수중 펌프 : 시장 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the submersible pumps market size was valued at USD 15.59 billion in 2025 and estimated to grow from USD 17.21 billion in 2026 to reach USD 28.16 billion by 2031, at a CAGR of 10.36% during the forecast period (2026-2031).

This report is Segmented by Pump Type (Borewell Submersible Pumps, Openwell Submersible Pumps, Non-Clog/Sewage Submersible Pumps, and More), Drive Type (Electric, Hydraulic and Solar-Powered), Head Rating (Below 50 M, 50 To 100 M, and Above 100 M), End User (Water and Wastewater Utilities, Oil and Gas, and More), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa).

Global Submersible Pumps Market Trends and Insights

Recovery in oil & gas brown-field projects

Brownfield optimization reshapes artificial-lift economics as operators redeploy capital toward mature wells requiring high-lift electric submersible pump (ESP) systems . A multi-year agreement to supply more than 150 ESP strings to Azerbaijan's SOCAR illustrates how legacy reservoirs now depend on modern ESP technology to offset declining pressures and rising water cuts. SLB's compact wide-range ESP series pursues similar goals, enabling deeper production zones while minimizing completion footprints. Subsea boosting contracts for projects such as BP's Kaskida field further confirm that ESPs remain essential even when industry drilling budgets flatten, because maximizing recovery from existing assets protects cash flow and reduces exploration risk.

Global Construction Boom & Dewatering Needs

Accelerated infrastructure, tunneling, and underground transit programs boost demand for reliable site-dewatering pumps running continuously in abrasive conditions. The USD 1.1 billion Kensico-Eastview Connection Tunnel in New York requires high-capacity drainage systems to keep excavation dry. Manufacturers like Sulzer have expanded ranges, including portable site-drainage units and heavy-duty tunnel pumps, pairing rugged impeller materials with smart sensors to prevent unexpected downtime. Asia-Pacific civil works, pipelines, and mining exploration add additional momentum.

High life-cycle energy costs vs. surface pumps

Energy-intensive users often favor surface alternatives when shallow lift depths allow similar hydraulic performance at lower kilowatt-hours. Comparative ownership studies show submersible pump efficiency improves markedly only when paired with premium motors and variable-frequency drives such as Franklin Electric's SubDrive series . Manufacturers continue to refine impellers and insulation classes, yet inherent cooling losses impose an energy penalty in certain shallow settings.

Other drivers and restraints analyzed in the detailed report include:

1. Climate-driven Flood-control Investments
2. Rising Municipal Water & Wastewater CAPEX
3. Shortage of skilled down-hole service labor

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Borewell units delivered 64.18% of 2025 revenue and are projected to log a 10.58% CAGR as acreage under electric or solar-assisted irrigation rises in India, China, and parts of Africa. The submersible pump market size for borewell applications is forecast to widen sharply because governments are issuing subsidies that defray initial hardware costs and incentivize farmers to swap diesel sets for efficient electric drives. Deep-well ESP systems occupy the premium tier, serving production rates above 150,000 barrels per day in oilfields with temperatures up to 250 °C. Urban growth supports non-clog sewage models, while open-well pumps remain viable where shallow aquifers enable simplified installations.

Growth momentum hinges on solar integration, with national schemes such as India's PM-KUSUM awarding bulk orders for photovoltaic pump kits that cut electricity bills and reduce grid peak loads. Suppliers that combine corrosion-resistant metallurgy with maximum power-point tracking controllers stand to reinforce recurring revenue through replacement impellers and electronics upgrades. Conversely, inexpensive imports into price-sensitive farm markets heighten margin pressure for domestic fabricators.

Electric drives secured 77.65% market share in 2025 and are expanding at 10.89% CAGR as transmission upgrades improve voltage stability across emerging economies. Solar-ready inverters increasingly ship as standard, allowing the same motor to run on daytime photovoltaic arrays and night-time utility supply. Hydraulic drives persist in offshore and remote mineral projects where central power generation is impractical, but their lifecycle costs remain higher due to auxiliary equipment.

Innovations in permanent-magnet motors, active cooling jackets, and silicon-carbide power modules lift overall efficiency, mitigating one of the key restraints facing the submersible pump market. Short-term risks arise from rare-earth price swings that disrupt magnet supply; this is directing R&D toward ferrite or synchronous reluctance alternatives. Suppliers certifying products for low harmonic distortion also capture share in mining camps reliant on generator sets that exhibit uneven waveforms.

Complete Report Scope:

• By Pump Type
  • Borewell Submersible Pumps
  • Openwell Submersible Pumps
  • Non-clog/Sewage Submersible Pumps
  • Deep-well Electric Submersible Pumps (ESPs)
  • Submersible Turbine Pumps
• By Drive Type
  • Electric
  • Hydraulic
  • Solar-powered
• By Head Rating
  • Below 50 m
  • 50 to 100 m
  • Above 100 m
• By End User
  • Water and Wastewater Utilities
  • Oil and Gas (Artificial-Lift)
  • Mining and Construction Dewatering
  • Agriculture and Irrigation
  • Municipal Flood Control
• Geography
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Nordic Countries
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • ASEAN Countries
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • Middle East and Africa
    • United Arab Emirates
    • Saudi Arabia
    • South Africa
    • Egypt
    • Rest of Middle East and Africa

Geography Analysis

Asia-Pacific contributed 39.62% of 2025 revenue and is tracking an 11.44% CAGR through 2031. China's push to modernize rural water supply and India's subsidy-backed irrigation electrification combine with Indonesia's metro-rail expansion to keep tender volumes high. Regional suppliers such as Shakti Pumps and Kirloskar Brothers leverage cost-competitive casting capacity and local warranty networks, while multinationals source control electronics from regional contract manufacturers to reduce lead times.

North America remains a volume hub for high-horsepower ESP strings used in tight-oil basins, though a labor shortage of certified cable-splice and pull-crew technicians tempers installation pace. Substantial water infrastructure appropriations under the Infrastructure Investment and Jobs Act steer municipal bid specifications toward premium efficiency ratings and predictive-maintenance gateways. Canada's remote mining districts adopt hybrid solar-diesel microgrids where variable-speed submersible pumps smooth station load profiles.

Europe prioritizes climate resilience and puts strict energy-efficiency labels on public procurement. The United Kingdom's GBP 2.65 billion flood program adds a sizable project pipeline for high-capacity stormwater stations. Germany, France, and the Benelux region deploy variable-speed borehole pumps in district heating and groundwater source-heat-pump loops, a market niche that values corrosion-resistant stainless alloys. Scandinavia's focus on circularity drives refurbishment contracts over full replacements, favoring modular pump designs.

The Middle East invests in seawater desalination, where submersible turbine pumps withstand brine abrasion; a EUR 508 million plant in Taiwan secured SUEZ equipment orders that include corrosion-proof wet ends . African governments scale solar irrigation to curb diesel imports, while South America's pre-salt fields award subsea boost systems that rely on long-step-out ESP modules rated for chemical exposure to CO2-rich fluids.

1. Baker Hughes Co.
2. Schlumberger Ltd.
3. Halliburton Co.
4. Weir Group PLC
5. Sulzer AG
6. Grundfos Holding A/S
7. Flowserve Corporation
8. Xylem Inc.
9. Atlas Copco AB
10. Ebara Corporation
11. Franklin Electric Co. Inc.
12. KSB SE & Co. KGaA
13. Wilo SE
14. Kirloskar Brothers Ltd.
15. CRI Pumps Pvt. Ltd.
16. Shakti Pumps India Ltd.
17. Pentair PLC
18. Gorman-Rupp Company
19. Borets International Ltd.
20. ITT Goulds Pumps

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Recovery in oil & gas brown-field projects
  • 4.2.2 Global construction boom & dewatering needs
  • 4.2.3 Climate-driven flood-control investments
  • 4.2.4 Rising municipal water-&-wastewater CAPEX
  • 4.2.5 Electrification of African irrigation via solar pumps
  • 4.2.6 AI-enabled predictive maintenance lowering OPEX
• 4.3 Market Restraints
  • 4.3.1 High life-cycle energy costs vs. surface pumps
  • 4.3.2 Shortage of skilled down-hole service labor
  • 4.3.3 Volatile rare-earth prices hitting PM motor BOM
  • 4.3.4 Remote-area grid power-quality issues causing failures
• 4.4 Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces
  • 4.7.1 Bargaining Power of Suppliers
  • 4.7.2 Bargaining Power of Buyers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Competitive Rivalry

5 Market Size & Growth Forecasts

• 5.1 By Pump Type
  • 5.1.1 Borewell Submersible Pumps
  • 5.1.2 Openwell Submersible Pumps
  • 5.1.3 Non-clog/Sewage Submersible Pumps
  • 5.1.4 Deep-well Electric Submersible Pumps (ESPs)
  • 5.1.5 Submersible Turbine Pumps
• 5.2 By Drive Type
  • 5.2.1 Electric
  • 5.2.2 Hydraulic
  • 5.2.3 Solar-powered
• 5.3 By Head Rating
  • 5.3.1 Below 50 m
  • 5.3.2 50 to 100 m
  • 5.3.3 Above 100 m
• 5.4 By End User
  • 5.4.1 Water and Wastewater Utilities
  • 5.4.2 Oil and Gas (Artificial-Lift)
  • 5.4.3 Mining and Construction Dewatering
  • 5.4.4 Agriculture and Irrigation
  • 5.4.5 Municipal Flood Control
• 5.5 Geography
  • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
  • 5.5.2 Europe
    • 5.5.2.1 United Kingdom
    • 5.5.2.2 Germany
    • 5.5.2.3 France
    • 5.5.2.4 Spain
    • 5.5.2.5 Nordic Countries
    • 5.5.2.6 Russia
    • 5.5.2.7 Rest of Europe
  • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 India
    • 5.5.3.3 Japan
    • 5.5.3.4 South Korea
    • 5.5.3.5 ASEAN Countries
    • 5.5.3.6 Rest of Asia-Pacific
  • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Colombia
    • 5.5.4.4 Rest of South America
  • 5.5.5 Middle East and Africa
    • 5.5.5.1 United Arab Emirates
    • 5.5.5.2 Saudi Arabia
    • 5.5.5.3 South Africa
    • 5.5.5.4 Egypt
    • 5.5.5.5 Rest of Middle East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves (M&A, Partnerships, PPAs)
• 6.3 Market Share Analysis (Market Rank/Share for key companies)
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, and Recent Developments)
  • 6.4.1 Baker Hughes Co.
  • 6.4.2 Schlumberger Ltd.
  • 6.4.3 Halliburton Co.
  • 6.4.4 Weir Group PLC
  • 6.4.5 Sulzer AG
  • 6.4.6 Grundfos Holding A/S
  • 6.4.7 Flowserve Corporation
  • 6.4.8 Xylem Inc.
  • 6.4.9 Atlas Copco AB
  • 6.4.10 Ebara Corporation
  • 6.4.11 Franklin Electric Co. Inc.
  • 6.4.12 KSB SE & Co. KGaA
  • 6.4.13 Wilo SE
  • 6.4.14 Kirloskar Brothers Ltd.
  • 6.4.15 CRI Pumps Pvt. Ltd.
  • 6.4.16 Shakti Pumps India Ltd.
  • 6.4.17 Pentair PLC
  • 6.4.18 Gorman-Rupp Company
  • 6.4.19 Borets International Ltd.
  • 6.4.20 ITT Goulds Pumps

7 Market Opportunities & Future Outlook

• 7.1 White-space & Unmet-Need Assessment