Submersible Pumps Market
Submersible Pumps Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Submersible Pumps Market Size and Growth
The global submersible pumps market is projected to grow at a CAGR of 5.8% during the forecast period of 2021-2026. The market size is expected to reach $12.6 billion by 2026, driven by increasing demand for efficient water management systems in various industries such as agriculture, oil & gas, and mining.
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Companies Covered
(Covid 19 Impact Covered)
◍ General Electric
◍ Grundfos
◍ Borets
◍ Ebara
◍ Falcon Pumps
◍ Flowserve
◍ Kirloskar Brothers
◍ KSB
◍ Ruhrpumpen
◍ Sulzer
◍ Walrus America
The competitive landscape of the submersible pumps market includes companies such as General Electric, Grundfos, Borets, Ebara, Falcon Pumps, Flowserve, Kirloskar Brothers, KSB, Ruhrpumpen, Sulzer, and Walrus America. These companies use submersible pumps for various industrial applications and contribute to the growth of the market.
- General Electric: $95.21 billion
- Grundfos: $4.17 billion
- Ebara: $2.07 billion
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Market Segmentation
By Application
Water and Wastewater Management
Mining and Construction
Petroleum
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By
Product
Borewell Submersible Pump
Open Well Submersible Pump
Market Growth
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$ X Billion USD
