Submersible Pumps - Global Strategic Business Report

Global Submersible Pumps Market to Reach $13.6 Billion by 2030

The global market for Submersible Pumps estimated at US$11.9 Billion in the year 2022, is projected to reach a revised size of US$13.6 Billion by 2030, growing at a CAGR of 1.7% over the analysis period 2022-2030. Bore-Well, one of the segments analyzed in the report, is projected to record 2.1% CAGR and reach US$10 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Open-Well segment is readjusted to a revised 0.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.2 Billion, While China is Forecast to Grow at 3.8% CAGR

The Submersible Pumps market in the U.S. is estimated at US$3.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2030 trailing a CAGR of 3.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.2% and 2.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 0% CAGR.

Select Competitors (Total 27 Featured) -

• Atlas Copco Group AB
• EBARA Corporation
• Flowserve Corporation
• General Electric Company
• Halliburton
• Itt Goulds Pumps
• Sulzer Ltd.
• The Gorman-Rupp Company
• Toyo Denki Industrial Co., Ltd.
• Tsurumi Manufacturing Co., Ltd.
• Walrus Pump Co., Ltd.
• WILO SE
• Xylem, Inc.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year