#Shakti openwell submersible pump

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India Submersible Water Pumps Market Size, share and forecast to 2024 | Aarkstore.com

India submersible water pumps market was valued at $ 565 million in 2018 and is projected to grow at a CAGR of over 10% and cross $ 1 billion by 2024. Anticipated growth in the market can be attributed to growth in the agriculture sector and rising water scarcity in India. Moreover, the government of India is focusing on improving the country’s agriculture sector by boosting investments into the sector. The government is also providing highly subsidized power supply to farmers, which is likely to push demand for submersible water pumps from this sector. Additionally, rapidly growing industrial activities are further expected to positively influence India submersible water pumps in the coming years.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020-2024

Objective of the Study:

• To analyze and forecast India submersible water pumps market size.

• To define, classify and forecast India submersible water pumps market on the basis of type, mode of operation, end use and regional distribution.

• To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of the region by segmenting India submersible water pumps market into four regions, namely, North, West, East, and South.

• To identify tailwinds and headwinds for India submersible water pumps market.

• To strategically profile leading players operating in India submersible water pumps market.

Some of the major players operating in India submersible water pumps market are CRI Pumps Private Limited, Kirloskar Brothers Limited, Crompton Greaves Consumer Electrical Ltd., KSB Pumps Limited, Texmo Industries, Shakti Pumps India Limited, Pluga Pumps and Motors Pvt Ltd, Lubi Industries LLP, La-Gajjar Machineries Pvt. Ltd., Oswal Pumps Ltd., and Falcon Pumps Pvt. Ltd.

They performed primarily as well as exhaustive secondary research for this study. Initially, They sourced a list of submersible water pumps companies in India. Subsequently, They conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, they were able to include companies that could not be identified due to the limitations of secondary research. They analyzed product offerings, end users and regional presence of all major submersible water pump suppliers across India.

They calculated India submersible water pumps market size using a bottom-up approach, wherein manufacturers’ value sales data for different product types were recorded as well as the forecast for the future years was made. Secondary sources such as company annual reports, Ministry of Corporate Affairs, Ministry of Oil & Gas, World Bank, Press Releases, Industry Magazines, Industry Reports, News Dailies, Credible Paid Databases, Proprietary Databases, etc., were also studied.

Key Target Audience:

• Submersible water pump manufacturers, suppliers, distributors, and other stakeholders

• Associations, organizations, and alliances related to submersible water pumps

• Government bodies such as regulating authorities and policymakers

• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as submersible water pump manufacturers, distributors, dealers, and policymakers. The study would also help them in deciding which market segments should be targeted over the coming years in order to strategize investments and capitalize on the growth of the market.

 Report Scope:

In this report, India submersible water pumps market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

 • Market, by Product Type:

o Borewell

o Openwell

o Non-Clog

• Market, by Mode of Operation:

o Single-stage

o Multi-stage

• Market, by End Use:

o Agriculture

o Residential

o Municipal

o Water and Wastewater

o Industrial

o Others

• Market, by Region:

o North

o South

o East

o West

• Market, by Company:

o CRI Pumps Pvt. Ltd.

o Kirloskar Brothers Limited

o Crompton Greaves Consumer Electrical Ltd

o KSB Pumps Limited

o La-Gajjar Machineries Pvt. Ltd.

 Competitive Landscape

Competition Benchmarking: Benchmarking of leading 10 players on the basis of type.

Voice of Customer: Customer analysis by considering parameters, such as brand awareness, brand satisfaction, purchase decision influencers, and challenges & unmet needs.

Company Profiles: Detailed analysis of the major companies present in India submersible water pumps market.

Available Customizations:

With the given market data, They offer customizations according to a company’s specific needs. The following customization options are available for the report:

Channel Partner Analysis

• A detailed list of distributors and dealers across the country.

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Product Information

• Detailed analysis of new products and their driving forces in the market.

Category:        Agriculture and Forestry

Contact Details:

Aarkstore Enterprise 24/7 Online Support: +91 9987295242 | contact@aarkstore.com

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India Submersible Pumps Market Analysis by Key Players, Industry Growth, Size, Share, Trends, Sales Forecast to 2023

Growing urbanization and industrialization as well as increasing public & private infrastructural development activities have propelled the demand for submersible pumps in India. Further, need for better and advanced water pumping solutions in several applications has also driven the growth of submersible pumps in India. Additionally, features such as low maintenance cost, energy efficient, less noise, and water proof are providing an added advantage over the traditional pumps.

India submersible pumps market is projected to grow at a CAGR of 9.2% during 2017 to 2023. Open well pumps segment registered majority of the revenue share in 2016, owing to major adoption in agriculture application. In the overall submersible pumps market, agriculture application acquired major revenue share followed by residential & commercial and industrial applications. The agriculture sector in India is projected to witness substantial growth over the coming years, attributed to increasing facilities and investments in agricultural infrastructure such as irrigation facilities, cold storage, and warehousing.

The submersible pumps market is relatively fragmented, owing to presence of large number of foreign and domestic players across the country. Moreover, domestic manufacturers are rigorously focusing towards expansion through mergers and tie-ups with several international players. Some of the major players in submersible pumps market in India include Shakti Pumps, Oswal Pumps, KSB Pumps, C.R.I. Pumps, Kirloskar Brothers, Crompton Greaves, WPIL, Falcon Pumps, Texmo Industries, and V-Guard Industries.

Click the link below to read the complete report: http://www.marketreportsonindia.com/industry-mfg-market-research-reports-16874/india-submersible-pumps.html

The report thoroughly covers submersible pump market by type, applications, industry, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers, which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics. Markets Covered

The report provides detailed analysis of the following market segments:

By Types

- Openwell Submersible Pumps

- Borewell Submersible Pumps

By Applications

- Agriculture

- Residential & Commercial

- Industrial

By Industry

- Construction

- Oil & Gas

- Water & Sewage

- Chemical

- Power Utilities

- Mining

- Others

By Regions

- Northern

- Western

- Eastern

- Southern

For more related reports visit us at: Pumps Market Reports

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