Submersible Pumps Market - Forecasts from 2025 to 2030

The global submersible pumps market is anticipated to reach a market size worth US$21.345 billion by 2030 and is valued at US$15.829 billion in 2025, growing at a compound annual growth rate of 6.16%.

A submersible pump is the kind of pump that can be taken entirely underwater and pump water to the surface. Its motor is tightly sealed to the pump, helping it push the liquid onto the surface. The pump converts the rotary energy into kinetic energy and that into pressure energy, which it uses to push the water to the surface. Moreover, submersible pumps are efficient to use as they don't need additional energy sources to work. The water pressure pushes the water into the pump, which consecutively saves much energy for the pump.

In addition to this, another major advantage of the submersible pumps is that they don't need to be primed as they are already submerged in water. These key advantages are expected to drive the market for submersible pumps. However, this market would be inhibited by its disadvantages. The corroding of the seals is one of them, resulting in letting water inside the motor, rendering the pump useless unless repaired. Another key disadvantage of submersible pumps is that one pump does not fit all uses, so a different pump is needed for various applications.

Additionally, some of the key factors driving the market in the coming years are the increasing awareness about wastewater treatment in several countries and the government's strict regulations. Secondly, the market will be driven by the growing investments in infrastructure, which has consecutively resulted in the increased pace of urbanization. With these rising investments in emerging markets, like wastewater treatment in agricultural, industrial, and household sectors, the demand for the submersible pump is also expected to increase in the coming years.

Global Submersible Pump Market Drivers

Increasing urbanization and infrastructure development are expected to propel the market expansion.

Cities are expanding at a much quicker pace than before, thus increasing the water demand. This has resulted in the use of submersible pumps in water supply schemes, sewage disposal systems, construction work, irrigation, industrialization, and even power generation within hydropower plants. These pumps are also needed for distributing water in high-rise structures and thickly populated areas, and sewage treatment plants and drainage facilities. For instance, as quoted from theWorld Economic Forum's report in October 2024, India planned to invest $300 million in the next two years to tackle flooding and water preservation in seven cities, including Mumbai, Chennai, and Bengaluru. These funds are set aside for constructing drains and rehabilitating water bodies overrun by urban growth.

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Report Coverage:

• Historical data & forecasts from 2022 to 2030
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
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TheGlobal Submersible Pumps Market is segmented and analyzed as below:

By Pump Type

• Openwell
• Borewell

By Power Rating

• Low Power
• Medium Power
• High Power

By Application

• Water & wastewater
• Oil & gas industry
• Mining & construction industry
• Others

By Geography

• North America
• South America
• Europe
• Middle East and Africa
• Asia-Pacific