • Canada
  • Rest of North America

Other Key Reports Available:

• United States Submersible Pump Market Report
• Canada Submersible Pump Market Report