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    Submersible Pumps Market

    ID: 843
    190 Pages
    Research Team
    10/2020

    Submersible Pumps Market Research Report Information By Well Type (Bore Well and Open Well), By Operation (Multi-Stage, and Single Stage), By Power Rating (High Power, Medium Power, and Low Power), By Industry (Water & Wastewater, Oil & Gas, Agriculture & Irrigation, Construction, Mining, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Marke...

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    Market Summary

    Research Methodology on Submersible Pump Market


    Introduction


    The research aims to provide an in-depth analysis of the global submersible pumps market by analyzing the past and current market trends observed across various regions. The various factors contributing to the growth of the market are also noted. The report also provides resourceful data on the estimated production, demand and supply trends, pricing, and market growth strategies.


    Research Objectives



    • To analyze the global submersible pump market based on type, application, region, and price.

    • To assess the impact of market drivers and trends on the global submersible pumps market.

    • To define the primary industry opportunities for stakeholders in the global submersible pump market.

    • To evaluate the current market size in terms of production, demand and supply, and pricing.

    • To gain insights into the regulatory framework that governs the global submersible pump market.


    Research Methodology


    This research extensively uses both primary and secondary methods for data collection and analysis. The primary sources include surveys, interviews, and reports from regional manufacturers, distributors and experts in the submersible pumps industry. The secondary sources include published books, white papers, industry reports and reviews, financial reports, subscription databases, and press releases.


    Research approach


    The research approach adopted for this study includes a systematic and comprehensive analysis of both qualitative and quantitative aspects of the global submersible pump market. The quantitative approach involves detailed data analysis using statistical methods, while the qualitative approach involves surveys, interviews and reports from regional distributors, manufacturers, and industry experts.


    Data Collection


    The data collection involves collecting data from both primary and secondary sources. To ensure accuracy and reliability, the data is validated using market triangulation. This method is used to ensure that the obtained data is consistent across multiple sources. The primary sources include interviews and surveys with regional manufacturers, distributors, and industry experts, while the secondary sources include published books, white papers, industry reports, financial reports, subscription databases, and press releases.


    Data Analysis


    The data collected is analyzed using qualitative and quantitative statistical methods. The quantitative analysis involves the computation of market size and market share across different verticals, regions, types, and applications. The qualitative analysis involves market segmentation, market dynamics, and market trends, as well as their impact on the growth of the global submersible pumps market.


    Conclusion


    This research offers a comprehensive analysis of the global submersible pump market. The report provides an in-depth assessment of the market drivers, trends and key industry opportunities, as well as an accurate estimation of the production, demand, supply, and pricing trends. The report is a useful resource for stakeholders seeking to invest in the submersible pump industry.

    Market Size & Forecast

    Attribute/Metric Details
    Market Size 2021 USD 14.2 billion
    Market Size 2022 USD 15.23 billion
    Market Size 2030 USD 24.80 billion
    Compound Annual Growth Rate (CAGR) 7.22% (2024-2030)
    Base Year 2023
    Market Forecast Period 2024-2030
    Historical Data 2018 & 2020
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Industry, Well Type, Operation, Power Rating and Region
    Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
    Countries Covered The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Xylem (US),KSB Group (Germany),Flowserve Corporation (US),EBARA CORPORATION (Japan),Tsurumi Manufacturing Co. Ltd. (Japan),The Gorman-Rupp Company (US),Atlas Copco AB (Sweden),The Weir Group PLC (UK),Sulzer Ltd. (Switzerland), among others
    Key Market Opportunities Upgradation of aging and construction of new water & wastewater treatment facilities
    Key Market Dynamics Increasing demand for hydrocarbon products Growing investments in the construction submersible pumps

    Major Players

    Submersible Pumps Market Segmentation

    Submersible Pumps Industry Outlook (USD Billion, 2018-2030)

    • Water & Wastewater

    • Oil & Gas

    • Agriculture & Irrigation

    • Construction

    • Mining

    • Others

    Submersible Pumps Power Rating Outlook (USD Billion, 2018-2030)

    • High Power

    • Medium Power

    • Low Power

    Submersible Pumps Well Type Outlook (USD Billion, 2018-2030)

    • Bore Well

    • Open Well

    Submersible Pumps Operation Outlook (USD Billion, 2018-2030)

    • Multi Stage

    • Single Stage

    Submersible Pumps Regional Outlook (USD Billion, 2018-2030)

    • North America Outlook (USD Billion, 2018-2030)

      • North America Submersible Pumps by Industry

        • Water & Wastewater

        • Oil & Gas

        • Agriculture & Irrigation

        • Construction

        • Mining

        • Others

      • North America Submersible Pumps by Power Rating

        • High Power

        • Medium Power

        • Low Power

      • North America Submersible Pumps by Well Type

        • Bore Well

        • Open Well

      • North America Submersible Pumps by Operation

        • Multi Stage

        • Single Stage

      • US Outlook (USD Billion, 2018-2030)

      • US Submersible Pumps by Industry

        • Water & Wastewater

        • Oil & Gas

        • Agriculture & Irrigation

        • Construction

        • Mining

        • Others

      • US Submersible Pumps by Power Rating

        • High Power

        • Medium Power

        • Low Power

      • US Submersible Pumps by Well Type

        • Bore Well

        • Open Well

      • US Submersible Pumps by Operation

        • Multi Stage

        • Single Stage

      • CANADA Outlook (USD Billion, 2018-2030)

      • CANADA Submersible Pumps by Industry

        • Water & Wastewater

        • Oil & Gas

        • Agriculture & Irrigation

        • Construction

        • Mining

        • Others

      • CANADA Submersible Pumps by Power Rating

        • High Power

        • Medium Power

        • Low Power

      • CANADA Submersible Pumps by Well Type

        • Bore Well

        • Open Well

      • CANADA Submersible Pumps by Operation

        • Multi Stage

        • Single Stage

    • Europe Outlook (USD Billion, 2018-2030)

      • Europe Submersible Pumps by Industry

        • Water & Wastewater

        • Oil & Gas

        • Agriculture & Irrigation

        • Construction

        • Mining

        • Others

      • Europe Submersible Pumps by Power Rating

        • High Power

        • Medium Power

        • Low Power

      • Europe Submersible Pumps by Well Type

        • Bore Well

        • Open Well

      • Europe Submersible Pumps by Operation

        • Multi Stage

        • Single Stage

      • Germany Outlook (USD Billion, 2018-2030)

      • Germany Submersible Pumps by Industry

        • Water & Wastewater

        • Oil & Gas

        • Agriculture & Irrigation

        • Construction

        • Mining

        • Others

      • Germany Submersible Pumps by Power Rating

        • High Power

        • Medium Power

        • Low Power

      • Germany Submersible Pumps by Well Type

        • Bore Well

        • Open Well

      • Germany Submersible Pumps by Operation

        • Multi Stage

        • Single Stage

      • France Outlook (USD Billion, 2018-2030)

      • France Submersible Pumps by Industry

        • Water & Wastewater

        • Oil & Gas

        • Agriculture & Irrigation

        • Construction

        • Mining

        • Others

      • France Submersible Pumps by Power Rating

        • High Power

        • Medium Power

        • Low Power

      • France Submersible Pumps by Well Type

        • Bore Well

        • Open Well

      • France Submersible Pumps by Operation

        • Multi Stage

        • Single Stage

      • UK Outlook (USD Billion, 2018-2030)

      • UK Submersible Pumps by Industry

        • Water & Wastewater

        • Oil & Gas

        • Agriculture & Irrigation

        • Construction

        • Mining

        • Others

      • UK Submersible Pumps by Power Rating

        • High Power

        • Medium Power

        • Low Power

      • UK Submersible Pumps by Well Type

        • Bore Well

        • Open Well

      • UK Submersible Pumps by Operation

        • Multi Stage

        • Single Stage

      • ITALY Outlook (USD Billion, 2018-2030)

      • ITALY Submersible Pumps by Industry

        • Water & Wastewater

        • Oil & Gas

        • Agriculture & Irrigation

        • Construction

        • Mining

        • Others

      • ITALY Submersible Pumps by Power Rating

        • High Power

        • Medium Power

        • Low Power

      • ITALY Submersible Pumps by Well Type

        • Bore Well

        • Open Well

      • ITALY Submersible Pumps by Operation

        • Multi Stage

        • Single Stage

     

      • SPAIN Outlook (USD Billion, 2018-2030)

      • Spain Submersible Pumps by Industry

        • Water & Wastewater

        • Oil & Gas

        • Agriculture & Irrigation

        • Construction

        • Mining

        • Others

      • Spain Submersible Pumps by Power Rating

        • High Power

        • Medium Power

        • Low Power

      • Spain Submersible Pumps by Well Type

        • Bore Well

        • Open Well

      • Spain Submersible Pumps by Operation

        • Multi Stage

        • Single Stage

      • Rest Of Europe Outlook (USD Billion, 2018-2030)

      • Rest Of Europe Submersible Pumps by Industry

        • Water & Wastewater

        • Oil & Gas

        • Agriculture & Irrigation

        • Construction

        • Mining

        • Others

      • REST OF EUROPE Submersible Pumps by Power Rating

        • High Power

        • Medium Power

        • Low Power

      • REST OF EUROPE Submersible Pumps by Well Type

        • Bore Well

        • Open Well

      • REST OF EUROPE Submersible Pumps by Operation

        • Multi Stage

        • Single Stage

    • Asia-Pacific Outlook (USD Billion, 2018-2030)

      • Asia-Pacific Submersible Pumps by Industry

        • Water & Wastewater

        • Oil & Gas

        • Agriculture & Irrigation

        • Construction

        • Mining

        • Others

      • Asia-Pacific Submersible Pumps by Power Rating

        • High Power

        • Medium Power

        • Low Power

      • Asia-Pacific Submersible Pumps by Well Type

        • Bore Well

        • Open Well

      • Asia-Pacific Submersible Pumps by Operation

        • Multi Stage

        • Single Stage

      • China Outlook (USD Billion, 2018-2030)

      • China Submersible Pumps by Industry

        • Water & Wastewater

        • Oil & Gas

        • Agriculture & Irrigation

        • Construction

        • Mining

        • Others

      • China Submersible Pumps by Power Rating

        • High Power

        • Medium Power

        • Low Power

      • China Submersible Pumps by Well Type

        • Bore Well

        • Open Well

      • China Submersible Pumps by Operation

        • Multi Stage

        • Single Stage

      • Japan Outlook (USD Billion, 2018-2030)

      • Japan Submersible Pumps by Industry

        • Water & Wastewater

        • Oil & Gas

        • Agriculture & Irrigation

        • Construction

        • Mining

        • Others

      • Japan Submersible Pumps by Power Rating

        • High Power

        • Medium Power

        • Low Power

      • Japan Submersible Pumps by Well Type

        • Bore Well

        • Open Well

      • Japan Submersible Pumps by Operation

        • Multi Stage

        • Single Stage

      • India Outlook (USD Billion, 2018-2030)

      • India Submersible Pumps by Industry

        • Water & Wastewater

        • Oil & Gas

        • Agriculture & Irrigation

        • Construction

        • Mining

        • Others

      • India Submersible Pumps by Power Rating

        • High Power

        • Medium Power

        • Low Power

      • India Submersible Pumps by Well Type

        • Bore Well

        • Open Well

      • India Submersible Pumps by Operation

        • Multi Stage

        • Single Stage

      • Australia Outlook (USD Billion, 2018-2030)

      • Australia Submersible Pumps by Industry

        • Water & Wastewater

        • Oil & Gas

        • Agriculture & Irrigation

        • Construction

        • Mining

        • Others

      • Australia Submersible Pumps by Power Rating

        • High Power

        • Medium Power

        • Low Power

      • Australia Submersible Pumps by Well Type

        • Bore Well

        • Open Well

      • Australia Submersible Pumps by Operation

        • Multi Stage

        • Single Stage

      • Rest of Asia-Pacific Outlook (USD Billion, 2018-2030)

      • Rest of Asia-Pacific Submersible Pumps by Industry

        • Water & Wastewater

        • Oil & Gas

        • Agriculture & Irrigation

        • Construction

        • Mining

        • Others

      • Rest of Asia-Pacific Submersible Pumps by Power Rating

        • High Power

        • Medium Power

        • Low Power

      • Rest of Asia-Pacific Submersible Pumps by Well Type

        • Bore Well

        • Open Well

      • Rest of Asia-Pacific Submersible Pumps by Operation

        • Multi Stage

        • Single Stage

    • Rest of the World Outlook (USD Billion, 2018-2030)

      • Rest of the World Submersible Pumps by Industry

        • Water & Wastewater

        • Oil & Gas

        • Agriculture & Irrigation

        • Construction

        • Mining

        • Others

      • Rest of the World Submersible Pumps by Power Rating

        • High Power

        • Medium Power

        • Low Power

      • Rest of the World Submersible Pumps by Well Type

        • Bore Well

        • Open Well

      • Rest of the World Submersible Pumps by Operation

        • Multi Stage

        • Single Stage

     

      • Middle East Outlook (USD Billion, 2018-2030)

      • Middle East Submersible Pumps by Industry

        • Water & Wastewater

        • Oil & Gas

        • Agriculture & Irrigation

        • Construction

        • Mining

        • Others

      • Middle East Submersible Pumps by Power Rating

        • High Power

        • Medium Power

        • Low Power

      • Middle East Submersible Pumps by Well Type

        • Bore Well

        • Open Well

      • Middle East Submersible Pumps by Operation

        • Multi Stage

        • Single Stage

      • Africa Outlook (USD Billion, 2018-2030)

      • Africa Submersible Pumps by Industry

        • Water & Wastewater

        • Oil & Gas

        • Agriculture & Irrigation

        • Construction

        • Mining

        • Others

      • Africa Submersible Pumps by Power Rating

        • High Power

        • Medium Power

        • Low Power

      • Africa Submersible Pumps by Well Type

        • Bore Well

        • Open Well

      • Africa Submersible Pumps by Operation

        • Multi Stage

        • Single Stage

      • Latin America Outlook (USD Billion, 2018-2030)

      • Latin America Submersible Pumps by Industry

        • Water & Wastewater

        • Oil & Gas

        • Agriculture & Irrigation

        • Construction

        • Mining

        • Others

      • Latin America Submersible Pumps by Power Rating

        • High Power

        • Medium Power

        • Low Power

      • Latin America Submersible Pumps by Well Type

        • Bore Well

        • Open Well

      • Latin America Submersible Pumps by Operation

        • Multi Stage

        • Single Stage

    Market Trends

    Global Submersible Pumps Market Overview:

    The submersible pumps market size was valued at USD 14.2 billion in 2021. The submersible pumps industry is projected to grow from USD 15.23 Billion in 2022 to USD 24.80 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.22% during the forecast period (2024-2030). Increasing investments in the construction industry and the construction of new water and wastewater treatment facilities are the key market drivers enhancing the market growth.

    Submersible Pumps Market Overview

    Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

    Submersible Pumps Market Trends

      • Increasing Agriculture activities to boost the market growth

    Investments in the construction industry play a vital role in the growth of and regional economies. Spending on capital projects and infrastructure is expected to grow significantly in the next decade. China, India, Indonesia, and other countries of Asia Pacific are highly investing in infrastructure development. In addition, increasing urbanization in emerging markets is expected to boost investments in major sectors, such as water & wastewater treatment and power, which is consequently expected to drive the growth of t...

    Market Segment Insights

    Smartphone Sensors Smartphone Type Insights

    The Smartphone Sensors market segmentation, based on smartphone type, includes standard smartphone, rugged smartphone, smartwatches, and other wearable. The standard smartphone segment dominated the market, accounting for the maximum market revenue. A smartphone is a mobile phone with a built-in computer and advanced features, such as web browsing and operating system, which are not associated with its counterpart. The rising mobile internet use, rising disposable income in developing countries, and high ownership of premium design smartphones are a few factors that are anticipated to grow smartphone sales. Smartphones are helped by a mobile operating system that offers advanced computing facilities. A smartphone can also work as a digital media player for uploading photos, videos, and music through a single interface.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035
    Get detailed insights about Submersible Pumps Market

    Smartphone Sensors Manufacturer Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Application Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Regional Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035
    Get detailed insights about Smartphone Sensors Market

    Smartphone Sensors Price Insights

    The Smartphone Sensors market segmentation, based on price, includes USD 300 to USD 500, USD 100 to USD 300, above USD 500, and under USD 100. The USD 300 to USD 500 segment dominated the market revenue in the projected period. Most smartphones sold in medium-end devices have a sensor within this range. For instance: Nubia launched a new flagship Android device powered by the latest Snapdragon 8Gen 2CPU. The OEM has also specified that this gadget, which peculiarly seems to go by the name Z50 even though its processor was the z40 Pro, will compete with the Xiaomi 13 and iQOO11 series with cutting-edge LPDDR5X RAM and storage with the most recent UFS 4.0 spec.

    Get more detailed insights about Submersible Pumps Market

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development to expand their product lines, which will help the Smartphone Sensors market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and growing market climate, the Smartphone Sensors industry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Smartphone Sensors industry to benefit clients and increase the market sector. In recent years, the Smartphone Sensors industry has offered manufacturers some of the most significant advantages. Major players in the Smartphone Sensors market, including MS AG (Austria), Broadcom Inc. (US), DYNA IMAGE Corporation (China), Murata Electronics Oy (Finland), NEXT Biometrics Group ASA (Norway), Omron Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan)., and others, are attempting to increase market demand by investing in research and development operations.

    Samsung is dedicated to abiding by local laws and regulations and enforcing a strict code of conduct for all employees. Samsung adheres to a straightforward business tent: to usage its technology and expertise to develop top-notch goods and services that make a more cultured world. Samsung provides a high importance on its people and technologies to do this. For Instance: In January 2023, Samsung Electronics launched its new MICRO LED, Neo QLED, and Samsung OLED product lines, along with lifestyle products and accessories, before CES® 2023.

    Apple Inc. is a multinational American technology business with its main office in Cupertino, California. According to revenue, Apple will be the top technological business in the world in 2022, with US $ 394.3 billion in sales. According to market capitalization, Apple is the largest corporation in the world as of March 2023. For Instance: In September 2022, the iPhone 14 and iPhone 14 Plus, which come in two sizes, 6.1 and 6.7 inches and include a smart design, camera upgrades, and game-changing new safety measures, were introduced by Apple. The iPhone 14 and iPhone 14 Plus have a powerful camera system that incorporates the primary and front TrueDepth cameras, the Ultra Wide camera for uncommon perspectives, and the photonic engine, an enhanced picture pipeline.

    Key Companies in the Smartphone Sensors market include

    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)

    Industry Developments

    • September 2022: Comcast and Samsung Electronics announced their partnership to create 5G Radio Access Network (RAN) technologies to enhance 5G connection for Xfinity Mobile and Comcast Business Mobile users in Comcast service zones. Samsung will provide 5G RAN technology, and Comcast will deploy Citizens Broadband Radio Service (CBRS) and 600 MHz spectrum to provide 5G access to consumer and business users in the US.
    • October 2022: Huawei announced the release of the newest antenna solutions, including the Maxwell platform and the X2 antenna series, for the subsequent 5G antenna innovation stage. The new technologies speed up 5G deployment by improving antenna and setup capabilities.

    Market Segmentation

    Smartphone Type Outlook

    • Standard Smartphone
    • Rugged Smartphone
    • Smartwatches
    • Other Wearable

    Price Outlook

    • USD 300 to USD 500
    • USD 100 to USD 300
    • Above USD 500
    • Under USD 100

    Manufacturer Outlook

    • Apple Inc.
    • Samsung Electronics
    • Huawei Technology
    • Xiaomi Inc.
    • Oppo
    • Sony Corporation
    • HMD Global

    Application Outlook

    • High-Level
    • Mid-Level
    • Low-Level

    Manufacturer Outlook

    North America
    • US
    • Canada
    Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    Asia-Pacific
    • China
    • Japan
    • India
    • Italy
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    Rest of the World
    • Middle East
    • Africa
    • Latin America

    Report Scope

    Attribute/Metric Details
    Market Size 2021 USD 14.2 billion
    Market Size 2022 USD 15.23 billion
    Market Size 2030 USD 24.80 billion
    Compound Annual Growth Rate (CAGR) 7.22% (2024-2030)
    Base Year 2023
    Market Forecast Period 2024-2030
    Historical Data 2018 & 2020
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Industry, Well Type, Operation, Power Rating and Region
    Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
    Countries Covered The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Xylem (US),KSB Group (Germany),Flowserve Corporation (US),EBARA CORPORATION (Japan),Tsurumi Manufacturing Co. Ltd. (Japan),The Gorman-Rupp Company (US),Atlas Copco AB (Sweden),The Weir Group PLC (UK),Sulzer Ltd. (Switzerland), among others
    Key Market Opportunities Upgradation of aging and construction of new water & wastewater treatment facilities
    Key Market Dynamics Increasing demand for hydrocarbon products Growing investments in the construction submersible pumps

    Market Highlights

    Author

    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    Latest Comments

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    This is a great article! Really helped me understand the topic better.

    Posted on July 23, 2025, 10:15 AM
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    Thanks for sharing this. I’ve bookmarked it for later reference.

    Posted on July 22, 2025, 7:45 PM
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    FAQs

    At what CAGR is the global submersible pumps market predicted to grow during the forecast period?

    Global submersible pumps market is predicted to grow at a 5.57% CAGR between 2018-2023.

    What will be the valuation of the global submersible pumps market during the forecast period?

    The submersible pumps market is predicted to reach USD 14,127.2 million by 2023.

    Which region will lead the global submersible pumps market?

    Asia Pacific will lead the global submersible pumps market.

    What are the key factors driving the global submersible pumps market?

    Increase in mining activities and demand for coal are the key factors driving the global submersible pumps market growth.

    Who are the key contenders profiled in the global submersible pumps market?

    Key contenders profiled in the global submersible pumps market include Xylem (U.S.), KSB Group (Germany), Flowserve Corporation (U.S.), EBARA CORPORATION (Japan), Tsurumi Manufacturing Co. Ltd. (Japan), The Gorman-Rupp Company (U.S.), Atlas Copco AB (Sweden), The Weir Group PLC (U.K.), Sulzer Ltd. (Switzerland), and Grundfos (Denmark).

    1. GLOBAL SUBMERSIBLE PUMP MARKET, BY INDUSTRY, 2024-2030 (USD MILLION) 34</span>
    2. GLOBAL SUBMERSIBLE PUMP MARKET, BY WELL TYPE, 2024-2030 (USD MILLION) 37</span>
    3. GLOBAL SUBMERSIBLE PUMP MARKET, BY OPERATION, 2024-2030 (USD MILLION) 39</span>
    4. GLOBAL SUBMERSIBLE PUMP MARKET, BY POWER RATING, 2024-2030 (USD MILLION) 41</span>
    5. GLOBAL SUBMERSIBLE PUMP MARKET, BY REGION, 2024-2030 (USD MILLION) 44</span>
    6. NORTH AMERICA: SUBMERSIBLE PUMP MARKET, BY COUNTRY, 2024-2030 (USD MILLION) 45</span>
    7. NORTH AMERICA: SUBMERSIBLE PUMP MARKET, BY WELL TYPE, 2024-2030 (USD MILLION)
    8. UK: SUBMERSIBLE PUMP MARKET, BY WELL TYPE, 2024-2030 (USD MILLION) 55</span>
    9. UK: SUBMERSIBLE PUMP MARKET, BY OPERATION, 2024-2030 (USD MILLION) 56</span>
    10. UK: SUBMERSIBLE PUMP MARKET, BY POWER RATING, 2024-2030 (USD MILLION) 56</span>
    11. UK: SUBMERSIBLE PUMP MARKET, BY INDUSTRY, 2024-2030 (USD MILLION) 56</span>
    12. FRANCE: SUBMERSIBLE PUMP MARKET, BY WELL TYPE, 2024-2030 (USD MILLION) 57</span>
    13. FRANCE: SUBMERSIBLE PUMP MARKET, BY OPERATION, 2024-2030 (USD MILLION) 57</span>
    14. FRANCE: SUBMERSIBLE PUMP MARKET, BY POWER RATING, 2024-2030 (USD MILLION) 58</span>
    15. FRANCE: SUBMERSIBLE PUMP MARKET, BY INDUSTRY, 2024-2030 (USD MILLION) 58</span>
    16. ITALY: SUBMERSIBLE PUMP MARKET, BY WELL TYPE, 2024-2030 (USD MILLION) 59</span>
    17. ITALY: SUBMERSIBLE PUMP MARKET, BY OPERATION, 2024-2030 (USD MILLION) 59</span>
    18. ITALY: SUBMERSIBLE PUMP MARKET, BY POWER RATING, 2024-2030 (USD MILLION) 59</span>
    19. ITALY: SUBMERSIBLE PUMP MARKET, BY INDUSTRY, 2024-2030 (USD MILLION) 60</span>

    Submersible Pumps Market Segmentation

    Submersible Pumps Industry Outlook (USD Billion, 2018-2030)

    • Water & Wastewater
    • Oil & Gas
    • Agriculture & Irrigation
    • Construction
    • Mining
    • Others

    Submersible Pumps Power Rating Outlook (USD Billion, 2018-2030)

    • High Power
    • Medium Power
    • Low Power

    Submersible Pumps Well Type Outlook (USD Billion, 2018-2030)

    • Bore Well
    • Open Well

    Submersible Pumps Operation Outlook (USD Billion, 2018-2030)

    • Multi Stage
    • Single Stage

    Submersible Pumps Regional Outlook (USD Billion, 2018-2030)

    • North America Outlook (USD Billion, 2018-2030)

      • North America Submersible Pumps by Industry
        • Water & Wastewater
        • Oil & Gas
        • Agriculture & Irrigation
        • Construction
        • Mining
        • Others
      • North America Submersible Pumps by Power Rating
        • High Power
        • Medium Power
        • Low Power
      • North America Submersible Pumps by Well Type
        • Bore Well
        • Open Well
      • North America Submersible Pumps by Operation
        • Multi Stage
        • Single Stage

      • US Outlook (USD Billion, 2018-2030)

      • US Submersible Pumps by Industry
        • Water & Wastewater
        • Oil & Gas
        • Agriculture & Irrigation
        • Construction
        • Mining
        • Others
      • US Submersible Pumps by Power Rating
        • High Power
        • Medium Power
        • Low Power
      • US Submersible Pumps by Well Type
        • Bore Well
        • Open Well
      • US Submersible Pumps by Operation
        • Multi Stage
        • Single Stage

      • CANADA Outlook (USD Billion, 2018-2030)

      • CANADA Submersible Pumps by Industry
        • Water & Wastewater
        • Oil & Gas
        • Agriculture & Irrigation
        • Construction
        • Mining
        • Others
      • CANADA Submersible Pumps by Power Rating
        • High Power
        • Medium Power
        • Low Power
      • CANADA Submersible Pumps by Well Type
        • Bore Well
        • Open Well
      • CANADA Submersible Pumps by Operation
        • Multi Stage
        • Single Stage

    • Europe Outlook (USD Billion, 2018-2030)

      • Europe Submersible Pumps by Industry
        • Water & Wastewater
        • Oil & Gas
        • Agriculture & Irrigation
        • Construction
        • Mining
        • Others
      • Europe Submersible Pumps by Power Rating
        • High Power
        • Medium Power
        • Low Power
      • Europe Submersible Pumps by Well Type
        • Bore Well
        • Open Well
      • Europe Submersible Pumps by Operation
        • Multi Stage
        • Single Stage

      • Germany Outlook (USD Billion, 2018-2030)

      • Germany Submersible Pumps by Industry
        • Water & Wastewater
        • Oil & Gas
        • Agriculture & Irrigation
        • Construction
        • Mining
        • Others
      • Germany Submersible Pumps by Power Rating
        • High Power
        • Medium Power
        • Low Power
      • Germany Submersible Pumps by Well Type
        • Bore Well
        • Open Well
      • Germany Submersible Pumps by Operation
        • Multi Stage
        • Single Stage

      • France Outlook (USD Billion, 2018-2030)

      • France Submersible Pumps by Industry
        • Water & Wastewater
        • Oil & Gas
        • Agriculture & Irrigation
        • Construction
        • Mining
        • Others
      • France Submersible Pumps by Power Rating
        • High Power
        • Medium Power
        • Low Power
      • France Submersible Pumps by Well Type
        • Bore Well
        • Open Well
      • France Submersible Pumps by Operation
        • Multi Stage
        • Single Stage

      • UK Outlook (USD Billion, 2018-2030)

      • UK Submersible Pumps by Industry
        • Water & Wastewater
        • Oil & Gas
        • Agriculture & Irrigation
        • Construction
        • Mining
        • Others
      • UK Submersible Pumps by Power Rating
        • High Power
        • Medium Power
        • Low Power
      • UK Submersible Pumps by Well Type
        • Bore Well
        • Open Well
      • UK Submersible Pumps by Operation
        • Multi Stage
        • Single Stage

      • ITALY Outlook (USD Billion, 2018-2030)

      • ITALY Submersible Pumps by Industry
        • Water & Wastewater
        • Oil & Gas
        • Agriculture & Irrigation
        • Construction
        • Mining
        • Others
      • ITALY Submersible Pumps by Power Rating
        • High Power
        • Medium Power
        • Low Power
      • ITALY Submersible Pumps by Well Type
        • Bore Well
        • Open Well
      • ITALY Submersible Pumps by Operation
        • Multi Stage
        • Single Stage

     

      • SPAIN Outlook (USD Billion, 2018-2030)

      • Spain Submersible Pumps by Industry
        • Water & Wastewater
        • Oil & Gas
        • Agriculture & Irrigation
        • Construction
        • Mining
        • Others
      • Spain Submersible Pumps by Power Rating
        • High Power
        • Medium Power
        • Low Power
      • Spain Submersible Pumps by Well Type
        • Bore Well
        • Open Well
      • Spain Submersible Pumps by Operation
        • Multi Stage
        • Single Stage

      • Rest Of Europe Outlook (USD Billion, 2018-2030)

      • Rest Of Europe Submersible Pumps by Industry
        • Water & Wastewater
        • Oil & Gas
        • Agriculture & Irrigation
        • Construction
        • Mining
        • Others
      • REST OF EUROPE Submersible Pumps by Power Rating
        • High Power
        • Medium Power
        • Low Power
      • REST OF EUROPE Submersible Pumps by Well Type
        • Bore Well
        • Open Well
      • REST OF EUROPE Submersible Pumps by Operation
        • Multi Stage
        • Single Stage

    • Asia-Pacific Outlook (USD Billion, 2018-2030)

      • Asia-Pacific Submersible Pumps by Industry
        • Water & Wastewater
        • Oil & Gas
        • Agriculture & Irrigation
        • Construction
        • Mining
        • Others
      • Asia-Pacific Submersible Pumps by Power Rating
        • High Power
        • Medium Power
        • Low Power
      • Asia-Pacific Submersible Pumps by Well Type
        • Bore Well
        • Open Well
      • Asia-Pacific Submersible Pumps by Operation
        • Multi Stage
        • Single Stage

      • China Outlook (USD Billion, 2018-2030)

      • China Submersible Pumps by Industry
        • Water & Wastewater
        • Oil & Gas
        • Agriculture & Irrigation
        • Construction
        • Mining
        • Others
      • China Submersible Pumps by Power Rating
        • High Power
        • Medium Power
        • Low Power
      • China Submersible Pumps by Well Type
        • Bore Well
        • Open Well
      • China Submersible Pumps by Operation
        • Multi Stage
        • Single Stage

      • Japan Outlook (USD Billion, 2018-2030)

      • Japan Submersible Pumps by Industry
        • Water & Wastewater
        • Oil & Gas
        • Agriculture & Irrigation
        • Construction
        • Mining
        • Others
      • Japan Submersible Pumps by Power Rating
        • High Power
        • Medium Power
        • Low Power
      • Japan Submersible Pumps by Well Type
        • Bore Well
        • Open Well
      • Japan Submersible Pumps by Operation
        • Multi Stage
        • Single Stage

      • India Outlook (USD Billion, 2018-2030)

      • India Submersible Pumps by Industry
        • Water & Wastewater
        • Oil & Gas
        • Agriculture & Irrigation
        • Construction
        • Mining
        • Others
      • India Submersible Pumps by Power Rating
        • High Power
        • Medium Power
        • Low Power
      • India Submersible Pumps by Well Type
        • Bore Well
        • Open Well
      • India Submersible Pumps by Operation
        • Multi Stage
        • Single Stage

      • Australia Outlook (USD Billion, 2018-2030)

      • Australia Submersible Pumps by Industry
        • Water & Wastewater
        • Oil & Gas
        • Agriculture & Irrigation
        • Construction
        • Mining
        • Others
      • Australia Submersible Pumps by Power Rating
        • High Power
        • Medium Power
        • Low Power
      • Australia Submersible Pumps by Well Type
        • Bore Well
        • Open Well
      • Australia Submersible Pumps by Operation
        • Multi Stage
        • Single Stage

      • Rest of Asia-Pacific Outlook (USD Billion, 2018-2030)

      • Rest of Asia-Pacific Submersible Pumps by Industry
        • Water & Wastewater
        • Oil & Gas
        • Agriculture & Irrigation
        • Construction
        • Mining
        • Others
      • Rest of Asia-Pacific Submersible Pumps by Power Rating
        • High Power
        • Medium Power
        • Low Power
      • Rest of Asia-Pacific Submersible Pumps by Well Type
        • Bore Well
        • Open Well
      • Rest of Asia-Pacific Submersible Pumps by Operation
        • Multi Stage
        • Single Stage

    • Rest of the World Outlook (USD Billion, 2018-2030)

      • Rest of the World Submersible Pumps by Industry
        • Water & Wastewater
        • Oil & Gas
        • Agriculture & Irrigation
        • Construction
        • Mining
        • Others
      • Rest of the World Submersible Pumps by Power Rating
        • High Power
        • Medium Power
        • Low Power
      • Rest of the World Submersible Pumps by Well Type
        • Bore Well
        • Open Well
      • Rest of the World Submersible Pumps by Operation
        • Multi Stage
        • Single Stage

     

      • Middle East Outlook (USD Billion, 2018-2030)

      • Middle East Submersible Pumps by Industry
        • Water & Wastewater
        • Oil & Gas
        • Agriculture & Irrigation
        • Construction
        • Mining
        • Others
      • Middle East Submersible Pumps by Power Rating
        • High Power
        • Medium Power
        • Low Power
      • Middle East Submersible Pumps by Well Type
        • Bore Well
        • Open Well
      • Middle East Submersible Pumps by Operation
        • Multi Stage
        • Single Stage

      • Africa Outlook (USD Billion, 2018-2030)

      • Africa Submersible Pumps by Industry
        • Water & Wastewater
        • Oil & Gas
        • Agriculture & Irrigation
        • Construction
        • Mining
        • Others
      • Africa Submersible Pumps by Power Rating
        • High Power
        • Medium Power
        • Low Power
      • Africa Submersible Pumps by Well Type
        • Bore Well
        • Open Well
      • Africa Submersible Pumps by Operation
        • Multi Stage
        • Single Stage

      • Latin America Outlook (USD Billion, 2018-2030)

      • Latin America Submersible Pumps by Industry
        • Water & Wastewater
        • Oil & Gas
        • Agriculture & Irrigation
        • Construction
        • Mining
        • Others
      • Latin America Submersible Pumps by Power Rating
        • High Power
        • Medium Power
        • Low Power
      • Latin America Submersible Pumps by Well Type
        • Bore Well
        • Open Well
      • Latin America Submersible Pumps by Operation
        • Multi Stage
        • Single Stage
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