Electric Submersible Pump Market in Europe to grow at 5% CAGR by 2025
Category: #business  By Deepak Pardhi  Date: 2019-09-13
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Electric Submersible Pump Market in Europe to grow at 5% CAGR by 2025

Global Market Insights recently introduced report on global Electric Submersible Pump Market  report is an in-depth study providing complete analysis of the industry for the period 2018 to 2024. It provides complete overview of the industry considering all the major industry trends, market dynamics and competitive scenario.

The electric submersible pump market report research highlights key dynamics of the global sector. The potential of the industry has been investigated along with the key challenges. The current Electric Submersible Pump Market scenario and prospects of the sector has also been studied.

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Electric Submersible Pump Market Driven by the expansion of building infrastructure paired with favorable policies towards advancement of water supply and distribution technologies, Electric Submersible Pump Market will witness remarkable gains in the ensuing years. The electric submersible pumps are extensively deployed in applications such as large-scale irrigation projects, industrial water supply, as well as across commercial and residential high-rise buildings, further validating massive revenue prospects for the industry. 

Agriculture is one of the fastest-growing sectors in the world, estimated to feed over 9.7 billion people by 2050, according to the World Bank group. The growth is mainly driven by rapidly budding population around the world and the subsequent rise in demand from the food & beverage industry.

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Development of efficient irrigation requires taking into account proper use of water and sustainable energy consumption. Use of electric submersible pumps for irrigations facilitates effective supply and distribution of water and reduces energy consumption up to a great extent.

The agricultural landscape is rapidly evolving, and farmers cannot rely on the technologies and practices of the past. Understanding past practices, current issues of water and energy, and advances in pump technology will contribute to designing pumping systems that are suitable for modern agricultural systems.

Development of efficient irrigation requires taking into account proper use of water and sustainable energy consumption. Use of electric submersible pumps for irrigations facilitates effective supply and distribution of water and reduces energy consumption up to a great extent.

The World Bank also reports that agriculture constitutes 70% of water used worldwide. Adoption and deployment of these pumps in large-scale irrigation projects is slated to influence electric submersible pump market size in the coming years.

Browse Complete Summary of this report @ https://gminsights.com/industry-analysis/electric-submersible-pump-market

UAE natural gas market is predicted to witness robust growth on account of positive outlook toward diversification of energy. The Government of UAE has set a target to consolidate 24% of its contribution from renewable resource under its National Agenda 2021.

Focus toward abundant availability of unconventional gas coupled with development of tight & shale gas reserves will foster the Bahrain natural gas market growth. In 2018, companies across Bahrain recovered 80 bbl. Of tight oil which in turn will positively influence the industry dynamics.

Ongoing investments for the development of unconventional NG reserves along with escalating demand of energy will complement the Saudi Arabia natural gas Market. Saudi Aramco announced investment of USD 7 billion toward development of shale gas reserves.

Eminent participants across the GCC natural gas market includes Qatar Petroleum, GAZPROM, British Petroleum, Exxon Mobil, ConocoPhillips, Bahrain Petroleum Company, Eni, Lukoil, Chevron, Royal Dutch Shell, ONGC Videsh, General Electric, Occidental Petroleum Corporation, Petroleum Development Oman, Statoil, Rosneft, Occidental Petroleum Corporation and Total.

Partial Table of Contents (ToC) of the report:

Chapter 4 Electric Submersible Pump Market, By Industry

4.1 Electric submersible pump market share by industry, 2018 & 2025

4.2 Oil & Gas

4.2.1 Global market from oil & gas, 2014 – 2025

4.2.2 Onshore

4.2.2.1 Global market from onshore, 2014 – 2025

4.2.3 Offshore

4.2.3.1 Global market from offshore, 2014 – 2025

4.3 Sewage & wastewater

4.3.1 Global market from sewage & wastewater, 2014 – 2025

4.3.2 Borewell

4.3.2.1 Global market from borewell, 2014 – 2025

4.3.3 Open well

4.3.3.1 Global market from open well, 2014 – 2025

4.4 Agriculture

4.4.1 Global market from agriculture, 2014 – 2025

4.4.2 Borewell

4.4.2.1 Global market from borewell, 2014 – 2025

4.4.3 Open well

4.4.3.1 Global market from open well, 2014 – 2025

4.5 Building services

4.5.1 Global market from building services, 2014 – 2025

4.5.2 Borewell

4.5.2.1 Global market from borewell, 2014 – 2025

4.5.3 Open well

4.5.3.1 Global market from open well, 2014 – 2025

4.6 Others

4.6.1 Global market from others, 2014 – 2025

4.6.2 Borewell

4.6.2.1 Global market from borewell, 2014 – 2025

4.6.3 Open well

4.6.3.1 Global market from open well, 2014 – 2025

Chapter 5 Electric Submersible Pump Market, By Well

5.1 Electric submersible pump market share by well, 2018 & 2025

5.2 Borewell

5.2.1 Global market from borewell, 2014 – 2025

5.2.2 Global market from borewell by region, 2014 – 2025

5.3 Open well

5.3.1 Global market from open well, 2014 – 2025

5.3.2 Global market from open well by region, 2014 – 2025

Browse complete table of content of this report @ https://www.gminsights.com/toc/detail/electric-submersible-pump-market

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Deepak Pardhi    

Deepak Pardhi

Deepak Pardhi carries a brief yet notable experience in the digital marketing domain having worked on several projects across a range of niche verticals. Deepak is endorsed with a B.Tech degree in electrical & electronics engineering.

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