Energy and Power Submersible Pumps Market | Page 2

commercial scale water extraction will also grow at a steady pace, helped by demand from growing cities with scarce freshwater resources. Scope of the Report This report focuses on the global submersible pumps market, which has been segmented on the basis of type, operation, power rating, application, industry and region. On the basis of Type • • Openwell Borewell On the basis of Operation • • Single-stage Multi-stage On the basis of Power Rating • • • Low Medium High On the basis of Industry • • • • Mining & Construction Water & Wastewater Energy & Power Others Leading players in the global submersible pumps market include Xylem, Inc. (U.S.), Sulzer AG (Switzerland), KSB Group (Germany), Grundfos Group (Denmark), and Ebara Corporation (Japan) among others. Players in the global submersible pumps market make investments in R&D to enhance the efficiency of their products. These companies are expanding into new territories to take advantage of opportunities in the emerging regions such as Asia -Pacific, Middle East & Africa, and South America through joint-ventures, mergers and acquisitions, and partnerships. This will help them to venture into new markets, minimize the risk of company’s revenue being concentrated on one single region and help them to sustain even if economic growth is low in some regions.