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Submersible Pump Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Publisher Fortune Business Insights Pvt. Ltd.
Published Jan 01, 2025
Length 180 Pages
SKU # FOB19847027

Description

Growth Factors of Submersible Pump Market

The Submersible Pump market was valued at USD 12.95 billion in 2023, and the market is now projected tgrow tUSD 29.85 billion by 2032, exhibiting a CAGR of 6.21% during the forecast period of 2024-2032.

The submersible pumps market growth in the phase of COVID-19 is being governed by the expanding advancement of submersible pumps in the segments private and commercial. Developing concerns over wastewater releases and reuse of released water is acting as key highlights cultivating the pumps request. In May 2019, the Italian producer, Caprari, reported textend the operational execution of its submersible motor's portfolicalled MAC arrangement. The enhancement is accomplished by utilizing High Thrust (HT) bearings within the units textend hub stack resistance and toughness of the items.

Different nations are expanding centre on developing and collecting edible goods for national utilization as well as universal trades. Developing nations within the Asia Pacific locale, beside created locales such as North America, is taking a few measures tadvance rural commerce by utilizing progressed apparatus and hardware.

Water is the fundamental need required by each person tsupport, and exhaustion & defilement of water assets have risen grave concerns among countries. Subsequently, distinctive territorial governments have executed strict approaches and rules tcontrol the blend of discharged wastewaters intstandard water saves.

Comprehensive Analysis of Submersible Pump Market

On the functional capacity analysis, the market bifurcation is stated as low, medium, and high. The medium capacity section is anticipated taccount for the major share within the market. The items provide optimum output release volume alongside way better pertinence tdifferent commercial, agrarian, firefighting, water system, and other segments. Sorting of pump types, this market can be majorly portioned intelectric submersible pumps, processor pumps, gushing pumps, bilge pumps, and others. Electric submersible pumps or ESPs are anticipated tshape the market patterns and hold the lion's share amid the figure period. Worldwide submersible pumps market based on end-user incorporates water & wastewater, chemicals, private & commercial, development, horticulture, mining, oil & gas, and others. The water & wastewater division is anticipated tlead the advertise owing texacting government standards coupled with flexible establishment & operations.

Asia Pacific thold the biggest submersible pumps market share within the worldwide amid the estimate time allotment with an estimated valuation of USD 4.22 billion. Quickly rising vitality utilization has altogether expanded the investigation & generation of hydrocarbon saves. Besides, developing countries like China, India, Australia, Japan, and other Southeast Asian nations are complementing the locale tdevelop as the prevailing geology amid the figure time allotment.

In the globalized market pool is being overpowered by few of the key companies owing ttheir strong thing portfolio, key imperative choices, and dominance of grandstand share. These consolidate a accumulate of key companies with more broad geographic closeness and decided R&D, coming almost in a strong thing portfolio. The market is significantly set in nature, with three major players working within the showcase. Moreover, inorganic improvement techniques such as mergers and acquisitions will help brace the significant market revenue. Crompton Greaves Consumer Electricals Limited (India), Sulzer (Switzerland), PedrollS.p.A. (Italy), ZUWA-Zumpe GmbH (Germany), Weatherford (U.S.), Homa Pumpenfabrik GmbH (Germany), Xylem Inc. (U.S.), Kirloskar Brothers Limited (India), oddesse Pumpen- Und Motorenfabrik GmbH (Germany), Zoeller Company (U.S.), KSB Company (U.S.), Quadt Kunststoffapparatebau GmbH (Germany), Multiquip Inc. (U.S.), TSURUMI PUMP (Japan), Hitachi America (U.S.), GRUNDFOS (Denmark) and Caprari (Italy) are the major players dedicatedly working towards the truly explore and progression of the advancement in manufacturing and moving Submersible Pump things improved with more prosperity benefits and most noteworthy supplement maintenance.

In the month of February 2020, Tsurumi announced thold ruling share in Obart Pumps Ltd., a UK based pump wholesaler. The merger is pointed tinvigorate the company's nearness within the territorial showcase by advertising modern items & services tthe clients.

SEGMENTATION TABLE

ATTRIBUTE DETAILS

Study Period - 2015-2026

Base Year - 2018

Forecast Period - 2019-2026

Historical Period - 2015-2017

Unit Value (USD Billion)

By Capacity
  • Low
  • Medium
  • High
By Pump Type
  • Electrical Submersible Pumps
  • Grinder Pumps
  • Effluent Pumps
  • Bilge Pumps
  • Others
By End-User
  • Residential & Commercial
  • Water & Wastewater
  • Mining
  • Agriculture
  • Oil & Gas
  • Chemicals
  • Construction
  • Others
By Region
  • North America (U.S. and Canada)
  • Europe (UK, Germany, France, Italy, Russia, and Rest of Europe)
  • Asia Pacific (China, India, Japan, Australia, Southeast Asia, and Rest of Asia Pacific)
  • Middle East & Africa (GCC, South Africa, and Rest of Middle East & Africa)
  • Latin America (Brazil, Mexico, and Rest of Latin America)


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Table of Contents

180 Pages
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Regulatory Landscape
4.4. Industry SWOT Analysis
4.5. Porters Five Forces Analysis
5. Global Submersible Pump Market Analysis (USD Billion), Insights and Forecast, 2015-2026
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Capacity
5.2.1. Low
5.2.2. Medium
5.2.3. High
5.3. Market Analysis, Insights and Forecast – By Pump Type
5.3.1. Electrical Submersible Pumps
5.3.2. Grinder Pumps
5.3.3. Effluent Pumps
5.3.4. Bilge Pumps
5.3.5. Others
5.4. Market Analysis, Insights and Forecast – By End-User
5.4.1. Residential & Commercial
5.4.2. Water & Wastewater
5.4.3. Mining
5.4.4. Agriculture
5.4.5. Oil & Gas
5.4.6. Chemicals
5.4.7. Construction
5.4.8. Others
5.5. Market Analysis, Insights and Forecast – By Region
5.5.1. North America
5.5.2. Europe
5.5.3. Asia Pacific
5.5.4. Latin America
5.5.5. Middle East & Africa
6. North America Submersible Pump Market Analysis (USD Billion), Insights and Forecast, 2015-2026
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Capacity
6.2.1. Low
6.2.2. Medium
6.2.3. High
6.3. Market Analysis, Insights and Forecast – By Pump Type
6.3.1. Electrical Submersible Pumps
6.3.2. Grinder Pumps
6.3.3. Effluent Pumps
6.3.4. Bilge Pumps
6.3.5. Others
6.4. Market Analysis, Insights and Forecast – By End-User
6.4.1. Residential & Commercial
6.4.2. Water & Wastewater
6.4.3. Mining
6.4.4. Agriculture
6.4.5. Oil & Gas
6.4.6. Chemicals
6.4.7. Construction
6.4.8. Others
6.5. Market Analysis, Insights and Forecast – By Country
6.5.1. U.S.
6.5.2. Canada
7. Europe Submersible Pump Market Analysis (USD Billion), Insights and Forecast, 2015-2026
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Capacity
7.2.1. Low
7.2.2. Medium
7.2.3. High
7.3. Market Analysis, Insights and Forecast – By Pump Type
7.3.1. Electrical Submersible Pumps
7.3.2. Grinder Pumps
7.3.3. Effluent Pumps
7.3.4. Bilge Pumps
7.3.5. Others
7.4. Market Analysis, Insights and Forecast – By End-User
7.4.1. Residential & Commercial
7.4.2. Water & Wastewater
7.4.3. Mining
7.4.4. Agriculture
7.4.5. Oil & Gas
7.4.6. Chemicals
7.4.7. Construction
7.4.8. Others
7.5. Insights and Forecast – By Country
7.5.1. UK
7.5.2. Germany
7.5.3. France
7.5.4. Italy
7.5.5. Russia
7.5.6. Rest of Europe
8. Asia Pacific Submersible Pump Market Analysis (USD Billion), Insights and Forecast, 2015-2026
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Capacity
8.2.1. Low
8.2.2. Medium
8.2.3. High
8.3. Market Analysis, Insights and Forecast – By Pump Type
8.3.1. Electrical Submersible Pumps
8.3.2. Grinder Pumps
8.3.3. Effluent Pumps
8.3.4. Bilge Pumps
8.3.5. Others
8.4. Market Analysis, Insights and Forecast – By End-User
8.4.1. Residential & Commercial
8.4.2. Water & Wastewater
8.4.3. Mining
8.4.4. Agriculture
8.4.5. Oil & Gas
8.4.6. Chemicals
8.4.7. Construction
8.4.8. Others
8.5. Market Analysis, Insights and Forecast – By Country
8.5.1. China
8.5.2. India
8.5.3. Japan
8.5.4. Australia
8.5.5. Southeast Asia
8.5.6. Rest of Asia Pacific
9. Latin America Submersible Pump Market Analysis (USD Billion), Insights and Forecast, 2015-2026
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast – By Capacity
9.2.1. Low
9.2.2. Medium
9.2.3. High
9.3. Market Analysis, Insights and Forecast – By Pump Type
9.3.1. Electrical Submersible Pumps
9.3.2. Grinder Pumps
9.3.3. Effluent Pumps
9.3.4. Bilge Pumps
9.3.5. Others
9.4. Market Analysis, Insights and Forecast – By End-User
9.4.1. Residential & Commercial
9.4.2. Water & Wastewater
9.4.3. Mining
9.4.4. Agriculture
9.4.5. Oil & Gas
9.4.6. Chemicals
9.4.7. Construction
9.4.8. Others
9.5. Market Analysis, Insights and Forecast – By Country
9.5.1. Brazil
9.5.2. Mexico
9.5.3. Rest of Latin America
10. Middle East & Africa Submersible Pump Market Analysis (USD Billion), Insights and Forecast, 2015-2026
10.1. Key Findings / Summary
10.2. Market Analysis, Insights and Forecast – By Capacity
10.2.1. Low
10.2.2. Medium
10.2.3. High
10.3. Market Analysis, Insights and Forecast – By Pump Type
10.3.1. Electrical Submersible Pumps
10.3.2. Grinder Pumps
10.3.3. Effluent Pumps
10.3.4. Bilge Pumps
10.3.5. Others
10.4. Market Analysis, Insights and Forecast – By End-User
10.4.1. Residential & Commercial
10.4.2. Water & Wastewater
10.4.3. Mining
10.4.4. Agriculture
10.4.5. Oil & Gas
10.4.6. Chemicals
10.4.7. Construction
10.4.8. Others
10.5. Market Analysis, Insights and Forecast – By Country
10.5.1. GCC
10.5.2. South Africa
10.5.3. Rest of the Middle East & Africa
11. Competitive Analysis
11.1. Company Market Share Analysis, 2018
11.2. Company Profile
11.2.1. KSB Company
11.2.1.1. Business Overview
11.2.1.2. Product & Service Offering
11.2.1.3. Overall Revenue
11.2.1.4. Geographic Presence
11.2.1.5. Recent Development
11.2.2. Crompton Greaves Consumer Electricals Limited
11.2.2.1. Business Overview
11.2.2.2. Product & Service Offering
11.2.2.3. Overall Revenue
11.2.2.4. Geographic Presence
11.2.2.5. Recent Development
11.2.3. Sulzer
11.2.3.1. Business Overview
11.2.3.2. Product & Service Offering
11.2.3.3. Overall Revenue
11.2.3.4. Geographic Presence
11.2.3.5. Recent Development
11.2.4. Pedrollo S.p.A.
11.2.4.1. Business Overview
11.2.4.2. Product & Service Offering
11.2.4.3. Overall Revenue
11.2.4.4. Geographic Presence
11.2.4.5. Recent Development
11.2.5. ZUWA-Zumpe GmbH
11.2.5.1. Business Overview
11.2.5.2. Product & Service Offering
11.2.5.3. Overall Revenue
11.2.5.4. Geographic Presence
11.2.5.5. Recent Development
11.2.6. Weatherford
11.2.6.1. Business Overview
11.2.6.2. Product & Service Offering
11.2.6.3. Overall Revenue
11.2.6.4. Geographic Presence
11.2.6.5. Recent Development
11.2.7. Homa Pumpenfabrik GmbH
11.2.7.1. Business Overview
11.2.7.2. Product & Service Offering
11.2.7.3. Overall Revenue
11.2.7.4. Geographic Presence
11.2.7.5. Recent Development
11.2.8. Xylem Inc.
11.2.8.1. Business Overview
11.2.8.2. Product & Service Offering
11.2.8.3. Overall Revenue
11.2.8.4. Geographic Presence
11.2.8.5. Recent Development
11.2.9. Kirloskar Brothers Limited
11.2.9.1. Business Overview
11.2.9.2. Product & Service Offering
11.2.9.3. Overall Revenue
11.2.9.4. Geographic Presence
11.2.9.5. Recent Development
11.2.10. oddesse Pumpen- Und Motorenfabrik GmbH
11.2.10.1. Business Overview
11.2.10.2. Product & Service Offering
11.2.10.3. Overall Revenue
11.2.10.4. Geographic Presence
11.2.10.5. Recent Development
11.2.11. Zoeller Company
11.2.11.1. Business Overview
11.2.11.2. Product & Service Offering
11.2.11.3. Overall Revenue
11.2.11.4. Geographic Presence
11.2.11.5. Recent Development
11.2.12. Quadt Kunststoffapparatebau GmbH
11.2.12.1. Business Overview
11.2.12.2. Product & Service Offering
11.2.12.3. Overall Revenue
11.2.12.4. Geographic Presence
11.2.12.5. Recent Development
11.2.13. Multiquip Inc.
11.2.13.1. Business Overview
11.2.13.2. Product & Service Offering
11.2.13.3. Overall Revenue
11.2.13.4. Geographic Presence
11.2.13.5. Recent Development
11.2.14. TSURUMI PUMP
11.2.14.1. Business Overview
11.2.14.2. Product & Service Offering
11.2.14.3. Overall Revenue
11.2.14.4. Geographic Presence
11.2.14.5. Recent Development
11.2.15. Hitachi America
11.2.15.1. Business Overview
11.2.15.2. Product & Service Offering
11.2.15.3. Overall Revenue
11.2.15.4. Geographic Presence
11.2.15.5. Recent Development
11.2.16. GRUNDFOS
11.2.16.1. Business Overview
11.2.16.2. Product & Service Offering
11.2.16.3. Overall Revenue
11.2.16.4. Geographic Presence
11.2.16.5. Recent Development
11.2.17. Caprari
11.2.17.1. Business Overview
11.2.17.2. Product & Service Offering
11.2.17.3. Overall Revenue
11.2.17.4. Geographic Presence
11.2.17.5. Recent Development

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