Global Cryogenic Submerged Electric Motor Pump Market Growth 2025-2031

Global Cryogenic Submerged Electric Motor Pump Market Growth 2025-2031

The global Cryogenic Submerged Electric Motor Pump market size is predicted to grow from US$ 246 million in 2025 to US$ 370 million in 2031; it is expected to grow at a CAGR of 7.0% from 2025 to 2031.

Cryogenic Submerged Electric Motor Pump is described in this report is a cryogenic pump design specifically developed for handling cryogenic fluids such as liquefied natural gas (LNG) and liquefied petroleum gas (LPG). The Cryogenic Submerged Electric Motor Pump industry can be broken down into several segments, LNG Plant, LNG Terminal, LNG Automobile Filling Station and LNG Marine.

The Cryogenic Submerged Electric Motor Pump market is poised for significant growth due to the rising demand for liquefied gases, the expansion of LNG infrastructure, and the increasing focus on hydrogen and medical gases.

Global Cryogenic Submerged Electric Motor Pump key players include Nikkiso, Ebara, Cryostar, Shinko, Chengdu Andisoon etc. Global top five manufacturers hold a share over 60%. Asia-Pacific is the largest market, with a share over 50%, followed by North America and Europe, both have a share about 30% percent. In terms of product, Less than 100m³ per hour is the largest segment, with a share over 40%. And in terms of application, the largest application is LNG Automobile Filling Station, followed by LNG Plant.

As energy transition initiatives, including decarbonization efforts and hydrogen adoption, continue to gain momentum, cryogenic pumps will remain crucial to these industries. Technological advancements and improvements in safety and efficiency further bolster the market’s potential, making it an attractive segment for investment and innovation.

The global demand for LNG is increasing as countries shift toward cleaner energy sources. LNG terminals, storage, and transportation require cryogenic pumps for safe and efficient handling of liquefied natural gas at very low temperatures.

As countries, particularly in Asia, Europe, and North America, increase their LNG import and export capacities, the infrastructure for LNG terminals, storage tanks, and shipping facilities expands. This expansion fuels the demand for cryogenic pumps to transfer and manage LNG safely.

LP Information, Inc. (LPI) ' newest research report, the “Cryogenic Submerged Electric Motor Pump Industry Forecast” looks at past sales and reviews total world Cryogenic Submerged Electric Motor Pump sales in 2024, providing a comprehensive analysis by region and market sector of projected Cryogenic Submerged Electric Motor Pump sales for 2025 through 2031. With Cryogenic Submerged Electric Motor Pump sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cryogenic Submerged Electric Motor Pump industry.

This Insight Report provides a comprehensive analysis of the global Cryogenic Submerged Electric Motor Pump landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cryogenic Submerged Electric Motor Pump portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cryogenic Submerged Electric Motor Pump market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cryogenic Submerged Electric Motor Pump and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cryogenic Submerged Electric Motor Pump.

This report presents a comprehensive overview, market shares, and growth opportunities of Cryogenic Submerged Electric Motor Pump market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Less than 100m³/h
100-1000m³/h
More than 1000m³/h

Segmentation by Application:
LNG Plant
LNG Terminal
LNG Automobile Filling Station
LNG Marine

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
NIKKISO
Ebara
Cryostar
Shinko
Andisoon
Shenlan Pump
Long March Tianmin
Vanzetti Engineering
Hunan Neptune Pump
Wuxi Phaeton
Svanehøj
Ruhrpumpen

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cryogenic Submerged Electric Motor Pump market?

What factors are driving Cryogenic Submerged Electric Motor Pump market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Cryogenic Submerged Electric Motor Pump market opportunities vary by end market size?

How does Cryogenic Submerged Electric Motor Pump break out by Type, by Application?

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