Industry: Machinery & Equipment
Published Date: 2024-01-06
Pages: 135 Pages
Report ld: 2158952
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Submersible Motors Market Size(US$)

CAGR 2024-2030
3.3%
Market Size,2030
USD 2,077.2
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
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 market for Submersible Motors was estimated to be worth US$ 1650.4 million in 2023 and is forecast to a readjusted size of US$ 2077.2 million by 2030 with a CAGR of 3.3% during the forecast period 2024-2030
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%.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Submersible Motors, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Submersible Motors by region & country, by Type, and by Application.
The Submersible Motors market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Submersible Motors.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of Submersible Motors manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: 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 market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Submersible Motors in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: 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 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Submersible Motors Product Introduction
1.2 Global Submersible Motors Market Size Forecast
1.2.1 Global Submersible Motors Sales Value (2019-2030)
1.2.2 Global Submersible Motors Sales Volume (2019-2030)
1.2.3 Global Submersible Motors Sales Price (2019-2030)
1.3 Submersible Motors Market Trends & Drivers
1.3.1 Submersible Motors Industry Trends
1.3.2 Submersible Motors Market Drivers & Opportunity
1.3.3 Submersible Motors Market Challenges
1.3.4 Submersible Motors Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Submersible Motors Players Revenue Ranking (2023)
2.2 Global Submersible Motors Revenue by Company (2019-2024)
2.3 Global Submersible Motors Players Sales Volume Ranking (2023)
2.4 Global Submersible Motors Sales Volume by Company Players (2019-2024)
2.5 Global Submersible Motors Average Price by Company (2019-2024)
2.6 Key Manufacturers Submersible Motors Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Submersible Motors Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Submersible Motors
2.9 Submersible Motors Market Competitive Analysis
2.9.1 Submersible Motors Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Submersible Motors Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Submersible Motors as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Single Phase Submersible Motors
3.1.2 Three Phase Submersible Motors
3.2 Global Submersible Motors Sales Value by Type
3.2.1 Global Submersible Motors Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Submersible Motors Sales Value, by Type (2019-2030)
3.2.3 Global Submersible Motors Sales Value, by Type (%) (2019-2030)
3.3 Global Submersible Motors Sales Volume by Type
3.3.1 Global Submersible Motors Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Submersible Motors Sales Volume, by Type (2019-2030)
3.3.3 Global Submersible Motors Sales Volume, by Type (%) (2019-2030)
3.4 Global Submersible Motors Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Industrial
4.1.2 Agricultural
4.1.3 Residential
4.1.4 Others
4.2 Global Submersible Motors Sales Value by Application
4.2.1 Global Submersible Motors Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Submersible Motors Sales Value, by Application (2019-2030)
4.2.3 Global Submersible Motors Sales Value, by Application (%) (2019-2030)
4.3 Global Submersible Motors Sales Volume by Application
4.3.1 Global Submersible Motors Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Submersible Motors Sales Volume, by Application (2019-2030)
4.3.3 Global Submersible Motors Sales Volume, by Application (%) (2019-2030)
4.4 Global Submersible Motors Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Submersible Motors Sales Value by Region
5.1.1 Global Submersible Motors Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Submersible Motors Sales Value by Region (2019-2024)
5.1.3 Global Submersible Motors Sales Value by Region (2025-2030)
5.1.4 Global Submersible Motors Sales Value by Region (%), (2019-2030)
5.2 Global Submersible Motors Sales Volume by Region
5.2.1 Global Submersible Motors Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Submersible Motors Sales Volume by Region (2019-2024)
5.2.3 Global Submersible Motors Sales Volume by Region (2025-2030)
5.2.4 Global Submersible Motors Sales Volume by Region (%), (2019-2030)
5.3 Global Submersible Motors Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Submersible Motors Sales Value, 2019-2030
5.4.2 North America Submersible Motors Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Submersible Motors Sales Value, 2019-2030
5.5.2 Europe Submersible Motors Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Submersible Motors Sales Value, 2019-2030
5.6.2 Asia Pacific Submersible Motors Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Submersible Motors Sales Value, 2019-2030
5.7.2 South America Submersible Motors Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Submersible Motors Sales Value, 2019-2030
5.8.2 Middle East & Africa Submersible Motors Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Submersible Motors Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Submersible Motors Sales Value
6.2.1 Key Countries/Regions Submersible Motors Sales Value, 2019-2030
6.2.2 Key Countries/Regions Submersible Motors Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Submersible Motors Sales Value, 2019-2030
6.3.2 United States Submersible Motors Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Submersible Motors Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Submersible Motors Sales Value, 2019-2030
6.4.2 Europe Submersible Motors Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Submersible Motors Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Submersible Motors Sales Value, 2019-2030
6.5.2 China Submersible Motors Sales Value by Type (%), 2023 VS 2030
6.5.3 China Submersible Motors Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Submersible Motors Sales Value, 2019-2030
6.6.2 Japan Submersible Motors Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Submersible Motors Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Submersible Motors Sales Value, 2019-2030
6.7.2 South Korea Submersible Motors Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Submersible Motors Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Submersible Motors Sales Value, 2019-2030
6.8.2 Southeast Asia Submersible Motors Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Submersible Motors Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Submersible Motors Sales Value, 2019-2030
6.9.2 India Submersible Motors Sales Value by Type (%), 2023 VS 2030
6.9.3 India Submersible Motors Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Franklin Electric
7.1.1 Franklin Electric Company Information
7.1.2 Franklin Electric Introduction and Business Overview
7.1.3 Franklin Electric Submersible Motors Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Franklin Electric Submersible Motors Product Offerings
7.1.5 Franklin Electric Recent Development
7.2 Grundfos
7.2.1 Grundfos Company Information
7.2.2 Grundfos Introduction and Business Overview
7.2.3 Grundfos Submersible Motors Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Grundfos Submersible Motors Product Offerings
7.2.5 Grundfos Recent Development
7.3 Flowserve
7.3.1 Flowserve Company Information
7.3.2 Flowserve Introduction and Business Overview
7.3.3 Flowserve Submersible Motors Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Flowserve Submersible Motors Product Offerings
7.3.5 Flowserve Recent Development
7.4 Faradyne Motors
7.4.1 Faradyne Motors Company Information
7.4.2 Faradyne Motors Introduction and Business Overview
7.4.3 Faradyne Motors Submersible Motors Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Faradyne Motors Submersible Motors Product Offerings
7.4.5 Faradyne Motors Recent Development
7.5 Andritz Group
7.5.1 Andritz Group Company Information
7.5.2 Andritz Group Introduction and Business Overview
7.5.3 Andritz Group Submersible Motors Sales, Revenue and Gross Margin (2019-2024)
7.5.4 Andritz Group Submersible Motors Product Offerings
7.5.5 Andritz Group Recent Development
7.6 General Electric
7.6.1 General Electric Company Information
7.6.2 General Electric Introduction and Business Overview
7.6.3 General Electric Submersible Motors Sales, Revenue and Gross Margin (2019-2024)
7.6.4 General Electric Submersible Motors Product Offerings
7.6.5 General Electric Recent Development
7.7 Shakti Pumps
7.7.1 Shakti Pumps Company Information
7.7.2 Shakti Pumps Introduction and Business Overview
7.7.3 Shakti Pumps Submersible Motors Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Shakti Pumps Submersible Motors Product Offerings
7.7.5 Shakti Pumps Recent Development
7.8 Pedrollo
7.8.1 Pedrollo Company Information
7.8.2 Pedrollo Introduction and Business Overview
7.8.3 Pedrollo Submersible Motors Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Pedrollo Submersible Motors Product Offerings
7.8.5 Pedrollo Recent Development
7.9 Sumoto
7.9.1 Sumoto Company Information
7.9.2 Sumoto Introduction and Business Overview
7.9.3 Sumoto Submersible Motors Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Sumoto Submersible Motors Product Offerings
7.9.5 Sumoto Recent Development
7.10 Lubi Pumps
7.10.1 Lubi Pumps Company Information
7.10.2 Lubi Pumps Introduction and Business Overview
7.10.3 Lubi Pumps Submersible Motors Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Lubi Pumps Submersible Motors Product Offerings
7.10.5 Lubi Pumps Recent Development
7.11 Baldor Electric
7.11.1 Baldor Electric Company Information
7.11.2 Baldor Electric Introduction and Business Overview
7.11.3 Baldor Electric Submersible Motors Sales, Revenue and Gross Margin (2019-2024)
7.11.4 Baldor Electric Submersible Motors Product Offerings
7.11.5 Baldor Electric Recent Development
7.12 Hitachi
7.12.1 Hitachi Company Information
7.12.2 Hitachi Introduction and Business Overview
7.12.3 Hitachi Submersible Motors Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Hitachi Submersible Motors Product Offerings
7.12.5 Hitachi Recent Development
7.13 Ingeteam
7.13.1 Ingeteam Company Information
7.13.2 Ingeteam Introduction and Business Overview
7.13.3 Ingeteam Submersible Motors Sales, Revenue and Gross Margin (2019-2024)
7.13.4 Ingeteam Submersible Motors Product Offerings
7.13.5 Ingeteam Recent Development
7.14 Caprari
7.14.1 Caprari Company Information
7.14.2 Caprari Introduction and Business Overview
7.14.3 Caprari Submersible Motors Sales, Revenue and Gross Margin (2019-2024)
7.14.4 Caprari Submersible Motors Product Offerings
7.14.5 Caprari Recent Development
7.15 Aote Pump
7.15.1 Aote Pump Company Information
7.15.2 Aote Pump Introduction and Business Overview
7.15.3 Aote Pump Submersible Motors Sales, Revenue and Gross Margin (2019-2024)
7.15.4 Aote Pump Submersible Motors Product Offerings
7.15.5 Aote Pump Recent Development
7.16 Zhenda Pump
7.16.1 Zhenda Pump Company Information
7.16.2 Zhenda Pump Introduction and Business Overview
7.16.3 Zhenda Pump Submersible Motors Sales, Revenue and Gross Margin (2019-2024)
7.16.4 Zhenda Pump Submersible Motors Product Offerings
7.16.5 Zhenda Pump Recent Development
7.17 ABB
7.17.1 ABB Company Information
7.17.2 ABB Introduction and Business Overview
7.17.3 ABB Submersible Motors Sales, Revenue and Gross Margin (2019-2024)
7.17.4 ABB Submersible Motors Product Offerings
7.17.5 ABB Recent Development
8 Industry Chain Analysis
8.1 Submersible Motors Industrial Chain
8.2 Submersible Motors Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Submersible Motors Sales Model
8.5.2 Sales Channel
8.5.3 Submersible Motors Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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