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Global $15.5 Bn Submersible Pumps Market to 2025: Revenue Shift & New Revenue Pockets for Submersible Pump Manufacturers - Press Release - Vimarsana News

Global $15.5 Bn Submersible Pumps Market to 2025: Revenue Shift & New Revenue Pockets for Submersible Pump Manufacturers - Press Release

Global $15.5 Bn Submersible Pumps Market to 2025: Revenue Shift & New Revenue Pockets for Submersible Pump Manufacturers ResearchAndMarkets.com's offering. The submersible pumps market is projected to reach USD 15.5 billion by 2025 from an estimated USD 11.2 billion in 2020, at a CAGR of 6.7% during the forecast period. Increasing investments in construction industry attributing to rapid urbanization, and high demand for submersible pumps in agricultural sector are the key factors driving the growth of the submersible pumps market. Likewise, the up-gradation of aging and construction of ne...