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Submersible Motors Market By Motors Type (Single Phase, Three Phase), By Application (Industrial (Oil & Gas, Water & Waste Water, Mining & Construction and Others) Agricultural, Residential) – Growth, Future Prospects and Competitive Analysis, 2019 – 2027

Published: | Report ID: 9973 | Report Format : PDF

Increasing Industrialization to Boost the Submersible Motors Market

The submersible motors market worldwide is expected to grow with a CAGR of 3.80% during the forecast period from 2019 to 2027, starting from US$ 4.17 Bn in 2018. The submersible motors market is expected to witness steady growth in the near future due to a rise in industrialization and growth in infrastructure development. Due to their low electricity consumption, robust structure, and high efficiency, submersible motors are extensively used in various industries. An increase in exploration activities related to deep water is giving a boom to submersible pumps, which in turn helps the submersible motor market grow. On account of these factors, we are expecting steady growth in the submersible motor market during the forecast period.

Industrial to Continue as the Market Leader

The industrial segment holds the highest market share in the submersible motor industry, with more than 60% of the market revenue as of 2018. Due to consistent growth in the oil and gas sector and the water and wastewater sector, the industrial segment is on the rise and will continue to dominate the market through the forecast period. An increase in the mining and construction sectors and a rise in investments in infrastructure developments are the major growth drivers for the industrial segment. As a result of these factors, we expect that the industrial segment will continue to grow throughout the forecast period.

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Asia Pacific to Continue as the Market Leader

In 2018, Asia Pacific was the leader in the submersible motor market, followed by North America and Europe. Due to rising infrastructure and various industries in the region, such as oil and gas, water and wastewater, and others, Asia-Pacific will grow. In India, government initiatives for the mining industry are improving, such as the 100% foreign direct investment policy (FDI) and others. On account of these government initiatives, companies such as Vedanta Resources PLC, 2017, announced that they were planning to invest USD 9 billion in India’s mining industry. Thus, growth for submersible pumps will increase, which in turn will help the submersible motor market in India grow. As a result of all these factors, we are expecting steady growth in the Asia-Pacific region during the forecast period.

Some of the prominent players operating in the submersible motors market include Franklin Electric, Flowserve Corporation, Faradyne Motors, Andritz AG, Shakti Pumps India Limited, Petrello SpA, Sumoto S.r.l., Lubi Pumps, ABB Motors and Mechanical Inc., Hitachi Industrial Equipment Systems Co., Ltd., Ingeteam Corporación, S.A., Caprari, and others.

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Historical and Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The submersible motors market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global submersible motor market based on motor type, application, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report

  • What was the market size of submersible motors in 2018, and what is the forecast up to 2027?
  • Which is the largest regional market for submersible motors?
  • What are the major trends followed in overall submersible motors across different regions?
  • What are the key market trends and high-growth opportunities observed in the submersible motor market?
  • What are the drivers of the submersible motor market?
  • Who are the key submersible motor companies leading the market?
  • What are the key strategies adopted by the leading submersible motor companies in the market?

Unique data points of this report

  • Statistics on submersible pumps worldwide
  • Recent trends across different regions in terms of the adoption of submersible motors
  • Notable developments are going on in the submersible motor industry.
  • attractive investment proposition for the submersible motor segment as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global SM Market
2.2 Global SM Market, By Motors Type, 2018 (US$ Mn)
2.3 Global SM Market, By Application, 2018 (US$ Mn)
2.4 Global SM Market, By Geography, 2018 (US$ Mn)

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global SM Market Value, 2017 – 2027, (US$ Mn)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends
3.5 Attractive Investment ProMotors Type, by Geography, 2018
3.6 Competitive Analysis
3.6.1 Market Positioning of Key SM Vendors, 2018
3.6.2 Key Strategies Adopted by the Leading Players

Chapter 4 Global Submersible Motors (SM) Market Analysis, by Motors Type, 2017 – 2027 (US$ Mn)
4.1 Overview
4.2 Single Phase
4.3 Three Phase

Chapter 5 Global Submersible Motors (SM) Market Analysis, by Application, 2017 – 2027 (US$ Mn)
5.1 Overview
5.2 Industrial
5.2.1 Oil & Gas Industry
5.2.2 Water & Wastewater Industry
5.2.3 Mining & Construction Industry
5.2.4 Others (Food & Beverages Industry and others)
5.3 Agricultural
5.4 Residential

Chapter 6 North America Submersible Motors (SM) Market Analysis, 2017 – 2027 (US$ Mn)
6.1 Overview
6.2 North America SM Market Analysis, By Motors Type, 2017 – 2027
6.2.1 Market Analysis
6.3 North America SM Market Analysis, By Application, 2017 – 2027
6.3.1 Market Analysis
6.4 North America SM Market Analysis, By Region/Country, 2017 – 2027
6.4.1 U.S.
6.4.1.1 U.S. SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
6.4.1.2 U.S. SM Market Value, By Application, 2017 – 2027 (US$ Mn)
6.4.2 Rest of North America
6.4.2.1 Rest Of North America SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
6.4.2.2 Rest Of North America SM Market Value, By Application, 2017 – 2027 (US$ Mn)

Chapter 7 Europe Submersible Motors (SM) Market Analysis, 2017 – 2027 (US$ Mn)
7.1 Overview
7.2 Europe SM Market Analysis, By Motors Type, 2017 – 2027
7.2.1 Market Analysis
7.3 Europe SM Market Analysis, By Application, 2017 – 2027
7.3.1 Market Analysis
7.4 Europe SM Market Analysis, By Region/Country, 2017 – 2027
7.4.1 U.K
7.4.1.1 U.K. SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
7.4.1.2 U.K. SM Market Value, By Application, 2017 – 2027 (US$ Mn)
7.4.2 Germany
7.4.2.1 Germany SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
7.4.2.2 Germany SM Market Value, By Application, 2017 – 2027 (US$ Mn)
7.4.3 France
7.4.3.1 France SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
7.4.3.2 France SM Market Value, By Application, 2017 – 2027 (US$ Mn)
7.4.4 Rest of Europe
7.4.4.1 Rest Of Europe SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
7.4.4.2 Rest Of Europe SM Market Value, By Application, 2017 – 2027 (US$ Mn)

Chapter 8 Asia Pacific Submersible Motors (SM) Market Analysis, 2017 – 2027 (US$ Mn)
8.1 Overview
8.2 Asia Pacific SM Market Analysis, By Motors Type, 2017 – 2027
8.2.1 Market Analysis
8.3 Asia Pacific SM Market Analysis, By Application, 2017 – 2027
8.3.1 Market Analysis
8.4 Asia Pacific SM Market Analysis, By Region/Country, 2017 – 2027
8.4.1 China
8.4.1.1 China SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
8.4.1.2 China SM Market Value, By Application, 2017 – 2027 (US$ Mn)
8.4.2 Japan
8.4.2.1 Japan SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
8.4.2.2 Japan SM Market Value, By Application, 2017 – 2027 (US$ Mn)
8.4.3 India
8.4.3.1 India SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
8.4.3.2 India SM Market Value, By Application, 2017 – 2027 (US$ Mn)
8.4.4 Rest of Asia Pacific
8.4.4.1 Rest Of Asia Pacific SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
8.4.4.2 Rest Of Asia Pacific SM Market Value, By Application, 2017 – 2027 (US$ Mn)

Chapter 9 Rest of the World (RoW) Submersible Motors (SM) Market Analysis, 2017 – 2027 (US$ Mn)
9.1 Overview
9.2 RoW SM Market Analysis, By Motors Type, 2017 – 2027
9.2.1 Market Analysis
9.3 RoW SM Market Analysis, By Application, 2017 – 2027
9.3.1 Market Analysis
9.4 RoW SM Market Analysis, By Region/Country, 2017 – 2027
9.4.1 Middle East & Africa(MEA)
9.4.1.1 MEA SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
9.4.1.2 MEA SM Market Value, By Application, 2017 – 2027 (US$ Mn)
9.4.2 Latin America
9.4.2.1 Latin America SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
9.4.2.2 Latin America SM Market Value, By Application, 2017 – 2027 (US$ Mn)

Chapter 10 Company Profiles
10.1 Franklin Electric
10.2 Flowserve Corporation
10.3 Faradyne Motors
10.4 Andritz AG
10.5 Shakti Pumps India Limited
10.6 Pedrello SpA
10.7 Sumoto S.r.l.
10.8 Lubi Pumps
10.9 ABB Motors and Mechanical Inc.
10.10 HITACHI INDUSTRIAL EQUIPMENT SYSTEMS CO., LTD
10.11 Ingeteam Corporación, S.A.
10.12 Caprari

List of Figures

FIG. 1 Global Submersible Motors (SM): Market Segmentation
FIG. 2 Global SM Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global SM Market, By Motors Type, 2018 (US$ Mn)
FIG. 5 Global SM Market, By Application, 2018 (US$ Mn)
FIG. 6 Global SM Market, By Geography, 2018 (US$ Mn)
FIG. 7 Global SM Market Value, 2017 – 2027, (US$ Mn)
FIG. 8 Attractive Investment ProMotors Type, by Geography, 2018
FIG. 9 Market Motors Typeing of Key SM Vendors, 2018
FIG. 10 Global SM Market Value Contribution, By Motors Type 2018 & 2027 (%)
FIG. 11 Global SM, Single Phase Market Value, 2017 – 2027, (US$ Mn)
FIG. 12 Global SM Three Phase Market Value, 2017 – 2027, (US$ Mn)
FIG. 13 Global SM Market Value Contribution, By Application2018 & 2027 (%)
FIG. 14 Global SM Market, Industrial Market Value, 2017 – 2027, (US$ Mn)
FIG. 15 Global SM Market, Oil & Gas Industry Market Value, 2017 – 2027, (US$ Mn)
FIG. 16 Global SM Market, Water & Wastewater Industry Market Value, 2017 – 2027, (US$ Mn)
FIG. 17 Global SM Market, Mining & Construction Industry Market Value, 2017 – 2027, (US$ Mn)
FIG. 18 Global SM Market, Others (Food & Beverages Industry and Others) Market Value, 2017 – 2027, (US$ Mn)
FIG. 19 Global SM Market, Agricultural Market Value, 2017 – 2027, (US$ Mn)
FIG. 20 Global SM Residential Market Value, 2017 – 2027, (US$ Mn)
FIG. 21 North America SM Market Value, 2017 – 2027, (US$ Mn)
FIG. 22 Europe SM Market Value, 2017 – 2027, (US$ Mn)
FIG. 23 Asia Pacific SM Market Value, 2017 – 2027, (US$ Mn)
FIG. 24 RoW SM Market Value, 2017 – 2027, (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Submersible Motors (SM) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
TABLE 5 North America SM Market Value, By Application, 2017 – 2027 (US$ Mn)
TABLE 6 North America SM Market Value, By Region/Country, 2017 – 2027 (US$ Mn)
TABLE 7 U.S. SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
TABLE 8 U.S. SM Market Value, By Application, 2017 – 2027 (US$ Mn)
TABLE 9 Rest of North America SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
TABLE 10 Rest of North America SM Market Value, By Application, 2017 – 2027 (US$ Mn)
TABLE 11 Europe SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
TABLE 12 Europe SM Market Value, By Application, 2017 – 2027 (US$ Mn)
TABLE 13 Europe SM Market Value, By Region/Country, 2017 – 2027 (US$ Mn)
TABLE 14 U.K. SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
TABLE 15 U.K. SM Market Value, By Application, 2017 – 2027 (US$ Mn)
TABLE 16 Germany SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
TABLE 17 Germany SM Market Value, By Application, 2017 – 2027 (US$ Mn)
TABLE 18 U.K. SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
TABLE 19 France SM Market Value, By Application, 2017 – 2027 (US$ Mn)
TABLE 20 Rest of Europe SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
TABLE 21 Rest of Europe SM Market Value, By Application, 2017 – 2027 (US$ Mn)
TABLE 22 Asia Pacific SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
TABLE 23 Asia Pacific SM Market Value, By Application, 2017 – 2027 (US$ Mn)
TABLE 24 Asia Pacific SM Market Value, By Region/Country, 2017 – 2027 (US$ Mn)
TABLE 25 China SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
TABLE 26 China SM Market Value, By Application, 2017 – 2027 (US$ Mn)
TABLE 27 Japan SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
TABLE 28 Japan SM Market Value, By Application, 2017 – 2027 (US$ Mn)
TABLE 29 India SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
TABLE 30 India SM Market Value, By Application, 2017 – 2027 (US$ Mn)
TABLE 31 Rest of Asia Pacific SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
TABLE 32 Rest of Asia Pacific SM Market Value, By Application, 2017 – 2027 (US$ Mn)
TABLE 33 RoW SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
TABLE 34 RoW SM Market Value, By Application, 2017 – 2027 (US$ Mn)
TABLE 35 RoW SM Market Value, By Region/Country, 2017 – 2027 (US$ Mn)
TABLE 36 MEA SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
TABLE 37 MEA SM Market Value, By Application, 2017 – 2027 (US$ Mn)
TABLE 38 Latin America SM Market Value, By Motors Type, 2017 – 2027 (US$ Mn)
TABLE 39 Latin America SM Market Value, By Application, 2017 – 2027 (US$ Mn)
TABLE 40 Franklin Electric: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 41 Flowserve Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 42 Faradyne Motors: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 43 Andritz AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 44 Shakti Pumps India Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 45 Pedrello SpA: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 46 Sumoto S.r.l.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 47 Lubi Pumps: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 48 ABB Motors and Mechanical Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 49 HITACHI INDUSTRIAL EQUIPMENT SYSTEMS CO., LTD: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 50 Ingeteam Corporación, S.A.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 51 Caprari: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

Frequently Asked Questions:

What is the size of Submersible Motors Market?

The market for Submersible Motors Market is expected to reach US$ 4.17 Bn by 2027.

What is the Submersible Motors Market CAGR?

The Submersible Motors Market is expected to see significant CAGR growth over the coming years, at 3.80%.

What is the Forecast period considered for Submersible Motors Market?

The report is forecasted from 2019-2027.

What is the base year considered for Submersible Motors Market?

The base year of this report is 2018.

Who are the major players in this market?

Faradyne Motors, Andritz AG, Shakti Pumps India Limited, Petrello SpA, Sumoto S.r.l., Lubi Pumps, ABB Motors and Mechanical Inc., Hitachi Industrial Equipment Systems Co., Ltd., Ingeteam Corporación, S.A are some of the major players in the global market.

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