The global submersible turbine pumps market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for water in various industries such as agriculture, municipal, and industrial sectors. The increasing population and urbanization are also driving the demand for water in these sectors.
The ductile iron pump segment accounted for the largest share of the global submersible turbine pumps market in 2017, followed by stainless steel pump segment. The ductile iron pump segment is expected to maintain its dominance throughout the forecast period due to its low cost and high durability features which make it suitable for use in municipal applications such as firefighting and agriculture applications such as irrigation systems.
- The increasing demand for clean water in developing countries is expected to drive the growth of the submersible turbine pump market.
- The increasing population and urbanization in developing countries is expected to drive the growth of the submersible turbine pump market.
- The growing need for energy efficient pumps is expected to drive the growth of the submersible turbine pump market.
- Increasing awareness about water conservation and its benefits are expected to drive the growth of this market over time, as it will help reduce water wastage and pollution levels, which will lead to a reduction in demand for fresh water from other sources such as rivers, lakes, or reservoirs that may not be sustainable over time due to their limited supply levels.
- Increasing investments by governments in infrastructure projects such as dams and irrigation systems are also driving this market.
Industry Growth Insights published a new data on “Submersible Turbine Pumps Market”. The research report is titled “Submersible Turbine Pumps Market research by Types (Ductile Iron Pump, Stainless Steel Pump, Other Pump), By Applications (Municipal, Firefighting, Agriculture, Industrial, Other), By Players/Companies Gorman Rupp (National Pump), Pentair Aurora Pump, Simflo Pump, Process Systems, Xylem, Grundfos, Flowserve, Ruhrpumpen, Hydroflo Pumps, Sulzer”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Submersible Turbine Pumps Market Research Report
By Type
Ductile Iron Pump, Stainless Steel Pump, Other Pump
By Application
Municipal, Firefighting, Agriculture, Industrial, Other
By Companies
Gorman Rupp (National Pump), Pentair Aurora Pump, Simflo Pump, Process Systems, Xylem, Grundfos, Flowserve, Ruhrpumpen, Hydroflo Pumps, Sulzer
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Submersible Turbine Pumps Market Report Segments:
The global Submersible Turbine Pumps market is segmented on the basis of:
Types
Ductile Iron Pump, Stainless Steel Pump, Other 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
Municipal, Firefighting, Agriculture, Industrial, 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:
- Gorman Rupp (National Pump)
- Pentair Aurora Pump
- Simflo Pump
- Process Systems
- Xylem
- Grundfos
- Flowserve
- Ruhrpumpen
- Hydroflo Pumps
- Sulzer
Highlights of The Submersible Turbine 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:
- Ductile Iron Pump
- Stainless Steel Pump
- Other Pump
- By Application:
- Municipal
- Firefighting
- Agriculture
- Industrial
- 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 Submersible Turbine 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.
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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?
Submersible turbine pumps are used to move water or other fluids in a subterranean environment. They are typically powered by electricity, but can also be operated using diesel engines. These pumps work by extracting energy from the flowing fluid and converting it into rotational motion, which is then used to drive the pump's impellers.
Some of the major players in the submersible turbine pumps market are Gorman Rupp (National Pump), Pentair Aurora Pump, Simflo Pump, Process Systems, Xylem, Grundfos, Flowserve, Ruhrpumpen, Hydroflo Pumps, Sulzer.
The submersible turbine pumps market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Submersible Turbine 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. Submersible Turbine Pumps Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Submersible Turbine Pumps Market - Supply Chain
4.5. Global Submersible Turbine Pumps Market Forecast
4.5.1. Submersible Turbine Pumps Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Submersible Turbine Pumps Market Size (000 Units) and Y-o-Y Growth
4.5.3. Submersible Turbine Pumps Market Absolute $ Opportunity
5. Global Submersible Turbine 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. Submersible Turbine Pumps Market Size and Volume Forecast by Type
5.3.1. Ductile Iron Pump
5.3.2. Stainless Steel Pump
5.3.3. Other Pump
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Submersible Turbine 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. Submersible Turbine Pumps Market Size and Volume Forecast by Application
6.3.1. Municipal
6.3.2. Firefighting
6.3.3. Agriculture
6.3.4. Industrial
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Submersible Turbine 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. Submersible Turbine 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 Submersible Turbine 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. Submersible Turbine 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 Submersible Turbine Pumps Demand Share Forecast, 2019-2026
9. North America Submersible Turbine 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 Submersible Turbine 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 Submersible Turbine Pumps Market Size and Volume Forecast by Application
9.4.1. Municipal
9.4.2. Firefighting
9.4.3. Agriculture
9.4.4. Industrial
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Submersible Turbine Pumps Market Size and Volume Forecast by Type
9.7.1. Ductile Iron Pump
9.7.2. Stainless Steel Pump
9.7.3. Other 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 Submersible Turbine Pumps Demand Share Forecast, 2019-2026
10. Latin America Submersible Turbine 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 Submersible Turbine 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 Submersible Turbine Pumps Market Size and Volume Forecast by Application
10.4.1. Municipal
10.4.2. Firefighting
10.4.3. Agriculture
10.4.4. Industrial
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Submersible Turbine Pumps Market Size and Volume Forecast by Type
10.7.1. Ductile Iron Pump
10.7.2. Stainless Steel Pump
10.7.3. Other 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 Submersible Turbine Pumps Demand Share Forecast, 2019-2026
11. Europe Submersible Turbine 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 Submersible Turbine 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 Submersible Turbine Pumps Market Size and Volume Forecast by Application
11.4.1. Municipal
11.4.2. Firefighting
11.4.3. Agriculture
11.4.4. Industrial
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Submersible Turbine Pumps Market Size and Volume Forecast by Type
11.7.1. Ductile Iron Pump
11.7.2. Stainless Steel Pump
11.7.3. Other 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 Submersible Turbine Pumps Demand Share, 2019-2026
12. Asia Pacific Submersible Turbine 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 Submersible Turbine 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 Submersible Turbine Pumps Market Size and Volume Forecast by Application
12.4.1. Municipal
12.4.2. Firefighting
12.4.3. Agriculture
12.4.4. Industrial
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Submersible Turbine Pumps Market Size and Volume Forecast by Type
12.7.1. Ductile Iron Pump
12.7.2. Stainless Steel Pump
12.7.3. Other 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 Submersible Turbine Pumps Demand Share, 2019-2026
13. Middle East & Africa Submersible Turbine 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 Submersible Turbine 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 Submersible Turbine Pumps Market Size and Volume Forecast by Application
13.4.1. Municipal
13.4.2. Firefighting
13.4.3. Agriculture
13.4.4. Industrial
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Submersible Turbine Pumps Market Size and Volume Forecast by Type
13.7.1. Ductile Iron Pump
13.7.2. Stainless Steel Pump
13.7.3. Other 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 Submersible Turbine Pumps Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Submersible Turbine Pumps Market: Market Share Analysis
14.2. Submersible Turbine Pumps Distributors and Customers
14.3. Submersible Turbine Pumps Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Gorman Rupp (National Pump)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pentair Aurora Pump
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Simflo 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. Process Systems
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Xylem
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Grundfos
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Flowserve
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ruhrpumpen
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hydroflo Pumps
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sulzer
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
