Industry Analysis & Industry Trends
The Electric Submersible Pump Manufacturing industry got sucked under for a bit during the recession, but managed to make its way back out, maintaining positive revenue growth since 2011. As oil exploration continues and transportation levels rise, the need for industry services will continue increasing. However, a threat to the industry looms as more technologies compete with oil use.... purchase to read more
Industry Report - Industry Locations Chapter
In general, establishments in the Electric Submersible Pump Manufacturing industry try to set up shop near downstream manufacturing industries. This strategy helps reduce the time between order placement and order fulfillment. It also encourages downstream producers to form long-term supply contracts that ensure a steady flow of pumps for their subsequent operations. As such, industry activity is concentrated in the Southeast, Southwest and Great Lakes regions of the United States.
Southeast and Southwest
The Southeast and Southwest regions hold the largest percentage of industry establishments due to the concentration of oil producers in those regions... purchase to read more