Electric Submersible Pumps Market

Electric Submersible Pumps Market Size and Share Forecast Outlook 2025 to 2035

Electric submersible pumps market is projected to grow from USD 9.9 billion in 2025 to USD 17.0 billion by 2035, at a CAGR of 5.6%. Borewell Pumps will dominate with a 46.5% market share, while agriculture will lead the end use segment with a 25.7% share.

Electric Submersible Pumps Market Forecast and Outlook 2025 to 2035

The global electric submersible pumps market is projected to reach USD 17.0 billion by 2035, recording an absolute increase of USD 7.2 billion over the forecast period. The market is valued at USD 9.9 billion in 2025 and is set to rise at a CAGR of 5.6% during the assessment period.

The overall market size is expected to grow by nearly 1.7 times during the same period, supported by increasing demand for water infrastructure modernization and irrigation efficiency improvements, expanding municipal wastewater treatment requirements, and growing oil and gas production activities requiring reliable fluid extraction technologies globally.

Quick Stats for Electric Submersible Pumps Market

  • Electric Submersible Pumps Market Value (2025): USD 9.9 billion
  • Electric Submersible Pumps Market Forecast Value (2035): USD 17.0 billion
  • Electric Submersible Pumps Market Forecast CAGR: 5.6%
  • Leading Product in Electric Submersible Pumps Market: Borewell Pumps
  • Key Growth Regions in Electric Submersible Pumps Market: Asia Pacific, North America, and Europe
  • Top Players in Electric Submersible Pumps Market: Xylem Inc., Sulzer Ltd., KSB SE & Co. KGaA, Grundfos Holding A/S, Atlas Copco, Flowserve Corporation, Wilo SE, Homa Pump Technology, LEO Group Pump Co. Ltd., VANSAN Water Technologies

Electric Submersible Pumps Market Market Value Analysis

The water management and energy sectors face mounting pressure to optimize resource extraction and distribution while meeting stringent environmental standards, with electric submersible pump systems providing documented operational efficiency improvements of 30-45% compared to conventional surface pump alternatives. Rising agricultural mechanization and expanding urban water infrastructure development across emerging economies create substantial opportunities for pump manufacturers, engineering service providers, and specialized automation technology enterprises. However, high initial equipment costs and technical challenges in harsh operating environments may pose obstacles to market expansion.

The borewell pumps segment dominates market activity with a7oximately 46.5% share in 2025, driven by the extensive deployment for deep-well water extraction and agricultural groundwater irrigation requiring specialized submersible technologies and high-pressure pumping capabilities across rural and agricultural applications worldwide. Water utility operators and agricultural producers increasingly recognize the operational advantages of submersible pump systems, with typical energy cost reductions ranging from 25-35% through optimized motor efficiency and reduced mechanical losses.

Openwell pumps maintain a substantial 38.0% market share, serving irrigation operators and municipal drainage applications who require reliable water transfer solutions for surface water extraction and stormwater management. Openwell pumps demonstrate robust growth potential with 6.2% CAGR, driven by expanding irrigation infrastructure and municipal drainage system deployment. Agriculture emerges as the leading end-use category with 25.7% share, reflecting sustained demand for irrigation modernization and groundwater extraction capabilities across global farming operations.

Regional dynamics show Asia Pacific maintaining market leadership with 47.6% share in 2025, supported by extensive water infrastructure investment and comprehensive agricultural mechanization programs across China and India markets. North America demonstrates strong industrial activity with 23.5% share driven by oil and gas production recovery and wastewater treatment modernization.

Europe emphasizes energy-efficient pumping mandates and industrial retrofit requirements. China leads country-level growth at 6.7% CAGR through extensive water infrastructure development and agricultural mechanization initiatives, followed by India at 6.5% supported by groundwater irrigation expansion and smart water programs.

The competitive landscape features moderate concentration with Xylem Inc. holding 12.8% market share, while established players including Sulzer Ltd., KSB SE & Co. KGaA, and Grundfos Holding A/S compete through comprehensive product portfolios and advanced IoT-enabled pump technologies across diverse industrial and municipal applications.

Electric Submersible Pumps Market Year-over-Year Forecast 2025 to 2035

Between 2025 and 2030, the electric submersible pumps market is projected to expand from USD 9.9 billion to USD 13.0 billion, resulting in a value increase of USD 3.1 billion, which represents 43.1% of the total forecast growth for the period. This phase of development will be shaped by rising demand for agricultural irrigation modernization and groundwater extraction efficiency improvements, product innovation in smart pump technologies and IoT-enabled monitoring systems, as well as expanding integration with water management platforms and automated control infrastructure. Companies are establishing competitive positions through investment in specialized pump manufacturing capabilities, advanced motor technologies, and strategic market expansion across agriculture, municipal water utilities, and oil and gas applications.

From 2030 to 2035, the market is forecast to grow from USD 13.0 billion to USD 17.0 billion, adding another USD 4.1 billion, which constitutes 56.9% of the overall expansion. This period is expected to be characterized by the expansion of specialized pump applications, including advanced energy-efficient systems and next-generation smart monitoring solutions tailored for specific industrial and agricultural requirements, strategic collaborations between pump manufacturers and water utility operators, and an enhanced focus on sustainability standards and operational efficiency optimization. The growing emphasis on water conservation initiatives and industrial wastewater recycling programs will drive demand for comprehensive electric submersible pump solutions across diverse water management and industrial applications.

Electric Submersible Pumps Market Key Takeaways

Metric Value
Market Value (2025) USD 9.9 billion
Market Forecast Value (2035) USD 17.0 billion
Forecast CAGR (2025-2035) 5.6%

Why is the Electric Submersible Pumps Market Growing?

The electric submersible pumps market grows by enabling water utilities, agricultural operators, and industrial facilities to optimize fluid extraction and transfer operations while accessing advanced pumping technologies without substantial surface infrastructure requirements.

Water management organizations and agricultural producers face mounting pressure to improve operational efficiency and reduce energy consumption while managing complex extraction and distribution requirements, with electric submersible pump systems typically providing 30-45% operational efficiency improvement compared to surface-mounted alternatives, making submersible technology adoption essential for competitive water management positioning and resource optimization.

The global water infrastructure's need for reliable pumping solutions and application-specific fluid handling capabilities creates demand for comprehensive submersible pump systems that can provide superior operational reliability, maintain consistent performance standards, and ensure durable operation without compromising energy efficiency or maintenance cost metrics.

Government initiatives promoting water infrastructure modernization and agricultural irrigation efficiency drive adoption in municipal utilities, farming operations, and industrial applications, where pumping system performance has a direct impact on operational costs and resource conservation. The expanding wastewater treatment sector and growth of oil and gas production activities create specialized pumping demands requiring submersible configurations and high-pressure fluid extraction capabilities.

Capital investment constraints for advanced pump systems and the technical requirements for installation in challenging environments pose significant challenges, as electric submersible pumps demand specialized deployment equipment and proper well construction, potentially affecting installation costs and operational accessibility. Limited-service infrastructure in remote agricultural regions across different markets creates additional operational challenges for pump users, demanding ongoing investment in maintenance network development and technical support initiatives.

Segmental Analysis

The market is segmented by product, end use, and region. By product, the market is divided into borewell pumps, openwell pumps, and non-clog pumps. Based on end use, the market is categorized into agriculture, water & wastewater management, construction & building services, oil & gas, power generation, chemical, and others. Regionally, the market is divided into Asia Pacific, North America, Europe, Latin America, and Middle East & Africa.

What makes Borewell Pumps the Dominant Product Category?

Electric Submersible Pumps Market Analysis By Product

The borewell pumps segment represents the dominant force in the electric submersible pumps market, capturing a7oximately 46.5% of total market share in 2025. This established product category encompasses solutions featuring deep-well submersible systems and high-pressure extraction technologies, including specialized multi-stage designs and corrosion-resistant configurations that enable superior water extraction benefits and operational reliability across all agricultural and municipal groundwater applications.

The borewell pumps segment's market leadership stems from its critical role in groundwater access and agricultural irrigation support, with solutions capable of addressing diverse depth requirements while maintaining consistent pressure delivery standards and energy efficiency characteristics across all well deployment environments.

The openwell pumps segment maintains a substantial 38.0% market share, serving irrigation operators and municipal drainage systems who require surface water extraction solutions with reliable flood management and stormwater handling capabilities for agricultural and urban drainage applications.

The non-clog pumps segment holds 15.5% share, focused on wastewater handling and industrial slurry applications requiring solids-handling capabilities. The openwell pumps segment demonstrates strong growth trajectory with a CAGR of 6.2% from 2025 to 2035, driven by expanding irrigation infrastructure modernization and municipal drainage system deployment requirements.

Which End Use Category Makes Maximum Use of Electric Submersible Pumps?

Electric Submersible Pumps Market Analysis By End Use

Agriculture dominates the electric submersible pumps market with a7oximately 25.7% end-use share in 2025, reflecting the fundamental importance of irrigation pumping systems supporting crop production requirements and groundwater extraction capabilities driving agricultural productivity worldwide. The agriculture segment's market leadership is reinforced by increasing irrigation efficiency demands, agricultural mechanization trends, and rising needs for reliable groundwater access across crop production regions in developed and emerging agricultural markets.

The water & wastewater management segment represents the fastest-growing end-use category, demonstrating a CAGR of 6.5% from 2025 to 2035 through specialized requirements for municipal treatment facility operations, industrial wastewater recycling programs, and direct integration with water infrastructure modernization initiatives.

This segment benefits from growing environmental compliance demand that requires specific treatment process capabilities, water quality monitoring protocols, and sustainable water management technologies in municipal and industrial markets. Water & wastewater management commands 23.5% segment share, driven by industrial recycling requirements and municipal infrastructure investment programs.

Construction & building services maintains 16.3% share through dewatering and HVAC system applications, oil & gas holds 14.8% share serving production fluid extraction requirements, power generation accounts for 10.2% through cooling water circulation needs, chemical segment represents 5.5% serving process fluid management, while others category encompasses 4.0% serving specialized industrial applications.

What are the Drivers, Restraints, and Key Trends of the Electric Submersible Pumps Market?

The market is driven by three concrete demand factors tied to water management outcomes. First, water infrastructure modernization requirements and irrigation efficiency mandates create increasing demand for advanced submersible pump systems, with global water scarcity challenges representing significant operational concerns for agricultural and municipal sectors worldwide, requiring optimized extraction technologies. Second, government initiatives promoting agricultural mechanization and municipal infrastructure investment drive increased adoption of electric submersible pump technologies, with many countries implementing water conservation programs and irrigation efficiency standards for sustainable resource management by 2030. Third, technological advancements in variable frequency drives and IoT-enabled monitoring systems enable more efficient and intelligent pumping solutions that improve operational performance while reducing energy consumption and enabling predictive maintenance capabilities.

Market restraints include high initial capital requirements for submersible pump systems and installation equipment that can challenge market participants in achieving cost-effective water management solutions, particularly in regions where financing options for agricultural infrastructure remain limited and uncertain. Technical complexity of deep-well installation and maintenance access requirements pose another significant challenge, as electric submersible pumps demand specialized deployment procedures and proper well completion designs, potentially affecting installation success rates and long-term reliability. Harsh operating environment challenges including sand abrasion, chemical corrosion, and high-temperature conditions across different applications create additional durability challenges for pump manufacturers, demanding ongoing investment in materials engineering and protective coating development initiatives.

Key trends indicate accelerated adoption in Asia-Pacific markets, particularly China and India, where water infrastructure investment and agricultural irrigation expansion drive comprehensive electric submersible pump deployment. Technology integration trends toward smart pump systems with real-time performance monitoring, advanced energy-efficient motor designs, and integrated predictive maintenance platforms enable optimized operational a7oaches that maximize pump life and minimize energy costs. However, the market thesis could face disruption if significant advances in alternative water extraction technologies or major changes in groundwater management policies reduce reliance on traditional submersible pump systems.

Analysis of the Electric Submersible Pumps Market by Key Countries

Electric Submersible Pumps Market Cagr Analysis By Country

Country CAGR (2025-2035)
China 6.7%
India 6.5%
USA 6.3%
Brazil 6.2%
Germany 5.9%
UK 5.8%
Japan 5.5%

The global electric submersible pumps market is expanding steadily, with China leading at a 6.7% CAGR through 2035, driven by extensive water infrastructure investment, agricultural mechanization programs, and comprehensive urban expansion initiatives. India follows at 6.5%, supported by groundwater irrigation modernization, smart water management programs, and expanding rural electrification infrastructure. The USA records 6.3%, anchored by oil and gas production recovery, municipal wastewater treatment modernization, and agricultural irrigation efficiency improvements.

Brazil grows at 6.2%, reflecting strong development landscape with growing integration in oil and gas operations and municipal wastewater infrastructure projects. Germany advances at 5.9%, leveraging energy-efficient pumping mandates and industrial facility retrofit requirements. UK posts 5.8%, focusing on replacement demand from construction sector and water utility infrastructure upgrades, while Japan grows steadily at 5.5%, emphasizing municipal infrastructure modernization and precision-engineered pump technology demand.

How does China Lead in the Global Electric Submersible Pumps Market?

China demonstrates the strongest growth potential in the electric submersible pumps market with a CAGR of 6.7% through 2035. The country's leadership position stems from extensive water infrastructure development programs, comprehensive agricultural mechanization initiatives, and rapid urban expansion driving the adoption of advanced submersible pumping solutions.

Growth is concentrated in major agricultural production regions and urban development zones, including Hebei, Henan, Shandong, and Jiangsu, where agricultural operators and municipal water utilities are implementing modern pump systems for enhanced irrigation efficiency and water supply reliability.

Distribution channels through agricultural equipment dealers and municipal infrastructure contractors expand deployment across farming operations and urban water management initiatives. The country's Ministry of Water Resources provides policy support for water infrastructure modernization, including comprehensive irrigation efficiency programs.

Key market factors:

  • Agricultural production concentrated in northern plains and eastern coastal provinces with comprehensive irrigation infrastructure programs
  • Government support through water conservation initiatives and agricultural modernization incentives
  • Comprehensive pump supply ecosystem, including established manufacturers with proven installation capabilities
  • Technology integration featuring advanced variable frequency drive systems, smart monitoring platforms, and energy optimization technologies

What Factors Contribute to India’s Expanding Presence in the Electric Submersible Pumps Landscape?

In major agricultural production states and urban centers including Punjab, Haryana, Maharashtra, and Tamil Nadu, the adoption of comprehensive electric submersible pump solutions is accelerating across groundwater irrigation systems and municipal water supply initiatives, driven by agricultural intensification requirements and smart water management program implementation.

The market demonstrates strong growth momentum with a CAGR of 6.5% through 2035, linked to comprehensive irrigation infrastructure expansion and increasing focus on groundwater management and water use efficiency. Indian farmers are implementing advanced submersible pump systems and automated control technologies to enhance irrigation reliability while meeting growing demand in expanding agricultural production and urban water supply sectors. The country's Pradhan Mantri Krishi Sinchayee Yojana initiatives create ongoing demand for irrigation pumps, while increasing emphasis on energy-efficient agriculture drives adoption of modern pumping technologies.

Key development areas:

  • Agricultural operations and municipal water utilities leading submersible pump adoption with comprehensive irrigation modernization programs
  • Equipment distribution channels providing integrated solutions with high operational efficiency rates
  • Technology partnerships between international pump manufacturers and Indian agricultural equipment suppliers expanding market reach
  • Integration of smart control platforms and comprehensive water management systems

How will the Electric Submersible Pumps Market in the USA Expand?

Electric Submersible Pumps Market Country Value Analysis

USA market expansion is driven by diverse pumping demand, including oil and gas production fluid extraction in major energy regions and comprehensive municipal wastewater treatment modernization across multiple metropolitan areas. The country demonstrates strong growth potential with a CAGR of 6.3% through 2035, supported by shale oil production recovery and Environmental Protection Agency water quality standards.

American operators face implementation challenges related to equipment selection for specific applications and support requirements from specialized service providers. However, growing energy production activity and aging water infrastructure replacement needs create compelling business cases for electric submersible pump adoption, particularly in oil and gas applications where reliable fluid extraction has a direct impact on production economics and operational efficiency.

Market characteristics:

  • Oil and gas production and municipal wastewater segments showing robust growth with substantial annual increase in submersible pump deployment
  • Regional expansion trends focused on shale production regions and major metropolitan water infrastructure modernization
  • Future projections indicate the need for advanced monitoring infrastructure and specialized technical training programs
  • Growing emphasis on energy efficiency and predictive maintenance competitiveness in industrial and municipal operations

How is the Need for Energy Efficiency driving Electric Submersible Pumps Demand in Germany?

The market in Germany leads in advanced electric submersible pump innovation based on integration with energy management systems and precision motor control technologies for enhanced operational efficiency. The country shows strong potential with a CAGR of 5.9% through 2035, driven by the implementation of EU energy efficiency directives and the expansion of industrial facility retrofit programs in major manufacturing regions, including North Rhine-Westphalia, Bavaria, Baden-Württemberg, and Lower Saxony.

German industrial facilities are adopting intelligent pump systems for energy optimization and operational cost reduction, particularly in regions with advanced environmental regulations and industrial applications demanding comprehensive efficiency standards. Technology deployment channels through established industrial equipment suppliers and engineering service providers expand coverage across manufacturing facilities and municipal infrastructure projects.

Leading market segments:

  • Industrial manufacturing facilities and municipal utilities in major urban centers implementing comprehensive pump system efficiency upgrades
  • Equipment partnerships with engineering service providers, achieving high energy savings improvement rates
  • Strategic collaborations between international pump manufacturers and German industrial operators expanding market presence
  • Focus on variable frequency drive systems and specialized energy management requirements

How will the Electric Submersible Pumps Market in the UK be Influenced amid Infrastructure Replacement Initiatives?

In London, Manchester, Birmingham, and other major urban centers, water utilities and construction contractors are implementing comprehensive electric submersible pump solutions to modernize aging infrastructure and improve operational reliability, with documented case studies showing substantial improvement in pumping efficiency through advanced system integration.

The market shows strong growth potential with a CAGR of 5.8% through 2035, linked to the ongoing replacement of aging water infrastructure, construction sector dewatering requirements, and emerging municipal drainage projects in major regions.

Water utilities are adopting advanced submersible pump systems and remote monitoring platforms to enhance system reliability while maintaining standards demanded by the water quality regulator and construction industry. The country's established water infrastructure creates ongoing demand for equipment replacement solutions that integrate with existing utility management systems.

Market development factors:

  • Water utilities and construction contractors leading submersible pump replacement initiatives across UK
  • Water industry regulation programs providing investment framework support for infrastructure modernization and efficiency upgrades
  • Strategic partnerships between British utilities and international pump manufacturers expanding technical capabilities
  • Emphasis on system reliability improvement and predictive maintenance across water infrastructure applications

How does Japan Show Technology Leadership in the Electric Submersible Pumps Market?

Electric Submersible Pumps Market Japan Market Share Analysis By Product

Japan's electric submersible pumps market demonstrates sophisticated implementation focused on reliability excellence and precision engineering optimization, with documented integration of advanced quality control systems, achieving substantial improvement in operational durability across municipal water utilities and industrial facilities.

The country maintains steady growth momentum with a CAGR of 5.5% through 2035, driven by municipal infrastructure programs' emphasis on quality assurance and continuous performance improvement methodologies that align with Japanese engineering standards applied to pump operations.

Major urban regions, including Tokyo, Osaka, Nagoya, and Fukuoka, showcase advanced deployment of submersible pump systems where pumping equipment integrates seamlessly with existing water infrastructure and comprehensive utility management programs.

Key market characteristics:

  • Municipal water utilities and industrial facilities driving submersible pump requirements with emphasis on reliability and precision engineering excellence
  • Quality partnerships enabling high operational compliance with comprehensive infrastructure performance standards
  • Technology collaboration between Japanese pump companies and international manufacturers expanding market capabilities
  • Emphasis on municipal modernization requirements and continuous reliability optimization methodologies

How will a Flourishing Oil & Gas Industry generate Demand for Electric Submersible Pumps in Brazil?

In major oil production regions and metropolitan centers including Rio de Janeiro, São Paulo, Espírito Santo, and Bahia, the adoption of modern electric submersible pump solutions is expanding across offshore oil production facilities and municipal wastewater treatment initiatives, driven by pre-salt oil field development and urban infrastructure growth. The market demonstrates strong growth potential with a CAGR of 6.2% through 2035, linked to comprehensive oil and gas production expansion and increasing focus on municipal wastewater infrastructure development.

Brazilian energy operators are implementing advanced submersible pump systems and production optimization platforms to enhance fluid extraction efficiency while meeting growing demand in expanding offshore production and urban water treatment sectors. The country's oil production growth initiatives create ongoing demand for specialized pumps, while increasing emphasis on sanitation infrastructure drives adoption of wastewater pumping technologies.

Key development areas:

  • Oil and gas operators and municipal utilities leading submersible pump adoption with comprehensive production optimization programs
  • Equipment distribution channels providing integrated solutions with expanding offshore installation capabilities
  • Technology partnerships between international pump manufacturers and local energy companies expanding market reach
  • Integration of production monitoring platforms and comprehensive fluid management systems

Europe Market Split by Country

Electric Submersible Pumps Market Europe Country Market Share Analysis, 2025 & 2035

The electric submersible pumps market in Europe is projected to grow from USD 2.0 billion in 2025 to USD 3.4 billion by 2035, registering a CAGR of 5.8% over the forecast period. Germany is expected to maintain its leadership position with a 34.5% market share in 2025, declining slightly to 33.8% by 2035, supported by its extensive industrial infrastructure, advanced energy efficiency networks, and comprehensive municipal water utility systems serving major European markets.

UK follows with a 21.0% share in 2025, projected to reach 21.4% by 2035, driven by comprehensive water infrastructure replacement programs in major urban regions implementing advanced submersible pump and monitoring systems. France holds a 18.5% share in 2025, expected to maintain 18.2% by 2035 through the ongoing development of agricultural irrigation facilities and municipal water supply networks.

Italy commands a 13.0% share, while Spain accounts for 8.0% in 2025. The rest of Europe is anticipated to gain momentum, expanding its collective share from 5.0% to 6.6% by 2035, attributed to increasing electric submersible pump adoption in Nordic countries and emerging Eastern European water infrastructure facilities implementing modernization programs.

Competitive Landscape of the Electric Submersible Pumps Market

Electric Submersible Pumps Market Analysis By Company

The electric submersible pumps market features a7oximately 15-20 meaningful players with moderate concentration, where the top three companies control roughly 33-37% of global market share through established product portfolios and extensive distribution networks. Competition centers on pump efficiency and reliability, IoT integration capabilities, and application-specific engineering services rather than price competition alone.

Market leaders include Xylem Inc., Sulzer Ltd., and KSB SE & Co. KGaA, which maintain competitive advantages through comprehensive submersible pump portfolios, advanced motor technology capabilities, and deep expertise in the water management and industrial sectors, creating high customer loyalty among water utilities and agricultural operators. These companies leverage established distribution relationships and ongoing technology development partnerships to defend market positions while expanding into adjacent smart water management and predictive maintenance service applications.

Xylem Inc. maintains the highest market share at 12.8% through smart IoT-enabled submersible pump system development and digital water management platform integration, while Sulzer Ltd. holds 11.4% share through energy-efficient industrial pumping solution innovation.

Challengers encompass Grundfos Holding A/S and Atlas Copco, which compete through specialized application technologies and strong regional presence in key agricultural and industrial markets. Pump specialists, including Flowserve Corporation, Wilo SE, and Homa Pump Technology, focus on specific vertical markets or application categories, offering differentiated capabilities in oil and gas ESP systems, smart city water infrastructure, and wastewater submersible solutions.

Regional players and emerging pump manufacturers create competitive pressure through innovative product a7oaches and rapid market development capabilities, particularly in high-growth markets including China and India, where local agricultural demand provides advantages in cost optimization and distribution efficiency. Market dynamics favor companies that combine advanced pump engineering with comprehensive service support that addresses the complete operational lifecycle from system design through installation, commissioning, and ongoing maintenance programs. The competitive environment reflects increasing emphasis on digital technologies and remote monitoring capabilities, creating smart pump ecosystems that combine hydraulic engineering expertise with IoT platform integration and predictive analytics capabilities for enhanced operational efficiency and reduced downtime.

Key Players in the Electric Submersible Pumps Market

  • Xylem Inc.
  • Sulzer Ltd.
  • KSB SE & Co. KGaA
  • Grundfos Holding A/S
  • Atlas Copco
  • Flowserve Corporation
  • Wilo SE
  • Homa Pump Technology
  • LEO Group Pump (Zhejiang) Co. Ltd.
  • VANSAN Water Technologies

Scope of the Report

Items Values
Quantitative Value (USD Million)s USD 9.9 Billion
Product Borewell Pumps, Openwell Pumps, Non-Clog Pumps
End Use Agriculture, Water & Wastewater Management, Construction & Building Services, Oil & Gas, Power Generation, Chemical, Others
Regions Covered Asia Pacific, North America, Europe, Latin America, Middle East & Africa
Country Covered China, India, USA, Brazil, Germany, UK, Japan, and 40+ countries
Key Companies Profiled Xylem Inc., Sulzer Ltd., KSB SE & Co. KGaA, Grundfos Holding A/S, Atlas Copco, Flowserve Corporation, Wilo SE, Homa Pump Technology, LEO Group Pump Co. Ltd., VANSAN Water Technologies
Additional Attributes Dollar sales by product and end-use categories, regional adoption trends across Asia Pacific, North America, and Europe, competitive landscape with pump manufacturers and engineering service providers, pump specifications and performance requirements, integration with water management platforms and automated control systems, innovations in IoT-enabled pump technology and energy-efficient motor systems, and development of specialized applications with smart monitoring capabilities and operational optimization technologies.

Electric Submersible Pumps Market by Segments

  • Product :

    • Borewell Pumps
    • Openwell Pumps
    • Non-Clog Pumps
  • End Use :

    • Agriculture
    • Water & Wastewater Management
    • Construction & Building Services
    • Oil & Gas
    • Power Generation
    • Chemical
    • Others
  • Region :

    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Australia & New Zealand
      • ASEAN
      • Rest of Asia Pacific
    • North America
      • USA
      • Canada
      • Mexico
    • Europe
      • Germany
      • UK
      • France
      • Italy
      • Spain
      • Nordic
      • BENELUX
      • Rest of Europe
    • Latin America
      • Brazil
      • Chile
      • Rest of Latin America
    • Middle East & Africa
      • Kingdom of Saudi Arabia
      • Other GCC Countries
      • Turkey
      • South Africa
      • Other African Union
      • Rest of Middle East & Africa

Table of Content

  1. Executive Summary
    • Global Market Outlook
    • Demand to side Trends
    • Supply to side Trends
    • Technology Roadmap Analysis
    • Analysis and Recommendations
  2. Market Overview
    • Market Coverage / Taxonomy
    • Market Definition / Scope / Limitations
  3. Market Background
    • Market Dynamics
      • Drivers
      • Restraints
      • Opportunity
      • Trends
    • Scenario Forecast
      • Demand in Optimistic Scenario
      • Demand in Likely Scenario
      • Demand in Conservative Scenario
    • Opportunity Map Analysis
    • Product Life Cycle Analysis
    • Supply Chain Analysis
    • Investment Feasibility Matrix
    • Value Chain Analysis
    • PESTLE and Porter’s Analysis
    • Regulatory Landscape
    • Regional Parent Market Outlook
    • Production and Consumption Statistics
    • Import and Export Statistics
  4. Global Market Analysis 2020 to 2024 and Forecast, 2025 to 2035
    • Historical Market Size Value (USD Million) Analysis, 2020 to 2024
    • Current and Future Market Size Value (USD Million) Projections, 2025 to 2035
      • Y to o to Y Growth Trend Analysis
      • Absolute $ Opportunity Analysis
  5. Global Market Pricing Analysis 2020 to 2024 and Forecast 2025 to 2035
  6. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Product
    • Introduction / Key Findings
    • Historical Market Size Value (USD Million) Analysis By Product, 2020 to 2024
    • Current and Future Market Size Value (USD Million) Analysis and Forecast By Product, 2025 to 2035
      • Borewell Pumps
      • Openwell Pumps
      • Non-Clog Pumps
    • Y to o to Y Growth Trend Analysis By Product, 2020 to 2024
    • Absolute $ Opportunity Analysis By Product, 2025 to 2035
  7. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By End Use
    • Introduction / Key Findings
    • Historical Market Size Value (USD Million) Analysis By End Use, 2020 to 2024
    • Current and Future Market Size Value (USD Million) Analysis and Forecast By End Use, 2025 to 2035
      • Agriculture
      • Water & Wastewater Management
      • Construction & Building Services
      • Oil & Gas
      • Power Generation
      • Chemical
      • Others
    • Y to o to Y Growth Trend Analysis By End Use, 2020 to 2024
    • Absolute $ Opportunity Analysis By End Use, 2025 to 2035
  8. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Region
    • Introduction
    • Historical Market Size Value (USD Million) Analysis By Region, 2020 to 2024
    • Current Market Size Value (USD Million) Analysis and Forecast By Region, 2025 to 2035
      • North America
      • Latin America
      • Western Europe
      • Eastern Europe
      • East Asia
      • South Asia and Pacific
      • Middle East & Africa
    • Market Attractiveness Analysis By Region
  9. North America Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • USA
        • Canada
        • Mexico
      • By Product
      • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Product
      • By End Use
    • Key Takeaways
  10. Latin America Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • Brazil
        • Chile
        • Rest of Latin America
      • By Product
      • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Product
      • By End Use
    • Key Takeaways
  11. Western Europe Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • Germany
        • UK
        • Italy
        • Spain
        • France
        • Nordic
        • BENELUX
        • Rest of Western Europe
      • By Product
      • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Product
      • By End Use
    • Key Takeaways
  12. Eastern Europe Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • Russia
        • Poland
        • Hungary
        • Balkan & Baltic
        • Rest of Eastern Europe
      • By Product
      • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Product
      • By End Use
    • Key Takeaways
  13. East Asia Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • China
        • Japan
        • South Korea
      • By Product
      • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Product
      • By End Use
    • Key Takeaways
  14. South Asia and Pacific Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • India
        • ASEAN
        • Australia & New Zealand
        • Rest of South Asia and Pacific
      • By Product
      • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Product
      • By End Use
    • Key Takeaways
  15. Middle East & Africa Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • Kingdom of Saudi Arabia
        • Other GCC Countries
        • Turkiye
        • South Africa
        • Other African Union
        • Rest of Middle East & Africa
      • By Product
      • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Product
      • By End Use
    • Key Takeaways
  16. Key Countries Market Analysis
    • USA
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • Canada
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • Mexico
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • Brazil
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • Chile
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • Germany
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • UK
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • Italy
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • Spain
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • France
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • India
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • ASEAN
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • Australia & New Zealand
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • China
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • Japan
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • South Korea
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • Russia
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • Poland
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • Hungary
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • Kingdom of Saudi Arabia
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • Turkiye
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
    • South Africa
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Product
        • By End Use
  17. Market Structure Analysis
    • Competition Dashboard
    • Competition Benchmarking
    • Market Share Analysis of Top Players
      • By Regional
      • By Product
      • By End Use
  18. Competition Analysis
    • Competition Deep Dive
      • Xylem Inc.
        • Overview
        • Product Portfolio
        • Profitability by Market Segments (Product/Age /Sales Channel/Region)
        • Sales Footprint
        • Strategy Overview
          • Marketing Strategy
          • Product Strategy
          • Channel Strategy
      • Sulzer Ltd.
      • KSB SE & Co. KGaA
      • Grundfos Holding A/S
      • Atlas Copco
      • Flowserve Corporation
      • Wilo SE
      • Homa Pump Technology
      • LEO Group Pump (Zhejiang) Co. Ltd.
      • VANSAN Water Technologies
  19. Assumptions & Acronyms Used
  20. Research Methodology

List Of Table

  • Table 1: Global Market Value (USD Million) Forecast by Region, 2020 to 2035
  • Table 2: Global Market Value (USD Million) Forecast by Product, 2020 to 2035
  • Table 3: Global Market Value (USD Million) Forecast by End Use, 2020 to 2035
  • Table 4: North America Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 5: North America Market Value (USD Million) Forecast by Product, 2020 to 2035
  • Table 6: North America Market Value (USD Million) Forecast by End Use, 2020 to 2035
  • Table 7: Latin America Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 8: Latin America Market Value (USD Million) Forecast by Product, 2020 to 2035
  • Table 9: Latin America Market Value (USD Million) Forecast by End Use, 2020 to 2035
  • Table 10: Western Europe Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 11: Western Europe Market Value (USD Million) Forecast by Product, 2020 to 2035
  • Table 12: Western Europe Market Value (USD Million) Forecast by End Use, 2020 to 2035
  • Table 13: Eastern Europe Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 14: Eastern Europe Market Value (USD Million) Forecast by Product, 2020 to 2035
  • Table 15: Eastern Europe Market Value (USD Million) Forecast by End Use, 2020 to 2035
  • Table 16: East Asia Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 17: East Asia Market Value (USD Million) Forecast by Product, 2020 to 2035
  • Table 18: East Asia Market Value (USD Million) Forecast by End Use, 2020 to 2035
  • Table 19: South Asia and Pacific Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 20: South Asia and Pacific Market Value (USD Million) Forecast by Product, 2020 to 2035
  • Table 21: South Asia and Pacific Market Value (USD Million) Forecast by End Use, 2020 to 2035
  • Table 22: Middle East & Africa Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 23: Middle East & Africa Market Value (USD Million) Forecast by Product, 2020 to 2035
  • Table 24: Middle East & Africa Market Value (USD Million) Forecast by End Use, 2020 to 2035

List Of Figures

  • Figure 1: Global Market Pricing Analysis
  • Figure 2: Global Market Value (USD Million) Forecast 2020 to 2035
  • Figure 3: Global Market Value Share and BPS Analysis by Product, 2025 and 2035
  • Figure 4: Global Market Y to o to Y Growth Comparison by Product, 2025 to 2035
  • Figure 5: Global Market Attractiveness Analysis by Product
  • Figure 6: Global Market Value Share and BPS Analysis by End Use, 2025 and 2035
  • Figure 7: Global Market Y to o to Y Growth Comparison by End Use, 2025 to 2035
  • Figure 8: Global Market Attractiveness Analysis by End Use
  • Figure 9: Global Market Value (USD Million) Share and BPS Analysis by Region, 2025 and 2035
  • Figure 10: Global Market Y to o to Y Growth Comparison by Region, 2025 to 2035
  • Figure 11: Global Market Attractiveness Analysis by Region
  • Figure 12: North America Market Incremental Dollar Opportunity, 2025 to 2035
  • Figure 13: Latin America Market Incremental Dollar Opportunity, 2025 to 2035
  • Figure 14: Western Europe Market Incremental Dollar Opportunity, 2025 to 2035
  • Figure 15: Eastern Europe Market Incremental Dollar Opportunity, 2025 to 2035
  • Figure 16: East Asia Market Incremental Dollar Opportunity, 2025 to 2035
  • Figure 17: South Asia and Pacific Market Incremental Dollar Opportunity, 2025 to 2035
  • Figure 18: Middle East & Africa Market Incremental Dollar Opportunity, 2025 to 2035
  • Figure 19: North America Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 20: North America Market Value Share and BPS Analysis by Product, 2025 and 2035
  • Figure 21: North America Market Y to o to Y Growth Comparison by Product, 2025 to 2035
  • Figure 22: North America Market Attractiveness Analysis by Product
  • Figure 23: North America Market Value Share and BPS Analysis by End Use, 2025 and 2035
  • Figure 24: North America Market Y to o to Y Growth Comparison by End Use, 2025 to 2035
  • Figure 25: North America Market Attractiveness Analysis by End Use
  • Figure 26: Latin America Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 27: Latin America Market Value Share and BPS Analysis by Product, 2025 and 2035
  • Figure 28: Latin America Market Y to o to Y Growth Comparison by Product, 2025 to 2035
  • Figure 29: Latin America Market Attractiveness Analysis by Product
  • Figure 30: Latin America Market Value Share and BPS Analysis by End Use, 2025 and 2035
  • Figure 31: Latin America Market Y to o to Y Growth Comparison by End Use, 2025 to 2035
  • Figure 32: Latin America Market Attractiveness Analysis by End Use
  • Figure 33: Western Europe Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 34: Western Europe Market Value Share and BPS Analysis by Product, 2025 and 2035
  • Figure 35: Western Europe Market Y to o to Y Growth Comparison by Product, 2025 to 2035
  • Figure 36: Western Europe Market Attractiveness Analysis by Product
  • Figure 37: Western Europe Market Value Share and BPS Analysis by End Use, 2025 and 2035
  • Figure 38: Western Europe Market Y to o to Y Growth Comparison by End Use, 2025 to 2035
  • Figure 39: Western Europe Market Attractiveness Analysis by End Use
  • Figure 40: Eastern Europe Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 41: Eastern Europe Market Value Share and BPS Analysis by Product, 2025 and 2035
  • Figure 42: Eastern Europe Market Y to o to Y Growth Comparison by Product, 2025 to 2035
  • Figure 43: Eastern Europe Market Attractiveness Analysis by Product
  • Figure 44: Eastern Europe Market Value Share and BPS Analysis by End Use, 2025 and 2035
  • Figure 45: Eastern Europe Market Y to o to Y Growth Comparison by End Use, 2025 to 2035
  • Figure 46: Eastern Europe Market Attractiveness Analysis by End Use
  • Figure 47: East Asia Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 48: East Asia Market Value Share and BPS Analysis by Product, 2025 and 2035
  • Figure 49: East Asia Market Y to o to Y Growth Comparison by Product, 2025 to 2035
  • Figure 50: East Asia Market Attractiveness Analysis by Product
  • Figure 51: East Asia Market Value Share and BPS Analysis by End Use, 2025 and 2035
  • Figure 52: East Asia Market Y to o to Y Growth Comparison by End Use, 2025 to 2035
  • Figure 53: East Asia Market Attractiveness Analysis by End Use
  • Figure 54: South Asia and Pacific Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 55: South Asia and Pacific Market Value Share and BPS Analysis by Product, 2025 and 2035
  • Figure 56: South Asia and Pacific Market Y to o to Y Growth Comparison by Product, 2025 to 2035
  • Figure 57: South Asia and Pacific Market Attractiveness Analysis by Product
  • Figure 58: South Asia and Pacific Market Value Share and BPS Analysis by End Use, 2025 and 2035
  • Figure 59: South Asia and Pacific Market Y to o to Y Growth Comparison by End Use, 2025 to 2035
  • Figure 60: South Asia and Pacific Market Attractiveness Analysis by End Use
  • Figure 61: Middle East & Africa Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 62: Middle East & Africa Market Value Share and BPS Analysis by Product, 2025 and 2035
  • Figure 63: Middle East & Africa Market Y to o to Y Growth Comparison by Product, 2025 to 2035
  • Figure 64: Middle East & Africa Market Attractiveness Analysis by Product
  • Figure 65: Middle East & Africa Market Value Share and BPS Analysis by End Use, 2025 and 2035
  • Figure 66: Middle East & Africa Market Y to o to Y Growth Comparison by End Use, 2025 to 2035
  • Figure 67: Middle East & Africa Market Attractiveness Analysis by End Use
  • Figure 68: Global Market - Tier Structure Analysis
  • Figure 69: Global Market - Company Share Analysis

- FAQs -

How big is the electric submersible pumps market in 2025?

The global electric submersible pumps market is estimated to be valued at USD 9.9 billion in 2025.

What will be the size of electric submersible pumps market in 2035?

The market size for the electric submersible pumps market is projected to reach USD 17.0 billion by 2035.

How much will be the electric submersible pumps market growth between 2025 and 2035?

The electric submersible pumps market is expected to grow at a 5.6% CAGR between 2025 and 2035.

What are the key product types in the electric submersible pumps market?

The key product types in electric submersible pumps market are borewell pumps, openwell pumps and non-clog pumps.

Which end use segment to contribute significant share in the electric submersible pumps market in 2025?

In terms of end use, agriculture segment to command 25.7% share in the electric submersible pumps market in 2025.

Electric Submersible Pumps Market