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The submersible pump market is forecasted to grow by USD 6.23 billion during 2024-2029, accelerating at a CAGR of 4.7% during the forecast period. The report on the submersible pump market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid growth in construction sector, increased demand for wastewater treatment, and growth in shale oil production.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The submersible pump market is segmented as below:
By Type
- Electric
- Hydraulic
- Air-driven
By Application
- Borewell
- Openwell
By Power Rating
- 5 to 15 HP
- 1 to 5 HP
- Below 1 HP
- Above 15 HP
By Product Type
- Multi stage
- Single stage
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the submersible pump market covers the following areas:
- Submersible Pump Market sizing
- Submersible Pump Market forecast
- Submersible Pump Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by Application
10 Market Segmentation by Power Rating
5 to 15 HP - Market size and forecast 2024-2029
1 to 5 HP - Market size and forecast 2024-2029
11 Market Segmentation by Product Type
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global submersible pump market: Atlas Copco AB, Dharani Pumps and Motors, Dover Corp., Ebara Corp., Havells India Ltd., Kirloskar Brothers Ltd., KSB SE and Co. KGaA, Kubota Corp., Oswal Pumps Ltd., Poul Due Jensens Fond, Samudra Pumps India Pvt. Ltd., Shakti Pumps India Ltd., Shimge Pump Industry Group Co. Ltd., Sulzer Ltd., The Gorman Rupp Co., The Weir Group Plc, Tsurumi Manufacturing Co. Ltd., Wacker Neuson SE, Xylem Inc., and Zhejiang Doyin Technology Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing adoption of iot in oil and gas industry."
According to the report, one of the major drivers for this market is the rapid growth in construction sector.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Atlas Copco AB
- Dharani Pumps and Motors
- Dover Corp.
- Ebara Corp.
- Havells India Ltd.
- Kirloskar Brothers Ltd.
- KSB SE and Co. KGaA
- Kubota Corp.
- Oswal Pumps Ltd.
- Poul Due Jensens Fond
- Samudra Pumps India Pvt. Ltd.
- Shakti Pumps India Ltd.
- Shimge Pump Industry Group Co. Ltd.
- Sulzer Ltd.
- The Gorman Rupp Co.
- The Weir Group Plc
- Tsurumi Manufacturing Co. Ltd.
- Wacker Neuson SE
- Xylem Inc.
- Zhejiang Doyin Technology Co. Ltd.