Top Companies in the Submersible Pumps Industry

The global submersible pumps market reached a value of US$ 12.9 Billion in 2023. Submersible pumps are centrifugal devices whose hydraulic components such as impeller, pump casing, and diffuser elements are kept submerged in fluids. They are used to pump fluids that prevent the formation of any vapor cavity in the liquid and work by pushing the fluids to the surface from their submerged positions. Submersible pumps are highly energy-efficient and find application in the processes of oil and gas extraction, water treatment, and irrigation.

As per the analysis by IMARC Group, the top submersible pumps manufacturers are increasingly investing in research and development (R&D) activities, such as the integration of the Internet of Things (IoT) with submersible pumps, to enhance the in-depth monitoring, data capturing, and remote access of the pumps. They are also focusing on growth strategies, including mergers and acquisitions (M&A) and partnerships, to expand their consumer base and improve their market foothold across the globe. On account of these factors, the market value is expected to reach US$ 19.6 Billion by 2032, exhibiting a CAGR of 4.6% during 2024-2032.

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Top Submersible Pumps Manufacturers in the World:

Atlas Copco AB

Establishment: 1873
Headquarter: Sweden
Website: https://www.atlascopcogroup.com/en

Atlas Copco AB develops, manufactures, and markets generators, vacuum solutions, mining equipment, electric and pneumatic tools, hybrid joining technologies, compressed air equipment and treatment, and other assembly systems. The company also designs an extensive range of dewatering applications across multiple industries such as electric submersible pumps, WEDA small electric submersible pumps, and accessories.

Flowserve Corporation

Establishment: 1997
Headquarter: Texas, United States
Website: https://www.flowserve.com/en/

Flowserve Corporation designs manufacturer distributes, and services industrial flow management equipment across the world. The company offers valves, pumps, and mechanical seals primarily for chemical processing, power generation, water treatment industries, and petroleum refinery and pipeline segments.

Grundfos Holding A/S

Establishment: 1945
Headquarter: Denmark
Website: https://www.grundfos.com/

Grundfos Holding A/S operates as a holding company through its subsidiaries and offers liquid pumps for various industries and applications, including biofuel, automotive, agriculture, beverage production, wastewater, and water utilities. Besides this, the company supplies pumps to residential, commercial, and industrial customers across the globe.

ITT Gould’s Pumps Inc.

Establishment: 1920
Headquarter: New York, United States
Website: https://www.gouldspumps.com/en-US/Home/

ITT Goulds Pumps is among the most widely recognized and respected brands in the global pump industry, serving customers in the oil and gas, mining, power generation, chemical, pulp and paper, and general industrial markets. The company produces engineered components and customized technology solutions for industrial end-users. It provides complex pumps to advanced brake pads for intricate connectors. The company continues to lead the industry in both mechanical pump design and the adoption of smart technologies as the only manufacturer to make digital monitoring standards on every process pump.

Kirloskar Brothers Limited

Establishment: 1888
Headquarter: Pune, India
Website: https://www.kirloskarpumps.com/

Kirloskar Brothers Limited manufactures ploughs, turbines, sluice valves, concrete mixers, machine tools, sugarcane crushers, power-driven pumps, iron and steel castings, and agricultural implements. It provides its customers with finite element modeling and computational fluid dynamics packages for hydraulic analysis. Moreover, the company also supplies several turnkey mini-hydel power projects.

KSB SE & Co. KGaA

Establishment: 1971
Headquarter: Germany
Website: https://www.ksb.com/en-global

KSB SE & Co. KGaA is a German multinational that designs and manufactures pumps and valve systems. The company offers heating pumps, water treatment, flood control, automation, and engineering systems. It also provides repair, maintenance, commissioning, and building services worldwide. Today, all of KSB’s business activities are managed in three segments, namely pumps, with its six market areas, valves, and service.

Schlumberger Limited

Establishment: 1926
Headquarter: Texas, United States
Website: https://www.slb.com/

Schlumberger Limited is a leading provider of technology and services to the energy industry across the world. The company provides a wide range of services, including technology, project management, and information solutions to the international petroleum industry and advanced acquisition and data processing surveys. Today, the company specializes in reservoir characterization, drilling, production, and processing and offers the most comprehensive range of products and services in the industry.

Sulzer AG

Establishment: 1834
Headquarter: Switzerland
Website: https://www.sulzer.com/en

Sulzer AG is an engineering firm that operates into five divisions, including Sulzer Metco, Sulzer Turbomachinery Services, Sulzer Pumps, Sulzer Chemtech, and Sulzer Hexis. Amongst these, Sulzer Metco manufactures surface technology coatings solutions, which prolong the life and enhance the performance of components treated with the division's products.

Weir Group Plc.

Establishment: 1871
Headquarter: Glasgow, United Kingdom
Website: https://www.global.weir/

Weir Group Plc is an engineering solutions provider that focuses on minerals, oil and gas, and power markets. The company offers products and services for mining and minerals processing, power generation, oil and gas production, water supply, and other industrial uses, and supplies pumps, valves, compressors, and turbines.

Wilo SE

Establishment: 1872
Headquarter: Dortmund, Germany
Website: https://wilo.com/

Wilo Group is one of the world’s leading premium providers of pumps and pump systems for the building services, water management, and industrial sectors. It manufactures and sells pumps and pump systems used in wastewater collection and transport, sewage treatment, drainage and flood control, rainwater utilization, water supply, and pressure boosting worldwide. Furthermore, the company’s innovative solutions, smart products, and individual services move water in an intelligent, efficient, and climate-friendly manner.

Xylem, Inc.

Establishment: 2011
Headquarter: United States
Website: https://www.xylem.com/en-in/

Xylem Inc. is a leader in developing innovative water solutions through smart technology. It designs, manufactures, and provides equipment and services for water and wastewater applications. It addresses the full cycle of water from collection, distribution, and use to the return of water to the environment.

About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects in the submersible pumps industry, which has enabled clients to set up and expand their businesses successfully. Some of the company’s offerings include:

• Market Research
• Plant setup
• Plant Expansion
• Marketing and sales
• Procurement and Distribution
• Innovation and Product Development