Emerging Markets and Opportunities in the Submersible Pumps Industry
Market Overview The submersible pumps market is expected to grow from USD 15.23 billion in 2022 to USD 24.80 billion by 2030, at a CAGR of 7.22% during the forecast period. A submersible pump has a sealed motor tightly connected to the pump body. The entire pump is submerged in the water. The fact that this pump is fully submerged in the water usually eliminates the need for fuelling. This...
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