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FMI Study Indicates Global Vertical Immersion Pumps Market Share to Exceed USD 6,050.8 Million by 2033, Surging at 3.7% CAGR – FMIBlog

Summary by FMIBlog
The global vertical immersion pumps market is on a robust growth trajectory, with projections indicating a CAGR of 4.8% over the period from 2023 to 2033. In 2023, the market size was valued at USD 3,786.2 million, and by 2033, it is expected to surge to USD 6,050.8 million, driven by increasing industrial demand, technological advancements, and the rising focus on energy-efficient solutions. The vertical immersion pumps market is closely tied t…
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FMIBlog broke the news in on Tuesday, February 18, 2025.
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