The global submersible pump market is segmented into product type such as non-clog submersible pump, open well submersible pump and bore well submersible pump. Among these segments, open well submersible pump segment is expected to occupy top position in overall submersible pump market during the forecast period. The demand for open well submersible pump is increasing on the back of factors such as increasing adoption of these pumps in the agricultural sector. Further, agriculture sector is witnessing significant boost in the developing countries such as China, India and others. This factor is anticipated to provide a robust growth in the demand for open well submersible pump market.
Submersible Pump Market Grow with A High CAGR- Global Industry Analysis, Key Manufacturers, Trends, Size, And Forecasts[2023]
