Global Submersible Pumps Market By Overview
Introduction:
Submersible pumps are device which is submerged in the fluids that has to pump and are efficient when compared to jet pumps. As such, they are designed to use for different purposes like drainage in floods, sewerage pumping, emptying ponds or even as pond filters. Filtration pumps present inside fish tanks are a type of submersible pumps. These pumps are better for higher demand water units. This will help to save energy as they don’t need as much power as jet pumps for operating. As there are different horsepower’s pumps present according to the usage on need to decide. One can run a submersible pump continuously for as long as require, but it need a constant water supply. Submersible pumps are energy efficient and high in capacity and hence it is widely used for residential, commercial, and municipal purpose. Furthermore, it is also used for seawater handling, sewage treatment plants, and in firefighting. The global submersible pumps market accounted for US$ 11.65 billion in 2020 and is estimated to be US$ 19.45 billion by 2030 and is anticipated to register a CAGR of 5.3%.
Global Submersible Pumps Market By Dynamics
Increasing Industrial development
Motor Failure and High Troubleshooting Cost
However, technical problems and the maintenance cost may hamper the growth of the market. The motors are extremely reliable when applied to field and work with within their limits of temperature, hydraulic loading, and power requirements. The troubleshooting cost of such failures is high, and it reduces the life of such pumps because of repairs and re-installation of such parts.
Global Submersible Pumps Market By Segmentation
The global submersible pumps market is segmented based on type, operation, power rating, industry and region.
On the basis of type, the global submersible pumps market is segmented into open well and borewell. Based on operation, the target market is segmented into single-stage and multi-stage. On the basis of power rating, the target market is segmented into low power, medium power, and high power. Lastly, on the basis of industry, the target market is segmented into water & wastewater, energy & power, mining & construction, and others.
Regional Insights:
The global submersible pumps market accounted for US$ 11.65 billion in 2020 and is estimated to be US$ 19.45 billion by 2030 and is anticipated to register a CAGR of 5.3%. On region the global submersible pumps market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific region is predicted to account the largest revenue during the forecast period. The region is attracting investors to set up production facilities because of the availability of raw materials and labor at lower prices. Government is providing support the industrial developments; this also helps in the expansion of the sales of submersible pumps. Countries like India and China, are witnessing increase in multiple sectors, thereby surge growth in demand for crude oil, chemicals, among others.
Report Scope:
|
Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2030 |
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Market Segmentation |
By Type- Open well and Borewell By Operation– Single stage and Multi-Stage By Power Rating– Low Power, Medium Power, and High Power By Industry- Water & Wastewater, Energy & Power, Mining & Construction, and Others |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global submersible pumps market report based on type, operation, power rating, application, and region.
Global Submersible Pumps Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Submersible Pumps Market By Key Players
The key players operating in the global submersible pumps market includes Xylem Inc., Sulzer AG, KSB Group, Grundfos A/S, Ebara Corporation, Atlas Copco AB, Flowserve Corporations, General Electric Company, Halliburton Company, and The Gorman-Rupp Company.
Global Submersible Pumps Market By Company Profile
- Xylem Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sulzer AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- KSB Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Grundfos A/S
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ebara Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Atlas Copco AB
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Flowserve Corporations
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- General Electric Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Halliburton Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Gorman-Rupp Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Submersible Pumps Market By Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Operation
- Market Snippet, By Power Rating
- Market Snippet, By Industry
- Market Snippet, By Region
- Opportunity Map Analysis
- Market Dynamics Analysis
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Trends
- Drivers- Restraints Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Global Submersible Pumps Market, By Type, 2018 – 2028, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2018 — 2028
- Y-o-Y Growth Analysis (%), 2019 – 2028
- Segment Trends
- Openwell
§ Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
- Borewell
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
- Global Submersible Pumps Market, by Operation, 2018 – 2028, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2018 — 2028
- Y-o-Y Growth Analysis (%), 2019 – 2028
- Segment Trends
- Single-stage
§ Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
- Multi-stage
§ Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
- Global Submersible Pumps Market, By Power Rating, 2018 – 2028, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2018 — 2028
- Y-o-Y Growth Analysis (%), 2019 – 2028
- Segment Trends
- Low Power
§ Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
- Medium Power
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
- High Power
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
- Global Submersible Pumps Market, By Industry, 2018 – 2028, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2018 — 2028
- Y-o-Y Growth Analysis (%), 2019 – 2028
- Segment Trends
- Water & Wastewater
§ Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
- Energy & Power
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
- Mining & Construction
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
8. Global Submersible Pumps Market, By Region, 2018 – 2028, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2018 — 2028
- Y-o-Y Growth Analysis (%), 2019 – 2028
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Type, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Operation, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Power Rating, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Industry, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Country, 2018 – 2028
Ø U.S.
Ø Canada
- Europe
- Market Size and Forecast (US$ Mn), By Type, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Operation, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Power Rating, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Industry, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Country, 2018 – 2028
Ø Germany
Ø UK
Ø France
Ø Russia
Ø Italy
Ø Switzerland
Ø Sweden
Ø Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Type, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Operation, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Power Rating, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Industry, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Country, 2018 – 2028
Ø China
Ø India
Ø Australia & New Zealand
Ø Japan
Ø South Korea
Ø Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Type, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Operation, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Power Rating, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Industry, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Country, 2018 – 2028
Ø Brazil
Ø Mexico
Ø Argentina and Chile
Ø Rest of Latin America
- Middle East
- Market Size and Forecast (US$ Mn), By Type, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Operation, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Power Rating, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Industry, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Country, 2018 – 2028
Ø GCC
Ø Israel
Ø Rest of Middle East
- Africa
- Market Size and Forecast (US$ Mn), By Type, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Operation, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Power Rating, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Industry, 2018 – 2028
- Market Size and Forecast (US$ Mn), By Country, 2018 – 2028
Ø South Africa
Ø Central Africa
Ø North Africa
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Xylem Inc.
Ø Company Overview
Ø Product Portfolio
Ø Key Highlights
Ø Financial Overview
Ø Business Strategy
- Sulzer AG
Ø Company Overview
Ø Product Portfolio
Ø Key Highlights
Ø Financial Overview
Ø Business Strategy
- KSB Group
Ø Company Overview
Ø Product Portfolio
Ø Key Highlights
Ø Financial Overview
Ø Business Strategy
- Grundfos A/S
Ø Company Overview
Ø Product Portfolio
Ø Key Highlights
Ø Financial Overview
Ø Business Strategy
- Ebara Corporation
Ø Company Overview
Ø Product Portfolio
Ø Key Highlights
Ø Financial Overview
Ø Business Strategy
- Atlas Copco AB
Ø Company Overview
Ø Product Portfolio
Ø Key Highlights
Ø Financial Overview
Ø Business Strategy
- Flowserve Corporation
Ø Company Overview
Ø Product Portfolio
Ø Key Highlights
Ø Financial Overview
Ø Business Strategy
- General Electric Company
Ø Company Overview
Ø Product Portfolio
Ø Key Highlights
Ø Financial Overview
Ø Business Strategy
- Halliburton Company
Ø Company Overview
Ø Product Portfolio
Ø Key Highlights
Ø Financial Overview
Ø Business Strategy
- The Gorman-Rupp Company
Ø Company Overview
Ø Product Portfolio
Ø Key Highlights
Ø Financial Overview
Ø Business Strategy
- Analyst Views
- Section
- Research Methodology
- About Us
- Contact
FAQs
The global submersible pumps market is segmented based on type, operation, power rating, industry, and region.
Increasing industrial developments and investments in different sectors is the major factor driving growth of the global market
The submersible pumps market in Asia-Pacific accounted for highest revenue share, in 2018 and is expected to maintain its dominance over the forecast period.
Key players operating in the global submersible pumps market includes Xylem Inc., Sulzer AG, KSB Group, Grundfos A/S, Ebara Corporation, Atlas Copco AB, Flowserve Corporations, General Electric Company, Halliburton Company, and The Gorman-Rupp Company.