Key Insights
The European submersible pump market, valued at approximately €6.17 billion in 2025, is poised for significant expansion. This growth trajectory is propelled by substantial investments in water and wastewater infrastructure across key nations including Germany, France, and the UK. Drivers include escalating urbanization, industrial development, and the increasing demand for efficient water pumping solutions across diverse sectors such as mining, construction, and oil & gas. A projected Compound Annual Growth Rate (CAGR) of 5.9% from 2025 to 2033 underscores a consistent upward trend in market valuation. The demand for energy-efficient electric submersible pumps is particularly robust, further stimulated by government initiatives promoting sustainable practices. Despite potential challenges like raw material price volatility and supply chain disruptions, the market outlook remains favorable. Segment analysis highlights strong demand for borewell submersible pumps, driven by agricultural and domestic needs, alongside a notable share for pumps with a head of 50-100m, indicating a balanced requirement for both shallow and deep well applications. The competitive environment features established global entities such as Grundfos, Sulzer, and Franklin Electric, alongside specialized regional players, fostering market dynamism through innovation and competitive pricing.
Europe Submersible Pump Industry Market Size (In Billion)
Future growth will be significantly influenced by technological advancements, including smart pumps with remote monitoring capabilities, enhancing energy efficiency and predictive maintenance. The increasing adoption of these sophisticated pumps is expected to be a primary growth catalyst. Heightened awareness of water scarcity and the imperative for sustainable water management across Europe will further bolster demand. Continued industrial and construction expansion in major European economies will sustain robust market expansion. Anticipated market consolidation through strategic acquisitions and partnerships by leading companies aims to broaden market reach and product offerings.
Europe Submersible Pump Industry Company Market Share
This comprehensive report offers an in-depth analysis of the European submersible pump industry, providing critical insights for stakeholders navigating this evolving market. The study covers the period from 2019 to 2033, with 2025 as the base and estimated year. The forecast period extends from 2025 to 2033, following a historical period from 2019 to 2024. The report meticulously examines market size, segmentation, competitive dynamics, and future growth potential. Featuring insights on key players such as Flowserve Corp, Weir Group PLC, and Grundfos Holding A/S, this report is indispensable for strategic decision-making.
Europe Submersible Pump Industry Market Structure & Competitive Dynamics
The European submersible pump market exhibits a moderately concentrated structure, with a few dominant players holding significant market share. The leading companies, including Flowserve Corp, Weir Group PLC, Grundfos Holding A/S, Baker Hughes Co, and others, compete intensely, driving innovation and influencing market pricing. Market share data from 2024 indicates that the top 5 players account for approximately xx% of the total market revenue (estimated at xx Million). Innovation ecosystems are largely driven by R&D investments focused on improving energy efficiency, enhancing durability, and developing smart pump technologies. Regulatory frameworks, such as those related to water management and environmental protection, significantly impact the industry. The presence of substitute technologies, like centrifugal pumps, also influences market dynamics. End-user trends, particularly toward sustainable solutions, are shaping demand. M&A activities have been moderate in recent years, with deal values averaging around xx Million per transaction. Key M&A trends have included acquisitions aimed at expanding geographical reach and technological capabilities.
Europe Submersible Pump Industry Industry Trends & Insights
The European submersible pump market is projected to witness a CAGR of xx% during the forecast period (2025-2033). This growth is propelled by several factors, including increasing investments in water infrastructure projects across various sectors, rising demand for energy-efficient pumps driven by environmental concerns, and the expansion of the oil and gas industry in certain regions. Technological disruptions, such as the adoption of IoT-enabled pumps for remote monitoring and control, are transforming the industry. Consumer preferences are shifting towards higher-efficiency and more reliable pumps, leading to increased demand for premium products. Competitive dynamics remain intense, with companies focusing on product differentiation, technological innovation, and strategic partnerships to gain a competitive edge. Market penetration of smart pumps is expected to reach xx% by 2033, fueled by increasing automation and digitalization initiatives in water management and industrial applications.
Dominant Markets & Segments in Europe Submersible Pump Industry
- Leading Region: Western Europe (Germany, France, UK) dominates the market due to robust infrastructure development and high industrial activity.
- Leading Country: Germany holds the largest market share, driven by a strong manufacturing sector and substantial investments in water management.
- Dominant Segments:
- Type: Electric submersible pumps hold the largest market share due to their widespread applicability and cost-effectiveness. Borewell submersible pumps are also a significant segment driven by rural water supply needs.
- Drive Type: Electric drive type dominates, accounting for over xx% of the market due to its reliability and widespread availability of power grids.
- Head: The "Below 50m" head segment accounts for the largest portion of the market owing to the high number of applications requiring this head range.
- End-User: The water and wastewater sector remains the primary end-user, followed by the oil and gas industry, with significant growth opportunities in mining and construction.
Key drivers for these dominant segments include:
- Economic Policies: Government incentives and funding programs for infrastructure development.
- Infrastructure Development: Investment in water management, irrigation, and industrial projects.
Europe Submersible Pump Industry Product Innovations
Recent product developments focus on increasing energy efficiency, improving reliability through advanced materials and designs, and incorporating smart technologies for remote monitoring and predictive maintenance. These innovations are aimed at improving operational efficiency and reducing lifecycle costs, thereby catering to the rising demand for sustainable and cost-effective solutions. The integration of smart sensors and cloud-based analytics is enabling real-time monitoring of pump performance, leading to enhanced operational efficiency and reduced downtime. These innovations are enhancing the competitiveness of European pump manufacturers in the global market.
Report Segmentation & Scope
This report provides a detailed segmentation of the European submersible pump market across various parameters.
- By Type: Borewell Submersible Pump, Openwell Submersible Pump, Non-clog Submersible Pump, each segment displaying varying growth rates based on application demand and technological advancements.
- By Drive Type: Electric, Hydraulic, Other Drive Types. Electric drives dominate due to cost-effectiveness and readily available power supply.
- By Head: Below 50 m, Between 50 m to 100 m, Above 100 m. Each segment reflects different application requirements and presents unique challenges.
- By End-User: Water and Wastewater, Oil and Gas Industry, Mining and Construction Industry, Other End Users. The water and wastewater segment dominates due to substantial investments in water infrastructure.
Each segment's market size, growth projections, and competitive landscape are analyzed in detail within the report. The report provides individual market size and growth projections (in Millions) for each segment across the forecast period.
Key Drivers of Europe Submersible Pump Industry Growth
Several factors contribute to the growth of the European submersible pump industry. Technological advancements, such as the development of energy-efficient and smart pumps, are driving market expansion. Government initiatives focused on improving water infrastructure and promoting sustainable practices are also boosting demand. The continuous growth of industries like oil and gas and mining contributes to increased demand for specialized submersible pumps. Economic growth across various European countries, coupled with increased urbanization and industrialization, is creating a larger market for these pumps.
Challenges in the Europe Submersible Pump Industry Sector
The European submersible pump industry faces several challenges. Stringent environmental regulations necessitate the development of more environmentally friendly pumps, increasing production costs. Supply chain disruptions, particularly regarding raw materials, can impact production and pricing. Intense competition among established players and the entry of new entrants create price pressure. Fluctuations in energy prices can also impact the operational costs of pumping systems, thus affecting the overall market dynamics. These factors collectively pose significant challenges to industry growth and profitability.
Leading Players in the Europe Submersible Pump Industry Market
- Flowserve Corp
- Weir Group PLC
- Grundfos Holding A/S
- Baker Hughes Co
- Franklin Electric Co
- EBARA CORPORATION
- ITT Goulds Pumps Inc
- Borets International Ltd
- Atlas Copco AB Class A
- Halliburton Company
- Gorman-Rupp Co
- Sulzer AG
- Schlumberger Limited
- KSB SE & Co KgaA
Key Developments in Europe Submersible Pump Industry Sector
- June 2023: Grundfos launches a new line of energy-efficient submersible pumps for wastewater treatment.
- October 2022: Weir Group acquires a smaller pump manufacturer, expanding its product portfolio.
- March 2022: New EU regulations on pump energy efficiency come into effect.
Strategic Europe Submersible Pump Industry Market Outlook
The future of the European submersible pump market appears promising, driven by continued infrastructure investments, increasing industrial activity, and the growing adoption of energy-efficient and smart technologies. Significant opportunities exist for companies that can offer innovative, sustainable, and cost-effective solutions. Strategic partnerships and acquisitions will play a crucial role in shaping the market landscape. Companies that successfully adapt to evolving regulatory requirements and technological advancements are expected to thrive in this competitive market. The focus on sustainability and digitalization will continue to be key drivers for innovation and market growth in the coming years.
Europe Submersible Pump Industry Segmentation
-
1. Type
- 1.1. Borewell Submersible Pump
- 1.2. Openwell Submersible Pump
- 1.3. Non-clog Submersible Pump
-
2. Drive Type
- 2.1. Electric
- 2.2. Hydraulic
- 2.3. Other Drive Types
-
3. Head
- 3.1. Below 50 m
- 3.2. Between 50 m to 100 m
- 3.3. Above 100 m
-
4. End-User
- 4.1. Water and Wastewater
- 4.2. Oil and Gas Industry
- 4.3. Mining and Construction Industry
- 4.4. Other End Users
Europe Submersible Pump Industry Segmentation By Geography
- 1. Norway
- 2. Germany
- 3. Russia
- 4. United Kingdom
- 5. Rest of Europe
Europe Submersible Pump Industry Regional Market Share
Geographic Coverage of Europe Submersible Pump Industry
Europe Submersible Pump Industry REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 5.9% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. 4.; Rapid Recovery in the Oil and Gas and Mining Industries4.; Surge in the Construction Industry
- 3.3. Market Restrains
- 3.3.1. 4.; High Maintenance and Operation Costs of Submersible Pump Restrain the Market
- 3.4. Market Trends
- 3.4.1. Oil and Gas Industry to Witness Significant Demand
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Europe Submersible Pump Industry Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Borewell Submersible Pump
- 5.1.2. Openwell Submersible Pump
- 5.1.3. Non-clog Submersible Pump
- 5.2. Market Analysis, Insights and Forecast - by Drive Type
- 5.2.1. Electric
- 5.2.2. Hydraulic
- 5.2.3. Other Drive Types
- 5.3. Market Analysis, Insights and Forecast - by Head
- 5.3.1. Below 50 m
- 5.3.2. Between 50 m to 100 m
- 5.3.3. Above 100 m
- 5.4. Market Analysis, Insights and Forecast - by End-User
- 5.4.1. Water and Wastewater
- 5.4.2. Oil and Gas Industry
- 5.4.3. Mining and Construction Industry
- 5.4.4. Other End Users
- 5.5. Market Analysis, Insights and Forecast - by Region
- 5.5.1. Norway
- 5.5.2. Germany
- 5.5.3. Russia
- 5.5.4. United Kingdom
- 5.5.5. Rest of Europe
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. Norway Europe Submersible Pump Industry Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Type
- 6.1.1. Borewell Submersible Pump
- 6.1.2. Openwell Submersible Pump
- 6.1.3. Non-clog Submersible Pump
- 6.2. Market Analysis, Insights and Forecast - by Drive Type
- 6.2.1. Electric
- 6.2.2. Hydraulic
- 6.2.3. Other Drive Types
- 6.3. Market Analysis, Insights and Forecast - by Head
- 6.3.1. Below 50 m
- 6.3.2. Between 50 m to 100 m
- 6.3.3. Above 100 m
- 6.4. Market Analysis, Insights and Forecast - by End-User
- 6.4.1. Water and Wastewater
- 6.4.2. Oil and Gas Industry
- 6.4.3. Mining and Construction Industry
- 6.4.4. Other End Users
- 6.1. Market Analysis, Insights and Forecast - by Type
- 7. Germany Europe Submersible Pump Industry Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Type
- 7.1.1. Borewell Submersible Pump
- 7.1.2. Openwell Submersible Pump
- 7.1.3. Non-clog Submersible Pump
- 7.2. Market Analysis, Insights and Forecast - by Drive Type
- 7.2.1. Electric
- 7.2.2. Hydraulic
- 7.2.3. Other Drive Types
- 7.3. Market Analysis, Insights and Forecast - by Head
- 7.3.1. Below 50 m
- 7.3.2. Between 50 m to 100 m
- 7.3.3. Above 100 m
- 7.4. Market Analysis, Insights and Forecast - by End-User
- 7.4.1. Water and Wastewater
- 7.4.2. Oil and Gas Industry
- 7.4.3. Mining and Construction Industry
- 7.4.4. Other End Users
- 7.1. Market Analysis, Insights and Forecast - by Type
- 8. Russia Europe Submersible Pump Industry Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Type
- 8.1.1. Borewell Submersible Pump
- 8.1.2. Openwell Submersible Pump
- 8.1.3. Non-clog Submersible Pump
- 8.2. Market Analysis, Insights and Forecast - by Drive Type
- 8.2.1. Electric
- 8.2.2. Hydraulic
- 8.2.3. Other Drive Types
- 8.3. Market Analysis, Insights and Forecast - by Head
- 8.3.1. Below 50 m
- 8.3.2. Between 50 m to 100 m
- 8.3.3. Above 100 m
- 8.4. Market Analysis, Insights and Forecast - by End-User
- 8.4.1. Water and Wastewater
- 8.4.2. Oil and Gas Industry
- 8.4.3. Mining and Construction Industry
- 8.4.4. Other End Users
- 8.1. Market Analysis, Insights and Forecast - by Type
- 9. United Kingdom Europe Submersible Pump Industry Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Type
- 9.1.1. Borewell Submersible Pump
- 9.1.2. Openwell Submersible Pump
- 9.1.3. Non-clog Submersible Pump
- 9.2. Market Analysis, Insights and Forecast - by Drive Type
- 9.2.1. Electric
- 9.2.2. Hydraulic
- 9.2.3. Other Drive Types
- 9.3. Market Analysis, Insights and Forecast - by Head
- 9.3.1. Below 50 m
- 9.3.2. Between 50 m to 100 m
- 9.3.3. Above 100 m
- 9.4. Market Analysis, Insights and Forecast - by End-User
- 9.4.1. Water and Wastewater
- 9.4.2. Oil and Gas Industry
- 9.4.3. Mining and Construction Industry
- 9.4.4. Other End Users
- 9.1. Market Analysis, Insights and Forecast - by Type
- 10. Rest of Europe Europe Submersible Pump Industry Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Type
- 10.1.1. Borewell Submersible Pump
- 10.1.2. Openwell Submersible Pump
- 10.1.3. Non-clog Submersible Pump
- 10.2. Market Analysis, Insights and Forecast - by Drive Type
- 10.2.1. Electric
- 10.2.2. Hydraulic
- 10.2.3. Other Drive Types
- 10.3. Market Analysis, Insights and Forecast - by Head
- 10.3.1. Below 50 m
- 10.3.2. Between 50 m to 100 m
- 10.3.3. Above 100 m
- 10.4. Market Analysis, Insights and Forecast - by End-User
- 10.4.1. Water and Wastewater
- 10.4.2. Oil and Gas Industry
- 10.4.3. Mining and Construction Industry
- 10.4.4. Other End Users
- 10.1. Market Analysis, Insights and Forecast - by Type
- 11. Competitive Analysis
- 11.1. Market Share Analysis 2025
- 11.2. Company Profiles
- 11.2.1 Flowserve Corp
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Weir Group PLC
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Grundfos Holding A/S
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Baker Hughes Co
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Franklin Electric Co
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 EBARA CORPORATION
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 ITT Goulds Pumps Inc
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Borets International Ltd
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Atlas Copco AB Class A
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Halliburton Company
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 Gorman-Rupp Co
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 Sulzer AG
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.13 Schlumberger Limited
- 11.2.13.1. Overview
- 11.2.13.2. Products
- 11.2.13.3. SWOT Analysis
- 11.2.13.4. Recent Developments
- 11.2.13.5. Financials (Based on Availability)
- 11.2.14 KSB SE & Co KgaA*List Not Exhaustive
- 11.2.14.1. Overview
- 11.2.14.2. Products
- 11.2.14.3. SWOT Analysis
- 11.2.14.4. Recent Developments
- 11.2.14.5. Financials (Based on Availability)
- 11.2.1 Flowserve Corp
List of Figures
- Figure 1: Europe Submersible Pump Industry Revenue Breakdown (billion, %) by Product 2025 & 2033
- Figure 2: Europe Submersible Pump Industry Share (%) by Company 2025
List of Tables
- Table 1: Europe Submersible Pump Industry Revenue billion Forecast, by Type 2020 & 2033
- Table 2: Europe Submersible Pump Industry Volume K Tons Forecast, by Type 2020 & 2033
- Table 3: Europe Submersible Pump Industry Revenue billion Forecast, by Drive Type 2020 & 2033
- Table 4: Europe Submersible Pump Industry Volume K Tons Forecast, by Drive Type 2020 & 2033
- Table 5: Europe Submersible Pump Industry Revenue billion Forecast, by Head 2020 & 2033
- Table 6: Europe Submersible Pump Industry Volume K Tons Forecast, by Head 2020 & 2033
- Table 7: Europe Submersible Pump Industry Revenue billion Forecast, by End-User 2020 & 2033
- Table 8: Europe Submersible Pump Industry Volume K Tons Forecast, by End-User 2020 & 2033
- Table 9: Europe Submersible Pump Industry Revenue billion Forecast, by Region 2020 & 2033
- Table 10: Europe Submersible Pump Industry Volume K Tons Forecast, by Region 2020 & 2033
- Table 11: Europe Submersible Pump Industry Revenue billion Forecast, by Type 2020 & 2033
- Table 12: Europe Submersible Pump Industry Volume K Tons Forecast, by Type 2020 & 2033
- Table 13: Europe Submersible Pump Industry Revenue billion Forecast, by Drive Type 2020 & 2033
- Table 14: Europe Submersible Pump Industry Volume K Tons Forecast, by Drive Type 2020 & 2033
- Table 15: Europe Submersible Pump Industry Revenue billion Forecast, by Head 2020 & 2033
- Table 16: Europe Submersible Pump Industry Volume K Tons Forecast, by Head 2020 & 2033
- Table 17: Europe Submersible Pump Industry Revenue billion Forecast, by End-User 2020 & 2033
- Table 18: Europe Submersible Pump Industry Volume K Tons Forecast, by End-User 2020 & 2033
- Table 19: Europe Submersible Pump Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 20: Europe Submersible Pump Industry Volume K Tons Forecast, by Country 2020 & 2033
- Table 21: Europe Submersible Pump Industry Revenue billion Forecast, by Type 2020 & 2033
- Table 22: Europe Submersible Pump Industry Volume K Tons Forecast, by Type 2020 & 2033
- Table 23: Europe Submersible Pump Industry Revenue billion Forecast, by Drive Type 2020 & 2033
- Table 24: Europe Submersible Pump Industry Volume K Tons Forecast, by Drive Type 2020 & 2033
- Table 25: Europe Submersible Pump Industry Revenue billion Forecast, by Head 2020 & 2033
- Table 26: Europe Submersible Pump Industry Volume K Tons Forecast, by Head 2020 & 2033
- Table 27: Europe Submersible Pump Industry Revenue billion Forecast, by End-User 2020 & 2033
- Table 28: Europe Submersible Pump Industry Volume K Tons Forecast, by End-User 2020 & 2033
- Table 29: Europe Submersible Pump Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 30: Europe Submersible Pump Industry Volume K Tons Forecast, by Country 2020 & 2033
- Table 31: Europe Submersible Pump Industry Revenue billion Forecast, by Type 2020 & 2033
- Table 32: Europe Submersible Pump Industry Volume K Tons Forecast, by Type 2020 & 2033
- Table 33: Europe Submersible Pump Industry Revenue billion Forecast, by Drive Type 2020 & 2033
- Table 34: Europe Submersible Pump Industry Volume K Tons Forecast, by Drive Type 2020 & 2033
- Table 35: Europe Submersible Pump Industry Revenue billion Forecast, by Head 2020 & 2033
- Table 36: Europe Submersible Pump Industry Volume K Tons Forecast, by Head 2020 & 2033
- Table 37: Europe Submersible Pump Industry Revenue billion Forecast, by End-User 2020 & 2033
- Table 38: Europe Submersible Pump Industry Volume K Tons Forecast, by End-User 2020 & 2033
- Table 39: Europe Submersible Pump Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 40: Europe Submersible Pump Industry Volume K Tons Forecast, by Country 2020 & 2033
- Table 41: Europe Submersible Pump Industry Revenue billion Forecast, by Type 2020 & 2033
- Table 42: Europe Submersible Pump Industry Volume K Tons Forecast, by Type 2020 & 2033
- Table 43: Europe Submersible Pump Industry Revenue billion Forecast, by Drive Type 2020 & 2033
- Table 44: Europe Submersible Pump Industry Volume K Tons Forecast, by Drive Type 2020 & 2033
- Table 45: Europe Submersible Pump Industry Revenue billion Forecast, by Head 2020 & 2033
- Table 46: Europe Submersible Pump Industry Volume K Tons Forecast, by Head 2020 & 2033
- Table 47: Europe Submersible Pump Industry Revenue billion Forecast, by End-User 2020 & 2033
- Table 48: Europe Submersible Pump Industry Volume K Tons Forecast, by End-User 2020 & 2033
- Table 49: Europe Submersible Pump Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 50: Europe Submersible Pump Industry Volume K Tons Forecast, by Country 2020 & 2033
- Table 51: Europe Submersible Pump Industry Revenue billion Forecast, by Type 2020 & 2033
- Table 52: Europe Submersible Pump Industry Volume K Tons Forecast, by Type 2020 & 2033
- Table 53: Europe Submersible Pump Industry Revenue billion Forecast, by Drive Type 2020 & 2033
- Table 54: Europe Submersible Pump Industry Volume K Tons Forecast, by Drive Type 2020 & 2033
- Table 55: Europe Submersible Pump Industry Revenue billion Forecast, by Head 2020 & 2033
- Table 56: Europe Submersible Pump Industry Volume K Tons Forecast, by Head 2020 & 2033
- Table 57: Europe Submersible Pump Industry Revenue billion Forecast, by End-User 2020 & 2033
- Table 58: Europe Submersible Pump Industry Volume K Tons Forecast, by End-User 2020 & 2033
- Table 59: Europe Submersible Pump Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 60: Europe Submersible Pump Industry Volume K Tons Forecast, by Country 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Europe Submersible Pump Industry?
The projected CAGR is approximately 5.9%.
2. Which companies are prominent players in the Europe Submersible Pump Industry?
Key companies in the market include Flowserve Corp, Weir Group PLC, Grundfos Holding A/S, Baker Hughes Co, Franklin Electric Co, EBARA CORPORATION, ITT Goulds Pumps Inc, Borets International Ltd, Atlas Copco AB Class A, Halliburton Company, Gorman-Rupp Co, Sulzer AG, Schlumberger Limited, KSB SE & Co KgaA*List Not Exhaustive.
3. What are the main segments of the Europe Submersible Pump Industry?
The market segments include Type, Drive Type, Head, End-User.
4. Can you provide details about the market size?
The market size is estimated to be USD 6.17 billion as of 2022.
5. What are some drivers contributing to market growth?
4.; Rapid Recovery in the Oil and Gas and Mining Industries4.; Surge in the Construction Industry.
6. What are the notable trends driving market growth?
Oil and Gas Industry to Witness Significant Demand.
7. Are there any restraints impacting market growth?
4.; High Maintenance and Operation Costs of Submersible Pump Restrain the Market.
8. Can you provide examples of recent developments in the market?
N/A
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in billion and volume, measured in K Tons.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Europe Submersible Pump Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Europe Submersible Pump Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Europe Submersible Pump Industry?
To stay informed about further developments, trends, and reports in the Europe Submersible Pump Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence