Electric Submersible Pump Market to Reach $19.7 Billion Globally, by 2033 at 6.5% CAGR: Allied Market Research

An electric submersible pump (ESP) is a type of pump that is designed to be completely submerged in the fluid it is pumping. It consists of a multi-stage centrifugal pump coupled with an electric motor, which is typically sealed in a single unit to operate underwater or in fluid-filled…