New York, According to a new market research report published by Global Insight Services “Vertical Immersion Pumps Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Vertical immersion pumps are a type of pump that is designed to be used in a vertical orientation. This is in contrast to most other types of pumps, which are designed to be used in a horizontal orientation. There are many advantages to using a vertical immersion pump over a horizontal pump. For one, vertical pumps are less likely to leak, as there is no gravity working against them. Additionally, vertical pumps are less likely to overheat, as the heat generated by the pump is dissipated more evenly. Finally, vertical pumps are often more efficient than horizontal pumps, as they can take advantage of the natural flow of liquids.
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Key Trends
Over the past few years, there has been a shift in the way that vertical immersion pumps are used. Instead of being used to pump water from one location to another, they are now being used more for industrial applications.
This is due to the fact that they are more efficient and can handle more pressure than other types of pumps.
Additionally, vertical immersion pumps are also becoming more popular in the food and beverage industry, as they are able to pump liquids of all viscosities without clogging.
Key Drivers
The key drivers of the vertical immersion pumps market are its features like high reliability, low noise, and low maintenance. Moreover, it finds applications in a wide range of industries like oil and gas, power generation, chemicals, and others.
Additionally, the rising demand for energy-efficient pumps is also driving the market growth.
Market Segments
The Vertical Immersion Pumps Market is segmented by product type, capacity, application and region. By product type, the market is divided into line shaft pump (VS-4) and cantilever pump (VS-5). Based on capacity, it is bifurcated into up to 100m3/hr, 100 to 500m3/hr, 500 to 1000m3/hr, and above 1000m 3/hr. On the basis of application, it is classified into irrigation, potable water supply, water cooling, dewatering, and others. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Vertical Immersion Pumps Market includes players such as Ruhrpumpen Group, Brinkamann Pumps, KSB Pumps, Gusher Pumps, ITT Inc., AxFlow Holdings AB, Lutz JESCO GmbH, Castle Pumps, North Ridge Pump, and CRI Pumps.
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Reasons to buy Vertical Immersion Pumps Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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