Cryogenic Submerged Motor Pumps Market
Cryogenic Submerged Motor Pumps Market Forecast by Product (Centrifugal Pumps and Reciprocating Pumps), End Use (Power Generation, Oil & Gas, Automotive, Mining and Others), Application (LNG, LPG and Industrial Gases) and Region- Gloabl Market Insights 2022 to 2032
Analysis of Cryogenic Submerged Motor Pumps market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Cryogenic Submerged Motor Pumps Market Outlook (2022 to 2032)
The global cryogenic submerged motor pumps market is expected to accumulate a market revenue of US$ 1,762.4 Mn in 2022, and is projected to register a CAGR of 3.5% by garnering a market value of US$ 2,476.8 Mn in the forecast period 2022 to 2032.
| Report Attributes | Details |
|---|---|
| Market Size Value in 2022 | US$ 1,762.4 Mn |
| Project Market Forecast Value in 2032 | US$ 2,476.8 Mn |
| Global Growth Rate (2022 to 2032) | 3.5% |
| Market Share of Europe | 2.7% |
| Key Companies Profiled | Ebara Corporation; Vanzetti Engineering; Hunan Neptune Pump Co., Ltd; Shinko IND., Ltd.; Cryostar; CYY Energy; HuzhouBrightwayCryogenic Equipment Co., Ltd; Beijing Long March Tianmin Hi-Tech Co., Ltd |
Growing natural gas transportation along with gas based energy plants across the globe are primarily driving the cryogenic submerged motor pumps market growth.
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Demand Analysis of Cryogenic Submerged Motor Pumps from 2017 to 2021 Vs Market Projections for 2022 to 2032
As per Fact.MR’s report, from 2017 to 2021, the global sales of cryogenic submerged motor pumps surpassed US$ 1,762.4 Mn. High application scope of cryogenic gases into marine industry has contributed significantly to the market growth.
During the COVID-19 pandemic, prospects declined significantly, as oil & gas exploration and distribution activities were drastically hampered amid the imposition of lockdowns. Cessation of drilling projects and logistical disruptions led to shortage of supply of natural gas, prompting reduced usage of these pumps. However, as restrictions began easing, exploration activities resumed, prompting a resurgence in market demand.
Additionally, high pump efficiency, easy maintenance, and reliable pump performance with reduced internal leakage are working to the advantage of end users and subsequently raising the share of manufacturers’ bottom lines. Thus, the global sales of cryogenic submerged motor pumps are expected to exceed US$ 2,476.8 Mn by registering a CAGR of 3.5% in the assessment period 2022 to 2032
Is Expansion of Business Operations Key Growth Strategy of Manufacturers?
The cryogenic submerged motor pumps market is highly consolidated in nature. Leading players are aiming at expansion of their business operations to strengthen their position in the market.
For instance, In December 2019, Nikkiso Co., Ltd started handling ACD pumps products manufactured by the US subsidiary Cryogenic Industries Group at the European subsidiaries LEWA and Geveke in order to strengthen sales and aftermarket service in Europe.
Services offered by the company include pump repair, oxygen cleaning, pump exchange program, dedicated inventory, product training, and 24/7 customer support.
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Country-wise Analysis
Investment in LNG Bunkering Facilities Bolstering Demand for Cryogenic Submerged Motor Pumps in Europe?
Europe has accounted for a majority share of the global cryogenic submerged motor pumps market during the historical period. This is attributed to massive investment in the expansion of LNG bunkering facilities in U.K. Also, increased NGV parc and subsequent rise in the need for cryogenic submerged pumps for the natural gas fuel stations have boosted the growth prospects of the market.
However, economic slowdown and dramatic downfall in gas consumption in Europe in the last quarter due to coronavirus pandemic are poised to cause dormancy in the cryogenic submerged motor pumps market. As per the Fact.MR’s report, Europe is projected to witness a moderate CAGR of 2.7% to create absolute $ opportunity worth US$ 169.9 Mn during the forecast period.
Gas Based Energy Plants Driving Demand for Cryogenic Submerged Motor Pumps in Asia Pacific?
Major countries in Asia Pacific such as India and China are focusing on reducing their carbon emission. As the population in both countries has increased, it is causing life-threatening problems to the people of the country. Moreover, governments of these countries are taking strict actions for reducing the carbon footprint in the region.
This, in turn, has increased the dependency on energy created by gas. Thus, gas-based energy plants have increased in the region. This has led to a growing demand for cryogenic submerged motor pumps in Asia Pacific. Thus, Asia Pacific is expected to hold more than 40% market share for cryogenic submerged motor pumps.
Category-Wise Insights
Use of LNG in Surging Demand for Cryogenic Submerged Motor Pumps in Oil & Gas Industry?
Use of cryogenic submerged motor pumps in oil & gas industry is expected to account for majority of the market share. This is attributed to the increased use of LNG and other natural gases, especially in marine industry.
According to Fact.MR’s report, adoption by the oil & gas industry is poised to grow at a CAGR of 3.1% during the forecast period. However, current downfall in global oil & gas industry in line with worsening pandemic crisis has caused latency in the global cryogenic submerged motor pumps market.
Increased Use of LNG in end user Industries Surging Demand for Cryogenic Submerged Motor Pumps?
Increasing use of liquefied natural gas (LNG) in automotive and marine industry has created significant opportunities for cryogenic submerged motor pump manufacturers, as these pumps are widely used in transportation, loading, and unloading of LNG.
Increased investment in LNG bunker stations across the globe has created huge demand for cryogenic submerged motor pumps. In addition, governments of several countries are encouraging leading LNG market players to invest in their region.
For instance, In July 2018, Japanese government granted subsidy for a LNG bunkering project. The project was launched to conduct a study on LNG bunkering services for ships on the basis of ship-to-ship (STS) transfer model in Tokyo Bay by three companies i.e. Uyeno, Sumitomo, and Yokohama-Kawasaki International Port (YKIP) by signing a MoU.
Such efforts and initiatives are poised to create substantial demand for cryogenic submerged motor pumps. However, halted business operations in LNG industry due to lockdowns triggered by COVID-19 pandemic have caused havoc in the market. Prior to the pandemic, application of cryogenic submerged motor pumps in LNG transportation was projected to grow at a CAGR of 3.8% during the forecast period.
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Competitive Landscape
- In April 2021, Vanzetti Engineering launched VT 3 reciprocating pump. The pump is designed and manufactured in compliance with marine classification standard. Furthermore, the pump is available in triple configuration.
Key Segments Covered in Cryogenic Submerged Motor Pumps Report
-
By Product :
- Centrifugal
- Reciprocating
-
By End Use :
- Power Generation
- Oil & Gas
- Automotive Industry
- Mining
- Other End Uses
-
By Application :
- LNG-based
- LPG-based
- Industrial Gases-based
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Risks & Trends Assessment
- 4. Global Market - Pricing Analysis
- 5. Global Market Demand (US$ Mn) Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 6. Market Background
- 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Product Type
- 7.1. Centrifugal Pump
- 7.2. Reciprocating Pump
- 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by End Use
- 8.1. Power Generation
- 8.2. Oil & Gas
- 8.3. Automotive
- 8.4. Mining
- 8.5. Others
- 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Application
- 9.1. LNG
- 9.2. LPG
- 9.3. Industrial Gases
- 10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. East Asia
- 10.5. South Asia & Oceania
- 10.6. Middle East & Africa (MEA)
- 11. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 12. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 13. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 14. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 15. South Asia & Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 16. Middle East & Africa (MEA) Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 17. Key Countries Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 18. Market Structure Analysis
- 19. Competition Analysis
- 19.1. Nikkiso Co., Ltd.
- 19.2. Ebara Corporation
- 19.3. Vanzetti Engineering
- 19.4. Hunan Neptune Pump Co., Ltd.
- 19.5. Shinko IND., Ltd.
- 19.6. Cryostar SAS
- 19.7. CYY Energy
- 19.8. Huzhou Brightway Cryogenic Equipment Co., Ltd
- 19.9. Beijing Long March Tianmin Hi-Tech Co., Ltd.
- 20. Assumptions and Acronyms Used
- 21. Research Approach
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List Of Table
Table 1: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Product Type, 2017 to 2021
Table 2: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Product Type, 2022 to 2032
Table 3: Global Market Value (US$ Mn) and Volume (Units) Analysis, by End Use, 2017 to 2021
Table 4: Global Market Value (US$ Mn) and Volume (Units) Analysis, by End Use, 2022 to 2032
Table 5: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2017 to 2021
Table 6: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2022 to 2032
Table 7: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Region, 2017 to 2021
Table 8: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Region, 2022 to 2032
Table 9: Global Market Value Y-o-Y Growth, 2017 to 2021
Table 10: Global Market Volume Y-o-Y Growth, 2022 to 2032
Table 11: Global Market Value Y-o-Y Growth, 2017 to 2021
Table 12: Global Market Volume Y-o-Y Growth, 2022 to 2032
Table 13: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2017 to 2021
Table 14: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2022 to 2032
Table 15: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Product Type, 2017 to 2021
Table 16: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Product Type, 2022 to 2032
Table 17: North America Market Value (US$ Mn) and Volume (Units) Analysis, by End Use, 2017 to 2021
Table 18: North America Market Value (US$ Mn) and Volume (Units) Analysis, by End Use, 2022 to 2032
Table 19: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2017 to 2021
Table 20: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2022 to 2032
Table 21: North America Market Value Y-o-Y Growth, 2017 to 2021
Table 22: North America Market Volume Y-o-Y Growth, 2022 to 2032
Table 23: North America Market Value Y-o-Y Growth, 2017 to 2021
Table 24: North America Market Volume Y-o-Y Growth, 2022 to 2032
Table 25: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2017 to 2021
Table 26: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2022 to 2032
Table 27: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Product Type, 2017 to 2021
Table 28: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Product Type, 2022 to 2032
Table 29: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by End Use, 2017 to 2021
Table 30: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by End Use, 2022 to 2032
Table 31: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2017 to 2021
Table 32: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2022 to 2032
Table 33: Latin America Market Value Y-o-Y Growth, 2017 to 2021
Table 34: Latin America Market Volume Y-o-Y Growth, 2022 to 2032
Table 35: Latin America Market Value Y-o-Y Growth, 2017 to 2021
Table 36: Latin America Market Volume Y-o-Y Growth, 2022 to 2032
Table 37: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2017 to 2021
Table 38: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2022 to 2032
Table 39: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Product Type, 2017 to 2021
Table 40: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Product Type, 2022 to 2032
Table 41: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by End Use, 2017 to 2021
Table 42: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by End Use, 2022 to 2032
Table 43: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2017 to 2021
Table 44: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2022 to 2032
Table 45: Europe Market Value Y-o-Y Growth, 2017 to 2021
Table 46: Europe Market Volume Y-o-Y Growth, 2022 to 2032
Table 47: Europe Market Value Y-o-Y Growth, 2017 to 2021
Table 48: Europe Market Volume Y-o-Y Growth, 2022 to 2032
Table 49: East Asia Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2017 to 2021
Table 50: East Asia Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2022 to 2032
Table 51: East Asia Market Value (US$ Mn) and Volume (Units) Analysis, by Product Type, 2017 to 2021
Table 52: East Asia Market Value (US$ Mn) and Volume (Units) Analysis, by Product Type, 2022 to 2032
Table 53: East Asia Market Value (US$ Mn) and Volume (Units) Analysis, by End Use, 2017 to 2021
Table 54: East Asia Market Value (US$ Mn) and Volume (Units) Analysis, by End Use, 2022 to 2032
Table 55: East Asia Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2017 to 2021
Table 56: East Asia Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2022 to 2032
Table 57: East Asia Market Value Y-o-Y Growth, 2017 to 2021
Table 58: East Asia Market Volume Y-o-Y Growth, 2022 to 2032
Table 59: East Asia Market Value Y-o-Y Growth, 2017 to 2021
Table 60: East Asia Market Volume Y-o-Y Growth, 2022 to 2032
Table 61: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2017 to 2021
Table 62: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2022 to 2032
Table 63: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) Analysis, by Product Type, 2017 to 2021
Table 64: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) Analysis, by Product Type, 2022 to 2032
Table 65: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) Analysis, by End Use, 2017 to 2021
Table 66: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) Analysis, by End Use, 2022 to 2032
Table 67: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2017 to 2021
Table 68: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2022 to 2032
Table 69: South Asia & Oceania Market Value Y-o-Y Growth, 2017 to 2021
Table 70: South Asia & Oceania Market Volume Y-o-Y Growth, 2022 to 2032
Table 71: South Asia & Oceania Market Value Y-o-Y Growth, 2017 to 2021
Table 72: South Asia & Oceania Market Volume Y-o-Y Growth, 2022 to 2032
Table 73: Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2017 to 2021
Table 74: Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2022 to 2032
Table 75: Market Value (US$ Mn) and Volume (Units) Analysis, by Product Type, 2017 to 2021
Table 76: Market Value (US$ Mn) and Volume (Units) Analysis, by Product Type, 2022 to 2032
Table 77: Market Value (US$ Mn) and Volume (Units) Analysis, by End Use, 2017 to 2021
Table 78: Market Value (US$ Mn) and Volume (Units) Analysis, by End Use, 2022 to 2032
Table 79: Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2017 to 2021
Table 80: Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2022 to 2032
Table 81: Market Value Y-o-Y Growth, 2017 to 2021
Table 82: Market Volume Y-o-Y Growth, 2022 to 2032
Table 83: Market Value Y-o-Y Growth, 2017 to 2021
Table 84: Market Volume Y-o-Y Growth, 2022 to 2032
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List Of Figures
Figure 1: Global Market Value (US$ Mn), Volume (Unit) Historical Analysis, 2017 to 2021
Figure 2: Global Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2022 to 2032
Figure 3: Global Market Value Y-o-Y Growth and Forecast, 2017 to 2032
Figure 4: Global Market Incremental $ Opportunity, 2022 to 2032
Figure 5: Global Market Share and BPS Analysis by Product Type, 2022 & 2032
Figure 6: Global Market Y-o-Y Growth Projections by Product Type, 2022 to 2032
Figure 7: Global Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 8: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Centrifugal Pump, 2017 to 2032
Figure 9: Global Market Incremental $ Opportunity by Centrifugal Pump, 2022 to 2032
Figure 10: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Reciprocating Pump, 2017 to 2032
Figure 11: Global Market Incremental $ Opportunity by Reciprocating Pump, 2022 to 2032
Figure 12: Global Market Share and BPS Analysis by End Use, 2022 & 2032
Figure 13: Global Market Y-o-Y Growth Projections by End Use, 2022 to 2032
Figure 14: Global Market Attractiveness Analysis by End Use, 2022 to 2032
Figure 15: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Power Generation, 2017 to 2032
Figure 16: Global Market Incremental $ Opportunity by Power Generation, 2022 to 2032
Figure 17: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Oil & Gas, 2017 to 2032
Figure 18: Global Market Incremental $ Opportunity by Oil & Gas, 2022 to 2032
Figure 19: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Automotive, 2017 to 2032
Figure 20: Global Market Incremental $ Opportunity by Automotive, 2022 to 2032
Figure 21: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Mining, 2017 to 2032
Figure 22: Global Market Incremental $ Opportunity by Mining, 2022 to 2032
Figure 23: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Others, 2017 to 2032
Figure 24: Global Market Incremental $ Opportunity by Others, 2022 to 2032
Figure 25: Global Market Share and BPS Analysis by Application, 2022 & 2032
Figure 26: Global Market Y-o-Y Growth Projections by Application, 2022 to 2032
Figure 27: Global Market Attractiveness Analysis by Application, 2022 to 2032
Figure 28: Global Market Value (US$ Mn), Volume (Unit) and Forecast by LNG, 2017 to 2032
Figure 29: Global Market Incremental $ Opportunity by LNG, 2022 to 2032
Figure 30: Global Market Value (US$ Mn), Volume (Unit) and Forecast by LPG, 2017 to 2032
Figure 31: Global Market Incremental $ Opportunity by LPG, 2022 to 2032
Figure 32: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Industrial Gases, 2017 to 2032
Figure 33: Global Market Incremental $ Opportunity by Snow Industrial Gases, 2022 to 2032
Figure 34: Global Market Share and BPS Analysis by Region, 2022 & 2032
Figure 35: Global Market Y-o-Y Growth Projections by Region, 2022 to 2032
Figure 36: Global Market Attractiveness Index by Region, 2022 to 2032
Figure 37: North America Market Value (US$ Mn), Volume (Unit) Historical Analysis, 2017 to 2021
Figure 38: North America Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2022 to 2032
Figure 39: North America Market Share Analysis by Country, 2022 & 2032
Figure 40: North America Market Y-o-Y Growth Projection by Country, 2022 to 2032
Figure 41: North America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 42: North America Market Share Analysis by Product Type, 2022 & 2032
Figure 43: North America Market Y-o-Y Growth Projection by Product Type, 2022 to 2032
Figure 44: North America Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 45: North America Market Share Analysis by End Use, 2022 & 2032
Figure 46: North America Market Y-o-Y Growth Projection by End Use, 2022 to 2032
Figure 47: North America Market Attractiveness Analysis by End Use, 2022 to 2032
Figure 48: North America Market Share Analysis by Application, 2022 & 2032
Figure 49: North America Market Y-o-Y Growth Projection by Application, 2022 to 2032
Figure 50: North America Market Attractiveness Analysis by Application, 2022 to 2032
Figure 51: Latin America Market Value (US$ Mn), Volume (Unit) Historical Analysis, 2017 to 2021
Figure 52: Latin America Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2022 to 2032
Figure 53: Latin America Market Share Analysis by Country, 2022 & 2032
Figure 54: Latin America Market Y-o-Y Growth Projection by Country, 2022 to 2032
Figure 55: Latin America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 56: Latin America Market Share Analysis by Product Type, 2022 & 2032
Figure 57: Latin America Market Y-o-Y Growth Projection by Product Type, 2022 to 2032
Figure 58: Latin America Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 59: Latin America Market Share Analysis by End Use, 2022 & 2032
Figure 60: Latin America Market Y-o-Y Growth Projection by End Use, 2022 to 2032
Figure 61: Latin America Market Attractiveness Analysis by End Use, 2022 to 2032
Figure 62: Latin America Market Share Analysis by Application, 2022 & 2032
Figure 63: Latin America Market Y-o-Y Growth Projection by Application, 2022 to 2032
Figure 64: Latin America Market Attractiveness Analysis by Application, 2022 to 2032
Figure 65: Europe Market Value (US$ Mn), Volume (Unit) Historical Analysis, 2017 to 2021
Figure 66: Europe Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2022 to 2032
Figure 67: Europe Market Share Analysis by Country, 2022 & 2032
Figure 68: Europe Market Y-o-Y Growth Projection by Country, 2022 to 2032
Figure 69: Europe Market Attractiveness Analysis by Country, 2022 to 2032
Figure 70: Europe Market Share Analysis by Product Type, 2022 & 2032
Figure 71: Europe Market Y-o-Y Growth Projection by Product Type, 2022 to 2032
Figure 72: Europe Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 73: Europe Market Share Analysis by End Use, 2022 & 2032
Figure 74: Europe Market Y-o-Y Growth Projection by End Use, 2022 to 2032
Figure 75: Europe Market Attractiveness Analysis by End Use, 2022 to 2032
Figure 76: Europe Market Share Analysis by Application, 2022 & 2032
Figure 77: Europe Market Y-o-Y Growth Projection by Application, 2022 to 2032
Figure 78: Europe Market Attractiveness Analysis by Application, 2022 to 2032
Figure 79: East Asia Market Value (US$ Mn), Volume (Unit) Historical Analysis, 2017 to 2021
Figure 80: East Asia Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2022 to 2032
Figure 81: East Asia Market Share Analysis by Country, 2022 & 2032
Figure 82: East Asia Market Y-o-Y Growth Projection by Country, 2022 to 2032
Figure 83: East Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 84: East Asia Market Share Analysis by Product Type, 2022 & 2032
Figure 85: East Asia Market Y-o-Y Growth Projection by Product Type, 2022 to 2032
Figure 86: East Asia Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 87: East Asia Market Share Analysis by End Use, 2022 & 2032
Figure 88: East Asia Market Y-o-Y Growth Projection by End Use, 2022 to 2032
Figure 89: East Asia Market Attractiveness Analysis by End Use, 2022 to 2032
Figure 90: East Asia Market Share Analysis by Application, 2022 & 2032
Figure 91: East Asia Market Y-o-Y Growth Projection by Application, 2022 to 2032
Figure 92: East Asia Market Attractiveness Analysis by Application, 2022 to 2032
Figure 93: South Asia & Oceania Market Value (US$ Mn), Volume (Unit) Historical Analysis, 2017 to 2021
Figure 94: South Asia & Oceania Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2022 to 2032
Figure 95: South Asia & Oceania Market Share Analysis by Country, 2022 & 2032
Figure 96: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2022 to 2032
Figure 97: South Asia & Oceania Market Attractiveness Analysis by Country, 2022 to 2032
Figure 98: South Asia & Oceania Market Share Analysis by Product Type, 2022 & 2032
Figure 99: South Asia & Oceania Market Y-o-Y Growth Projection by Product Type, 2022 to 2032
Figure 100: South Asia & Oceania Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 101: South Asia & Oceania Market Share Analysis by End Use, 2022 & 2032
Figure 102: South Asia & Oceania Market Y-o-Y Growth Projection by End Use, 2022 to 2032
Figure 103: South Asia & Oceania Market Attractiveness Analysis by End Use, 2022 to 2032
Figure 104: South Asia & Oceania Market Share Analysis by Application, 2022 & 2032
Figure 105: South Asia & Oceania Market Y-o-Y Growth Projection by Application, 2022 to 2032
Figure 106: South Asia & Oceania Market Attractiveness Analysis by Application, 2022 to 2032
Figure 107: MEA Market Value (US$ Mn), Volume (Unit) Historical Analysis, 2017 to 2021
Figure 108: MEA Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2022 to 2032
Figure 109: MEA Market Share Analysis by Country, 2022 & 2032
Figure 110: MEA Market Y-o-Y Growth Projection by Country, 2022 to 2032
Figure 111: MEA Market Attractiveness Analysis by Country, 2022 to 2032
Figure 112: MEA Market Share Analysis by Product Type, 2022 & 2032
Figure 113: MEA Market Y-o-Y Growth Projection by Product Type, 2022 to 2032
Figure 114: MEA Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 115: MEA Market Share Analysis by End Use, 2022 & 2032
Figure 116: MEA Market Y-o-Y Growth Projection by End Use, 2022 to 2032
Figure 117: MEA Market Attractiveness Analysis by End Use, 2022 to 2032
Figure 118: MEA Market Share Analysis by Application, 2022 & 2032
Figure 119: MEA Market Y-o-Y Growth Projection by Application, 2022 to 2032
Figure 120: MEA Market Attractiveness Analysis by Application, 2022 to 2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How much is the cryogenic submerged motor pumps industry worth?
As of 2022, the market for cryogenic submerged motor pumps will reach US$ 1,762.4 Mn
At what rate will the cryogenic submerged motor pumps industry grow from 2022-2032?
The cryogenic submerged motor pumps industry is expected to surpass a CAGR of 3.5% from 2022 to 2032.
How much is the cryogenic submerged motor pumps market like to be valued by 2032?
The cryogenic submerged motor pumps market is expected to reach nearly US$ 2,476.8 Mn by 2032
What are the key trends driving cryogenic submerged motor pumps sales?
Increase in gas based energy plants and dependence on gas transportation are the key trends driving cryogenic submerged motor pumps sales.
Who are the prominent cryogenic submerged motor pumps market players?
Ebara Corporation, Vanzetti Engineering, Hunan Neptune Pump Co., Ltd., Shinko IND., Ltd., Cryostar, CYY Energy, HuzhouBrightwayCryogenic Equipment Co., Ltd, and Beijing Long March Tianmin Hi-Tech Co., Ltd are prominent cryogenic submerged motor pumps mark
Which type of end user is expected to hold the highest share for sales?
Oil and Gas is expected to register a CAGR of 3.1% for cryogenic submerged motor pumps market.
Which type of application is expected to hold the highest share for sales?
LNG is expected to register a CAGR of 3.8% for cryogenic submerged motor pumps market.
How much is the Europe cryogenic submerged motor pumps industry worth?
The cryogenic submerged motor pumps industry is expected to register a CAGR of 2.7% throughout Europe.
How much is the Asia Pacific cryogenic submerged motor pumps industry worth?
The cryogenic submerged motor pumps industry is expected to possess nearly 40% market share throughout Asia Pacific.
Cryogenic Submerged Motor Pumps Market