Global Electrical Submersible Pumps (ESPs) Market-Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2018-2025
Report Description
The report covers the
analysis and forecast of the electrical submersible pumps (ESPs) market on
global as well as regional level. The study provides historic data of 2016
along with the forecast for the period between 2018 and 2025 based on revenue
(USD Mn).
The study provides a
detailed view of the Electrical
Submersible Pumps (ESPs) Market, by segmenting it based on by product, by type, by
application, by components, and regional demand. Wide use of electrical
submersible pumps in construction and oil & gas industries is a major
factor propelling the growth of the market. Rising preference of individuals
towards submersible pumps over jet pumps further creates a huge demand and high
growth opportunity of this market during the forecast period of 2018 to 2025.
Regional segmentation
includes the current and forecast demand for North America, Europe, Asia
Pacific, Middle East and Africa and Latin America. The segmentation also
includes by product, by type, by component, and application in all regions.
The competitive
profiling of the key players in the Global
Electrical Submersible Pumps (ESPs) Market across five broad geographic
regions is included in the study. These include different business strategies
adopted by the leading players and their recent developments.
A comprehensive
analysis of the market dynamics that is inclusive of market drivers,
restraints, and opportunities is part of the report. Additionally, the report
includes potential opportunities in the electrical submersible pumps (ESPs)
market at the global and regional levels. Market dynamics are the factors which
impact the market growth, so their analysis helps understand the ongoing trends
of the global market. Therefore, the report provides the forecast of the global
market for the period from 2018 to 2025, along with offering an inclusive study
of the electrical submersible pumps (ESPs) market.
The report provides
the size of the electrical submersible pumps (ESPs) market in 2018 and the
forecast for the next seven years up to 2025. The size of the global electrical
submersible pumps (ESPs) market is provided in terms of revenue. Market revenue
is defined in USD Mn. The market dynamics prevalent in North America, Europe,
Asia Pacific, Middle East and Africa and Latin America has been taken into
account in estimating the growth of the global market.
Market estimates for
this study have been based on revenue being derived through regional pricing
trends. The electrical submersible pumps (ESPs) market has been analyzed based
on expected demand. Bottom-up approach is done to estimate the global revenue
of the electrical submersible pumps (ESPs) market, split into regions. Based on
product, type, component, and application the individual revenues from all the
regions are summed up to achieve the global revenue for electrical submersible
pumps (ESPs). Companies were considered for the market share analysis, based on
their innovation and application and revenue generation. In the absence of
specific data related to the sales of electrical submersible pumps (ESPs)
several privately held companies, calculated assumptions have been made in view
of the company's penetration and regional presence.
The report covers a
detailed competitive outlook that includes the market share and company
profiles of key players operating in the global market. Key players profiled in
the report include General Electric (GE), Borets Company, Falcon Pumps Pvt.
Ltd., Grundfos Pumps Corporation, Schlumberger Limited, Walrus America Inc.,
and few others likely to be named.
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