Submersible Pump Motor Market
Submersible Pump Motor Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Submersible Pump Motor Market Size and Growth
The global submersible pump motor market is projected to reach a value of $7.5 billion by 2025, with a Compound Annual Growth Rate (CAGR) of 5.3%.
Growing demand for efficient water management systems, increasing investments in infrastructure development, and rising agricultural activities are driving the market growth. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Hitachi Industrial
◍ Crompton Borewell
◍ Kirloskar
◍ Grundfos
◍ Prakash
◍ RC WORST & COMPANY
◍ Franklin Electric
◍ Gol Pumps
◍ Pleuger Industries
◍ ANDRITZ
◍ Hevvy Pumps
◍ Mitchell Lewis & Staver
◍ MWI Corporation
◍ GSD
◍ Panelli
The competitive landscape of the Submersible Pump Motor Market includes companies such as Hitachi Industrial, Crompton Borewell, Kirloskar, Grundfos, Prakash, RC WORST & COMPANY, Franklin Electric, Gol Pumps, Pleuger Industries, ANDRITZ, Hevvy Pumps, Mitchell Lewis & Staver, MWI Corporation, GSD, and Panelli. These companies offer a wide range of submersible pump motors for various applications such as agriculture, industrial, municipal, and residential. They contribute to the growth of the market by continuously innovating, improving product quality, and expanding their market reach.
- Hitachi Industrial: Sales revenue of $3.5 billion
- Grundfos: Sales revenue of $4.2 billion
- Franklin Electric: Sales revenue of $1.6 billion
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Market Segmentation
By Application
Water Treatment
Oil & Gas
Mining
Industries
Others
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By Product
Single-phase
Two-phase
Three-phase
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Market Growth
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$ X Billion USD
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