Submersible Pumps Market Research Report – Forecast to 2023


Submersible Pumps Market Research Report: by Industry (Water & Wastewater, Oil & Gas, Agriculture & Irrigation, Construction, Mining, Others), by Well Type (Bore Well, Open Well), by Operation (Multi Stage, Single Stage), by Power Rating (High Power, Medium Power, Low Power), and Region – Forecast to 2023



Market analysis

Submersible pumps are utilized in siphoning liquids while being submerged in oil wells. They use impellers that push the liquid dynamically towards the top. The expansion in mining activities all around the world is probably going to be a key driver for the global submersible pumps market over the forecast period. The benefits of submersible pumps over the customary jet pumps are probably going to bring about expanding adoption of the former framework over the coming years. The higher proficiency offered by submersible siphons has a genuine effect in the mining and oil and gas segments, where drawing out all the liquid from a cavity is a fundamental procedure. Submersible pumps are likewise exceedingly utilized by all the major end-users. By the year 2023, the market is expected to reach the vaue of SD 14,127.2 million by augmenting at a CAGR of 5.57% during the forecast period (2018-2023).

Market segmentation

The global submersible pumps market based on its well type, is bifurcated into bore well and open well. On the basis of its operation, the market is segmented into multi-stage and single-stage. Based on its power rating, the market is divided into medium power, low power, and high power. On the basis of its end user, the market is segmented into agriculture and irrigation, water and wastewater, construction, oil and gas, mining, and others.

Regional analysis

Geographically, the global submersible pumps market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.

Major players

The Weir Group PLC (U.K.), Sulzer Ltd. (Switzerland), and Grundfos (Denmark), Tsurumi Manufacturing Co. Ltd. (Japan), EBARA CORPORATION (Japan), Atlas Copco AB (Sweden), among others are some of the major players in the global submersible pumps market.

Table of Contents

Table of Contents:

1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing mining activities
4.2.2 High Preference of Submersible Pumps
4.3 Restraints
4.3.1 Failure of Submersible Motors
4.4 Opportunities
4.4.1 Increasing Offshore Exploration and Subsea Activities
5 Market Factor Analysis
5.1 Supply Chain Analysis
5.1.1 Design and Development
5.1.2 Raw Material Supply
5.1.3 Component Manufacturing and Assembly
5.1.4 Supply and Distribution
5.1.5 End-Use
5.2 Porter’s Five Forces Model
5.2.1 Threat of New Entrants
5.2.2 Bargaining Power of Suppliers
5.2.3 Bargaining Power of Buyers
5.2.4 Threat of Substitutes
5.2.5 Rivalry
6 Global Submersible Pump Market, By Industry
6.1 Overview
6.2 Water & Wastewater
6.3 Agriculture & irrigation
6.4 Construction
6.5 Oil & Gas
6.6 Mining
6.7 Others
7 Global Submersible Pump Market, By Well Type
7.1 Overview
7.2 Bore Well
7.3 Open Well
8 Global Submersible Pump Market, By Operation
8.1 Overview
8.2 Multi Stage
8.3 Single Stage
9 Global Submersible Pump Market, By Power Rating
9.1 Overview
9.2 High Power
9.3 Medium Power
9.4 Low Power
10 Global Submersible Pump Market, By Region
10.1 Overview
10.2 North America
10.2.1 US US by Well Type US by Operation US by Power Rating US by Industry
10.2.2 Canada Canada by Well Type Canada by Operation Canada by Power Rating Canada by Industry
10.3 Europe
10.3.1 Germany Germany by Well Type Germany by Operation Germany by Power Rating Germany by Industry
10.3.2 UK UK by Well Type UK by Operation UK by Power Rating UK by Industry
10.3.3 France France by Well Type France by Operation France by Power Rating France by Industry
10.3.4 Italy Italy by Well Type Italy by Operation Italy by Power Rating Italy by Industry
10.3.5 Spain Spain by Well Type Spain by Operation Spain by Power Rating Spain by Industry
10.3.6 Rest of Europe Rest of Europe by Well Type Rest of Europe by Operation Rest of Europe by Power Rating Rest of Europe by Industry
10.4 Asia-Pacific
10.4.1 China China by Well Type China by Operation China by Power Rating China by Industry
10.4.2 India India by Well Type India by Operation India by Power Rating India by Industry
10.4.3 Japan Japan by Well Type Japan by Operation Japan by Power Rating Japan by Industry
10.4.4 Australia Australia by Well Type Australia by Operation Australia by Power Rating Australia by Industry
10.4.5 Rest of Asia-Pacific Rest of Asia-Pacific by Well Type Rest of Asia-Pacific by Operation Rest of Asia-Pacific by Power Rating Rest of Asia-Pacific by Industry
10.5 Rest of World
10.5.1 Middle East & Africa Middle East & Africa by Well Type Middle East & Africa by Operation Middle East & Africa by Power Rating Middle East & Africa by Industry
10.5.2 Latin America Latin America by Well Type Latin America by Operation Latin America by Power Rating Latin America by Industry
11 Competitive Landscape
12 Company Profiles
12.1 Xylem
12.1.1 Company Overview
12.1.2 Financial Overview
12.1.3 Products/Services Offered
12.1.4 Key Developments (2015–2018)
12.1.5 SWOT Analysis
12.1.6 Key Strategies
12.2 Grundfos
12.2.1 Company Overview
12.2.2 Financial Overview
12.2.3 Products/Services Offered
12.2.4 Key Developments (2015–2018)
12.2.5 SWOT Analysis
12.2.6 Key Strategies
12.3 KSB Group
12.3.1 Company Overview
12.3.2 Financial Overview
12.3.3 Products/Services Offered
12.3.4 Key Development (2015–2018)
12.3.5 SWOT Analysis
12.3.6 Key Strategies
12.4 Sulzer Ltd
12.4.1 Company Overview
12.4.2 Financial Overview
12.4.3 Products/Services Offered
12.4.4 Key Developments (2014–2018)
12.4.5 SWOT Analysis
12.4.6 Key Strategies
12.5 Flowserve Corporation
12.5.1 Company Overview
12.5.2 Financial Overview
12.5.3 Products/Services Offered
12.5.4 Key Developments (2014–2018)
12.5.5 SWOT Analysis
12.5.6 Key Strategies
12.6 The Weir Group PLC
12.6.1 Company Overview
12.6.2 Financial Overview
12.6.3 Products/Services Offered
12.6.4 Key Developments (2014–2018)
12.6.5 SWOT Analysis
12.6.6 Key Strategies
12.7.1 Company Overview
12.7.2 Financial Overview
12.7.3 Products/Services Offered
12.7.4 Key Developments (2014–2018)
12.7.5 SWOT Analysis
12.7.6 Key Strategies
12.8 Atlas Copco AB
12.8.1 Company Overview
12.8.2 Financial Overview
12.8.3 Products/Services Offered
12.8.4 Key Developments (2014–2018)
12.8.5 SWOT Analysis
12.8.6 Key Strategies
12.9 Tsurumi Manufacturing Co., Ltd.
12.9.1 Company Overview
12.9.2 Financial Overview
12.9.3 Products/Services Offered
12.9.4 Key Developments (2014–2018)
12.9.5 SWOT Analysis
12.9.6 Key Strategies
12.1 The Gorman-Rupp Company
12.10.1 Company Overview
12.10.2 Financial Overview
12.10.3 Products/Services Offered
12.10.4 Key Development (2014–2018)
12.10.5 SWOT Analysis
12.10.6 Key Strategies

Additional information


Geography Covered

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