Key Insights
The European submersible pump market is poised for significant expansion, projected to reach €6.17 billion by 2025. The market is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 5.9% from 2025 to 2033. Key growth drivers include substantial investments in water infrastructure across Europe, encompassing water treatment and wastewater management. The expanding oil and gas sector, alongside increasing demand for efficient pumping solutions in mining and construction, further stimulates market growth. Technological innovations, such as energy-efficient and durable submersible pumps featuring advanced materials and enhanced motor designs, are also contributing factors. Borewell submersible pumps, in particular, are experiencing robust demand due to the persistent need for reliable groundwater extraction. The adoption of smart pumping systems and remote monitoring capabilities represents another significant market trend.
Europe Submersible Pump Industry Market Size (In Billion)
Despite positive growth prospects, the market encounters several challenges. Stringent environmental regulations concerning energy consumption and waste disposal act as restraints. Fluctuations in raw material prices and broader economic conditions also impact market dynamics. Nevertheless, the European submersible pump market's long-term outlook remains favorable, underpinned by ongoing industrialization, urbanization, and the essential requirement for dependable water management solutions. Germany, France, and the UK are expected to be leading markets within Europe, driven by their strong industrial bases and developed infrastructure. The competitive landscape is intense, featuring prominent players such as Flowserve, Weir Group, and Grundfos, alongside regional and specialized manufacturers. Future growth trajectories will be influenced by the integration of sustainable technologies, governmental policies promoting water infrastructure development, and effective navigation of economic uncertainties.
Europe Submersible Pump Industry Company Market Share
Europe Submersible Pump Industry: A Comprehensive Market Report (2019-2033)
This in-depth report provides a comprehensive analysis of the European submersible pump industry, offering invaluable insights for industry professionals, investors, and strategic planners. Covering the period from 2019 to 2033, with a base year of 2025, this report meticulously examines market dynamics, key players, and future growth prospects. The report is enriched with actionable data, including market size estimations, CAGR projections, and competitive landscape assessments, enabling informed decision-making.
Europe Submersible Pump Industry Market Structure & Innovation Trends
This section analyzes the competitive landscape of the European submersible pump market, examining market concentration, innovation drivers, and regulatory influences. The report investigates the role of mergers and acquisitions (M&A) activities, evaluating their impact on market share and consolidation. The study period (2019-2024) reveals a moderately concentrated market with several major players holding significant shares. The forecast period (2025-2033) projects continued consolidation driven by technological advancements and increasing demand in key sectors.
- Market Concentration: The market exhibits a moderately concentrated structure, with the top 5 players holding an estimated xx% market share in 2025.
- Innovation Drivers: Stringent environmental regulations, increasing demand for energy-efficient pumps, and advancements in materials science are driving innovation.
- Regulatory Frameworks: EU directives on water management and energy efficiency significantly influence market trends.
- Product Substitutes: While limited, alternative technologies like air-lift pumps present niche competition.
- End-User Demographics: The water and wastewater sector dominates, followed by the oil and gas, and mining & construction industries.
- M&A Activities: The report analyzes significant M&A deals (xx transactions) in the historical period, with a total estimated value of xx Million, impacting market consolidation and technological advancements.
Europe Submersible Pump Industry Market Dynamics & Trends
This section delves into the market's growth drivers, analyzing technological disruptions, evolving consumer preferences, and competitive dynamics within the European submersible pump industry. The report projects a CAGR of xx% from 2025 to 2033, driven by factors like increasing urbanization, industrialization, and investments in infrastructure projects. Market penetration for specific pump types (e.g., energy-efficient models) will also be assessed.
The report explores the impact of Industry 4.0 technologies, such as smart sensors and predictive maintenance, on market growth. The shift toward sustainable practices influences consumer preferences for energy-efficient and environmentally friendly pumps. The competitive dynamics are characterized by intense competition among established players and emerging technology providers. The report details specific competitive strategies and market share changes.
Dominant Regions & Segments in Europe Submersible Pump Industry
This section identifies the leading regions, countries, and segments within the European submersible pump market. Germany, France, and the UK are projected to be the leading markets.
Key Drivers:
- Economic Policies: Investments in water infrastructure and renewable energy projects stimulate growth.
- Infrastructure Development: Expansion of water and wastewater treatment facilities drives demand.
Dominant Segments:
- Type: Borewell submersible pumps hold the largest market share, followed by openwell and non-clog pumps.
- Drive Type: Electric pumps dominate, with a gradual increase in hydraulic pumps' market share.
- Head: Pumps with a head of below 50m hold the largest market share, driven by residential and smaller commercial applications.
- End-User: The water and wastewater sector is the dominant end-user segment, followed by the oil and gas industry. Germany is likely the leading market due to its strong manufacturing base and robust water infrastructure.
Europe Submersible Pump Industry Product Innovations
Recent product innovations focus on energy efficiency, improved durability, and enhanced reliability. Smart pumps with integrated sensors for remote monitoring and predictive maintenance are gaining traction. These innovations cater to the growing demand for sustainable and efficient solutions across various end-user sectors, providing a significant competitive advantage to manufacturers.
Report Scope & Segmentation Analysis
This report provides a detailed segmentation analysis of the European submersible pump market, categorized by type, drive type, head, and end-user. Each segment's market size, growth projections, and competitive landscape are analyzed. For example, the Borewell submersible pump segment is expected to witness significant growth due to increasing demand from the agricultural and industrial sectors. Similarly, the electric drive segment is dominant due to its cost-effectiveness and efficiency. The water and wastewater end-user segment exhibits strong growth potential driven by aging infrastructure and increasing urbanization.
Key Drivers of Europe Submersible Pump Industry Growth
Growth in the European submersible pump industry is driven by several factors, including increasing urbanization, growing industrialization, and stringent environmental regulations promoting water conservation and efficient energy use. Government initiatives supporting infrastructure development, particularly in water management, further fuel market growth. Advancements in pump technology, such as the integration of smart sensors and IoT capabilities, also contribute to increased market demand.
Challenges in the Europe Submersible Pump Industry Sector
The European submersible pump industry faces challenges, including fluctuating raw material prices, supply chain disruptions, and intense competition from both established and emerging players. Stringent environmental regulations require manufacturers to comply with increasingly complex standards, adding to the cost of production and innovation. Economic downturns can also significantly impact demand, particularly in the construction and mining sectors.
Emerging Opportunities in Europe Submersible Pump Industry
Emerging opportunities lie in the growing adoption of smart pumps, the development of energy-efficient models, and expansion into new markets. The increasing focus on sustainability presents opportunities for manufacturers offering eco-friendly pumps and solutions. Furthermore, the growth of the renewable energy sector creates a substantial demand for pumps used in geothermal energy and hydroelectric power generation.
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
- 2022-Q4: Grundfos launched a new line of energy-efficient submersible pumps.
- 2023-Q1: Weir Group PLC acquired a smaller pump manufacturer, expanding its market share.
- 2023-Q2: New EU regulations on pump energy efficiency came into effect. (Further developments can be added here)
Future Outlook for Europe Submersible Pump Industry Market
The European submersible pump market is poised for continued growth, driven by technological advancements, increasing demand from key sectors, and supportive government policies. The market is expected to witness further consolidation, with major players focusing on innovation and expanding their product portfolios to meet evolving customer needs. The increasing adoption of sustainable practices will continue to shape the industry's trajectory. Strategic partnerships and investments in research and development will be crucial for success.
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
