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Global Submersible Pumps Market Size Study, by Well Type (Bore Well, Open Well), by Operation (Multi-Stage, Single Stage), by Power Rating (High Power, Medium Power, Low Power), by Industry (Water & Wastewater, Oil & Gas, Agriculture & Irrigation, Constru

Publisher Bizwit Research & Consulting
Published Jan 06, 2025
Length 285 Pages
SKU # BIZW19481617

Description

Global Submersible Pumps Market Size Study, by Well Type (Bore Well, Open Well), by Operation (Multi-Stage, Single Stage), by Power Rating (High Power, Medium Power, Low Power), by Industry (Water & Wastewater, Oil & Gas, Agriculture & Irrigation, Construction, Mining, Others), and Regional Forecasts 2022-2032


The Global Submersible Pumps Market is valued at approximately USD 16.33 billion in 2023 and is expected to expand at an impressive compound annual growth rate (CAGR) of 7.22% over the forecast period 2024-2032. Submersible pumps, designed to operate underwater, have revolutionized fluid extraction in various industries. Known for their efficiency, reliability, and ability to prevent cavitation, these pumps are indispensable across sectors such as water management, oil and gas exploration, and agriculture. The rising demand for energy-efficient pumping solutions and rapid urbanization globally are driving the market, ensuring submersible pumps remain pivotal in modern industrial and infrastructural applications.

The increasing focus on sustainable water management practices and the surging adoption of submersible pumps in irrigation underscore their growing importance in agriculture. Meanwhile, the oil and gas sector leverages these pumps for dewatering and fluid transfer in challenging environments, highlighting their versatility. Innovations in power ratings and multi-stage operations have further enhanced the pumps' adaptability to diverse applications. However, challenges like high initial investment costs and the need for skilled maintenance may pose constraints. Nevertheless, ongoing advancements in pump technology and government initiatives promoting sustainable water solutions are expected to mitigate these issues.

Regionally, Asia-Pacific dominates the market due to rapid industrialization, robust agricultural activities, and urban expansion in nations like India and China. North America and Europe also hold substantial shares, driven by the demand for energy-efficient infrastructure and advancements in oil and gas exploration technologies. Latin America, the Middle East, and Africa are poised for significant growth, propelled by increasing investments in water and wastewater management systems and the development of energy infrastructure.

Major market players included in this report are:
• Grundfos
• Xylem Inc.
• Sulzer Ltd.
• Ebara Corporation
• Flowserve Corporation
• KSB Group
• Wilo SE
• Franklin Electric Co., Inc.
• The Weir Group PLC
• Kirloskar Brothers Limited
• Atlas Copco AB
• Tsurumi Manufacturing Co., Ltd.
• Halliburton Company
• Schlumberger Limited
• Baker Hughes Company

The detailed segments and sub-segment of the market are explained below:

By Well Type:
• Bore Well
• Open Well

By Operation:
• Multi-Stage
• Single Stage

By Power Rating:
• High Power
• Medium Power
• Low Power

By Industry:
• Water & Wastewater
• Oil & Gas
• Agriculture & Irrigation
• Construction
• Mining
• Others

By Region:

North America:
• U.S.
• Canada

Europe:
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific:
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America:
• Brazil
• Mexico

Middle East & Africa:
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Years considered for the study are as follows:
• Historical Year: 2022
• Base Year: 2023
• Forecast Period: 2024 to 2032

________________________________________

Key Takeaways:
• The report provides comprehensive market forecasts for a 10-year period (2022-2032).
• Regional insights with country-level analyses for key markets.
• Competitive landscape analysis featuring strategies of major industry players.
• Evaluation of supply-demand dynamics and their influence on market growth.
• Strategic recommendations for stakeholders to capitalize on emerging opportunities.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Table of Contents

285 Pages
Chapter 1. Global Submersible Pumps Market Executive Summary
1.1. Global Submersible Pumps Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
 1.3.1. By Well Type
 1.3.2. By Operation
 1.3.3. By Power Rating
 1.3.4. By Industry
 1.3.5. By Region
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Submersible Pumps Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
 2.3.1. Inclusion & Exclusion
 2.3.2. Limitations
 2.3.3. Supply Side Analysis
  2.3.3.1. Availability
  2.3.3.2. Infrastructure
  2.3.3.3. Regulatory Environment
  2.3.3.4. Market Competition
  2.3.3.5. Economic Viability (Consumer’s Perspective)
 2.3.4. Demand Side Analysis
  2.3.4.1. Regulatory Frameworks
  2.3.4.2. Technological Advancements
  2.3.4.3. Environmental Considerations
  2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Submersible Pumps Market Dynamics
3.1. Market Drivers
 3.1.1. Increasing Demand for Energy-Efficient Pumping Solutions
 3.1.2. Rapid Urbanization and Industrialization
 3.1.3. Advancements in Pump Technology
3.2. Market Challenges
 3.2.1. High Initial Investment Costs
 3.2.2. Need for Skilled Maintenance
3.3. Market Opportunities
 3.3.1. Government Initiatives Promoting Sustainable Water Solutions
 3.3.2. Expansion into Emerging Markets
 3.3.3. Innovations in Multi-Stage Pump Operations
Chapter 4. Global Submersible Pumps Market Industry Analysis
4.1. Porter’s 5 Force Model
 4.1.1. Bargaining Power of Suppliers
 4.1.2. Bargaining Power of Buyers
 4.1.3. Threat of New Entrants
 4.1.4. Threat of Substitutes
 4.1.5. Competitive Rivalry
 4.1.6. Futuristic Approach to Porter’s 5 Force Model
 4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
 4.2.1. Political
 4.2.2. Economical
 4.2.3. Social
 4.2.4. Technological
 4.2.5. Environmental
 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Submersible Pumps Market Size & Forecasts by Well Type 2022-2032
5.1. Segment Dashboard
5.2. Global Submersible Pumps Market: Well Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
 5.2.1. Bore Well
 5.2.2. Open Well
Chapter 6. Global Submersible Pumps Market Size & Forecasts by Operation 2022-2032
6.1. Segment Dashboard
6.2. Global Submersible Pumps Market: Operation Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
 6.2.1. Multi-Stage
 6.2.2. Single Stage
Chapter 7. Global Submersible Pumps Market Size & Forecasts by Power Rating 2022-2032
7.1. Segment Dashboard
7.2. Global Submersible Pumps Market: Power Rating Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
 7.2.1. High Power
 7.2.2. Medium Power
 7.2.3. Low Power
Chapter 8. Global Submersible Pumps Market Size & Forecasts by Industry 2022-2032
8.1. Segment Dashboard
8.2. Global Submersible Pumps Market: Industry Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
 8.2.1. Water & Wastewater
 8.2.2. Oil & Gas
 8.2.3. Agriculture & Irrigation
 8.2.4. Construction
 8.2.5. Mining
 8.2.6. Others
Chapter 9. Global Submersible Pumps Market Size & Forecasts by Region 2022-2032
9.1. North America Submersible Pumps Market
 9.1.1. U.S. Submersible Pumps Market
  9.1.1.1. Well Type Breakdown Size & Forecasts, 2022-2032
  9.1.1.2. Operation Breakdown Size & Forecasts, 2022-2032
  9.1.1.3. Power Rating Breakdown Size & Forecasts, 2022-2032
  9.1.1.4. Industry Breakdown Size & Forecasts, 2022-2032
  9.1.1.5. Sterilization Method Breakdown Size & Forecasts, 2022-2032
 9.1.2. Canada Submersible Pumps Market
  9.1.2.1. Well Type Breakdown Size & Forecasts, 2022-2032
  9.1.2.2. Operation Breakdown Size & Forecasts, 2022-2032
  9.1.2.3. Power Rating Breakdown Size & Forecasts, 2022-2032
  9.1.2.4. Industry Breakdown Size & Forecasts, 2022-2032
  9.1.2.5. Sterilization Method Breakdown Size & Forecasts, 2022-2032
9.2. Europe Submersible Pumps Market
 9.2.1. UK Submersible Pumps Market
 9.2.2. Germany Submersible Pumps Market
 9.2.3. France Submersible Pumps Market
 9.2.4. Spain Submersible Pumps Market
 9.2.5. Italy Submersible Pumps Market
 9.2.6. Rest of Europe Submersible Pumps Market
9.3. Asia-Pacific Submersible Pumps Market
 9.3.1. China Submersible Pumps Market
 9.3.2. India Submersible Pumps Market
 9.3.3. Japan Submersible Pumps Market
 9.3.4. Australia Submersible Pumps Market
 9.3.5. South Korea Submersible Pumps Market
 9.3.6. Rest of Asia-Pacific Submersible Pumps Market
9.4. Latin America Submersible Pumps Market
 9.4.1. Brazil Submersible Pumps Market
 9.4.2. Mexico Submersible Pumps Market
 9.4.3. Rest of Latin America Submersible Pumps Market
9.5. Middle East & Africa Submersible Pumps Market
 9.5.1. Saudi Arabia Submersible Pumps Market
 9.5.2. South Africa Submersible Pumps Market
 9.5.3. Rest of Middle East & Africa Submersible Pumps Market
Chapter 10. Competitive Intelligence
10.1. Key Company SWOT Analysis
 10.1.1. Grundfos
 10.1.2. Xylem Inc.
 10.1.3. Sulzer Ltd.
10.2. Top Market Strategies
10.3. Company Profiles
 10.3.1. Grundfos
  10.3.1.1. Key Information
  10.3.1.2. Overview
  10.3.1.3. Financial (Subject to Data Availability)
  10.3.1.4. Product Summary
  10.3.1.5. Market Strategies
 10.3.2. Xylem Inc.
 10.3.3. Sulzer Ltd.
 10.3.4. Ebara Corporation
 10.3.5. Flowserve Corporation
 10.3.6. KSB Group
 10.3.7. Wilo SE
 10.3.8. Franklin Electric Co., Inc.
 10.3.9. The Weir Group PLC
 10.3.10. Kirloskar Brothers Limited
 10.3.11. Atlas Copco AB
 10.3.12. Tsurumi Manufacturing Co., Ltd.
 10.3.13. Halliburton Company
 10.3.14. Schlumberger Limited
 10.3.15. Baker Hughes Company
Chapter 11. Research Process
11.1. Research Process
 11.1.1. Data Mining
 11.1.2. Analysis
 11.1.3. Market Estimation
 11.1.4. Validation
 11.1.5. Publishing
11.2. Research Attributes
List of Tables
TABLE 1. Global Submersible Pumps Market, Report Scope
TABLE 2. Global Submersible Pumps Market Estimates & Forecasts by Region 2022-2032 (USD Million/Billion)
TABLE 3. Global Submersible Pumps Market Estimates & Forecasts by Well Type 2022-2032 (USD Million/Billion)
TABLE 4. Global Submersible Pumps Market Estimates & Forecasts by Operation 2022-2032 (USD Million/Billion)
TABLE 5. Global Submersible Pumps Market Estimates & Forecasts by Power Rating 2022-2032 (USD Million/Billion)
TABLE 6. Global Submersible Pumps Market Estimates & Forecasts by Industry 2022-2032 (USD Million/Billion)
TABLE 7. Global Submersible Pumps Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 8. Global Submersible Pumps Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 9. Global Submersible Pumps Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 10. Global Submersible Pumps Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 11. Global Submersible Pumps Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 12. Global Submersible Pumps Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 13. Global Submersible Pumps Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 14. Global Submersible Pumps Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 15. U.S. Submersible Pumps Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 16. U.S. Submersible Pumps Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
TABLE 17. U.S. Submersible Pumps Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
TABLE 18. Canada Submersible Pumps Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 19. Canada Submersible Pumps Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
TABLE 20. Canada Submersible Pumps Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
…
This list is not complete, final report does contain more than 100 tables. The list may be updated in the final deliverable.
List of Figures
FIG 1. Global Submersible Pumps Market, Research Methodology
FIG 2. Global Submersible Pumps Market, Market Estimation Techniques
FIG 3. Global Market Size Estimates & Forecast Methods
FIG 4. Global Submersible Pumps Market, Key Trends 2023
FIG 5. Global Submersible Pumps Market, Growth Prospects 2022-2032
FIG 6. Global Submersible Pumps Market, Porter’s 5 Force Model
FIG 7. Global Submersible Pumps Market, PESTEL Analysis
FIG 8. Global Submersible Pumps Market, Value Chain Analysis
FIG 9. Global Submersible Pumps Market by Segment, 2022 & 2032 (USD Million/Billion)
FIG 10. Global Submersible Pumps Market by Segment, 2022 & 2032 (USD Million/Billion)
FIG 11. Global Submersible Pumps Market by Segment, 2022 & 2032 (USD Million/Billion)
FIG 12. Global Submersible Pumps Market by Segment, 2022 & 2032 (USD Million/Billion)
FIG 13. Global Submersible Pumps Market by Segment, 2022 & 2032 (USD Million/Billion)
FIG 14. Global Submersible Pumps Market, Regional Snapshot 2022 & 2032
FIG 15. North America Submersible Pumps Market 2022 & 2032 (USD Million/Billion)
FIG 16. Europe Submersible Pumps Market 2022 & 2032 (USD Million/Billion)
FIG 17. Asia-Pacific Submersible Pumps Market 2022 & 2032 (USD Million/Billion)
FIG 18. Latin America Submersible Pumps Market 2022 & 2032 (USD Million/Billion)
FIG 19. Middle East & Africa Submersible Pumps Market 2022 & 2032 (USD Million/Billion)
FIG 20. Global Submersible Pumps Market, Company Market Share Analysis (2023)
…
This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable.

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