The submersible pump market size was valued at USD 14.75 billion in 2024 and is expected to reach USD 23.07 billion by 2032, growing at a CAGR of 5.75% over the forecast period of 2025-2032.
The global submersible pump market is currently garnering significant development due to the increasing demand for the submersible pumps from different sectors like water & wastewater, mining, oil & gas, agriculture, and construction. The need for new technologies to improve performance and reduce operational costs is one of the major submersible pump market trends contributing to their demand, as energy-efficient products are gaining importance in various applications. High emphasis on water preservation, surge in infrastructure projects, and higher demand for wastewater management solutions are driving the market. Moreover, the inclination of end-users towards renewable energy-based submersible pumps, such as solar submersible pumps, is capturing attention.
Another profitable trend is ongoing advancements in pump designs featuring greater durability, corrosion-resistance, and simpler maintenance in the submersible pump industry. Electrical submersible pumps, grinder pumps, and effluent pumps are some of the well-known types of products, depending on the application features and performance. Moreover, in the last year, more than 2 million submersible pump units were installed worldwide due to increasing industrial and agricultural demand in the sector. Submersible Pump Market Growth remains complemented with these factors, where manufacturers are also increasing R&D investments and incorporating digital monitoring capabilities to adapt to changing needs of consumers and regulatory requirements worldwide.
In January 2025, Franklin Electric’s Pioneer Pump launched the Minetuff series of heavy-duty electric submersible pumps, designed for harsh dewatering tasks in mining and construction. The pumps, ranging from 8 hp to 140 hp, offer high durability, thermal overload protection, and adjustable hydraulics. They are compact, portable, and tested for extreme conditions, marking Pioneer Pump’s entry into the electric submersible segment.
Drivers
Rising Urbanization and Inadequate Wastewater Treatment Propel Demand for Submersible Pumps in Water Management Systems.
The growing demand for water and wastewater management is significantly driving the submersible pump market. Rapid urbanization and industrialization worldwide are putting immense pressure on water infrastructure, creating the need for efficient water supply, drainage, and sewage treatment systems. According to research, over 68% of the global population is expected to live in urban areas by 2050, escalating the demand for advanced water management solutions. Additionally, the World Bank reports that nearly 80% of wastewater globally is discharged without adequate treatment, highlighting the urgent need for effective pumping systems. Submersible pumps, known for their efficiency and low energy consumption, are increasingly used in municipal water utilities, sewage treatment plants, and industrial wastewater management facilities to address these growing challenges.
In July 2025, San Antonio Water System (SAWS) announced a USD 163 million upgrade for the Steven M. Clouse Water Recycling Center, focusing on new energy-efficient blowers, aeration basins, and electrical systems. The project aims to cut energy costs by over USD 1 million annually and extend plant operations through 2050, with completion expected by 2027.
Restraint
High Initial Costs and Maintenance Limit Submersible Pump Adoption Among Small-Scale Users
The submersible pump market is restrained by high initial cost and maintenance. The high price of these pumps due to their special design and motor systems, along with the use of stainless steel to withstand corrosion, forces a high upfront investment. In addition, it could be costly to put in, generally needing professionals. The pumps work underwater, leading to high maintenance costs as they tend to clog and are subject to wear and tear, corrosion, especially in mining and wastewater applications. Maintenance and repair are estimated to contribute 20% to 25% of the lifecycle cost for a pump, according to some industry estimates. Such a situation presents a hurdle to the users who want to use it on a small scale, particularly in the residential or agricultural sectors, where budget constraints limit the adoption of advanced pumping solutions, even if they lead to operating efficiencies.
By Capacity
The medium capacity segment dominated the market and accounted for 71.8% of the submersible pump market share. these pumps are popular because of their ideal combination of performance, price, and flexibility for many applications, including municipal water supply, industrial processes, and small-scale irrigation. Medium capacity pumps have the perfect power and pressure combination, which makes them ideal for either residential complexes or small-sized industries, with the demand for low to moderate water handling. The demand for these products remains driven by versatility, cost-effective, and installation ease, particularly in developing countries, which are witnessing massive infrastructure projects.
The high-capacity submersible pumps segment is expected to witness the fastest growth rate in the forecast period. The growth is attributed to the rising demand for high-power pumps from various end-use industries, including large-scale industrial processes, mining operations, and deep well pumping for irrigation. Designed for handling significant volumes at added pressures, high-capacity pumps are suitable for the most demanding applications, including dewatering for construction pits and deep well points and heavy-duty municipal applications. The need for pumps is further driven by rapid industrialization, urbanization, and smart city projects across the globe, especially in Asia-Pacific and the Middle East, thus fuelling the growth of the global sewage pumps market.
By Pump Type
Electrical Submersible Pumps (ESPs) held the largest market share of around 34% in 2024. This dominance is fueled by their increased use in oil & gas, water & wastewater treatment, and agricultural irrigation. ESPs are widely recognised for their high efficiency, long life, and high throughput fluid handling characteristics over traditional pumping technologies; therefore, ESPs are a preferred pumping technology for deep well and high-duty applications. In addition, increasing usage of automation and digital remote monitoring systems in these pumps is creating immense demand for lifting pumps, especially for large-scale water management and energy extraction projects.
Grinder Pumps are projected to register the highest growth rate in the submersible pump market. Ideal for professional usage in sewage or drainage systems for residential to commercial buildings, these pumps can handle solids and extreme wastewater conditions. Demand for these is rising due to the growing emphasis on sanitation and the deployment of novel wastewater treatment systems, including in the emerging economies. Besides, features like being compact, operational efficiency, and being clog-resistant also favor their requirement in-house as well as by municipal authorities, and boost their easy penetration as well.
By End-User
The water & wastewater segment dominated the submersible pump market in 2024 with a 32% market share. The demand for the global water sector is being driven by the growing urbanization, the enhanced government regulations striving toward the conservation of water, and, more importantly, the high investments in water infrastructure projects. Municipal utilities frequently achieve sewage management, groundwater extraction, and stormwater drainage using submersible pumps. Moreover, growth in demand for efficient water recycling and treatment solutions in residential, commercial, and industrial segments will further propel demand for these pumps in this segment.
The mining segment is expected to grow at the fastest rate within the submersible pump market. As the global mining industry grows due to a rise in the demand for metals and minerals, the need for effective water management solutions regarding dewatering operations continues to rise. They find multiple applications in mining, such as groundwater removal, slurry handling, and tailings management, among others. An increase in investment in mineral exploration projects, coupled with progressively stricter regulatory norms about mine safety and environmental compliance, is fostering the adoption of submersible pumps by companies operating in this sector, primarily in Latin America, Africa, and Australia.
Asia-Pacific dominates the global submersible pump market, holding around 48.00% share in 2024. The region is dominated by its well-established agricultural industry, along with a fast urbanization process and a huge industrial development. Large-scale infrastructure projects, from water and wastewater treatment plants, through mining, to construction in countries including China, India, Japan, and Southeast Asia, necessitate reliable pumping equipment. Government initiatives for rural water supply schemes, along with irrigation projects, are also supporting the demand for submersible pumps in the region. Additionally, Asia-Pacific generates high revenue in the submersible pump market due to the presence of a few prominent manufacturers and low production costs.
China dominates the Asia-Pacific submersible pump market, due to its rapid urbanization and in-progress massive industrial projects. Increased economic growth is fueled in part by the high demand for the country in agriculture, mining, and energy. Moreover, China is dominating the regional market due to its interest in industrial automation and energy-efficient technologies.
North America is the fastest-growing region in the submersible pump market, due to technological advancements and the increasing focus on energy-efficient pumping systems. Current developments of oil & gas exploration investments and rehabilitation of old water infrastructure are magnifying the oil & gas water treatment market growth. This regional expansion is led by the United States, where stringent environmental regulations promote efficient pumping technologies for industrial, municipal, and residential applications. Furthermore, rising groundwater extraction, flood management systems, and agricultural irrigation solutions are expected to drive sales. The region is followed by tightness innovations such as smart pumps, innovation such as smart pumps, remote, and increased market demand across a wide array of end-user industries.
The U.S. submersible pump market is projected to grow from USD 2.30 billion in 2024 to USD 3.72 billion by 2032, registering a CAGR of 6.17%. Growth is driven by rising infrastructure projects, water treatment needs, and demand for energy-efficient pumps. The U.S. holds the largest share of North America’s submersible pump market.
Europe holds a significant share of the submersible pump market, supported by well-established industrial sectors and strict environmental policies. Countries like Germany, France, Italy, and the UK are some of the prominent countries with high demand for submersible pumps in wastewater treatment and oil & gas, and mining industries. Sustainability and water preservation being the main focus in the region encourage the adoption of energy-efficient and environmentally friendly pump solutions. Aside from that, investments for modernizing ageing water infrastructure and expanding renewable energy projects are providing an impetus for steady market growth. Europe continues to be the dominant leader and a key contributor to the global revenues, primarily due to the period of technological advancement in the region and the presence of several leading pump manufacturers.
Submersible Pump Companies are Xylem, Zoeller Company, Sulzer Ltd, Kirloskar Brothers Limited, Wilo SE, Atlas Copco, Shakti Pumps, Hitachi Industrial Equipment Systems Co., Ltd., Crompton Greaves Consumer Electricals Limited, Tsurumi Pump
In March 2025, Sulzer launched its new Energy Optimization Service to enhance efficiency and reduce carbon emissions in industrial centrifugal pumps. The solution includes energy audits, retrofitting, and AI-based monitoring using its Blue Box platform. A pilot project in Spain improved pump efficiency from 72% to 83%, saving USD 1.08 million annually and cutting CO₂ emissions by 2,300 tonnes.
In May 2025, Zoeller Pump Company highlighted in its article how energy-efficient water pumps play a crucial role in sustainable building designs. It emphasized the use of advanced motors, variable frequency drives (VFDs), and IoT-enabled monitoring to reduce energy consumption, lower costs, and support green building certifications like LEED.
In January 2025, Sulzer participated in Wastewater 2025, held January 28–29 at the National Conference Centre in Birmingham, UK. Their stand (#31) showcased leading wastewater solutions, including the HST10 turbocompressor, BlueLinQ Pro controller, and ContraBlock Evo hydraulics for XFP pumps—designed to enhance efficiency, reliability, and operating cost savings in sewage and wastewater infrastructure.
Report Attributes | Details |
---|---|
Market Size in 2024 | USD 14.75 Billion |
Market Size by 2032 | USD 23.07 Billion |
CAGR | CAGR of 5.75% From 2025 to 2032 |
Base Year | 2024 |
Forecast Period | 2025-2032 |
Historical Data | 2021-2023 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Capacity (Low, Medium, High) • By Pump Type (Electrical Submersible Pumps, Grinder Pumps, Effluent Pumps, Bilge Pumps, Others) • By End-User (Residential & Commercial, Water & Wastewater, Mining, Agriculture, Oil & Gas, Chemicals, Construction, Others) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, Turkey, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Xylem, Zoeller Company, Sulzer Ltd, Kirloskar Brothers Limited, Wilo SE, Atlas Copco, Shakti Pumps, Hitachi Industrial Equipment Systems Co., Ltd., Crompton Greaves Consumer Electricals Limited, Tsurumi Pump, KSB Limited, Grundfos Holding A/S, Ebara Corporation. |
Ans: The Submersible Pump market is expected to grow at a CAGR of 5.75% from 2025-2032.
Ans: The Submersible Pump market was USD 14.75 billion in 2024 and is expected to reach USD 23.07 billion by 2032.
Ans: Rising Urbanization and Inadequate Wastewater Treatment Propel Demand for Submersible Pumps in Water Management Systems.
Ans: The “medium capacity” segment dominated the Submersible Pump market.
Ans: The Asia-Pacific region dominated the Submersible Pump market in 2024.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Manufacturing Output, by Region, (2020-2023)
5.2 Utilization Rates, by Region, (2020-2023)
5.3 Maintenance and Downtime Metrix
5.4 Technological Adoption Rates, by Region
5.5 Export/Import Data, by Region (2023)
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new Product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Submersible Pump Market Segmentation by Capacity
7.1 Chapter Overview
7.2 Low
7.2.1 Low Market Trends Analysis (2021-2032)
7.2.2 Low Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Medium
7.3.1 Medium Market Trends Analysis (2021-2032)
7.3.2 Medium Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 High
7.4.1 High Market Trends Analysis (2021-2032)
7.4.2 High Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Submersible Pump Market Segmentation by Pump Type
8.1 Chapter Overview
8.2 Electrical Submersible Pumps
8.2.1 Electrical Submersible Pumps Market Trend Analysis (2021-2032)
8.2.2 Electrical Submersible Pumps Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Grinder Pumps
8.3.1 Grinder Pumps Market Trends Analysis (2021-2032)
8.3.2 Grinder Pumps Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Effluent Pumps
8.3.1 Effluent Pumps Market Trends Analysis (2021-2032)
8.3.2 Effluent Pumps Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Bilge Pumps
8.5.1 Bilge Pumps Market Trends Analysis (2021-2032)
8.5.2 Bilge Pumps Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Others
8.6.1 Others Market Trends Analysis (2021-2032)
8.6.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Submersible Pump Market Segmentation by End-User
9.1 Chapter Overview
9.2 Residential & Commercial
9.2.1 Residential & Commercial Market Trends Analysis (2021-2032)
9.2.2 Residential & Commercial Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Water & Wastewater
9.3.1 Water & Wastewater Market Trends Analysis (2021-2032)
9.3.2 Water & Wastewater Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Mining
9.4.1 Mining Market Trends Analysis (2021-2032)
9.4.2 Mining Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 Agriculture
9.5.1 Agriculture Market Trends Analysis (2021-2032)
9.5.2 Agriculture Market Size Estimates and Forecasts to 2032 (USD Billion)
9.6 Oil & Gas
9.6.1 Oil & Gas Market Trends Analysis (2021-2032)
9.6.2 Oil & Gas Market Size Estimates and Forecasts to 2032 (USD Billion)
9.7 Chemicals
9.7.1 Chemicals Market Trends Analysis (2021-2032)
9.7.2 Chemicals Market Size Estimates and Forecasts to 2032 (USD Billion)
9.8 Construction
9.8.1 Construction Market Trends Analysis (2021-2032)
9.8.2 Construction Market Size Estimates and Forecasts to 2032 (USD Billion)
9.9 Others
9.9.1 Others Market Trends Analysis (2021-2032)
9.9.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Submersible Pump Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.2.3 North America Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.2.4 North America Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.2.5 North America Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.2.6.2 USA Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.2.6.3 USA Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.2.7.2 Canada Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.2.7.3 Canada Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.2.8.2 Mexico Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.2.8.3 Mexico Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.3 Europe
10.3.1 Trends Analysis
10.3.2 Europe Submersible Pump Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.3.3 Europe Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.3.4 Europe Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.3.5 Europe Submersible Pump Market Estimates and Forecasts, by End-User(2021-2032) (USD Billion)
10.3.6 Germany
10.3.1.6.1 Germany Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.3.1.6.2 Germany Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.3.1.6.3 Germany Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.3.7 France
10.3.7.1 France Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.3.7.2 France a Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.3.7.3 France Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.3.8 UK
10.3.8.1 UK Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.3.8.2 UK Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.3.8.3 UK Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.3.9 Italy
10.3.9.1 Italy Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.3.9.2 Italy Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.3.9.3 Italy Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.3.10 Spain
10.3.10.1 Spain Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.3.10.2 Spain Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.3.10.3 Spain Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.3.12 Poland
10.3.12.1 Poland Submersible Pump Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.3.12.1 Poland Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.3.12.3 Poland Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.3.12.3 Poland Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.3.13 Turkey
10.3.13.1 Turkey Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.3.13.2 Turkey Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.3.13.3 Turkey Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.3.14 Rest of Europe
10.3.14.1 Rest of Europe Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.3.14.2 Rest of Europe Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.3.14.3 Rest of Europe Submersible Pump Market Estimates and Forecasts, by End-User(2021-2032) (USD Billion)
10.4 Asia-Pacific
10.4.1 Trends Analysis
10.4.2 Asia-Pacific Submersible Pump Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.4.3 Asia-Pacific Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.4.4 Asia-Pacific Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.4.5 Asia-Pacific Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.4.6.2 China Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.4.6.3 China Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.4.7.2 India Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.4.7.3 India Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.4.8.2 Japan Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.4.8.3 Japan Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.4.9.2 South Korea Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.4.9.3 South Korea Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.4.10 Singapore
10.4.10.1 Singapore Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.4.10.2 Singapore Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.4.10.3 Singapore Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.4.11 Australia
10.4.11.1 Australia Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.4.11.2 Australia Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.4.11.3 Australia Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.4.12 Rest of Asia-Pacific
10.4.12.1 Rest of Asia-Pacific Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.4.12.2 Rest of Asia-Pacific Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.4.12.3 Rest of Asia-Pacific Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Trends Analysis
10.5.2 Middle East and Africa East Submersible Pump Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.5.3Middle East and Africa Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.5.4 Middle East and Africa Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.5.5 Middle East and Africa Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.5.6 UAE
10.5.6.1 UAE Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.5.6.2 UAE Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.5.6.3 UAE Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.5.7 Saudi Arabia
10.5.7.1 Saudi Arabia Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.5.7.2 Saudi Arabia Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.5.7.3 Saudi Arabia Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.5.8 Qatar
10.5.8.1 Qatar Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.5.8.2 Qatar Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.5.8.3 Qatar Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.5.9 South Africa
10.5.9 1 South Africa Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.5.9 2 South Africa Submersible Pump Market Estimates and Forecasts by Pump Type (2021-2032) (USD Billion)
10.5.9 3 South Africa Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.5.10 Rest of Middle East & Africa
10.5.10.1 Rest of Middle East & Africa Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.5.10.2 Rest of Middle East & Africa Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.5.10.3 Rest of Middle East & Africa Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Submersible Pump Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.6.3 Latin America Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.6.4 Latin America Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.6.5 Latin America Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.6.6.2 Brazil Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.6.6.3 Brazil Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.6.7.2 Argentina Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.6.7.3 Argentina Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
10.6.8 Rest of Latin America
10.6.8.1 Rest of Latin America Submersible Pump Market Estimates and Forecasts, by Capacity (2021-2032) (USD Billion)
10.6.8.2 Rest of Latin America Submersible Pump Market Estimates and Forecasts, by Pump Type (2021-2032) (USD Billion)
10.6.8.3 Rest of Latin America Submersible Pump Market Estimates and Forecasts, by End-User (2021-2032) (USD Billion)
12. Company Profiles
12.1 Xylem
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.2 Zoeller Company
12.2.1 Company Overview
12.2.2 Financial
12.2.3 Products/ Services Offered
12.2.4 SWOT Analysis
12.3 Sulzer Ltd
12.3.1 Company Overview
12.3.2 Financial
12.3.3 Products/ Services Offered
12.3.4 SWOT Analysis
12.4 Kirloskar Brothers Limited
12.4.1 Company Overview
12.4.2 Financial
12.4.3 Products/ Services Offered
12.4.4 SWOT Analysis
12.5 Wilo SE
12.5.1 Company Overview
12.5.2 Financial
12.5.3 Products/ Services Offered
12.5.4 SWOT Analysis
12.6 Atlas Copco
12.6.1 Company Overview
12.6.2 Financial
12.6.3 Products/ Services Offered
12.6.4 SWOT Analysis
12.7 Shakti Pumps
12.7.1 Company Overview
12.7.2 Financial
12.7.3 Products/ Services Offered
12.7.4 SWOT Analysis
12.8 Hitachi Industrial Equipment Systems Co., Ltd.
12.8.1 Company Overview
12.8.2 Financial
12.8.3 Products/ Services Offered
12.8.4 SWOT Analysis
12.9 Crompton Greaves Consumer Electricals Limited
12.9.1 Company Overview
12.9.2 Financial
12.9.3 Products/ Services Offered
12.9.4 SWOT Analysis
12.10 Tsurumi Pump
12.10.1 Company Overview
12.10.2 Financial
12.10.3 Products/ Services Offered
12.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Capacity
Low
Medium
High
By Pump Type
Electrical Submersible Pumps
Grinder Pumps
Effluent Pumps
Bilge Pumps
Others
By End-User
Residential & Commercial
Water & Wastewater
Mining
Agriculture
Oil & Gas
Chemicals
Construction
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Poland
Turkey
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
UAE
Saudi Arabia
Qatar
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players