A submersible pump, also called an electric submersible pump, is a pump that can be fully submerged in water. The motor is hermetically sealed and close-coupled to the body of the pump.
This report contains market size and forecasts of Submersible Motors in South Korea, including the following market information:
South Korea Submersible Motors Market Revenue, 2015-2020, 2021-2026, ($ millions)
South Korea Submersible Motors Market Consumption, 2015-2020, 2021-2026, (K Units)
South Korea Submersible Motors Production Capacity, 2015-2020, 2021-2026, (K Units)
Top Five Competitors in South Korea Submersible Motors Market 2019 (%)
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The global Submersible Motors market was valued at 1802.3 million in 2019 and is projected to reach US$ 2056.2 million by 2026, at a CAGR of 3.3% during the forecast period. While the Submersible Motors market size in South Korea was US$ XX million in 2019, and it is expected to reach US$ XX million by the end of 2026, with a CAGR of XX% during 2020-2026.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Submersible Motors manufacturers, suppliers, distributors and industry experts on the impacts of the COVID-19 pandemic on businesses, with top challenges including ingredients and raw material delays, component and packaging shortages, reduced/cancelled orders from clients and consumers, and closures of production lines in some impacted areas.
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This report also analyses and evaluates the COVID-19 impact on Submersible Motors production and consumption in South Korea
Total Market by Segment:
South Korea Submersible Motors Market, By Type, 2015-2020, 2021-2026 ($ millions) & (K Units)
South Korea Submersible Motors Market Segment Percentages, By Type, 2019 (%)
Single Phase
Three Phase
South Korea Submersible Motors Market, By Application, 2015-2020, 2021-2026 ($ millions) & (K Units)
South Korea Submersible Motors Market Segment Percentages, By Application, 2019 (%)
Industrial
Agricultural
Residential
Others
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Competitor Analysis
The report also provides analysis of leading market participants including:
Total Submersible Motors Market Competitors Revenues in South Korea, by Players 2015-2020 (Estimated), ($ millions)
Total Submersible Motors Market Competitors Revenues Share in South Korea, by Players 2019 (%)
Total South Korea Submersible Motors Market Competitors Sales, by Players 2015-2020 (Estimated), (K Units)
Total South Korea Submersible Motors Market Competitors Sales Market Share by Players 2019 ($ millions)
Further, the report presents profiles of competitors in the market, including the following:
Franklin Electric
Grundfos
Flowserve
Faradyne Motors
Andritz Group

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General Electric
Shakti Pumps
Pedrollo
Sumoto
Lubi Pumps
Baldor Electric
Hitachi
Ingeteam
Caprari
Aote Pump
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