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Submersible Motors-Global Market Insights and Sales Trends 2025
Synopsis
A submersible pump, also called an electric submersible pump, is a pump that can be fully submerged in water. The motor is hermetically sealed and close-coupled to the body of the pump.
The global Submersible Motors market size is expected to reach US$ 2077.2 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Submersible Motors in various end use industries. The expanding demands from the Industrial, Agricultural, Residential and Others, are propelling Submersible Motors market. Single Phase Submersible Motors, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Three Phase Submersible Motors segment is estimated at % CAGR for the next seven-year period.
Global submersible motors key players include Franklin Electric, Grundfos, Flowserve, Faradyne Motors, etc. Global top 2 manufacturers hold a share over 42%. Europe is the largest market, with a share over 28%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Submersible Motors, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Submersible Motors market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Submersible Motors market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Submersible Motors sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Submersible Motors covered in this report include Franklin Electric, Grundfos, Flowserve, Faradyne Motors, Andritz Group, General Electric, Shakti Pumps, Pedrollo and Sumoto, etc.
The global Submersible Motors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Franklin Electric
Grundfos
Flowserve
Faradyne Motors
Andritz Group
General Electric
Shakti Pumps
Pedrollo
Sumoto
Lubi Pumps
Baldor Electric
Hitachi
Ingeteam
Caprari
Aote Pump
Zhenda Pump
ABB
Global Submersible Motors market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Submersible Motors market, Segment by Type:
Single Phase Submersible Motors
Three Phase Submersible Motors
Global Submersible Motors market, by Application
Industrial
Agricultural
Residential
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Submersible Motors manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Submersible Motors in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A submersible pump, also called an electric submersible pump, is a pump that can be fully submerged in water. The motor is hermetically sealed and close-coupled to the body of the pump.
The global Submersible Motors market size is expected to reach US$ 2077.2 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Submersible Motors in various end use industries. The expanding demands from the Industrial, Agricultural, Residential and Others, are propelling Submersible Motors market. Single Phase Submersible Motors, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Three Phase Submersible Motors segment is estimated at % CAGR for the next seven-year period.
Global submersible motors key players include Franklin Electric, Grundfos, Flowserve, Faradyne Motors, etc. Global top 2 manufacturers hold a share over 42%. Europe is the largest market, with a share over 28%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Submersible Motors, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Submersible Motors market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Submersible Motors market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Submersible Motors sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Submersible Motors covered in this report include Franklin Electric, Grundfos, Flowserve, Faradyne Motors, Andritz Group, General Electric, Shakti Pumps, Pedrollo and Sumoto, etc.
The global Submersible Motors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Franklin Electric
Grundfos
Flowserve
Faradyne Motors
Andritz Group
General Electric
Shakti Pumps
Pedrollo
Sumoto
Lubi Pumps
Baldor Electric
Hitachi
Ingeteam
Caprari
Aote Pump
Zhenda Pump
ABB
Global Submersible Motors market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Submersible Motors market, Segment by Type:
Single Phase Submersible Motors
Three Phase Submersible Motors
Global Submersible Motors market, by Application
Industrial
Agricultural
Residential
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Submersible Motors manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Submersible Motors in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Submersible Motors Market Overview
1.1 Submersible Motors Product Overview
1.2 Submersible Motors Market Segment by Type
1.2.1 Single Phase Submersible Motors
1.2.2 Three Phase Submersible Motors
1.3 Global Submersible Motors Market Size by Type
1.3.1 Global Submersible Motors Market Size Overview by Type (2018-2029)
1.3.2 Global Submersible Motors Historic Market Size Review by Type (2018-2023)
1.3.3 Global Submersible Motors Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Submersible Motors Sales Breakdown by Type (2018-2023)
1.4.2 Europe Submersible Motors Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Submersible Motors Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Submersible Motors Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Submersible Motors Sales Breakdown by Type (2018-2023)
2 Global Submersible Motors Market Competition by Company
2.1 Global Top Players by Submersible Motors Sales (2018-2023)
2.2 Global Top Players by Submersible Motors Revenue (2018-2023)
2.3 Global Top Players by Submersible Motors Price (2018-2023)
2.4 Global Top Manufacturers Submersible Motors Manufacturing Base Distribution, Sales Area, Product Type
2.5 Submersible Motors Market Competitive Situation and Trends
2.5.1 Submersible Motors Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Submersible Motors Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Submersible Motors as of 2022)
2.7 Date of Key Manufacturers Enter into Submersible Motors Market
2.8 Key Manufacturers Submersible Motors Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Submersible Motors Status and Outlook by Region
3.1 Global Submersible Motors Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Submersible Motors Historic Market Size by Region
3.2.1 Global Submersible Motors Sales in Volume by Region (2018-2023)
3.2.2 Global Submersible Motors Sales in Value by Region (2018-2023)
3.2.3 Global Submersible Motors Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Submersible Motors Forecasted Market Size by Region
3.3.1 Global Submersible Motors Sales in Volume by Region (2024-2029)
3.3.2 Global Submersible Motors Sales in Value by Region (2024-2029)
3.3.3 Global Submersible Motors Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Submersible Motors by Application
4.1 Submersible Motors Market Segment by Application
4.1.1 Industrial
4.1.2 Agricultural
4.1.3 Residential
4.1.4 Others
4.2 Global Submersible Motors Market Size by Application
4.2.1 Global Submersible Motors Market Size Overview by Application (2018-2029)
4.2.2 Global Submersible Motors Historic Market Size Review by Application (2018-2023)
4.2.3 Global Submersible Motors Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Submersible Motors Sales Breakdown by Application (2018-2023)
4.3.2 Europe Submersible Motors Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Submersible Motors Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Submersible Motors Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Submersible Motors Sales Breakdown by Application (2018-2023)
5 North America Submersible Motors by Country
5.1 North America Submersible Motors Historic Market Size by Country
5.1.1 North America Submersible Motors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Submersible Motors Sales in Volume by Country (2018-2023)
5.1.3 North America Submersible Motors Sales in Value by Country (2018-2023)
5.2 North America Submersible Motors Forecasted Market Size by Country
5.2.1 North America Submersible Motors Sales in Volume by Country (2024-2029)
5.2.2 North America Submersible Motors Sales in Value by Country (2024-2029)
6 Europe Submersible Motors by Country
6.1 Europe Submersible Motors Historic Market Size by Country
6.1.1 Europe Submersible Motors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Submersible Motors Sales in Volume by Country (2018-2023)
6.1.3 Europe Submersible Motors Sales in Value by Country (2018-2023)
6.2 Europe Submersible Motors Forecasted Market Size by Country
6.2.1 Europe Submersible Motors Sales in Volume by Country (2024-2029)
6.2.2 Europe Submersible Motors Sales in Value by Country (2024-2029)
7 Asia-Pacific Submersible Motors by Region
7.1 Asia-Pacific Submersible Motors Historic Market Size by Region
7.1.1 Asia-Pacific Submersible Motors Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Submersible Motors Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Submersible Motors Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Submersible Motors Forecasted Market Size by Region
7.2.1 Asia-Pacific Submersible Motors Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Submersible Motors Sales in Value by Region (2024-2029)
8 Latin America Submersible Motors by Country
8.1 Latin America Submersible Motors Historic Market Size by Country
8.1.1 Latin America Submersible Motors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Submersible Motors Sales in Volume by Country (2018-2023)
8.1.3 Latin America Submersible Motors Sales in Value by Country (2018-2023)
8.2 Latin America Submersible Motors Forecasted Market Size by Country
8.2.1 Latin America Submersible Motors Sales in Volume by Country (2024-2029)
8.2.2 Latin America Submersible Motors Sales in Value by Country (2024-2029)
9 Middle East and Africa Submersible Motors by Country
9.1 Middle East and Africa Submersible Motors Historic Market Size by Country
9.1.1 Middle East and Africa Submersible Motors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Submersible Motors Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Submersible Motors Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Submersible Motors Forecasted Market Size by Country
9.2.1 Middle East and Africa Submersible Motors Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Submersible Motors Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Franklin Electric
10.1.1 Franklin Electric Company Information
10.1.2 Franklin Electric Introduction and Business Overview
10.1.3 Franklin Electric Submersible Motors Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Franklin Electric Submersible Motors Products Offered
10.1.5 Franklin Electric Recent Development
10.2 Grundfos
10.2.1 Grundfos Company Information
10.2.2 Grundfos Introduction and Business Overview
10.2.3 Grundfos Submersible Motors Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Grundfos Submersible Motors Products Offered
10.2.5 Grundfos Recent Development
10.3 Flowserve
10.3.1 Flowserve Company Information
10.3.2 Flowserve Introduction and Business Overview
10.3.3 Flowserve Submersible Motors Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Flowserve Submersible Motors Products Offered
10.3.5 Flowserve Recent Development
10.4 Faradyne Motors
10.4.1 Faradyne Motors Company Information
10.4.2 Faradyne Motors Introduction and Business Overview
10.4.3 Faradyne Motors Submersible Motors Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Faradyne Motors Submersible Motors Products Offered
10.4.5 Faradyne Motors Recent Development
10.5 Andritz Group
10.5.1 Andritz Group Company Information
10.5.2 Andritz Group Introduction and Business Overview
10.5.3 Andritz Group Submersible Motors Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Andritz Group Submersible Motors Products Offered
10.5.5 Andritz Group Recent Development
10.6 General Electric
10.6.1 General Electric Company Information
10.6.2 General Electric Introduction and Business Overview
10.6.3 General Electric Submersible Motors Sales, Revenue and Gross Margin (2018-2023)
10.6.4 General Electric Submersible Motors Products Offered
10.6.5 General Electric Recent Development
10.7 Shakti Pumps
10.7.1 Shakti Pumps Company Information
10.7.2 Shakti Pumps Introduction and Business Overview
10.7.3 Shakti Pumps Submersible Motors Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Shakti Pumps Submersible Motors Products Offered
10.7.5 Shakti Pumps Recent Development
10.8 Pedrollo
10.8.1 Pedrollo Company Information
10.8.2 Pedrollo Introduction and Business Overview
10.8.3 Pedrollo Submersible Motors Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Pedrollo Submersible Motors Products Offered
10.8.5 Pedrollo Recent Development
10.9 Sumoto
10.9.1 Sumoto Company Information
10.9.2 Sumoto Introduction and Business Overview
10.9.3 Sumoto Submersible Motors Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Sumoto Submersible Motors Products Offered
10.9.5 Sumoto Recent Development
10.10 Lubi Pumps
10.10.1 Lubi Pumps Company Information
10.10.2 Lubi Pumps Introduction and Business Overview
10.10.3 Lubi Pumps Submersible Motors Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Lubi Pumps Submersible Motors Products Offered
10.10.5 Lubi Pumps Recent Development
10.11 Baldor Electric
10.11.1 Baldor Electric Company Information
10.11.2 Baldor Electric Introduction and Business Overview
10.11.3 Baldor Electric Submersible Motors Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Baldor Electric Submersible Motors Products Offered
10.11.5 Baldor Electric Recent Development
10.12 Hitachi
10.12.1 Hitachi Company Information
10.12.2 Hitachi Introduction and Business Overview
10.12.3 Hitachi Submersible Motors Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Hitachi Submersible Motors Products Offered
10.12.5 Hitachi Recent Development
10.13 Ingeteam
10.13.1 Ingeteam Company Information
10.13.2 Ingeteam Introduction and Business Overview
10.13.3 Ingeteam Submersible Motors Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Ingeteam Submersible Motors Products Offered
10.13.5 Ingeteam Recent Development
10.14 Caprari
10.14.1 Caprari Company Information
10.14.2 Caprari Introduction and Business Overview
10.14.3 Caprari Submersible Motors Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Caprari Submersible Motors Products Offered
10.14.5 Caprari Recent Development
10.15 Aote Pump
10.15.1 Aote Pump Company Information
10.15.2 Aote Pump Introduction and Business Overview
10.15.3 Aote Pump Submersible Motors Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Aote Pump Submersible Motors Products Offered
10.15.5 Aote Pump Recent Development
10.16 Zhenda Pump
10.16.1 Zhenda Pump Company Information
10.16.2 Zhenda Pump Introduction and Business Overview
10.16.3 Zhenda Pump Submersible Motors Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Zhenda Pump Submersible Motors Products Offered
10.16.5 Zhenda Pump Recent Development
10.17 ABB
10.17.1 ABB Company Information
10.17.2 ABB Introduction and Business Overview
10.17.3 ABB Submersible Motors Sales, Revenue and Gross Margin (2018-2023)
10.17.4 ABB Submersible Motors Products Offered
10.17.5 ABB Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Submersible Motors Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Submersible Motors Industrial Chain Analysis
11.4 Submersible Motors Market Dynamics
11.4.1 Submersible Motors Industry Trends
11.4.2 Submersible Motors Market Drivers
11.4.3 Submersible Motors Market Challenges
11.4.4 Submersible Motors Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Submersible Motors Distributors
12.3 Submersible Motors Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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