Market Overview:
The global seawater submersible pump 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 seawater submersible pumps in various applications such as industrial, agricultural, building and others. Additionally, the growing population and rapid industrialization in developing countries are also contributing to the growth of this market. On the basis of type, single stage submersible pumps accounted for a major share of the global seawater submersible pump market in 2017. This segment is projected to grow at a CAGR of 5% during the forecast period from 2018 to 2030.
Product Definition:
A seawater submersible pump is a type of centrifugal pump used to move seawater. They are often used in applications where fresh water is not available, such as in the offshore oil and gas industry or in desalination plants.
Single Stage Submersible Pump:
Single-stage submersible pumps (SSSP) are used to move fluid in a vertical or horizontal direction at constant or variable speed. They are mainly used for transferring fluids in and out of vessels, including offshore rigs, production storage tanks, processing plants and chemical storage tanks.
Multi Stage Submersible Pump:
Multi-stage submersible pumps (MSSP) are used to raise water or to lower the water level in a well. It consists of impellers, which are driven by electric motors and can be used for various applications including waste treatment, desalination plants, power generation and others.
Application Insights:
The industrial application segment accounted for the largest revenue share of over 50% in 2017. The rising demand for water with higher salinity from various industries including oil & gas, chemical, and power generation is expected to drive product demand in this segment.
Seawater submersible pumps are used as prime equipment in several agricultural applications such as irrigation systems and drainage systems to provide water of required quality across farms worldwide. Moreover, they are also used extensively across building applications owing to their ability to deliver high flow rates while operating at low pressure differentials that can cause problems with other types of pumps such as backpressure or cavitation formation. The presence of a large number of end-users coupled with the growing urban population globally is expected to boost product demand across these applications over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization, which has led to an increase in demand for water supply and wastewater treatment services. In addition, rising population coupled with increasing per capita income levels is likely to boost residential construction activities across emerging economies such as China and India, thereby driving product demand over the forecast period.
The presence of a large number of offshore oil wells in countries such as Indonesia, Vietnam, Thailand etc., have resulted in increased exploration activities across this region. This factor is anticipated to drive product demand during the estimated time span owing to high pressure requirements while drilling operations are being carried out at sea floor level using these pumps for producing oil from deepwater wells under severe conditions (high temperature & high pressure).
Growth Factors:
- Increasing demand from the water and wastewater treatment industry for seawater submersible pumps is expected to drive the market growth.
- Rising investments in infrastructure development projects across the globe is also anticipated to fuel market growth over the forecast period.
- Growing popularity of seawater submersible pumps for various industrial applications is projected to boost demand over the next few years.
- Technological advancements in pump design and manufacturing are likely to create new opportunities for market players in the near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Seawater Submersible Pump Market Research Report
By Type
Single Stage Submersible Pump, Multi Stage Submersible Pump
By Application
Industrial, Agricultural, Building, Other
By Companies
Xylem, Sulzer, KSB Group, Grundfos, Ebara
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Seawater Submersible Pump Market Report Segments:
The global Seawater Submersible Pump market is segmented on the basis of:
Types
Single Stage Submersible Pump, Multi Stage 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
Industrial, Agricultural, Building, Other
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:
- Xylem
- Sulzer
- KSB Group
- Grundfos
- Ebara
Highlights of The Seawater Submersible Pump 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:
- Single Stage Submersible Pump
- Multi Stage Submersible Pump
- By Application:
- Industrial
- Agricultural
- Building
- Other
- 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 Seawater Submersible Pump 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A seawater submersible pump is a device that uses the power of water to move objects or substances from one location to another. It is typically used in marine environments, such as ports and harbors, where it can be used to move cargo or water.
Some of the major players in the seawater submersible pump market are Xylem, Sulzer, KSB Group, Grundfos, Ebara.
The seawater submersible pump market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Seawater Submersible Pump 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. Seawater Submersible Pump Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Seawater Submersible Pump Market - Supply Chain
4.5. Global Seawater Submersible Pump Market Forecast
4.5.1. Seawater Submersible Pump Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Seawater Submersible Pump Market Size (000 Units) and Y-o-Y Growth
4.5.3. Seawater Submersible Pump Market Absolute $ Opportunity
5. Global Seawater Submersible Pump 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. Seawater Submersible Pump Market Size and Volume Forecast by Type
5.3.1. Single Stage Submersible Pump
5.3.2. Multi Stage Submersible Pump
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Seawater Submersible Pump 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. Seawater Submersible Pump Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Agricultural
6.3.3. Building
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Seawater Submersible Pump 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. Seawater Submersible Pump 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 Seawater Submersible Pump 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. Seawater Submersible Pump 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 Seawater Submersible Pump Demand Share Forecast, 2019-2026
9. North America Seawater Submersible Pump 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 Seawater Submersible Pump 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 Seawater Submersible Pump Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Agricultural
9.4.3. Building
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Seawater Submersible Pump Market Size and Volume Forecast by Type
9.7.1. Single Stage Submersible Pump
9.7.2. Multi Stage 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 Seawater Submersible Pump Demand Share Forecast, 2019-2026
10. Latin America Seawater Submersible Pump 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 Seawater Submersible Pump 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 Seawater Submersible Pump Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Agricultural
10.4.3. Building
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Seawater Submersible Pump Market Size and Volume Forecast by Type
10.7.1. Single Stage Submersible Pump
10.7.2. Multi Stage 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 Seawater Submersible Pump Demand Share Forecast, 2019-2026
11. Europe Seawater Submersible Pump 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 Seawater Submersible Pump 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 Seawater Submersible Pump Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Agricultural
11.4.3. Building
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Seawater Submersible Pump Market Size and Volume Forecast by Type
11.7.1. Single Stage Submersible Pump
11.7.2. Multi Stage Submersible Pup
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 Seawater Submersible Pump Demand Share, 2019-2026
12. Asia Pacific Seawater Submersible Pump 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 Seawater Submersible Pump 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 Seawater Submersible Pump Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Agricultural
12.4.3. Building
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Seawater Submersible Pump Market Size and Volume Forecast by Type
12.7.1. Single Stage Submersible Pump
12.7.2. Multi Stage 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 Seawater Submersible Pump Demand Share, 2019-2026
13. Middle East & Africa Seawater Submersible Pump 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 Seawater Submersible Pump 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 Seawater Submersible Pump Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Agricultural
13.4.3. Building
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Seawater Submersible Pump Market Size and Volume Forecast by Type
13.7.1. Single Stage Submersible Pump
13.7.2. Multi Stage 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 Seawater Submersible Pump Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Seawater Submersible Pump Market: Market Share Analysis
14.2. Seawater Submersible Pump Distributors and Customers
14.3. Seawater Submersible Pump Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Xylem
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sulzer
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. KSB Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Grundfos
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ebara
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
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
