Table of Content

1 INTRODUCTION 30
1.1 STUDY OBJECTIVES 30
1.2 DEFINITION 30
1.3 INCLUSIONS & EXCLUSIONS 31
1.3.1 SUBMERSIBLE PUMPS MARKET, BY SECTOR: INCLUSIONS & EXCLUSIONS 31
1.4 MARKET SCOPE 31
1.4.1 MARKET SEGMENTATION 31
1.4.2 REGIONAL SCOPE 32
1.5 YEARS CONSIDERED 32
1.6 CURRENCY 32
1.7 LIMITATIONS 33
1.8 STAKEHOLDERS 33
1.9 SUMMARY OF CHANGES 33

2 RESEARCH METHODOLOGY 35
2.1 RESEARCH DATA 35
FIGURE 1 SUBMERSIBLE PUMPS MARKET: RESEARCH DESIGN 35
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 36
FIGURE 2 DATA TRIANGULATION METHODOLOGY 36
2.2.1 SECONDARY DATA 36
2.2.1.1 Key data from secondary sources 37
2.2.2 PRIMARY DATA 37
2.2.2.1 Breakdown of primaries 37
FIGURE 3 PRIMARY BREAKDOWN 38
2.3 SCOPE 38
2.4 MARKET SIZE ESTIMATION 39
2.4.1 BOTTOM-UP APPROACH 39
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 39
2.4.2 TOP-DOWN APPROACH 40
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 40
2.4.3 IDEAL DEMAND SIDE ANALYSIS 41
2.4.3.1 Assumptions for demand side analysis 41
2.4.3.2 Demand side calculation 41
2.4.4 SUPPLY SIDE ANALYSIS 42
FIGURE 6 MAIN METRICS CONSIDERED IN ASSESSING SUPPLY FOR SUBMERSIBLE PUMPS MARKET 42
2.4.4.1 Supply side calculation 42
2.4.4.2 Assumptions 42
FIGURE 7 MARKET RANKING & INDUSTRY CONCENTRATION, 2019 43
2.4.5 FORECAST 43
2.5 PRIMARY INSIGHTS 43

3 EXECUTIVE SUMMARY 44
3.1 SCENARIO ANALYSIS 44
FIGURE 8 SCENARIO ANALYSIS: SUBMERSIBLE PUMPS MARKET, 2018–2025 44
3.1.1 OPTIMISTIC SCENARIO 45
3.1.2 REALISTIC SCENARIO 45
3.1.3 PESSIMISTIC SCENARIO 46
TABLE 1 SUBMERSIBLE PUMPS MARKET SNAPSHOT 47
FIGURE 9 ASIA PACIFIC DOMINATED SUBMERSIBLE PUMPS MARKET IN 2019 48
FIGURE 10 ELECTRICAL SEGMENT TO CONTINUE TO HOLD LARGEST SHARE OF SUBMERSIBLE PUMPS MARKET, BY TYPE, DURING FORECAST PERIOD 48
FIGURE 11 OPEN PIT SEGMENT TO HOLD LARGEST SHARE OF SUBMERSIBLE PUMPS MARKET, BY APPLICATION, DURING FORECAST PERIOD 49
FIGURE 12 SINGLE-STAGE SEGMENT TO ACCOUNT FOR LARGER SHARE OF SUBMERSIBLE PUMPS MARKET, BY OPERATION, DURING FORECAST PERIOD 49
FIGURE 13 5–15 HP SEGMENT TO CONTINUE TO HOLD LARGER SHARE OF SUBMERSIBLE PUMPS MARKET, BY POWER RATING, DURING FORECAST PERIOD 50

4 PREMIUM INSIGHTS 51
4.1 ATTRACTIVE OPPORTUNITIES IN SUBMERSIBLE PUMPS MARKET 51
FIGURE 14 INCREASING INVESTMENTS IN UPGRADATION OF AGEING INDUSTRIAL INFRASTRUCTURE AND RAPID URBANIZATION TO DRIVE GROWTH OF SUBMERSIBLE PUMPS MARKET DURING 2020–2025 51
4.2 SUBMERSIBLE PUMPS MARKET, BY REGION 52
FIGURE 15 SUBMERSIBLE PUMPS MARKET IN ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 52
4.3 SUBMERSIBLE PUMPS MARKET IN ASIA PACIFIC, BY SECTOR & COUNTRY 52
FIGURE 16 INDUSTRIAL SECTOR AND CHINA HELD LARGEST SHARES OF SUBMERSIBLE PUMPS MARKET IN ASIA PACIFIC IN 2019 52
4.4 SUBMERSIBLE PUMPS MARKET, BY TYPE 53
FIGURE 17 ELECTRICAL SEGMENT TO CONTINUE TO DOMINATE SUBMERSIBLE PUMPS MARKET, BY TYPE, BY 2025 53
4.5 SUBMERSIBLE PUMPS MARKET, BY APPLICATION 53
FIGURE 18 OPEN PIT SEGMENT TO DOMINATE SUBMERSIBLE PUMPS MARKET,
BY APPLICATION, BY 2025 53
4.6 SUBMERSIBLE PUMPS MARKET, BY OPERATION 53
FIGURE 19 SINGLE-STAGE SEGMENT TO DOMINATE SUBMERSIBLE PUMPS MARKET,
BY OPERATION, BY 2025 53
4.7 SUBMERSIBLE PUMPS MARKET, BY POWER RATING 54
FIGURE 20 5–15 HP SEGMENT TO HOLD LARGEST SHARE OF SUBMERSIBLE PUMPS MARKET, BY POWER RATING, BY 2025 54
_
4.8 SUBMERSIBLE PUMPS MARKET, BY SECTOR 54
FIGURE 21 INDUSTRIAL SEGMENT TO HOLD LARGEST SHARE OF SUBMERSIBLE
PUMPS MARKET, BY SECTOR, BY 2025 54

5 MARKET OVERVIEW 55
5.1 INTRODUCTION 55
5.2 COVID-19 HEALTH ASSESSMENT 55
FIGURE 22 COVID-19 GLOBAL PROPAGATION 56
FIGURE 23 COVID-19 PROPAGATION IN SELECTED COUNTRIES 56
5.3 ROAD TO RECOVERY 57
FIGURE 24 RECOVERY ROAD FOR 2020 57
5.4 COVID-19 ECONOMIC ASSESSMENT 57
FIGURE 25 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020 58
5.5 MARKET DYNAMICS 58
FIGURE 26 SUBMERSIBLE PUMPS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 58
5.5.1 DRIVERS 59
5.5.1.1 Increasing investments in construction industry attributed to rapid urbanization 59
5.5.1.2 High demand for submersible pumps in agricultural sector 59
5.5.2 RESTRAINTS 59
5.5.2.1 Motor failure and high troubleshooting cost 59
FIGURE 27 PUMP LIFE CYCLE COST 59
5.5.3 OPPORTUNITIES 60
5.5.3.1 Adoption of solar-powered submersible pumps 60
5.5.3.2 Upgradation of aging and construction of new water & wastewater treatment facilities 60
5.5.4 CHALLENGES 60
5.5.4.1 High competition from local and regional players 60
5.5.4.2 Impact of COVID-19 on submersible pumps market 61
5.6 TARIFF AND REGULATORY LANDSCAPE 61
TABLE 2 CLEAN WATER ACT (CWA): REGULATORY PROGRAMS FOR WASTEWATER TREATMENT 61
5.7 YC SHIFT 62
5.7.1 REVENUE SHIFT & NEW REVENUE POCKETS FOR SUBMERSIBLE PUMP MANUFACTURERS 62
FIGURE 28 REVENUE SHIFT FOR SUBMERSIBLE PUMPS MARKET 62
5.8 MARKET MAP 62
FIGURE 29 ADJACENT AND INTERCONNECTED MARKETS 62
5.9 SUPPLY CHAIN ANALYSIS 63
FIGURE 30 SUBMERSIBLE PUMPS MARKET SUPPLY CHAIN ANALYSIS 63
5.9.1 RAW MATERIAL SUPPLIERS 63
5.9.2 MANUFACTURING 63
5.9.3 END USERS 63
5.10 TECHNOLOGY ANALYSIS 63
5.11 TRADE ANALYSIS 64
5.11.1 EXPORT DATA ANALYSIS 64
TABLE 3 EXPORT DATA: CENTRIFUGAL PUMPS, BY VALUE, 2019 64
5.11.2 IMPORT DATA ANALYSIS 65
TABLE 4 IMPORT DATA: CENTRIFUGAL PUMPS, BY VALUE, 2019 65
5.12 AVERAGE SELLING PRICE TREND 65
TABLE 5 AVERAGE SELLING PRICE FOR SUBMERSIBLE PUMPS 65
5.13 CASE STUDY ANALYSIS 66
5.13.1 INSTALLATION OF SUBMERSIBLE PUMPS INCREASED PUMPING EFFICIENCY AT SEPON COPPER MINE 66

6 IMPACT OF COVID-19 ON SUBMERSIBLE PUMPS MARKET, SCENARIO ANALYSIS, BY REGION 67
6.1 INTRODUCTION 67
6.2 OPTIMISTIC SCENARIO 67
TABLE 6 OPTIMISTIC SCENARIO: SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 67
6.3 REALISTIC SCENARIO 68
TABLE 7 REALISTIC SCENARIO: SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 68
6.4 PESSIMISTIC SCENARIO 69
TABLE 8 PESSIMISTIC SCENARIO: SUBMERSIBLE PUMPS MARKET, BY REGION, 2018–2025 (USD MILLION) 69

7 SUBMERSIBLE PUMPS MARKET, BY TYPE 70
7.1 INTRODUCTION 71
FIGURE 31 ELECTRICAL SEGMENT DOMINATED SUBMERSIBLE PUMPS MARKET IN 2019 71
TABLE 9 SUBMERSIBLE PUMPS MARKET, BY TYPE, 2018–2025 (USD MILLION) 71
7.2 ELECTRICAL 72
7.2.1 HIGH EFFICIENCY AND ABILITY TO SAVE PUMP’S ENERGY IS FUELING DEMAND FOR ELECTRICAL SUBMERSIBLE PUMPS 72
TABLE 10 ELECTRICAL: SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 72
TABLE 11 ELECTRICAL: SUBMERSIBLE PUMPS MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 72
7.3 HYDRAULIC 73
7.3.1 INCREASING DEMAND FOR UNATTENDED OPERATIONS TO BOOST DEMAND FOR HYDRAULIC SUBMERSIBLE PUMPS 73
TABLE 12 HYDRAULIC: SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 73
TABLE 13 HYDRAULIC: SUBMERSIBLE PUMPS MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 73
_
7.4 AIR-DRIVEN 74
7.4.1 GROWING USE OF SUBMERSIBLE PUMPS IN HAZARDOUS & RESTRICTED AREAS 74
TABLE 14 AIR-DRIVEN: SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 74
TABLE 15 AIR-DRIVEN: SUBMERSIBLE PUMPS MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 74
8 SUBMERSIBLE PUMPS MARKET, BY APPLICATION 75
8.1 INTRODUCTION 76
FIGURE 32 OPEN PIT SEGMENT DOMINATED SUBMERSIBLE PUMPS MARKET IN 2019 76
TABLE 16 SUBMERSIBLE PUMPS MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 76
8.2 OPEN PIT 77
8.2.1 HIGH EFFICIENCY AND INCREASING INVESTMENTS IN SEVERAL SECTORS TO DRIVE GROWTH OF OPEN PIT SEGMENT 77
TABLE 17 OPEN PIT: SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 77
TABLE 18 OPEN PIT: SUBMERSIBLE PUMPS MARKET, BY TYPE,
2018–2025 (USD MILLION) 78
TABLE 19 OPEN PIT: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 78
TABLE 20 OPEN PIT: SUBMERSIBLE PUMPS MARKET, BY USAGE,
2018–2025 (USD MILLION) 78
8.2.2 BY USAGE 79
8.2.2.1 Sewage 79
TABLE 21 SEWAGE: OPEN PIT SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 79
8.2.2.2 Dewatering 79
TABLE 22 DEWATERING: OPEN PIT SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 80
8.2.2.3 Transferring/pumping 80
TABLE 23 TRANSFERRING/PUMPING: OPEN PIT SUBMERSIBLE PUMPS MARKET,
BY REGION, 2018–2025 (USD MILLION) 80
8.3 BOREWELL 81
8.3.1 INCREASING DEMAND FOR ELECTRICAL SUBMERSIBLE PUMPS 81
TABLE 24 BOREWELL: SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 81
TABLE 25 BOREWELL: SUBMERSIBLE PUMPS MARKET, BY TYPE,
2018–2025 (USD MILLION) 81
TABLE 26 BOREWELL: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 82
_

9 SUBMERSIBLE PUMPS MARKET, BY OPERATION 83
9.1 INTRODUCTION 84
FIGURE 33 SINGLE-STAGE SEGMENT DOMINATED MARKET IN 2019 84
TABLE 27 SUBMERSIBLE PUMPS MARKET, BY OPERATION, 2018–2025 (USD MILLION) 84
9.2 SINGLE-STAGE 85
9.2.1 INCREASING INVESTMENTS IN SEWAGE TREATMENT TO DRIVE GROWTH OF SEGMENT 85
TABLE 28 SINGLE-STAGE: SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 85
9.3 MULTI-STAGE 85
9.3.1 HIGH PRESSURE RANGES OF MULTI-STAGE PUMPS TO INCREASE THEIR DEMAND 85
TABLE 29 MULTI-STAGE: SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 86

10 SUBMERSIBLE PUMPS MARKET, BY POWER RATING 87
10.1 INTRODUCTION 88
FIGURE 34 5–15 HP SUBMERSIBLE PUMP DOMINATED MARKET IN 2019 88
TABLE 30 SUBMERSIBLE PUMPS MARKET, BY POWER RATING,
2018–2025 (USD MILLION) 88
10.2 BELOW 1 HP 89
10.2.1 RISE IN DEMAND IN DOMESTIC SECTOR TO EXTRACT UNDERGROUND WATER 89
TABLE 31 BELOW 1 HP: SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 89
10.3 1–5 HP 89
10.3.1 HIGH OPERATING EFFICIENCY TO FUEL DEMAND FOR 1–5 HP SUBMERSIBLE PUMPS 89
TABLE 32 1–15 HP: SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 89
10.4 5–15 HP 90
10.4.1 RESISTANCE TO HIGH VOLTAGE FLUCTUATIONS IS FUELING THEIR DEMAND 90
TABLE 33 5–15 HP: SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 90
10.5 ABOVE 15 HP 91
10.5.1 HIGH EFFICIENCY AND RESISTANT TO CORROSION 91
TABLE 34 ABOVE 15 HP: SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 91

11 SUBMERSIBLE PUMPS MARKET, BY SECTOR 92
11.1 INTRODUCTION 93
FIGURE 35 INDUSTRIAL SECTOR DOMINATED SUBMERSIBLE PUMPS MARKET IN 2019 93
TABLE 35 SUBMERSIBLE PUMPS MARKET, BY SECTOR, 2018–2025 (USD MILLION) 93
11.2 INDUSTRIAL 94
11.2.1 INCREASING INVESTMENTS TO BOOST PRODUCTIVITY 94
TABLE 36 INDUSTRIAL: SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 94
TABLE 37 INDUSTRIAL: SUBMERSIBLE PUMPS MARKET, BY INDUSTRY,
2018–2025 (USD MILLION) 94
11.2.1.1 Water & wastewater 95
TABLE 38 WATER & WASTEWATER: SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 95
11.2.1.2 Mining & construction 95
TABLE 39 MINING & CONSTRUCTION: SUBMERSIBLE PUMPS MARKET, BY REGION, 2018–2025 (USD MILLION) 96
11.2.1.3 Energy & Power 96
TABLE 40 ENERGY & POWER: SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 96
11.2.1.4 Others 97
TABLE 41 OTHER: SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 97
11.3 AGRICULTURAL 97
11.3.1 GROWTH IN AGRICULTURAL PRODUCTION TO BOOST DEMAND FOR SUBMERSIBLE PUMPS 97
TABLE 42 AGRICULTURE: SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 97
11.4 DOMESTIC 98
11.4.1 INCREASING DEMAND FOR GROUNDWATER EXTRACTION 98
TABLE 43 DOMESTIC: SUBMERSIBLE PUMPS MARKET, BY REGION,
2018–2025 (USD MILLION) 98

12 SUBMERSIBLE PUMPS MARKET, BY REGION 99
12.1 INTRODUCTION 100
FIGURE 36 ASIA PACIFIC SUBMERSIBLE PUMPS MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 100
FIGURE 37 ASIA PACIFIC DOMINATED SUBMERSIBLE PUMPS MARKET IN 2019 100
TABLE 44 SUBMERSIBLE PUMPS MARKET, BY REGION, 2018–2025 (USD MILLION) 101
12.2 ASIA PACIFIC 101
FIGURE 38 SNAPSHOT OF ASIA PACIFIC SUBMERSIBLE PUMPS MARKET 102
12.2.1 BY TYPE 102
TABLE 45 ASIA PACIFIC: SUBMERSIBLE PUMPS MARKET, BY TYPE,
2018–2025 (USD MILLION) 102
12.2.1.1 Type, by application 103
TABLE 46 ASIA PACIFIC: ELECTRICAL SUBMERSIBLE PUMPS MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 103
TABLE 47 ASIA PACIFIC: HYDRAULIC SUBMERSIBLE PUMPS MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 103
TABLE 48 ASIA PACIFIC: AIR-DRIVEN SUBMERSIBLE PUMPS MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 103
12.2.2 APPLICATION 104
TABLE 49 ASIA PACIFIC: SUBMERSIBLE PUMPS MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 104
12.2.2.1 Application, by type 104
TABLE 50 ASIA PACIFIC: OPEN PIT SUBMERSIBLE PUMPS MARKET, BY TYPE,
2018–2025 (USD MILLION) 104
TABLE 51 ASIA PACIFIC: BOREWELL SUBMERSIBLE PUMPS MARKET, BY TYPE,
2018–2025 (USD MILLION) 104
12.2.2.2 Open pit, by usage 105
TABLE 52 ASIA PACIFIC: OPEN PIT SUBMERSIBLE PUMPS MARKET, BY USAGE,
2018–2025 (USD MILLION) 105
12.2.2.3 Application, by sector 105
TABLE 53 ASIA PACIFIC: OPEN PIT SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 105
TABLE 54 ASIA PACIFIC: BOREWELL SUBMERSIBLE PUMPS MARKET, BY SECTOR, 2018–2025 (USD MILLION) 105
12.2.3 BY SECTOR 106
TABLE 55 ASIA PACIFIC: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 106
TABLE 56 ASIA PACIFIC: SUBMERSIBLE PUMPS MARKET, BY INDUSTRY,
2018–2025 (USD MILLION) 106
12.2.4 BY OPERATION 106
TABLE 57 ASIA PACIFIC: SUBMERSIBLE PUMPS MARKET, BY OPERATION,
2018–2025 (USD MILLION) 106
12.2.5 BY POWER RATING 107
TABLE 58 ASIA PACIFIC: SUBMERSIBLE PUMPS MARKET, BY POWER RATING,
2018–2025 (USD MILLION) 107
12.2.6 BY COUNTRY 107
TABLE 59 ASIA PACIFIC: SUBMERSIBLE PUMPS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 107
12.2.6.1 China 108
12.2.6.1.1 Investments to increase power generation capacities driving market 108
12.2.6.1.2 By sector 108
TABLE 60 CHINA: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 108
12.2.6.2 India 109
12.2.6.2.1 Growth in industrialization along with government support policies to drive demand 109
12.2.6.2.2 By sector 110
TABLE 61 INDIA: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 110
12.2.6.3 Japan 110
12.2.6.3.1 Adoption of modern technologies to boost productivity likely to drive market demand 110
12.2.6.3.2 By sector 111
TABLE 62 JAPAN: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 111
_
12.2.6.4 Australia 111
12.2.6.4.1 Growth in water & wastewater treatment plants and agricultural productivity contributes toward market growth 111
12.2.6.4.2 By sector 112
TABLE 63 AUSTRALIA: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 112
12.2.6.5 Indonesia 112
12.2.6.5.1 Growth in water & wastewater treatment plants and agricultural productivity contributes toward market growth 112
12.2.6.5.2 By sector 112
TABLE 64 INDONESIA: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 112
12.2.6.6 Rest of Asia Pacific 113
12.2.6.6.1 By sector 113
TABLE 65 REST OF ASIA PACIFIC: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 113
12.3 NORTH AMERICA 113
FIGURE 39 SNAPSHOT OF NORTH AMERICA SUBMERSIBLE PUMPS MARKET 114
12.3.1 BY TYPE 114
TABLE 66 NORTH AMERICA: SUBMERSIBLE PUMPS MARKET, BY TYPE,
2018–2025 (USD MILLION) 114
12.3.1.1 Type, by application 115
TABLE 67 NORTH AMERICA: ELECTRICAL SUBMERSIBLE PUMPS MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 115
TABLE 68 NORTH AMERICA: HYDRAULIC SUBMERSIBLE PUMPS MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 115
TABLE 69 NORTH AMERICA: AIR-DRIVEN SUBMERSIBLE PUMPS MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 115
12.3.2 BY APPLICATION 116
TABLE 70 NORTH AMERICA: SUBMERSIBLE PUMPS MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 116
12.3.2.1 Application, by type 116
TABLE 71 NORTH AMERICA: OPEN PIT SUBMERSIBLE PUMPS MARKET, BY TYPE,
2018–2025 (USD MILLION) 116
TABLE 72 NORTH AMERICA: BOREWELL SUBMERSIBLE PUMPS MARKET, BY TYPE, 2018–2025 (USD MILLION) 116
12.3.2.2 Open pit, by usage 117
TABLE 73 NORTH AMERICA: OPEN PIT SUBMERSIBLE PUMPS MARKET, BY USAGE, 2018–2025 (USD MILLION) 117
12.3.2.3 Application, by sector 117
TABLE 74 NORTH AMERICA: OPEN PIT SUBMERSIBLE PUMPS MARKET, BY SECTOR, 2018–2025 (USD MILLION) 117
TABLE 75 NORTH AMERICA: BOREWELL SUBMERSIBLE PUMPS MARKET, BY SECTOR, 2018–2025 (USD MILLION) 117
12.3.3 BY SECTOR 118
TABLE 76 NORTH AMERICA: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 118
TABLE 77 NORTH AMERICA: SUBMERSIBLE PUMPS MARKET, BY INDUSTRY,
2018–2025 (USD MILLION) 118
12.3.4 BY OPERATION 118
TABLE 78 NORTH AMERICA: SUBMERSIBLE PUMPS MARKET, BY OPERATION,
2018–2025 (USD MILLION) 118
12.3.5 BY POWER RATING 119
TABLE 79 NORTH AMERICA: SUBMERSIBLE PUMPS MARKET, BY POWER RATING, 2018–2025 (USD MILLION) 119
12.3.6 BY COUNTRY 119
TABLE 80 NORTH AMERICA: SUBMERSIBLE PUMPS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 119
12.3.6.1 US 119
12.3.6.1.1 Modernization of aging industrial infrastructure to fuel demand for submersible pumps 119
12.3.6.1.2 By sector 120
TABLE 81 US: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 120
12.3.6.2 Canada 120
12.3.6.2.1 Strong presence of water & wastewater treatment facilities and mining industry drives demand 120
12.3.6.2.2 By sector 121
TABLE 82 CANADA: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 121
12.3.6.3 Mexico 121
12.3.6.3.1 Growing industrialization boosting market 121
12.3.6.3.2 By sector 122
TABLE 83 MEXICO: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 122
12.4 EUROPE 122
12.4.1 BY TYPE 123
TABLE 84 EUROPE: SUBMERSIBLE PUMPS MARKET, BY TYPE,
2018–2025 (USD MILLION) 123
12.4.1.1 Type, by application 123
TABLE 85 EUROPE: ELECTRICAL SUBMERSIBLE PUMPS MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 123
TABLE 86 EUROPE: HYDRAULIC SUBMERSIBLE PUMPS MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 124
TABLE 87 EUROPE: AIR-DRIVEN SUBMERSIBLE PUMPS MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 124
12.4.2 BY APPLICATION 124
TABLE 88 EUROPE: SUBMERSIBLE PUMPS MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 124
12.4.2.1 Application, by type 125
TABLE 89 EUROPE: OPEN PIT SUBMERSIBLE PUMPS MARKET, BY TYPE,
2018–2025 (USD MILLION) 125
TABLE 90 EUROPE: BOREWELL SUBMERSIBLE PUMPS MARKET, BY TYPE,
2018–2025 (USD MILLION) 125
12.4.2.2 Open pit, by usage 125
TABLE 91 EUROPE: OPEN PIT SUBMERSIBLE PUMPS MARKET, BY USAGE,
2018–2025 (USD MILLION) 125
12.4.2.3 Application, by sector 126
TABLE 92 EUROPE: OPEN PIT SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 126
TABLE 93 EUROPE: BOREWELL SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 126
12.4.3 BY SECTOR 126
TABLE 94 EUROPE: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 126
TABLE 95 EUROPE: SUBMERSIBLE PUMPS MARKET, BY INDUSTRY,
2018–2025 (USD MILLION) 127
12.4.4 BY OPERATION 127
TABLE 96 EUROPE: SUBMERSIBLE PUMPS MARKET, BY OPERATION,
2018–2025 (USD MILLION) 127
12.4.5 BY POWER RATING 127
TABLE 97 EUROPE: SUBMERSIBLE PUMPS MARKET, BY POWER RATING,
2018–2025 (USD MILLION) 127
12.4.6 BY COUNTRY 128
TABLE 98 EUROPE: SUBMERSIBLE PUMPS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 128
12.4.6.1 UK 128
12.4.6.1.1 Rising adoption of submersible pumps in industrial sector boost market growth 128
12.4.6.1.2 By sector 129
TABLE 99 UK: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 129
12.4.6.2 Germany 129
12.4.6.2.1 Growth in industrial sector due to strong R&D to drive market 129
12.4.6.2.2 By sector 130
TABLE 100 GERMANY: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 130
12.4.6.3 France 130
12.4.6.3.1 Increasing adoption of advanced technologies to boost productivity drives market demand 130
12.4.6.3.2 By sector 131
TABLE 101 FRANCE: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 131
12.4.6.4 Italy 131
12.4.6.4.1 Focus on innovative technologies primarily in water & wastewater treatment plants to drive demand 131
12.4.6.4.2 By sector 132
TABLE 102 ITALY: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 132
_
12.4.6.5 Netherlands 132
12.4.6.5.1 Infrastructural development for water & wastewater treatment facility to drive demand 132
12.4.6.5.2 By sector 132
TABLE 103 NETHERLANDS: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 132
12.4.6.6 Spain 133
12.4.6.6.1 Most territories experience dry climate, driving demand for submersible pumps 133
12.4.6.6.2 By sector 133
TABLE 104 SPAIN: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 133
12.4.6.7 Rest of Europe 133
12.4.6.7.1 By sector 134
TABLE 105 REST OF EUROPE: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 134
12.5 MIDDLE EAST & AFRICA 134
12.5.1 BY TYPE 135
TABLE 106 MIDDLE EAST & AFRICA: SUBMERSIBLE PUMPS MARKET, BY TYPE,
2018–2025 (USD MILLION) 135
12.5.1.1 Type, by application 135
TABLE 107 MIDDLE EAST & AFRICA: ELECTRICAL SUBMERSIBLE PUMPS MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 135
TABLE 108 MIDDLE EAST & AFRICA: HYDRAULIC SUBMERSIBLE PUMPS MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 135
TABLE 109 MIDDLE EAST & AFRICA: AIR-DRIVEN SUBMERSIBLE PUMPS MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 136
12.5.2 BY APPLICATION 136
TABLE 110 MIDDLE EAST & AFRICA: SUBMERSIBLE PUMPS MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 136
12.5.2.1 Application, by type 136
TABLE 111 MIDDLE EAST & AFRICA: OPEN PIT SUBMERSIBLE PUMPS MARKET,
BY TYPE, 2018–2025 (USD MILLION) 136
TABLE 112 MIDDLE EAST & AFRICA: BOREWELL SUBMERSIBLE PUMPS MARKET,
BY TYPE, 2018–2025 (USD MILLION) 137
12.5.2.2 Open pit, by usage 137
TABLE 113 MIDDLE EAST & AFRICA: OPEN PIT SUBMERSIBLE PUMPS MARKET,
BY USAGE, 2018–2025 (USD MILLION) 137
12.5.2.3 Application, by sector 137
TABLE 114 MIDDLE EAST & AFRICA: OPEN PIT SUBMERSIBLE PUMPS MARKET,
BY SECTOR, 2018–2025 (USD MILLION) 137
TABLE 115 MIDDLE EAST & AFRICA: BOREWELL SUBMERSIBLE PUMPS MARKET,
BY SECTOR, 2018–2025 (USD MILLION) 138
12.5.3 BY SECTOR 138
TABLE 116 MIDDLE EAST & AFRICA: SUBMERSIBLE PUMPS MARKET, BY SECTOR, 2018–2025 (USD MILLION) 138
TABLE 117 MIDDLE EAST & AFRICA: SUBMERSIBLE PUMPS MARKET, BY INDUSTRY, 2018–2025 (USD MILLION) 138
12.5.4 BY OPERATION 139
TABLE 118 MIDDLE EAST & AFRICA: SUBMERSIBLE PUMPS MARKET, BY OPERATION, 2018–2025 (USD MILLION) 139
12.5.5 BY POWER RATING 139
TABLE 119 MIDDLE EAST & AFRICA: SUBMERSIBLE PUMPS MARKET, BY POWER RATING, 2018–2025 (USD MILLION) 139
12.5.6 BY COUNTRY 140
TABLE 120 MIDDLE EAST & AFRICA: SUBMERSIBLE PUMPS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 140
12.5.6.1 Angola 140
12.5.6.1.1 Rise in exploration & activities to propel demand 140
12.5.6.1.2 By sector 141
TABLE 121 ANGOLA: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 141
12.5.6.2 Saudi Arabia 141
12.5.6.2.1 Government initiatives to meet rising power demand driving market 141
12.5.6.2.2 By sector 142
TABLE 122 SAUDI ARABIA: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 142
12.5.6.3 South Africa 142
12.5.6.3.1 Rapid industrialization and increasing power generation capacity drives market demand 142
12.5.6.3.2 By sector 143
TABLE 123 SOUTH AFRICA: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 143
12.5.6.4 UAE 143
12.5.6.4.1 Increasing investments in construction & water & wastewater industry to drive market 143
12.5.6.4.2 By sector 144
TABLE 124 UAE: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 144
12.5.6.5 Kuwait 144
12.5.6.5.1 Increasing investments in water & wastewater industry and oil & gas production to drive market 144
12.5.6.5.2 By sector 144
TABLE 125 KUWAIT: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 144
12.5.6.6 Qatar 145
12.5.6.6.1 Increasing investments in power sector to meet rising demand 145
12.5.6.6.2 By sector 145
TABLE 126 QATAR: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 145
_
12.5.6.7 Rest of Middle East & Africa 145
12.5.6.7.1 By sector 146
TABLE 127 REST OF MIDDLE EAST & AFRICA: SUBMERSIBLE PUMPS MARKET,
BY SECTOR, 2018–2025 (USD MILLION) 146
12.6 SOUTH AMERICA 146
12.6.1 BY TYPE 147
TABLE 128 SOUTH AMERICA: SUBMERSIBLE PUMPS MARKET, BY TYPE,
2018–2025 (USD MILLION) 147
12.6.1.1 Type, by application 147
TABLE 129 SOUTH AMERICA: ELECTRICAL SUBMERSIBLE PUMPS MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 147
TABLE 130 SOUTH AMERICA: HYDRAULIC SUBMERSIBLE PUMPS MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 147
TABLE 131 SOUTH AMERICA: AIR-DRIVEN SUBMERSIBLE PUMPS MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 148
12.6.2 BY APPLICATION 148
TABLE 132 SOUTH AMERICA: SUBMERSIBLE PUMPS MARKET, BY APPLICATION,
2018–2025 (USD MILLION) 148
12.6.2.1 Application, by type 148
TABLE 133 SOUTH AMERICA: OPEN PIT SUBMERSIBLE PUMPS MARKET, BY TYPE,
2018–2025 (USD MILLION) 148
TABLE 134 SOUTH AMERICA: BOREWELL SUBMERSIBLE PUMPS MARKET, BY TYPE, 2018–2025 (USD MILLION) 149
12.6.2.2 Open pit, by usage 149
TABLE 135 SOUTH AMERICA: OPEN PIT SUBMERSIBLE PUMPS MARKET, BY USAGE, 2018–2025 (USD MILLION) 149
12.6.2.3 Application, by sector 149
TABLE 136 SOUTH AMERICA: OPEN PIT SUBMERSIBLE PUMPS MARKET, BY SECTOR, 2018–2025 (USD MILLION) 149
TABLE 137 SOUTH AMERICA: BOREWELL SUBMERSIBLE PUMPS MARKET, BY SECTOR, 2018–2025 (USD MILLION) 150
12.6.3 BY SECTOR 150
TABLE 138 SOUTH AMERICA: SUBMERSIBLE PUMPS MARKET, BY SECTOR,
2018–2025 (USD MILLION) 150
TABLE 139 SOUTH AMERICA: SUBMERSIBLE PUMPS MARKET, BY INDUSTRY,
2018–2025 (USD MILLION) 150
12.6.4 BY OPERATION 151
TABLE 140 SOUTH AMERICA: SUBMERSIBLE PUMPS MARKET, BY OPERATION,
2018–2025 (USD MILLION) 151
12.6.5 BY POWER RATING 151
TABLE 141 SOUTH AMERICA: SUBMERSIBLE PUMPS MARKET, BY POWER RATING, 2018–2025 (USD MILLION) 151
12.6.6 BY COUNTRY 151
TABLE 142 SOUTH AMERICA: SUBMERSIB