Industry: Machinery & Equipment
Published Date: 2025-03-28
Pages: 161 Pages
Report ld: 4675215
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Submersible Motors Market Size(US$)

CAGR 2025-2031
3.3%
Market Size,2031
USD 2,202
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
In 2024, the global market size of Submersible Motors was estimated to be worth US$ 1760 million and is forecast to reach approximately US$ 2202 million by 2031 with a CAGR of 3.3% during the forecast period 2025-2031.
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.
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 SCOPE
This report aims to provide a comprehensive presentation of the global market for Submersible Motors, 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.
The Submersible Motors market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Submersible Motors market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Submersible Motors manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and regions.
By Company
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
Segment by Type
Single Phase Submersible Motors
Three Phase Submersible Motors
Segment by Application
Industrial
Agricultural
Residential
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Sales (consumption), revenue of Submersible Motors in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 3: Detailed analysis of Submersible Motors manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Submersible Motors sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: 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 14: Research Findings and 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.
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TABLE OF CONTENTS
1 Study Coverage
1.1 Submersible Motors Product Introduction
1.2 Market by Type
1.2.1 Global Submersible Motors Market Size Growth Rate by Type (2020 VS 2024 VS 2031)
1.2.2 Single Phase Submersible Motors
1.2.3 Three Phase Submersible Motors
1.3 Market by Application
1.3.1 Global Submersible Motors Market Size Growth Rate by Application (2020 VS 2024 VS 2031)
1.3.2 Industrial
1.3.3 Agricultural
1.3.4 Residential
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Submersible Motors Market Size Estimates and Forecasts
2.1.1 Global Submersible Motors Revenue 2020-2031
2.1.2 Global Submersible Motors Sales 2020-2031
2.2 Submersible Motors Market Size by Region: 2024 Versus 2031
2.3 Submersible Motors Sales by Region (2020-2031)
2.3.1 Global Submersible Motors Sales by Region: 2020-2025
2.3.2 Global Submersible Motors Sales Forecast by Region (2026-2031)
2.3.3 Global Submersible Motors Sales Market Share by Region (2020-2031)
2.4 Submersible Motors Market Estimates and Projections by Region (2026-2031)
2.4.1 Global Submersible Motors Revenue by Region: 2020-2025
2.4.2 Global Submersible Motors Revenue Forecast by Region (2026-2031)
2.4.3 Global Submersible Motors Revenue Market Share by Region (2020-2031)
3 Market Segments
3.1 Breakdown Data by Type
3.1.1 Global Submersible Motors Sales by Type (2020-2031)
3.1.1.1 Global Submersible Motors Sales Volume by Type (2020-2031)
3.1.1.2 Global Submersible Motors Sales Market Share by Type (2020-2031)
3.1.2 Global Submersible Motors Revenue by Type (2020-2031)
3.1.2.1 Global Submersible Motors Revenue by Type (2020-2031)
3.1.2.2 Global Submersible Motors Revenue Market Share by Type (2020-2031)
3.1.3 Submersible Motors Average Selling Price (ASP) by Type (2020-2031)
3.2 Breakdown Data by Application
3.2.1 Global Submersible Motors Sales by Application (2020-2031)
3.2.1.1 Global Submersible Motors Sales Volume by Application (2020-2031)
3.2.1.2 Global Submersible Motors Sales Market Share by Application (2020-2031)
3.2.2 Global Submersible Motors Revenue by Application (2020-2031)
3.2.2.1 Global Submersible Motors Revenue by Application (2020-2031)
3.2.2.2 Global Submersible Motors Revenue Market Share by Application (2020-2031)
3.2.3 Submersible Motors Average Selling Price (ASP) by Application (2020-2031)
3.3 by Type and by Application Crossing Analysis
3.3.1 Single Phase Submersible Motors of Submersible Motors Revenue Market Share by Application
3.3.2 Three Phase Submersible Motors of Submersible Motors Revenue Market Share by Application
4 Global Submersible Motors by Manufacturers
4.1 Global Top Submersible Motors Manufacturers by Sales (2020-2025)
4.1.1 Global Submersible Motors Sales by Manufacturer (2020-2025)
4.1.2 Global Submersible Motors Sales Market Share by Manufacturer (2020-2025)
4.2 Global Top Submersible Motors Manufacturers by Revenue (2020-2025)
4.2.1 Global Submersible Motors Revenue by Manufacturer (2020-2025)
4.2.2 Global Submersible Motors Revenue Share by Manufacturer (2020-2025)
4.3 Global Submersible Motors Price by Manufacturer (2020-2025)
4.4 Competitive Landscape
4.4.1 Key Submersible Motors Manufacturers Covered: Ranking by Revenue
4.4.2 Global Submersible Motors Market Concentration Ratio (CR5 and HHI) & (2020-2025)
4.4.3 Global Submersible Motors Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.5 Global Submersible Motors Manufacturing Base Distribution, Product Type
4.5.1 Submersible Motors Manufacturers Manufacturing Base Distribution, Headquarters
4.5.2 Date of International Manufacturers Enter into Submersible Motors Market
4.5.3 Manufacturers Submersible Motors Product Type and Application
4.5.4 Single Phase Submersible Motors Market Sales of Submersible Motors by Manufacturer
4.5.5 Three Phase Submersible Motors Market Sales of Submersible Motors by Manufacturer
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
5 Company Profiles
5.1 Franklin Electric
5.1.1 Franklin Electric Company Information
5.1.2 Franklin Electric Description, Business Overview
5.1.3 Franklin Electric Submersible Motors Products Offered
5.1.4 Franklin Electric Submersible Motors Sales, Revenue and Gross Margin (2020-2025)
5.1.5 Franklin Electric Submersible Motors Sales by Product in 2024
5.1.6 Franklin Electric Submersible Motors Sales by Application in 2024
5.1.7 Franklin Electric Submersible Motors Sales by Geographic Area in 2024
5.1.8 Franklin Electric Recent Developments
5.2 Grundfos
5.2.1 Grundfos Company Information
5.2.2 Grundfos Description, Business Overview
5.2.3 Grundfos Submersible Motors Products Offered
5.2.4 Grundfos Submersible Motors Sales, Revenue and Gross Margin (2020-2025)
5.2.5 Grundfos Submersible Motors Sales by Product in 2024
5.2.6 Grundfos Submersible Motors Sales by Application in 2024
5.2.7 Grundfos Submersible Motors Sales by Geographic Area in 2024
5.2.8 Grundfos Recent Developments
5.3 Flowserve
5.3.1 Flowserve Company Information
5.3.2 Flowserve Description, Business Overview
5.3.3 Flowserve Submersible Motors Products Offered
5.3.4 Flowserve Submersible Motors Sales, Revenue and Gross Margin (2020-2025)
5.3.5 Flowserve Submersible Motors Sales by Product in 2024
5.3.6 Flowserve Submersible Motors Sales by Application in 2024
5.3.7 Flowserve Submersible Motors Sales by Geographic Area in 2024
5.3.8 Flowserve Recent Developments
5.4 Faradyne Motors
5.4.1 Faradyne Motors Company Information
5.4.2 Faradyne Motors Description, Business Overview
5.4.3 Faradyne Motors Submersible Motors Products Offered
5.4.4 Faradyne Motors Submersible Motors Sales, Revenue and Gross Margin (2020-2025)
5.4.5 Faradyne Motors Submersible Motors Sales by Product in 2024
5.4.6 Faradyne Motors Submersible Motors Sales by Application in 2024
5.4.7 Faradyne Motors Submersible Motors Sales by Geographic Area in 2024
5.4.8 Faradyne Motors Recent Developments
5.5 Andritz Group
5.5.1 Andritz Group Company Information
5.5.2 Andritz Group Description, Business Overview
5.5.3 Andritz Group Submersible Motors Products Offered
5.5.4 Andritz Group Submersible Motors Sales, Revenue and Gross Margin (2020-2025)
5.5.5 Andritz Group Submersible Motors Sales by Product in 2024
5.5.6 Andritz Group Submersible Motors Sales by Application in 2024
5.5.7 Andritz Group Submersible Motors Sales by Geographic Area in 2024
5.5.8 Andritz Group Recent Developments
5.6 General Electric
5.6.1 General Electric Company Information
5.6.2 General Electric Description, Business Overview
5.6.3 General Electric Submersible Motors Products Offered
5.6.4 General Electric Submersible Motors Sales, Revenue and Gross Margin (2020-2025)
5.6.5 General Electric Submersible Motors Sales by Product in 2024
5.6.6 General Electric Submersible Motors Sales by Application in 2024
5.6.7 General Electric Submersible Motors Sales by Geographic Area in 2024
5.6.8 General Electric Recent Developments
5.7 Shakti Pumps
5.7.1 Shakti Pumps Company Information
5.7.2 Shakti Pumps Description, Business Overview
5.7.3 Shakti Pumps Submersible Motors Products Offered
5.7.4 Shakti Pumps Submersible Motors Sales, Revenue and Gross Margin (2020-2025)
5.7.5 Shakti Pumps Submersible Motors Sales by Product in 2024
5.7.6 Shakti Pumps Submersible Motors Sales by Application in 2024
5.7.7 Shakti Pumps Submersible Motors Sales by Geographic Area in 2024
5.7.8 Shakti Pumps Recent Developments
5.8 Pedrollo
5.8.1 Pedrollo Company Information
5.8.2 Pedrollo Description, Business Overview
5.8.3 Pedrollo Submersible Motors Products Offered
5.8.4 Pedrollo Submersible Motors Sales, Revenue and Gross Margin (2020-2025)
5.8.5 Pedrollo Submersible Motors Sales by Product in 2024
5.8.6 Pedrollo Submersible Motors Sales by Application in 2024
5.8.7 Pedrollo Submersible Motors Sales by Geographic Area in 2024
5.8.8 Pedrollo Recent Developments
5.9 Sumoto
5.9.1 Sumoto Company Information
5.9.2 Sumoto Description, Business Overview
5.9.3 Sumoto Submersible Motors Products Offered
5.9.4 Sumoto Submersible Motors Sales, Revenue and Gross Margin (2020-2025)
5.9.5 Sumoto Submersible Motors Sales by Product in 2024
5.9.6 Sumoto Submersible Motors Sales by Application in 2024
5.9.7 Sumoto Submersible Motors Sales by Geographic Area in 2024
5.9.8 Sumoto Recent Developments
5.10 Lubi Pumps
5.10.1 Lubi Pumps Company Information
5.10.2 Lubi Pumps Description, Business Overview
5.10.3 Lubi Pumps Submersible Motors Products Offered
5.10.4 Lubi Pumps Submersible Motors Sales, Revenue and Gross Margin (2020-2025)
5.10.5 Lubi Pumps Submersible Motors Sales by Product in 2024
5.10.6 Lubi Pumps Submersible Motors Sales by Application in 2024
5.10.7 Lubi Pumps Submersible Motors Sales by Geographic Area in 2024
5.10.8 Lubi Pumps Recent Developments
5.11 Baldor Electric
5.11.1 Baldor Electric Company Information
5.11.2 Baldor Electric Description, Business Overview
5.11.3 Baldor Electric Submersible Motors Products Offered
5.11.4 Baldor Electric Submersible Motors Sales, Revenue and Gross Margin (2020-2025)
5.11.5 Baldor Electric Submersible Motors Sales by Product in 2024
5.11.6 Baldor Electric Submersible Motors Sales by Application in 2024
5.11.7 Baldor Electric Submersible Motors Sales by Geographic Area in 2024
5.11.8 Baldor Electric Recent Developments
5.12 Hitachi
5.12.1 Hitachi Company Information
5.12.2 Hitachi Description, Business Overview
5.12.3 Hitachi Submersible Motors Products Offered
5.12.4 Hitachi Submersible Motors Sales, Revenue and Gross Margin (2020-2025)
5.12.5 Hitachi Submersible Motors Sales by Product in 2024
5.12.6 Hitachi Submersible Motors Sales by Application in 2024
5.12.7 Hitachi Submersible Motors Sales by Geographic Area in 2024
5.12.8 Hitachi Recent Developments
5.13 Ingeteam
5.13.1 Ingeteam Company Information
5.13.2 Ingeteam Description, Business Overview
5.13.3 Ingeteam Submersible Motors Products Offered
5.13.4 Ingeteam Submersible Motors Sales, Revenue and Gross Margin (2020-2025)
5.13.5 Ingeteam Submersible Motors Sales by Product in 2024
5.13.6 Ingeteam Submersible Motors Sales by Application in 2024
5.13.7 Ingeteam Submersible Motors Sales by Geographic Area in 2024
5.13.8 Ingeteam Recent Developments
5.14 Caprari
5.14.1 Caprari Company Information
5.14.2 Caprari Description, Business Overview
5.14.3 Caprari Submersible Motors Products Offered
5.14.4 Caprari Submersible Motors Sales, Revenue and Gross Margin (2020-2025)
5.14.5 Caprari Submersible Motors Sales by Product in 2024
5.14.6 Caprari Submersible Motors Sales by Application in 2024
5.14.7 Caprari Submersible Motors Sales by Geographic Area in 2024
5.14.8 Caprari Recent Developments
5.15 Aote Pump
5.15.1 Aote Pump Company Information
5.15.2 Aote Pump Description, Business Overview
5.15.3 Aote Pump Submersible Motors Products Offered
5.15.4 Aote Pump Submersible Motors Sales, Revenue and Gross Margin (2020-2025)
5.15.5 Aote Pump Submersible Motors Sales by Product in 2024
5.15.6 Aote Pump Submersible Motors Sales by Application in 2024
5.15.7 Aote Pump Submersible Motors Sales by Geographic Area in 2024
5.15.8 Aote Pump Recent Developments
5.16 Zhenda Pump
5.16.1 Zhenda Pump Company Information
5.16.2 Zhenda Pump Description, Business Overview
5.16.3 Zhenda Pump Submersible Motors Products Offered
5.16.4 Zhenda Pump Submersible Motors Sales, Revenue and Gross Margin (2020-2025)
5.16.5 Zhenda Pump Submersible Motors Sales by Product in 2024
5.16.6 Zhenda Pump Submersible Motors Sales by Application in 2024
5.16.7 Zhenda Pump Submersible Motors Sales by Geographic Area in 2024
5.16.8 Zhenda Pump Recent Developments
5.17 ABB
5.17.1 ABB Company Information
5.17.2 ABB Description, Business Overview
5.17.3 ABB Submersible Motors Products Offered
5.17.4 ABB Submersible Motors Sales, Revenue and Gross Margin (2020-2025)
5.17.5 ABB Submersible Motors Sales by Product in 2024
5.17.6 ABB Submersible Motors Sales by Application in 2024
5.17.7 ABB Submersible Motors Sales by Geographic Area in 2024
5.17.8 ABB Recent Developments
6 North America
6.1 North America Submersible Motors Market Size YoY Growth 2020-2031
6.2 North America Submersible Motors Market Facts & Figures by Country
6.2.1 North America Submersible Motors Sales by Country (2020-2031)
6.2.2 North America Submersible Motors Revenue by Country (2020-2031)
6.3 North America Submersible Motors Sales by Type (2020-2025)
6.4 North America Submersible Motors Sales by Application (2020-2025)
7 Asia-Pacific
7.1 Asia-Pacific Submersible Motors Market Size YoY Growth 2020-2031
7.2 Asia-Pacific Submersible Motors Market Facts & Figures by Region
7.2.1 Asia-Pacific Submersible Motors Sales by Region (2020-2031)
7.2.2 Asia-Pacific Submersible Motors Revenue by Region (2020-2031)
7.3 Asia-Pacific Submersible Motors Sales by Type (2020-2025)
7.4 Asia-Pacific Submersible Motors Sales by Application (2020-2025)
8 Europe
8.1 Europe Submersible Motors Market Size YoY Growth 2020-2031
8.2 Europe Submersible Motors Market Facts & Figures by Country
8.2.1 Europe Submersible Motors Sales by Country (2020-2031)
8.2.2 Europe Submersible Motors Revenue by Country (2020-2031)
8.3 Europe Submersible Motors Sales by Type (2020-2025)
8.4 Europe Submersible Motors Sales by Application (2020-2025)
9 Latin America
9.1 Latin America Submersible Motors Market Size YoY Growth 2020-2031
9.2 Latin America Submersible Motors Market Facts & Figures by Country
9.2.1 Latin America Submersible Motors Sales by Country (2020-2031)
9.2.2 Latin America Submersible Motors Revenue by Country (2020-2031)
9.3 Latin America Submersible Motors Sales by Type (2020-2025)
9.4 Latin America Submersible Motors Sales by Application (2020-2025)
10 Middle East and Africa
10.1 Latin America Submersible Motors Market Size YoY Growth 2020-2031
10.2 Middle East and Africa Submersible Motors Market Facts & Figures by Country
10.2.1 Middle East and Africa Submersible Motors Sales by Country (2020-2031)
10.2.2 Middle East and Africa Submersible Motors Revenue by Country (2020-2031)
10.3 Middle East and Africa Submersible Motors Sales by Type (2020-2025)
10.4 Middle East and Africa Submersible Motors Sales by Application (2020-2025)
11 Supply Chain and Sales Channel analysis
11.1 Submersible Motors Supply Chain Analysis
11.2 Submersible Motors Key Raw Materials and Upstream Suppliers
11.3 Submersible Motors Clients Analysis
11.4 Submersible Motors Sales Channel and Sales Model Analysis
11.4.1 Submersible Motors Distribution Channel Analysis: Indirect Sales VS Direct Sales
11.4.2 Submersible Motors Distribution Channel Analysis: Online Sales VS Offline Sales
11.4.3 Submersible Motors Distributors
12 Submersible Motors Market Dynamics
12.1 Submersible Motors Industry Trends
12.2 Submersible Motors Market Drivers
12.3 Submersible Motors Market Challenges
12.4 Submersible Motors Market Restraints
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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