Market Overview:
The global heavy-duty submersible pumps market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for heavy-duty submersible pumps in various applications such as chemical industry, petroleum and natural gas, mining industry, and others. Additionally, the growing infrastructure development in emerging economies is also propelling the growth of the global heavy-duty submersible pumps market.
Product Definition:
Heavy-duty submersible pumps are used to move large quantities of water quickly and efficiently. They are an important tool for firefighters, as they can be used to pump water from a body of water onto a fire scene. Heavy-duty submersible pumps can also be used in construction and mining applications to move large amounts of liquid quickly and efficiently.
Well Submersible Pumps:
Well submersible pumps are used to transfer fluids in wellbores under pressure. They are widely used for oil extraction and water pumping applications. The market is expected to grow at a significant rate owing to the increasing demand from offshore oilfields particularly in Latin America, Africa, and Asia Pacific regions.
The global Well Submersible Pumps market was valued at USD 4,567 million in 2015.
Submersible Sand Pump:
A submersible sand pump is a mechanical device used to move sand or other viscous fluids. It is mainly used in the oil & gas industry for various applications such as production well maintenance, drilling mud pumping, and fluid transfer operations. The working principle of these pumps is based on suction and discharge mechanism.
Application Insights:
The others application segment includes water treatment, agriculture and hydropower. The demand for the heavy-duty submersible pumps is expected to grow at a significant rate owing to their applications in various industries including chemical, petroleum and natural gas, mining, etc. Chemical industry accounted for more than 30% of the overall revenue share in 2017 on account of its extensive use in numerous processes such as crude oil refining, metal plating & electrolysis.
In addition to this growth drivers such as increasing population coupled with industrialization are likely to increase product demand across several applications which include municipal wastewater treatment plants and agricultural irrigation systems globally over the forecast period thereby driving market growth during the study period.
Growing need for energy along with rising environmental concerns regarding waste discharge from power generation facilities has driven major manufacturers towards developing products that are environment friendly.
Regional Analysis:
Asia Pacific dominated the global heavy-duty submersible pumps market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in various end-use industries, which is anticipated to drive product demand. In addition, countries such as China and India are experiencing strong economic growth, which will further boost product demand across a wide range of applications.
The Middle East & Africa region is projected to grow at a lucrative rate over the forecast period owing to increasing oil & gas production activities coupled with rising government investments for water treatment projects aimed at improving municipal wastewater management systems in Saudi Arabia and UAE. These factors are likely to contribute toward increased market penetration rates of these pumps across several major cities within both countries during the forecast period from 2018 to 2030 (estimated).
In North America, U.S.
Growth Factors:
- Increasing demand from water and wastewater management industry
- Rising investments in infrastructure development
- Growing awareness about the benefits of using heavy-duty submersible pumps
- Proliferation of smart technologies in pump systems
- Rapid urbanization and industrialization
Scope Of The Report
Report Attributes
Report Details
Report Title
Heavy-duty Submersible Pumps Market Research Report
By Type
Well Submersible Pumps, Submersible Sand Pump, Submersible Sewage Pump, Fountain Submersible Pump
By Application
Chemical Industry, Petroleum and Natural Gas, Mining Industry, Others
By Companies
Schlumberger, Borets, Shengli Pump, Baker Hughe, Halliburton, Canadian Advanced ESP, Sulzer, Tsurumi Pump, Piranha Pumps and Dredges, Gorman-Rupp Pumps, T-T Pumps
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Heavy-duty Submersible Pumps Market Report Segments:
The global Heavy-duty Submersible Pumps market is segmented on the basis of:
Types
Well Submersible Pumps, Submersible Sand Pump, Submersible Sewage Pump, Fountain Submersible Pump
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical Industry, Petroleum and Natural Gas, Mining Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Schlumberger
- Borets
- Shengli Pump
- Baker Hughe
- Halliburton
- Canadian Advanced ESP
- Sulzer
- Tsurumi Pump
- Piranha Pumps and Dredges
- Gorman-Rupp Pumps
- T-T Pumps
Highlights of The Heavy-duty Submersible Pumps Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Well Submersible Pumps
- Submersible Sand Pump
- Submersible Sewage Pump
- Fountain Submersible Pump
- By Application:
- Chemical Industry
- Petroleum and Natural Gas
- Mining Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Heavy-duty Submersible Pumps Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Heavy-duty submersible pumps are designed for high-pressure applications in water, oil and gas. They can handle a wide range of liquids and gases, making them ideal for industrial use.
Some of the key players operating in the heavy-duty submersible pumps market are Schlumberger, Borets, Shengli Pump, Baker Hughe, Halliburton, Canadian Advanced ESP, Sulzer, Tsurumi Pump, Piranha Pumps and Dredges, Gorman-Rupp Pumps, T-T Pumps.
The heavy-duty submersible pumps market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Heavy-duty Submersible Pumps Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Heavy-duty Submersible Pumps Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Heavy-duty Submersible Pumps Market - Supply Chain
4.5. Global Heavy-duty Submersible Pumps Market Forecast
4.5.1. Heavy-duty Submersible Pumps Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Heavy-duty Submersible Pumps Market Size (000 Units) and Y-o-Y Growth
4.5.3. Heavy-duty Submersible Pumps Market Absolute $ Opportunity
5. Global Heavy-duty Submersible Pumps Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Heavy-duty Submersible Pumps Market Size and Volume Forecast by Type
5.3.1. Well Submersible Pumps
5.3.2. Submersible Sand Pump
5.3.3. Submersible Sewage Pump
5.3.4. Fountain Submersible Pump
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Heavy-duty Submersible Pumps Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Heavy-duty Submersible Pumps Market Size and Volume Forecast by Application
6.3.1. Chemical Industry
6.3.2. Petroleum and Natural Gas
6.3.3. Mining Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Heavy-duty Submersible Pumps Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Heavy-duty Submersible Pumps Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Heavy-duty Submersible Pumps Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Heavy-duty Submersible Pumps Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Heavy-duty Submersible Pumps Demand Share Forecast, 2019-2026
9. North America Heavy-duty Submersible Pumps Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Heavy-duty Submersible Pumps Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Heavy-duty Submersible Pumps Market Size and Volume Forecast by Application
9.4.1. Chemical Industry
9.4.2. Petroleum and Natural Gas
9.4.3. Mining Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Heavy-duty Submersible Pumps Market Size and Volume Forecast by Type
9.7.1. Well Submersible Pumps
9.7.2. Submersible Sand Pump
9.7.3. Submersible Sewage Pump
9.7.4. Fountain Submersible Pump
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Heavy-duty Submersible Pumps Demand Share Forecast, 2019-2026
10. Latin America Heavy-duty Submersible Pumps Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Heavy-duty Submersible Pumps Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Heavy-duty Submersible Pumps Market Size and Volume Forecast by Application
10.4.1. Chemical Industry
10.4.2. Petroleum and Natural Gas
10.4.3. Mining Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Heavy-duty Submersible Pumps Market Size and Volume Forecast by Type
10.7.1. Well Submersible Pumps
10.7.2. Submersible Sand Pump
10.7.3. Submersible Sewage Pump
10.7.4. Fountain Submersible Pump
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Heavy-duty Submersible Pumps Demand Share Forecast, 2019-2026
11. Europe Heavy-duty Submersible Pumps Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Heavy-duty Submersible Pumps Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Heavy-duty Submersible Pumps Market Size and Volume Forecast by Application
11.4.1. Chemical Industry
11.4.2. Petroleum and Natural Gas
11.4.3. Mining Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Heavy-duty Submersible Pumps Market Size and Volume Forecast by Type
11.7.1. Well Submersible Pumps
11.7.2. Submersible Sand Pump
11.7.3. Submersible Sewage Pump
11.7.4. Fountain Submersible Pump
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Heavy-duty Submersible Pumps Demand Share, 2019-2026
12. Asia Pacific Heavy-duty Submersible Pumps Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Heavy-duty Submersible Pumps Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Heavy-duty Submersible Pumps Market Size and Volume Forecast by Application
12.4.1. Chemical Industry
12.4.2. Petroleum and Natural Gas
12.4.3. Mining Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Heavy-duty Submersible Pumps Market Size and Volume Forecast by Type
12.7.1. Well Submersible Pumps
12.7.2. Submersible Sand Pump
12.7.3. Submersible Sewage Pump
12.7.4. Fountain Submersible Pump
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Heavy-duty Submersible Pumps Demand Share, 2019-2026
13. Middle East & Africa Heavy-duty Submersible Pumps Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Heavy-duty Submersible Pumps Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Heavy-duty Submersible Pumps Market Size and Volume Forecast by Application
13.4.1. Chemical Industry
13.4.2. Petroleum and Natural Gas
13.4.3. Mining Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Heavy-duty Submersible Pumps Market Size and Volume Forecast by Type
13.7.1. Well Submersible Pumps
13.7.2. Submersible Sand Pump
13.7.3. Submersible Sewage Pump
13.7.4. Fountain Submersible Pump
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Heavy-duty Submersible Pumps Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Heavy-duty Submersible Pumps Market: Market Share Analysis
14.2. Heavy-duty Submersible Pumps Distributors and Customers
14.3. Heavy-duty Submersible Pumps Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schlumberger
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Borets
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Shengli Pump
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Baker Hughe
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Halliburton
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Canadian Advanced ESP
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sulzer
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tsurumi Pump
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Piranha Pumps and Dredges
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gorman-Rupp Pumps
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. T-T Pumps
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
