Global Electric Submersible Pump Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Electric Submersible Pump market size will reach 4,087.08 Million USD in 2025 and is projected to reach 7,433.04 Million USD by 2032, with a CAGR of 8.92% (2025-2032). Notably, the China Electric Submersible Pump market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
An electric submersible pump is a specialized piece of equipment designed for the efficient lifting and transportation of liquids, typically water or oil, from deep wells, boreholes, or other submerged sources. This pump is entirely submerged in the fluid it＇s meant to pump, with an electric motor and impeller housed in a watertight enclosure. When activated, the electric motor spins the impeller, creating a flow of liquid that is forced to the surface through a discharge pipe. Electric submersible pumps are widely used in applications like groundwater extraction, oil drilling, and wastewater management due to their effectiveness, reliability, and ability to handle high volumes of liquid from significant depths.
The major global manufacturers of Electric Submersible Pump include Schlumberger, Borets Company, General Electric, Halliburton, GE (Baker Hughes), Canadian Advanced ESP, Lvpai, Lishen Pump, Shengli Pump, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Electric Submersible Pump. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Electric Submersible Pump market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Electric Submersible Pump market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Electric Submersible Pump industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Electric Submersible Pump Include:
Schlumberger
Borets Company
General Electric
Halliburton
GE (Baker Hughes)
Canadian Advanced ESP
Lvpai
Lishen Pump
Shengli Pump
Electric Submersible Pump Product Segment Include:
Low Temperature ESP
High Temperature ESP
Electric Submersible Pump Product Application Include:
Onshore
Offshore
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Electric Submersible Pump Industry PESTEL Analysis
Chapter 3: Global Electric Submersible Pump Industry Porter's Five Forces Analysis
Chapter 4: Global Electric Submersible Pump Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Electric Submersible Pump Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Electric Submersible Pump Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, Electric Submersible Pump Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global Electric Submersible Pump market size will reach 4,087.08 Million USD in 2025 and is projected to reach 7,433.04 Million USD by 2032, with a CAGR of 8.92% (2025-2032). Notably, the China Electric Submersible Pump market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
An electric submersible pump is a specialized piece of equipment designed for the efficient lifting and transportation of liquids, typically water or oil, from deep wells, boreholes, or other submerged sources. This pump is entirely submerged in the fluid it＇s meant to pump, with an electric motor and impeller housed in a watertight enclosure. When activated, the electric motor spins the impeller, creating a flow of liquid that is forced to the surface through a discharge pipe. Electric submersible pumps are widely used in applications like groundwater extraction, oil drilling, and wastewater management due to their effectiveness, reliability, and ability to handle high volumes of liquid from significant depths.
The major global manufacturers of Electric Submersible Pump include Schlumberger, Borets Company, General Electric, Halliburton, GE (Baker Hughes), Canadian Advanced ESP, Lvpai, Lishen Pump, Shengli Pump, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Electric Submersible Pump. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Electric Submersible Pump market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Electric Submersible Pump market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Electric Submersible Pump industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Electric Submersible Pump Include:
Schlumberger
Borets Company
General Electric
Halliburton
GE (Baker Hughes)
Canadian Advanced ESP
Lvpai
Lishen Pump
Shengli Pump
Electric Submersible Pump Product Segment Include:
Low Temperature ESP
High Temperature ESP
Electric Submersible Pump Product Application Include:
Onshore
Offshore
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Electric Submersible Pump Industry PESTEL Analysis
Chapter 3: Global Electric Submersible Pump Industry Porter's Five Forces Analysis
Chapter 4: Global Electric Submersible Pump Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Electric Submersible Pump Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Electric Submersible Pump Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, Electric Submersible Pump Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Electric Submersible Pump Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Electric Submersible Pump Product by Type
- 1.2.1 Low Temperature ESP
- 1.2.2 High Temperature ESP
- 1.3 Electric Submersible Pump Product by Application
- 1.3.1 Onshore
- 1.3.2 Offshore
- 1.4 Global Electric Submersible Pump Market Revenue and Sales Analysis
- 1.4.1 Global Electric Submersible Pump Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Electric Submersible Pump Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Electric Submersible Pump Market Sales Price Trend Analysis (2020-2032)
- 1.5 Electric Submersible Pump Market Development Status and Trends
- 1.5.1 Electric Submersible Pump Industry Development Status Analysis
- 1.5.2 Electric Submersible Pump Industry Development Trends Analysis
- 2 Electric Submersible Pump Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Electric Submersible Pump Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Electric Submersible Pump Market Analysis by Country
- 4.1 Global Electric Submersible Pump Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Electric Submersible Pump Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global Electric Submersible Pump Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global Electric Submersible Pump Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global Electric Submersible Pump Sales and Market Share by Country (2020-2025)
- 4.2.2 Global Electric Submersible Pump Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States Electric Submersible Pump Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany Electric Submersible Pump Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan Electric Submersible Pump Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China Electric Submersible Pump Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France Electric Submersible Pump Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. Electric Submersible Pump Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea Electric Submersible Pump Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada Electric Submersible Pump Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy Electric Submersible Pump Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia Electric Submersible Pump Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico Electric Submersible Pump Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil Electric Submersible Pump Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India Electric Submersible Pump Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam Electric Submersible Pump Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand Electric Submersible Pump Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa Electric Submersible Pump Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global Electric Submersible Pump Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global Electric Submersible Pump Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global Electric Submersible Pump Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global Electric Submersible Pump Average Sales Price by Manufacturers (2021-2025)
- 5.2 Electric Submersible Pump Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Electric Submersible Pump Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Electric Submersible Pump Market Analysis by Type
- 6.1 Global Electric Submersible Pump Market Revenue Analysis by Type
- 6.1.1 Global Electric Submersible Pump Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global Electric Submersible Pump Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global Electric Submersible Pump Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global Electric Submersible Pump Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 Schlumberger
- 7.1.1 Schlumberger Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 Schlumberger Electric Submersible Pump Product Portfolio
- 7.1.3 Schlumberger Electric Submersible Pump Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.2 Borets Company
- 7.2.1 Borets Company Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Borets Company Electric Submersible Pump Product Portfolio
- 7.2.3 Borets Company Electric Submersible Pump Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.3 General Electric
- 7.3.1 General Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 General Electric Electric Submersible Pump Product Portfolio
- 7.3.3 General Electric Electric Submersible Pump Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.4 Halliburton
- 7.4.1 Halliburton Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 Halliburton Electric Submersible Pump Product Portfolio
- 7.4.3 Halliburton Electric Submersible Pump Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.5 GE (Baker Hughes)
- 7.5.1 GE (Baker Hughes) Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 GE (Baker Hughes) Electric Submersible Pump Product Portfolio
- 7.5.3 GE (Baker Hughes) Electric Submersible Pump Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.6 Canadian Advanced ESP
- 7.6.1 Canadian Advanced ESP Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 Canadian Advanced ESP Electric Submersible Pump Product Portfolio
- 7.6.3 Canadian Advanced ESP Electric Submersible Pump Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.7 Lvpai
- 7.7.1 Lvpai Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 Lvpai Electric Submersible Pump Product Portfolio
- 7.7.3 Lvpai Electric Submersible Pump Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.8 Lishen Pump
- 7.8.1 Lishen Pump Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 Lishen Pump Electric Submersible Pump Product Portfolio
- 7.8.3 Lishen Pump Electric Submersible Pump Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.9 Shengli Pump
- 7.9.1 Shengli Pump Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 Shengli Pump Electric Submersible Pump Product Portfolio
- 7.9.3 Shengli Pump Electric Submersible Pump Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8 Industry Chain Analysis <
Pricing
Currency Rates
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