Hexa Research
Fact-based market research , penetrating industry insights and validated forecasts to help you make better decisions for a stronger future
treatment is some of the vital applications of ESP in the industrial sector . Based on industry , the ESP market is segmented further into construction , power and energy , chemicals , food and beverage and waste water and water treatment .
The ESP market can be segmented into five regions such as North America , Europe , Asia - Pacific , South and Central America and the Middle East and Asia . In the year 2013 , the largest consumer for ESP was Europe and will continue to be the largest market because of the increasing number of mature oil fields in Kazakhstan , UK , Russia , and Norway , followed by North America , Asia-Pacific . The market in Central and South America will be growing on account of a large number of mature fields in Venezuela and Brazil .
The leading player in the market such as Sulzer AG , Grundfos Group , Xylem Inc , KSB Group , Ebara Corporation , ITT , WILO , Schlumberger and Haight Pumps enjoys a prominent place in the market . The players in this market invest in R & D in order to enhance their products efficiency . These companies are expanding into new regions in order to take advantage of the opportunities present in the regions such as Africa , Asia Pacific , South America and Middle East through JV ' s , partnerships , mergers , and acquisitions . This will allow them to minimize the risk of the company ' s revenue being concentrated on one single region an d even if economic growth is low in some regions .
Browse Related Category Market Reports @ https :// www . hexaresearch . com / researchcategory / distribution-and-utilities-industry
About Us : Hexa Research is a market research and consulting organization , offering industry reports , custom research and consulting services to a host of key industries across the globe . We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives .
Contact : + 1-800-489-3075
Email : sales @ hexaresearch . com Website : http :// www . hexaresearch . com /