Submersible Pump Market
Submersible Pump Market - Global Industry Assessment & Forecast
Segments Covered
- By Type Electrical, Hydraulic, Air-Driven
- By Application Open Pit, Borewell
- By Operation Single-stage, Multi-stage
- By power-rating Below 1HP, 1-5 HP, 5-15 HP, Above 15 HP
- By Sector Industrial, Agricultural, Domestic
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 11.95 Billion |
Revenue 2030: | USD 12.8 Billion |
Revenue CAGR (2023 - 2030): | 7.20% |
Fastest Growing Region (2023 - 2030) | North America |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
-
Executive Dashboard
- Strategic Imperatives
-
Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
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Global Submersible Pump Market - Segment Analysis
- Overview
- Global Submersible Pump Market, 2016 - 2028 (USD Million)
-
Global Submersible Pump Market - by Type
- By Electrical
- By Hydraulic
- By Air-Driven
-
Global Submersible Pump Market - by Application
- By Open Pit
- By Borewell
-
Global Submersible Pump Market - by Operation
- By Single-stage
- By Multi-stage
-
Global Submersible Pump Market - by power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
-
Global Submersible Pump Market - by Sector
- By Industrial
- By Agricultural
- By Domestic
-
Global Submersible Pump Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America Submersible Pump Market - Segment Analysis
- Overview
- North America Submersible Pump Market, 2016 - 2028 (USD Million)
-
North America Submersible Pump Market, by Type
- By Electrical
- By Hydraulic
- By Air-Driven
-
North America Submersible Pump Market, by Application
- By Open Pit
- By Borewell
-
North America Submersible Pump Market, by Operation
- By Single-stage
- By Multi-stage
-
North America Submersible Pump Market, by power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
-
North America Submersible Pump Market, by Sector
- By Industrial
- By Agricultural
- By Domestic
-
North America Submersible Pump Market, by Country
- U.S.
- U.S. Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- U.S. Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- U.S. Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- U.S. Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- U.S. Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- U.S. Submersible Pump Market, By Type
- Canada
- Canada Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- Canada Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- Canada Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- Canada Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- Canada Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- Canada Submersible Pump Market, By Type
- Mexico
- Mexico Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- Mexico Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- Mexico Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- Mexico Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- Mexico Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- Mexico Submersible Pump Market, By Type
- U.S.
-
Europe Submersible Pump Market - Segment Analysis
- Overview
- Europe Submersible Pump Market, 2016 - 2028 (USD Million)
-
Europe Submersible Pump Market, by Type
- By Electrical
- By Hydraulic
- By Air-Driven
-
Europe Submersible Pump Market, by Application
- By Open Pit
- By Borewell
-
Europe Submersible Pump Market, by Operation
- By Single-stage
- By Multi-stage
-
Europe Submersible Pump Market, by power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
-
Europe Submersible Pump Market, by Sector
- By Industrial
- By Agricultural
- By Domestic
-
Europe Submersible Pump Market, by Country
- Germany
- Germany Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- Germany Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- Germany Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- Germany Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- Germany Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- Germany Submersible Pump Market, By Type
- UK
- UK Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- UK Market, By Application
- By Open Pit
- By Borewell
- UK Market, By Operation
- By Single-stage
- By Multi-stage
- UK Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- UK Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- UK Market, By Type
- France
- France Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- France Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- France Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- France Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- France Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- France Submersible Pump Market, By Type
- Spain
- Spain Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- Spain Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- Spain Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- Spain Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- Spain Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- Spain Submersible Pump Market, By Type
- Italy
- Italy Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- Italy Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- Italy Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- Italy Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- Italy Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- Italy Submersible Pump Market, By Type
- BENELUX
- BENELUX Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- BENELUX Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- BENELUX Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- BENELUX Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- BENELUX Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- BENELUX Submersible Pump Market, By Type
- Rest of Europe
- Rest Of Europe Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- Rest Of Europe Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- Rest Of Europe Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- Rest Of Europe Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- Rest Of Europe Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- Rest Of Europe Submersible Pump Market, By Type
- Germany
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Asia Pacific Submersible Pump Market - Segment Analysis
- Overview
- Asia Pacific Submersible Pump Market, 2016 - 2028 (USD Million)
-
Asia Pacific Submersible Pump Market, by Type
- By Electrical
- By Hydraulic
- By Air-Driven
-
Asia Pacific Submersible Pump Market, by Application
- By Open Pit
- By Borewell
-
Asia Pacific Submersible Pump Market, by Operation
- By Single-stage
- By Multi-stage
-
Asia Pacific Submersible Pump Market, by power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
-
Asia Pacific Submersible Pump Market, by Sector
- By Industrial
- By Agricultural
- By Domestic
-
Asia Pacific Submersible Pump Market, by Country
- China
- China Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- China Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- China Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- China Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- China Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- China Submersible Pump Market, By Type
- Japan
- Japan Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- Japan Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- Japan Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- Japan Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- Japan Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- Japan Submersible Pump Market, By Type
- India
- India Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- India Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- India Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- India Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- India Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- India Submersible Pump Market, By Type
- South Korea
- South Korea Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- South Korea Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- South Korea Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- South Korea Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- South Korea Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- South Korea Submersible Pump Market, By Type
- South East Asia
- South East Asia Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- South East Asia Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- South East Asia Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- South East Asia Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- South East Asia Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- South East Asia Submersible Pump Market, By Type
- Rest of Asia Pacific
- Rest of Asia Pacific Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- Rest of Asia Pacific Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- Rest of Asia Pacific Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- Rest of Asia Pacific Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- Rest of Asia Pacific Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- Rest of Asia Pacific Submersible Pump Market, By Type
- China
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Latin America Submersible Pump Market - Segment Analysis
- Overview
- Latin America Submersible Pump Market, 2016 - 2028 (USD Million)
-
Latin America Submersible Pump Market, by Type
- By Electrical
- By Hydraulic
- By Air-Driven
-
Latin America Submersible Pump Market, by Application
- By Open Pit
- By Borewell
-
Latin America Submersible Pump Market, by Operation
- By Single-stage
- By Multi-stage
-
Latin America Submersible Pump Market, by power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
-
Latin America Submersible Pump Market, by Sector
- By Industrial
- By Agricultural
- By Domestic
-
Latin America Submersible Pump Market, by Country
- Brazil
- Brazil Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- Brazil Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- Brazil Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- Brazil Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- Brazil Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- Brazil Submersible Pump Market, By Type
- Argentina
- Argentina Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- Argentina Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- Argentina Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- Argentina Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- Argentina Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- Argentina Submersible Pump Market, By Type
- Rest of Latin America
- Rest of Latin America Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- Rest of Latin America Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- Rest of Latin America Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- Rest of Latin America Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- Rest of Latin America Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- Rest of Latin America Submersible Pump Market, By Type
- Brazil
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Middle East & Africa Submersible Pump Market - Segment Analysis
- Overview
- Middle East & Africa Submersible Pump Market, 2016 - 2028 (USD Million)
-
Middle East & Africa Submersible Pump Market, by Type
- By Electrical
- By Hydraulic
- By Air-Driven
-
Middle East & Africa Submersible Pump Market, by Application
- By Open Pit
- By Borewell
-
Middle East & Africa Submersible Pump Market, by Operation
- By Single-stage
- By Multi-stage
-
Middle East & Africa Submersible Pump Market, by power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
-
Middle East & Africa Submersible Pump Market, by Sector
- By Industrial
- By Agricultural
- By Domestic
-
Middle East & Africa Submersible Pump Market, by Country
- GCC Countries
- GCC Countries Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- GCC Countries Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- GCC Countries Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- GCC Countries Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- GCC Countries Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- GCC Countries Submersible Pump Market, By Type
- South Africa
- South Africa Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- South Africa Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- South Africa Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- South Africa Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- South Africa Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- South Africa Submersible Pump Market, By Type
- Rest of Middle East & Africa
- Rest of Middle East & Africa Submersible Pump Market, By Type
- By Electrical
- By Hydraulic
- By Air-Driven
- Rest of Middle East & Africa Submersible Pump Market, By Application
- By Open Pit
- By Borewell
- Rest of Middle East & Africa Submersible Pump Market, By Operation
- By Single-stage
- By Multi-stage
- Rest of Middle East & Africa Submersible Pump Market, By power-rating
- By Below 1HP
- By 1-5 HP
- By 5-15 HP
- By Above 15 HP
- Rest of Middle East & Africa Submersible Pump Market, By Sector
- By Industrial
- By Agricultural
- By Domestic
- Rest of Middle East & Africa Submersible Pump Market, By Type
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
-
Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
-
Company Profiles
- Baker Hughes Co.
- Schlumberger Limited
- Halliburton Co.
- Weir Group PLC
- Sulzer AG
- Grundfos Group
- The Gorman-Rupp Company
- Flowserve Corporation
- Atlas Copco AB
- Ebara Corporation
- Borets International Ltd
- ITT Goulds Pumps
- Franklin Electric Co. Inc.
- KSB AG
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for Submersible Pump in terms of revenue?
-
The global Submersible Pump valued at USD 11.95 Billion in 2022 and is expected to reach USD 12.8 Billion in 2030 growing at a CAGR of 7.20%.
Which are the prominent players in the market?
-
The prominent players in the market are Baker Hughes Co., Schlumberger Limited, Halliburton Co., Weir Group PLC, Sulzer AG, Grundfos Group, The Gorman-Rupp Company, Flowserve Corporation, Atlas Copco AB, Ebara Corporation, Borets International Ltd, ITT Goulds Pumps, Franklin Electric Co. Inc., KSB AG.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 7.20% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Submersible Pump include
- Rapid Recovery in the Oil and Gas and Mining Industries
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Submersible Pump in 2022.