This article is based on a GCiS multi-client report: China Submersible Pumps Market Research Report.
China's submersible pumps industry is seeing strong domestic support from the municipal, construction and mining sectors. With ongoing commercial and residential development in addition to the modernization of tier 2 and 3 cities, municipal purchases especially are driving the industry. The market is fairly concentrated and competition is strong, especially in the low end of the market. High quality foreign imports represent around 5% of the market, while exports count for around 25%. Top quality products are seeing threats from illegal counterfiets, protection of IP still seen as a significant problem for foreign players to overcome.