Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), By Mode of Operation (Single Stage, Multi-Stage), By Power Rating (Low, Medium, High), By Type (Open Well, Borewell, Non-Clog), By Application (Water & Wastewater, Mining & Construction, Pulp & Paper, Energy & Power, Food & Beverages, Chemicals & Pharmaceuticals, Others) And Competitive Landscape
Product Code: ETC13150076 | Publication Date: Apr 2025 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 29 | |
According to 6Wresearch, the Global Submersible pumps Market was valued at approximately USD 15.6 billion in 2025 and is projected to reach USD 18.5 billion by 2031, growing at a CAGR of 6.2% during the forecast period of 2025-2031.
Report Name | Global Submersible pumps Market |
Forecast Period | 2025-2031 |
Market Size | USD 18.5 billion by 2031 |
CAGR | 6.2% |
Growing Sector | Water & Wastewater |
The Global Submersible pumps Market report thoroughly covers the market by regions, mode of operation, power rating, type, and application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Global Submersible pumps Market is anticipated to expand remarkably over the projection years of 2025-2031. Growing urban areas, coupled with increased infrastructure development and an international focus on controlled and systematic water use and its resources, promote sustainable investments in this sector. Moreover, enhanced industrial, agricultural, and municipal use of submersible pumps is also supporting this growth.
The global submersible pumps Market is projected to experience steady growth with a CAGR of 6.2% during the forecast period of 2025-2031. Several factors contribute to the robust expansion of the Global Submersible pumps market. One of the key drivers of the global submersible pumps market is the increasing urbanization. As more people move to cities, there is a greater demand for infrastructure development such as housing, commercial buildings, and public utilities. Submersible pumps are widely used in construction projects to pump out excess water from building sites or basements. This has led to a steady demand for submersible pumps from the construction industry, contributing to the market's growth.
However, there are some restraints in the Global Submersible pumps market that may hinder its growth. One major barrier is the high initial costs associated with submersible pump systems, which can be prohibitive for small-scale farmers and enterprises, especially in developing regions. Additionally, maintenance and repair of these systems require considerable expertise and resources, creating a barrier for end-users in underserved areas.
The Global Submersible pumps market is witnessing significant changes with new trends focusing on technological innovations and eco-friendly approaches. There is a growing adoption of energy-efficient design and emission control during manufacturing processes. Furthermore, there is an increased demand for automated submersible pumps, IoT monitoring for precision control and real-time error detection. The integration of other renewable energy sources, such as solar-powered submersible pumps, is another emerging trend driving the Global Submersible pumps market growth towards more environmentally conscious consumers and industries.
With a consistent upward trajectory, the Global Submersible pumps market presents numerous investment opportunities for stakeholders ranging from manufacturers to policymakers. The inclination toward smart pumping systems opens up investment avenues in the research and development of new technologies. Areas with active agricultural and municipal sectors present attractive potential due to increased demands for irrigation and water management infrastructure. Investments toward renewable energy integration, as well as capable, environmentally sustainable solutions, further promote the drive towards withdrawing from traditional energy sources.
The Global Submersible pumps market is dominated by key players well-known for their innovation, quality, and extensive distribution networks. Major players in the industry, like Grundfos, KSB SE, Xylem Inc., and Ebara Corporation, are solidifying their market presence by providing innovative solutions that cater to a diverse array of application needs. These players significantly influence the Global Submersible pumps market share, leveraging their expertise to explore untapped potential across emerging economies while adhering to global sustainability goals.
Governments have been implementing strict regulations to maintain the safe and efficient functioning of submersible pumps while lowering environmental impacts. Energy efficiency and sustaining manufacturers to adopt eco-friendly production practices have been major regulations influencing the Global Submersible pumps industry.
For example, the European Union Eco-design Directive has defined minimum standards of energy efficiency to be met by submersible pumps sold in the European market. Similarly, the U.S. Environmental Protection Agency (EPA) has implemented strict regulations on submersible pump manufacturers to reduce air and water pollution caused by their operations.
The future outlook of the Global Submersible pumps market is abundantly optimistic, driven by technological innovations and expanding application areas. The market is estimated to advance further in the next few years through investing in automation, smart systems, and solutions powered by renewable energy. Moreover, the focus on solving prevailing issues, along with proactive government policies, is expected to further propel the growth of the Global Submersible Pumps Market. Regions targeting on social-economic development goals alongside environmental sustainability will emerge as the new key contributors, creating promising futures for the industry and its stakeholders.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
Multi-stage pumps are expected to dominate this segment due to their widespread use in applications requiring high-pressure fluid transfer, such as deep-well extraction and industrial processes. Their ability to operate efficiently at significant depths makes them ideal for agricultural irrigation and municipal water systems.
Medium power-rated pumps are anticipated to dominate due to their versatility across applications such as residential water supply, agriculture, and small-scale industries.
The borewell submersible pumps segment is expected to retain its dominant position in the market. The primary drivers for this growth include their ability to pump water from significant depths, making them ideal for areas with declining groundwater levels.
The Water & Wastewater segment is expected to dominate the global submersible pumps market in the coming years. This anticipated dominance is driven by multiple factors, including the rising demand for improved water management systems and the growing investments in wastewater treatment infrastructure worldwide.
According to Dhaval, Research Manager, 6Wresearch, the Asia-Pacific region is predicted to lead market growth, primarily due to rapid urbanization, industrialization, and infrastructure development in countries like China and India. These countries are also experiencing substantial investments in renewable energy systems, where borewell pumps play a role in water resource management.
The Market Report includes the following segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Submersible pumps Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Submersible pumps Market Revenues & Volume, 2021 & 2031F |
3.3 Global Submersible pumps Market - Industry Life Cycle |
3.4 Global Submersible pumps Market - Porter's Five Forces |
3.5 Global Submersible pumps Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Submersible pumps Market Revenues & Volume Share, By Mode of Operation, 2021 & 2031F |
3.7 Global Submersible pumps Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.8 Global Submersible pumps Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.9 Global Submersible pumps Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Submersible pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Submersible pumps Market Trends |
6 Global Submersible pumps Market, 2021 - 2031 |
6.1 Global Submersible pumps Market, Revenues & Volume, By Mode of Operation, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Submersible pumps Market, Revenues & Volume, By Single Stage, 2021 - 2031 |
6.1.3 Global Submersible pumps Market, Revenues & Volume, By Multi-Stage, 2021 - 2031 |
6.2 Global Submersible pumps Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Submersible pumps Market, Revenues & Volume, By Low, 2021 - 2031 |
6.2.3 Global Submersible pumps Market, Revenues & Volume, By Medium, 2021 - 2031 |
6.2.4 Global Submersible pumps Market, Revenues & Volume, By High, 2021 - 2031 |
6.3 Global Submersible pumps Market, Revenues & Volume, By Type, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Submersible pumps Market, Revenues & Volume, By Open Well, 2021 - 2031 |
6.3.3 Global Submersible pumps Market, Revenues & Volume, By Borewell, 2021 - 2031 |
6.3.4 Global Submersible pumps Market, Revenues & Volume, By Non-Clog, 2021 - 2031 |
6.4 Global Submersible pumps Market, Revenues & Volume, By Application, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Submersible pumps Market, Revenues & Volume, By Water & Wastewater, 2021 - 2031 |
6.4.3 Global Submersible pumps Market, Revenues & Volume, By Mining & Construction, 2021 - 2031 |
6.4.4 Global Submersible pumps Market, Revenues & Volume, By Pulp & Paper, 2021 - 2031 |
6.4.5 Global Submersible pumps Market, Revenues & Volume, By Energy & Power, 2021 - 2031 |
6.4.6 Global Submersible pumps Market, Revenues & Volume, By Food & Beverages, 2021 - 2031 |
6.4.7 Global Submersible pumps Market, Revenues & Volume, By Chemicals & Pharmaceuticals, 2021 - 2031 |
6.4.8 Global Submersible pumps Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Submersible pumps Market, Overview & Analysis |
7.1 North America Submersible pumps Market Revenues & Volume, 2021 - 2031 |
7.2 North America Submersible pumps Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Submersible pumps Market, Revenues & Volume, By Mode of Operation, 2021 - 2031 |
7.4 North America Submersible pumps Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
7.5 North America Submersible pumps Market, Revenues & Volume, By Type, 2021 - 2031 |
7.6 North America Submersible pumps Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Submersible pumps Market, Overview & Analysis |
8.1 Latin America (LATAM) Submersible pumps Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Submersible pumps Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Submersible pumps Market, Revenues & Volume, By Mode of Operation, 2021 - 2031 |
8.4 Latin America (LATAM) Submersible pumps Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
8.5 Latin America (LATAM) Submersible pumps Market, Revenues & Volume, By Type, 2021 - 2031 |
8.6 Latin America (LATAM) Submersible pumps Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Submersible pumps Market, Overview & Analysis |
9.1 Asia Submersible pumps Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Submersible pumps Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Submersible pumps Market, Revenues & Volume, By Mode of Operation, 2021 - 2031 |
9.4 Asia Submersible pumps Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
9.5 Asia Submersible pumps Market, Revenues & Volume, By Type, 2021 - 2031 |
9.6 Asia Submersible pumps Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Submersible pumps Market, Overview & Analysis |
10.1 Africa Submersible pumps Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Submersible pumps Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Submersible pumps Market, Revenues & Volume, By Mode of Operation, 2021 - 2031 |
10.4 Africa Submersible pumps Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
10.5 Africa Submersible pumps Market, Revenues & Volume, By Type, 2021 - 2031 |
10.6 Africa Submersible pumps Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Submersible pumps Market, Overview & Analysis |
11.1 Europe Submersible pumps Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Submersible pumps Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Submersible pumps Market, Revenues & Volume, By Mode of Operation, 2021 - 2031 |
11.4 Europe Submersible pumps Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
11.5 Europe Submersible pumps Market, Revenues & Volume, By Type, 2021 - 2031 |
11.6 Europe Submersible pumps Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Submersible pumps Market, Overview & Analysis |
12.1 Middle East Submersible pumps Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Submersible pumps Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Submersible pumps Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Submersible pumps Market, Revenues & Volume, By Mode of Operation, 2021 - 2031 |
12.4 Middle East Submersible pumps Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
12.5 Middle East Submersible pumps Market, Revenues & Volume, By Type, 2021 - 2031 |
12.6 Middle East Submersible pumps Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Submersible pumps Market Key Performance Indicators |
14 Global Submersible pumps Market - Export/Import By Countries Assessment |
15 Global Submersible pumps Market - Opportunity Assessment |
15.1 Global Submersible pumps Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Submersible pumps Market Opportunity Assessment, By Mode of Operation, 2021 & 2031F |
15.3 Global Submersible pumps Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
15.4 Global Submersible pumps Market Opportunity Assessment, By Type, 2021 & 2031F |
15.5 Global Submersible pumps Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Submersible pumps Market - Competitive Landscape |
16.1 Global Submersible pumps Market Revenue Share, By Companies, 2024 |
16.2 Global Submersible pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |