The Submersible Pumps Market is projected to reach USD 15.81 billion by 2030 from USD 9.91 billion in 2022, at a CAGR of 6.00% during the forecast period.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Submersible Pumps Market.

  • Based on Type, market is studied across Bore Well and Open Well. The Open Well commanded largest market share of 67.90% in 2022, followed by Bore Well.

  • Based on Operation, market is studied across Multi-Stage and Single Stage. The Single Stage commanded largest market share of 70.61% in 2022, followed by Multi-Stage.

  • Based on Power Rating, market is studied across 1-5 HP, 5-15 HP, above 15 HP, and Below 1 HP. The 5-15 HP commanded largest market share of 42.11% in 2022, followed by 1-5 HP.

  • Based on Drive, market is studied across Electric, Hydraulic, and Pneumatic. The Electric commanded largest market share of 83.30% in 2022, followed by Hydraulic.

  • Based on End User, market is studied across Industrial and Municipal. The Industrial is further studied across Agriculture, Energy & Power, Mining & Construction, and Oil & Gas. The Municipal is further studied across Wastewater Management and Water Supply & Distribution. The Industrial commanded largest market share of 56.16% in 2022, followed by Municipal.

  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 37.13% in 2022, followed by Europe, Middle East & Africa.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Submersible Pumps Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Submersible Pumps Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

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., S?ndgerath 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..

The report offers valuable insights on the following aspects:

  1. Market Penetration: It provides comprehensive information about key players’ market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: 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 for the Submersible Pumps Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Submersible Pumps Market?
  3. What is the competitive strategic window for identifying opportunities in the Submersible Pumps Market?
  4. What are the latest technology trends and regulatory frameworks in the Submersible Pumps Market?
  5. What is the market share of the leading vendors in the Submersible Pumps Market?
  6. Which modes and strategic moves are suitable for entering the Submersible Pumps Market?