Explore the Types of Submersible Pumps Optimizing Various Industrial Applications

Key Takeaways:

• Popular types of submersible pumps
• Reasons behind the rise in the adoption of these pumps
• Regional outlook of the domain
• Advantageous acquisitions by leading players

Submersible pumps, also known as electrical submersible pumps, are water pumps that can be widely used for a wide range of industrial and residential applications.  These pumps are highly energy-efficient pumps that do not spend energy on moving the water inside the pump. Certain types of these pumps can also handle solids along with all kinds of liquids. These pumps come in different models, depending on the water that is needed to be pumped. For instance, there are clean-water submersible pumps that can be used for rainwater processing and there are also other models such as wastewater submersible pumps to process water that contains sand, soil, and residue. In this article, we are going to discuss different types of submersible pumps reshaping industries with a wide range of applications.

Investing in which types of submersible pumps can optimize your business operations?

In recent years, submersible pumps that are lowered into the groundwater have gained popularity across different industries. These pumps are available in a variety of styles, each with a unique set of features. A borewell pump is one of the highly demanding submersible pumps used to extract water and other liquids from boreholes. This pump has a narrow shaft that is dug vertically into the ground for several purposes which includes extraction of petroleum, water, and other types of natural gas from underground. Borewell pumps consist of corrosion-resistance substances, enabling them to make a direct touch with soil minerals. Such features make these pumps suitable for a wide range of applications including construction, mining, irrigation, and municipal water supply. Because of their diverse applicability, the borewell segment is predicted to rise at the fastest CAGR of 7.0% during 2023-2032.

Another renowned type of submersible pump is a stainless-steel pump that functions better than cast iron pumps and has a better appearance. These pumps are completely coated with stainless steel because of which they have high acidic resistance. This coat of stainless steel can provide extended protection to the water source, such as well. This coat of stainless steel also allows these pumps to offer a continuous flow of fresh water. Stainless steel pumps can be submerged in water while it is running. They are commonly used to push moderate acidic and hot water.

On the other hand, submersible utility pumps are multipurpose pumps widely used in many applications. These pumps are widely utilized to remove water from basement floors, waterbeds, building sites, and aquariums. These are electric pumps placed in the deepest portion of the water to perform larger applications. In addition, they do not require any real installation and need minimal maintenance.

Why are submersible pumps an ideal choice for various industries?

Submersible pumps comprise several advantageous features that can cater to various industrial needs. These pumps are perfect for carrying out operations on the roadside or under sidewalks where space is limited. The pumps do not need separate installation areas or pumping stations and offer various space-saving designs for running such operations. On the contrary, these pumps can efficiently pump liquids from the utmost depth, making them suitable for applications such as wells, deep water sources, and borewells. The best thing about these pumps is they operate underwater, reducing noise and vibration levels. This makes them the best for applications where noise and vibration can be damaging. Nowadays, as industries are looking for energy-efficient solutions, these pumps can move large volumes of water with low power consumption. In this way, it can be optimally profitable for industries by enabling them to make cost savings over a long period.

A quick look into the regional landscape and profitable acquisitions in the domain

The submersible pumps industry is examined across various countries and regions. Regionally, the Asia-Pacific region is anticipated to hold the largest market share due to the rapid urbanization and infrastructure development in this region. Based on country-wise analysis, India is predicted to manifest a CAGR of 7.9% during 2023-2032. However, Italy is expected to hold the second rank, rising at a CAGR of 7.5% over the analysis period.

To foster the industry’s competitiveness, several leading players have made alliances such as mergers, partnerships, collaborations, and acquisitions. For instance, in December 2023, Atlas Copco Group, a world-leading manufacturer of compressors, vacuum solutions, generators, and pumps announced its acquisition of Sykes Group Pty Ltd., a leading auto prime pump manufacturer. With this acquisition, the companies aimed to develop a wide range of surface dewatering pumps for mining and wastewater activities.

Similarly, in January 2022, Industrial Flow Solutions, a leading provider of submersible pumps, controls, direct in-line pumping systems & other wastewater pump systems acquired Dreno Pompe, a renowned designer and manufacturer of electrical submersible pumps for wastewater applications. With this acquisition, the companies aimed to open a new manufacturing facility to deliver high-quality and reliable wastewater solutions.

To conclude, the increase in demand for submersible pumps in the construction industry for various applications is expected to propel the growth of the domain in the coming era. Furthermore, the rise in the need for these mechanical devices in the mining sector to remove water from deep mine shafts is predicted to create extensive opportunities for the industry in the future.

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