submersible pumps market in china 2015-2019
TRANSCRIPT
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Submersible Pumps Market in China 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Submersible Pumps Market in China 2015-2019,
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Key Trends
Technavio’s Senior Analyst says, “Factors such as increased investment in water and wastewater recycling plants and revival of the construction industry in China are fueling market growth. The demand for submersible pumps in the country is driven by deepwater exploration activities, rise in urbanization, and depleting fresh water resources. These pumps have also become an essential part of the oil and gas industry, as they increase the efficiency of the crude oil production process.”
• Pumps are mechanical devices that are used to transfer liquid from one place to another. These devices also distribute coolants throughout a system to increase its operational performance. Pumps use various energy sources, such as electricity, wind power, and engines.
• Technavio's analysts forecast the submersible pump market in China to grow at a CAGR of 7.52% over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Submersible Pumps Market in China 2015-2019
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Vendors
To understand the vendor landscape and for a full list of vendors view our report:
Submersible Pumps Market in China 2015-2019
Baker Hughes
GE
Grundfos Pumps
Baker Hughes, headquartered in Texas, US, was founded in 1987 through the merger of Baker International and Hughes Tool. The company provides oil services, technology and systems, products, and other solutions to oil and gas operators throughout the world.
GE was founded in 1892 and is headquartered in Fairfield, Connecticut, US. It is a diversified infrastructure, healthcare, and financial services company.
Grundfos Pumps, a subsidiary of Grundfos Holding, was established in 1949 and is headquartered in Olathe, Kansas, US. It is one of the world's largest manufacturer of circulator pumps and coverings.
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Market Landscape
• Factors such as increased investment in water and wastewater recycling plants and revival of the construction industry in China are fueling market growth.
• The demand for submersible pumps in the country is driven by deepwater exploration activities, rise in urbanization, and depleting fresh water resources.
• These pumps have also become an essential part of the oil and gas industry, as they increase the efficiency of the crude oil production process.
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Key Buying CriteriaGuest Bloggers
• Authenticity • Delivery • Price• Service
Support
Parameter Details
After-sales Services and Support The after-sales services and support provided by submersible pump manufacturers should be efficient and easily available.
Efficiency Submersible pumps must be efficient and have low power consumption.
Reliability Submersible pumps are used in volatile environments; therefore, they should be safe and reliable during operation.
Total Cost of Ownership The total cost of ownership of submersible pumps should be affordable to end-users.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Submersible Pumps Market in China 2015-2019
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