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Global Submersible Pumps Market by Type (Bore Well, Open Well), Operation (Multi-Stage, Single Stage), Power Rating, Drive, End User - Forecast 2023-2030

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    Report

  • 197 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 4985971
UP TO OFF until Dec 31st 2024
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The Submersible Pumps Market size was estimated at USD 9.91 billion in 2022, USD 10.39 billion in 2023, and is expected to grow at a CAGR of 6.00% to reach USD 15.81 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Submersible Pumps Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Submersible Pumps Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Submersible Pumps Market, highlighting leading vendors and their innovative profiles. These include Atlas Copco AB, C.R.I. Pumps Private Limited, Crompton Greaves Consumer Electricals Limited, Dooch Co., Ltd., Ebara Corporation, Elpumps, Flowserve Corporation, Franklin Electric, General Electric Company, Grundfos Holding A/S, Halliburton Company, Havells India Ltd., HCP Pump Manufacturer Co., Ltd., HOMA Pumpenfabrik GmbH, Industrial Flow Solutions, Kirloskar Brothers Limited, KSB SE & Co. KGaA, Leo Group Pump (Zhejiang) Co., Ltd., Lubi Industries LLP, Mody Pumps Inc., Pleuger Industries, Polycab India Limited, Profil Pumps Corporation, Rafel Pump, SAER Elettropompe S.p.A., Sulzer Ltd., Söndgerath Pumpenhandels GmbH, The Gorman-Rupp Company, Tsurumi Manufacturing Co., Ltd., V-Guard Industries Ltd., Vira Pumps, Waa Motors And Pumps Private Limited, Wilo SE, and Xylem Inc.

Market Segmentation & Coverage

This research report categorizes the Submersible Pumps Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Type
    • Bore Well
    • Open Well
  • Operation
    • Multi-Stage
    • Single Stage
  • Power Rating
    • 1-5 HP
    • 5-15 HP
    • above 15 HP
    • Below 1 HP
  • Drive
    • Electric
    • Hydraulic
    • Pneumatic
  • End User
    • Industrial
      • Agriculture
      • Energy & Power
      • Mining & Construction
      • Oil & Gas
    • Municipal
      • Wastewater Management
      • Water Supply & Distribution
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Submersible Pumps Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Submersible Pumps Market?
  3. What are the technology trends and regulatory frameworks in the Submersible Pumps Market?
  4. What is the market share of the leading vendors in the Submersible Pumps Market?
  5. Which modes and strategic moves are suitable for entering the Submersible Pumps Market?

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Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Submersible Pumps Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Higher Demand for Submersible Pumps in Agriculture Sector
5.1.1.2. Growing Inclination Toward Electric Submersible Pumps
5.1.1.3. Rapid Expansion of Construction Industry
5.1.2. Restraints
5.1.2.1. Concerns Related to Energy Inefficiency and High Cost of Pump Installation and Maintenance
5.1.3. Opportunities
5.1.3.1. Emergence of Solar-Powered Submersible Pumps and Machine Learning (ML) for Predictive Maintenance of ESP
5.1.3.2. Increasing Investments for Onshore and Offshore Oil & Gas Explorations
5.1.4. Challenges
5.1.4.1. Increasing Incidences of Failure of Submersible Pumps
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Submersible Pumps Market, by Type
6.1. Introduction
6.2. Bore Well
6.3. Open Well
7. Submersible Pumps Market, by Operation
7.1. Introduction
7.2. Multi-Stage
7.3. Single Stage
8. Submersible Pumps Market, by Power Rating
8.1. Introduction
8.2. 1-5 HP
8.3. 5-15 HP
8.4. above 15 HP
8.5. Below 1 HP
9. Submersible Pumps Market, by Drive
9.1. Introduction
9.2. Electric
9.3. Hydraulic
9.4. Pneumatic
10. Submersible Pumps Market, by End User
10.1. Introduction
10.2. Industrial
10.3.1. Agriculture
10.3.2. Energy & Power
10.3.3. Mining & Construction
10.3.4. Oil & Gas
10.3. Municipal
10.4.1. Wastewater Management
10.4.2. Water Supply & Distribution
11. Americas Submersible Pumps Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific Submersible Pumps Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam
13. Europe, Middle East & Africa Submersible Pumps Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom
14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
15. Competitive Portfolio
15.1. Key Company Profiles
15.1.1. Atlas Copco AB
15.1.2. C.R.I. Pumps Private Limited
15.1.3. Crompton Greaves Consumer Electricals Limited
15.1.4. Dooch Co., Ltd.
15.1.5. Ebara Corporation
15.1.6. Elpumps
15.1.7. Flowserve Corporation
15.1.8. Franklin Electric
15.1.9. General Electric Company
15.1.10. Grundfos Holding A/S
15.1.11. Halliburton Company
15.1.12. Havells India Ltd.
15.1.13. HCP Pump Manufacturer Co., Ltd.
15.1.14. HOMA Pumpenfabrik GmbH
15.1.15. Industrial Flow Solutions
15.1.16. Kirloskar Brothers Limited
15.1.17. KSB SE & Co. KGaA
15.1.18. Leo Group Pump (Zhejiang) Co., Ltd.
15.1.19. Lubi Industries LLP
15.1.20. Mody Pumps Inc.
15.1.21. Pleuger Industries
15.1.22. Polycab India Limited
15.1.23. Profil Pumps Corporation
15.1.24. Rafel Pump
15.1.25. SAER Elettropompe S.p.A.
15.1.26. Sulzer Ltd.
15.1.27. Söndgerath Pumpenhandels GmbH
15.1.28. The Gorman-Rupp Company
15.1.29. Tsurumi Manufacturing Co., Ltd.
15.1.30. V-Guard Industries Ltd.
15.1.31. Vira Pumps
15.1.32. Waa Motors And Pumps Private Limited
15.1.33. Wilo SE
15.1.34. Xylem Inc.
15.2. Key Product Portfolio
16. Appendix
16.1. Discussion Guide
16.2. License & Pricing
List of Figures
FIGURE 1. SUBMERSIBLE PUMPS MARKET RESEARCH PROCESS
FIGURE 2. SUBMERSIBLE PUMPS MARKET SIZE, 2022 VS 2030
FIGURE 3. SUBMERSIBLE PUMPS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. SUBMERSIBLE PUMPS MARKET SIZE, BY REGION, 2022 VS 2030 (%)
FIGURE 5. SUBMERSIBLE PUMPS MARKET SIZE, BY REGION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 6. SUBMERSIBLE PUMPS MARKET DYNAMICS
FIGURE 7. SUBMERSIBLE PUMPS MARKET SIZE, BY TYPE, 2022 VS 2030 (%)
FIGURE 8. SUBMERSIBLE PUMPS MARKET SIZE, BY TYPE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 9. SUBMERSIBLE PUMPS MARKET SIZE, BY OPERATION, 2022 VS 2030 (%)
FIGURE 10. SUBMERSIBLE PUMPS MARKET SIZE, BY OPERATION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 11. SUBMERSIBLE PUMPS MARKET SIZE, BY POWER RATING, 2022 VS 2030 (%)
FIGURE 12. SUBMERSIBLE PUMPS MARKET SIZE, BY POWER RATING, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 13. SUBMERSIBLE PUMPS MARKET SIZE, BY DRIVE, 2022 VS 2030 (%)
FIGURE 14. SUBMERSIBLE PUMPS MARKET SIZE, BY DRIVE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 15. SUBMERSIBLE PUMPS MARKET SIZE, BY END USER, 2022 VS 2030 (%)
FIGURE 16. SUBMERSIBLE PUMPS MARKET SIZE, BY END USER, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 17. AMERICAS SUBMERSIBLE PUMPS MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 18. AMERICAS SUBMERSIBLE PUMPS MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 19. UNITED STATES SUBMERSIBLE PUMPS MARKET SIZE, BY STATE, 2022 VS 2030 (%)
FIGURE 20. UNITED STATES SUBMERSIBLE PUMPS MARKET SIZE, BY STATE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 21. ASIA-PACIFIC SUBMERSIBLE PUMPS MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 22. ASIA-PACIFIC SUBMERSIBLE PUMPS MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 23. EUROPE, MIDDLE EAST & AFRICA SUBMERSIBLE PUMPS MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 24. EUROPE, MIDDLE EAST & AFRICA SUBMERSIBLE PUMPS MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 25. SUBMERSIBLE PUMPS MARKET, FPNV POSITIONING MATRIX, 2022
FIGURE 26. SUBMERSIBLE PUMPS MARKET SHARE, BY KEY PLAYER, 2022

Companies Mentioned

  • Atlas Copco AB
  • C.R.I. Pumps Private Limited
  • Crompton Greaves Consumer Electricals Limited
  • Dooch Co., Ltd.
  • Ebara Corporation
  • Elpumps
  • Flowserve Corporation
  • Franklin Electric
  • General Electric Company
  • Grundfos Holding A/S
  • Halliburton Company
  • Havells India Ltd.
  • HCP Pump Manufacturer Co., Ltd.
  • HOMA Pumpenfabrik GmbH
  • Industrial Flow Solutions
  • Kirloskar Brothers Limited
  • KSB SE & Co. KGaA
  • Leo Group Pump (Zhejiang) Co., Ltd.
  • Lubi Industries LLP
  • Mody Pumps Inc.
  • Pleuger Industries
  • Polycab India Limited
  • Profil Pumps Corporation
  • Rafel Pump
  • SAER Elettropompe S.p.A.
  • Sulzer Ltd.
  • Söndgerath Pumpenhandels GmbH
  • The Gorman-Rupp Company
  • Tsurumi Manufacturing Co., Ltd.
  • V-Guard Industries Ltd.
  • Vira Pumps
  • Waa Motors And Pumps Private Limited
  • Wilo SE
  • Xylem Inc.

Methodology

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Table Information