Global Submersible Motors Market Research Report 2023(Status and Outlook)
Report Overview
A submersible pump, also called an electric submersible pump, is a pump that can be fully submerged in water. The motor is hermetically sealed and close-coupled to the body of the pump.
Global submersible motors key players include Franklin Electric, Grundfos, Flowserve, Faradyne Motors, etc. Global top four manufacturers hold a share over 50%. Asia-Pacific is the largest market, with a share over 25%.
The Global Submersible Motors Market Size was estimated at USD 1817.8 million in 2022 and is projected to reach USD 2312.75 million by 2029, exhibiting a CAGR of 3.50% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Submersible Motors market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Submersible Motors Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Submersible Motors market in any manner.
Global Submersible Motors Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Franklin Electric
Grundfos
Flowserve
Faradyne Motors
Andritz Group
General Electric
Shakti Pumps
Pedrollo
Sumoto
Lubi Pumps
Baldor Electric
Hitachi
Ingeteam
Caprari
Aote Pump
Zhenda Pump
Market Segmentation (by Type)
Single Phase Submersible Motors
Three Phase Submersible Motors
Market Segmentation (by Application)
Power Generation
Steel & Mining
Cement
Municipal Waste
Other
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Submersible Motors Market
Overview of the regional outlook of the Submersible Motors Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Submersible Motors
- 1.2 Key Market Segments
- 1.2.1 Submersible Motors Segment by Type
- 1.2.2 Submersible Motors Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Submersible Motors Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Submersible Motors Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global Submersible Motors Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Submersible Motors Market Competitive Landscape
- 3.1 Global Submersible Motors Sales by Manufacturers (2018-2023)
- 3.2 Global Submersible Motors Revenue Market Share by Manufacturers (2018-2023)
- 3.3 Submersible Motors Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Submersible Motors Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers Submersible Motors Sales Sites, Area Served, Product Type
- 3.6 Submersible Motors Market Competitive Situation and Trends
- 3.6.1 Submersible Motors Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Submersible Motors Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Submersible Motors Industry Chain Analysis
- 4.1 Submersible Motors Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Submersible Motors Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Submersible Motors Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Submersible Motors Sales Market Share by Type (2018-2023)
- 6.3 Global Submersible Motors Market Size Market Share by Type (2018-2023)
- 6.4 Global Submersible Motors Price by Type (2018-2023)
- 7 Submersible Motors Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Submersible Motors Market Sales by Application (2018-2023)
- 7.3 Global Submersible Motors Market Size (M USD) by Application (2018-2023)
- 7.4 Global Submersible Motors Sales Growth Rate by Application (2018-2023)
- 8 Submersible Motors Market Segmentation by Region
- 8.1 Global Submersible Motors Sales by Region
- 8.1.1 Global Submersible Motors Sales by Region
- 8.1.2 Global Submersible Motors Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Submersible Motors Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Submersible Motors Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Submersible Motors Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Submersible Motors Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Submersible Motors Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 Franklin Electric
- 9.1.1 Franklin Electric Submersible Motors Basic Information
- 9.1.2 Franklin Electric Submersible Motors Product Overview
- 9.1.3 Franklin Electric Submersible Motors Product Market Performance
- 9.1.4 Franklin Electric Business Overview
- 9.1.5 Franklin Electric Submersible Motors SWOT Analysis
- 9.1.6 Franklin Electric Recent Developments
- 9.2 Grundfos
- 9.2.1 Grundfos Submersible Motors Basic Information
- 9.2.2 Grundfos Submersible Motors Product Overview
- 9.2.3 Grundfos Submersible Motors Product Market Performance
- 9.2.4 Grundfos Business Overview
- 9.2.5 Grundfos Submersible Motors SWOT Analysis
- 9.2.6 Grundfos Recent Developments
- 9.3 Flowserve
- 9.3.1 Flowserve Submersible Motors Basic Information
- 9.3.2 Flowserve Submersible Motors Product Overview
- 9.3.3 Flowserve Submersible Motors Product Market Performance
- 9.3.4 Flowserve Business Overview
- 9.3.5 Flowserve Submersible Motors SWOT Analysis
- 9.3.6 Flowserve Recent Developments
- 9.4 Faradyne Motors
- 9.4.1 Faradyne Motors Submersible Motors Basic Information
- 9.4.2 Faradyne Motors Submersible Motors Product Overview
- 9.4.3 Faradyne Motors Submersible Motors Product Market Performance
- 9.4.4 Faradyne Motors Business Overview
- 9.4.5 Faradyne Motors Submersible Motors SWOT Analysis
- 9.4.6 Faradyne Motors Recent Developments
- 9.5 Andritz Group
- 9.5.1 Andritz Group Submersible Motors Basic Information
- 9.5.2 Andritz Group Submersible Motors Product Overview
- 9.5.3 Andritz Group Submersible Motors Product Market Performance
- 9.5.4 Andritz Group Business Overview
- 9.5.5 Andritz Group Submersible Motors SWOT Analysis
- 9.5.6 Andritz Group Recent Developments
- 9.6 General Electric
- 9.6.1 General Electric Submersible Motors Basic Information
- 9.6.2 General Electric Submersible Motors Product Overview
- 9.6.3 General Electric Submersible Motors Product Market Performance
- 9.6.4 General Electric Business Overview
- 9.6.5 General Electric Recent Developments
- 9.7 Shakti Pumps
- 9.7.1 Shakti Pumps Submersible Motors Basic Information
- 9.7.2 Shakti Pumps Submersible Motors Product Overview
- 9.7.3 Shakti Pumps Submersible Motors Product Market Performance
- 9.7.4 Shakti Pumps Business Overview
- 9.7.5 Shakti Pumps Recent Developments
- 9.8 Pedrollo
- 9.8.1 Pedrollo Submersible Motors Basic Information
- 9.8.2 Pedrollo Submersible Motors Product Overview
- 9.8.3 Pedrollo Submersible Motors Product Market Performance
- 9.8.4 Pedrollo Business Overview
- 9.8.5 Pedrollo Recent Developments
- 9.9 Sumoto
- 9.9.1 Sumoto Submersible Motors Basic Information
- 9.9.2 Sumoto Submersible Motors Product Overview
- 9.9.3 Sumoto Submersible Motors Product Market Performance
- 9.9.4 Sumoto Business Overview
- 9.9.5 Sumoto Recent Developments
- 9.10 Lubi Pumps
- 9.10.1 Lubi Pumps Submersible Motors Basic Information
- 9.10.2 Lubi Pumps Submersible Motors Product Overview
- 9.10.3 Lubi Pumps Submersible Motors Product Market Performance
- 9.10.4 Lubi Pumps Business Overview
- 9.10.5 Lubi Pumps Recent Developments
- 9.11 Baldor Electric
- 9.11.1 Baldor Electric Submersible Motors Basic Information
- 9.11.2 Baldor Electric Submersible Motors Product Overview
- 9.11.3 Baldor Electric Submersible Motors Product Market Performance
- 9.11.4 Baldor Electric Business Overview
- 9.11.5 Baldor Electric Recent Developments
- 9.12 Hitachi
- 9.12.1 Hitachi Submersible Motors Basic Information
- 9.12.2 Hitachi Submersible Motors Product Overview
- 9.12.3 Hitachi Submersible Motors Product Market Performance
- 9.12.4 Hitachi Business Overview
- 9.12.5 Hitachi Recent Developments
- 9.13 Ingeteam
- 9.13.1 Ingeteam Submersible Motors Basic Information
- 9.13.2 Ingeteam Submersible Motors Product Overview
- 9.13.3 Ingeteam Submersible Motors Product Market Performance
- 9.13.4 Ingeteam Business Overview
- 9.13.5 Ingeteam Recent Developments
- 9.14 Caprari
- 9.14.1 Caprari Submersible Motors Basic Information
- 9.14.2 Caprari Submersible Motors Product Overview
- 9.14.3 Caprari Submersible Motors Product Market Performance
- 9.14.4 Caprari Business Overview
- 9.14.5 Caprari Recent Developments
- 9.15 Aote Pump
- 9.15.1 Aote Pump Submersible Motors Basic Information
- 9.15.2 Aote Pump Submersible Motors Product Overview
- 9.15.3 Aote Pump Submersible Motors Product Market Performance
- 9.15.4 Aote Pump Business Overview
- 9.15.5 Aote Pump Recent Developments
- 9.16 Zhenda Pump
- 9.16.1 Zhenda Pump Submersible Motors Basic Information
- 9.16.2 Zhenda Pump Submersible Motors Product Overview
- 9.16.3 Zhenda Pump Submersible Motors Product Market Performance
- 9.16.4 Zhenda Pump Business Overview
- 9.16.5 Zhenda Pump Recent Developments
- 10 Submersible Motors Market Forecast by Region
- 10.1 Global Submersible Motors Market Size Forecast
- 10.2 Global Submersible Motors Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Submersible Motors Market Size Forecast by Country
- 10.2.3 Asia Pacific Submersible Motors Market Size Forecast by Region
- 10.2.4 South America Submersible Motors Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Submersible Motors by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Submersible Motors Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of Submersible Motors by Type (2024-2029)
- 11.1.2 Global Submersible Motors Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of Submersible Motors by Type (2024-2029)
- 11.2 Global Submersible Motors Market Forecast by Application (2024-2029)
- 11.2.1 Global Submersible Motors Sales (K Units) Forecast by Application
- 11.2.2 Global Submersible Motors Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
Research Assistance
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