Global Industrial Submersible Pumps Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Global Industrial Submersible Pumps Market is segmented by Drive Type (Electric, Hydraulic), By End-user (Water and Wastewater, Mining and Construction, Oil and Gas, Food and Beverage) and Geography.

Industrial Submersible Pumps Market Size

Industrial Submersible Pumps Market Size

Industrial Submersible Pumps Market Analysis

The Global Industrial Submersible Pumps Market is expected to register a CAGR of 5.76% during the forecast period.

  • The oil and gas industry dominates the market, mostly as a due to rising capital expenditure, sustaining or boosting well production, expanding the use of shale deposits, and increasing the creation of a lot of wastewater. The oil and gas industry is predicted to be dominated by North America.
  • The demand for industrial submersible pumps in many manufacturing and processing industries has been spurred by the demand for greater production efficiency. Food and beverage applications is analyzed to hold significant share and is analyzed to sustain the position during the forecast period owing to the signficant demand and investments in the sector. The submersible pumps are deployed in food and beverage manufacturing processes for cleaning, sanitizing, filling, brewing and so on.
  • In developed regions such as North America and Europe, wastewater and water treatment facilities are ageing and moving toward the end of their operating lifecycles. To avoid this situation, significant investments in reinstalling and upgrading the outdated infrastructure are needed. However, many developing nations lack appropriate access to clean drinking water and are only now developing new water infrastructure. Such efforts to update old infrastructure are certainly going to present a market opportunity for submersible pumps.
  • However this market has its share of challenges, including high maintenance and operating expenses and the erratic nature of oil and gas prices. These constraints prevent the market from expanding.
  • The COVID-19 pandemic had a detrimental effect on the market for submersible pumps. Economic contractions brought on by a cessation of investments from various end-use industries were the main cause of the slowdown.

Industrial Submersible Pumps Industry Overview

The Global Industrial Submersible Pumps Market is competitive with the presence of diverse firms of different sizes. This market is anticipated to encounter a number of partnerships, mergers, and acquisitions as organizations continue to invest strategically in offsetting the present slowdowns that they are experiencing. The market comprises key manufacturers including Baker Hughes Co., Schlumberger Limited, Halliburton Co., Weir Group PLC, Borets International Ltd. among others.

  • February 2022 - Tapflo introduced a new line of submersible pumps for industrial uses. The submersible pump series includes pumps for sludge and slurry containment, dewatering, and drainage of flat surfaces. All are designed for trouble-free pumping of spring, rain, and ground water, as well as water carrying sand and abrasives. They are also optimised for water containing suspended soft particles and fibrous components.

Industrial Submersible Pumps Market Leaders

  1. Baker Hughes Co.

  2. Schlumberger Limited

  3. Halliburton Co.

  4. Weir Group PLC

  5. Borets International Ltd

  6. *Disclaimer: Major Players sorted in no particular order
Baker Hughes Co., Schlumberger Limited, Halliburton Co., Weir Group PLC, Borets International Ltd
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Industrial Submersible Pumps Market News

  • January 2021- Atlas Copco Power and Flow has completed its WEDA electric submersible dewatering pump portfolio. The WEDA D dewatering family has been expanded, as has the WEDA S sludge family, which has also been expanded, and the wholly new WEDA L slurry family. 

Industrial Submersible Pumps Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definitions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Buyers/Consumers
    • 4.2.2 Bargaining Power of Suppliers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitute Products
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Industry Value Chain Analysis
  • 4.4 Assessment of the Impact of COVID -19 on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Growing Manufactruing Sector
    • 5.1.2 Upgradation of aging and construction of new water & wastewater treatment facilities
  • 5.2 Market Restraints
    • 5.2.1 High Maintenance Cost Over the Entire Lifespan is Challenging the Market Growth

6. MARKET SEGMENTATION

  • 6.1 By Drive Type
    • 6.1.1 Electric
    • 6.1.2 Hydraulic
    • 6.1.3 Others
  • 6.2 By End-users
    • 6.2.1 Water & Wastewater
    • 6.2.2 Mining & Construction
    • 6.2.3 Oil and Gas
    • 6.2.4 Food and Beverage
    • 6.2.5 Other End-users
  • 6.3 Geography
    • 6.3.1 North America
    • 6.3.1.1 United States
    • 6.3.1.2 Canada
    • 6.3.2 Europe
    • 6.3.2.1 United Kingdom
    • 6.3.2.2 Germany
    • 6.3.2.3 France
    • 6.3.2.4 Rest of Europe
    • 6.3.3 Asia-Pacific
    • 6.3.3.1 China
    • 6.3.3.2 India
    • 6.3.3.3 Japan
    • 6.3.3.4 Rest of Asia-Pacific
    • 6.3.4 Rest of the World
    • 6.3.4.1 Latin America
    • 6.3.4.2 Middle East and Africa

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Baker Hughes Co.
    • 7.1.2 Schlumberger Limited
    • 7.1.3 Halliburton Co.
    • 7.1.4 Weir Group PLC
    • 7.1.5 Borets International Ltd
    • 7.1.6 Grundfos Group
    • 7.1.7 The Gorman-Rupp Company
    • 7.1.8 Franklin Electric Co. Inc.
    • 7.1.9 Atlas Copco AB
    • 7.1.10 Ebara Corporation
  • *List Not Exhaustive

8. INVESTMENTS ANALYSIS

9. FUTURE TRENDS

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Industrial Submersible Pumps Industry Segmentation

Submersible pumps work by using the head of fluid to push it forward rather than pull it up. Global Industrial Submersible Pumps Market is segmented by Drive Type (Electric, Hydraulic), By Application (Water and Wastewater, Mining and Construction, Oil and Gas, Food and Beverage) and Geography.

By Drive Type Electric
Hydraulic
Others
By End-users Water & Wastewater
Mining & Construction
Oil and Gas
Food and Beverage
Other End-users
Geography North America United States
Canada
Europe United Kingdom
Germany
France
Rest of Europe
Asia-Pacific China
India
Japan
Rest of Asia-Pacific
Rest of the World Latin America
Middle East and Africa
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Industrial Submersible Pumps Market Research FAQs

What is the current Global Industrial Submersible Pumps Market size?

The Global Industrial Submersible Pumps Market is projected to register a CAGR of 5.76% during the forecast period (2025-2030)

Who are the key players in Global Industrial Submersible Pumps Market?

Baker Hughes Co., Schlumberger Limited, Halliburton Co., Weir Group PLC and Borets International Ltd are the major companies operating in the Global Industrial Submersible Pumps Market.

Which is the fastest growing region in Global Industrial Submersible Pumps Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Global Industrial Submersible Pumps Market?

In 2025, the North America accounts for the largest market share in Global Industrial Submersible Pumps Market.

What years does this Global Industrial Submersible Pumps Market cover?

The report covers the Global Industrial Submersible Pumps Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Global Industrial Submersible Pumps Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Global Industrial Submersible Pumps Industry Report

Statistics for the 2025 Global Industrial Submersible Pumps market share, size and revenue growth rate, created by Mordor Intelligenceā„¢ Industry Reports. Global Industrial Submersible Pumps analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Global Industrial Submersible Pumps Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)