Submersible Pump Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Submersible Pump Market is Segmented by Type (Borewell Submersible Pump, Open-Well Submersible Pump, and Non-Clog Submersible Pump), Drive Type (Electric, Hydraulic, and Other Drive Types), Head (Below 50 M, Between 50 M To 100 M, and Above 100 M), End User (Water and Wastewater, Oil and Gas Industry, Mining and Construction Industry, and Other End Users), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The Market Size and Forecasts are Provided in Terms of Revenue (USD) for all the Above Segments.

Submersible Pump Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Submersible Pump Industry Overview

The market for submersible pumps remains to be fragmented. Some of the key players include (not in particular order) Borets International Ltd, Gorman-Rupp Co, Flowserve Corporation, Grundfos Group, and Sulzer Ltd., among others.

In March 2022, Flowserve Corporation signed an agreement with Gradiant to help handle the most challenging problems in water and wastewater treatment. This partnership is going to combine Flowserve’s flow control solutions and product expertise with Gradiant’s innovative, tailored water treatment technology to provide distinctive total water treatment solutions for customers. Flowserve also persists in upgrading its water portfolio with market-leading flow control products and solutions for the water industry. Recent accumulations include the H2O+ submersible pump, a suite of highly efficient pumps for desalination, and the RedRaven IoT platform.

Submersible Pump Market Leaders

  1. Borets International Ltd

  2. Flowserve Corporation

  3. Sulzer Limited

  4. Grundfos Group

  5. Gorman-Rupp Co

  6. *Disclaimer: Major Players sorted in no particular order
Submersible Pumps Market Concentration