Submersible Pump Market to Reach Nearly $19 Billion by 2019

Global demand in the submersible pump is growing with increased requirement for energy and water. The range of applications for these products is increasing in the municipal sector as well as in the industrial sectors of oil and gas, chemicals, power, water and others.

The report "Submersible Pump Market by Industry (Chemical, Construction, Energy and Power, Water and Sewage, and Others), by application (Industrial, Agriculture, and Domestic) and by geography - Global Trends and Forecasts (2014-2019)" defines and segments the global submersible pump market with an analysis and forecast of the value. The submersible pump market will grow from $14,172 million market size in 2014 to $18,914 million by 2019 at a CAGR of 5.9% from 2014 to 2019.