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The global submersible pumps market stood at $ 9.9 billion in 2018 and is anticipated to grow at a CAGR of around 7% to reach $ 19.3 billion by 2028, on account of the increasing demand for submersible pumps in the agriculture sector for irrigation purposes, the growing need to treat wastewater generated from industrial sector and declining groundwater levels. Moreover, rising industrialization coupled with huge investments in infrastructure and water treatment development is expected to increase the demand for submersible pumps across the globe during the forecast period. The growing demand for water in emerging countries such as India and China, owing to increasing construction in agriculture activities is further expected to boost the demand for submersible pumps. Additionally, factors such as increasing investment in oil & gas exploration, real time monitoring of submersible pumps operations and increasing competition leading to low price of submersible pumps would further drive the market over the next five years.
Years considered for this report:
- Historical Years: 2014 – 2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Period: 2020 – 2028
Objective of the Study:
- To describe, examine and forecast the global submersible pumps market.
- To provide a detailed analysis of the global submersible pumps market on the basis of type, mode of operation, power rating, head, applications and region.
- To determine and forecast the market size, by segmenting the global market into five regions – Asia-Pacific, Europe, North America, Middle East & Africa, and South America.
- To evaluate the demand for submersible pumps in various industry verticals globally such as water & wastewater, mining & construction, chemicals & pharmaceuticals, pulp & paper, food & beverages, energy & power, and others.
- To scrutinize the competitive developments such as new product launches and mergers & acquisitions in the global submersible pumps market.
- To provide detailed information regarding the crucial factors influencing the growth of the global submersible pumps market.
- To analyze the technical trends of the global submersible pumps market.
- To identify and strategically profile the leading players operating in the global submersible pumps market.
Some of the major players operating in the global submersible pumps market are Xylem Inc., Flowserve Corporation, Weir Group Plc, Sulzer Limited, Atlas Copco AB, Kirloskar Brothers Limited, Grundfos Holding A/S, KSB Aktiengesellschaft, Wilo SE, ITT Goulds Pumps Inc, etc.
Key Target Audience:
- Open well submersible pump, borewell submersible pump, non-clog submersible pump manufacturers and suppliers
- Major end-users of submersible pumps
- Research organizations and consulting companies
- Associations, organizations, forums and alliances related to submersible pumps
- Government bodies such as regulating authorities and policy makers
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders, such as manufacturers, distributors & dealers, customers and policy makers. The report would also help in identifying which market segments should be targeted over the coming years in order to strategize investments and capitalize on the growth of specific market segments.
Report Scope:
In this report, the global submersible pumps market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, by Type:
- Open Well
- Borewell
- Non-Clog
Market, by Mode of Operation:
- Single Stage
- Multi-Stage
Market, by Power Rating:
- Low
- Medium
- High
Market, by Head:
- Below 50 m
- 50 m – 100 m
- Above 100 m
Market, by Applications:
- Water & Wastewater
- Mining & Construction
- Pulp & Paper
- Energy & Power
- Food & Beverages
- Chemicals & Pharmaceuticals
- Others
Market, by Geography:
Asia-Pacific
- China
- India
- Indonesia
- Japan
- Australia
- South Korea
- Singapore
- Rest of APAC
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Sweden
- Norway
- Austria
- Denmark
- Poland
- Russia
- Rest of Europe
North America
- United States
- Canada
- Mexico
Middle East & Africa
- Saudi Arabia
- Turkey
- South Africa
- Iran
- UAE
- Israel
- Nigeria
- Kuwait
- Rest of MEA
South America
- Brazil
- Colombia
- Chile
- Argentina
- Venezuela
- Rest of South America
Competitive Landscape
- Competition Benchmarking: Benchmarking of leading 10 players on the basis of product portfolio, etc.
- Company Profiles: Detailed analysis of major companies present in the global submersible pumps market.
Table of Contents
1. Product Overview2. Research Methodology3. Analyst View4. Global Submersible Pumps Demand Supply Analysis
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Atlas Copco AB
- Flowserve Corporation
- Grundfos Holding A/S
- ITT Gould’s Pumps Inc.
- Kirloskar Brothers Limited
- KSB Aktiengesellschaft
- Sulzer Limited
- Weir Group Plc.
- Wilo SE
- Xylem Inc.